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 False Recovery. (See the Stocks section, below.)
Precious Metals:
The spot price of platinum is still in the doldrums, but recently saw an uptick. Any point in time when you can buy an ounce of platinum for less than ounce of gold, then it is a good time to buy platinum!
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I’m not a believer in most of what the Chartists have to say. But I found this macro analysis interesting: Ira Epstein’s Precious Metals Video August-2-2017.
Commodities:
After spiking in 2016, the price of sugar seems to be returning to its long term downtrend. The 2016 spike was attributed to El Niño weather patterns. If you ever hear of another El Niño developing, then immediately stock up on sugar!
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The average price of propane is around $2.40 per gallon, nationwide. Locally, we just saw a deep dip in prices in the northern half of the American Redoubt. This might be a good time to top off your tanks.