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 JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in WWII vintage jeeps. (See the Tangibles Investing section.)
Precious Metals:
Todd ‘Bubba’ Horwitz: Silver To Climb To $20, Outperform Gold In 2019
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A headline from Wednesday: Gold Pushes To Five-Month High As U.S. Dollar Index Hits Daily Low
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Frank Holmes: The Gold Bulls Just Regained The Upper Hand
Economy & Finance:
On Wednesday, the Federal Reserve Open Market Committee (FOMC) voted to raise interest rates by 25 basis points (0.25%.) Not surprisingly, the next day the Dow stocks fell another 400 points to a 14-month low, and the NASDAQ and S&P both dropped another 1.5%. There is a now the strong smell of bear in the air.
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Here is a link suggested by fellow blogger Ol’ Remus of Yer Ol’ Woodpile Report: Half of America hasn’t recovered from the recession
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Also this at Zero Hedge: Wheels Come Off The Leveraged Loan Market: Banks Unable To Offload Loans Amid Record Outflows