The Latest Lie, An “Independent Federal Reserve”, And All Signposts Point To Gold

by

by Matthew Piepenburg via Gold Switzerland Earlier in July, U.S. President Biden came away from a meeting with Fed Chairman Jerome Powell and calmly announced that in addition to inflation being “short term,” we should fear not, as Biden also “made it clear to Chairman Powell that the Fed remains independent,” but “will act as needed.” Whewwww. Where … Read more

Wall Street Sell-Siders As Bullish Today As In 2002, Bubble Redux? (Addicted To Gov)

by

by confoundedinterest17 You might as well face it, we’re addicted to gov. Or at least perpetual Federal Reserve intervention. Financial Times has a great graphic showing that Wall Street sell-side analysts are as bullish today as they were in 2002, just after the Dot.com bubble burst. One reason that Wall Street sell-siders are so positive in … Read more

Market Melt-Down Ahead?

by

t’s looking increasingly clear folks: The economy has taken on too much debt. Interest rates can’t rise substantially without threatening to crash the entire system. But instead of exercising concern, Wall Street is partying hard with today’s cheap liquidity in a speculative orgy. Unless the situation changes dramatically, investment manager Lance Roberts foresees an approaching ‘Minsky Moment’ for the … Read more

Even Yamiche Alcindor was lost on the Cuomo’s response…

by

Gov Cuomo apologized but insisted that NY AG investigation saying he sexually harassed women and created a toxic work environment is inaccurate. He then played photos of himself kissing people and said he is bringing in a sexual harassment expert to train his staff. Wow. — Yamiche Alcindor (@Yamiche) August 3, 2021 https://twitter.com/brianmrosenthal/status/1422624608411439114 Andrew Cuomo … Read more