Daily Archives: October 2, 2013

NFTRH Interim Updates

NFTRH Update, Precious Metals

Yesterday’s noted hints with the silver-gold and HUI-gold ratios look like they will manifest in some kind of bounce in the precious metals at today’s open.  At the very least, the good news is that the precious metals are firmly counter cyclical, as the stock market is under pressure due to a weak ADP employment report.  Interestingly and logically, gold got crushed yesterday along with the strong ISM, although so too did many cyclical commodities.

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October 2, 2013
Notable Public Posts

Outer Limits of Monetary Policy and Inflation

The ISM has once again expanded.  Policy is working, so please Dear Mr. Bernanke, begin to withdraw not only a token amount of Treasury bond asset buying in October; make a real statement for the ‘organic’ economy.  Pull all T bond purchases and stop buying some MBS to boot.  You’ll not only help the Fed’s balance sheet by doing so, you’ll also send a clear message to the people that you have confidence in the natural economy to build on its momentum.

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October 2, 2013