Blog posts tagged with 'Federal Reserve'

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Thursday, April 10, 2014
Solid Gains for Gold as Market Place Deems Fed More Dovish

Paul’s Economic Outlook:
The Federal Reserve's dovish comments and the unrest in Ukraine again have caused gold to go up a little. Neither will last long.

A.M. Kitco Metals Roundup: Solid Gains for Gold as Market Place Deems Fed More Dovish
http://www.kitco.com/news/2014-04-10/Solid-Gains-For-Gold-As-Market-Place-Deems-Fed-More-Dovish.html
Temporary increase in gold, dollar down.

Fed could cut rates to combat joblessness: Kocherlakota
http://finance.yahoo.com/news/fed-could-cut-rates-combat-joblessness-kocherlakota-200951797--sector.html
Temporary increase in gold, dollar down.

Cramer: Can't hurt the bull, game on
http://finance.yahoo.com/video/cramer-cant-hurt-bull-game-130100103.html
Temporary increase in gold, dollar down.

Comments (0)
Tuesday, April 1, 2014
Don’t buy into all the gold supporters promises.

Paul’s Economic Outlook:

Don’t buy into all the gold supporters promises. Do your research. Dollar up, gold down.

 

Gold And The Dollar: It's The Economy, Stupid

http://www.kitco.com/ind/Brecht/2014-03-31-Gold-And-The-Dollar-It-s-The-Economy-Stupid.html

Dollar up, gold down.

 

Janet Yellen Gives ‘One of the Most Dovish Speeches I Have Ever Read’

http://blogs.wsj.com/moneybeat/2014/03/31/janet-yellen-gives-one-of-the-most-dovish-speeches-i-have-ever-read/?mod=yahoo_hs

Spin article. It does not matter what a Fed member says except the official release after a Fed meeting.

 

CTC’s Russian Billionaire Owner Making U.S. List Adds to Selloff

http://finance.yahoo.com/news/ctc-russian-billionaire-owner-making-023552466.html

The Federal Reserve and reserve currency status of the U.S. dollar backed by the U.S. economy is still the strongest non military weapon in the world.

Tags :  EconomyFedBillionaireFederal Reserveweapon
Comments (0)
Thursday, January 23, 2014
US judge suspends Chinese partners of auditors

Paul’s Economic Outlook:

The world is shifting away from China and back to the U.S.

 

Nervousness Creates Short Covering

http://www.kitco.com/ind/Hug/2014-01-23-Nervousness-Creates-Short-Covering.html

Temporary. Federal Reserve meeting is January 28-29.

 

US judge suspends Chinese partners of auditors

http://finance.yahoo.com/news/us-judge-suspends-chinese-partners-040052684.html

Finally someone standing up to Chinese manipulation.

 

Japan tells world to stand up to China or face consequences

http://news.yahoo.com/japan-appeals-world-restrain-39-military-expansion-39-173227774.html

Finally someone standing up to Chinese manipulation.

Tags :  ChinaFederal ReservemanipulationJapanUSauditorsjudge
Comments (0)
Thursday, January 23, 2014
US judge suspends Chinese partners of auditors

Paul’s Economic Outlook:

The world is shifting away from China and back to the U.S.

 

Nervousness Creates Short Covering

http://www.kitco.com/ind/Hug/2014-01-23-Nervousness-Creates-Short-Covering.html

Temporary. Federal Reserve meeting is January 28-29.

 

US judge suspends Chinese partners of auditors

http://finance.yahoo.com/news/us-judge-suspends-chinese-partners-040052684.html

Finally someone standing up to Chinese manipulation.

 

Japan tells world to stand up to China or face consequences

http://news.yahoo.com/japan-appeals-world-restrain-39-military-expansion-39-173227774.html

Finally someone standing up to Chinese manipulation.

Tags :  ChinaFederal ReservemanipulationJapanUSauditorsjudge
Comments (0)
Monday, January 20, 2014
Gold Futures Lifted By Short Covering, U.S. Data

Paul’s Economic Outlook:

The next big move on the dollar will be the Federal Reserve meeting on January 28-29.

 

Gold Futures Lifted By Short Covering, U.S. Data

http://www.kitco.com/news/2014-01-17/Gold-Futures-Lifted-By-Short-Covering-US-Data.html

Half truth: The U.S. Dollar is strengthening. The rest of the article is based on some assumptions.

 

Brent falls towards $106 on strong dollar; China data may support

http://finance.yahoo.com/news/brent-falls-towards-106-strong-035037568.html

Half truth: The U.S. Dollar is strengthening. The rest of the article is based on some assumptions.

 

Russia to support domestic car industry with subsidies

http://finance.yahoo.com/news/russia-support-domestic-car-industry-111759560.html

U.S. Private Sector improving. U.S. Dollar improving. World shifting back to doing business with the U.S.

Tags :  dollarFederal ReservetruthRussiadomesticPrivate Sector
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Thursday, September 5, 2013
'Bad idea' if Fed wages war on higher bond yields

Paul’s Economic Outlook:

The U.S. Economy is getting better. The last thing the U.S. Economy needs is for the Federal Reserve to go back to normal fiscal policy, stop printing money, and let rates go up.

 

'Bad idea' if Fed wages war on higher bond yields

http://www.cnbc.com/id/101011402?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=101011402%7C%27Bad%20idea%27%20if%20Fed%20wages%20w

U.S. Economy getting better.

 

Applications for US jobless aid near a 5-year low

http://finance.yahoo.com/news/applications-us-jobless-aid-near-5-low-123757251--finance.html

U.S. Economy getting better.

 

ECB keeps rates unchanged at 0.5 pct

http://finance.yahoo.com/news/ecb-keeps-rates-unchanged-0-141757372.html

Europe printed enough money to temporary prop up their economy. This will run out in September. China exports 25% of GDP to Europe. When Europe tanks, so does China.

Tags :  EuropeChina exportsunemploymentFedbondsUS economyFederal Reserve
Comments (0)
Friday, August 2, 2013
Unemployment rate drops to more than four-year low of 7.4%

Paul’s Economic Outlook:

The Federal Reserve stated in June that it would look at raising interest rates when unemployment nears 7%.

 

Suggested Reading:

162,000 jobs created in U.S. during July

Unemployment rate drops to more than four-year low of 7.4%

http://www.marketwatch.com/story/162000-jobs-created-in-us-during-july-2013-08-02?siteid=yhoof2

Federal Reserve stated in June that it would look at raising interest rates when unemployment nears 7%.

 

UPDATE: Gold Recoups Overnight Losses After Softer-Than-Forecast Jobs Report

http://www.kitco.com/news/2013-08-02/Gold-Recoups-Overnight-Losses-After-Softer-Than-Forecast-Jobs-Report.html

Misleading title. The second part of article explains short covering bigger reason on gold bouncing back. Watch what happens Monday.

 

Even when jobs return, Detroit's workers fall short on skills

http://finance.yahoo.com/news/even-jobs-return-detroits-workers-111000905.html

Socialism.

Comments (0)
Tuesday, June 18, 2013
Dollar gains, shares firm as markets await Fed

Paul’s Economic Outlook:

The Federal Reserve is tightening. Dollar up, gold down.

 

Suggested Reading:

Funds cut gold positions as Paulson’s loss widens

http://www.resourceinvestor.com/2013/06/17/funds-cut-gold-positions-as-paulsons-loss-widens?t=precious-metals

The Federal Reserve is tightening. Dollar up, gold down.

 

Dollar gains, shares firm as markets await Fed

http://ca.finance.yahoo.com/news/asian-shares-capped-upcoming-fed-meeting-jangles-nerves-022050484.html

Federal Reserve tightening. Dollar up, gold down.

 

UPDATE: Gold Extends Early Losses to Trade Solidly Lower, at 4-Week Low; Stops Hit

http://www.kitco.com/reports/KitcoNews20130618JW_Update.html

Federal Reserve tightening. Dollar up, gold down.

 

Comments (0)
Tuesday, June 18, 2013
Federal Reserve Tightening. Dollar up, Gold Down.

Paul’s Economic Outlook:

Federal Reserve tightening. Dollar up, gold down.

 

Funds cut gold positions as Paulson’s loss widens

http://www.resourceinvestor.com/2013/06/17/funds-cut-gold-positions-as-paulsons-loss-widens?t=precious-metals

 

Dollar gains, shares firm as markets await Fed

http://ca.finance.yahoo.com/news/asian-shares-capped-upcoming-fed-meeting-jangles-nerves-022050484.html

 

UPDATE: Gold Extends Early Losses to Trade Solidly Lower, at 4-Week Low; Stops Hit

http://www.kitco.com/reports/KitcoNews20130618JW_Update.html

Tags :  federal reservedollargoldpaulson
Comments (0)
Monday, June 17, 2013
Gold Weaker In Quiet Dealings; FOMC Meeting Awaited

Paul’s Economic Outlook:

Everyone is waiting in anticipation of the Federal Reserve meeting on June 18th Tuesday.

 

Suggested Reading

Kitco Metals Roundup: Gold Weaker In Quiet Dealings; FOMC Meeting Awaited

http://www.kitco.com/reports/KitcoNews20130617JW_am.html

Everyone is waiting in anticipation of the Federal Reserve meeting on June 18th Tuesday.

 

Faltering Economy in China Dims Job Prospects for Graduates

http://finance.yahoo.com/news/faltering-economy-china-dims-job-001502224.html

China’s house of cards is just starting to crumble.

Comments (0)
Thursday, June 13, 2013
Will the Federal Reserve End or Lower Operation Twist or QE3?

Paul’s Economic Outlook:

The markets are trying to factor in whether the Federal Reserve either do nothing or lower Operation Twist or QE3 on June 18th meeting. This lowering or ending could happen June 18th, July 30th or September 4th.

 

U.S. Oil Notches Record Growth

http://finance.yahoo.com/news/u-oil-notches-record-growth-233900221.html

World game changer.

 

Oil falls toward $95 as Asia stock market’s plunge

http://finance.yahoo.com/news/oil-falls-toward-95-asia-stock-markets-plunge-052302271.html

Half Truth. U.S. production and supplies increasing.

 

EU files WTO complaint over Chinese stainless steel duty

http://finance.yahoo.com/news/eu-files-wto-dispute-challenge-133703790.html

China exports 40% of its GDP. 25% of that goes to Europe. Looming train wreck.

 

The markets are trying to factor in whether the Federal Reserve either do nothing or lower Operation Twist or QE3 on June 18th meeting.

Tags :  Federal ReserveOilChinaQE3Operation Twist
Comments (0)
Tuesday, June 11, 2013
Markets Factoring in What the Federal Reserve Will Do in the June 18th Meeting.

Paul’s Economic Outlook:

Markets starting to factor in today what the Federal Reserve will do in the meeting on June 18th.

 

Oil falls on rising supply, central bank fears

http://news.yahoo.com/brent-holds-under-104-rising-071646237.html

The energy industry will lead the U.S. Private Sector (70% of U.S. GDP) out of this recession and deal with long term Government Debt through increased revenues. Federal Reserve shifting back to a normal capital money policy. Dollar up, oil and gold down.

 

Market Nuggets: OptionsXpress: Easing Concerns, ‘Mild’ Inflation, Indian Tax Hinder

http://www.kitco.com/reports/kitcoNewsMarketNuggets20130611.html

Federal Reserve shifting back to a normal capital money policy. Dollar up, oil and gold down.

 

More Americans quit jobs, a sign of confidence

http://finance.yahoo.com/news/more-americans-quit-jobs-sign-confidence-161601529.html

The energy industry will lead the U.S. Private Sector (70% of U.S. GDP) out of this recession and deal with long term Government Debt through increased revenues.

Tags :  oilfederal reserveenergyGDPprivate sector
Comments (0)
Monday, June 10, 2013
Since There is Nothing True to Report Today, Here Are Spins and Half Truths.

Pauls Economic Oulook:

Everyone is waiting for the June 18th Federal Reserve meeting. Since they have nothing true to report today, here are spins and half truths.

How the coming Debt-Ceiling Showdown Could Derail The Recovery

http://theweek.com/article/index/245378/how-the-coming-debt-ceiling-showdown-could-derail-the-recovery

Spin Article. This is the exact same line liberals were using before the spending sequester. Reaching the debt ceiling limit means the U.S. does pay all its bills, but has to layoff a lot of government workers and reduce pay and pensions.

Who Really Benefits from Inflation and Why You’re Not Wealthier

http://smallbusiness.yahoo.com/advisor/really-benefits-inflation-why-not-wealthier-132913683.html

Spin Article. The Federal Reserve printing money (inflation) helps the government, stock market, banks and foreign markets. The U.S. private sector (70% of U.S. GDP) watch our hard earned dollars losing their buying power. The U.S. private sector (70% of U.S. GDP) have no access to capital. The Federal Reserve is shifting from Iinflation to deflation which will reverse this situation.

Gas Prices Are All Over the Place, Here's Why:

http://finance.yahoo.com/news/gas-prices-over-place-heres-125227743.html

Half Truth. What they say in the article is true, but leaves out one important piece of information: supply and demand. Sideways drilling and fracturing will increase U.S. oil supply and drive prices down. As the supply increases, the refineries have to expand.

Comments (0)
Monday, June 10, 2013
Upcoming Federal Reserve Meeting

Paul’s Economic Outlook:

Everyone is waiting for the June 18th Federal Reserve meeting. Since they have nothing true to report today, here are spins and half truths.

