Why the Fed Can’t Get It Right

Why the Fed Can’t Get It Right

Mar 15, 2020 | Fed

The World Health Organization declared the coronavirus a pandemic today. The virus has now spread to over 100 countries and infected well over 100,000 people. After Monday’s 2,000-point collapse of the Dow and yesterday’s 1,100-point gain, stocks broke down again...
The Currency’s Push Gives Gold the Pull

The Currency’s Push Gives Gold the Pull

Mar 13, 2020 | Gold

Gold is trading lower, but definitely not as bad as last night’s starting point with the trade at $1,586.30 down $4 after dipping down to $1,551.00 with the high to beat at $1,594.20. Silver is down 22 cents after yesterday’s “selloff” with the trade at $15.785 after...
They’re Gonna Need A Bigger Rate Cut!

They’re Gonna Need A Bigger Rate Cut!

Mar 5, 2020 | Economy, Fed

Stop and pause for a moment and think about what just happened. The Federal Reserve says the US economy is strong, but it just initiated emergency monetary policy last seen during the worst financial crisis since the Great Depression. Something doesn’t add up. The Fed...