Commercial mortgage bonds are getting stuffed with the lowest-quality loans since the financial crisis by one measure, according to Moody’s Investors Service, a warning sign that the $517 billion market may be headed for harder times.
Gold retreated to touch $1292.25, and then clawed back to the previous support level $1293-94. It was $1293.50 bid at 4PM with a loss of $6.
Halfway through 2018, the expert on all things silver in the ground and the expert on all things gold & silver above the ground give a critical update...
Manipulating gold and silver prices is nothing new – and it still happens today. Learn how JPMorgan managed to fraud its way to the largest-ever silver supply.
Danielle Booth consider's wether the Fed can ever return to "normal" monetary policy.
Even excepting the fact that almost 1 in 1,000 Americans is institutionalized, over half are functionally broke, with less than $1,000 in savings.
The number of people not in the labor force increased by another 170K, rising to 95.915 million, a new all time high.
The latest index reading came in at 20.9, down from 21.1 the previous week.
Andrew says the Cartel is desperate to keep gold under this specific price, or else a trillion dollars in derivatives blows today. Here's the details...
Gold
Jun 1, 2018 - 08:24:14 PDT
Interesting Chart
It runs contrary to every sound mathematical and economic principle there is. It devalues risk to a staggering extreme. It is out-and-out life support for enterprise that the free market would have ended quickly and unceremoniously.
On Tuesday, the market tumbled on concerns over Italian debt. (A problem, by the way, I discussed a couple of years ago.) However, on Wednesday, the market reversed course and apparently the crisis was over. Make no mistake, nothing was fixed or resolved, investors just chose to ignore the problem under the belief that
With rising rates, tapped-out consumers, and a refi market that is deader than dead with mortgage rates at five-year highs, where will new buyers and higher prices come from?
The market is in the sidelong-glancing nervous phase right now. Something will spook someone enough that we see a gap-down plunge. Where will it stop, driven by algorithms blindly following? Anyone’s guess.
Gold & silver came under heavy selling pressure pre-BLS Jobs Report, but there may be a reason for that. Here's the details...
Sales of American Eagle gold coins in May increased by 433 percent from April, and were the
highest May sales since 2015, U.S. data showed on Thursday
U.S. consumer spending accelerated in April and inflation continued to rise steadily, underpinning the case for a U.S. interest rate hike this month
Why would you try to place a huge short any other time of day, when mammoth corporate buyback bids prevent stocks from falling sharply?
The BLS reported that in May the US economy created 223K jobs, smashing expectations of 190K, and indeed confirming that Trump may have been on to something.
Analysis: Investors have grown increasingly skeptical that the Fed will raise rates aggressively this year