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 Pre-1965 Silver Coins. (See the Tangibles Investing section, near the end of this column.)
Precious Metals:
Clive Maund: ‘The Most Bullish Set Up for Silver that I Have Ever Seen’ (Thanks to H.L. for the link.)
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Precious Metals Weekly Report – April 09 2018 : Motilal Oswal
Forex:
China Is Studying Yuan Devaluation as a Tool in Trade Spat
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What Next for Pakistan After a Second Currency Devaluation?
Economy & Finance:
We Understand The Chinese Government Has Halted Purchases Of US Treasuries”: SGH. JWR’s Comments: Think this through, folks: This change could be the tipping point ending stable, artificially low interest rates. The People’s Republic of China has been the single largest foreign buyer of U.S. Treasury paper. Once the You’re-a-Peons realize that they can hold out for a higher yield from the U.S. Treasury, then they’ll get it. And that could start a very ugly sequence of events: 1.) A stairstepping of interest rates, leading to… 2.) A dampering down of our economy, leading to… 3.) Spiking interest rates, leading to.. 4.) The U.S. National Debt becoming unserviceable– at least without more monetization (QE), leading to.. 5.) A full-blown credit crisis, leading to… 6.) Wholesale Monetization (“QE to Infinity”) , leading to… 7.) A Dollar crisis, leading to… 8.) Mass inflation, leading to… 9.) A Dollar collapse, leading to… 10.) Something like a novel I once wrote.
Watch U.S. Treasuries yields very closely, folks. Those will be the barometer of the entire global economic weather system, for the next couple of years.
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U.S. inflation expectations flat after gains: NY Fed