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 examine the very troubled airline industry, internationally. (See the Economy & Finance section.)
Precious Metals:
Gold prices back off 9-year highs, bulls still strong
o o o
Update: Spot silver went over $19.80 USD per Troy ounce this morning. I can foresee both futures and spot silver surpassing $20, shortly.
o o o
Gold to Platinum Ratio for the Last 5 Years. JWR’s Comment: As I’ve mentioned before, this is a good time to ratio trade some of your physical gold for physical platinum. Ideally, you should buy either U.S. Mint Platinum Liberty coins or Platinum Canadian Maple Leaf coins. The most successful traders are the observant few who catch the ends of the pendulum swings.
Economy & Finance:
At Zero Hedge: The IRS Is Paying Out 3% To 5% Compounded Daily Interest On Almost All Refunds Issued After April 15 This Year
o o o
Reader H.L. suggested this piece: The “Biblical” Default Wave Arrives: Here Is The Avalanche Of Bankruptcies Unleashed By Coronavirus
o o o
At Wolf Street: These Airlines, Financial Black Holes for Years, Now Face the Pandemic
o o o
o o o
Greyerz – Get Ready For 2021 And “The Great Reset”Continue reading“Economics & Investing For Preppers”