NFTRH+; Lithium ETF
A piece at 321gold.com by the man who "was way ahead of my time in forecasting the rebound in Lithium and Graphite" prompted me to look at old friend LIT,…
A piece at 321gold.com by the man who "was way ahead of my time in forecasting the rebound in Lithium and Graphite" prompted me to look at old friend LIT,…
With NFTRH 290’s 29 pages, we did not get to the gold macro fundamentals segment this week. So I want to put up a brief update to go over a few charts.
Zero Interest Rate Policy (ZIRP) was instigated by a credit induced collapse of the US financial system and perpetuated in December of 2008 by desperate financial policy makers as a fix to problems they created in the first place.
In reality, it is simply an epic distortion of normal economic signals that cleaned up the mess created by previous policy distortions (like the commercial credit bubble of the Greenspan era) by systematically (5+ years and running) main lining new distortions into the system.
So in addition to this picture, which could one day hang in a monetary museum with the title ‘Grandma and Her Savings Account Bail Out Wealthy Asset Owners’, let’s take a walk down memory lane and marvel at some other pictures created by this policy…
Note: To keep unwanted clutter out of the in-boxes of those not interested in trade ideas NFTRH+ updates are no longer being emailed. They are posted at the site and accessible using the password for the current week. On Monday an NFTRH+ idea was presented for the NDX.
*Note, I am going to post NFTRH+ dry runs at the site using the password for the week, but will not send a direct email, so as not to clutter the in boxes of those who are not interested.
A post was made at the site with thoughts about any Ukraine inspired bullishness in the precious metals. You know my stance by now. I don't like it. In light…