Will Be Like "Watching Paint Dry" However, we're sure that Yellen, just months away from leaving the sinking ship, will calm all fears during today's press conference...
SD Midweek Update: Gold & Silver were hit hard on Monday. However, this could be all be about to change because there is one thing the Fed has absolutely no […]
The Federal Reserve said a trio of punishing hurricanes were unlikely to reduce the pace of economic growth, and it continued to dismantle its stimulus programs.
Strip an economy of capital, productive incentives, talent and yes, ethics, and what are we left with? An economy spiraling toward an inevitable collapse.
Rob Kirby says gold may become priced in hundredths of a gram instead of per ounce. Rob talks gold, the US dollar, market manipulation and more as he answers listener […]
Let the farce begin. The Fed meets today to discuss whether or not to begin shrinking its balance sheet. The financial media informs us that this is the single most important Fed meeting in years and that its coming announcement is a game-changer. Give me a break. The Fed will NEVER let its balance sheet
Nobel Prize-winning economist Robert Shiller highlights striking characteristics the stock market shares with 1929.
The world’s biggest mutual fund company says it’s surprised by the global economy’s strength this year, but that doesn’t mean it’s more optimistic about the investment outlook.
Today’s the day. After months of preparing financial markets for this news, the Federal Reserve is widely expected to announce that it will finally begin shrinking its $4.5 trillion balance sheet. I…
(Median Prices Up 5.6% YoY) According to the National Association of Realtors, existing home sales YoY were flat at +0.2% growth (while down 1.7% MoM from July to August). Hurricane season isn't helping existing home sales. The median price of existing home sales YoY grew at 5.6%. Existing home sales inventory is still missing as in 1999-2001 levels. Let's see…
(32% Defaulted On or Forebore Their Student Debt) The Student Loan Debt and Housing Report 2017 by the National Association of Realtors and the nonprofit group American Student Assistance shows that student debt delays household formation, home buying, and saving. When 51% have student debt greater than $50,000, it will delay buying a home. And purchasing a car. Any wonder why real estate lending is…
(Try Including Housing!) Just like global central banks, the Bank for International Settlements can't seem to find inflation and $114 trillion in off-balance sheet FX derivatives. ZURICH – Nonfinancial companies and other institutions outside of the U.S., excluding banks, may be sitting on as much as $14 trillion in "missing debt" held off their balance sheets through foreign-exchange…
By continually using stimulus to deal with crises & not letting creative destruction take over, you make a subsequent crisis more likely by passing the problem along to some other part of the global financial system, & usually in bigger size.
The IMF recently announced they had underestimated the global debt problem by an estimated $13-$14 TRILLION dollars of global debt. A simple rounding error?
Here’s How Quickly Your Wealth Can Be Wiped OutIt’s the two greatest drivers of any investment: greed and fear. Greed can drive an investment to bubbly highs. But the ensuing crash—and there’s always a crash after a bubble—can wipe out your gains in a flash, leaving little or no time to react.And that’s the fifth reason why Mike Maloney buys gold and silver: most assets classes are due for a crash—and in response, market psychology will drive gold to dizzying heights.
Today is the day, folks. The consensus is the Fed announces the start of quantitative tightening (QT). History in the making. Draining Liquidity Though monetary tightening officially began in December 2015, this will be the first time the Fed drains liquidity from the financial system in any meaningful amount. That is because of the Orwellian…
So here we go with the latest installment of the Fed’s will they or won’t they show. It seems from reading all the insights that we’re meant to expect a dovishly spun hawkish move.
"We suspect that the central bank will reiterate its dovish stance and likely weaken the dollar in the process,"
Trump tells U.N. General Assembly that North Korean Leader Kim Jong Un "is on a suicide mission" & stressed the world is in a time of peril.