Janet Yellen’s Congressional Testimony – Review – Podcast 11.15.13

Janet Yellen’s Congressional Testimony November 2013 The Fed Never Has to Say “Sorry” Recap of Janet Yellen’s Testimony Podcast Summary: Discussion of Janet Yellen’s Testimony 0:00-17:30 How a Yellen Fed would impact QE, home prices, stock prices, tapering, money printing, Fed credibility vs. Obama credibility 17:30-23:30 Discussion of the efficacy, structure and self-dealing of the Read More →

Five Long Years in the Fed’s Potemkin QE Village

The term Potemkin Village comes from the story that Potemkin in order to impress the Empress of Russia constructed fake buildings Pe

The Fed’s Potemkin Village “We pretend to work and they pretend to pay us.” Anonymous Soviet Union “worker” Five Long Years in The Fed’s Potemkin QE Village The term Potemkin Village is derived from the account that Prince Grigory Potemkin once constructed a fake but lavish looking village along the banks of the Dnieper River Read More →

U.S. Mint Reports Record Sales of American Silver Eagles

The U.S. Mint Reports Record Sales of American Silver Eagles – Over 40 million ounces of Silver Eagles sold so far in 2013* – Surpasses record set in 2011 of 39.868 million Today the United States Mint released their sales figures through November 12, 2013. Month to date the U.S. Mint has sold 1,000,000 one Read More →

The Labor and Real Estate Markets and Interest Rates – Podcast 11.8.13

The Labor Real Estate Markets and Interest Rates Consumer Confidence in The Housing Market Hits All Time Low Podcast Summary: Intro: 0:00-4:42 Ryan introduces the program and reviews the European decision to lower interest rates and impact on U.S. mortgage rates. Ryan notes the 3rd Quarter GDP growth of 2.8% and initial jobless claim data. Read More →

Mortgage Applications Tumble – Just a Flesh Wound, Keep Fighting!

Mortgage Applications Tumble Mortgage applications tumbled 7% last week. Real Estate News The economic and housing “recoveries” are over and have been for months. Yet hope persists (the market has taken a slight “pause”!) that recent set backs in pending home sales, rising interest rates and lackluster job reports are mere bumps in the road Read More →

Mexico To Levy New Tax on Gold and Silver Miners

Mexican Mining Tax Check out the Smaulgld Gold Buying Guide Check out the Smaulgld Silver Buying Guide Live Silver Prices Live Gold Prices Will Mexican Mining Tax Curb Silver Supply? Late last month, the upper house of the Mexican Congress approved a new mining royalty tax. The Mexican mining tax would provide for a royalty Read More →

The Fed Provides Future Reasons Not To Taper QE in 2014 – Podcast 11.1.13

The Fed’s Reasons Not To Taper QE The Fed’s Excuses Not To Taper Quantitative Easing Podcast Summary Ryan reviews the recent decision of the Fed to keep their interest rate policy the same along with keeping quantitative easing in place. Ryan predicts interest rates would trade within a tight range and notes that the Fed Read More →

The Silver to Gold Sales Ratio – October 2013

Gold and Silver Sales at the U.S. Mint in October 2013 How To Buy Gold How to Buy Silver Silver Outsells Gold 75.29 to 1 at the U.S. Mint in October The Gold/Silver Ratio was 60.04/1 in October – Retail investors continue to buy physical silver and gold in large quantities -2013 Silver Eagle sales Read More →

October 2013 Fed Meeting Review

Fed Meeting October 2013 How To Buy Gold How to Buy Silver “…the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy. However, the Committee decided to await more evidence that progress will Read More →

The False Housing Recovery of 2013 and How it Unraveled

The False Housing Recovery How To Buy Gold How to Buy Silver Update: The False Housing Recovery of 2014 “Declining housing affordability conditions are likely responsible for the bulk of reduced contract activity” Lawrence Yun, NAR chief economist announcing that pending house sales plunged 5.6% in September The Decline and Fall of the 2013 Housing Read More →