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 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
* 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
* 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
* 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
* 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
* 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
Will The Fed Sacrifice The Recovery Myth To Save The Markets? – Ep.184
* The carnage in global stock and bond markets continues; it really got started last night in Japan * The JGB (Japanese Government Bonds) dropped for the 3rd consecutive day * The biggest 3-day dr...
3 Elo 201632min
