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 continuing precious metals bull market.
Precious Metals:
Gold has mostly stairsteped to a series of new all-time highs (in US Dollar terms) since September 4th. The Gold Bull is picking up speed! Even if the Gold Bull slows down, we can still look for even greater percentage gains in silver and platinum. Those are both relatively undervalued, when compared to gold. – JWR
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At Gold-Eagle.com: Wealthy Asian Families Are Diving Into the Gold Market.
Economy & Finance:
Linked over at the Whatfinger.com news aggregation site, a recent X post from House Speaker Mike Johnson: Today’s revised BLS jobs numbers prove two things…
And here is a slightly different perspective:
Worst Revision In History: BLS Admits A Record 911K Fewer Jobs Were Added Under Biden.
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Lily spotted this video: Vietnam Closes 86,000,000 Bank Accounts, Submits to OECD’s Power Grab!
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At Zero Hedge: Nine Meals From Anarchy.
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Govt. Crisis Sends French Bond Yields Above Italy’s For First Time In EU History. JWR’s Comment: Both France and Germany are presently in some deep economic Schumer.
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Newsweek: Americans warned of major credit score change this fall.