IEA Flops On Oil Price Prediction
The IEA is good for one thing only, compiling data… their predictive skills ought be ignored. “Davidson” submits Tracking what some authority said over time provides a good means of assessing whether their analysis is valuable or not. The IEA in my opinion simply reacts to price change and does not provide much value to […]
E The Fed Did One Thing Right In The Great Recession. But It Wasn’t Enough
The Fed actually did something right during the Great Recession. It created the Commercial Paper Funding Facility. The CPFF contributed to liquidity in the commercial paper markets. The facility was closed in 2010. Commercial paper funded real estate loans, and with the stricter guidelines implemented after the real estate crash, commercial paper actually has slowed […]
Silver Could Be Poised To Come Out Of The Shadows
While there’s been a lot of attention focused on gold over the last few months, silver has remained in the shadows. The white metal has lagged a bit behind as the gold market turned bullish over the last few months. But there are some good reasons to take a close look at silver. According to Bloomberg, […]
Today’s Trading Plan: Four Wheel Drive Kicking In
Technical Outlook: Despite a slight pullback over the past four days, SPX has managed to put in somewhat of a bull flag pattern on the daily. Today i t is looking to gap out of it and out to new highs on the current uptrend. Yesterday was an extremely volatile session following the ECB decision […]
Alphabet Satellite Imaging Company Terra Bella To Power Next-Generation Maps
Alphabet Inc-A (NASDAQ:GOOGL) will launch and operate a constellation of Earth observation satellites for next-generation mapping and geospatial applications. Skybox Imaging, a subsidiary providing commercial high-resolution Earth observation satellite imagery, high-definition video, and analytics services, was re-branded as Terra Bella and announced new, ambitious plans. Founded in 2009, Skybox Imaging was acquired by Google in 2014 for $500 […]
Import And Export Prices Sink Less Than Expected, But Export Prices Sink More
Import prices are down 0.3% for the month, 6.1% in the last 12 months. This is the 8th consecutive month of declines. Non-fuel import prices have not risen since July of 2014. That’s 20 consecutive months. Export prices are down 0.4% in February, 6.0% in the past 12 months. This is the 9th consecutive month of […]
E Poor Man’s Infograph: The Fed’s Conundrum
Economics can be a dry topic to most. Thus reading through articles and books is tiring. Hence why most individuals pay someone to do it for them. That is why I compiled a 9 figure presentation, straight from the Feds own data, showing a brief thesis of how the Feds zero interest rates and quantitative […]
Gold Juniors Strong In Dark Q4
With gold miners’ stock prices surging dramatically this year, investors’ attention is starting to return to the gold juniors. These smaller miners and explorers suffered terribly in recent years, all but abandoned as gold slumped to major secular lows. But even during gold’s darkest quarter, the fundamentals of the juniors actually mining gold remained quite […]
This Is What A Broken Bond Market Looks Like: Treasury “Failures” Soars To Multi-Year Highs
Earlier this week, when looking at the rapidly fraying dynamics in the all-important Treasury repo market, we explained that as a result of the unprecedented, record shortage of underlying paper, the repo rate for the 10Y has plunged to the lowest on record (and even surpassing it on occasion), the -3.00% “fails” rate, an unstable, broken state […]
U.S. Mint Experiences Strongest Silver Eagles Sales Ever In February
The US Mint recorded their best ever sales for their American Silver Eagles. These coins are a staple in the world silver market for those looking to protect their wealth in precious metals. The stunning performance throughout the month of February saw the mint sell a record-breaking 4,782,000 coins. This marks the 11 th-highest month of […]
