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 unfolding commercial real estate market collapse. (See the Tangibles Investing section.)
Precious Metals:
Key segments of the silver market to see 42% growth through 2033 – Oxford Economics.
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It bears mentioning that spot and futures silver prices have recently started going through some larger price swings. Last Tuesday, spot silver jumped 3.45%. And then on Wednesday, it was up another 1.47% to $23.63 USD per Troy ounce. And then on Thursday, it was up another 1.19% to $23.98 USD per ounce. But I still consider silver a relative bargain — so stack it deep. But be sure to shop around to get the best price, since dealer premiums vary widely.
Economy & Finance:
Bank of America “Near Insolvent”? Bank Run Possible? (A hat tip to H.L. for the link.)
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Is Social Security Safe? The CPI Changes Since the ’70s Are Raising Concerns.
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Reader C.B. sent us this: New Biden ‘Joint Employer’ regulation is a boon for unions.
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New USDA poultry rule slammed as ‘Bidenomics causing record inflation’.
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‘Cashless Society’ Would Leave Millions Struggling. (A hat tip to D.S.V. for the link.)