National Debt Clock Ticks Down  to DEFCON 1- Ep 922

National Debt Clock Ticks Down to DEFCON 1- Ep 922

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It’s Not Bad News Until The Fed Says It’s Bad –  Ep. 191

It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191

*  On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever * Because it was going to determine whether the Federal Reserve would raise interest rates...

3 Syys 201631min

It’s Not Bad News Until The Fed Says It’s Bad –  Ep. 191

It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191

*  On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever * Because it was going to determine whether the Federal Reserve would raise interest rates...

3 Syys 201631min

The Fed Up Fix Is In – Ep. 190

The Fed Up Fix Is In – Ep. 190

* The price of gold continues to retreat * Gold was down about $12 today; it closed around $1310 * The dollar index up again as more and more people begin to contemplate the possibility of a rate ...

31 Elo 201644min

Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189

Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189

* Earlier today Janet Yellen delivered her much-anticipated and way over-hyped speech at the annual Jackson Hole Symposium * It wasn't as irrelevant as I thought it was going to be, but the actual r...

27 Elo 201634min

When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188

When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188

* The price of gold fell about $12/oz today; silver prices were down another .28 * Both metals have been falling since recent new yearly highs * Gold, though is not very much below the highs * T...

25 Elo 201629min

Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187

Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187

* The dollar was broadly weaker today with the dollar index closing down .85 to 94.78 * At that time gold was up about $18; sliver up about .25 * Then all of a sudden New York Fed Chairman William...

17 Elo 201634min

Kill The Estate Tax To Save Jobs – Ep. 186

Kill The Estate Tax To Save Jobs – Ep. 186

* Today we got the official numbers for Q2 Non-Farm Productivity and the consensus was that it would increase for the first time in 3 quarters; the prior 2 quarters we saw a decline in productivity ...

10 Elo 201628min

“Strong” Jobs Report More Politics Than Economics – Ep. 185

“Strong” Jobs Report More Politics Than Economics – Ep. 185

* What a difference a week makes, or maybe and economic report * The two big reports that everybody seems to focus on are the GDP numbers and the jobs numbers * It seems that the weaker the econom...

6 Elo 201637min

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