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 collectible Colt firearms. (See the Tangibles Investing section.)
Precious Metals:
Commerzbank: ETF Holdings Of Silver Up Sharply Since Start Of June
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Texas Takes Another Step to Facilitate the Use of Its Gold Bullion Depository
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What is Up With the Silver Market? Who Is the Whale? – Mike Maloney
Global Economy & Finance:
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And even worse news, regarding DB’s huge derivatives book: Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day. JWR’s Comments: Mark my words, folks: The nascent crisis at DB could trigger a cascading global derivatives melt-down and even threaten the Forex value of the Euro. Get out of paper and into tangibles!
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At Wolf Street: The Fed’s Stealth Stimulus Has Arrived
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Socialism: A Man-Made Malthusian Trap
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Reader DSV spotted this piece by Mark Nestmann: Banks Will Soon Be Obsolete
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At Seeking Alpha: Free Falling RV Shipments Signal Recession