The Fed Dramatically Slows the Pace of QT
The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends.
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The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends.
Peter recently appeared on the Silver Bullion TV youtube channel to discuss the national debt, inflation, and economics. His conversation with host Patrick Vierra also hits on the nation’s unemployment rate and the state of the housing market.
Yet again the myth of a “soft landing” even as the CPI surges past its target. Powell is now keen to extinguish the fire though disastrous rate cuts, a sign that the recession is already here.
In this mid-week episode, Peter analyzes recent PPI and CPI reports, reiterates his September rate-hike prediction, and comments on the Tump-Musk X interview that garnered the country’s attention on Monday. He also diagnoses the source of high housing and education costs that have made the economy feel so brutal to everyday Americans.
Americans are already struggling to feed their families and pay their bills, but having predicted every US recession since 1960, the flattening bond yield curve is speaking loud and clear that an “official” downturn is nearly inevitable. With bond prices on the rise as the Fed looks increasingly likely to cut rates in September, the […]
Earlier this year, we discussed the likelihood of the yen carry trade unwinding under the BoJ’s decision to end decades of zero-interest rate policy, or ZIRP. That unwinding now appears to be entering full swing.
Gold closed the week at $2,442 (up $56 since last week) and silver at $28.54 (up $0.64). Terrible jobs numbers this week struck fear in the markets and in the Fed. As recession warnings flash, precious metals are up. Could they go even higher soon?
As the Chinese central bank slashes interest rates in a bid to save its floundering economy, and the Bank of Japan continually intervenes to the tune of billions to save its dying yen, wealthy Chinese consumers are headed in droves to Japan to take advantage of the exchange rate and load up on fancy goods. […]
Gold closed the week at $2,405 (down $5) and silver at $29.30 (down 5%). The US Federal Reserve is growing increasingly worried about the economy as recent data flash even more warning signs. Investors are rushing to gold and silver, pushing prices to all-time highs. The recent dip creates a buying opportunity, especially for silver.
The increasingly desperate, secretive Chinese Communist Party may be powerless to stop the combination of downward trends which, upon passing an event horizon, could trigger a global collapse as the world’s second-largest national economy continues to edge closer to the brink.
The recent CPI report showed that inflation is, according to official data, cooling down — so why are consumers more worried for the future than they’ve been in months? If prices are coming down, shouldn’t that fuel higher confidence and a greater collective sense of economic well-being? One simple answer is that the official data […]