If we can’t stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking...
M2 money supply surged an unprecedented $2.821 TN over the past 16 weeks - to $18.329 TN
The diminishing returns of monetary policy are evident.
Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans.
"So about that V-recovery?"
BlackRock's global chief investment strategist said stocks face second half risks from fading fiscal stimulus and potential election volatility.
It's much harder to predict exactly WHEN the Fed's efforts will end in disaster as easily as it is to predict that they will.
Azar also denied that states reopening prematurely was tied to the spike in coronavirus cases and instead blamed "inappropriate individual behavior" that has spread the virus.
Roughly a quarter of confirmed coronavirus cases are in the U.S., followed by Brazil, Russia and India.
"looks great...we've added to our position"
As markets spent the month “oblivious to economic reality” by recovering from their precipitous falls, the clear winner was the ‘safe haven’, gold...
"...could be a double top for gold here, but we expect that after this small correction ends, gold will move sharply higher again..."
Once Gold price levels break above $1850, the rally to levels above $1900 is almost certain to drive investors into the precious metals markets at a...
In the short-term, we can see a number of headwinds for precious metals and miners, signaling a peak is imminent...
There is still a lot of trading left until month's end...
Industrial metals have seen an impressive recovery in recent weeks. Silver has erased its loss for the year, and copper is looking to recoup the bulk of the...
Still, central-bank stimulus across the globe and low or negative interest rates have been viewed as factors that have been supportive to the buying of precious metals.
As they prepare for inflation to finally pick up.
This is what creeping banana-republic socialism looks like.