But this time The Fed is hiking rates? Just remember, this is all 'transitory' and due to unlimited phone plan!!??
The Fed's balance sheet, it may be interested to know that approximately 40%, or $838 billion as of the latest weekly data, in reserves parked at the Fed belongs to foreign banks.
Retailers were already skeptical about letting customers pay with bitcoin before the cryptocurrency’s price underwent an astronomical rally this year. That rapid surge hasn’t made them any more accepting. In fact, it may have done the opposite.
The People's Bank of China injected CNY100 billion in seven-day reverse repos via open-market operations Friday,......
Yellen would not comment specifically on what actions the Fed will take, but she also was critical of the bank's actions.
What will the next financial meltdown look like to the man on the street? Market analyst Lynette Zang predicts, “The BIS showed how they would bail in the banks over […]
WHY would the CEO of the CME state this on live TV?? Is it because he now expects much higher metals prices in the months ahead and he wants to […]
During a recent podcast, Peter Schiff explained that rising interest rates aren't necessarily bad for gold. He also talked about how weakness in the Japanese yen might put some downward pressure on the price of gold in the short-term, but eventually, it's going to be good for the yellow metal.Peter hit on that themes again in an interview on RT's Boom Bust, saying he thinks gold is going to be the last safe haven standing.
Federal Reserve chair Janet Yellen spoke to Congress yesterday. She talked. But she didn't say a whole lot.Most analysts seemed to view Yellen's speech as "more dovish." She expressed concerned that inflation my not be rising fast enough to meet the mythical 2% target, and that could slow the pace of rate hikes.It’s premature to reach the judgment that we’re not on the path to 2% inflation over the next couple of years. We’re watching this very closely and stand ready to adjust our policy if it appears the inflation undershoot will be persistent.”
The economy has been stagnant, is stagnating and will continue to stagnate.
With similar recently launched London gold futures from CME Group and ICE not having taken off, all eyes will be on these LMEprecious products to see if they can go […]
The analysis that low rates justify higher valuations clearly does not withstand the test of history.
It should be just enough for the Bank of Canada's Stephen Poloz to cut them again when things start to get tough, and the 2.8% growth vanishes just as quickly as it was envisioned.
In 1980, the Financial Deep State realized that there existed an extraordinary opportunity for serial plunder and profiteering: the manipulation of the gold and silver markets. They immediately mobilized to […]
These pressures are spreading at a rate that could be considered endemic around the world by next year.
The latest chapter in the War on Cash. In the U.S., it is going after spending categories, such as parking and rent, that have been entrenched in cash and check payments for decades.
In other words, investors have waited nearly two decades and STILL haven’t recovered their losses from the dot-com bubble.
Mike Maloney and Jeff Clark explain why you need to understand the yield curve – the plot of expected interest payouts of bonds – and what it tells you about the overall health of the markets. You’ll learn how to read the yield curve and how it can show you when we are most likely to see a stock market correction, or worse, a crash.
It's nearly a decade since the Great Recession, yet its effects linger for many.
...will be enough to get economic growth to 3%The Fed chair doesn't share the same enthusiasm as the Trump administration about the economy.