Black swan hedge funds are booming in scary times
Bloomberg/Denitsa Tsekova and Erik Schatzker/7-27-2022 “An increasingly popular sales pitch on Wall Street goes like this: If you’ve insured your home against some disaster, or...
White House insists economy is strong as allies grow restless over Fed
Comment on this story comment President Biden and his top advisers insist the US economy remains strong, even as it shows new signs of slowdown...
David Morgan Silver Guru – What’s going on with silver?
“Silver is something that’s needed. It’s essential, it’s imperative, you cannot run a society without silver,” This week we welcome the Silver Guru David Morgan...
Comex Deliveries: August Gold Starts Strong
July 29, 2022 by SchiffGold 0 0 Gold: Recent Delivery Month Delivery volume in the July gold contract got off to the weakest start in years, but then had...
Here’s Why You Shouldn’t Invest in ETFs
Natalie Laz via Kinesis In this week’s Live from the Vault, Andrew Maguire explores the dubious practices in the ETF market, shedding light on the...
Are interest rates set to go higher than anyone thinks possible?
Money Week/Dominic Frisby/7-26-2022 “I’m not sure Bailey or Lagarde have the right belief systems. In the case of Lagarde, I’m as sure as dammit the...
Spin Cycle: SchiffGold Friday Gold Wrap July 29, 2022
July 29, 2022 by SchiffGold 0 0 This week, the Federal Reserve raised interest rates another 75 basis points despite a second straight quarter of negative GDP growth....
Chicago PMI Unexpectedly Plunges To 2-Year Lows
Against expectations of a modest decline, the Chicago PMI for July tumbled from 56.0 to 52.1 (well below the 55.0 expected) – the worst in...
Not that we’re gold bugs and yet……
Adam Smith/Tim Worstall/7-27-2022 “It is actually possible for this modern monetary theory idea – government should just print whatever money it needs then spend it...
Fed Balance Sheet: Too Little Too Late
July 29, 2022 by SchiffGold 0 0 Breaking Down the Balance Sheet Another month shows the Fed still struggling to implement Quantitative Tightening (QT). According to the Fed,...