While the metal languishes, the charts of the miners show promise.
The Fed keeps imagineering money into existence, right on schedule. But t’ain’t buying what it used ta.
With QE New the Fed has the tools and the power to push money rates down, and it is succeeding. But it’s not succeeding in…
Actually there are several lines where both the bears and bulls can hang their hats, but one in particular that favors the bears. Technical Trader…
Today’s Fed POMO was small, but TOMO went through the roof.
It’s the same old “rescue the dealers and bankers, enrich the hedgies, and screw the little guy,” all the time.
The Fed is expanding its de facto Standing Repo Facility.
Notice the words, “at least.”
Nothing to see here. Move along.
Are bank regulations really behind the repo market problems? That’s what bankers and their hired mouthpieces are saying. But it’s absolute BS, of course. Here’s the real issue.
But they could come up dry if gold doesn’t do this.
It’s official. QE New has reversed 5 months of previous Fed balance sheet normalization. Here’s what the “new normal” means for your investments. It might not be what you think.