Now, as to whether or not the Fed will be able to catch up to the curve in any reasonable time frame, that’s another question altogether. It looks daunting, and I think the Jawbones know it.
The Federal Reserve's increasing dependence on the high-risk strategy of using massive amounts of overnight reverse repurchase agreements (reverse repos) as the long-term source of funding for the national debt.
There's a lot of misunderstanding and misinformation floating regarding rising interest rates and gold prices. Let's take some time today to try to clear things up.
The 70-odd gold and silver commercial traders on the COMEX colluded among themselves to make sure they stuck together and refused to pay up to buy the 50,000 gold and more than 12,000 silver contracts and let the sellers come to them.
