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 the wild ride in the markets, triggered by the Ukraine crisis.
Precious Metals:
The spot prices of gold and silver took considerable jumps this week, just as I anticipated. In my estimation, it is still not too late to buy some silver, as it is likely to zoom up over $40 per Troy ounce, as the Ukraine crisis deepens. And if silver “the poor man’s gold” is still too expensive for you, then you can always get nickels at face value from your local bank, for immediate gain. (See the Commodities section for some details on the global nickel market.)
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Gold: Chasing Price Feels Very Nice!
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Gold price hits all-time highs as investor risk sentiment falls sharply.
Economy & Finance:
The Atlantic: China’s Russia Risk.
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Greyerz – The Dark Years For The World Are Now Starting In Earnest.
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In the midst of economic turmoil, is Russian history repeating itself?