Read more about the article Guess Who’s Buying (gold) – Macro Tourist

Guess Who’s Buying (gold) – Macro Tourist

Kevin Muir wants you to guess who's buying gold. If you guessed global central banks you'd be correct. The caveat as we've noted over the years, for every buyer there…

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bond yields

Post-Brainard, Yields and Yield Dynamics

Let's take a stroll through the interest rate situation, using daily charts instead of the usual bigger picture weeklies a day after Lael Brainard schooled us about the "new normal"…

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El-Erian on Central Bank Ammo

Mohamed El-Erian gives a good review of the recent history of Central Bankers' descent down the rabbit hole of unconventional monetary policies.  A calm, rational man well worth a listen…

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alice

The Draghi Down the Rabbit Hole

It is beyond me how conventional market participants can continue to play this game without having already completely lost confidence in the Central Bankers of the developed world, save for…

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