Posts Tagged ‘Fed’
Video on Federal Spending
READ THE FULL NEWSLETTER Check out the following YouTube video on Federal spending. See why the deficits can never be eliminated. Very well done. This is one to watch and pass on to your friends. United States Budget Dilemma Monday finished pretty much where it closed on Friday. Gold is still clinging on, above $1,630 and silver [...]
The Result of the Fed Printing Money is Highly Inflationary
READ THE FULL NEWSLETTER Here is the latest "Total PMs Pool" chart updated for the end of the week. It's at another new high in weight. So no matter how much 'da boyz' huff and puff...or how much Charlie Munger tries to put down the precious metals, that's where the money is going. It's only a matter of time before we hit a new high in total [...]
Precious Metal Q&A Rap Session Video
Miles Franklin Ltd. is proud to present a special Webinar event, titled "Precious Metals: Q&A Rap Session," featuring Andy Schectman, President, and "Ranting Andy" Hoffman, Marketing Director. In our February 13th Webinar, "Precious Metals Investing: Myths and Realities," we were swamped with questions, and have thus to hosted an event [...]
All You Really Need to Know About Gold & the Economy
READ THE FULL NEWSLETTER O.K., it’s time to make things simple, to focus on where we are headed, also called “the big picture.” Japan’s economy is in the dumps and has been for two decades. Europe is on the edge of something horrific. The US is hanging on only because the Fed had decided to support the banks and keep the real [...]
Empty Sack
Read Empty Sack and Wrap-up for April 26, 2012. Forget the market machinations utilized to put lipstick on yesterday's FOMC pig, and the MSM's brain-dead "take" on Fed policy. Forget the gold plunges and Dow surges, calls for an "end to QE," and - conversely - its expansion to "INFINITY." Instead, consider what the Fed has done - [...]
Manipulation against the primary trend is destined to fail
READ THE FULL NEWSLETTER Early this morning, Ranting Andy emailed me that he was beyond riled by Tuesday’s waterfall assault on gold. I told him to relax, it’s been this way for a long time and will continue to be this way for a long time. I told him that since silver, platinum, palladium and the mining shares were holding up, I [...]
It always takes longer than you think
READ THE FULL NEWSLETTER Last year the Fed purchased 61% of Treasury debt. The economy is holding on by a thread and without the Fed’s Treasury purchases (QE), interest rates would be rising rapidly and the economy would be sinking. The damage would be wide spread, from real estate to the stock market, but this is an election year and the [...]
Swap
Read the Tuesday Afternoon Wrap-up for 3/6/2012 and the Wednesday Morning Commentary for 3/7/2012 Swap - an arrangement in which two entities lend to each other on different terms, e.g., in different currencies, and/or at different interest rates, fixed or floating. Boy, that sounds innocuous, another name for a simple trade. [...]
Leap Day Violation
Read the Remainder of Leap Day Violation and the Thursday Morning Commentary for 3/1/2012 Like Ice Cream in July. Whenever we are subjected to a farce like today, I remind myself of David Schectman’s words, suggesting I would “melt” without the Cartel to play my foil. From a business standpoint, he makes a strong point, as the greatest [...]
Leap Year Only Comes Once Every Four Years, But The Fed Intervenes Every Day
Emergency interview with Kerry Lutz of the Financial Survival Network discussing one of the most transparent Fed moves in recent memory. “Da Boyz” put the brakes on gold and silver.: Leap Year Only Comes Once Every Four Years, But The Fed Intervenes Every Day
