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 Offshore Retreat Land. (See the Tangibles Investing section.)
Precious Metals:
We’ll begin with this news from Zero Hedge: “This Could Be Huge”: Gold Bar Certified By Royal Canadian Mint Exposed As Fake
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Gold Softer As U.S. Consumer Confidence Index Rises To 17-Year High
Stocks:
Canada Stocks-TSX touches fresh record, Shopify tumbles
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Bloomberg: The Biggest Stock Collapse in World History Has No End in Sight
Commodities:
Big Oil Has Learned To Live With Lower Oil Prices
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Nick Cunningham asks: Can $60 Oil Last? JWR’s Comment: Unless a real shooting war breaks out somewhere, I expect oil to be in the doldrums for the next few years. I believe that the recent $60 per barrel blip is more of an aberration.