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 investing in Federally antique Finn M39 Mosin Nagant rifles. (See the Tangibles Investing section.)
Precious Metals:
It is noteworthy that the ratio of silver to gold spot prices peaked at around 92.5-to-1 in mid-July, 2019, and is now down to around 82.5-to-1. But I believe that this slide will continue, even if there is a deep global recession. The bottom may be as low as 15-to-1–although that may not come until the second half of the 21st Century. I suggest that you should still ratio trade out of gold and into silver, unless secure storage space is very limited in your home. I’ve often written that silver makes great “ballast” for a home gun vault.
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Economy & Finance:
Fed at a crossroads: Rate cut likely this week, but is this the last hurrah?
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Caterpillar just flashed the latest warning sign for the global economy. (Thanks to H.L. for the link.)
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National Pravda Radio (NPR) reports: As Growth Slows To 1.9%, The Economy Is Falling Short Of Trump’s Target
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The Demographic Depression Will Overwhelm Central Bankers Over The Upcoming Decade
