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 Dollar Downturn. (See the Forex section.)
Precious Metals:
Gold Advances 2.5% on Week, Silver Surges 4.5%
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Gold Breakout & Upside Price Targets
Stocks:
Next, at Seeking Alpha, there is this: September 2017 Stock Considerations
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At CNBC: Dow closes more than 200 points lower, posts its worst day since August 17. (Warning: Has auto-start video.)
Commodities:
On to this piece at Platts: Key trends impacting commodity markets in 2017
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And at Market Oracle: When and how to invest in the commodity market – Taking a balanced step forward
Forex (Dollar Downturn):
The US Dollar Index (USDI) remains in a bear trend, just as I predicted. Once again: President DJT wants a weaker Dollar, primarily to boost US exports. Plan accordingly. Diversify with a hedge out of US Dollars. That means both precious metals and selected foreign currencies. My current favorite is the Swiss Franc (CHF).
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The US dollar is in its worst losing streak in 14 years and the data aren’t helping