Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today’s focus: Inflation or Deflation? (See the Inflation/Deflation Watch section.)
Precious Metals:
Sprott: Silver Price Dip: Temporary or a Major Trend? Is Gold Next as Tariffs Shake Markets?
o o o
Households urged to check jewelry insurance coverage after gold prices surge.
Economy & Finance:
From the WSJ: Americans Are Sitting on a Cash Pile as Stocks Reel.
o o o
A lecture that provides some serious food for thought and grounds for further research: Exposing the Secret Financial Coup – Catherine Austin Fitts.
o o o
Paul Joseph Watson: Something Strange Is Happening: The Truth About The Tariffs.
o o o
At Whatfinger: Treasury Secretary Scott Bessent Just Warned China They’re Bluffing—and Holding a Losing Hand China threatened more tariffs after Trump hit back with his own. But Bessent says they’re playing poker with a pair of twos. JWR’s Comments: I must warn my readers: Pay attention to the markets, but watch with a jaundiced eye all of the flailings and histrionics of Jim Cramer and MSNBC’s flock of turkeys. And some of the conservative market pundits have their own biases. Regardless of the source, always consider whether “independent market analysis” might be politically driven or otherwise skewed.
o o o
Over at Zero Hedge: Dismal, 3Y Auction Has 3rd Biggest Tail On Record, Only Covid, SVB Worse.