Bank bail-ins are becoming more and more of a hot topic.
With changes in the laws, banks in the USA will have the ability to "bail-in" your money during a financial crisis.
So do you see how everything is completely in flux at present? This is madness, and it's all due to the overwhelming reliance and dependence that "the markets" now have for the Fed.
Can The Fed Raise Interest Rates with the yield curve inverted? Are we on the verge of another major Fed policy error?
Are they about to taper and raise rates going into a recession?
The big event this week is the FOMC on Dec 14/15. What will the Fed do? Taper faster? Hint at rate hikes? Is inflation still transitory? Could be a key meeting.
The recent data suggests that there is no clear downward trend in the volume of swaps and hence it seems premature to claim that an exit from the swaps due to "Basel III" regulations is happening.
Gold and silver markets are coming under pressure again this week as investors weigh economic growth prospects against the risks of inflation and deleveraging.
You won’t be surprised to know I disagree with recent Federal Reserve policy choices. The Fed’s future choices are more important, though. Debating what they should do is one thing. Anticipating what they will do is critical.
The Fed is trying to fight its own inflation by talking tough on slowing QE and hiking rates. Tightening will force stock markets to roll over, quickly returning gold to favor.
