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 re-emergence of synthetic Collateralized Debt Obligation (CDO) derivatives. (See the Derivatives section.)
First off, there is this at Zero Hedge: Gold Demand Surges As Price Suffers Worst Month Since November. JWR’s Comment: But keep in mind that Gold is still up 12% for the year to date.
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For those of you who like to track metals prices measured in grams and quoted in Euros, I recommend the Legor web site. Andf if you want to toggle between Troy ounces and gramsa nd toggle between different currencies, I recommend the GoldPrice.org site, based in Switzerland.
Stock Market And Economic Outlook For Q4 2017. JWR’s Comment: I concur. Loose credit is the driver of this boom. It can definitely continue, but not indefinitely.
Derivatives (Collateralized Debt Obligation (CDO) Derivatives):
In a Blast From a Financial Crisis Past, Synthetic CDOs Are Back. JWR’s Comment: Apparently the painful lessons of 2008/9 have already been forgotten.
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The annual Risk USA conference will be held October 24th to 27th, in New York City. JWR’s Comment: Don’t expect to hear many loud cries for transparency and regulation from this crowd.
Reader H.L. sent us this at the leftward-leaning The Washington Post: The new reality of old age in America
SurvivalBlog and its Editors are not paid investment counselors or advisers. So 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!