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 collectible antique hand tools. (See the Tangibles Investing section.)
Precious Metals:
First up, this article recommended by a blog reader in Alaska: Silver Threads among the Gold: What the Tea Leaves Seem to Be Telling Us
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Gold looking for a break of the 21-D SMA at $1,227
Stocks:
Tesla’s Wild Ride Gets Even Wilder
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Zack’s: In a Protracted Trade War, These Two Steel Stocks Will Be Among the Winners
Cryptos:
Below $7K: Bitcoin Price Looks Indecisive After 19-Day Low
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First Crypto Firm IPO on London Stock Exchange Raises $32.5 Million
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This primer published by Forbes back in February is worth reading: How Is Trading Cryptocurrency Different From Stocks And Forex Trading?
Economy & Finance:
The U.S. Government To Fork Out A Half Trillion To Service Its Debt In 2018
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Reader H.L. suggested this: How Inflation Destroys Civilization
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Charles Hugh Smith: We’ll Pay All Those Future Obligations by Impoverishing Everyone (How to Destroy Our Currency In One Easy Lesson)
Forex:
GBP/USD: The trouble may be far from over
Tangibles Investing (Antique Hand Tools):
Beginner’s Guide to Tool Collecting
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Collector’s Weekly: Antique Tools and Hardware
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. Please see our Provisos page for our detailed disclaimers.
News Tips:
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!
While gold does look like it will make another leg lower, the longer term chart is bullish once it finishes retracing. But, charts are charts and external events do happen.