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 the future of cryptocurrencies. (See the Cryptos section.)
Precious Metals:
It is noteworthy that when I last checked, spot silver was at $14.73 and gold was at $1,207 per troy ounce. That is a ratio of 81.94-to-1. A ratio this high is unusual. We saw roughly this same silver-to-gold ratio in June of 2003 and again in December of 2008. (The lowest ratio in the past 10 years was in April of 2011, with a ratio of just 31.5-to-1.) For those with any interest in ratio trading, I believe that now is great time to swap gold for silver. In my estimation, the upside for silver is substantially better than for gold.
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Money, Fake Money And Sound Money
Cryptos (Future of Cryptocurrencies):
This was published back in April, but is still largely accurate: Cryptocurrency regulation in 2018: Where the world stands right now
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Cryptocurrency Regulation Update (August 2018)
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Video at CNBC: Ten experts debate bitcoin’s recent declines and the future of cryptocurrency