Economics & Investing For Preppers

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 the economic crisis in Turkey.  (See the Economy & Finance section and the Forex section.)

 

Precious Metals:

Gold price logs first gain in 4 sessions, but still near 1½-year low as Turkey turmoil fades

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Jim Wykcoff: Good Sign For Gold Bulls: Gains Despite Greenback Rally

 

Cryptos:

Crypto Market Decline Aggravates as Ripple and Ethereum Hit Yearly Lows

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Square Expands Cash App Bitcoin Service to All 50 US States

 

Economy & Finance (Economic Crisis in Turkey):

From the Russian Tsarizm web site: Russia Looks To Get Rid Of USD In Oil Trade – “Too Risky For Trade”

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Dawn (of Pakistan) reports: Turkey’s economy looks like it’s headed for a big crash

 

Forex (Economic Crisis in Turkey):

Turkey Lira Meltdown LIVE: Erdogan and Putin join against US – Lira fails to recover fully

 

Tangibles Investing:

An important reminder from the SEC: Oil and Gas Scams: Common Red Flags and Steps You Can Take to Protect Yourself. Whether someone is offering shares or the land itself, BEWARE!

 

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!




2 Comments

  1. OTOH Gold may be failing here and headed for a round trip back to the ’16 lows.

    Lot’s of countries are now getting off of the Petro Dollar. I’m not a big fan of Turkey. I think our need for them as a strategic ally in NATO to cover the southern flank of Europe has obviously past given the current self inflicted invasion. We, as people’s have nothing in common. In fact, as a white a Christian they want me dead. No, not a fan at all. Wouldn’t it be nice if we stopped messing with the Russians and stop making them a fictional enemy so our governments can play geopolitic strategy games? The Russian people are fine people. I think that we would be good natural allies against the global south. The whole East vs. West global paradigm needs to end immediately and northern peoples need to realize that the actual threat is southern peoples invading. Government ruins everything.

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