by Dave Kranzler | Sep 19, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“We can ignore reality, but we cannot ignore the consequences of ignoring reality.” – Ayn Rand Something big is happening beneath the surface of a Dow and S&P 500 trading near all-time highs. The soaring repo rate, more demand for overnight Fed funding loans...
by Dave Kranzler | Aug 26, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Does anyone seriously believe that in the next global recession equity markets will not collapse? Do market participants really believe fiscal stimulus and helicopter money will save us from a gut-wrenching global bust that will make 2008 look like a picnic? Has the...
by Dave Kranzler | Aug 6, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
…ushers in the restoration of price discovery in the precious metals market. The price of gold is at or near an all-time in most currencies except the dollar. This summer, however, it would appear that the dollar-based valuation of gold is starting to break the...
by Dave Kranzler | Jul 31, 2019 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Regardless of the Fed Funds rate policy decision by the FOMC today, the economy is spinning down the drain. Lower rates won’t help stimulate much economic activity. Maybe it will arouse a little more financial engineering activity on Wall Street and it might...
by Dave Kranzler | Jul 9, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Jerome Powell will deliver the Fed’s semi-annual testimony on monetary policy (formerly known as the Humphrey-Hawkins testimony) to Congress this week. He’ll likely bore us to tears bloviating about “low inflation” and a “tight labor...
