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 the Exodus Cryptocurrency Wallet Tool. (See the Cryptocurrencies section, near the end of this column.)
Precious Metals:
Gold rises on dollar weakness, palladium hits 17-year peak JWR’s Comment: With platinum now at around $922 per Troy ounce and gold at around $1,283, it makes more sense than ever to parlay some of your physical gold holdings into physical platinum. I prefer the 1/2-ounce and 1-ounce platinum Liberty (U.S. Mint) bullion coins, for their ease of recognition, for resale or barter. Presently, platinum is so low that you might as well buy slabbed (PCGS or NGC encapsulated) Platinum Liberty coins. (In today’s market, those graded MS-66 to MS-68 aren’t selling for much more than the price of spot platinum, if you shop around.) In the long run, the current gold/platinum price inversion is bound to return to its historic norm. Platinum will then sell at a substantial premium above the price of gold, rather than at a discount. Buy low and sell high, folks.
Stock Markets:
Yahoo: Stock Market News For Dec 26, 2017
Continue reading“Economics & Investing For Preppers”