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The Fed Is a Laggard, Now Discussing When and How To Taper QE. The ECB Is an Even Bigger LaggardJul 7, 2021 - 08:11:39 PDT
Bank of Japan Stops QE, Reserve Bank of Australia Starts Tapering, Bank of Canada & Bank of England Already Tapering, Amid Shock-and-Awe Rate Hikes in Emerging Markets
Falling yields are hinting at a slowing economy. Housing is starting to really decelerate, especially high end homes.
Consumer sentiment on prices and the yield on the long bond are headed in opposite directions. Let's discuss why.
If Americans only understood the corruption surrounding money, and the enormous greed in the financial sector of the American economy, they would understand how money is being stolen from them and other Americans not just by sleight of hand, but also by out-in-the-open greed. The first thing to understand is that, for the most part, the current economy only...
Gold climbed above $1,800 an ounce again as Treasury yields and the dollar fell ahead of the release of Federal Reserve minutes that may bring fresh insight on U.S. monetary policy. European stocks and U.S. futures rebounded Wednesday, after slipping in the wake of weaker-than-expected figures on the American services sector. The yields on 10-year...
The International Monetary Fund on Wednesday said further fiscal support in the United States could fuel inflationary pressures and warned that the risk of a sustained rise in prices could require raising interest rates earlier-than-expected.
Global Stock markets seem to be living the dream, but under the surface there are serious concerns. In Yoorp the ECB makes its power play this week to confirm its place within the political trinity of States, EU and ECB by effectively handing itself control of the fiscal and industrial policy levers that could power up Europe. No one tell the Germans...
Russia's $190 Billion Sovereign Wealth Fund Is Nearly Done Dumping DollarsJul 7, 2021 - 05:40:13 PDT
The sovereign wealth fund's decision is consistent with the Russian Central Bank, which has dumped dollar-denominated reserves in favor of gold.
One of the great market mysteries of the moment is stubbornly low yields on U.S. Treasuries, with the benchmark 10-year now dipping below 1.35%.While bond investors could be implying rather dismal expectations about the outlook for the U.S. economy, the move lower in yields seem extreme to some at a time when economic growth is still expected to run...
Retail investors poured money into markets as equities embarked on a nearly record-run of all-time highs in June. Whether they’ll stick around when volatility inevitably resurfaces remains to be seen.Last month, TD Ameritrade’s Investor Movement Index -- a measure that has tracked clients’ positioning in the market since 2010 -- rose to the highest level on record, according to data released Tuesday.
NASA Is Actively Searching for Intelligent Life in the Universe and Is Looking for Habitable PlanetsJul 7, 2021 - 05:24:48 PDT
Intelligent life may exist elsewhere in the universe, NASA Administrator Bill Nelson said in an interview Tuesday, and NASA is actively searching for signs.
Why Tether, the World’s Third-Biggest Cryptocurrency, Has Got Economists WorriedJul 7, 2021 - 05:23:17 PDT
Some investors believe a loss of confidence in tether could be crypto's "black swan," an unpredictable event that would severely impact the market.
China’s War on Bitcoin Just Hit a New Level With Its Latest Crypto CrackdownJul 7, 2021 - 05:22:28 PDT
China shut down a company suspected of providing software services for crypto transactions, and issued a stern warning about providing other sorts of services.
The 10-year U.S. Treasury yield dipped on Wednesday morning, ahead of the release of the Federal Reserve’s minutes from its latest meeting. The Fed is expected to publish the minutes from its June 15-16 meeting, at 2 p.m. ET on Wednesday.
Mortgage Applications Sink to Their Lowest Level Since Before the Pandemic HitJul 7, 2021 - 05:15:47 PDT
Mortgage applications decreased 1.8% last week, according to the Mortgage Bankers Association’s seasonally adjusted index, falling to the lowest level since the beginning of 2020.
Demand for silver in the production of printed and flexible electronics is expected to increase 54% over the next 10 years according to the lede story in the most recent edition of the Silver Institute’s Silver News.
Treasury Secretary Janet Yellen has conceded that we may well get more inflation than originally expected with all of this government stimulus. But she said if we do end up with higher inflation and higher interest rates, it's a good thing. It will be good for society, and it will be good for the Federal Reserve.Peter Schiff talked about it in this clip from a recent podcast.
NEW SALES FIGURES RELEASED FROM U.S. MINT: Update On Silver-Gold Eagle & Maple Sales 2021July 7, 2021
After nearly three months, the U.S. Mint has finally updated its Silver & Gold Eagle sales. With the U.S. Mint releasing its new Silver & Gold Eagle designs this month, they stopped updating Silver Eagle sales in the middle of April. However, it looks like the U.S. Mint went back and updated June...
Join Mike Maloney and Jeff Clark as they discuss Jeff’s latest Q2 update for gold, along with some very serious developments in the world of inflation. Why is Venezuela chopping six zeros from their currency? Why is the White House posting propaganda about food prices? The writing is on the wall…watch now.
Golden Cross Forms in Gold’s Chart As Precious Metal Rises to Around a 3-Week High: MWJul 6, 2021 - 12:58:06 PDT
Gold futures rose Tuesday, settling near a three-week high amid reports that buying demand for bullion was gathering steam particularly among central banks.Tuesday's gain was sufficient to propel the precious metal toward a golden cross, which occurs when the 50-day moving average crosses above the 200-DMA, widely viewed as a dividing line between longer-term uptrends and downtrends.