The odds are good that China won't dump its holdings of U.S. Treasuries anytime soon. But by substantially reducing its purchases of U.S. debt - or halting them completely in the form of a buyers' strike - the Red Dragon could absolutely shatter the myth that it is the U.S. Federal Reserve that controls...
Read More »
Today’s gold market is significantly different from the gold market of the 1970s for two reasons......
Read More »
Indeed, the Fed will have to keep a close eye on inflation, but it also will have to watch for turbulence in the housing sector. The FOMC statement said that the Fed is still in the process....
Read More »
ZERO CORNER, DEBT COSTS & ISOLATION
by Jim Willie CB ...
Read More »
Have Violin Must Fiddle
By Neil Charnock
goldoz.com.au
Interest rates are up again here in Australia as the RBA hikes our prime rate by 0.25% to 3.75%. One bank has already come out with a 0.45% hit on mortgage borrowers of nearly double that figure. The Federal Treasurer stated that the banks have no...
Read More »
This is a typical argument that many mainstream gold bears make.
It goes like this…. “As soon as the Fed raises rates, it will pop the Gold bubble and the US$ will bottom”
This is totally ridiculous. First, it is real interest rates that matter. Rates need to be 2-3% above the level of inflation. So...
Read More »
