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 the FOMC meeting. (See the Stocks section.)
Precious Metals:
Signals Show Great Upside For Gold In 2019 – Bloomberg Intelligence
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Clive Maund: Gold Price Market Update
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Second Chances: Silver To Finally Shine In 2019
Stocks (FOMC Meeting)
All eyes are on the upcoming two-day Federal Reserve Open Market Committee (FOMC) meeting, December 18-19. If they bump rates up another .25% then we will probably see even deeper declines in American stocks. Some market analysts have opined that the recent stock drops are already building this planned rate hike in to the market, as a fait accompli. (Or as they say on Wall Street: “Already baked in the cake.”) But I’m not certain that will happen. If the FOMC decides to pause their rate hikes at this next meeting, then there could be a brief rally in stocks. (Hint: That would be a good time to eject!)
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Not Enough Lifeboats: Markets Far More Dangerous Than Generally Believed