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TOP 6 PRIMARY SILVER MINERS STOCK ANALYSIS AUG 19th: Providing Better Understanding Of Stock ValuesAugust 19, 2021
In the top 6 primary silver miners video presentation, I share my unique analysis to better understand the stock valuations of these companies. While many analysts in the precious metals community provide only bullish outlooks for the mining stocks, we must realize there are fair values and speculative cycles...
The dollar slipped from 4-1/2-month highs to trade little changed on Wednesday after minutes of last month's Federal Reserve meeting suggested there was no consensus about the timing of a tapering of its asset purchases under the U.S. central bank's quantitative easing program.
With the Fed's reverse repo facility hitting a new all time high today, rising to a record $1.116 trillion among 82 counterparties...
Yes, Fed Chair Powell gave written testimony before the US Senate Banking Committee. He left out one important bit of information: US banks have $168.2 TRILLION in derivative exposure. It could be that Chairman Powell had other things on his mind, like reverse repos over $1 trillion and a $8.26 trillion balance sheet.
Generations of punters have learned the hard way that their unwary greed is the tool the 'Smart Money' uses to separate them from their cash and capital.
Dow Falls for a Second Day As the Fed Discusses Reducing Stimulus This YearAug 18, 2021 - 11:41:19 PDT
Major U.S. stock indexes slipped slightly on Wednesday as investors digested the Fed's latest meeting minutes and talks about reducing stimulus.
Fed Bullard: Misreading Inflation Could Require “Very Disruptive” Rate HikesAug 18, 2021 - 11:32:36 PDT
If the Federal Reserve misreads the strength of future inflation in order to delay tightening monetary policy now it could require "very disruptive" and swift changes in policy down the road, St. Louis Federal Reserve president James Bullard said Wednesday.
The Federal Reserve on Wednesday released the minutes from its July 27-28 meeting. ederal Reserve officials at their July gathering made plans to pull back the pace of their monthly bond purchases likely before the end of the year, meeting minutes released Wednesday indicated.
There’s an invisible war being waged in the financial markets every day. Tremendously deep-pocketed and politically-connected players use Big Data, dark exchanges and microsecond trading advantages to exploit daily trading activity. Their actions make investing risker and more costly for everyone else -- but not only can’t we see it, it’s often cloaked deceptively as innovation that's “good for the consumer”.
This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock data at the Comex. This is different than the delivery countdown that looks to see how many contracts will stand for delivery each month. Instead, it shows the physical movement of metal into and out of Comex vaults.
An outbreak of bad news is spurring cautious investors to double down on cross-asset hedges as risk markets hold near record levels, while currency traders move into havens.
Did The NY Fed Confiscate $1.3 Billion In Afghan Gold: Striking Revalations From Afghanistan's Central Bank ChiefAug 18, 2021 - 09:10:18 PDT
Conveniently, overnight Reuters provided a handy breakdown of the international reserves owned by the DAB (as the Afghani central bank is called). The most recent financial statement posted online shows DAB holds total assets of about $10 billion, including $1.3 billion-worth of gold reserves and $362 million in foreign currency cash reserves,...
Janet Yellen Gets a Chance to Shape the Fed, This Time From Outside: NYTAug 18, 2021 - 09:08:20 PDT
As Jerome H. Powell nears the end of his term as Federal Reserve chair, Ms. Yellen will have a say over whether he should stay on. Many progressive Democrats want him replaced.
When U.S. Federal Reserve officials head to their annual mountain retreat next week to talk economic inequality, they’ll be sitting in the country’s wealthiest county.
Soaring Cost of Food Is Forcing Families to Scrimp at the Dinner Table: BloombergAug 18, 2021 - 08:02:11 PDT
Inflation is slamming the freezer shut and leading households around the world to make sacrifices.
One-Third of American Families Couldn’t Cover a $2,000 Emergency Before the PandemicAug 18, 2021 - 07:59:47 PDT
Roughly 27% of American families couldn’t cover an unexpected $2,000 expense within a month, and 33% were struggling to make ends meet in January 2020.
Personal data, including social security numbers and driver's license information, of more than 40 million former and prospective customers was stolen.
Aug 18, 2021 - 07:54:21 PDT
Federal Reserve policymaker Neel Kashkari slammed cryptocurrencies as "garbage" coins late Tuesday and was scornful of the idea that he can create a token of his own and name it "neelcoin."
The Federal Reserve has pumped trillions of dollars into the economy through its quantitative easing programs. This has generated a surge of inflation. But there are other less obvious impacts from the Fed's extraordinary monetary policy. It conceals risk. Everybody sees a "booming" economy and assumes everything is fine. But underneath, the entire thing is rotting from the inside.
GDP for Q2 came in far below expectation at an annualized rate of 6.5%. But despite being a big miss, 6.5% growth is still pretty solid — until you consider what it took to buy that growth.As economist Daniele Lacalle pointed out, the Fed and the US government rolled out the biggest fiscal and monetary policy in history. All we got from it was a momentary sugar high.