Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at some more indicators of mass inflation ahead. (See the section.)
Precious Metals:
First up, from Jim Curry: Gold Update – U.S. Stocks Bracing for Correction.
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Gold and silver prices react to this week’s events in some unexpected ways
Economy & Finance:
A bond market alert: For The First Time Ever, Real US Investment Grade Yields Turn Negative. JWR Adds: For those who aren’t familiar with the bond market, read this primer: Why Bond Prices and Yields Move in Opposite Directions
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At Seeking Alpha: BlackRock sees ‘new nominal’ accelerating as inflation expectations hit 26-month highs
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“A Huge Reversal” – Louis Gave Warns “Inflation Will Come Back With A Vengeance”. Here is a snippet from the interview:
“When I look at markets, there are three key prices in the world economy: Ten year Treasury yields, oil, and the Dollar. One year ago, yields were going down, oil was going down, and the Dollar was going up. Today, Treasury yields are going up, oil is going up, and the Dollar is going down. This is a huge reversal. When I see a market where interest rates are rising and the currency is falling, alarm bells go off.“
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And at Wolf Street: Stunning Brick & Mortar Meltdown, Manhattan Style: The Collapse of Retail Rents Before & Now During the Pandemic
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Another from Wolf: Massive Inflation in Shipping Costs. And the Reasons
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Five Reasons Why Runaway Inflation Is Imminent According To Morgan Stanley
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And one more word of warning: Fed-Driven Bubble Destined To End Badly. JWR’s Comment: So, with some major inflation approaching, what changes to your portfolio should you be considering? See the Economy & Finance section.