Tag: Federal Reserve

The QE2 is Leaking Like a Sieve

The Federal Reserve’s second round of quantitative easy is already running aground thanks to a confluence of circumstances that make it more attractive to invest away from the United States and its currency.

Real Yield Curve Offers Unique Forecasting Perspective for Gold Prices

The Federal Reserve has made it clear that it will indulge in whatever quantitative easing, dubbed “QE2”, it deems necessary to revive the US economy (and rebalance the global economy if you’re Titan Timothy Geithner). Those are fighting words to be believed with mid-term elections around the corner and national elections on the horizon. Yet gold prices have been flaccid in the face of the latest news.

A Reminder of James Grant’s Contrarian & Gold Laden Perspicacity

ST. LOUIS (MineFund.com) — A very useful interview. Consuelo Mack with Jim Grant of the eponymous Interest Rate Observer dating from October 2009. He was rather bullish on the US economy in his own right, never mind the circumstances of the market which look to be growing heavily over-extended on the fundamentals.

Long gold hedge funds on top as Paulson gains $500m on one deal

Hedge funds typically avoid saying much publicly about their positions and strategies. Yet two men have repeatedly used public platforms to declare themselves very long gold.

Greenspan: that moral hazard stuff is, like, bad

Alan Greenspan criticizes his successors for bailing out banks that abused their implicit government guarantee. Long Term Capital Management, anyone?

Fed publicizes thoughts on ending "quantitative easing"

ST. LOUIS (Alpha Found) — The Federal Reserve has to drain excess liquidity to prevent a rash of new bubbles and accelerating inflation, but how to do it without setting off another panic? It is estimated that at least $1 trillion will need to be drained as the Fed seeks to bring its balance sheet […]