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 economist–and dedicated survivalist–Brandon Smith.
Precious Metals:
Dollar rise pushes gold toward biggest weekly fall since May
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James Howard Kunstler: BTC is Gold’s Proxy in Sounding Fiat Alarm
Stock Markets:
Dow posts first 8-quarter win streak in 20 years. (Has auto-start video.)
Commodities:
Commodities Recap Of The Week For December 8, 2017
Economy and Finance (Brandon Smith):
Brandon Smith of Alt-Market can always be expected to deliver some cogent commentary. Here is a recent example: Why The Globalists Need A War, And Soon. He and I concur that higher interest rates are coming in 2018 and beyond. And Smith may indeed be right that another major war will be needed as a distraction from the fallout of gross economic mismanagement by the Fed banksters.
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Troubling Trends:
CalPERS Sees Unfunded Liability Rise to More Than $138 Billion
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Bitcoin: What’s driving the frenzy?
Tangibles Investing:
This article by Jim Carmichel dates back 10 years, but it is timeless: Three Rules: Shotguns as Investments
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. So 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!
Great article on CalPERS, what isn’t mentioned is that if they run out of money the tax payers are responsible to make up the difference. Where is there any incentive for it to be run well? Typical governmental performance.
The economies of advanced states are maintained with sticks and carrots. Fear and greed. People respond to these forces. Look at the Mormons who often advocate their people have basic humble jobs go home for dinner not drink or smoke. By staying away from the high consumption apex of the economic pyramid these people are not easily given over to wants and desires. Like many Roman Catholics they attend only to needs. We can all learn from these tactics and strategies advocated by old line ancient or simple cultures.