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 long term prospects for Bitcoin. (See the Cryptos section.)
Precious Metals:
Bullish Or Bearish: Gold’s Next Trend Is Up To The Fed
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Gold Speculators Added To Their Bets, Now Bearish For Six Straight Weeks
Stocks:
Dow hits another all-time high on mixed day for US stocks
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Global Economy:
Video of an interview with University of Maryland Professor Peter Morici, at Fox News: Will Trump’s new tariffs be enough to pressure China?
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Avalanche Lily pointed me to this article: Is China intruding in Israel’s defense industry?
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Readar H.L. mentioned this piece over at Zero Hedge: Goldman Warns Of A Default Wave As $1.3 Trillion In Debt Is Set To Mature
Cryptos (Bitcoin):
After many months in the doldrums, the recent breakout in the dollar value of Bitcoin above $6,700 leads me to ask: What are the long term prospects for Bitcoin? Here are two radically different views:
Why Bitcoin Is Destined for Bigger Things
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Four Reasons Why Bitcoin Isn’t Going to Be a Long-Term Winner
Commodities:
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Maduro Looks To China For A Bailout
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