Here's the Deal: Economy is not improving, and the Fed TRANSPARENTLY looks incompetent----AGAIN like 2007
when Bernookie said "don't worry be happy" about the dip in real estate, which turned into the Depression of 2007-2018. This morning the claims number which was declared a horror show at the levels you are seeing this week only four short years ago, is suddenly a "modestly improving" economic success story at double the increase in claims predicted by the soothsayers.
So it's damned if they do and damned if they don't--and it looks like they are still going to be buying bonds till the cows come home, and that's a lot of methane, one trillion a year to be exact, for the next 18 months.
To wean away earlier is to put a needle further into the market bubble.
We're not at the bottom yet, silver, gold, or the market in general.
Like I said almost three years ago, they start to unwind the support to the economy only slightly--the equivalent of the downward flow of the entire four percent pop in irates would happen in weeks, not years.
Are you suggesting that markets rise with specie? Clearly that hasn't been the trend for this year. I won't disagree with you about bottoms, but...these vampires are living in Fantasyland! Unfortunately, they are currently living with a lot of my money. I need the tide to turn in specie. Sentiment is no good for the dollar either. Until the tide turns, I will have to ignore the value dropping in my accounts. Too late to turn back!