Precious metals are apparently waking up. And here is where you can find the best deals.
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"Can you guys please help me get some of that QE? I'm trying to buy 16 cars, 4 houses, 2 jets and a yacht,"
‘How does this all end?’ It’s a regular subject for guesswork here at the Diary. To see what’s coming, you have to look back on what’s come before.
Bill Gross, the billionaire Janus Capital Group Inc. money manager, criticized Fed Chair Janet Yellen’s suggestion that she could consider further asset purchases as the equivalent of “providing a walker or a wheelchair for an ailing economy.”
Aug 26, 2016 - 10:22:45 PDT
Fed Chair Janet Yellen's speech had an immediate impact on the US Treasury yield curve, It rose, then dropped, ,rose again then declined for a net decline. The 10Y-2Y yield curve slope has been falling gradually since December 31, 2013 (but remains above zero slope thanks to The Fed's rate repression strategy). Note that the…
One proposal is for the Fed to push its policy interest rate into negative territory. The other "neo-Fisher" proposal is for the Fed to raise interest rates as a tool that seeks to raise inflation.
I am now working on the next The Prospects For Asset Prices video. So this will give Macro Watch subscribers a chance to review my forecasts from last year before the new video comes out.
Stocks Plunge, VIX Spikes After "Hawk Cop" Fischer Spoils "Dove Cop" Yellen's PartyAug 26, 2016 - 10:04:27 PDT
"Yellen's comments are consistent with a possible September hike" and that has spoiled the party in stocks, bonds, gold, & the dollar...
Jacob Rothschild, Stanley Druckenmiller, George Soros, along with his associate Crispin Odey, and other billionaire elitists are moving massively into gold. In his recent semi-annual address to RIT shareholders, Rothschild […]
Gold futures extended gains after Federal Reserve Chair Janet Yellen said that while the case for an interest-rate hike has strengthened recently, a gradual increase will be appropriate “over time.”
A 145-ounce Gold nugget has been reportedly found in Victoria, Australia by a prospector & could be worth more than $190,710
Consumer Confidence Slumps As Inflation Expectations Crash To All-Time LowsAug 26, 2016 - 07:41:59 PDT
The "disinflationary mindset" remains as UMIch-reported medium-term inflation expectations plunge back to record lows.
It was revised downwards to an anemic 1.1%. As a reminder, gross private domestic investment fell -9.7% in Q2, the worst reading since 2012. At the same time, core personal consumption growth QoQ rose to 1.8%. With core PCE growing to 1.8% QoQ, we…
"Expensive" US Banks Are Global Outlier As 'Yield Curve' Inverts For First Time Since LehmanAug 26, 2016 - 07:29:23 PDT
Interestingly, the US yield curve is now flat between 12months Libor and 10yr Treasury yield, for the first time since 2008.
No central bank of a developed country equals the Bank of Japan in trying to manipulate the stock market up by buying equities.
The condo bubble has broken in many markets. Even rentals in Miami and other prime markets have begun to decline. In part, the rise in the dollar is now curtailing foreign investment.
With a total debt of almost 250% of GDP, China’s debt problems are well known. Meanwhile, the government is working on resolving the issue by following the
discusses Japan's July CPI data, the Bank of Japan's next move
A Hawkish Yellen Emerges: "The Rate Hike Case Has Strengthened In Recent Months"Aug 26, 2016 - 07:09:12 PDT
As we head into her speech, Gold is rallying, oil is up, bond yields are tumbling, stocks were panic bid and vol dumped.
The results expose the hidden agenda perpetrated by Congress & the Fed. The American middle class is a patsy in a system designed to do exactly what it has done.
When asked what he thinks about bubbles in risk assets, and specifically if the Fed's ultra low rates have caused them, Bullard says "the Fed model has nothing about asset price bubbles, most models don't have anything about that",