@VanHalen said:
Stunning results thus far. Wikileaks emails revealing Donna Brazile gave debate questions to the Clinton team and James Comey's statements are moving the needle IMO. Everything looked good for Clinton until the voting started.
Exit polls indicate the economy is the top issue. about time.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
political chaos? Markets are saying quite the opposite. a long overdue house cleaning has begun.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@derryb said:
political chaos? Markets are saying quite the opposite. a long overdue house cleaning has begun.
So what the heck we been saving this junk for?
I have my sound reasons, what are yours?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
With rising rates and Republican control of the government, there should be added downward pressure on gold going forward. However, copper is on fire with hopes of future infrastructure spending.
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
@PaleElf said:
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
I suspect the current rally is due to a massive extra effort to calm the markets. I look for them to settle back down as reality soaks back in. Reality has not changed, only the name associated with it has changed.
I also look for end of the year equity selling as a scramble is made to lock in capital gains taxes in 2016. Such profit taking may happen sooner rather than later.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@PaleElf said:
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
I suspect the current rally is due to a massive extra effort to calm the markets. I look for them to settle back down as reality soaks back in. Reality has not changed, only the name associated with it has changed.
I also look for end of the year equity selling as a scramble is made to lock in capital gains taxes in 2016.
@PaleElf said:
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
I suspect the current rally is due to a massive extra effort to calm the markets. I look for them to settle back down as reality soaks back in. Reality has not changed, only the name associated with it has changed.
I also look for end of the year equity selling as a scramble is made to lock in capital gains taxes in 2016.
Of course it's a conspiracy. Lol
If you disagree, just say so. Quit hiding behind the conspiracy argument. It does nothing for your case because you've worn it out. lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@PaleElf said:
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
I suspect the current rally is due to a massive extra effort to calm the markets. I look for them to settle back down as reality soaks back in. Reality has not changed, only the name associated with it has changed.
I also look for end of the year equity selling as a scramble is made to lock in capital gains taxes in 2016.
Of course it's a conspiracy. Lol
If you disagree, just say so. Quit hiding behind the conspiracy argument. It does nothing for your case because you've worn it out. lol
I disagree. Deregulation, repatriation of overseas cash, lower corporate tax rates, fiscal stimulus... the policy changes being discussed will be extremely bullish for equities. There may be some ups and downs with volatility, but the probability of the market ending the year higher than today's close are pretty good. However, I would expect dividend stocks to feel some pain as rates move up. The dividend trade may be coming to an end.
Well played; "helped stocks and the dollar trim earlier hefty losses."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
For once, my short term timing was right on the money, in selling generic 1 oz gold coins (Australian, Canadian & Britannias) to APMEX last Friday at the Baltimore coin show, at $15 above spot. (spot was around $1300) Wow, what a difference a week makes.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@OPA said:
For once, my short term timing was right on the money, in selling generic 1 oz gold coins (Australian, Canadian & Britannias) to APMEX last Friday at the Baltimore coin show, at $15 above spot. (spot was around $1300) Wow, what a difference a week makes.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@mariner67 said:
I guess this is what " calm markets" look like.
ticker on the bottom of the TV screen is all green. All is well.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Deregulation, repatriation of overseas cash, lower corporate tax rates, fiscal stimulus... the policy changes being discussed will be extremely bullish for equities. There may be some ups and downs with volatility, but the probability of the market ending the year higher than today's close are pretty good. However, I would expect dividend stocks to feel some pain as rates move up. The dividend trade may be coming to an end.
It takes time for policy changes to effect real changes in the economy, and $20 trillion of debt in a rising interest rate environment with an economy that is still struggling is quite a bit to overcome.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Deregulation, repatriation of overseas cash, lower corporate tax rates, fiscal stimulus... the policy changes being discussed will be extremely bullish for equities. There may be some ups and downs with volatility, but the probability of the market ending the year higher than today's close are pretty good. However, I would expect dividend stocks to feel some pain as rates move up. The dividend trade may be coming to an end.
It takes time for policy changes to effect real changes in the economy, and $20 trillion of debt in a rising interest rate environment with an economy that is still struggling is quite a bit to overcome.
@PaleElf said:
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
I suspect the current rally is due to a massive extra effort to calm the markets. I look for them to settle back down as reality soaks back in. Reality has not changed, only the name associated with it has changed.
