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 Remington Firearms. (See the Tangibles Investing section, near the end of this column.)
Precious Metals:
How to Buy Gold or Silver With Bitcoin & Other Cryptos
Cryptos:
After dipping to as low as $7,421 USD last week, the value of Bitcoin seems to have bounced back. I believe that $8,000 is a realistic new floor level. There could be a test of a $6,200 USD price level, but I expect BTC to gradually build a base from around $8,100 USD. Although I hedged out of some of my Bitcoin holdings in to precious metals a while back, I’m still bullish for both BTC and Ether, in the long term.
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Many libertarians were fond of asking “Who is John Galt?” Now, some have switched to asking: Who is Satoshi Nakamoto?