But she wouldn't answer Bob Corker's question. He let her off the hook after hearing enough.
Remember folks, the ONLY way they pay back debt is with Negative I rates. So the idea has been floated. Today, Jim Bullard set the table.
I am waiting to hear Stanley Fischer's take on it.....
Get the round table ready.
We're back in play--officially.
The promise or threat of NIRP will likely give quite a boot to silver and gold. They will be floating the thought to get us used to it. They already tested the waters in Japan, Denmark, Swizzerlandand and it didn't bury them yet.
We have to be careful what we wish for,
PS: Good to see you.
My etch a sketch has a curvy line up and then down a bit for 2016 with a diag.line up by 2017. I shake it and it keeps coming back.
The pop we're experiencing goes against every conventional piece of wisdom.
I put my life remote on pause. And hope I can hang around long enough to see it play out. I have good seats for the show and just finalizing the security.
It's actually worse!
So,does Joe Sixpack actually believe?
Unemployment is 4.9%?
Inflation is non-existent and just recently rose to 2.2% annual rate?
Wages have kept up with inflation?
The world is a safer place?
The second amendment is SAFE and we will maintain our right to bear arms?
We have fair tax rates in the USA?
Middle Class America is better off than ever before?
We will NEVER have negative interest rates?
Our political system is going to save us.
If you believe all the above, you've been in a coma!
But--with due respect to our wonderful political system, we CAN profit in the coming months and years.
I know, because I hold a Trump card!
And THAt keeps our markets stupified and terrified--and Gold and Silver ready to romp.
We must be careful what we wish for.
LOL.....all the way to the bank.
But, I got my Trump card!
My collection of Trump Cards will be worth a fortune.
As will my frozen Veal chops. Runnin outa room in my freezer.
Will go to Home Depot and buy another freezer with about 26 silver dollars.
He is the dog in the dog and pony show.
Says the Fed is NOT even talking about negative interest rates, yet they are including a model in the stress test.
Spout the hawkish balance, except he has no bullets in his jism. Can't vote.
Talk about transparency?
We have a broken system and he is just adding fuel to the fire.
I think the first part of the answer is, take a look at the "mining" sector in AU and AG.
Even though a streamer, it gets lumped in with that sector.
The sector has been one of, if not the best performing in the market.
Take a look at others,such as CDE.
The next question, is why, then, will it continue?
The second part of the discussion ( assuming what I wrote to be true), with the sector up about 25% since end of January,
With AU and AG up about 12-15%, and individual companies up 50% and more, is the move justified? Or, did the sector move too much to quickly?
Will it continue?
Some say the deep drop over the past 4 years was WAAAY to steep and this move is merely correcting.
So, what looks like a price independent of the price of AG, actually is not and it's correlated.
Then of course, everything we have been saying for the last 10, 15 years which we expected to happen, "MAY" finally be getting closer.
And, don't think for a minute that the Trump card hasn't put the fear of something into the markets.
As have negative I rates, and more of the same honest data going into UE rates and GDP etc etc.....
Just some opinions.......
Another set of topics causing some enlightenment in the markets;
Central Banksters are now all mentioning "alternatives" to our currency. I heard Janet yell about it and I just heard Jim Bullard mention the same topic.
I know of 2 alternatives;
Gold and or silver, and the other, scarier one.
Search on Blythe Masters.You remember her, right? She was at the center of a conspiracy theory for years regarding London Gold fix. Search to see what she's up to these days.
In one felt swoop,ALL of China's problems are gone.
Monday back to 11% growth,$100 per bar oil prices, CPI up 4% and revisions to GDP upwards of 4% right?
COnstruction Boom ahead for CHina,right?
No more problems--except POOF. Then you wake up.
The best we have to muster for our system is either Billary or the Trump card?
Search for the article and read!
Miners and of course, streamers have been outperforming EVERYTHING.
ON a day like today, AU and AG are either down a bit or near flat.So why the disconnect?
Central Banksters ARE eating up supplies of gold. That is fact.
But, they do NOT want outright panic so banksters are shorting electronic PMs. That, they can control.
But, it's very difficult for them to control ALL MINERS.They can short GDX and other mining ETF plays but it's getting out of control. So, electronic traders are gobbling up the miners and physical --The IAU fisaco is proof the genie is getting let out of the bottle.