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 investing in Rolex wristwatches. (See the Tangibles Investing section, near the end of this column.)
Spot gold has bounced back to around $1,300 per troy ounce. But the price of silver is more like to break out.
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Peter Hug comments on Rhodium: Forget Bitcoin – Is This Overlooked Metal Heading Straight Back to $10,000?
First off, there is this: Dow, S&P 500 and Nasdaq hit record highs as Wall Street bets on a strong earnings season
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Gregory W. Harmon: Copper Shows Strength
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Marc Chandler: Will The Bullish Outlook For Treasuries Weigh On The Dollar?
Economy and Finance:
A Reluctant Preppers interview with Greg Mannarino: Epic Financial Shift is Being Signaled: Prepare Now
Tangibles Investing (Rolex):
This article from 2015 about Rolex wristwatches is timeless (pardon the pun): Watches Are Bad Investments—With One Notable Exception. This article makes is sound as if only Rolexes hold their value. But there are indeed many other brands of wristwatches that gain value, mostly from Switzerland–or made with Swiss movements. Some of the most popular makers include: Vacheron Constantin, Panerai, Jaeger-LeCoultre, Breitling, IWC, Omega, and Patek Philippe. Here are another couple of more instructive articles that are more recent: A New And Better Way To Buy, Sell, Or Collect Fine Watches, and How to Ride the Vintage Watch Boom. OBTW, for the best resale value, it is important to save the original box, receipt, and factory papers.
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!