I also look for end of the year equity selling as a scramble is made to lock in capital gains taxes in 2016.
Of course it's a conspiracy. Lol
If you disagree, just say so. Quit hiding behind the conspiracy argument. It does nothing for your case because you've worn it out. lol
Last thing I've ever done is hide. But you always hide from your hideously bad market calls on some "effort" by "them".
Metal is better than asphalt but oil is the game the market makers play. Check out transportation, industrials, etc., And if not investing... who cares?
don't recall any "Trillion dollar infrastructure" spending from Trump until the markets needed "calming" after he won. Did the job though. This recent spending proposal is what boosted equities and the currency. How long it will last remains to be seen.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
prep for higher inflation and more QE, gold will benefit.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
If Trump is really serious about increasing exports and bringing back better paying jobs you can not do it with a strong dollar.
If wouldn't give up on gold. Matter of fact if you don't own gold it would be a good time to start a stack.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
"Already more than $4.5 Trillion of Treasury bonds sit on the Fed's balance sheet. Look for that number to balloon during the Trump years. In 2009, when the first Quantitative Easing program allowed the Fed to buy large quantities of Treasury bonds, then Fed Chairman Ben Bernanke pushed back against Congressional accusations of debt monetization by claiming that the purchases should be considered temporary, and that they would be unwound when the crisis passed. Since then the Fed has not sold a single Treasury and has used every penny of interest and principal repayments to buy more Treasuries."
As the FED becomes the ONLY buyer of US debt, QE will be required to fund it. US debt is far from the wise investment it used to be. Alternatives, especially those that protect from uncertainty and from money printing, will be the beneficiaries.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
FED will never be the only buyer, in fact their share will probably decrease over time. As rates rise, the more attractive the bonds become.
Is that why there's been a 30-year bond rally while rates have declined steadily over the past 30 years? Your answer is incorrect. As rates rise, bond values decrease, so the real answer is "it depends". It depends on the direction of rates and also upon the investor's time horizon. Also, it depends on which side of the table you happen to be sitting.
Q: Are You Printing Money? Bernanke: Not Literally
It takes time for policy changes to effect real changes in the economy, and $20 trillion of debt in a rising interest rate environment with an economy that is still struggling is quite a bit to overcome.
As it relates to Trump's election, there may be no choice in Trump's mind but to finance some large government work projects with more debt. He's already made noises about building up the military, so that's even more spending.
Most of his early choices have involved key players in the status quo, but he is weeding through a pile of resumes
and already making some changes as he goes.
I think he's going to run into fiscal constraints sooner than he expects. His response to a budget dilemma should give us some early cues about gold & silver.
Q: Are You Printing Money? Bernanke: Not Literally
Didn't you ask the same question 3, 5, 10 years ago? Dang, you been wrong about this for a long time now.
I'm asking are you a buyer of these Treasury bonds you think so highly of?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@jmski52 said: It takes time for policy changes to effect real changes in the economy, and $20 trillion of debt in a rising interest rate environment with an economy that is still struggling is quite a bit to overcome.
As it relates to Trump's election, there may be no choice in Trump's mind but to finance some large government work projects with more debt. He's already made noises about building up the military, so that's even more spending.
Most of his early choices have involved key players in the status quo, but he is weeding through a pile of resumes
and already making some changes as he goes.
I think he's going to run into fiscal constraints sooner than he expects. His response to a budget dilemma should give us some early cues about gold & silver.
US debt held by the FED only becomes relevant if the FED seeks to cash it in. They have no reason to ever do so (and probably never will), it wasn't bought with their money. It was bought by tearing off pieces of the money in your wallet. The source of the money for FED purchases should be of concern and will benefit those who hold dollar insurance. Witness gold price increases since the FED started using QE to purchase US debt. More QE? Bring it on.
This new arrangement for financing US debt should result not in worry about the "deb"t, but worry about what it does to the currency. US debt will soon be unimportant to those that understand the new paradigm.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
US debt held by the FED only becomes relevant if the FED seeks to cash it in.
I think that US debt is relevant because the debt service competes with actual capital formation in the real economy.
Also relevant is that the Fed is made up of private interests who can always "cash in" the Treasuries they hold to buy real assets with money they just created out of nothing. They even charge a fee for their services in auctioning off the Treasury Bonds at the NY Fed while buying them with new money they created for that express purpose. Unreal.
