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Former U.S. Treasury Secretary Lawrence Summers said the Federal Reserve’s massive bond-buying program is resulting in a “bizarre” situation in which the government’s funding structure is overly focused on the short-term.Under its quantitative easing program, the Fed purchases longer-term Treasuries and the money it creates to buy them ends up in the...
Severe Drought Could Threaten Power Supply in West for Years to Come: WSJAug 16, 2021 - 05:25:38 PDT
Water elevation at the Hoover Dam is at its lowest since Lake Mead was first filled.
The $3.5tn price ticket on the Biden administration’s finances plan has ignited contemporary debate in Washington in regards to the potential inflationary
To the surprise of many new Medicare beneficiaries, the program has some holes and is far from free.
Retailers Begin Reporting This Week, but the Delta Variant Is a Big Wild CardAug 16, 2021 - 05:17:52 PDT
Big retailers get their time to shine as they report earnings this week. The question is whether they can maintain momentum through the rest of 2021.
World leaders have expressed concern at the chaotic scenes coming from Kabul, Afghanistan, with the Taliban now effectively taking control of the country.
Dow Futures Fall More Than 100 Points To Start the Week As China’s Economic Growth SlowsAug 16, 2021 - 05:15:37 PDT
Futures contracts tied to the major U.S. stock indexes slipped on Monday after data showed Chinese economic growth slowing more than expected.
The Wall Street Journal proves it doesn't understand gold, in an article that compares it to stocks and bonds rather than other forms of money.
Crypto Market Tops $2 Trillion for the First Time in Nearly 3 Months As Bitcoin RalliesAug 16, 2021 - 05:12:27 PDT
Bitcoin topped $48,000 over the weekend, its highest level since mid-May, but pared some of those gains on Monday.
There’s Growing Support Within the Fed To Announce the Tapering of Bond Purchases in SeptemberAug 16, 2021 - 05:10:57 PDT
Interviews with officials along with their public comments show growing support for a faster taper timeline than markets had expected a month ago.
U.S. Treasury yields fell on Monday morning, with investor focus on minutes from the Federal Reserve's latest meeting, due to be published on Wednesday.
NEW U.S. MINT UPDATE: Gold & Silver Eagle Sales Continue To Be Super-Strong In AugustAugust 16, 2021
With the newest U.S. Mint update today, Gold & Silver Eagles sales continue to be quite strong as investors take advantage of lower premiums. Since the end of last week, the U.S. Mint has sold another 668,000 Silver Eagles. Already, Silver and Gold Eagle sales surpass the total last year by a wide margin...
GOLD & SILVER UPDATE AUG 15th: What's Driving The Metal's Prices & Bullish Signal AheadAugust 15, 2021
In this newest Gold & Silver Update, I provide data showing what factors have changed more recently to drive the prices of the precious metals. Also, both gold and silver charts are showing a Bullish Signal ahead. Yes, something interesting has changed in both Global Gold and Silver Demand compared to a decade ago...
In this video, I discuss are Gold and Silver being manipulated, or is it something else? With our internet service now back on, it's great to be back providing content for the subscribers. With the gold and silver price experiencing large declines in the past week, many in the precious metals community...
Gold rose more than 1% on Friday as a retreat in the dollar enticed investors to snap up the bullion following its recent sell-off.
Equities and assets have significantly increased over the past year, but this run could be on the first leg, and gold might just emerge as one of the biggest winners
Gold’s recent mini-crash doesn’t change the long-term picture… Why the conventional wisdom is wrong…
50 Years After Nixon Ended The Gold Standard One Bank Asks "Can We Continue To Do This?"Aug 13, 2021 - 12:50:59 PDT
As discussed below, Nixon's decision would lead to monumental consequences for not just the US but the entire world.
Treasury yields are rising amid optimism over the global recovery but there has been a run on Eurodollar options betting the Federal Reserve will opt not to raise interest rates at all.Traders this week have been busy snapping up Eurodollar call options on underlying March 2025 futures that target three-month Libor to fix below 0.5%.
Do you worry at all about the future?
If so, I can pretty much guarantee that no matter how concerned your outlook is, it’s still brightly sunny compared to longtime contrarian macro analyst Dr. Marc Faber, editor and publisher of the Gloom Doom Boom report.
Marc is well-known for the international scope of his investment view, his skepticism of central planners, and his bold and often contrarian predictions.