 

Suggested Reading:

How the coming debt-ceiling showdown could derail the recovery

http://theweek.com/article/index/245378/how-the-coming-debt-ceiling-showdown-could-derail-the-recovery

Spin Article. This is the exact same line liberals were using before the spending sequester. Reaching the debt ceiling limit means the U.S. does pay all its bills but has to layoff a lot of government workers and reduce pay and pensions.

 

Who Really Benefits from Inflation and Why You’re Not Wealthier

http://smallbusiness.yahoo.com/advisor/really-benefits-inflation-why-not-wealthier-132913683.html

Spin Article. The Federal Reserve printing money (inflation) helps the government, stock market, banks and foreign markets. The U.S. private sector (70% of U.S. GDP) watch our hard earned dollars losing their buying power. The U.S. private sector (70% of U.S. GDP) has no access to capital. The Federal Reserve is shifting from Inflation to deflation which will reverse this situation.

 

Gas Prices Are All Over the Place, Here's Why

http://finance.yahoo.com/news/gas-prices-over-place-heres-125227743.html

Half Truth. What they say in the article is true but leaves out one important piece of information: supply and demand. Sideways drilling and fracturing will increase U.S. oil supply and drive prices down. As the supply increases the refineries have to expand.

 

Comments (0)
Friday, June 7, 2013
U.S. Monetary Policy Shifting to a Pro Growth Policy for the Private Sector.

Paul’s Economic Outlook:

Dollar up, gold and oil down. Watch the Federal Reserve meeting on June 18th.

 

Oil falls below $95 after US jobs report

http://finance.yahoo.com/news/oil-falls-below-95-us-jobs-report-135935007--finance.html

Dollar up, gold and oil down. Supplies should be high enough at the end of the summer to drive oil prices down to $65 to $75 per barrel.

 

Seven of the most important, but least viewed, charts on US jobs

http://finance.yahoo.com/news/seven-most-important-least-viewed-150438344.html

U.S. Private Sector (70% of U.S. GDP) is growing.

 

Gold Update: Gold Sees Selling Pressure Accelerate As U.S. Dollar Firms, Sell Stops Triggered

http://www.kitco.com/reports/KitcoNews20130607JW_update.html

Gold is roller coasting downhill. Next big drop should be the next Federal Reserve meeting June 18th.

Tags :  Federal reserveoilus jobsprivate sectorgoldGDP
Comments (0)
Wednesday, June 5, 2013
Gold Sell offs continuing in expectation of the Federal Reserve tightening U.S. Money Policy.

Paul’s Economic Outlook:

Gold sell offs are increasing in anticipation of the Federal Reserve tightening U.S. money policy putting the U.S. dollar into a slight deflationary cycle. Watch Jobs report on June 7th, as it will have a psychosocial effect to the markets. The Federal Reserve should be tightening policy either June 18th or July 30th no matter what the U.S. economic data. Foreign markets are in turmoil and it will grow as the U.S. recovers. Don’t bet against the U.S. economy long term. Never a good bet.

 

Gold Sales Came to $6 Billion Last Month as Stocks Assets Gained

http://www.bloomberg.com/news/2013-06-05/gold-sales-came-to-6-billion-last-month-as-stocks-assets-gained.html

Major sell offs.

 

Eurozone Growth Elusive Ahead Of U.S. Jobs Data

http://www.forbes.com/sites/deanpopplewell/2013/06/05/eurozone-growth-elusive-ahead-of-u-s-jobs-data/?partner=yahootix

Spin. Jobs data is psychosocial. When the Federal Reserve tightens policy is everything.

 

China slams EU solar duties, launches wine probe

http://finance.yahoo.com/news/china-slams-eu-solar-duties-launches-wine-probe-095843615.html

People (China) who live in glass houses should not throw stones.

 

Tags :  goldfederal reserveeuroeurozonechinaeu
Comments (0)
Tuesday, June 4, 2013
Quiet Day for the U.S. Economy

Paul’s Economic Outlook:

 

 A.M. Kitco Metals Roundup: Gold Lower Amid Firmer U.S. Dollar; Trading Remains Choppy

http://www.kitco.com/reports/KitcoNews20130604JW_am.html

Economic data on 45% of China’s GDP to be released June 5th. Economic date on non-farm jobs in U.S. to be released June 7th. Federal Reserve meeting on June 18th.

Tags :  kitcogoldchina gdpfederal reserve
Comments (0)
Monday, June 3, 2013
Overall U.S. Economy Expanding While Foreign Economies are Contracting.

Paul’s Economic Outlook:

U.S. domestic economy, lead by the private sector (70% of U.S. GDP) is doing better. U.S. export economy, driven by large publically traded companies and the government (30% of U.S. GDP) is contracting. Manufacturing is down due to lower exports causing a short term drop on dollar and spike on gold. Watch June 5th when economic data for over 45% of China’s GDP is released. Watch June 18th when the Federal Reserve meets again.

  

US manufacturing gauge sinks to June 2009 level

http://finance.yahoo.com/news/us-manufacturing-gauge-sinks-june-2009-level-141555002.html

Read entire article. Overall U.S. economy doing better.

 

Gold Update: Gold Extends Early Gains as U.S. Dollar Index Slumps

http://www.kitco.com/reports/KitcoNews20130603JW_update.html

Manufacturing is down due to lower exports, but overall U.S. economy is doing better. This is a short term drop on dollar and spike on gold.

 

A tale of two PMIs shows China’s growth conundrum

http://finance.yahoo.com/news/tale-two-pmis-shows-china-052944723.html

Watch June 5th when economic data for over 45% of China’s GDP is released.

Tags :  goldu.s. economycontractingexpandingfederal reservegdpchina
Comments (0)
Friday, May 31, 2013
U.S. economy expanding, foreign economies contracting.

Paul’s Economic Outlook:

U.S. economy expanding, foreign economies contracting. Watch June 18 Federal Reserve meeting as the next big event. Dollar up, gold down.

 

Gold Update: Gold Extends Early Losses as Stronger U.S. Economic Data Reported

http://www.kitco.com/reports/KitcoNews20130531JW_update.html

U.S. dollar and economy strengthening.

 

Fannie Freddie Seesaw Ride Far From Over

http://www.thestreet.com/story/11938328/1/fannie-freddie-seesaw-ride-far-from-over.html?puc=yahoo&cm_ven=YAHOO

Government needs to get out of the housing and student loan business.

 

19.4 million euro zone members can’t find work—and it’s only going to get worse

http://finance.yahoo.com/news/19-4-million-euro-zone-130047270.html

Socialism is great until you run out of money.

Tags :  goldfannie mayfreddie macjobssocialismfederal reserveeuro
Comments (0)
Wednesday, May 29, 2013
Interest rates up in anticipation of the Federal Reserve tightening monetary policy

Paul’s Economic Outlook:

The Federal Reserve is shifting back to a strong U.S. dollar and the U.S. economy is shifting back to normal capitalism. There will be a lot of volatility, but the U.S. is in recovery and expanding. You need to look at all your investments from a strong dollar perspective.

Suggested Reading

The Long-Term Implications of Today's Dow Drop

http://www.fool.com/investing/general/2013/05/29/the-long-term-implications-of-todays-dow-drop.aspx

Interest rates up in anticipation of the Federal Reserve tightening monetary policy. Dollar up. Bonds, treasuries and stock market down.

 

US banks report record earnings of $40.3B for Q1

http://finance.yahoo.com/news/us-banks-report-record-earnings-40-3b-q1-140234459.html

U.S. banking system became strongest banking system in the world again.

 

Market Nuggets: Platinum Prices Could Rise Later This Year – optionsXpress

http://www.kitco.com/reports/kitcoNewsMarketNuggets20130529.html

Demand increases from the auto, oil, electronics and jewelry industries will push platinum up while gold tanks.

 

Why worse-than-expected German unemployment could be a good thing for the euro zone

http://finance.yahoo.com/news/why-worse-expected-german-unemployment-121532218.html

Spin article. This is another signal that Germany is about to pull out of the Euro.

Comments (0)
Wednesday, May 29, 2013
U.S. Banks Shifting to a Strong U.S. Dollar Policy

Paul’s Economic Outlook:

The Federal Reserve is shifting back to a strong U.S. Dollar. The U.S. economy is shifting back to normal capitalism. There will be a lot of volatility, but the U.S. is in recovery and expanding. You need to look at all of your investments from a king dollar perspective.

Suggested Reading: 

The Long-Term Implications of Today's Dow Drop

http://www.fool.com/investing/general/2013/05/29/the-long-term-implications-of-todays-dow-drop.aspx

Interest rates are up in anticipation of the Federal Reserve tightening monetary policy. The dollar is up while bonds, treasuries and stock market is down.

 

US banks report record earnings of $40.3B for Q1

http://finance.yahoo.com/news/us-banks-report-record-earnings-40-3b-q1-140234459.html

U.S. banking system became the strongest banking system in the world again.

 

Market Nuggets: Platinum Prices Could Rise Later This Year – optionsXpress

http://www.kitco.com/reports/kitcoNewsMarketNuggets20130529.html

Demand increases from the auto, oil, electronics and jewelry industries will push platinum up while gold tanks.

 

Why worse-than-expected German unemployment could be a good thing for the euro zone

http://finance.yahoo.com/news/why-worse-expected-german-unemployment-121532218.html

Spin article. This is another signal that Germany is about to pull out of the Euro.

Comments (0)
Thursday, May 9, 2013
Gold Weaker On Technical Chart Consolidation, More Weak China Economic Data

Paul’s Economic Outlook:

It will be pretty quiet until May 22nd when the Federal Reserve will release the meetings minutes.

 

Hedge fund chief Paulson loses big on gold

http://finance.yahoo.com/news/hedge-fund-chief-paulson-big-142913161.html

So much for the people recommending gold.

 

Kitco Metals Roundup: Gold Weaker On Technical Chart Consolidation, More Weak China Economic Data

http://www.kitco.com/reports/KitcoNews20130509JW_am.html

Dollar up, gold down.

 

Student Loan Debt: How Much is Too Much?

http://finance.yahoo.com/news/student-loan-debt-much-too-100043362.html

Student loan bubble and bond/treasury bubble still looming ahead. Both will move money out of bonds, treasuries and student loan bundles to corporate stocks.

Comments (0)
Wednesday, May 8, 2013
Oil slips on expectation of bigger US supplies

Paul’s Economic Outlook:

The private sector (70% of the U.S. GDP) is growing. May 22nd the Federal Reserve minutes will be released. Pay attention to what the minutes say.

 

Oil slips on expectation of bigger US supplies

http://finance.yahoo.com/news/oil-slips-expectation-bigger-us-supplies-164602203.html

Oil prices heading toward $65 to $75 per barrel.

 

Freddie Mac posts $4.6B net income for Q1

http://news.yahoo.com/freddie-mac-posts-4-6b-123438749.html

Housing is slowly recovering.

 

Comments (0)
Thursday, May 2, 2013
Jobless claims fall sharply to five-year low

Paul’s Economic Outlook:

Quantitative Easing (QE) in the U.S was supposed to create jobs, but it is having the reverse effect at this time. QE is restricting the private sector’s (70% of the U.S. GDP) growth and thus keeping jobs down. The Federal Reserve knows their policies have become restrictive and they are in the process of pivoting. The Fed stated this in the December and January minutes. They are planning on ending QE3 and Operation twist mid 2013. This will put the U.S. dollar in a slight deflationary cycle. Dollar up, gold down.

 

Suggested Reading:

Gold powers ahead after ECB cuts interest rates

http://www.marketwatch.com/story/gold-rises-as-investors-eye-monetary-stimulus-2013-05-02

Temporary, watch U.S. economic reports on Friday and the Federal Reserve minutes that will be released May 22.

 

ECB Cuts Rates; Jobless Claims Plummet; Facebook Brings Smiles

http://finance.yahoo.com/blogs/hot-stock-minute/ecb-big-rate-decision-latest-jobs-report-facebook-110453791.html

QE in the U.S. is to create jobs, but it is having the reverse effect at this time. QE is restricting the private sector (70% of the U.S. GDP) growth, keeping jobs down.

 

Jobless claims fall sharply to five-year low

http://finance.yahoo.com/news/jobless-claims-fall-sharply-five-123407216.html

QE in the U.S. is to create jobs, but it is having the reverse effect at this time. QE is restricting the private sector (70% of the U.S. GDP) growth, keeping jobs down.

Comments (0)
Wednesday, May 1, 2013
Fed holds steady in face of weak data

Paul’s Economic Outlook:

It is all about the Fed. They know Quantitative Easing is not helping anymore and are trying to shift away from QE incrementally as to not shock the financial institutions.

 

Suggested Reading:

Fed holds steady in face of weak data

Says fiscal policy is restraining growth

http://www.marketwatch.com/story/fed-holds-steady-in-face-of-weak-data-2013-05-01

Federal Reserve minutes for this meeting will be released May 22 and the next meeting is June 18.

Comments (0)
Friday, April 26, 2013
Gold Takes a Temporary Bounce

Paul’s Economic Outlook:

Temporary bounce on gold. Watch the next 3 weeks for another down. There is a Federal Reserve meeting on April 30th and May 1st. Congress should finish the Debt Ceiling Limit bill buy the 2nd week of May. More positive data on U.S. economy and U.S. dollar. More negative data on foreign economies, currencies and gold.