In effect, with all this power over money some bankers are in position to buy senators, land, gold, mountain resorts, beachfront property anywhere in the world, small and medium sized countries, presidents, congressmen, generals, etc. - and it's probable that they do exactly that. That's where some of our taxes eventually go. They play the skim better than any Las Vegas crime syndicate casino ever did.
It's a system that doesn't serve any good purpose. The least of our worries is the dilution of our money.
Q: Are You Printing Money? Bernanke: Not Literally
Comments
Exit polls indicate the economy is the top issue. about time.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"If Trump is elected would we see PM's rise?"
It would appear so,
at 12:30 am
Gold up $47.30 to $1325.40
Silver up $0.43 to $18.88
Nose dive now!
Gold up biiiig, uuuuuge last night, hahahahaha
comrade happy, no.
-renski
So much for gold protecting from political chaos. Lol.
Gold sucks. Haha
Knowledge is the enemy of fear
political chaos? Markets are saying quite the opposite. a long overdue house cleaning has begun.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Everything looked good for Clinton until the voting started.
Folks told the PC police in their lives what they wanted to hear.. and then voted their conscience in the secrecy of the booth.
Liberty: Parent of Science & Industry
So what the heck we been saving this junk for?
Knowledge is the enemy of fear
I have my sound reasons, what are yours?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
As a reminder of broken promise.
Knowledge is the enemy of fear
With rising rates and Republican control of the government, there should be added downward pressure on gold going forward. However, copper is on fire with hopes of future infrastructure spending.
So much for checks and balances.
Freedom is back in style.
It looks like equities forgot to crash.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
Equities should be strong through the end of the year. Only major event for the rest of the year is the Fed meeting in December and the market is already counting on a hike.
I suspect the current rally is due to a massive extra effort to calm the markets. I look for them to settle back down as reality soaks back in. Reality has not changed, only the name associated with it has changed.
I also look for end of the year equity selling as a scramble is made to lock in capital gains taxes in 2016. Such profit taking may happen sooner rather than later.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Of course it's a conspiracy. Lol
Knowledge is the enemy of fear
If you disagree, just say so. Quit hiding behind the conspiracy argument. It does nothing for your case because you've worn it out. lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Who and how are "they" calming the markets?
I disagree. Deregulation, repatriation of overseas cash, lower corporate tax rates, fiscal stimulus... the policy changes being discussed will be extremely bullish for equities. There may be some ups and downs with volatility, but the probability of the market ending the year higher than today's close are pretty good. However, I would expect dividend stocks to feel some pain as rates move up. The dividend trade may be coming to an end.
How to "calm the market"
Well played; "helped stocks and the dollar trim earlier hefty losses."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
He was referring to Bruce Jenner tooting his/her own horn
For once, my short term timing was right on the money, in selling generic 1 oz gold coins (Australian, Canadian & Britannias) to APMEX last Friday at the Baltimore coin show, at $15 above spot. (spot was around $1300) Wow, what a difference a week makes.
$10B in gold futures were dumped this morning.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Looks like a metal sale going on today
I guess this is what " calm markets" look like.
ticker on the bottom of the TV screen is all green. All is well.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Green is good!
Deregulation, repatriation of overseas cash, lower corporate tax rates, fiscal stimulus... the policy changes being discussed will be extremely bullish for equities. There may be some ups and downs with volatility, but the probability of the market ending the year higher than today's close are pretty good. However, I would expect dividend stocks to feel some pain as rates move up. The dividend trade may be coming to an end.
It takes time for policy changes to effect real changes in the economy, and $20 trillion of debt in a rising interest rate environment with an economy that is still struggling is quite a bit to overcome.
I knew it would happen.
So far, Mr. Market is on my side.
Last thing I've ever done is hide. But you always hide from your hideously bad market calls on some "effort" by "them".
Knowledge is the enemy of fear
Metal is better than asphalt but oil is the game the market makers play. Check out transportation, industrials, etc., And if not investing... who cares?
don't recall any "Trillion dollar infrastructure" spending from Trump until the markets needed "calming" after he won. Did the job though. This recent spending proposal is what boosted equities and the currency. How long it will last remains to be seen.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
A desperate person will always see what they want to see.
Knowledge is the enemy of fear
Such as, a little girl riding a little bike with training wheels down a great big roller coaster track?
