Gold & Silver: Fed Needs Heckuva Lot More Than “Rate Hikes” and “Balance Sheet Normalization”
Gold & silver prices aren’t taking the bait. The Fed will need a lot more than hinted at in today’s FOMC Minutes to bring this bull down…
Continue readingFOMC statement
No Fed Attack On Trump Today…Rates Unchanged
Fed Holds Rates at .5-.75% Committee Notes Inflation Short of 2% Goal “Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the […]
Continue readingFed Day Flash Sale: 10 oz RCM Silver Bars 99 Cents/oz Over Spot!
This Offer Ended At 8:00 PM EST (9/21/16) – Please Keep An Eye On Your Email For Our Next Flash Sale!
Continue readingGold Surges Through $1300 As PM’s Pop
The character of this market has CHANGED…
Continue readingDave Kranzler: What The Heck Did Janet Yellen Just Say?
And then there’s Janet Yellen…
Continue readingFOMC: “Economic Conditions May Warrent Keeping Target Rate Below Normal Levels in the Longer Run”
Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate The Committee anticipates that it will be appropriate to […]
Continue readingFed Holds Serve- No Rate Hike, Hints at Delay
Committee reaffirms that ZIRP remains appropriate, hints at delay to rate hikes Gold and silver initially jumping on the releaseFull FOMC Statement is below:
Continue readingIn An Undererported Piece Of News, The Federal Reserve Took The First Step Towards Raising The Federal Funds Rate
The following is the unofficial transcript of yesterday’s FOMC press conference with Fed Chairman Janet Yellen. As with all transcripts, the quality is only as good as the transcriber, and […]
Continue readingTaper On! Fed Cuts QE Another $10 Billion A Month!
Janet Yellen’s first FOMC statement is out: Fed tapers another $10 billion/month beginning in April Beginning in April, the Committee will add to its holdings of agency mortgage-backed securities at […]
Continue readingWatch Bernanke’s LAST FOMC Press Conference LIVE at SD at 2:30pm EST!
Watch Ben Bernanke’s LAST FOMC Press Conference LIVE below at 2:30pm EST!
Continue readingFed Holds Serve- No Taper! Fed “Prepared To Increase Or Reduce QE” As Needed
Fed to hold serve on QE, no taper yet ZIRP to continue indefinitely Fed “Prepared To Increase Or Reduce QE“ Gold & silver bouncing- silver clears $20, gold holds $1300 […]
Continue readingFOMC Statement Released Early, Fed Prepared to Increase or Decrease QE
MOPE reaches spiritual levels as Fed states is prepared to increase or reduce asset purchases (we have no idea what our plan is- that should instill confidence in the market!) […]
Continue readingFOMC Minutes Answer Eric Sprott’s Questions Regarding Source of US Gold Exports!
Ahead of today’s FOMC statement (and in light of Eric Sprott’s 2nd installment of Do Western Central Bankers Have Any Gold Left?), we thought it a good time to recall […]
Continue readingQE4: Fed Announces Increase of $45 Billion in UNSTERILIZED Monthly Treasury Purchases!
QE∞ is now QE∞er, and QE4 is official as the Fed announces $45 billion in NEW unsterilized monthly treasury bond purchases, exactly as expected by the market. FED INCREASES QE […]
Continue readingFull Text of FOMC Statement
HERE WE GO…. Just released FULL FOMC statement. Commentary to follow once The Doc has scanned the summary:
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