Federal Reserve

Key Events In The Coming Week

In the US focus will be on the market's reaction to the second presidential debate, FOMC Minutes but also retail sales, import and producer prices and Michigan sentiment. We also hear from various Fed speakers throughout the week, and Chair Yellen gives a keynote speech on Friday.

IceCap's Keith Decker Lists Three Scary Movies: "Jaws", "The Shining" And "The Rise Of Interest Rates"

When this crisis accelerates, investors will run away from the bond market and seek safety in stocks, USD currency and gold. It will be a scene, unlike any you’ve seen before and understanding why it will happen and having the correct investment strategies will not only make you happy and calm – it will also make you the star at dinner parties. And when others ask you how did you know, you begin with the least talked about factor in the investment world – interest rates.

Globalization Is Done

The end of growth exposes the stupidity and ignorance of all but (and even that’s a maybe) a precious few (of our) ‘leaders’. We are transcending into an entirely different stage of our lives, our economies, our societies. Growth is gone, it went out the window long ago only to be replaced with debt. And that’s going to take a lot of getting used to. But there’s nothing that says we couldn’t see it coming.

Do Our Central Planners Really Believe This Will End Well?

With concepts like wealth effects (the illusion of being rich, when you are not) and propensity to consume, our leaders actually believe they can sustain economic prosperity without proper wealth creation. The future path is thus laid down for us and there is nothing we can do at this juncture to avoid the consequences of our past folly.

GoldCore's picture

Gold forecasting is a mugs game at the best of times but given the uncertain geo-political situation, the fragile banking system and the very strong fundamentals for gold, it is hard to argue with Barnabas Gan of OCBC  or BMI. Gold should be meaningfully higher in the coming months and into 2017 as investors diversify into gold. Or rather we are likely to see dollars, euros, pounds and other fiat currencies continue to be devalued versus gold.

Why The Feds Will Lose Their War On The Markets

For now, the war serves its real purpose: to increase the power and wealth of the Deep State insiders. But it is a war that the feds will ultimately lose. Trying to suppress markets is like putting a giant cork in the mouth of a volcano. It doesn’t stop the eruption; it just makes it more violent.