Liberty: Parent of Science & Industry
it's a conspiracy. lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
If Trump is elected would we see PM's rise?
Does not appear to be the case for the short term. Silver under $17 & Gold trying to break below $1200.
The big political Enema flush. I love it! BTW nibbled some NUGT and CDE today
GLTA
100% Positive BST transactions
prep for higher inflation and more QE, gold will benefit.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
If Trump is really serious about increasing exports and bringing back better paying jobs you can not do it with a strong dollar.
If wouldn't give up on gold. Matter of fact if you don't own gold it would be a good time to start a stack.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Not even Viagra could make gold rise
The US bond market, and lack of future buyers, will make gold rise
"Already more than $4.5 Trillion of Treasury bonds sit on the Fed's balance sheet. Look for that number to balloon during the Trump years. In 2009, when the first Quantitative Easing program allowed the Fed to buy large quantities of Treasury bonds, then Fed Chairman Ben Bernanke pushed back against Congressional accusations of debt monetization by claiming that the purchases should be considered temporary, and that they would be unwound when the crisis passed. Since then the Fed has not sold a single Treasury and has used every penny of interest and principal repayments to buy more Treasuries."
As the FED becomes the ONLY buyer of US debt, QE will be required to fund it. US debt is far from the wise investment it used to be. Alternatives, especially those that protect from uncertainty and from money printing, will be the beneficiaries.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
FED will never be the only buyer, in fact their share will probably decrease over time. As rates rise, the more attractive the bonds become.
Knowledge is the enemy of fear
are you a buyer? lol.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
FED will never be the only buyer, in fact their share will probably decrease over time. As rates rise, the more attractive the bonds become.
Is that why there's been a 30-year bond rally while rates have declined steadily over the past 30 years? Your answer is incorrect. As rates rise, bond values decrease, so the real answer is "it depends". It depends on the direction of rates and also upon the investor's time horizon. Also, it depends on which side of the table you happen to be sitting.
I knew it would happen.
Didn't you ask the same question 3, 5, 10 years ago? Dang, you been wrong about this for a long time now.
Knowledge is the enemy of fear
It takes time for policy changes to effect real changes in the economy, and $20 trillion of debt in a rising interest rate environment with an economy that is still struggling is quite a bit to overcome.
As it relates to Trump's election, there may be no choice in Trump's mind but to finance some large government work projects with more debt. He's already made noises about building up the military, so that's even more spending.
Most of his early choices have involved key players in the status quo, but he is weeding through a pile of resumes
and already making some changes as he goes.
I think he's going to run into fiscal constraints sooner than he expects. His response to a budget dilemma should give us some early cues about gold & silver.
I knew it would happen.
I'm asking are you a buyer of these Treasury bonds you think so highly of?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
US debt held by the FED only becomes relevant if the FED seeks to cash it in. They have no reason to ever do so (and probably never will), it wasn't bought with their money. It was bought by tearing off pieces of the money in your wallet. The source of the money for FED purchases should be of concern and will benefit those who hold dollar insurance. Witness gold price increases since the FED started using QE to purchase US debt. More QE? Bring it on.
This new arrangement for financing US debt should result not in worry about the "deb"t, but worry about what it does to the currency. US debt will soon be unimportant to those that understand the new paradigm.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
When did I ever write that I was highly fond of treasuries?
I may have countered your ridiculously error filled comments on treasuries. Performance speaks volumes.
Knowledge is the enemy of fear
US debt held by the FED only becomes relevant if the FED seeks to cash it in.
I think that US debt is relevant because the debt service competes with actual capital formation in the real economy.
Also relevant is that the Fed is made up of private interests who can always "cash in" the Treasuries they hold to buy real assets with money they just created out of nothing. They even charge a fee for their services in auctioning off the Treasury Bonds at the NY Fed while buying them with new money they created for that express purpose. Unreal.
In effect, with all this power over money some bankers are in position to buy senators, land, gold, mountain resorts, beachfront property anywhere in the world, small and medium sized countries, presidents, congressmen, generals, etc. - and it's probable that they do exactly that. That's where some of our taxes eventually go. They play the skim better than any Las Vegas crime syndicate casino ever did.
It's a system that doesn't serve any good purpose. The least of our worries is the dilution of our money.
I knew it would happen.