(If you enjoy reading my blog please subscribe to The Felder Report via email and follow me on Twitter @jessefelder.) Three months ago I published a short piece titled, “Taking a shine to the gold miners,” and the ETF subsequently jumped a little over twenty percent. Recently, however, it has given back a good chunk […]
Below is a compilation I put together using excerpts from Richard Fisher’s speeches this year (emphasis mine): There is no greater gift to a financial market operator—or anyone, for that matter—than free and abundant money. It reduces the cost of taking risk. But it also burns a hole in the proverbial pocket. It enhances the […]