Suggested Reading: 

A.M. Kitco Metals Roundup: Comex Gold Solidly Higher on Technical Buying, Weaker U.S. Dollar Index

http://www.kitco.com/reports/KitcoNews20130425JW_am.html

Temporary. They did not include the gold sell off numbers in the reporting.

 

Forget China: Meet The 21st Century's New Export Leader

http://finance.yahoo.com/news/forget-china-meet-21st-centurys-193000437.html

Manufacturing coming back to U.S.

Comments (0)
Monday, April 8, 2013
Currency Hedged Japan ETF Rallies 40% on Plunging Yen

Paul’s Economic Outlook:

The rest of the world is in a currency war and devaluing their currency. Think of the currency war as an equation. The U.S. dollar is on one side of the equation (world reserve currency). All other currencies are on the other side of the equation including precious metals. The U.S. started to slow down the devaluation of the dollar in November 2011. The U.S. dollar has gone from 71 points to 83 points in the last year and a half. The Federal Reserve already stated in the January minutes that they would be looking at ending QE3 and Operation Twist in mid 2013. The U.S. dollar has been strengthening because everyone else has been destroying their currencies at a faster rate than the U.S.

When the Federal Reserve ends QE3 and Operation Twist, the U.S. dollar should actually strengthen on its own.

Suggested Articles:

Currency Hedged Japan ETF Rallies 40% on Plunging Yen
http://finance.yahoo.com/news/currency-hedged-japan-etf-rallies-142338352.html
Yen down, dollar up, gold down.

Austria feels heat of EU's anti-bank-secrecy drive
http://finance.yahoo.com/news/austria-feels-heat-eus-anti-124411945.html
Euro down, dollar up, gold down.

Cyprus is edging towards euro exit
http://finance.yahoo.com/news/cyprus-edging-towards-euro-exit-094959911.html
Euro down, dollar up, gold down.

Comments (0)
Thursday, April 4, 2013
Japan central bank revamps policy to boost economy

Paul’s Economic Outlook:

Watch for a stock market correction in second quarter and a 2nd stock market correction when the Federal Reserve raises interest rates. The rest of the world is debasing the currency. The U.S. started to change policies from debasing to strengthening since October 2011 (71 points to 83 points in a year and a half). This trend will excelerate.

Suggested Reading:

Japan central bank revamps policy to boost economy
http://finance.yahoo.com/news/japan-central-bank-revamps-policy-boost-economy-081553143--finance.html
Spin article. Yen down, dollar up, gold down.

Modest Jobs Growth Expected to Continue
http://finance.yahoo.com/news/modest-jobs-growth-expected-continue-133600937.html
U.S. Private Sector (70% of U.S. GDP) is adding jobs. The Public Sector (30% of U.S. GDP) is losing jobs. Dollar up, gold down.

Kitco Metals Roundup: Sell Off in Gold Continues as Prices at 10-Month Low; Serious Chart Damage Inflicted
http://www.kitco.com/reports/KitcoNews20130404JW_am.html
Dollar up, gold gown.

Video Interview

Power Trading Radio interview with Paul Buzby on Precious Metals & Rare U.S. Coins
 

Comments (0)
Monday, April 1, 2013
Why Only Obama Can Save Europe Now

Paul’s Economic Outlook:

The U.S. private sector is recovering slower than normal because of government and Federal Reserve policy. Despite this, we are still recovering. Starting 9 years ago, the rest of the world bet against the U.S. economy and profited while the U.S. dollar was devalued (21% between 2004 and 2011). Things have changed. These foreign economies have to decide to either get back into bed with the U.S. private sector and the dollar or watch their economies crash. The U.S. is 25% of the world GDP and exports more food than all the other countries in the world. Fifty percent of the world gold reserves reside in the U.S. and new technology in energy should cause the U.S. energy industry to explode for the next 25 to 30 years. You either jump on the U.S. band wagon or watch your economy fall.

Why Only Obama Can Save Europe Now
http://finance.yahoo.com/news/why-only-obama-save-europe-135359654.html
Spin article. Obama can only give hard earned U.S. citizens money to Europe to prop them up. A recovering U.S. Private Sector (70% of the U.S. GDP) which is recovering in spite of the Federal Government can increase trade which will help Europe.

Cyprus Debacle Shows Not All Euros Are Equal
http://finance.yahoo.com/blogs/daily-ticker/cyprus-debacle-shows-not-euros-equal-151705295.html
More troubles to come. Spain, Portugal, Italy, Ireland, Greece and now Cyprus will have to deal with all of these debt issues again in August.

Euro Faces Record-High Unemployment, Slower Inflation
http://finance.yahoo.com/news/euro-faces-record-high-unemployment-130200009.html
Socialism is great until you run out of money.

Comments (0)
Tuesday, March 19, 2013
Ahead of the Fed: Look for Clues About Tapering Bond Purchases, Says Johnson

Paul’s Economic Outlook:

Today Cyprus votes on the savings account tax, the Federal Reserve minutes will be released on Thursday and the ongoing debt ceiling limit could push up gold prices . Once all these events are over, the dollar should go up, and gold prices back down.

Suggested Reading:

Ahead of the Fed: Look for Clues About Tapering Bond Purchases, Says Johnson
http://finance.yahoo.com/blogs/breakout/ahead-fed-look-clues-tapering-bond-purchases-says-143234396.html

Outgoing Bank of Japan head warns no quick fix to Japan's deflation
http://finance.yahoo.com/news/outgoing-bank-japan-head-warns-103534524.html

Cramer: Bears Overhyped Cyprus Bailout Plan
http://finance.yahoo.com/news/cramer-bears-overhyped-cyprus-bailout-105335966.html

Cyprus Set to Reject Tax on Bank Deposits
http://finance.yahoo.com/news/cyprus-set-reject-tax-bank-091843976.html

Comments (0)
Thursday, March 14, 2013
Gold extends losses into a second day - Prices undermined by jobless-claims data

Paul’s Economic Outlook:

U.S. Banks work like the oil futures market, they raise rates to where they think the Federal Reserve will be in 6 months.

Gold extends losses into a second day - Prices undermined by jobless-claims data
http://www.marketwatch.com/story/gold-undermined-by-jobless-claims-data-2013-03-14
U.S. Economy up, Dollar up, gold down.

Gold's Future Does Not Look Shiny
http://beta.fool.com/za0696fede/2013/03/14/golds-future-does-not-look-shiny/26877
U.S. Economy up, Dollar up, gold down.

U.S. 30-Year Mortgage Rates Rise to a Six-Month High
http://www.bloomberg.com/news/2013-03-14/u-s-30-year-mortgage-rates-rise-to-a-six-month-high.html
U.S. Banks work like the Oil Futures market. They raise rates to where they think the Federal Reserve will be in 6 months.

Jobless Claims Unexpectedly Fall as Labor Market Improves
http://www.bloomberg.com/news/2013-03-14/jobless-claims-unexpectedly-fall-as-u-s-labor-market-improves.html
U.S. Banks work like the Oil Futures market. They raise rates to where they think the Federal Reserve will be in 6 months.

Treasurys fall as jobless claims surprise - Treasury Department scheduled to sell 30-year bonds on Thursday
http://www.marketwatch.com/story/treasurys-fall-as-jobless-claims-surprise-2013-03-14
U.S. Banks work like the Oil Futures market. They raise rates to where they think the Federal Reserve will be in 6 months.

Business Spending Rises as U.S. Profits Grow: Economy
http://www.bloomberg.com/news/2013-03-06/business-spending-outlook-improves-as-u-s-profits-grow-economy.html
U.S. Banks work like the Oil Futures market. They raise rates to where they think the Federal Reserve will be in 6 months.

TREASURIES-Price losses extended in the wake of jobless claims data
http://www.reuters.com/article/2013/03/14/markets-usa-bonds-idUSL1N0C62CE20130314
U.S. Banks work like the Oil Futures market. They raise rates to where they think the Federal Reserve will be in 6 months.

Tags :  goldUS economybankstreasuriesfedfederal reserveinterest rates
Comments (0)
Monday, March 11, 2013
Quantitative Easing: The Greatest Con Ever Sold

Paul’s Economic Outlook:

The U.S. dollar is the world reserve currency. There are two sides of the equation to look at. The U.S. dollar is one side of the equation and foreign currencies and gold are on the other side of the equation. In the last year, the U.S. Dollar index has increased from 71 points to 82 points, compared to other currencies. When the Federal Reserve raises interest rates the U.S. Dollar will become king. The Federal Reserve minutes project that they will explore ending operation twist and QE3 in mid-2013 (this summer) and raising interest rates when unemployment nears 6.5% or inflation nears 2.5%. We will probably see one of these by the end of 2013.

Suggested Reading:

Quantitative Easing: The Greatest Con Ever Sold
http://www.minyanville.com/business-news/markets/articles/Quantitative-Easing253A-The-Greatest-Con-Ever/3/11/2013/id/48629?camp=syndication&medium=portals&from=yahoo
Good Article.

UPDATE 2-Kenya to issue $1 bln debut Eurobond after peaceful vote
http://www.reuters.com/article/2013/03/11/kenya-eurobond-idUSL6N0C35QS20130311?feedType=RSS&feedName=bondsNews&rpc=43
More debt.

Egypt studying IMF bridging loan offer - source
http://www.reuters.com/article/2013/03/11/egypt-imf-idUSL6N0C3AVA20130311?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43
More debt.

US STOCKS-Wall St set to slip after China data, Italy downgrade
http://www.reuters.com/article/2013/03/11/markets-usa-stocks-idUSL1N0C320820130311?feedType=RSS&feedName=cyclicalConsumerGoodsSector&rpc=43
Italy, more debt.

Comments (0)
Tuesday, March 5, 2013
Dow Reaches Record High, Spurred by Fed and Profits

Paul’s Economic Outlook:

The Federal Reserve is making easy money available for the stock market, government and public unions (30% of the U.S. GDP). But they are not offering “easy money” for the private sector (70% of the U.S. GDP). The public sector is a bubble that is going to take some pretty good knocks in next 2 years. The private sector is recovering slowly, in spite of the public sector.

Dow Reaches Record High, Spurred by Fed and Profits
http://www.nytimes.com/2013/03/06/business/daily-stock-market-activity.html?partner=yahoofinance&_r=0
Easy money for stock market, Government and Public Unions. No money for the private sector.

Student Loans: The New Subprime?
http://video.cnbc.com/gallery/?video=3000151942&__source=yahoo%7Cheadline%7Cother%7Cvideo%7C&par=yahoo#
This is a future financial and education bubble.

Young Adults Retreat From Piling Up Debt
http://finance.yahoo.com/news/young-adults-retreat-piling-debt-014700204.html
Brained washed to go into debt for decades for an advanced education. There are too many with advanced educations already.

Is the Drop in Gold Mining Stocks a Warning Sign for Gold?
http://finance.yahoo.com/news/drop-gold-mining-stocks-warning-212721019.html
Red Flag.

Comments (0)
Tuesday, February 26, 2013
Stimulus Isn't Leading to Higher Inflation: Bernanke

Bernanke is supporting the executive branch policies today. Although, this is not what they will do. There is growing discontent in the Fed on QE3, Operation Twist, and Low Interest Rates.

Suggested Reading:

Stimulus Isn't Leading to Higher Inflation: Bernanke
http://www.cnbc.com/id/100496086
Published: Tuesday, 26 Feb 2013 | 10:26 AM ET

Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.

During the question and answer session, Bernanke said that accommodative monetary policy has not meant a trade-off between the Fed's dual mandate to promote maximum employment and keep inflation in check. "It has supported real growth in employment and kept inflation close to our target," he told the Senate panel.

The Fed chairman also urged lawmakers to avoid sharp spending cuts set to go into effect on Friday, which he warned could combine with earlier tax increases to create a "significant headwind" for the economic recovery.

Bernanke said Fed policymakers are cognizant of potential risks from their extraordinary support for the economy, including the possibility the public loses confidence in the central bank's ability to unwind its stimulus smoothly or the potentially destabilizing effect of low rates on key markets.
But he added these did not seem material at the moment, adding the central bank has all the tools it needs to retreat from its monetary support in a timely fashion.
"To this point, we do not see the potential costs of the increased risk-taking in some financial markets as outweighing the benefits of promoting a stronger economic recovery and more rapid job creation," Bernanke said in remarks prepared for delivery to the Senate Banking Committee.

Minutes of the Fed's Jan. 29-30 policy meeting, released last week, showed that a number of officials felt the potential risks posed by buying bonds could warrant tapering or ending the program before hiring picks up. However, several others argued there was a danger in halting it prematurely.
Bernanke appeared to be in the latter camp, citing improvements in the housing and auto sectors and tracing them in part to the Fed's stimulus.

He also noted that inflation, one of the risks most often cited by critics of the central bank's so-called quantitative easing, remains projected to stay at or below the Fed's 2 percent target for the foreseeable future.

In response to the financial crisis and deep recession of 2007-2009, the Fed not only slashed official interest rates to effectively zero but also bought more than $2.5 trillion in mortgage and Treasury debt in an effort to push down long-term interest rates and spur investment.

The Fed is currently buying $85 billion in bonds each month and has said it plans to keep purchasing assets until it sees a substantial improvement in the outlook for the labor market.

In unusually direct remarks on fiscal policy, Bernanke warned that the near-term spending cuts known as the sequester, which are set to take hold later this week, threaten an already challenged economic expansion.

