Here are the latest 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 ancient coins. The accompanying photo shows how many ancient coin hoards look, when first excavated. (See the Tangibles Investing section, near the end of this column.)
Precious Metals:
First up, at FX Empire: Silver Price Forecast October 18, 2017, Technical Analysis
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Despite some recent attempts at import controls, the wedding gift demand in India is a key determiner of the price of gold: Diwali sales have been up 15-20%: ORRA
Stocks:
Next, we read: Less than 18 pct of global stocks owned by index investors – BlackRock
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At The Motley Fool: Most Investors Expect a Stock Market Correction Later This Year — but They Also Aren’t Worried About It. JWR’s Comment: Given the current P/E ratios, the weakness in the underlying economy, and the realization that the stock bubble has been driven by artificially low interest rates, I expect a far more drastic correction.
Commodities:
On to this, from the Resilience folks: Peak Oil Review 2: October 2017
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Visualizing US shale oil & gas production. JWR’s Comment: There is a two month lag in some of this data, but it is enlightening.