Tag: FOMC

  • Fed Interest Rate Quandry

    “Americans have had seven weeks to adjust to December’s rate increase and many will be relieved by today’s outcome. Today’s decision to hold rates at 0.5% came as no surprise. December’s rate rise – the first in nine years – was considered a ‘close call’ by some members of the Federal Open Market Committee, and…

  • A Contrarian’s Case for Precious Metals

    In my estimation, Central Bankers around the world have an acute fear of deflation. Their prescription has been (and continues to be) hefty doses of easy money. A plethora of British Pounds, and abundance of Euros, a deluge of US Dollars, a surplus of Swiss Francs. This is an ongoing and concerted strategy to avoid…

  • Bernanke Speaks…will you Listen?

    Image via Wikipedia Not only is tomorrow a Fed decision day on rates Bernanke will be interviewed so expect fireworks. Inside day in Crude oil as we failed to make a new low with prices closing only marginally lower. Our bearish bias exists but we would like to see confirmation. On a break lower we…