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 increasing postal rates and provide an update on real estate values, in 2024. (See the Tangibles Investing section.)
Precious Metals:
Gold and silver have held fairly high prices thusfar in 2024. JWR’s Comments: When I last checked, spot gold was at 2,062.00 USD per Troy ounce, and silver was at $23.41 per ounce. As always, buy on the dips, or Dollar Cost Average your precious metals purchases. As a prepper, I must always emphasize: Avoid “paper” metals such as mining stock shares and ETFs. Instead, buy physical metals, take delivery and store them very well hidden, at home. (But let at least two other trusted family members know their exact location – just in case you die unexpectedly.) When buying, search for a trustworthy dealer that charges low premiums. Pay cash, to avoid a paper trail. Be willing to drive a long distance for cash deals when buying precious metals, to maintain your privacy.
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Phil Carr: How High Will Gold Prices Go In 2024?
Economy & Finance:
Entry-Level Jobs Pay Six Figures In This Gritty Part Of America.
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BlackRock Announces Plans To Lay Off Over 600 Employees.
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Banks should increase use of ‘discount window’ to prevent crises – expert group.
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