NEWS

Fed Chairman Jerome Powell Clearly Hates Inflation

All this inflation talk by Powell makes it easy to see why investors have dumped airline stocks

Gold Pushes Above $1,300 as Dollar Eases

Gold futures gain and the dollar declines even with the Fed’s revelation that it will likely raise interest rates more aggressively in 2018 than previously signaled. Attention turns fully to the European Central Bank’s policy update.

ECB Says Its Massive Bond-Buying Program Will Likely End in December

The ECB kept interest rates unchanged Thursday, but traders will closely monitor upcoming remarks from President Mario Draghi for hints on the potential end of the bank's massive stimulus program.

Gold Traders' Report - June 13, 2018

Gold popped higher, and took out the overnight high to reach $1299.20. A pullback in US stocks (S&P unch to 2786) aided the move.

$5,851 vs. $468,000: If 1870-Hidden Treasure Was Invested in Dollars vs. Gold

Today, would you hope to find 148-year-old treasure in actual dollars or the gold that had been purchased with that amount of 1870 dollars at the time? Effectively, the question is “Would you rather find $5,851 or $468,000?"

Greenspan Says Economy Is Already Slowing

“The presumption that we are going up from here — I think is wishful thinking,” Greenspan said, in an interview on CNBC.

Bond King Jeff Gundlach Sounds Alarm on America's 'Exploding' Debt

"That could lead to a real fiscal solvency problem, eventually," said Gundlach, who famously warned in June 2007 the subprime debacle was about to get much worse.

Much of Bitcoin's 2017 Boom Was Market Manipulation, Research Says

New research argues that at least half of the jump in bitcoin and cryptocurrency prices was due to a coordinated price manipulation campaign.

Silver/Gold Ratio Trying 7-Year Breakout, After Hitting 10-Year Support

In these US Cities, Consumers Suffer the Hottest Inflation

Consumers in Los Angeles are simply not buying the notion that inflation, however benevolently measured by the Consumer Price Index, was “only” 2.8% in May

10y-2y Treasury Slope Flattens to Below 40 Bps (Flattest Since 2007)

The Fedraised their target rate (upper bound) to 2%. However, they actually left the interest on excess reserves steady at  1.75%. At the same time, the US Treasury 10Y-2Y slope flattened to below 40 basis points, the lowest since 2007.

`50 Cent' Volatility Buyer Is Back With Bet VIX Will Double

A trade war, a hawkish monetary mistake & a crisis in either the emerging markets or euro area were cited as the biggest tail risks

Two-Thirds Of Americans Say High Cost Of Living

And Gas Prices Are Biggest Financial Risks. More than half of Americans have zero assets to their name.

The Fed Rate Decision & Powell Press Conference: Live Blog & Video

FOMC lifts fed funds rate to 1.75%-2%, signals 4 hikes in 2018

Top 10 Gold Producing Countries

Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earth's crust. But how much gold is the world digging up each year and what countries produce the most?

Here's Why the Top Money Managers are Recommending Gold

Large investors from around the world shared their thoughts on the current economic landscape, prevalent risks, & how to hedge them.

Crypto Collapse Accelerates as Bitcoin Miners Turn Cashflow Negative

Another day, another leg lower in cryptocurrencies as FUD spreads, this time on the back of headlines exposing market manipulation during last year's meltup and collapsing margins for miners as prices tumble below breakevens.

We Are 2 Weeks Away from Printing

A 4th consecutive quarterly increase in the Velocity of Money

The Fed Discourages Banks From Lending

By Paying Them Interest on Excess Reserves

Investors Fear the Fed May Be Flying Blind

The central bank’s quantitative easing programs have distorted traditional investment metrics and created an environment where no one is quite sure how to read the market.