Why the End of Quantitative Easing May be Bad For The Dollar (& Good For Gold & Silver)

What Happens When QE ends? How to Buy Gold How To Buy Silver “The United States can pay any debt it has because it can always print money to do that.” Former Federal Reserve Chairman Alan Greenspan responding to a question as to whether United States Treasuries were safe to invest in. From a (kinda) Read More →

Never Mind the Bullards!

Bullard Needs to See More Data “The Fed needs to see more data on macroeconomic performance for the second half of 2013 before making a judgment” Federal Reserve Bank of St. Louis President James Bullard’s pretty vacant explanation about the pace of its $85 billion-per-month program of bond buying. After talking taper for months it Read More →

Bernanke Warns of Tanking the Economy

Bernanke- The Economy is Weak “I don’t think the Fed can get interest rates up very much, because the economy is weak, inflation rates are low, if we were to tighten policy, the economy would tank.” Ben Bernanke testifying at the House Financial Services Committee last week. With those words Ben Bernanke confirmed what we Read More →

Ben Bernanke’s Testimony Can Be Summed Up in a Tweet

Axel Merk (@AxelMerk) of Merk Investments made this point on Twitter “Why are there blogs, when there’s Twitter? 140 characters plenty to summarize Bernanke.” I agree but couldn’t resist banging out a blog post anyway. I tweeted a few times my summary of Bernanke’s testimony this way: @AxelMerk @WSJ Ben saying it all “depends” “IF” Read More →

How to Spot an Economic Recovery Addict

Economic Recovery Addicts Since the beginning of the Great Recession, dating back to the “green shoots” days of early 2009 and recovery summer of 2010, there has been a crowd of analysts, journalists and pundits searching for signs of an economic recovery. One group of analysts sifts through the data and determines most of it Read More →

Bernanke Tapers the Taper Talk

Yesterday in a question and answer session Federal Reserve Chairman Ben Bernanke made it clear that the Fed’s dual mandate, one that includes maximum employment was not being met. Bernanke said that he was not satisfied with the employment situation because of underemployment and the low labor participation rate. He also noted that the unemployment Read More →

You Can’t Get There From Here – Straining to Regain Real Estate’s Promised Land

You Can’t Get There From Here Real Estate News “The mind is its own place, and in itself can make a heaven of hell, a hell of heaven..” ― John Milton, Paradise Lost As the real estate market gained steam earlier this year, a common anti bubble meme emerged- “this ain’t no bubble, home prices Read More →

Part -Time U.S.A. – How Part-Time Employment is Impacting the Economy

Part Time USA “I tried for modeling work but it was a bit slow and that’s when I took a part-time job at McDonalds. It gave me income while I was waiting for my big break and at the very least I could eat.” Sharon Stone Friday as the jobs report was being released Ryan Read More →

The Fed’s Exit Strategy – Podcast 6.12.13

Announcing Smaulgld’s You Tube Channel with our first podcast: The Fed’s No Exit Dilemma Get Free Updates From Smaulgld.com Subscribe to Smaulgld.com and get the free “In Case You Missed It” weekly email as well as updates and analysis on gold, silver, real estate and the economy. Also get the free report “Twelve Key Differences Read More →

The King is Surrounded: Bernanke’s No Exit Dilemma

“To print or note to print that is the question;-Whether tis nobler in the mind to suffer the slings and arrows of economic misfortune, or to print volumes against a sea of troubles, and by opposing end them?” Imaginary ruminations of Ben Bernanke Last week was a bad week for Fed Chairman Ben Bernanke. The Read More →