Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in rare and antique motorcycles. (See the Tangibles Investing section.)
Silver keeps getting kicked into the gutter by short sellers. But the silver stackers will get their reward in the next few years. Higher interest rates will soon collapse the U.S. stock market and housing bubbles. Then we’ll see folks desperately running for safety. Those exit doors are always made visible by their gold and silver colors and their “TANGIBLE WEALTH” markings.
The cryptocurrencies have certainly lived up to their reputation for high volatility since last December. When I last checked, the cost of a Bitcoin was $8,056, an Ether was $604, and a Litecoin was just $160. I suspect that we’ve reached “floor” levels. All the talk of higher interest rates appears to be driving a lot of those who bought “on margin” out of the market. This is a good time for new buyers, not sellers–especially those speculators who bought cryptos in December at the top of the market with OPM (Other People’s Money.) Buy low, and sell high. Doing it the other way around soon leads to ulcers or self-defenestration. FYI, I’m still fairly bullish on the major cryptos in the long term. But for now, “buckle up!”
Economy & Finance:
o o o
These American companies could be hurt by Trump’s tariffs. (Keep in mind that this is coming from the leftist and strongly anti-Trump CNN. )
Tangibles Investing (Antique Motorcycles):
One niche in the world of collectibles investing is buying restored classic, rare, and antique motorcycles for long term appreciation. I’m not a biker, so I don’t feel qualified to make any comments on this topic. So I’ll suffice herein with a collection of articles that I found with some searches, to get you started. Note that the prices quoted in several of these articles are out-of date. For example, typical Norton Commandos are now typically selling for more than $18,000 USD:
From The Drive, posted in 2015: 10 Killer Classic Motorcycles Under $10,000
Here is a 2013 article that provides some good reference figures (and some stunning photos): Vintage Motorcycles – Increasing Market Values
Next, a good piece from 2007: Owning and Collecting Classic BMW Motorcycles
And I’ll round this section with an article from Forbes that dates back to 2006: Collecting Vintage Motorcycles
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos page for our detailed disclaimers.
Please send your economics and investing news tips to JWR. (Either via e-mail of via our Contact form.) These are often especially relevant, because they come from folks who particularly watch individual markets. And due to their diligence and focus, we benefit from fresh “on target” investing news. We often “get the scoop” on economic and investing news that is probably ignored (or reported late) by mainstream American news outlets. Thanks!