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 Colt New Service revolvers. (See the Tangibles Investing section.)
Precious Metals:
Silver was flat this week, but gold took a jump, following the bad news on Wall Street.
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Gold: Silver: The Markets: What’s Next For 2019
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The Gold and Palladium ratio now shows the two metals trading at parity! This is probably a great time to buy physical palladium, if you want to diversify your precious metals portfolio.
Stocks:
This past week’s stock market slump is making headlines. As of Thursday morning (when I’m wring this), the Dow Jones Industrial Average (DJIA) is down another 648 points to 24,375. That was a 2.64% drop. And combined with Wednesdays’ losses, we’ve seen a 1,500 point drop. Ouch. And that wasn’t the first big fall. Back in October, market declines had already wiped out all of the gains for 2018.
I now fully expect this to turn into a secular bear market–especially if interest rates continue to rise and the tariff war continues. As I’ve written before: The Powers That Be would rather see a market crash than see Donald Trump re-elected.