"The Fed always have the fail-safe that they are data dependent. They always say they are going to act based on the data. They have actually never committed to doing anything. What is amazing is that the Fed has any credibility at all. Because I don't know why people haven't figured out this [...]
Readers of this site should already have a good sense of how economic policies affect oil prices. For the past year, this site has provided sources of information that predicted the teetering stock market and unstable oil prices. For those that have frequent the first iteration of our Facebook page, for the past [...]
"Even though the Dow is at new highs today, it’s at a two- to three-year low if you price it to real money, which is gold. Stocks are not going up, the value of money is going down and gold proves that. What hurt gold up until this year was the widespread [...]
"With President Obama determined not to allow the nation to believe in reality - proclaiming the error of the "doom and gloom" narrative - we found it fascinating that real Americans (as exemplified by Dallas Fed respondents) appear to see a different less 'exceptional' America." Source: zerohedge.com
"Even though the Dow is at new highs today, it’s at a two- to three-year low if you price it to real money, which is gold. Stocks are not going up, the value of money is going down and gold proves that. What hurt gold up until this year was the widespread [...]