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 U.S. Creditworthiness. (See the Economy and Finance section.)
Precious Metals:
First off, there is this, at Seeking Alpha: Gold Weekly: Too Late To Ride The Wave?
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Also there, Scot MacDonald asks: Is Silver Ready For Takeoff?
Stock Markets:
Reader Diane C. suggested this: Here’s What Historically Happens to Stocks When Bull Markets End. JWR’s Comment: This shows the wisdom of placing automatic Stop Loss sell orders with your broker , or online brokerage system. Do so soon, so that you can sleep well at night! Consider that your First Exit, in a crisis. The Second Exit–one that most people won’t bother to take–is what I call: “The Exit Through The Gift Store.” By this I mean: Take the cash generated from liquidating your equities and reinvest most of that into something tangible and practical. Productive rural retreat land is at the top of my list of tangibles.