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 Gold Summer Doldrums. (See the Precious Metals section.)
Precious Metals (Gold Summer Doldrums):
Typically, the spot and futures price of gold go into doldrums, every summer. But this summer gold is particularly weak–at least when priced in Dollars. The other precious metals have mostly followed suit. Low points like this are usually a good time to buy. Here are few telling headlines:
Gold Prices Down As Fed’s Powell Stays The Course On Economy Interest Rate Outlook
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Gold Prices Sink To New 1-Year Low Ahead Of Powell Testimony
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Amplats, PIC invest R2.6bn in platinum venture funds
Commodities:
Natural gas-power to hit near record highs as coal-use hovers lower
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