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, an update on the state of the global economy. (See the Economy & Finance section.)
Precious Metals:
The Precious Metals bull continues his charge! On Tuesday, spot Gold hit an intraday price of $3,801.40 per Troy ounce. That was another all-time high. And meanwhile, spot silver briefly touched $44.66 per Troy ounce.
By Thursday afternoon (yesterday), spot gold was bouncing around the $3,765 region, after some profit-taking. But spot silver was up to a very respectable $45.46 per Troy ounce. Hang on, folks. This bull has just been turned loose on the streets of Pamplona, and he is feeling feisty! And, FWIW, I’m still predicting that silver will out-perform gold, substantially. – JWR
o o o
Rick Mills, over at Gold-Eagle.com: Precious Metals and Critical Minerals Feeling Market Love.
Economy & Finance:
From the leftist and anti-Trump policy Bloomberg: Resilient World Economy Set for Tariff Hit in 2026, OECD Says.
o o o
IGC: Remarkable Resilience: Global Economic and Private Markets Update.
o o o
From the UN’s DESA: World Economic Situation and Prospects 2025 September Update.
o o o
Martin W. Armstrong: When Monetary and Fiscal Policies Blur. A great quote from his essay:
“The reason politicians love low [interest] rates is not to help the people but to help government. With the US national debt now spiraling out of control, every uptick in rates increases the cost of debt service. Trump knows this. Biden knew it too. Every administration eventually leans on the Fed to keep rates down because the alternative is insolvency.”
Commodities:
At Zero Hedge: “A Black Swan Event”: Copper Prices Soar After FCX Declares Force Majeure At World’s 2nd Largest Mine.
o o o
WTI Holds Gains Despite ‘Small’ Draw; US Crude Production Nears Record High.
o o o
From OilPrice News: U.S. LNG Boom Faces Glut Risk by 2030.
o o o
Oil Pipeline Lifeline for Canada Comes Under Siege in Michigan.
Inflation/Deflation Watch:
UK to suffer highest inflation in G7 this year, says OECD.
o o o
Venezuela, Argentina, Cuba, and Beyond: How Soaring Inflation is Reshaping Latin American Travel for 2025.
o o o
Reuters: US business activity cools further, no widespread price increases.
Forex & Cryptos:
This was published in late July: BRICS Currency Shows Progress, 2026 Launch in View, Say Analysts.
o o o
At Larry Greenberg’s Currency Thoughts: A Long, Long View of the Dollar’s External Value: Low Now and In Danger of Weakening Further.
o o o
Long-term prospects for Ethereum?
Tangibles Investing:
J.P. Morgan: Alternative Investments in 2025: Our top five themes to watch.
o o o
Our featured Pre-1899 Gun Of The Week, at Elk Creek Company: Thomas Bland Sidelock Double Barrel 12 Gauge Shotgun — Resleeved.
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. Please see our Provisos page for our detailed disclaimers.
News Tips:
Please send your economics and investing news tips to JWR. (Either via e-mail or via our Contact form.) These are often especially relevant because they come from folks who closely watch specific markets. If you spot any news that would be of interest to SurvivalBlog readers, then please send it in. News items from local news outlets that are missed by the news wire services are especially appreciated. Thanks!
Read the full article here