Let’s say that you and several other shareholders owned a large building and you had reason to believe that its structure were faulty. Possibly you’d not maintained the building properly and you now realized that, if it were to fall down, you’d be liable for any damage caused.
Trade and tariff impacts combined with ongoing tensions in the Middle East to continue rattling markets this week. Technology stocks in particular struggled as earnings season begins to wind down. Several big tech names, like Apple, and Alphabet (formerly Google) either missed on their earnings expectations or announced things during their conference calls that spooked investors.
Whenever a movie has been a huge hit, the film industry tries to follow it up by doing a sequel. The sequel is almost invariably far more costly, as there’s the anticipation by those who create it that it will be an even bigger blockbuster than the original.
The release of the Non-Farm Payrolls report for September was eagerly awaited this week after the Federal Reserve’s latest rate hike last week. Italy’s continued budgetary problems triggered multiple rounds of uncertainty for markets this week in addition to the ongoing global trade frictions.
I recently had the opportunity to sit down for my annual discussion with esteemed writer and expert on the topic of internationalization, Jeff Thomas.
The continual drubbing of the silver price has pushed a number of the metal’s valuation metrics to extreme levels. As you’ll see, conditions have gotten so overdone to the downside that a simple return to historical norms would result in a substantial rise in price; in the past, betting on silver under similar conditions as we find now has proven as powerful and predictable as the tide coming in.
I’ve been watching this metric all year. And when gold and silver took their recent tumble I checked it again.
I found what I thought I would. Gold and silver prices, adjusted for inflation from a more accurate measure than the CPI, are now cheaper than when they became legal to own again in the United States.
If you want or need to add more bullion, right now offers the best opportunity in 10 years to do so on the cheap. Both metals prices and purchase premiums are on the deep discount rack. We rarely get both at the same time…
Geopolitical and global macroeconomic issues continued to cause surges of uncertainty in markets this week as Turkey’s currency crisis continued to escalate. Stocks continued to show signs of choppy, emotional trading with the Dow Jones Industrial Average swinging back and forth, seemingly on each new media headline.
In the 1930’s, the farm population in the US was nearly 25% of the total and it was quite common for farmers to borrow from the bank (using their farms as collateral) in the expectation that the proceeds from their annual crop would pay off the note each year.