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Friday, February 11, 2022

3/11/22 Report - Maybe Bigger Surf Next Week. Precious Metals and Rare Coin Markets Doing Well. Losing Democracy.

 

Written by the Treasureguide for the exclusive use of the Treasure Beaches Report.


Source: MagicSeaWeed.com.

Looks like next week we could get a bigger surf, but I wouldn't count on it.  Although it seems they have improved the prediction model, and the long-term surf predictions are more accurate than they were some years ago, it is not rare for a predicted bigger surf to not be quite as big as predicted earlier.  .

Next week, the tides, another important factor, will be bigger than they are now, which is pretty flat.  The tides next week will still not be big.

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Precious metals [prices] changed little Thursday with modest increases for gold, silver and platinum and a less than 1% loss for palladium. Gains in gold and silver were their fifth in row, and their eighth in nine sessions. The two scored fresh, more than two-week highs.

Gold for April delivery edged 80 cents, or 0.04%, higher to finish at $1,837.40 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was gold’s best since Jan. 25.

Here is that link.

Gold and Silver Log 8th Gains in 9 Sessions as Inflation Surges | CoinNews

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The rare coin market in early 2022 continues to soar following a record-breaking marketplace in 2021. However, veteran dealers in the Professional Numismatists Guild (www.PNGdealers.org) urge collectors and investors to be cautious about the continuing proliferation of fraudulent, online advertisements selling counterfeit coins and fake gold, silver, and platinum bullion items or grossly overpriced genuine gold and silver coins...

Here is that link.

PNG Experts: Rare Coin Market Soaring But Use Caution | CoinNews

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Every day the US is becoming more like one of the worst nations in the world.

(Bloomberg) -- The percentage of the world’s population living under some sort of democracy tumbled last year to 45.7% from 49.4% a year earlier according to the Economist Intelligence Unit’s Democracy Index 2021. Of the 167 territories surveyed, just 21 were deemed to be full democracies, representing 6.4% of the world’s population, while 53 fell into the “flawed democracies” category. Topping

Of the 167 territories surveyed, just 21 were deemed to be full democracies, representing 6.4% of the world’s population, while 53 fell into the “flawed democracies” category. Topping the list were Norway, New Zealand and Finland, while the U.K. ranked 18th. The U.S., which was given a flawed democracy classification, fell one spot to number 26. Afghanistan and Myanmar took the bottom two spots,

Topping the list were Norway, New Zealand and Finland, while the U.K. ranked 18th. The U.S., which was given a flawed democracy classification, fell one spot to number 26. Afghanistan and Myanmar took the bottom two spots, just below North Korea...

Read more at: https://www.bloombergquint.com/politics/these-are-the-world-s-most-and-least-democratic-countries

And that comes from Bloomberg, which is very close with China.

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Happy hunting,

Treasureguide@comcast.net