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 Hyperinflation in Venezuela. (See the Economy and Finance section.)
First off, over at Zero Hedge: Gold ETF Holdings Surge To 4-Year Highs Ahead Of Lunar New Year
Just as I have been warning you for several years in this column: It’ll be another weak year for the US dollar, Goldman Sachs predicts. It is wise to hedge into foreign currencies. For stability over the next several years, the Swiss Franc is still my favorite.