With the Fed still consuming around $100 billion in bonds a month, there is still a long way to go before we are entirely back to actual market pricing, free of the Fed’s rigging..
Merely posing this question is courting ridicule from some quarters, since we have grown an asset bubble with the potential to equal 1929's. Still worse is that it sits on a geopolitical powder keg..
It remains clear the BIS is an active trader of significant volumes of gold swaps on a regular basis. The recent data still shows that there is no clear downward trend in the volume of swaps..
The commercial net short position in gold now sits at 23.75 million troy ounces, down from the 24.57 million troy ounces they were short in Monday's COT Report.
The short position of the Big 8 traders is 22.62 million troy ounces...
Where the Federal Reserve gets its money is perhaps one of the most misunderstood of all financial topics. It's also vital - because if the Fed is to finance the national debt, it needs to have sources..
Marc Faber 'Dr Doom' joins us to provide his take on the latest actions in the the markets, the central banks, interest rates, insane government policies and stupid politicians..
The coming year is particularly uncertain. The economy could be wildly different based on how certain events unfold. To use a favorite central banker term, it is “path dependent.”
Meanwhile, central bankers will continue to print fiat, potentially resulting in hyperinflation; he views this as an inevitable economic end-game scenario, "... it's only a question of when."
The resulting acceleration and amplification of gold’s breakout rally will start enticing investors to return, fueling a major upleg. Fed tightening shouldn’t matter, as Fed officials talk tough but rarely..
