Central banks seem to be on a credibility drive at the moment. Last week it was the ECB, yesterday it was the Fed and today it was the Bank of England. All of them are on a mission to..
For over twelve years at TF Metals Report, we have been writing about "The End of The Great Keynesian Experiment". Recent events have moved us closer to this monetary endpoint.
These choices do not increase the chances for a near-term crisis, but they do mean that the chances of a catastrophe scenario are up sharply, in the event of a crisis.
Just a handful of recent bank collapses … with the boost given by Janet Yellen’s recent testimony in congress … have spread shockwaves beneath the entire surface of global banking.
We explain why SVB was not an isolated incident and why other banks are also at risk. Is this the start of the Fed pivot and what does it mean for gold?
Well, based upon history and the analysis legacy left to us by Ralph Nelson Elliott, I think it is a strong probability that we will see a long-term bear market in the United States.
It’s a no-win scenario, as I’ve always said the end of the Everything Bubble would be, but you are better off seeing what is coming than running blindfolded or being guided by the blind like the Fed.
