First they came for the gold stocks…

First they came for the gold stocks… Then they came for resource rich, emerging economies… Then they came for commodities… What’s next? Will the Teflon Don (AKA the S&P 500) escape unscathed this time, unlike Q4 2008? This is the circle of life in the age of Inflation onDemand, which in my book began in 2001. When inflation expectations rang alarms back in March I … Continue reading First they came for the gold stocks…

fomc

FOMC: Here’s the Munny line…

Fed talks taper “Looking ahead, most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year,” the minutes stated, adding that the economy had reached its goal on inflation and was “close to being satisfied” with the progress of job growth. However, committee members … Continue reading FOMC: Here’s the Munny line…

NFTRH; Market signals falling into place, short-term (w/ gold stock side note)

As you know, I have had a bit of a mental whipsaw between the right side shoulder of the (monthly) 30yr yield Continuum (one indicator of inflation) and the duo of the rising Gold/Silver ratio (GSR) and USD (indicators of liquidity contraction). The question is for all the macro marbles, so to speak. The theory being that if/when the inflationary mindset (expectations) and reality resumes … Continue reading NFTRH; Market signals falling into place, short-term (w/ gold stock side note)