Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at the faltering Chinese economy. (See the Economy & Finance section.)
Precious Metals:
Kennedy Shows Crypto Chops – Vows To Back USD With Precious Metal, Bitcoin If Elected.
o o o
At Gold-Eagle.com: BRICs – Gold Convertibility Is The Key.
o o o
Gold Versus Silver – Which Is the Wisest Investment?
Economy & Finance:
From Larry Greenberg’s Currency Thoughts blog: Chinese Data Fail to Dispel Concerns about World’s Second Largest Economy.
o o o
Reported on Wednesday (July 19th, 2023): Dow jumps 100 points for its eighth straight winning day, a first since 2019.
o o o
Yellen: ‘We Have and Want to Continue to Have Deep Economic Ties’ with China.
o o o
Another Day, Another Short-Squeeze For Stocks; Yield Curve Yells ‘Recession’.
o o o
Bankrate: Survey: Economists see 59% chance of a recession by July 2024.
o o o
J.P. Morgan: Mid-year market outlook 2023: Entering uncharted territory.
Commodities:
Lithium And Gold Were The Only Positively Performing Commodities In H1.
o o o
A global commodities rout is fueling fears of a bleak economic future.
o o o
A press release: ICE Sees Strong Demand for Global Soft Commodity Markets as Markets React to Changing Weather Patterns
Inflation/Deflation Watch:
Over at the Whatfinger.com site: 20 Fast Food Chains That Are Getting More Expensive In 2023.
o o o
Record Olive Oil Prices Keep Italian Pizza-Making Costs High.
o o o
At Zero Hedge: Shrinkflation: You’re Paying More And Getting Less.
Forex & Cryptos:
Posted on July 18th, at Currency Thoughts: Wait and See.
o o o
Nasdaq suspends the launch of its own cryptocurrency custody.
o o o
Dogecoin Barks Upwards: Elon Musk’s Twitter Feed Sends DOGE Up 3%.
o o o
XRP price prediction as Ripple’s open interest surges.
Tangibles Investing:
Investing in Real Assets: Adding Tangible Investments to Your Portfolio.
o o o
Used-Car Prices On A Steady Decline As Inflation Cools.
o o o
Palmetto State Armory (one of our affiliate advertisers) has some amazing specials in their “Daily Deals” this week. One of them bears special mention for AR builders: Blemished PSA M4/AR-15 Stripped Lower Receivers marked “Safe/Fire” for just $29.99 each! I haven’t seen this price offered in many moons. So, stack them deep. As receivers, these of course must be shipped “to or through” an FFL. To find these at the Palmetto website, paste the SKU “1728B” into their search box. Are you looking for inexpensive “barter” or “charity” guns, for WTSHTF? Palmetto is also running a closeout sale on brand-new Savage-Stevens 320 Security Pump Action 18.5″-barrel 12 gauge shotguns with pistol grip stocks and iron sights for just $119.99 each. To find these at the Palmetto website, paste the SKU “40751” into their search box.
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 or via our Contact form.) These are often especially relevant because they come from folks who closely watch specific markets. If you spot any news that would be of interest to SurvivalBlog readers, then please send it in. News items from local news outlets that are missed by the news wire services are especially appreciated. Thanks!