Helping You Thrive While We Watch The Dollar Die
As the Department of Justice continues to investigate precious metals manipulation, it remains a true mystery as to where the case will ultimately lead. It’s been almost a year since former JP Morgan trader John Edmonds plead guilty last November. And while there have been more confessions and charges since then, seemingly little has actually changed in the way gold and silver trade. A few weeks ago at the last […]
One of the reasons trading the gold and silver markets can be so tricky is because there is what happens with physical gold and silver, and then there’s the paper world derivative market. Which creates a fascinating dynamic. In that while the price action has remained divorced from the underlying supply and demand trends in recent years, it does still factor in. As the low price has reduced the supply, […]
As the Federal Reserve continues to intervene in the markets at an accelerating rate, it’s fair to begin wondering if the Fed has passed the point of no return. Of course one might say that they passed that point in 2008. Or you could even make a valid argument to go back to other points even further back in time. But to see increasing intervention and expansion of the balance […]
While many are often invigorated when they first get into gold and silver, there’s a common frustration that many then quickly run into. In particular, that while they are inspired by what they are learning, they often feel as if no one around them gets it and is seeing the same thing. And perhaps that is part of the journey of breaking out of WallStreet’s hypnosis and finally grasping what’s […]
As the Federal Reserve continues to resort to emergency measures, to address a problem that it claims does not exist, more and more market participants are starting to realize there’s an element to the Fed’s story that just doesn’t add up. For the last 10 years Federal Reserve officials have proclaimed victory over the last financial crisis, while extolling the virtues of its quantitative easing programs. Of course the programs, […]
Following a series of repurchase operations that were supposed to be temporary, last week Federal Reserve Chairman Jerome Powell apparently felt that the liquidity issue had not yet been solved. As he said “Indeed, my colleagues and I will soon announce measures to add to the supply of reserves over time.” And sure enough, later in the week the Fed announced that it was going to start purchasing short-term treasury […]