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 a potential corn crop failure, due to flooding. (See the Commodities section and the Tangibles Investing section.)
Precious Metals:
A bell just rang. Did you hear it? The ratio of the spot price of silver to the spot price of gold just hit another high point. As of June 4th, 2019, one Troy Ounce of silver cost $14.76 and meanwhile one Troy Ounce of gold cost $1,323.10. That equates to a ratio of 89.64-to-1. So this is a great opportunity to ratio trade out of gold into silver!
o o o
Economy & Finance:
Markets Are Screaming Rate Cuts. It’s Fed’s Turn to Respond
o o o
I’ve never been a chartist, but Mike C. wrote to mention this interesting analysis of the S&P 500, by Clive Maund: BLOODBATH LOOKS IMMINENT – FULL DEFENSIVE MODE…
o o o