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 raising Tibetan Yaks. (See the Tangibles Investing section, near the end of this column.)
First, over at Seeking Alpha: Has Gold Found A Bottom?
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At MarketRealist: What Led to the Slump in Precious Metals on October 2?
Over at the leftist New York Post: Trump’s insane Dow Jones rally just keeps going. JWR’s Comment: President DJT’s rally is actually just a continuation of President BHO’s rally. This was all created by artificially low interest rates. This cannot go on forever without seeing a sharp correction.
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Bloomberg: USD/CHF Analysis
Economy and Finance:
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Over at the excellent Alt-Market site: Three Uncommon Signs That An Economic Collapse Could Happen Soon
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Tangibles Investing (Yaks):
Preppers living on 20 or more acres north of the 40th Parallel or above 3,000 foot elevation should consider raising Tibetan Yaks. We started breeding yaks at our first ranch near Orofino, Idaho back in 1995. At that time they were still considered a rare breed in the United States. But there are now tens of thousands of them, and breeding stock is affordable. We bred a variety called ultra-wooly black yaks. Our senior cow named Yolie came from the Toronto zoo. But our bull, named Yukon Yak, came from a ranch in Wyoming. We gave all of our pure-bred calves “Y” names like Yasmin, Yetta, and Yolie.
We found yaks very easy to fence and manage, since they are smaller than Jersey cattle. They are very hardy and are thrifty grazers. Yak beef has the lowest cholesterol of any cattle breed. And Yak milk has unusually high butterfat content–making it very useful for making butter. Yaks do not moo. No, they grunt. Their under-wool can be brushed out and spun in to yarn. Oddly, yaks have purple tongues, like the Chow dog breed.
Yaks have one less pair of ribs than other cattle, but they cross-breed with all small cattle breeds quite well. The offspring of crossbreeding is fully fertile. For two years we did our crossbreeding with a Jersey cow. Our Yak bull was able to cover our Jersey cow quite readily. My late wife (“The Memsahib”) wrote the original Internet Yak FAQ. If there is SurvivalBlog reader interest, I can re-post it.
We’ve subsequently moved on to breeding other cattle, but we still highly recommend yaks for anyone living in northern or subalpine climate zones. I found a yak breeder in Colorado that has an informative web page: DelYaks. And the International Yak Association (IYAK) web site is also worth visiting.
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!