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 investing in custom knives. (See the Tangibles Investing section.)
Precious Metals:
David Lin: Silver Not Done Rallying; Look For 8% Upside From Current Levels
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Gold price retreats on strong dollar, supported by trade tension
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This article that was posted back in April provides a useful reminder: What Would a Trade War Do to the Value of Precious Metals?
Forex:
A good primer, over at Quora: How can I short a currency that has extreme inflation?
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And speaking of shorting: South African EFF leader Julius Malema has made some rash statements that might confirm that his nation on a Zimbabwe Trajectory. (“I’ve never slapped a white person, I’ve never called for their slaughter. I’ve never called for their killing, at least for now. I can’t guarantee the future.”) If and when Malema and his cronies go Full Mugabe(TM), it will be the death knell for the South African Rand. Those who like to gamble might want to start shorting the Rand, now.
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Argentine Peso Resumes Plunge After Central Bank Shakeup