Archive - Sep 19, 2015 - Blog entry
The Fed is Now Cornered
Submitted by Phoenix Capital Research on 09/19/2015 09:26 -0500The Fed is truly cornered. If it fails to hike rates it will have no ammo for when the next crisis hits the US. But it if hikes rates now while the economy is so weak (more on this in a moment), it’s likely to kick off or deepen a recession.
Fate of Dollar Bulls Post-Fed
Submitted by Marc To Market on 09/19/2015 09:05 -0500The divergence meme that is the center of the dollar bull narrative was never predicated on precise timing of Fed's lift-off. To go from no hike in September to Fed will never raise interest rates, or QE4 is next, is a needless exaggeration.
Gold and Silver Bullion Demand Very Robust - Delays and Premiums Rising
Submitted by GoldCore on 09/19/2015 07:56 -0500The incredibly strong demand for physical precious metals around the world continues to be obscured by institutional selling of futures contracts on the COMEX. The paper or electronic market continues to dominate the spot price for now. But rising premiums and delays for popular bullion products suggests that proper price discovery reflecting real world supply and demand may be at hand.
