There’s evidence that gold has shifted into trending mode, so I’ve added a few more mining picks to swing
This is just too weird.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The US is still in the first wave.
The pandemic remains unabated.
Following the crowd would have made you the most money. But now what?
Not only have the billionaire class made money, they have tightened their monopolistic grip on the levers of money supply and distribution, turning a global rigged casino into a global company town.Editor’s note: This is a guest post by my friend …
The Fed committs to digging ever deeper holes.
Where would humankind be if Enlightenment scholars had instead decided that each time they failed to validate an important hypothesis, the answer to said failure and the means to achieve progress was only in clinging to the same theory but restating it with even more conviction and greater emphasis?
Why the big deal about the Fed’s new grand strategy? For one thing, as noted yesterday, there’s that whole lost decade which policymakers finally have acknowledged. They’ve quite a lot of catching up to do, but have waited for the most inopportune moment to…basically do more of the same things that hadn’t accomplished anything other […]