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Will the Fed Destroy Your Portfolio Today?
Tuesday, December 13, 2011 - 10:34am | 779At 2:15pm, the Federal Open Market Committee will release a statement from their meeting today. If you would like to be alerted to the contents of the Fed's meeting as they come out in real-time, signup for a free trial of Benzinga Pro's premium news service. Expectations are low, with most...
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Why Gold Will See $2,000 An Ounce Sooner Rather Than Later
Wednesday, October 5, 2011 - 1:58pm | 932So gold did not go to $2,000 an ounce by the end of September as was discussed last month, but that does not mean it will not get there, eventually. Gold gave back almost all of the gain it had in August (12%) in September, as the short term mentality of "return of capital, not return on capital...
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Markets Unsatisfied With Second Twist
Wednesday, September 21, 2011 - 3:54pm | 397On Wednesday, the Federal Open Market Committee released its decision on interest rates. The FOMC opted to leave rates unchanged, as nearly all analysts had anticipated. Rather, the key news from the meeting was that the FOMC had decided to conduct a second "Operation Twist." Under the plan, the...
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Why Gold Is Going To $2,000 An Ounce By The End Of September
Thursday, September 1, 2011 - 1:14pm | 833We discussed the reasons last month why gold would go to $2,000 an ounce by the end of August. That did not happen, and fell well short of that level, closing at roughly $1,830 an ounce. Still, gold had a spectacular month, gaining 12% during August, thanks in part to worries over the S&P...
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Goldman Wants QE3, Will They Get It?
Tuesday, August 30, 2011 - 11:42am | 1282When Goldman Sachs called for QE3 to be announced, many expected it would be hinted at, or perhaps even announced at Jackson Hole. Obviously that was not the case, with Federal Reserve Chairman Ben Bernanke not announcing any plans. Bernanke did leave the door open at Jackson Hole, but nothing...
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Is QE3 Right Around The Corner?
Tuesday, August 30, 2011 - 8:58am | 916So much for no QE3, at least if Charles Evans gets his way. Chicago Federal Reserve President Charles Evans was on CNBC just a few minutes ago, and comments from Evans made it sure seem like an additional round of quantitative easing is on its way. Gold, silver, and bonds are moving higher on the...
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Is Ben Bernanke Just What The Doctor Ordered?
Tuesday, August 23, 2011 - 12:00pm | 958If Ben Bernanke is going to be Superman on Friday, he needs to prescribe some medicine for the good doctor. Dr. Copper that is. Strong copper is the lifeblood of a strong economy, there is no doubt about that. Copper is used in industrial production, and the higher copper prices are, generally...
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The Little Town That Could Change The World, Again
Monday, August 22, 2011 - 9:59am | 892Friday, August 26. Jackson Hole, Wyoming. For a place renowned for its beauty, peace and serenity, Friday will be one of the busiest, and perhaps the most important day in the history of this small, historic, skiing and fly-fishing resort. Of course, this is where the Federal Reserve's annual...
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How To Play The Coming Recession
Monday, August 1, 2011 - 2:26pm | 902U.S. Treasuries have always been seen as a "safe" investment, backed by the full faith, and credit of the U.S. government." Yet with worries about the debt ceiling, and the possibility of a downgrade of U.S. debt, we have seen the continued move down in yields on U.S. Treasury debt. Many market...
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With QE2 Dead, Are We Staring Down a Bull or Bear?
Tuesday, July 5, 2011 - 11:49am | 582Well folks, the training wheels are off. QE2 is over. Is the economy ready to stand on its own two feet? Will it collapse? Will Uncle Ben and his band of merry bankers rise to the occasion? Let's investigate the scenarios. First, did the program work? This has two implications. One, if QE2 is...
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Operation Twist 2: How to Trade Tomorrow's FOMC Meeting
Tuesday, June 21, 2011 - 9:09am | 538All eyes and ears will be on Ben Bernanke tomorrow, and everyone will be listening and analyzing every single words, dissecting it a million different ways. The Federal Open Market Committee (FOMC) is holding its two-day meeting which starts today, and the decision will be released tomorrow at 12:...
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Wednesday's Fed Decision Could Catch Markets Off-Guard
Monday, June 20, 2011 - 10:34am | 650On Tuesday and Wednesday the Federal Open Market Committee will meet to discuss future monetary policy. The decision the FOMC reaches may dictate the flow of the U.S. economy for the remainder of the year. According to The Wall Street Journal, the general consensus from economic commentators is...
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Ron Paul Should Be The Next President Of The United States
Thursday, June 16, 2011 - 6:38pm | 1286The United States of America may potentially be on the precipice of a Greek-style debt crisis within a few years, and our economy is increasingly looking like it may be at risk of entering another recession - and the Financial Crisis 2.0 could make the Great Recession look tame. Simply put, the Fed...
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Majority of Forex Pros Do Not Anticipate QE3
Tuesday, June 14, 2011 - 2:42pm | 284The general consensus among foreign-exchange professionals is that there will be no third round of quantitative easing. Bloomberg surveyed the professionals that attended its FX Summit in London last week and found that 65% believed that there would be no QE3. The Federal Reserve is set to...
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US Long Bonds are a Buy
Monday, June 6, 2011 - 4:08pm | 111US Treasury Bonds are a buy here. At least that's what the charts are saying. As the market focuses on the end of QE2 the chart for US bonds is one of the prettiest I've seen recently. The iShares Barclays 20+ Year Treasury ETF (TLT) is breaking above its 200 day moving average and all signs point...