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, an update on the state of the global economy. (See the Economy & Finance section.)
Precious Metals:
The Precious Metals bull continues his charge! On Tuesday, spot Gold hit an intraday price of $3,801.40 per Troy ounce. That was another all-time high. And meanwhile, spot silver briefly touched $44.66 per Troy ounce.
By Thursday afternoon (yesterday), spot gold was bouncing around the $3,765 region, after some profit-taking. But spot silver was up to a very respectable $45.46 per Troy ounce. Late this morning, it was up to $46.36! And Spot Platinum was at $1,586.50. Hang on, folks. This bull has just been turned loose on the streets of Pamplona, and he is feeling feisty! And, FWIW, I’m still predicting that silver will out-perform gold, substantially. – JWR
o o o
Rick Mills, over at Gold-Eagle.com: Precious Metals and Critical Minerals Feeling Market Love.
Economy & Finance:
From the leftist and anti-Trump policy Bloomberg: Resilient World Economy Set for Tariff Hit in 2026, OECD Says.
o o o
IGC: Remarkable Resilience: Global Economic and Private Markets Update.
o o o
From the UN’s DESA: World Economic Situation and Prospects 2025 September Update.
o o o
Martin W. Armstrong: When Monetary and Fiscal Policies Blur. A great quote from his essay:
“The reason politicians love low [interest] rates is not to help the people but to help government. With the US national debt now spiraling out of control, every uptick in rates increases the cost of debt service. Trump knows this. Biden knew it too. Every administration eventually leans on the Fed to keep rates down because the alternative is insolvency.”
Continue reading“Economics & Investing For Preppers”