"The Congress and the administration should consider replacing the sharp, frontloaded spending cuts required by the sequestration, with policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run," Bernanke said.
"A substantial portion of the recent progress in lowering the deficit has been concentrated in near-term budget changes, which, taken together, could create a significant headwind for the economic recovery," he said.

The U.S. economy braked sharply in the fourth quarter, but is generally forecast to grow around 2 percent or more this year. Unemployment has remained elevated, and registered 7.9 percent in January.

Bernanke said persistent joblessness was a scourge with potentially long-lasting effects for the United States.

"High unemployment has substantial costs, including not only the hardship faced by the unemployed and their families, but also the harm done to the vitality and productive potential of our economy as a whole," Bernanke said.

Comments (0)
Friday, February 15, 2013
Kitco Metals Roundup: Gold Sharply Lower, at 6-Mo. Low, on Heavy Technical Selling

Paul’s Economic Outlook:

There are a series of events that will take place over the next 12 months pushing gold prices down. The U.S. Government will not kick the can down the road on the spending sequester and deficit ceiling. Operation Twist and QE3 come to an end. The Federal Reserve starts raising the Interest rate every 3 months in .25% increments. They will do one of these at a time with about 3 months in between each so as not to shock the financial system.

Kitco Metals Roundup: Gold Sharply Lower, at 6-Mo. Low, on Heavy Technical Selling
http://www.kitco.com/reports/KitcoNews20130215JW_am_update.html
This is just the start.

Exclusive: Turkey to Iran gold trade wiped out by new U.S. sanction
http://news.yahoo.com/exclusive-turkey-iran-gold-trade-wiped-u-sanction-122950419.html
More gold available.

Comments (0)
Monday, February 11, 2013
Gold hit on worry of possible G-7 currency salvo

Paul’s Economic Outlook:

The important thing to watch this week is the G-7. Don’t buy into the currency war line. What counts is the difference between the reserve currency (U.S. Dollar) compared to all other currencies. If everyone inflates their currencies and the U.S. is not stable, the dollar will be flat, and gold will be flat. If everyone else inflates and the U.S. is stable, the dollar will go up, and gold will go down. If the U.S. inflates their currency and everyone else is stable, the dollar will go down, and gold will go up.

Current statements from the Federal Reserve and the history of foreign policy lean toward other countries inflating their currency. Since the U.S. is stable, the dollar should go up, and gold price should go down.

Gold hit on worry of possible G-7 currency salvo
http://www.marketwatch.com/story/gold-edges-higher-as-dollar-weakens-2013-02-10
Watch what happens later this week.

State workers face smaller pension benefits
http://finance.yahoo.com/news/state-workers-face-smaller-pension-104700617.html
All the jr. workers will get left out.

In Medicaid, a New Health-Care Fight
http://finance.yahoo.com/news/medicaid-health-care-fight-034900518.html
Wait till the full impact hits the states in next 3 years. Completely unsustainable.

How Obama is wielding executive power in 2nd term
http://news.yahoo.com/obama-wielding-executive-power-2nd-term-125939108--politics.html
This will bypass congress. Rule by executive order and regulations. Supreme Court will take 2 years to overturn unconstitutional orders and regulations. The one good thing is the next president can get rid of every single one of these orders and regulations

Comments (0)
Monday, February 4, 2013
This is Housing Bubble 2.0: David Stockman

Paul’s Economic Outlook:

Last week, I was at the Orlando Money Show presenting some new ways to invest in alternative assets. I am back from the show with some new advice on the economy and government.

Right now, most of the U.S. Government (Fed, state, and cities) is raising taxes. The Federal Reserve is protecting the government, banks, stock market and corporations. We will not see a change until the end of April. You should expect slightly increasing markets until the end of April. After April, we will see major volatility as the Federal Reserve starts strengthening the U.S. dollar so our government can reap the benefits of the new taxes. As the dollar strengthens , the private sector will expand, which will increase revenues to the government plus additional revenue from the new taxes. This is what the last two years of political theater has all been about. The U.S. people voted for more taxes and nominal spending cuts. I don’t think the average person has any idea how much more taxes everyone will be paying in next 4 months.

Key an eye on bonds and treasuries. They are the next financial bubble. Raising the Federal Reserve interest rate just 1% could cause you to lose 15% to 20% of the face value of the bond or treasury.

This is Housing Bubble 2.0: David Stockman
http://finance.yahoo.com/blogs/daily-ticker/housing-bubble-2-0-david-stockman-133026817.html?l=1
The paper money crutch is holding up housing market. We need to raise Federal Reserve interest rates and deal with the issue.

Low Rates Force Companies to Pour Cash Into Pensions
http://finance.yahoo.com/news/low-rates-force-companies-pour-041100576.html?l=1
The paper money crutch is holding down private sector. We need to raise Federal Reserve interest rates and deal with the issue.

The 5 Highest Tax States for Top Earners
http://finance.yahoo.com/news/5-highest-tax-states-top-131457899.html
Half truth. These five states have the highest taxes on everyone, not just the top 1%.

Obama: more tax revenue needed to address deficit - CBS
http://health.yahoo.net/news/s/nm/obama-more-tax-revenue-needed-to-address-deficit-cbs
There are more taxes coming for everyone.

Comments (0)
Thursday, January 31, 2013
Markets edgy as US payrolls loom

Markets edgy as US payrolls loom
http://finance.yahoo.com/news/markets-edgy-us-payrolls-loom-105132643.html

Dow edges lower, still headed for stellar January
http://finance.yahoo.com/news/dow-edges-lower-still-headed-164522474.html

US consumer spending up slight 0.2 percent
http://finance.yahoo.com/news/us-consumer-spending-slight-0-133933209.html

The Fed’s Actions Are Counterproductive: Jim Grant
http://finance.yahoo.com/blogs/daily-ticker/fed-actions-counterproductive-jim-grant-150817263.html
The housing and labor markets are recovering, but the Fed can’t take credit for this.

Fed Statement Following January Meeting
http://blogs.wsj.com/economics/2013/01/30/fed-statement-following-january-meeting-3/
Although strains in global financial markets have eased somewhat, the Committee continues to see downside risks to the economic outlook.

Comments (0)
Thursday, January 17, 2013
U.S. business executives call for raising retirement age to 70

Paul’s Daily Economic Outlook:

There are three things leading to a stronger U.S. economy and dollar. They are stability, investment capital, and a competitive advantage. We covered stability yesterday. Today, we will go over the availability of investment capital.

Part 2:

Investment capital or velocity of the dollar has been non-existent for the last 4 years. This is now changing. The Federal Reserve stated in December they would look at raising Federal Reserve interest rates when unemployment nears 6.5%. The Federal Reserve stated in January they had concerns about buying additional U.S. bonds and treasuries and would be looking at ending QE3 and Operation twist in mid 2013. The Fed owns $4 trillion bonds and treasuries which they will stop rolling over. QE1, QE2 and QE3 resulted in about $2 trillion in bonds and treasuries, which will be allowed to mature. When the Fed decides to raises the interest rates, U.S. banks will lower their criteria and start lending the 11 trillion they have been sitting on. Private businesses have stock piled $3 trillion in cash to compensate for banks not lending. Now that the election is over, a deal could be made to allow $4 trillion profits outside of the U.S. to have a onetime exemption to return. This would make $24 trillion available for investment capital. I will discuss competitive advantage tomorrow. Things are getting better, but there will be a lot of volatility over the next year.

Recommended Articles:

U.S. business executives call for raising retirement age to 70
http://finance.yahoo.com/news/u-business-executives-call-raising-232942268.html
An example of more spending by government with less return.

High cost of raising the Medicare age
http://finance.yahoo.com/news/high-cost-raising-medicare-age-105500023.html
An example of more spending by government with less return.

New mortgage rules aim to protect homeowners from foreclosure
http://finance.yahoo.com/news/mortgage-rules-aim-protect-homeowners-062700866.html
These are short term solutions that hurt the homeowner and economy long term.

Debt debate puts brakes on mortgage rates
http://finance.yahoo.com/news/debt-debate-puts-brakes-mortgage-080121786.html
These are short term solutions that hurt the homeowner and economy long term.

Gold Update: Gold Sells Off following Upbeat U.S. Economic Data
http://www.kitco.com/reports/KitcoNews20130117JW_update.html
U.S. Private Sector (70% of U.S. GDP) is getting better, in spite of the government.

Comments (0)
Tuesday, January 8, 2013
Paul’s Economic Corner:

Paul’s Economic Corner:

Europe is down because of the Federal Reserve statements on stopping QE3, operation twist and changing raising interest rates to 6.5% unemployment. Overall, it is quiet in the U.S. economy today. Washington is setting the lines for the debt ceiling debate; which is when we will see much volatility. What is happening with the Federal Reserve and the Energy Industry are much more important.

 Recommended Articles:

Unemployment risks creating new divide in Europe
http://news.yahoo.com/unemployment-risks-creating-divide-europe-144429837--finance.html
This will get worse. The present administration thinks this is the route the U.S. should follow. 

A.M. Kitco Metals Roundup: Gold Firmer on More Short Covering, Bargain Hunting
http://www.kitco.com/reports/KitcoNews20130108JW_am.html
Dollar is up because of the Euro. Gold is up because of looming debt ceiling limit. Afterwards, gold will start going down as dollar goes up.

Comments (0)
Monday, January 7, 2013
End Game of U.S. Quantitative Easing: A Death Nail to Gold

Paul’s Economic Corner:

End Game of U.S. Quantitative Easing: A Death Nail to Gold

What has changed? The Federal Reserve announced in December 2012, it will look at raising Federal Interest Rates when unemployment falls below 6.5%. The Federal Reserve announced in January 2013, it will look at stopping QE3 and Operation twist by the end of 2013.

What will be the impact? The U.S. Dollar will go up, and commodities down. Foreign investment capital will flee back to the U.S. dollar and businesses. U.S. Banks will have a reason to lend money again because the velocity of the dollar goes up and more investment capital becomes available. There will be volatility in the U.S. stock, bond, and treasury Market.

But why now? The Federal Reserve is more worried about inflation than deflation and is personally holding 4 Trillion U.S. bonds and treasuries. The U.S. Fiscal Cliff Compromise, Debt Ceiling Limit, spending cuts and impending government regulations will be mostly implemented by the end of March, bringing stability on the tax code, government debt and government Regulations. After these issues, the U.S. government will be in Grid Lock. A strong U.S. dollar, available investment capital, and stability on the rules will allow U.S. businesses to come up with viable business plans and start growing again. The U.S. energy industry will lead this growth with fracturing and sideways drilling which are profitable at $65 per barrel. U.S. manufacturing, agriculture and transportation become globally competitive at this level.

Alternative investment options: Low risk tangible assets that are neutral or benefit from a strengthening dollar such as long-established U.S. rare coins and platinum American Eagles, which are tied to the auto and oil industry.

Recommended Articles:

U.S. Tax Bonanza May Be Tapped Out
http://finance.yahoo.com/news/u-tax-bonanza-may-tapped-040300446.html?l=1
Shell game. Take money from future for today. Will Washington ever change?

White House, GOP draw red lines in debt debate
http://news.yahoo.com/white-house-gop-draw-red-lines-debt-debate-083707680--politics.html
They will probably raise the Debt Ceiling limit. Most of this is political postering.

Class of 2012: Diploma dilemma for Europe grads
http://news.yahoo.com/class-2012-diploma-dilemma-europe-grads-072301282--finance.html
The U.S. School systems are moving toward a European model.

Gold Prices Dip as Investors Weigh Strength of U.S. Economy
http://www.thestreet.com/story/11805937/1/gold-prices-dip-as-investors-weigh-strength-of-us-economy.html
U.S. Private Sector (70% of U.S. GDP) is growing and is being lead by the energy industry.

Comments (0)
Friday, January 4, 2013
Fiscal cliff deal raises taxes on 77% of Americans

Paul’s Economic Corner:

Ben Bernanke made a statement in December 2012 about raising interest rates when unemployment hits 6.5%. Yesterday, he made a statement about ending QE3 and Operation Twist in 2013. These are all signs that the U.S. dollar is strengthening and hints that we might be raising interest rates sooner than 2015. Dollar up! Gold down.

Kitco Metals Roundup: Gold Sharply Down, Hits 4.5-Mo. Low, in Wake of Bearish FOMC Minutes
http://www.kitco.com/reports/KitcoNews20130104JW_am.html

Beware the bond bubble in 2013
http://finance.yahoo.com/news/beware-bond-bubble-2013-044300694.html?l=1
The Federal Reserve is hinting that we might stop printing money. They are setting up to raise interest rates. Dollar up, interest rates up, bonds down, gold down.

Fiscal cliff deal raises taxes on 77% of Americans
http://finance.yahoo.com/news/fiscal-cliff-deal-raises-taxes-200000169.html
More taxes are coming. They will close the $800 billion in loop holes that they talked about in December 2012.

Fiscal cliff deal protects family tax breaks
http://finance.yahoo.com/news/fiscal-cliff-deal-protects-family-111600265.html
Spin aritcle. More taxes are coming. They will close the $800 Billion in loop holes that they talked about in December 2012.

Exclusive: Senators seek probe into royalties on coal exports
http://news.yahoo.com/exclusive-u-senators-call-probe-coal-export-sales-135248791--finance.html
These are anti-energy policies designed to hurt oil, gas and coal to promote solar, wind and bio fuel.

