We have done a little research recently on how gold works in deflation. Along with having to read a lot of articles on the coming end of the world in the Gold related material I have come to the following conclusions based…Continue Reading →
It should be apparent to all of my readers that QE2 was not in my Macro view of the economy this past summer. In fact there were times in the early summer when I praised Ben Bernanke and I felt…Continue Reading →
During the night I awoke with a start, no it wasn’t Santa, he comes in a couple of weeks, no it was the realization that Bernanke is insane. To be nice he isn’t dumb, he was probably the type who…Continue Reading →
This is the day when Bernanke could moderate his approach and let congress and its Fiscal Policy carry the day. There is no question in my mind that QE2 and tax cuts for the wealthy will be what incites the…Continue Reading →
All this noise in Washington involving people who really don’t want to do anything. Let’s act now, have the Depression and get it over with. Just 12 easy steps to get rid of the excesses since 1982, cut deficits, and get to…Continue Reading →
T-bonds have declined around 8 percent since October 14th when we exited our long positions. They are probably due for a bounce from the current area. The Fed still has four months of buying in front of them. On the…Continue Reading →
I feel like I need to repeat myself somewhat today so I have brought back the title from November 15th, the first tme I have done that in this blog. Under this title some new things need to be said. …Continue Reading →
As the market continues its mini-bubble based on QE2, help to bring some sanity to the equation has come from expected sources. In light of the hands off policy on the Fed by Geithner, and why wouldn’t he be hands…Continue Reading →
If one looks at the charts it is evident that the dollar/yen and dollar/euro rates started changing after November 3, the date that QE2 details were confirmed. The QE2 anticipation bubble in stocks, commodities, and precious metals started a slow…Continue Reading →
David Leonhardt’s articles in the past few weeks Sunday New York Times have been a good exercise and I highly recommend getting involved in the calculations for yourself. My comments back on November 3rd were a reflection of what could…Continue Reading →