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 vintage Airstream trailers. (See the Tangibles Investing section.)
Precious Metals:
The recent breakout in the spot gold and silver prices show that they have not lost their “safe haven” status in the investing world. When times get tough and when war drums sound, people all around the world shift to precious metals. Gold recently crossed the $1,400 line, for the first time since 2013. This may mark the beginning of another bull market. One other observation: Seasonally, this is quite unexpected–since typically the precious metals prices go into Summer Doldrums.
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$1,400 Gold Will Breathe New Life Into Miners – Randy Smallwood
Economy & Finance:
At Zero Hedge: Global Negative Yielding Debt Hits Record $12.3 Trillion
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California Pension Fund Faces Crisis After Shunning Guns, Tobacco
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At Wolf Street: Who Bought the Nearly $1 Trillion of New US Government Debt over the Past 12 Months?