White House says Congress must raise debt limit
http://news.yahoo.com/white-house-says-congress-must-raise-debt-limit-151822647--business.html
Spin article. There will be more spending, more taxing and the Republicans will cave.


RCW Financial is owned and operated by Steve Contursi. RCW offers innovative financial solutions for people looking to diversify their investment portfolio and preserve wealth. RCW Financial and their partner company, Rare Coin Wholesalers, work together to deliver compelling, nontraditional financial solutions.

Comments (0)
Thursday, January 3, 2013
Fiscal cliff deal protects family tax breaks

Paul’s Economic Corner:

The Fiscal Cliff compromise, Debt Ceiling limit, spending cuts, and anti-business regulations will all be settled by end of March. The result will be higher taxes on everyone, minimum spending cuts, and more regulations. The good news is we will have permanent results and stability allowing private businesses (70% of U.S. GDP) to finally make long term plans. The private sector, led by the energy industry, will recover and government revenue from increased taxes and the increased economy will be able to pay for existing government spending without having to make any cuts. This was planned by democrats, republicans, the federal reserve, banks and the stock market. After March, it is time for businesses to learn the new rules and taxes to figure out how to do business. As a result, the dollar will strengthen and oil prices will drop. Gold will drop.

Congress extends tax credits for wind, biofuels
http://finance.yahoo.com/news/congress-extends-tax-credits-wind-231801490.html
Spin. Only economical when oil is over $100 per barrel and then you receive government subsidies. Most wind turbines come from overseas. Farmers get paid three times as much to grow food to burn instead of food to eat causing a 10% worldwide food shortage.

Fiscal cliff deal protects family tax breaks
http://finance.yahoo.com/news/fiscal-cliff-deal-protects-family-111600265.html
Spin. Obama Care produces a 3.8% tax increase for everyone and everyone under $109,000 will be affected by a 2% Payroll Tax. More taxes will be coming for the middle class.

Consumers paying down debt despite obstacles: ABA
http://news.yahoo.com/consumers-paying-down-debt-despite-obstacles-aba-112842505--business.html
Half article. Individuals, businesses, and banks are lowering their debt. The government is raising their debt. However, the overall debt level has declined for three years in a row.

Best way to pay $30K in overdue student debt?
http://finance.yahoo.com/news/best-way-pay-30k-overdue-080029552.html
Spin. This article is telling people how to default on their loan, not pay.

A.M. Kitco Metals Roundup: Gold Lower on Chart Consolidation, Bearish Outside Markets
http://www.kitco.com/reports/KitcoNews20130103JW_am.html
Gold will slide for a while. The next bump will be during the debt ceiling debate in February. After that, there will be more sliding. The U.S. dollar is strengthening.

Comments (0)
Friday, December 21, 2012
Paul’s Economic Corner 12/21/2012

Paul’s Economic Corner:

The stage is being set for the U.S. recovery to go from trivial growth to big growth in 2013. The Federal Reserve came out last week stating they would raise the interest rates when unemployment reached 6.5%. In 2013, unemployment rates should be at 6.5% due to the government dropping unemployment benefits for people who are not looking for a job and due to explosive energy job creation. When the Federal Reserve raises the interest rates, U.S. banks will finally have the incentive to lend the 11 trillion that they have been sitting on for the past 3 years. Over the last three years private businesses (70% of U.S. GDP)  couldn’t go to banks to get short term loans,  so they have been stockpiling 3 trillion dollar to deal with their cash flow issues. When the interest rates raise and banks start lending money again, businesses will immediately buy property, buy capital equipment, higher people, start taking risk and immediately invest the 3 trillion dollars they were holding on to.

The dollar is going up. The U.S. Private Sector is going up (70% of U.S. GDP), while all other currencies and economies are contracting. Investment capital around the world is shifting back to the U.S. Dollar and the U.S. Private sector. Again, this provides more investment capital for U.S. Businesses to expand. Energy is leading this growth in the U.S. economy. Sideways drilling and fracturing are profitable at $65 per barrel. We should see oil prices  at $65/barrel by the end of 2013. Transportation, manufacturing, and agriculture will become super competitive around the world at these prices. Energy intensive manufacturing is also already moving back into the U.S. economy.

We have three bumps in the road. The Fiscal Cliff, the debt ceiling limit, and the Executive Branch regulations that will happen between now and March. The dollar and U.S. private sector (70% of U.S. GDP) is strengthening in spite of the Executive Branch, Senate, Blue State’s spending and the Federal Reserve’s foreign currency protection policies. All of the bad and inefficient companies were gone over a year ago. The remaining businesses are the leanest and most efficient companies probably in 30 years. All they need is investment capital and energy prices to go down. We should see all of that by the end of the 2013 summer oil spike, at the end of September.

The dollar will become “King” and if all of this happens, gold prices will  collapse  to around $600 to $800 an ounce. It is time to start doing some research on alternative investments and start moving your portfolio around. This is the time to make your moves. Good Luck.

Related Financial Articles:

Analysis: Boehner has few options in fiscal cliff mess
http://news.yahoo.com/analysis-boehner-few-options-fiscal-cliff-mess-044855640--business.html
The Executive Branch wants us to go over the Fiscal Cliff and then try to make deal in January to lower middle class taxes.

America in Danger if California Goes Off Fiscal Cliff
http://finance.yahoo.com/blogs/daily-ticker/california-economic-rebound-may-danger-off-fiscal-cliff-144302362.html?l=1
Spin Article. Mostly accounting paper shuffling. California government still in big debt and has spending problems.

Cash Is King: Printing of $100 Bills Soars
http://finance.yahoo.com/blogs/breakout/cash-king-printing-100-bills-soars-132438479.html?l=1
Dollar strengthening.

Oil drops as US 'fiscal cliff' approaches
http://news.yahoo.com/oil-drops-us-fiscal-cliff-054231448.html
Dollar Strengthening

Comments (0)
Thursday, December 20, 2012
Gold Sells Off Again, Hits Fresh 3.5-Mo. Low, on Stronger U.S. GDP Report

Paul’s Daily Economic Corner:

There is a lot of manipulation and back room deals going on. The fiscal cliff, debt ceiling limit, and anti-business regulations are head lining, but there is a lot more going on behind the scenes. Behind the scenes, the Federal Reserve is protecting the world currencies by trying to weaken the dollar (although the dollar is still strengthening), and the government, which made promises before the election, is now eradicating those promises after the election. There is outright manipulation of GDP and other economic numbers to help politicians and there are more give away programs, not only to part of the voting section of the U.S., but also to foreign governments. All of this sounds pretty doom and gloom. Yet in spite of all of these deals, the U.S. private sector is recovering and the dollar is strengthening. Look for alternative investments with low risk to survive the stock market and commodities volatility. Everyone in the U.S. and World will see the signs of recovery by the end of the 2013 summer oil spike. I will go into this more tomorrow. Hang in there.


Recommended Financial Articles:

Gold Sells Off Again, Hits Fresh 3.5-Mo. Low, on Stronger U.S. GDP Report
http://www.kitco.com/reports/KitcoNews20121220JW_am.html
Dollar up, gold down. We are moving closer the Federal Reserve raising the interest rates which will make the dollar king and gold collapse.

Metals Slump On Year-End Liquidation, Scaled-Back Fed Expectations After GDP
http://www.kitco.com/reports/KitcoNews20121220AS_focus.html
Dollar up, gold down. We are moving closer the Federal Reserve raising the interest rates which will make the dollar king and gold collapse.

Mortgage rates rise despite Fed's intention
http://finance.yahoo.com/news/mortgage-rates-rise-despite-feds-080029526.html
Easy money only works for so long. The Federal Reserve’s announcement last week to look at raising interest rates when unemployment hits 6.5 could happen in 2013.

Avalanche of Boomers May Bury Social Security
http://finance.yahoo.com/news/avalanche-boomers-may-bury-social-120014012.html
They raised the age limit from 65 to 67 for everyone born after 1960. They will keep raising the age. Look for them to do this again next year.

Exports, government spending buoy third-quarter growth
http://finance.yahoo.com/news/exports-government-spending-buoy-third-133431051.html?l=1
All out effort by the federal government and blue states to make the economy look good just before the election. Total Manipulation.

Medicare premiums could rise for many retirees
http://news.yahoo.com/medicare-premiums-could-rise-many-retirees-075849995--finance.html
Could rise? Will rise!

Obama grants Russia "permanent normal trade relations"
http://news.yahoo.com/obama-grants-russia-permanent-normal-trade-relations-155741300.html
"This is my last election ... After my election I have more flexibility,"


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RCW financial & Rare Coin Wholesalers are owned by Steve Contursi. RCW offers innovative financial solutions for people looking to diversify their investment portfolio and preserve wealth. RCW Financial and their partner company, Rare Coin Wholesalers, work together to deliver compelling, nontraditional financial solutions. With a leadership team that has over 75 years of experience in the rare coin and financial markets, we will help individuals protect or build their portfolio based on their individual goal. Our growing product expertise includes alternative investments utilizing tangible assets.

Comments (0)
Monday, December 17, 2012
A look at tax breaks that expired this year

A look at tax breaks that expired this year
http://finance.yahoo.com/news/look-tax-breaks-expired-132710731.html
Good article.

“Obscene” Stimulus Will Trigger ‘Made in Japan’ Crisis in 2013: Mauldin
http://finance.yahoo.com/blogs/daily-ticker/obscene-stimulus-trigger-made-japan-crisis-2013-mauldin-141631108.html?l=1
This is the problem with extended quantitative easing. A downward spiral.

Boehner opens door to tax hikes, shifts fiscal cliff talks
http://health.yahoo.net/news/s/nm/boehner-opens-door-to-tax-hikes-shifts-fiscal-cliff-talks
Republicans compromise, Democrats don’t.

Technical Trading: Gold Bull Down, But Not Out; US Fiscal Negotiations See Progress
http://www.kitco.com/reports/KitcoNews20121217KB_technical.html
Dollar strengthening.

Paul’s Economic Corner:
We should know by the end of the week what will happen with the fiscal cliff. Then after the holidays we will come back to face the debt ceiling limit and subsequently we will get hit with the executive branch anti-business regulations. One crisis after another. This is good for the media, stock market and government, but bad for the rest of us. Those who voted for the current people controlling the executive branch, senate and house will see a 5% or more tax increase in the next 2 years. The blue states will increase taxes because these states are insolvent.

The U.S. has a big wakeup call coming in the next 2 years and it is too bad we will have to go lower before changing policies. The good news is the private sector (70% of the U.S. GDP) will keep increasing, the energy sector is a game changer and the dollar will keep strengthening. This is happening in spite of the U.S. government, state governments and the Federal Reserve. Hang in there and have a happy Holiday.

Comments (0)
Tuesday, December 11, 2012
Fed Seen Pumping Up Assets to $4 Trillion in New Buying

Daily Articles of Interest:
Fed Seen Pumping Up Assets to $4 Trillion in New Buying
http://finance.yahoo.com/news/fed-seen-pumping-assets-4-050000764.html?l=1
Half truth article. Protecting foreign currency expansion at the expense of the American people.

Senate GOP leader calls on Dems to spell out cuts
http://news.yahoo.com/senate-gop-leader-calls-dems-spell-cuts-161447155.html
Will not happen.

Michigan expected to pass right-to-work legislation
http://news.yahoo.com/blogs/ticket/michigan-expected-pass-legislation-141229589--politics.html
Public unions and unions in states without the right to work have no checks and balances.

Weak exports, imports signal tepid economic growth
http://news.yahoo.com/weak-exports-imports-signal-tepid-economic-growth-143607785--business.html
Good article. Everything the liberal progressives are doing is slowing small business growth.

China overtakes US in number of patent filings
http://news.yahoo.com/china-overtakes-us-number-patent-filings-142532551--finance.html
Maybe they will start honoring patents instead of stealing.


Paul’s Economic Corner:
A majority of people voted for bigger government with a safety net. Unfortunately, there is not enough money to fund what people voted for this past November. Taxes are going to go up on everyone and there will be less jobs for the next year or two. The stock market will be very volatile. Ira’s, 401’s, dividends, capital gains and savings will not be performing. The Fed will keep the money supply tight so no investment capital will be available. Basically the anti-business atmosphere of the last 4 years will continue for another 2 years. How much longer will the majority of the people believe the spin or wake up to the truth?

The truth is the government needs to cut spending and its anti business policies. The Federal Reserve needs to raise the interest rates. Until then you need to look for alternative investments with low risk to protect your wealth and make some profits during these times. The trump card to these economic times is energy and we will cover this subject in more detail tomorrow.

Comments (112)
Friday, November 30, 2012
Egyptians protest after draft constitution raced through

Egyptians protest after draft constitution raced through
http://news.yahoo.com/opposition-cries-foul-egypt-constitution-finalised-060707145.html
Dictatorship power play against the people.

Boehner joins filibuster fight against Democrats
http://news.yahoo.com/boehner-joins-filibuster-fight-against-democrats-035715231--politics.html
Liberal Progressive power play against the people.

Don’t Be Fooled by the Fed: Stimulus Is a Sign of Dysfunction, Not Opportunity
http://finance.yahoo.com/blogs/breakout/don-t-fooled-fed-stimulus-sign-dysfunction-not-131844591.html?l=1
Federal Reserve power play against the people.

Minister calls on Canada and Ontario to sell GM stake: report
http://news.yahoo.com/minister-calls-canada-ontario-sell-gm-stake-report-154957748--finance.html
Canada bailing on GM.

