Central Bankers Can’t Save Us This Time

Central Bankers Can’t Save Us This Time

Mar 4, 2020 | World News

There is a time for scientists and carefully vetted facts and a time for men who tell the public that everything is great, nothing to see here. It’s clearly a time for the former and less delusional chatter from the latter. The latest magical thinking is that if Fed...
Gold pulls back modestly from yesterday’s strong gains

Gold pulls back modestly from yesterday’s strong gains

Mar 4, 2020 | Gold

(USAGOLD – 3/4/2020) –  Gold pulled back modestly from yesterday’s strong gains inspired by the Fed’s aggressive half-point rate cut.  It is trading at $1642 – down $4 on the day.  Silver is down 13¢ at $17.16.  The cut played to mixed reviews on Wall Street. Some...
Powell Painted Into A Corner, Again

Powell Painted Into A Corner, Again

Feb 27, 2020 | Finance

Back in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020. If anything, this isn’t complicated. As last year began, the...