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 Exodus Cryptocurrency Wallet Tool. (See the Cryptocurrencies section, near the end of this column.)
Precious Metals:
Gold rises on dollar weakness, palladium hits 17-year peak With platinum now at around $922 per Troy ounce and gold at around $1,283, it makes more sense than ever to parlay some of your physical gold holdings into physical platinum. I prefer the 1/2-ounce and 1-ounce platinum Liberty (U.S. Mint) bullion coins, for their ease of recognition, for resale or barter.
Presently, platinum is so low that you might as well buy slabbed (PCGS or NGC encapsulated) Platinum Liberty coins. (In today’s market, those graded MS-66 to MS-68 aren’t selling for much more than the price of spot platinum, if you shop around.) In the long run, the current gold/platinum price inversion is bound to return to its historic norm. Platinum will then sell at a substantial premium above the price of gold, rather than at a discount. Buy low and sell high, folks.
Economical Travel:
I had a reader give me a tip on inexpensive commercial airline flights–both domestically and internationally. He uses a web site called Google Flights. It is quite easy to use and if you book far enough in advance, you can save thousands of dollars. One trick, he says, is to book flights between major hubs and then get inexpensive ground transportation, after reaching those hubs.
Cryptocurrencies (Exodus Cryptocurrency Wallet Tool):
I had a consulting client ask me about cryptocurrency wallet tools. The best that I have found–at least as a Mac user–is a tool called the Exodus Cryptocurrency Wallet Tool. I’m presently using Exodus version 1.41.0. It is great because it gives you a an instant view of all of your crypto wallets (Bitcoin, Ethereum, et cetera.) It provides a very friendly interface for making payments, receiving payments, and transferring balances. And, speaking of transferring balances, I predict that a new financial industry will soon blossom: cryptocurrency arbitrage. Some clever Crypto Arbs will be hugely successful. Likewise, I anticipate that cryptocurrency experts who specialize in wallet and passphrase recovery will be in great demand.
