Economics & Investing For Preppers

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 investing in Semi-Numismatic Gold Coins. (See the Precious Metals section.)

 

Precious Metals (Semi-Numismatic Gold Coins):

There is an opportunity that presently exists, while spot prices are low and numismatic prices are also low: buying semi-numismatic pre-1933 U.S. gold coins. These are generally coins that range from AU58 to MS60 on the Sheldon scale. When the markets dip, they can be bought for as little as 10% over the spot metal value. As I’ve mentioned before: If you aren’t an expert at coin grading then by professionally graded encapsulated (slabbed) coins.

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Here is a good primer on the subject: Bullion? Semi-Numismatic? Numismatic?

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And I found that one dealer has a good background piece: A Guide to Collecting Pre-1933 Gold Coins

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Gold, Silver See Slight Gains On Weaker Greenback

 

Economy & Finance:

I was asked by a consulting client about the economic repercussions of the midterm elections. In a nutshell: I still believe that President Trump’s policies have the Federal Reserve banking cartel’s leadership perturbed. Especially when he talks about possibly Federalizing the Federal Reserve. They will continue to raise interest rates in the next two years. They don’t mind torpedoing the economy if that will assure them that Trump will serve just one term. With dreaded Nancy Pelosi in control of the House of Representatives, we will witness both a circus of endless congressional investigations and gridlock on most policy issues. Gridlock will mean: No repeal of Obamacare, very little progress on border fence construction, and mostly unsuccessful attempts at “gun control” (civilian disarmament ) legislation. My biggest fear is that President Trump will attempt to negotiate “deals” with the Democrats, in order to see some of his policies continue to advance. When our liberty is as stake, “compromise” and “common sense legislation’  are dangerous prospects! Continue to pray for our nation, and watch your legislators like a hawk!

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The Economy Does Not Care Who Won The Midterm Elections

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Goldman Sachs: The economy needs to slow down to avoid a ‘dangerous overheating’

 

Stocks & Bonds:

Election results: Stock market bullishness rises

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Vijay Chandar of Morgan Stanley reported on Wednesday’s post-election stock rally:  “US stocks rallied Wednesday, climbing steadily throughout the day to close near session highs. The S&P 500 rose 58 points, or 2.1%, to close at 2,814. The Dow Jones Industrial Average added 500+ points and the NASDAQ Composite jumped 2.6%.”

 

Forex & Cryptos:

Dollar slumps as markets digest US midterm election results

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Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar

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New Bank of Israel Report Recommends Against Creating Digital Shekel

 

Tangibles Investing:

This caught my eye: Lego Sets Have Been a Better Investment than Gold Since 2000

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The 25 most valuable Lego sets of all time, from the Millennium Falcon to the Statue of Liberty

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Top 10 Most Expensive LEGO Sets

 

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!




3 Comments

  1. The Republicans had the house and the senate for the last 2 years and didn’t deal with obamacare or the border fence. They had their chance and they blew it, thanks to the Rebublican leadership who refuses to understand why the American people chose Trump..

    Now not only will Trumps policies not get done but we’ll have the liberals radical policies shoved at us by the House and the media. What a mess we are in. Poor America.

    1. “The Republicans had the house and the senate for the last 2 years and didn’t deal with obamacare or the border fence” I wholeheartedly agree.

      Put the blame on Paul Ryan, a #NeverTrump-er. It’s mostly his fault the Repubs lost the house. He wouldn’t do the things that needed to be done to get things through the House and on to the Senate. The Republican leadership in congress has always been more comfortable being in the minority.

      I have to give a little pass to Mitch McConnell. He seems to have finally gotten the cojones to actually act like a leader should. In the Senate, the biggest problem was John McCain. Once he died most of the Senate Repubs finally got in line with the President, Even Lindsey Graham finally got on board. The last real holdout was Jeff Flake, he retired because he knew he would never be re-elected. He will be a thorn in Trumps side until he is finally gone. I well and truly HATE the neocons (new con men).

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