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 Ultra-Rare Cars. (See the Tangibles Investing section.)
Precious Metals:
We’ll start with this from Clive Maund: Gold Market Update – COTs, Sentiment Super Bullish As Fed Set To Reverse Course…
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A new video, over at Kitco: Gold Vs. Housing: Which Is More Affordable?
Stocks:
Robert Shiller: What should investors do when the stock market is soaring?
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Moving on to some useful data from ABG Analytics: Oversold and Overbought Large-Cap Stocks: Weekly Update
Economy & Finance:
Economy on a roll now, but experts warn there are signs of fraying. JWR’s Comment: The current bull stock market is the longest on record. (Nearly 10 years.) It is better to get out a year too early than a day too late.
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‘No grass’: Europe’s livestock sector stricken by drought
Forex & Cryptos:
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Weekly Technical Forecast: Euro Overpowers Dollar, Breaks Struggle for Momentum
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Bitcoin Price Could Fall to $3,000, Says One of Crypto’s Most Bullish VCs
Tangibles Investing (Ultra-Rare Cars):
Rare Ferrari 250 GTO Sells for Record $48.4 Million at Auction
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25 Rarest Cars in the World and Their Price Tags
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Five Ultra-Rare Modern Cars For Sale on Autotrader
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!
“It is better to get out a year too early than a day too late.”
yeah, but we’ve been hearing that for ten years now ….
Exactly.
“If you had invested $10,000 in Netflix during 2009, it would now be worth $614,000 (up 6,000+ %)”–CNBC, last week
Proves there is ZERO value in being 10 years early for anything…other than buying equities.
NASDAQ all-time highs, S&P all-time highs, Russell 2000 all-time highs, Dow back above 26,000. No, Mr. Trump, I am not tired of winning yet.