Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. Today’s focus is on derivatives counterparty risk.
Precious Metals:
We’ll start with this from Andrew Hecht at Seeking Alpha: Precious Metals in the Final Month of 2017
David Morgan: What drives the Silver Price — Supply or Demand?
“APMEX just sent out an email indicating that they are now accepting payment for precious metals in Bitcoin.”
Stock Markets:
Kirk Spano: Let The Stock Market Bubble Blow
Commodities:
Lithium Giant Eyes New Project to Tackle Electric-Car Boom
Steel stocks surges Commerce Dept.’s antidumping ruling on steel from Vietnam
Economy and Finance:
National Bank of Canada’s Monthly Economic Monitor
Tax Plan Aims to Slay a Reagan Target: The Government Beast
Derivatives (Derivatives Counterparty Risk):
Michael Snyder: Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives. JWR Adds: I’ve been warning about a coming derivatives implosion, for many years. The derivatives counterparty risk is now greater than ever. Be ready for huge economic dislocation when the derivatives markets tumble. Watch credit derivatives, in particular. That is where there is is the greatest risk of sudden calamity. That could spread far beyond the credit markets.
Troubling Trends:
Five Cyber Security Trends to Expect in 2018
Tangibles Investing:
Fine art to topple fine wine in 2017 luxury investment league. My Inner Contrarian is shouting: “Forget fine art. Buy Guns!” Presently, many guns and gun parts are selling at bargain basement prices. So… “Buy low, and sell high.”
News Tips:
These are often especially relevant, because they come from folks who particularly watch individual markets. And due to their diligence and focus, we benefit from fresh “on target” investing news. We often “get the scoop” on economic and investing news that is probably ignored (or reported late) by mainstream American news outlets. Thanks!
