Silver as an investment

Category Archives: Paul Volcker

Fed To Trump: It’s Our Stock Market Bubble, Not Yours

President Trump continues to exuberantly promote the "unprecedented" stock market rally since his election… It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts — Donald J. Trump (@realDonaldTrump) October 11, 2017 But just how 'unprecedented' is it? The answer is not […]

Government By Goldman

Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund, Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s […]

Clarity Or Confusion At The Fed

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com, “Are you kidding? Are you kidding? No one knows what you’re doing.”    – Economist John Taylor in response to William Dudley’s (President Federal Reserve Bank of New York, Vice Chairman of the Federal Open Market Committee) comment that the Federal Reserve (Fed) has been very clear in […]

What Trump Told Yellen In The Oval Office (Next To Gary Cohn)

In an otherwise quiet morning as we await Jeff Sessions’ testimony, a WSJ article is making the rounds which recounts the interactions between Trump and Janet Yellen – who it turns out were born two months apart in neighboring boroughs of New York City – according to which despite Donald Trump’s fierce criticisms of the […]

The True Legacy Of David Rockefeller

Via MintPressNews.com, While often remembered for his philanthropy, the last surviving grandson of America’s first billionaire died today, leaving behind a dark legacy indicative of how American nobility often shape policy from behind the scenes. No one person encapsulates the enduring legacy of the “robber barons” of the Industrial Age quite like David Rockefeller. Rockefeller, […]

The Fed Has Made Another Massive Policy Error

Authored by John Mauldin via MauldinEconomics.com, I would argue that the Great Recession was a result of a massive monetary policy error. The Fed kept rates too low for too long, which—when coupled with lax or no regulation in the mortgage markets—resulted in a housing bubble and a crash. This then bled over to global […]

“Pounded” – How Not To Manage A Fiat Currency

Submitted by Alasdair Macleod via GoldMoney.com, Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year view, sterling’s problems are the consequence of bad judgement, and […]

Who’s Better For Gold? Donald Trump Or Hillary Clinton?

For this week, we charted and analyzed the performance of gold for each President and their respective party since Nixon began his term in 1969. During the Nixon administration from January 1969 until August 1974, Nixon implemented a series of economic measures aptly named the Nixon Shock. The most significant of which was the cancellation […]

Today’s Federal Reserve Makes Volcker Look Timid

Submitted by John Mauldin via MauldinEconomics.com, Let’s look at the Fed’s (and other central banks’) magnitude of monetary manipulation in recent years and the very constrained maneuvering room they now have as a consequence. Of course, it’s questionable whether they should even be trying to maneuver the economy to the degree that they are. The […]

“The Donald Nailed It” Stockman Screams “We Are In A Big Fat Ugly Bubble”

Submitted by David Stockman via Contra Corner blog, Most of the 90 minutes last night was a waste – with both candidates lobbing well-worn clichés, slogans and sound bites at the audience and each other. But there was one brief moment that made it all worthwhile. That was when Donald Trump peeled the bark off the Fed’s phony recovery narrative and […]