Wednesday, May 31, 2023
HomeSurvivalThe recent record-setting auction price for General Grant's revolvers.

The recent record-setting auction price for General Grant’s revolvers.


Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the recent record-setting auction price for General Grant’s revolvers. (See the Tangibles Investing section.)

Precious Metals:

Mike Savage: Inflation, Deflation…Or Both?

o  o  o

If gold is not the best inflation hedge, then what is? Nancy Davis.

Economy & Finance:

At Zero Hedge: “Build Blackouts Better”: Half Of America Faces Power Blackouts This Summer, Regulator Warns. JWR’s Comment: This serves as confirmation that one of the best places to live is in a power exporting region, such as the Inland Northwest.

o  o  o

Over at Sovereign Man, Fighting inflation… with price controls. It’s genius!

o  o  o

Pandemic shipping delays cause excess inventory at Walmart, Costco, Target.

Commodities:

At Bloomberg: Commodities Will Be the Next Market to Succumb.

o  o  o

Are Global Commodity Markets About to Make a Top?

o  o  o

And over at OilPrice News:

Inflation Watch:

Peter suggested this WSJ article: 15 Ways Consumers Can Deal With—and Even Benefit From—Rising. Inflation.

o  o  o

JPMorgan Sees Gas Prices Hitting $6.20 By August.

o  o  o

McAlvany: Inflation Dragon Now Too Big To Hide.

Forex & Cryptos:

FOREX-Dollar rises as Fed minutes confirm near-term rate hike expectations.

o  o  o

Unscheduled Policy Review in Russia Leads to Another Three Percentage Point Interest Rate Cut.

o  o  o

Ethereum Slips, What Are The Next Vital Trading Levels For The Coin?

o  o  o

Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May.

Tangibles Investing:

Ulysses S. Grant’s Remington Revolvers Sold for More Than $5.17 Million. Here is the article’s introduction:

“General Ulysses S. Grant’s Remington Revolvers sold for more than $5.17 million at the three-day Rock Island Auction Company’s Premier Auction. The event ran May 13-15 and achieved $28.2 million, the second-best total in company history.”

o  o  o

New car sales forecast to plummet 20.9% in May, as supply remains low.

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. And it need not be only about commodities and precious metals. Thanks!



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe to our newsletter!

- Advertisment -

Most Popular

- Advertisment -