The BIS' constant trading in gold swaps is perhaps the best proof that surreptitious gold market manipulation by at least one central bank continues as a matter of policy.
It’s only a matter of time before the economy unravels. That’s when the markets will get the rate cuts they desperately want – even though inflation still has a heartbeat.
Dr. Ron Paul suggested holding gold for security, not profit. Recalling advice from a gold dealer, he discussed buying gold as insurance at current prices for long-term stability.
Maharrey offers an in-depth look at the economy, emphasizing the importance of understanding the underlying factors that drive market trends and economic conditions.
In all, the labor market does appear to be rolling gently over; but the big question remains whether or not inflation will let Powell have his cake and eat it, too.
While everybody is focused on the prospect of an interest rate cut and the hope of easier money, most completely ignore the other central bank monetary policy – the Fed balance sheet.
It should be noted as ALWAYS being suspicious when all revisions (but one) go the way that is best for the government’s show-and-tell for months on end.