Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, a look at the precious metals bull market and some conflicting predictions for the equities markets.
Precious Metals:
The bull market continues! Gold just hit another all-time high, in terms of US Dollars. Spot prices, as of Wednesday morning:
Not that the silver-to-gold ratio is at 88.35-to-1.So this is another good juncture to ratio trade some of your physical gold or ETF gold into physical silver. And it is not too late to hedge into some platinum, because it is still undervalued vis-a-vis gold. In the event of a Third World War, the price of platinum will almost surely be higher than the price of gold.- JWR
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A piece by Dave Kranzler, over at Gold-Eagle.com: Gold Market Stress More About A Shortage Of Deliverable Gold Than Tariffs.
Economy & Finance:
A Reuters report: Morgan Stanley revises Fed rate cut forecast amid tariff uncertainty.
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Martin W. Armstrong: Trump Tariffs – The Art of the Deal.
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At Zero Hedge: World Bank Forecasts Economic Slowdown In The Caucasus And Central Asia.