Here are the latest news 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 Peak Real Real Estate. (See the Economy & Finance section.)
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Economy & Finance (Peak Real Real Estate):
It appears that with rising interest rates, most of the United States may have already reached to point of peak real estate–that is, the precipice of a housing market crash that may make the 2006-2010 real estate downturn seem mild, by comparison. As of this writing, I’m now recommending that my readers and consulting clients sell any vacation or rental property that they don’t consider viable for use as a retreat. With silver and gold presently low, this is now a good juncture to turn some of your real estate wealth into physical precious metals wealth. Silver is still my favorite. Remember: “Buy low, and sell high.” 2018 will most likely be remembered as a high point for home and land prices.
I recently found this fascinating article about the California real estate market: More Disappointed Sellers Are Offering Discounts.
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And along to those same lines, there was this, over at Wolf Street: Red Ink: Housing Inflects Further in Bay Area’s Sonoma County
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The effects of if higher interest rates and QE un-winding are now being felt. Have stocks peaked? Probably not yet, but bonds have definitely begun crash. Here is an interesting piece at Seeking Alpha: Stocks: 2018 Has Little In Common With 2007. I must reiterate: After a 10 year expansion without a recession, our economy is On Borrowed Time. Protect your stock portfolio with Stop Loss orders, immediately!
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At Seeking Alpha: Base Metals Third Quarter 2018 Review And Outlook For Q4 2018
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Grain Prices Finding Their Bullish October Footing? JWR’s Comment: The impact of deep early snows in Alberta disrupting the wheat harvest should not be overlooked. Ditto for the drought in Australia’s Grain Belt. The coming northern hemisphere winter may be harsh–especially east of Rockies. Plan accordingly.
I have been amazed to see the prices of AR-15 parts dip so incredibly low. Many gun dealers are calling this “The Trump Slump.” It is mainly born of complacency. Presently, if you buy them in quantity, you can find serialized black anodized stripped AR-15 lower receivers for as low as $39 each, and complete lowers with stocks for as low as $129. (I spotted those at my favorite AR parts supplier, Palmetto State Armory.) My advice: stock up!
SurvivalBlog and its Editors are not paid investment counselors or advisers. 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!