Don’t Expect to See a Taper Tomorrow

After the September Fed meeting we heard a bunch a noise from a few Fed Presidents about how they “might” taper their $85 billion a month quantitative easing (QE) program in October, depending on the data. Then the government shut down in October and the data was unavailable. The data that we have seen recently Read More →

Why Saudi Arabia Matters in Helping to Keep the U.S. Dollar as the World’s Reserve Currency

Saudi Arabia and the Petro Dollar How the U.S. dollar obtained the world’s reserve currency status, how it abused it , how it retained it and how it might lose it. Update April 15, 2016: Saudi Arabia Threatens to Dump U.S. Treasury Bonds if 9/11 bill passes in U.S. Congress UPDATE February 2018 – The Read More →

Money Doesn’t Grow on Trees, But Gold Does!

Koala bear in a Eucalyptus tree

Gold Grows on Trees How To Buy Gold Fractional American Gold Eagles in 1/10, 1/4 and 1/2 oz Sizes for Smaller Budgets Do you think money grows on trees? – Ageless rhetorical question While we all know that money does not grow on trees, did you know that gold grows on trees? Researchers in Australia Read More →

How the Debt Ceiling “Crisis” was Averted Podcast 10.17.13

How the Debt Ceiling Crisis was Avoided How To Buy Gold How to Buy Silver Podcast Summary Ryan opens the show by discussing the recent budget deal in which the Congress agreed to extend the debt ceiling until next year. Louis notes that this is what they had predicted would happen. Louis notes that cutting Read More →

Janet Yellen and the Precious Printing Press

the dollar printing ring

Janet Yellen and QE. How To Buy Gold. How to Buy Silver One Printing Press to rule them all In the Land of The Fed where the Shadows lie. – Lord of the Rings parody My Press-ious The Fed’s printing press will be handed over to Janet Yellen early next year. How will she handle Read More →

What the Budget Deal Means for the Economy, Real Estate, Gold and Silver

“Given all of the uncertainty, “it’s hard to argue to change course on monetary policy this month. My personal opinion is that it’s not in play. This is just too tender a moment.”- Dallas Fed President Richard Fisher October 17, 2013 speaking about whether the Fed would taper its quantitative easing program in October. fThe Read More →

The West Sells Paper Gold While the East Buys Physical Gold

smaulgld.com

The West Sells Gold While the East Buys Gold In this quick video on CNBC the announcer makes the point that the price of gold is dropping as those in the west sell paper gold. In the east, however, the announcer notes that physical gold is being bought en masse mentioning the long lines to Read More →

Dysfunctional Fiscal and Monetary Policies

Dysfunctional Monetary and Fiscal Policies How To Buy Gold How to Buy Silver Podcast Summary Louis and Ryan discuss the ongoing budget debates. Ryan notes that Congress continues to raise the debt ceiling. Louis highlights the dysfunctional monetary and fiscal policies of the Fed and Congress. Louis notes that both pretend they are interested in Read More →

Negative Interest Rates and Janet Yellen

before becoming federal reserve chairman alan Greenspan was a gold buging

Negative Interest Rates How To Buy Gold How To Buy Gold “Accommodative policy is appropriate, in my view, because the economy is operating well below its potential and inflation is undesirably low. If it were positive to take interest rates into negative territory I would be voting for that*” – San Francisco Federal Reserve Bank Read More →