Tags :  EgyptBoehnerDemocratsLiberal ProgressiveFederal ReserveCanadaGM
Comments (0)
Tuesday, October 23, 2012
Kitco Metals Roundup: Gold Solidly Lower, at 6-Week Low, on Technical Selling, Bearish Outside Markets

Kitco Metals Roundup: Gold Solidly Lower, at 6-Week Low, on Technical Selling, Bearish Outside Markets
http://www.kitco.com/reports/KitcoNews20121023JW_am.html
Dollar up, gold down.

Presidential Election Weighs on the Federal Reserve
http://finance.yahoo.com/news/presidential-election-weighs-federal-101804961.html?l=1
Good article. Dollar up, gold down. Read our Collapse of Gold article.

Dollar's Fate Tied to U.S. Data, Fed
http://finance.yahoo.com/news/dollars-fate-tied-u-data-023900812.html
Spin, all about the election.

Iran says may stop oil sales if sanctions tighten
http://news.yahoo.com/iran-says-may-stop-oil-sales-sanctions-intensify-091808820.html
Desperate. Dollar up, gold down.

Tags :  Gold priceselectionFederal ReserveU.S. DollarIranoil
Comments (0)
Monday, October 15, 2012
Bernanke Speech Is For Everyone Who Has Ever Talked About ‘Currency Wars’: Joe Weisenthal

Bernanke Speech Is For Everyone Who Has Ever Talked About ‘Currency Wars’: Joe Weisenthal
http://finance.yahoo.com/blogs/daily-ticker/bernanke-speech-everyone-ever-talked-currency-wars-joe-125331742.html?l=1
Spin article. Justifying their actions. The Fed needs to strengthen the dollar and raise the interest rates.

Oil falls further amid global growth concerns
http://news.yahoo.com/oil-falls-further-amid-global-growth-concerns-053747284.html
Summer oil spike ending. Oil down, dollar up, gold down.

Kitco Metals Roundup: Gold Lower on Profit Taking; Bulls Now Fading a Bit, Technically
http://www.kitco.com/reports/KitcoNews20121015JW_am.html
Short term spike from token QE3 over. Dollar up, gold down.

Tags :  goldoilBernankeFederal ReserveFedKitco
Comments (0)
Wednesday, September 19, 2012
Gold Firmer, Hits Fresh 6.5-Mo. High, as BOJ Eases Monetary Policy

Gold Firmer, Hits Fresh 6.5-Mo. High, as BOJ Eases Monetary Policy
http://www.kitco.com/reports/KitcoNews20120919JW_am.html
There are three important things to look at in this article: the trouble in Japan, the problems in China, and Dollar doing well.

QE3 Won’t Solve All Our Problems, but It’s a Start
http://finance.yahoo.com/blogs/the-exchange/qe3-won-t-solve-problems-start-232409336.html?l=1
This is a propaganda article for the Federal Reserve.

Unemployment mounts as Iran's economy falters
http://news.yahoo.com/unemployment-mounts-irans-economy-falters-141355369--business.html
Young unemployed middle eastern men

China cuts rare earths mining permits
http://news.yahoo.com/china-cuts-rare-earths-mining-permits-060921643--finance.html
More government manipulation to control the industry. Go Molly Corp.

Comments (0)
Thursday, September 13, 2012
Fed seen launching fresh stimulus, details in question

Fed seen launching fresh stimulus, details in question
This is all that matters today. If they decide to print more money, the dollar will go down and gold prices up. If they don't announce a QE3, the dollar will go up and gold prices down.

http://finance.yahoo.com/news/fed-seen-launching-fresh-stimulus-040346763.html

Comments (0)
Thursday, August 30, 2012
Oil falls as US Gulf Coast storm heads inland

Oil falls as US Gulf Coast storm heads inland
http://news.yahoo.com/oil-falls-us-gulf-coast-storm-heads-inland-051334481.html
Temporary spike. The end of September is the end of the summer oil spike. Oil down, dollar up, gold down.

Gold turns negative as U.S. equities extend losses
http://af.reuters.com/article/metalsNews/idAFL2E8JU5CJ20120830
September 12 Fed meeting will not announce a QE3. Dollar up, Gold down.

Tags :  oilgold pricesU.S. equitiesFederal ReserveQE3
Comments (1)
Wednesday, August 29, 2012
Bernanke Will Freshen Up “Stale” Minutes at Jackson Hole

Bernanke Will Freshen Up “Stale” Minutes at Jackson Hole
http://finance.yahoo.com/blogs/breakout/bernanke-freshen-stale-minutes-jackson-hole-114329068.html?l=1
The Fed will not do a QE3 on September 12 meeting. Dollar up, gold down.

A.M. Kitco Metals Roundup: Gold Weaker on More Profit Taking, Chart Consolidation; Bernanke Speech Looms
http://www.kitco.com/reports/KitcoNews20120829JW_am.html
The Fed will not do a QE3 on September 12 meeting. Dollar up, gold down.

France wants to pay chunk of young hires' salaries
http://news.yahoo.com/france-wants-pay-chunk-young-hires-salaries-120152099--finance.html
How long can Europe keep kicking the can down the road?

Oil prices fall amid calls for increased output
http://news.yahoo.com/oil-prices-fall-amid-calls-increased-output-054927888--finance.html
Dollar up, Gold down.

Tags :  Federal ReserveQE3Jackson HoleGold PricesgoldBernankeFranceoil prices
Comments (1)
Monday, August 27, 2012
Is More Fed Action the Answer? All Eyes on Bernanke’s Jackson Hole Speech

Is More Fed Action the Answer? All Eyes on Bernanke’s Jackson Hole Speech
http://finance.yahoo.com/blogs/daily-ticker/fed-jackson-confab-more-fed-action-answer-142019411.html?l=1
Good Article.

A.M. Kitco Metals Roundup: Gold Near Steady as Market Pauses; Fed, ECB Meetings Awaited
http://www.kitco.com/reports/KitcoNews20120827JW_am.html
Fed will do something, but not a QE3.

Public pensions eat up more of state’s discretionary spending
http://taxdollars.ocregister.com/2012/08/26/public-pensions-eat-up-more-of-states-discretionary-spending/161295/
Public Unions are states worse problem.

Comments (2)
Tuesday, August 21, 2012
A.M. Kitco Metals Roundup: Gold Slightly Lower in Quiet Trading; Fresh Fundamental Inputs Awaited

A.M. Kitco Metals Roundup: Gold Slightly Lower in Quiet Trading; Fresh Fundamental Inputs Awaited
http://www.kitco.com/reports/KitcoNews20120820JW_am.html
Everyone is waiting for Ben Bernanke speech on Aug 31 at Jackson Whole, the Federal Reserve Meeting on September 12 and the end of the summer oil spike the last week of September. All will push dollar up and gold down.

Comments (1)
Thursday, August 2, 2012
US stocks slump with no concrete action in Europe

US stocks slump with no concrete action in Europe
http://finance.yahoo.com/news/us-stocks-slump-no-concrete-134244989.html?l=1
Private Sector (70% of U.S. GDP) improving and not tied to exports. Public Sector (30% of U.S. GDP, includes stock market) is shifting back to do business with U.S. private sector, volatile times.

The Unemployment Rate Is a Farce That Needs Fixing: Rep. Duncan Hunter
http://finance.yahoo.com/blogs/breakout/unemployment-rate-farce-needs-fixing-rep-duncan-hunter-113437674.html?l=1
This is the real unemployment rate. Same math as used during the great depression.

Fed Hints at More Action: “What Are They Waiting For?” Dean Baker Asks
http://finance.yahoo.com/blogs/daily-ticker/fed-hints-more-action-waiting-dean-baker-asks-113811876.html?l=1
Spin. No change. They are not going to do a QE3.

China cuts fees, urges share buybacks to revive ailing market
http://finance.yahoo.com/news/china-cuts-fees-urges-share-104257606.html?l=1
House of Cards.

Weekly jobless claims rise less than expected
http://finance.yahoo.com/news/weekly-jobless-claims-rise-less-123225087.html?l=1
Private Sector (70% of U.S. GDP) improving. Public Sector (30% of U.S. GDP) tanking.

Class of 2012: Europe's young pursue dreams abroad
http://news.yahoo.com/class-2012-europes-young-pursue-dreams-abroad-100249755--finance.html
Mostly with U.S. and economic allies of the U.S.

Oil near $89 after US supply drop, ECB awaited
http://news.yahoo.com/oil-near-89-us-supply-drop-ecb-awaited-051932506--finance.html
Watch for oil to drop after ECB meeting.

Comments (1)
Wednesday, August 1, 2012
Oil hovers above $88 as hopes fade for Fed easing

Oil hovers above $88 as hopes fade for Fed easing
http://news.yahoo.com/oil-hovers-above-88-hopes-fade-fed-easing-121716195--finance.html
Dollar up, commodities down.


China protests US sanctions against Chinese bank
http://news.yahoo.com/china-protests-us-sanctions-against-chinese-bank-075824543--finance.html
China is an economic enemy of the U.S. The #1 major in Chinese Universities is reverse engineering.

Spanish regions rebel against deficit targets
http://news.yahoo.com/spanish-regions-rebel-against-deficit-targets-085443015--finance.html
It is very hard to get public union workers to cut back.

Tags :  ChinaeconomySpanishOil pricesFederal ReserveCommoditiesDollar
Comments (2)
Thursday, July 12, 2012
Fed Watchers Say the QE3 “Easometer” Is Rising

Fed Watchers Say the QE3 “Easometer” Is Rising
http://finance.yahoo.com/blogs/breakout/fed-watchers-qe3-easometer-rising-155126321.html
Spin article. The Fed is not going to do QE3.

Tags :  QE3Federal Reserve
Comments (0)
Tuesday, July 10, 2012
Pa. mayor cuts city workers' pay to minimum wage

Pa. mayor cuts city workers' pay to minimum wage
http://news.yahoo.com/pa-mayor-cuts-city-workers-pay-minimum-wage-113312907.html
Federal, state, county and city governments are running out of money because of public unions. Cut or fire is there only alternative.

Obama’s “Populist” Tax Platform Puts Retirees at Risk: Josh Brown
http://finance.yahoo.com/blogs/daily-ticker/obama-populist-tax-platform-puts-retirees-risk-josh-112910068.html?l=1
The Federal Reserve keeping interest rates at zero will hurt retires savings accounts.

Comments (0)
Thursday, July 5, 2012
Hopeful signs emerge for struggling jobs market

Hopeful signs emerge for struggling jobs market
http://finance.yahoo.com/news/u-jobless-claims-post-biggest-123314226.html
Private sector (70% of U.S. GDP) is adding jobs, public sector (30% of U.s. GDP) is losing jobs.

US fixed mortgage rates fall to new record lows
http://news.yahoo.com/us-fixed-mortgage-rates-fall-record-lows-140126038--finance.html
Half article. As long as the Federal Reserve keeps the Fed Interest rates at zero, banks will keep credit tight.

Americans Squeezed by Higher Rents, Tight Credit
http://finance.yahoo.com/news/americans-squeezed-higher-rents-tight-050516177.html
Half article. As long as the Federal Reserve keeps the Fed Interest rates at zero, banks will keep credit tight.

European Central Bank, China, Bank of England take moves to stimulate growth
http://news.yahoo.com/european-central-bank-china-bank-england-moves-stimulate-120654957.html
Foreign currencies down, dollar up, gold down.

Gold Slumps on ECB Rate Cut
http://www.thestreet.com/story/11606865/1/gold-slumps-on-ecb-rate-cut.html
Foreign currencies down, dollar up, gold down.

Comments (1)
Thursday, June 21, 2012
The Fed Speaks, Doesn’t Do Much: It’s Out of Ammo, Says Bob Brusca

The Fed Speaks, Doesn’t Do Much: It’s Out of Ammo, Says Bob Brusca
http://finance.yahoo.com/blogs/daily-ticker/fed-speaks-doesn-t-much-ammo-says-bob-140039083.html?l=1
The Fed has one thing left to do, raise the interest rates so banks will start lending again. However, this would help U.S. but hurt Europe and the rest of the world.

US unemployment aid applications little changed
http://news.yahoo.com/us-unemployment-aid-applications-little-changed-123331515--finance.html
The moment the U.S. government stops extended unemployment coverage, 50% of those people will go get a job.

High court throws out FCC indecency policy
http://news.yahoo.com/high-court-throws-fcc-indecency-policy-144253503.html
It takes a year or more for the supreme court to move. We are finally seeing a stop to the overreaching executive branch.

Spain pays new record for medium-term debt
http://news.yahoo.com/spain-expected-request-bank-aid-debt-test-065458936--business.html
The 6 southern countries of Europe are heading for a hard landing and France owns a majority of their debt.

Comments (0)
Tuesday, June 19, 2012
Gold wavers, safe-haven bids dwindle

Gold wavers, safe-haven bids dwindle
http://www.marketwatch.com/story/gold-silver-edge-higher-in-asian-trading-2012-06-19
When Federal Reserve does nothing on Wednesday, dollar up, gold down.

Comments (0)
Thursday, June 7, 2012
Why Everyone Still Wants Dollars

Why Everyone Still Wants Dollars
http://finance.yahoo.com/news/why-everyone-still-wants-dollars.html?l=1
Spin article. No one will trust the euro, yuan, yen or ruble.

