The headline industrial metal, Copper, in relation to the precious metal, Gold, has been rising for a year now. You, I and Captain Obvious know
Tag: fed
Herd, Not Herd
The reflated raft of assets floats one way, gold the other It’s simple. Everything is herding in the northerly direction at the behest of the
Worthwhile Interview [w/ edit]
Kitco interview with Dan Oliver [edit] He also makes note of the tanking velocity of money and dismisses it as the product of inputs that
The Market is Playing In Tune
Indicators and policymakers are on the same page The market is in tune if you can tune out the crazy goings on in AMC, GME,
My Friends [w/ edit]
[edit] With his permission I include a picture of one of my buddies texted to the group, obviously not overly pleased with a certain restriction.
Central Banks Don’t Understand “the Way the World Works”
Way back in 2004 (boy, how the years fly by) I wrote this article, one of first few I’d written. Deflation: A Manufacturer’s View I
Sometimes I crack myself up…
Mr. Powell, with respect to asset purchases just said “we can do various things; make it smaller, make it larger…” That gave me a good
Fed Rules Out Yield Curve Control (for now)
That we are even having this conversation is proof that we are and have been in… …Wonderland for years now. Since at least 2001, actually.
NFTRH+; Fed & Trump Admin: Keep Dancing!
Insofar as we participate in financial markets the Fed’s message is simple: Keep dancing! The moment the relief rally took its first hard pullback last
Blame the Evil Empire
A subscriber asked my thoughts on this article at Zero Hedge. The Fed Has Monetized All Treasury Issuance In 2020 From the article… “We are
The Sordid (pictorial) Story of the “Richest Country in the World”
Steve Saville’s excellent post The monetary inflation moonshot (including the graph directly below) prompted me to go to the St. Louis Fed website and check
A Companion to the Continuum
The data sets at Yardeni.com are fabulous. You should keep it on watch and rummage through when you have spare time if you want to
Saville: De Facto MMT
He’s one of the smart ones, without any of the promotional stink stuck to 90-something % of the financial media, large or small. Check out
QE up, Yield Curve down
While we await the final details of the fiscal policy panic from government, the Fed announced unlimited QE in its monetary policy panic. I am