Gold: The Anti-Bubble
Gold is not a risk asset, it is an insurance policy, and the gold mining industry will one day leverage that characteristic Just as a standard financial insurance policy is…
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August 25, 2023
The 2 Horsemen
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor…
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November 11, 2019
Barometers to the Everything Bubble
Anthony Sanders has one of his short and entertaining posts (the Fed is a 97 lb. weakling, you know) about the Everything Bubble (@Biiwii)... Mother Of All Bubbles (MOAB) And…
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September 17, 2018
Potential Pivots Upcoming for Stocks and Gold
Prologue: This is a bearish article written by someone who covered his short (bearish) positions today (except for the euro) and has only long positions now, in precious metals and…
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August 11, 2017
Gold’s “Bearish Bulls” Addressed, Now What?
[as to the article's title, I don't have a firm, paint-by-numbers answer, but I surely do have strategy... ] An NFTRH subscriber named Joe, who is a former fund guy…
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June 9, 2017
FOMC: Not Enough Inflation, Folks
Not enough inflation. That's what the Fed is saying yet again. FOMC Statement "Inflation has continued to run below the Committee's 2 percent longer-run objective, partly reflecting earlier declines in…
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September 21, 2016
A Joyless Bull Market?
What, are you kidding me? I mean, sure, it's a pain in the ass listening to Bullard this, Yellen that, Rosengren this, Fisher that, Fischer this, Evans that... What ever…
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August 31, 2016
Dear Fed: Just Asking for Consistency
As anticipated, August was a month full of Fed jawboning because it was a month without an FOMC meeting. I knew they would fill the void with an expectations management…
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August 31, 2016
Jawbones on Parade!
Okay, this is beyond what even I thought possible when noting in NFTRH 406 (ref. this post: A Treasure Trove of Nuggets From the MSM)... “Yes yes, I know the…
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August 16, 2016
QE; the Beat Goes On
The BoE, in battling the fallout from Brexit (a decelerating economy), has dropped rates to .25%. Bond markets cheer, with US yields dropping (bonds up) and global bonds rising. From…
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August 4, 2016
Wonderland
“If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn't. And contrary wise, what is,…
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July 11, 2016
NFTRH 398 Out Now
45 pages and not nearly as difficult to get through as that sounds. Things seem very clear to me about what is going on with the macro backdrop. The May…
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June 5, 2016
“A Historic Bull Market”
The US is in the midst of one (Bloomberg) It's another piece talking about this "most hated bull market of all time". So many bull wiseguys highlight this while soft…
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April 28, 2016