Tug Of War: Gold To Keep Fighting As Investors Eye Buying Opportunities

(Kitco News) - After the biggest weekly drop in five months, gold bulls are not ready to give up their tug of war against the bears just yet, according to analysts.

As gold gets ready to close the week below $1,300 an ounce for the first time this year, analysts are scrambling to project where the yellow metal might head next when the dust finally settles...

Danielle DiMartino Booth

A quick perusal of the financial press revealed a treasure trove of write-ups on PIMCO’s Richard Clarida, the recently named nominee to be Vice Chair of the Federal Reserve Board. Coverage of one Michelle Bowman, nominated the same day to serve as a governor on the Board was, however, scant...

Danielle DiMartino Booth

Call it the risk parity unwind. Pin it on Bitcoin’s downfall. Blame Facebook and trade tensions. But for my money, it’s all about Quantitative Tightening. Or as Nomura’s George Goncalves rightly identifies, what’s really got the markets on edge, is the triple tightening of rising LIBOR, rate hikes and QT...

By | March, 22, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Danielle DiMartino Booth

After ten years, is the time finally upon us? We will soon enough know. Today marks the first Minutes release that carries the promise of cleanliness. As I’ve written to on multiple occasions, in disapproval mind you, in 2008, Janet Yellen suggested that the FOMC Meeting Minutes be manipulated to massage the intended message the FOMC should have conveyed...

By | February, 22, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Danielle DiMartino Booth

If you’re looking for hard guidance in today’s Federal Open Market Committee statement, I’d suggest you tamp your enthusiasm. Janet Yellen has orchestrated the slowest tightening cycle in history, defying even the ‘measured’ pace at which Alan Greenspan tightened which culminated in the housing bubble bursting. The last thing Yellen wants to do at her last FOMC meeting is stir any pot...

By | January, 31, 2018|Categories: Articles, Featured|Tags: , , , , , , , , , , |0 Comments

Danielle DiMartino Booth

It’s official…for a second time around. At least that’s what the CNBC headline said: Fed Chair Nominee Jerome Powell Wins Approval (Again) of Senate Banking Committee. It would seem the esteemed Committee is challenged by expiration dates...

Danielle DiMartino Booth

Here’s a news flash: “We don’t want a boom-bust situation.” If you’ll pardon the cynicism, Janet Yellen has chosen now, the twilight of her time at the Fed to discover the words and wisdom of Ludwig Von Mises, father of the Austrian economic school of thought, detractor of the perils of malinvestment...

By | November, 22, 2017|Categories: Articles, Featured|Tags: , , , , , |0 Comments

Are Precious Metals Sending a Message?

Is the Bull Market Ending?

The FOMC minutes are out and low and behold they suggest that the FED is as clueless as always. The equities are making record highs, but the metals are speaking volumes, indicating the stock bull market may be ending...

Debt: The Boogieman that Never Goes Away

Will the FED Make Another Giant Mistake?

Today on The Bubba Show, Dr. Bob Swarup from Camdor Global and the author of Money Mania: Panics, Booms and Busts is back for a visit. Dr. Bob, who is an economist, explains that most economists don’t understand debt and the business cycle, which is why they typically do so poorly on judging what to do next where the economy is concerned...

FED Stays the Course

FOMC Minutes

Thursday’s Bubba Show covers the FED minutes and the story of futures and hedging. The FOMC minutes came out on Wednesday afternoon and of course they said absolutely nothing as the FED stays the course of cluelessness. Bubba finds the most amazing thing is that no one gets it and we continue to ignore the situation...