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It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191


*  On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever
* Because it was going to determine …

9 years, 6 months ago

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It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191


*  On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever
* Because it was going to determine …

9 years, 6 months ago

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The Fed Up Fix Is In – Ep. 190


* The price of gold continues to retreat
* Gold was down about $12 today; it closed around $1310
* The dollar index up again as more and more …

9 years, 6 months ago

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Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189


* Earlier today Janet Yellen delivered her much-anticipated and way over-hyped speech at the annual Jackson Hole Symposium
* It wasn't as irrele…

9 years, 7 months ago

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When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188


* The price of gold fell about $12/oz today; silver prices were down another .28
* Both metals have been falling since recent new yearly highs

9 years, 7 months ago

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Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187


* The dollar was broadly weaker today with the dollar index closing down .85 to 94.78
* At that time gold was up about $18; sliver up about .25

9 years, 7 months ago

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Kill The Estate Tax To Save Jobs – Ep. 186


* Today we got the official numbers for Q2 Non-Farm Productivity and the consensus was that it would increase for the first time in 3 quarters; th…

9 years, 7 months ago

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“Strong” Jobs Report More Politics Than Economics – Ep. 185


* What a difference a week makes, or maybe and economic report
* The two big reports that everybody seems to focus on are the GDP numbers and th…

9 years, 7 months ago

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Will The Fed Sacrifice The Recovery Myth To Save The Markets? – Ep.184


* The carnage in global stock and bond markets continues; it really got started last night in Japan
* The JGB (Japanese Government Bonds) droppe…

9 years, 7 months ago

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FOMC Upstaged By DNC – Ep. 183


*  Today the Federal Reserve concluded its 2-day FOMC meeting and it announced - surprise, surprise - that interest rates are not going up
* But…

9 years, 7 months ago

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