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Gold Settles at 9-Month Low as Powell’s Comments Help Strengthen the Dollar, Bond YieldsMar 4, 2021 - 13:14:11 PST
Gold futures decline Thursday, with bullion settling at its lowest in nine months, amid a weekly rise in the U.S. dollar and U.S. Treasury yields holding...
Join Mike Maloney, Jeff Clark and Adam Taggart as they discuss the most recent events in silver. You’ll hear news on a new book, see a chart that proves silver is manipulated, and one of the guests will be ‘honked’ for referring to currency as money….who will it be?
At the close of business on Monday March 1st, just a few days ago, the US national debt crossed $28 trillion for the first time in history. To the penny, in fact, the national debt hit $28,004,376,276…
Says we are committed to staying on playing field with our tools until 'job is really done'...
The cost of borrowing U.S. Treasuries in the overnight repurchase agreement, or repo market, went negative on Thursday caused by the recent sell-off in rates, traders said.
Here's Why Inflation Is Kryptonite for Bonds as Powell's Comments Rock MarketsMar 4, 2021 - 11:54:16 PST
Powell said the recent leap in yields was “notable and caught my eye,” but didn’t sound any alarm. Instead, he said he would be concerned only by “disorderly conditions” in the market, which he did not indicate to be case even though yields are at the highest levels since before the pandemic began.
While the moratorium technically doesn’t apply to every residential tenant, qualifying for it is relatively easy. According to the National Low Income Housing Coalition, a tenant needs to give the landlord a written declaration, subject to the penalty of perjury, that affirms:
Amazon Fresh uses the same technology pioneered by the tech giant's Amazon Go stores in the U.S.
The Expanded Permanent $3,000 Child Tax Credit Would Help 10 Million Kids Living in PovertyMar 4, 2021 - 11:39:53 PST
Democrats push to make $3,000 child tax credit permanent as new research shows expanded credit lifts 10 million children above or closer to the poverty line.
The mutually reinforcing crises aren't in the future, they're here now, and Jay Powell's shuck-and-jive has lost its magical powers to cloak the rot with speculative bubbles.
Democrats revised their $1.9 trillion Covid "American Rescue Plan of 2021". Let's investigate the details.
When there are suddenly second thoughts in this market powered by so much blind and crazy exuberance, the entire foundation begins to wobble.
Mall Owner Washington Prime Reportedly Preparing to File for Bankruptcy ProtectionMar 4, 2021 - 10:57:29 PST
Last month, Washington Prime skipped a $23 million interest payment and said it would be entering a 30-day grace period to continue negotiations with lenders.
The waterfall decline of bond yields (and interest rates) has been met with an equally steep rally. In fact, the 10-Year US Treasury bond yield is up 131% in 45 weeks, making it the biggest rally in 50 years! See the chart
No technology or government mandate can change the fact that gold and silver have universally recognized, inflation-resistant value.
Fed Chairman Powell Says Economic Reopening Could Cause Inflation to Pick up TemporarilyMar 4, 2021 - 09:47:53 PST
The Fed currently is buying $120 billion a month in Treasurys and mortgage-backed securities. Recent market chatter has revolved around the central bank potentially implementing a new version of “Operation Twist,” in which it sells short-term notes and buys longer-dated bonds.
Will he or won't he? The bond and stock markets are definitely calling Jay Powell's bluff ahead of his speech as chatter of The Fed "losing control" of the yield curve and the potential disaster of the expiration of SLR exemption have the Fed Chair cornered into, at minimum, hinting at one and/or the other during today's virtual event...
Jim Grant of Grant's Interest Rate Observer recently made an appearance on WealthTrack with Conseulo Mack to talk "Financial Bubbles of Historic Proportions". Grant covered numerous topics on the macroeconomic picture.
With the Q4 GDP Second Estimate and the February close data, we now have an updated look at the popular "Buffett Indicator" -- the ratio of corporate equities to GDP. The current reading is 189.5%, up from 176.6% the previous quarter.
Mar 4, 2021 - 08:21:39 PST
Gold is your indicator for yield curve control and real interest rates. Speculative equities and those valued at nosebleed multiples of even the steadiest of free cash flow yields could be another.