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. And it bears mention that 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 green frame Glocks. (See the Tangibles Investing section.)
Precious Metals:
I don’t want to sound like some gloating “I told your so”, but the recent run-up in spot silver is noteworthy. It is interesting to see that the silver-to-gold ratio is starting to shift back more toward normal. It is down from the absurd 91-to-1 and now at around 83-to-1. I expect that trend to continue, with the silver-to-gold ratio at 72-to-1 by the end of 2019. This is still a good time to ratio trade out of gold into silver. And for those of you who hesitated to buy silver: Please don’t feel that you’ve missed the boat. You can still buy on dip days. I believe that silver is headed to at least $55 per Troy ounce, in this bull run.
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Next is this from Gary Christenson: The Silver K.I.S.S. Strategy.
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I noticed that Rhodium is now up to around $4,700 per Troy ounce. I’m curious: How many SurvivalBlog readers took my advice in 2016 and bought Rhodium? Back then, it had dipped to under $700 per ounce. For any of you who did buy some, I should mention that this is a good time to sell at least half of your physical Rhodium. Buy low and sell high, folks.
Economy & Finance:
On to his at Zero Hedge: US Manufacturing Weakest In 10 Years As New Export Orders Collapse
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Reader H.L. sent us this news from London: Laid-off bankers abandon bikes worth thousands in car parks
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