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 Bank Stocks.
Precious Metals:
Gold price falls to six-month low as trade war fears boost dollar
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Gold Prices Ignore Weaker Than Expected GDP In Q1
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Video: Silver Technical Analysis for June 28, 2018 by FXEmpire.com. JWR’s Comment: This dip could be a good time to buy physical silver.
Stocks:
Reader H.L. sent this: China Stocks Enter BEAR MARKET! Deutsche Bank Hits RECORD LOW! Bank Stocks FALL!
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CNBC Video: Tough June for Bank Stocks. JWR’s Comment: The effects of the Yield Curve flattening (or inverting) are inescapable. Look for the bank stocks to suffer for the rest of 2018.
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Meanwhile, in India: Bank stocks tumble on RBI red flags on NPAs; S&P BSE Bankex down