Jay Taylor Talks Gold and Miners: What Happens in a Recession?

What stands before us is one of the most interesting setups in gold and silver I have ever seen.  Not only is sentiment by far the worst I have witnessed in the past several years, but positioning is also the most favorable according to the latest CFTC Commitment of Traders Report (COT).  So we have … Read more

Interview with Dr. Dave Janda – February 2013: Solutions

This interview couldn’t have been timed more perfectly.  We sat down to talk literally fifteen minutes after I published my Mission Statement for 2013, which focuses on solutions to the plight we find ourselves in.  Enjoy!   Like this post? Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G Follow me on Twitter.

Interview Two with Wall Street for Main Street: Look for Capitulation

Everyone is talking about the bloodbath in the miners, but if you’ve stayed in the space this long, or are just waiting on the sidelines, this seems to be the time for a clear head and to be on the lookout for capitulation.  While I don’t spend as much time on the markets these days, … Read more

The Number One Reason to Buy Gold: An Interview with Marin Katusa

In a world where many gold investors are suffering from confusion and frustration, and where mining investors are almost at the breaking point, my friend Dan Ameduri has brought to us an interview with Casey Research’s Marin Katusa.  For those interested in separating the winners from the losers in junior mining, Marin also offers one … Read more

Canada Kills the Penny…Is the U.S. Next?

Yesterday was a historic day in Canadian monetary history, as the mint stopped distributing pennies.  As expected, this sparked a debate in some mainstream media outlets in these United States as to whether it was time for us to do the same. I have been interested in the metal content of U.S. coins for many … Read more

Latest Interview with SGT Report: Are There Really Silver Shortages?

This interview really has something for everyone.  We start off discussing whether or not I think there are actual silver shortages at the moment, and then progress to the Queen of England, the Vatican as well as the oligarchic bankers!  Ultimately, we end it on a positive note as we look forward to a cultural … Read more

Fed Statement is Laughable: The Precious Metals Consolidation is Over

I haven’t written anything about the markets in a very long time due to the experience in extreme boredom that they have become as of late.  The election came and went and now that we are just ahead of the Holiday Season the apathy has hit monumental proportions.  More significantly, what was the point of doing anything ahead of today’s Fed meeting?  There wasn’t any and so nobody did.

Now that the announcement is out, I think in retrospect today will turn out to be a meaningful turning point.  Not so much because of what they said, but because of where certain markets are and because of what they didn’t say.  Let’s start with the latter point.

From the statement, we found out that the Fed is set to launch an unsterilized buying program of $85 billion per month ($40 billion in mortgage backed securities and $45 billion in treasuries).  This part was widely flagged already.  The more interesting part is the language in the text discussing how the Fed will essentially link their low rates to unemployment, with 6.5% being the threshold.

This is all within a text that attempts to portray a very benign and healthy economy, one described as having an improving labor market, a housing recovery and anchored inflation expectations.  Sounds pretty good to me; so then why accelerate the aggressiveness of their radical money printing policy?

The answer is that the Fed realizes its policies haven’t worked and are convinced they need to do more and more to prove an academic point that man is indeed more powerful than nature.  At first, they said a stock market rally would set a fire under the economy.  That hasn’t worked.  Then they said a new housing recovery would do it.  Once again, nein.  So now their answer is just print money like crazy and eventually it will work.  Yes, they are insane, but we already knew that didn’t we.

Actions always speak louder than words and their actions demonstrate a deep concern for the real economy and an unspoken understanding that things are not going well underneath the layers of propaganda.

Now onto the second point.  I think today will mark an important turning point in the markets not just because of what I wrote above, but because of where things stand.

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The Gun Has Been Fired: Precious Metals to Hit New Highs

So I was dead wrong about what the Fed would do in the video blog that I put out last night.  I did not expect them to expand their balance sheet with asset prices as high as they are and the economy supposedly growing.  This is THE signal I have been waiting for (and the … Read more

Video Blog #2: What to Expect from the Fed Tomorrow

Since nothing else moves the markets these days besides the utterances of insane Central Planners armed with printing presses, I figured it would be a good idea to preview tomorrow’s Fed decision.  I find the setup particularly interesting since the consensus seems to be expecting QE3 and I do not.  Have a watch! Like this … Read more

My First Interview with GoldMoney.com

I had the pleasure to record an interview earlier this week with GoldMoney.com’s Alasdair MacLeod.  We talk gold, silver, bitcoin and the two paths humanity can take going forward.  Either toward a centralized, police state gulag or a decentralized, free and open society.  The choice is ours.  Have a listen! Like this post? Donate bitcoins: … Read more