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, a look at pre-1965 “junk” silver coins. (See the Precious Metals section.)
Precious Metals:
The recent dip in the spot silver price to below $30 USD per Troy ounce signals a good opportunity to do some buying and stacking. I believe that this dip will be brief, so take advantage of it. Buy physical silver and stack it deep! – JWR
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An excellent video primer: Buying Junk Silver for Beginners. Note from JWR: Unless you are already quite familiar with pre-1965 “junk” silver, then you should probably watch this video twice.
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At the UK Globe & Mail: Silver’s Bright Future: Green Energy Fuels Demand Surge.
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Gold is getting harder to find as miners struggle to excavate more, World Gold Council says.
Economy & Finance:
Reader D.S.V. spotted this: 63 US “Problem Banks” Are Nearly Insolvent, But You Can’t Know Which Ones.
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Biden’s team asks CEOs how to further boost the economy while Trump says business is on his side.
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Global economy will slow for a third straight year in 2024, World Bank predicts.
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At the Whatfinger.com news aggregation site: U.S. Job Market Sees Supposed Strong Growth Amid Rising Unemployment: Economic Indicators Point to Mixed Signals.
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