Greece Warns of Going Broke as Tax Proceeds Dry Up
http://finance.yahoo.com/news/greece-warns-going-broke-tax-165803529.html
Europe is trying to make this trivial. It is not trivial.

China rate cut, Fed stimulus hopes boost markets
http://news.yahoo.com/china-rate-cut-fed-stimulus-hopes-boost-markets-135717743--finance.html
Spin article. Fed is not going to do QE3.

Bernanke: No hints on QE3 from Federal Reserve
http://finance.yahoo.com/news/bernanke-no-hints-qe3-federal-140800248.html?l=1
Spin article. Fed is not going to do QE3.

Bernanke on Capitol Hill: What the Market Wants to Hear Today
http://finance.yahoo.com/blogs/breakout/bernanke-trade-watch-today-115501041.html?l=1
Spin article. Fed is not going to do QE3.

Bernanke: Fed could act if economy weakens
http://finance.yahoo.com/news/bernanke-fed-could-act-economy-140205227.html
Spin Article. Fed is not going to do QE3.

Dollar rallies on Bernanke, euro surrenders gains
http://news.yahoo.com/euro-more-one-week-high-vs-dollar-ahead-122740814--finance.html
Fed is not going to do QE3.

Tags :  dollarGreecetaxesFederal ReserveChinaBernankeQE3economyeuroEurope
Comments (1)
Friday, June 1, 2012
METALS OUTLOOK: Gold's Focus Will Remain On Europe, Hopes For Monetary Stimulus

METALS OUTLOOK: Gold's Focus Will Remain On Europe, Hopes For Monetary Stimulus
http://www.kitco.com/reports/KitcoNews20120601DeC_metals_outlook.html
The Stock Market and the rest of the world are begging for more QE. The world will, but the U.S. will not. This is causing a short term spike on gold, longer term, gold will do down.

Gold vaults 3 percent, above $1,600 on jobs, Fed talk
http://finance.yahoo.com/news/gold-dips-euro-zone-problems-011527242.html?l=1
Jobs report and Stock Market begging for QE3 pushing gold up. Not going to happen. Gold will start sliding again mid next week.

Friday’s Economic Data Dump Wasn’t All Bad News
http://finance.yahoo.com/blogs/daniel-gross/friday-economic-data-dump-wasn-t-bad-news-180914715.html
People who want a weaker dollar are making a lot of statements today to draw dollar down and push gold up.

Tags :  goldEuropeFederal Reserveeconomicsgold price spike
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Thursday, May 24, 2012
FDIC: Bank profits at highest level since 2007

FDIC: Bank profits at highest level since 2007
http://finance.yahoo.com/news/fdic-bank-profits-highest-level-140004456.html
U.S. banking system has recovered. Fed will be raising the interest rates soon. U.S. banks will start lending again. Velocity of the dollar will go up.

Economy trudges along despite Europe turbulence
http://news.yahoo.com/jobless-claims-little-changed-last-week-130611783--business.html
The U.S. exports 10% and consumes 90% of its GDP. China exports 67% and consumes 33%. Foreign economic problems affect the U.S. less.

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Thursday, May 10, 2012
Gold Falls Below $1,600 Nearly Wiping Out Gains For 2012

Gold prices dropped below $1,600 an ounce today, nearly wiping out the gains for 2012. Political uncertainty in Greece and Spanish banks prompted investors to sell their bullion for the third straight day. Fear due to a change in the French Presidency, the state of the Spanish banks, and gridlock in Greece all contributed to the 3 percent drop in precious metals. Optimism in gold unhinged following the turmoil in Europe. Many investors are questioning whether they are going to be seeing a large enough euro bail out that precious metal prices will rise again.

The Federal Reserve is the Key
Since we released our Collapse of Gold Report in November, gold has dropped from over $1,800 an ounce to under $1,600 an ounce. Chairman Ben Bernake has given no indication that the central banks will start a Q3. Recent improvements in the U.S. economy could indicate that the Fed’s next step will be to raise interest rates, which will cause gold prices to drastically decline.

Although gold has been known as a way to protect wealth in times of economic uncertainty, Frank Tang of Reuters said this year gold is “in tandem with riskier assets such as equities and crude oil”.

Other Ways to Invest in Tangible Assets
If you are considering selling your gold, there are other options available that do not play the precious metals market. Within the investment realm of tangible assets, there is one asset that has outperformed gold and stocks for the last 40 years: rare coins. Although many people have preconceived notions of rare coins, the investment potential is unique. Unlike many investments, rare coins are not tied to the precious metals market or the dollar. Consequently, the prices do not fluctuate like the price of gold or silver.

Rare coins allow you to privatize your investment portfolio since no 1099b or social security number is required. Due to the finite supply, the price of these can never go to zero and the market is driven by collectors/investors. A new set of programs were developed that allow people to invest in this tangible asset with the help of industry experts. The two programs, known as the Numismatic Asset Protection Account (NAPA) and Numismatic Trading Account (NTA), utilize one of the industry’s largest inventories of rare coins. With the close guidance of numismatic expert, Steve Contursi, these accounts are achieving 10-15% profits.

Tags :  goldgold pricesfederal reservebernakegreecespainNTANAPArare coin wholesalers
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Friday, May 4, 2012
24K Nation: Are Americans Crazy to Think Gold Is the Safest Investment?

24K Nation: Are Americans Crazy to Think Gold Is the Safest Investment?
http://finance.yahoo.com/news/24k-nation-americans-crazy-think-190121319.html
Dollar up, gold down.

April Jobs Report: More of the Same
http://finance.yahoo.com/blogs/daniel-gross/april-jobs-report-more-same-135552516.html
If you break the job loss report between private and public, the private sector added jobs, and the public sector lost jobs.

U.S. Chose Better Path to Recovery
http://finance.yahoo.com/news/u-chose-better-path-recovery-101205775.html?l=1
This article is true short term. We need to end these policies, move back to a strong dollar, and raise the Fed Interest Rates.

“The Fed Could Do More”: Central Bankers Are “The Only Adults in The Room,” Cal Prof Says
http://finance.yahoo.com/blogs/daily-ticker/fed-could-more-central-bankers-only-adults-room-112409305.html?l=1
Spin article. This article is true short term. We need to end these policies, move back to a strong dollar, and raise the Fed Interest Rates.

US: TransCanada reapplies for oil pipeline
http://news.yahoo.com/us-transcanada-reapplies-oil-pipeline-125454214.html
The U.S. can be energy independent in 20 years.

Oil drops below $100
http://news.yahoo.com/oil-drops-below-100-132417154--finance.html
Inevitable tide moving the U.S. to become energy independent.

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Tuesday, May 1, 2012
Founders, CEOs hand Wis. governor campaign cash

Founders, CEOs hand Wis. governor campaign cash
http://news.yahoo.com/founders-ceos-hand-wis-governor-campaign-cash-071227903.html
40 states are trying to break to economic disasters of public unions in their states. Wisconsin is leading the way.

Richard Fisher: The Fed Has Done Its Job, Congress Needs To Do Theirs
http://finance.yahoo.com/blogs/daily-ticker/richard-fisher-fed-done-job-congress-theirs-124006906.html?l=1
It is time for the Fed to stop putting out easy money, raise the interest rates and make the U.S. Dollar King … again.

Krugman: Fed Should Tolerate Higher Inflation To Reduce Unemployment
http://finance.yahoo.com/blogs/daily-ticker/krugman-fed-tolerate-higher-inflation-reduce-unemployment-130644416.html?l=1
Spin Article. Trying to fight back the growing wave to strengthen the dollar to increase the velocity of the dollar, spurring loans to businesses and returns on savings and 401k plans.

Europeans protest austerity at May Day rallies
http://news.yahoo.com/greeks-protest-austerity-may-day-rallies-073048509.html
55% of the Euro population is in public unions. 6% of the U.S. population is in public unions. There is no comparison.

US hopes buoy markets in thin holiday trading
http://news.yahoo.com/us-hopes-buoy-markets-thin-holiday-trading-143709944--finance.html
U.S. private sector (70% of the U.S. GDP) is strengthening in spite of government regulation and taxes.

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Wednesday, April 25, 2012
Fed Will Act Soon to Boost the Economy, Just Not Today

Geithner’s Talk of TARP ‘Profits’ Is All Wrong: Romero
http://finance.yahoo.com/blogs/daily-ticker/geithner-talk-tarp-profits-wrong-widely-held-misconception-144543249.html?l=1
TARP might have been a necessary evil, but do not paint it as rosy wonderful proposition. We bailed out the people who caused the collapse.

Beware of Europe’s Top New Export: Fear
http://finance.yahoo.com/blogs/breakout/beware-europe-top-export-fear-150925596.html?l=1
Another example of the people who caused the collapse, lying to get themselves out of trouble.

Fed Will Act Soon to Boost the Economy, Just Not Today
http://finance.yahoo.com/blogs/breakout/fed-act-soon-boost-economy-just-not-today-121115213.html?l=1
Stock Market types begging for more QE to bail them out. More of the people who caused the problem trying to get the rest of us to bail them out.

French presidential candidate Hollande: Renegotiate European treaty right away
http://news.yahoo.com/french-presidential-candidate-hollande-renegotiate-european-treaty-away-145021197.html
Again, the people who caused the collapse are wanting other people to bail them out.

Tags :  TARPEuropeFederal ReserveStock MarketHollande
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Tuesday, April 24, 2012
Will the dollar become king again?

IT’S OFFICIAL: Keynes Was Right

http://finance.yahoo.com/blogs/daily-ticker/official-keynes-112244405.html?l=1
Liberal/Socialist propaganda. If Europe wants to do this, it is better for the U.S. because Keynes has not worked since it was started over a hundred years ago.

China had about 1.3 trillion in U.S. bonds and treasuries a year ago. Today they have about 1 trillion. The Chinese economy has been slowing. To make up for the short fall, China sold 300 billion U.S. bonds and treasuries. They are increasing the amount of U.S. currency in the world and putting pressure on the dollar to go down. This also puts pressure on the Euro and Yaun to go up. China does more trade with Europe. By selling these U.S. bonds and treasuries they have money to prop up the Chinese economy, keep the dollar down, and pushing the euro and Yaun up. The Federal Reserve reversed its policy on the U.S. dollar and is not weakening it anymore (no QE3). However, China is doing a QE3 by selling off the U.S. bonds and treasuries that they own. These U.S. bonds and treasuries were being kept to help China’s economy when they started having problems. The more U.S. bonds and treasuries that China sells into the market will only hasten the Federal Reserve to raise the interest rates and when that happens the dollar will become king again.

Tags :  chinaU.S. Bondschinese economyYaunEuroFederal Reservedollar
Comments (1)
Monday, April 23, 2012
Gold slips below $1,630 per oz as euro falls

By Jan Harvey | Reuters

Gold prices slid below $1,630 an ounce on Monday as concerns that the euro zone debt crisis could ensnare higher-rated countries hurt the single currency, though moves were muted ahead of this week's Federal Reserve meeting.

The metal is extending the 2 percent losses it has posted so far this month, in line with a drop in the euro. The currency has come under heavy pressure from growing fears over the ability of some euro zone countries, particularly Spain, to manage debt.

Spot gold was down 0.7 percent at $1,629.69 an ounce at 7:53 a.m. EDT (1153 GMT), while gold futures for June delivery were down $11.80 an ounce at $1,630.90.

"We are basically caught between two opposing factors," Credit Suisse analyst Tobias Merath said.
"On the one hand, we have U.S. bond yields coming off, which adds some support, but concerns over Europe are capping the upside, because the situation in Europe has the potential to lead to deteriorating liquidity conditions."

"As we saw at the end of last year, gold is a hedge against all kinds of crises, but not against a liquidity problem, when people are liquidating assets to raise much-needed cash. They also sell gold in this environment."

Prices will struggle to break out of their current range without fresh drivers, he said.
Gold watchers are turning their attention to the Federal Reserve's two-day policy meeting from Tuesday, at which the prospect of more monetary easing is set to be addressed.

The euro fell against the dollar, having drawn little support from news at the weekend that the International Monetary Fund would receive a further $430 billion to safeguard economies from the euro zone debt crisis.

Worries over the euro zone's financial health were apparent in the debt market. Dutch and peripheral euro zone bonds sold off, driving Spanish yields back above 6 percent, as a political crisis in the Netherlands stoked investor fears euro zone commitments to contain the debt crisis were under threat.

German Bund futures hit record highs and French bonds slipped as investors worried that a potential presidential election win by the French Socialists would compromise the euro zone's commitment to fight its debt crisis.

The premium investors demand to hold Dutch 10-year government bonds rather than German Bunds rose to a three-year high on Monday as the country slipped into political crisis after a failure to agree on budget cuts.

Concerns over euro zone debt were a key factor pushing gold to record highs last year, but the dollar has since taken over as investors' safe haven of choice. Bad news from the bloc now tends to pressure gold, which falls in line with the euro.

WORK TO DO
"Gold still has a lot of work to do to convince investors that it has made up its mind on which hat it wants to wear - safe haven or risk," UBS said in a note on Monday.

Physical gold demand remained light in major consumer India even ahead of the Akshaya Tritiya festival on Tuesday, an auspicious day to buy gold.

Buying is being hurt by weakness in the rupee, which makes dollar-priced gold more expensive for local buyers.

In New York last week, money managers raised their net long positions in gold futures and options to 112,275 contracts, from 109,511 contracts a week earlier, its lowest in more than three years.

