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 a Possible Bitcoin Sucker Rally. (See the Forex & Cryptos section.)
Precious Metals:
Gold price hits more than 6-month low as dollar and equities recover
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Jim Wyckoff: Where are the Stops? Tuesday, June 26, Gold and Silver
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Bubble Charts: War Between Tech Investors vs. Gold And Silver
Forex & Cryptos (Possible Bitcoin Sucker Rally):
Bitcoin’s Defense of $6K Raises Odds of Relief Rally. JWR’s Comment: I’m not so optimistic. This may be a Sucker Rally. Thankfully, I turned nearly all of my Bitcoin into tangibles (gun parts, guns, and silver) back when it was worth in excess of $8,500 per BTC.
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NordFX: Forex Forecast and Cryptocurrencies Forecast for June 25-29, 2018
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The World’s Most Cashless Countries
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Ether Price Drops to 10-Week Low Near $400