While the net length in gold had fallen more than 40 percent from this year's peak hit in early March, the total open interest edged lower from a week earlier to 640,791 contracts, down 13 percent from March and near a two-year low hit earlier in the month.

Among other precious metals, silver was down 2.1 percent at $31.00 an ounce, spot platinum was down 0.9 percent at $1,558.75 an ounce and spot palladium was down 1.1 percent at $663.97 an ounce.

Data from Chinese customs authorities on Monday showed its platinum imports rose by nearly a third last month to their highest since December at 7,446 kgs, while palladium imports have fallen to their lowest since December 2009.

China's silver imports, at 255,455 kg, were down by a third year-on-year, but still at their highest in 6 months.

Source: http://news.yahoo.com/gold-slips-below-1-630-per-oz-euro-121926035--finance.html

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Wednesday, April 4, 2012
US stocks fall as Fed backs away from stimulus

Private sector 209,000 jobs in March
http://finance.yahoo.com/news/private-sector-209-000-jobs-122900110.html?l=1
Private sector is 70% of U.S. GDP. This is where the recovery is happening.

Bank Earnings Will Be Explosive Next Year: Dempsey
http://finance.yahoo.com/blogs/breakout/bank-earnings-explosive-next-dempsey-115946962.html?l=1
U.S. banks are healthier than other banks around the world.

US stocks fall as Fed backs away from stimulus
http://finance.yahoo.com/news/us-stocks-fall-fed-backs-134230732.html?l=1
Fed has changed policy, they are now strengthening the U.S. dollar, long term.

A.M. Kitco Metals Roundup: Comex Gold Sharply Lower, At 11-Week Low, As Fresh Near-Term Chart Damage Inflicted
http://www.kitco.com/reports/KitcoNews20120404JW_am.html
Fed has changed policy, they are now strengthening the U.S. dollar, long term.

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Tuesday, April 3, 2012
WSJ: Fed Buying 61% of US Debt

WSJ: Fed Buying 61 Percent of US Debt
Wednesday, 28 Mar 2012 11:08 AM
By Julie Crawshaw and Forrest Jones

The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department, a trend that cannot last, Lawrence Goodman, a former Treasury official and current president of the Center for Financial Stability, writes in a Wall Street Journal opinion article published Wednesday.

"Last year the Fed purchased a stunning 61 percent of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis," Goodman writes.

Goodman also warns that U.S. economy and markets are “at risk for a sharp correction” if conditions aren’t “normalized.”

"This not only creates the false appearance of limitless demand for U.S. debt but also blunts any sense of urgency to reduce supersized budget deficits."

The U.S. government is growing increasingly more dependent on borrowing to finance itself, with net issuance of Treasury securities hitting 8.6 percent of gross domestic product (GDP) on average per annum, more than double levels before the crisis.

Fed intervention in the government debt market makes demand for Treasury bonds appear higher than it really is, as foreign creditors and other investors have fled U.S. government debt instruments and are looking elsewhere until the government makes serious attempts to curb spending and narrow its gaping deficits.

Goodman notes that foreign investors like Japan and China that once scooped up U.S. debt are shunning it. In 2009, such foreign purchases of U.S. debt amounted to 6 percent of GDP and has since falled by over eighty percent to a paltry 0.9 percent.

Without foreign buyers and a shrinking base of U.S. corporate and bank buyers, the Treasury has had to resort to the Federal Reserve itself to make the purchases. The Fed purchasing not only makes up the shortfall, but can keep long term interest rates artificially low.

"The Fed is in effect subsidizing U.S. government spending and borrowing via expansion of its balance sheet and massive purchases of Treasury bonds. This keeps Treasury interest rates abnormally low, camouflaging the true size of the budget deficit," Goodman writes.

"Similarly, the Fed is providing preferential credit to the U.S. government and covering a rapidly widening gap between Treasury's need to borrow and a more limited willingness among market participants to supply Treasury with credit."

Political bickering on both sides of the aisle has prevented politicians from cutting spending and undertaking fiscal reform.

Arguing over the role of tax hikes versus spending cuts hit a fever pitch in 2011, when both sides in Congress waited until the last minute to agree to terms surrounding lifting the government's debt ceiling.

Should fiscal bickering return, expect investors in U.S. debt who are not employed at the Federal Reserve to take note, other experts say.

"If people dig in, the polarization will get worse, and that could be the worst outcome for markets," says Eric Stein, vice president and portfolio manager at Eaton Vance in Boston, according to Reuters.

© 2012 Moneynews. All rights reserved.
Source: http://www.moneynews.com/Headline/fed-debt-Treasury/2012/03/28/id/434106


Investors Are Looking to Buy Homes by the Thousands
http://finance.yahoo.com/news/investors-looking-buy-homes-thousands-134405371.html?l=1
The normal ratio of home owners in about 2/3, forced government easy lending allowed this to go up to ¾, the market is going back to normal.

Stocks in retreat in run-up to Fed minutes
http://news.yahoo.com/stocks-retreat-run-fed-minutes-140514069.html
Fed Meeting is April 24th and 25th. Not expecting anything big until June meeting.

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Monday, March 26, 2012
Wall Street rallies after Bernanke comments

Bernanke says US job market weak despite gains
http://finance.yahoo.com/news/bernanke-says-us-job-market-120142888.html
Total spin article to get the Fed off the hook and get Obama reelected. Banks will not lend until the Fed raises their interest. Private businesses (70% of the U.S. GDP and 25% of World GDP) will not bring hiring levels up until they can get a loan. It is that simple. Raise the interest rates.

Wall Street rallies after Bernanke comments
http://finance.yahoo.com/news/stock-index-futures-signal-slight-082049037.html?l=1
Spin article. Bernanke said the Fed would not raise interest rates till 2014. If they keep rates low that long, the U.S. private sector (70% of the U.S. GDP and 25% of World GDP) will stay stagnant. Raise the interest rates, banks start lending and private businesses start expanding.

How the Fed Hurts Retirees
http://finance.yahoo.com/news/how-the-fed-hurts-retirees.html
True article. Fed keeps interest rates down and saving accounts and other retiree investments make little to nothing, hurting retirees.

Comments (0)
Monday, March 12, 2012
The Fed Is Wall Street’s ‘Drug Dealer’: Lance Roberts

The Fed Is Wall Street’s ‘Drug Dealer’: Lance Roberts
http://finance.yahoo.com/blogs/daily-ticker/markets-addicted-qe-yes-fed-wall-street-drug-142857829.html
Why should Wall Street get and advantage the rest of us don’t.

Kitco Gold Brief: Gold Traders Wait For Bernanke

Gold Declines for First Time In Four Sessions on China Slowdown Concern
http://www.bloomberg.com/news/2012-03-12/gold-declines-with-commodities-on-slowing-chinese-economy-dollar-strength.html

Comments (1)
Monday, February 27, 2012
Debt Ceiling Fight: Coming sooner than expected?

World Bank to China: Reform your economy or face collapse
http://finance.yahoo.com/news/world-bank-china-reform-economy-111700677.html?l=1
More cracks in China’s economy.

Debt ceiling fight: Coming sooner than expected?
http://finance.yahoo.com/news/debt-ceiling-fight-coming-sooner-112400128.html?l=1
If Republicans win big in November, maybe they will make some real cuts in December.

Republican House bill would strip Fed's jobs mandate
http://news.yahoo.com/republican-house-bill-strip-feds-jobs-mandate-012420790.html
Carter added the mandate for the Fed to help with jobs, they have had very little success. There job is to protect the integrity of the dollar and every U.S. citizens hard earned wealth.

Comments (1)
Friday, February 24, 2012
Why the Fed can't fix housing
Why the Federal Reserve can't fix housing
http://finance.yahoo.com/news/why-federal-cant-fix-housing-162000486.html?l=1
Operation twist means when the Fed does raise the interest rates, long term (home loans) will only go up a little, but short term (business loans) will go up a lot. Both are good for U.S. Economy and bad for world economy. This will correlate to the dollar strengthening and gold prices falling. 

Comments (0)
Monday, January 30, 2012
What will happen to CD rates, the housing market, & gold?
What will happen with CD rates in 2012?
http://finance.yahoo.com/news/happen-cd-rates-2012-080124681.html
The Federal Reserve’s promise not to raise rates till 2014 will keep savings and CD’s rates down, banks will refuse to lend money, which will cause stagnation in private sector. Remember this is only a promise. They can change that decision any time they want. Dollar down, gold up.
 
Robert Shiller: A Housing Bottom? What Are They Thinking?
http://finance.yahoo.com/blogs/daily-ticker/robert-shiller-housing-bottom-thinking-134116144.html?l=1
The Federal Reserve’s promise not to raise rates till 2014 will keep savings and CD’s rates down, banks will refuse to lend money, stagnation in private sector.
 
Bernanke Gives the Green Light to Buy Gold! Says Trader
http://finance.yahoo.com/blogs/breakout/bernanke-gives-green-light-buy-gold-says-trader-132746098.html?l=1
 
China fuel prices hit trigger point for a hike
http://smallbusiness.yahoo.com/advisor/china-fuel-prices-hit-trigger-point-hike-033344729.html
China is losing more and more of its manipulated promised advantages. People do not believe China’s promises anymore.
 
Greece: Banks warn bond deal could delay merger
http://news.yahoo.com/greece-banks-warn-bond-deal-could-delay-merger-115201051.html
People do not believe Europe’s promises anymore.
 
Tags :  CD ratesFederal ReserveHousing MarketGoldfuel pricesChinabonds
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Monday, January 23, 2012
Strong start for the stock market, but what has changed?
Strong start for stocks, but what's changed?
http://smallbusiness.yahoo.com/advisor/strong-start-stocks-whats-changed-191459729.html
A lot of good facts with the wrong conclusions. Read the facts, not the conclusions and make your own decision. U.S. Private Sector (70% U.S. GDP) is surging. The rest of the world slowing.
 
More Lockouts as Companies Battle Unions
http://finance.yahoo.com/news/more-lockouts-companies-battle-unions-114401654.html?l=1
Public unions and cooperative bargaining will cease to exist in  the next 5 years. Americans cannot afford them any longer.
 
Top 100 U.S. zip codes hit hardest by foreclosures
http://finance.yahoo.com/news/top-100-u-zip-codes-102300188.html
 
Lost decade of growth for the West
http://smallbusiness.yahoo.com/advisor/lost-decade-growth-west-201405864.html
U.S. private sector (70% of U.S GDP) has had steady growth for over a year. The U.S. is separating itself from Europe. The Federal Reserve has reversed its long term policy of devaluing the dollar.
 
Boehner: Republicans may link pipeline to tax bill
http://news.yahoo.com/boehner-republicans-may-pipeline-tax-bill-174404911.html
The U.S. needs to trade with allies not enemies.

Comments (0)
Friday, January 13, 2012
Mortgage Rates Drop, Is This Operation Twist?
Obama seeks power to merge agencies
http://news.yahoo.com/obama-seeks-power-merge-agencies-161650498.html
Smoke screen. Reorganize 5 agencies and cut 20,000 jobs, than he can reorganize anything else he wants, after that, republicans will not give him this power.
 
Rate on 30-year mortgage drops to record 3.89 pct.
http://finance.yahoo.com/news/rate-30-mortgage-drops-record-150304575.html
Operation twist by Federal reserve is to sell all of its short term bond and treasuries and buy long term, locking in longer term rates at lower levels. Opening short term rates to go up.
 
A.M. Kitco Metals Roundup: Comex Gold Weaker On Corrective Pullback From Recent Gains
http://www.kitco.com/reports/KitcoNews20120113JW_AM.html
Dollar going up, gold going down.
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Monday, December 5, 2011
Emerging Markets and Secrets of the Bailout
Five Myths About Emerging Markets
http://finance.yahoo.com/news/five-myths-about-emerging-markets.html?l=1
Half truth, raises some concerns, it should go further and state the huge risk in emerging (commodity based economies) based on a strengthening dollar.

Secrets of the Bailout, Now Told
http://finance.yahoo.com/news/secrets-bailout-now-told-122008831.html?l=1
Recession caused by the financial institutions, Federal Reserve bailing them all out at the Private Sectors (70% U.S. GDP) expense.

Europe’s Big Week: Early Returns Good, Big Challenges Remain
http://finance.yahoo.com/blogs/daily-ticker/europe-big-week-early-returns-good-big-challenges-161059361.html
Europe’s promises always sound good, they just never deliver.

Comments (1)
Friday, November 18, 2011
The Strengthening Dollar and Government Gridlock
A.M. Kitco Metals Roundup: Comex Gold Sees Corrective Bounce As U.S. Dollar Index Backs Off, Crude Oil Gains
http://www.kitco.com/reports/KitcoNews20111118JW_AM.html
Third paragraph, 5 weeks of strengthening dollar. Started when Federal Reserve reversed its seven year policy of weakening the dollar with operation twist.

Automatic spending cuts a new threat to US economy
http://finance.yahoo.com/news/automatic-spending-cuts-threat-us-080312061.html?l=1
Federal Government is grid lock until Nov 3 2012. Hurt some industries but will strengthen the U.S. dollar.

Analysis: IMF can no longer avoid bigger role in eurozone
http://news.yahoo.com/analysis-imf-no-longer-avoid-bigger-role-eurozone-143527839.html
Spin. When they say IMF, they mean U.S. (25% of the funding for IMF). They are begging for the U.S. to bail them out.

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