(Recorded on 12/10/24) In Module 8, we delve into advanced techniques to fine-tune your approach and adapt to various market conditions, ensuring flexibility in any trading environment. We also cover using additional indicators for confirmation, advanced risk...
BERNANKE ROCKS THE MARKETS
Fed Announces Taper to Begin in January
The December FOMC meeting policy announcement has been issued: The Fed has decided to slightly scale back its gargantuan monthly bond-purchases by $10 billion per month. According to the policy announcement: The housing sector remains a problem; Inflation is still too low for the Fed’s taste as the Fed’s inflation target remains 2%, and anything below that number ”could pose risks to economic performance.” For the Fed, everything hinges upon an improved labor market outlook. Bernanke added that current political gridlock over America’s most pressing economic issues is “restraining” economic growth. (Fiscal policy vs. monetary policy ‘unbalanced.’) So what is Bernanke’s solution? It is what it always was: “appropriate policy accommodation.” (Translation: Perpetual easy money policies.)
Bernanke’s Speech in 90 Seconds
- Fed’s “Non-Tightening Taper” Slams Gold Prices. Gold drops below $1,200 for first time since June.
- Another leaked FOMC release? Gold, stocks moved dramatically a full 50 seconds before the FOMC statement was officially released.
- Jerry Robinson on the Fed Taper: “Yesterday’s taper by the Fed took me by surprise. However, if you read the full policy statement closely, you will discover that this taper is utterly meaningless, which partially explains why stocks roared higher immediately after the announcement.”
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Inside this Issue
“Profiting From the Coming Paper Money Collapse”
Will Wal-Mart Customers Support “Every Day High Wages?”
Those demanding higher wages for Walmart’s workers should consider the importance of low prices to Walmart’s customers.
India Tax Drop Good News for Gold (Gold member Exclusive)
TOM CLOUD: The Indian government dropped the gold tax from 10% to 6%, which will bring a flurry of new buyers into the gold market.
Mortgage Applications Plunge To New 12-Year Low
Mortgage apps are down 60% from 2013 highs.
11 Unusual Homes You Can Buy Right Now
Just for fun…
CFTC Misreporting Size of Swaps Market, Agency Says
One CFTC official familiar with the matter said the discrepancy could be as high as $55 trillion…
Revealed: Billionaires Who Made The Biggest Financial Gains in 2013
Warren Buffett tops this year’s list with his wealth soaring by $37 million a day. (That’s $1.54 million per hour, or $25,694 per minute!)
Scientists Cut Million-Year Natural Process to Convert Algae into Crude Oil to About an Hour
The Algal Research Journal has documented the breakthrough, which speeds up a naturally occurring process to produce crude oil from algae from about a million years to just minutes.
View the Investor Wire Archive >>
U.S. Financial MarketsReal-time Gold and Silver Prices |
Precious Metals Market Update with Tom Cloud
“World News Headlines That We Are Tracking”
Snowden Document Reveals How Norway Works with U.S. to Spy on Russia
It seems the U.S. espionage was aimed at both Russian nuclear weapons and its oil exploitation of the arctic.
Saudi Arabia Warns It Will Act Against West’s Policy In Middle East
“Our strategic posture is moving from reactive to proactive, we have a new defence policy.”
Russia Plans Rail-Mounted Nuclear Missiles to Counter US Global Strike Program
“If we are attacked, in certain circumstances we will of course respond with nuclear weapons.”
“Archiving the Rise of Big Brother and the Fall of the Republic”
Target Confirms Millions Of Customer Credit Cards Have Been Hacked Since Black Friday
As shoppers swiped or punched in their numbers on the checkout keypad, the hackers copied every single number.
Consumer Reports: Half of All Supermarket Chicken Harbors Drug-Resistant Bacteria
Learn how to protect yourself.
Republican Who Voted Against Medical Marijuana Now Investing in Pot Industry
New York State Assemblyman Steve Katz sure has had a change of heart since he was busted for possession.
Record High in U.S. Say Big Government Greatest Threat
Seventy-two percent of Americans say big government is a greater threat to the U.S. in the future than is big business or big labor.
View the Liberty Wire Archive >>
Broadcast Every Saturday Morning – Hosted by Jerry Robinson
Topic: While gold is down 25% in 2013, our P.A.C.E. Portfolio, which includes gold and silver, is up 16%, testifying to the power of diversification.
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“Daily Investment Trends for the Savvy Investor”
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“A Daily Stock Trading Idea for Short-Term Traders”
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“A Daily Dose of Financial Wisdom from God’s Word”
“A man lacking in sense pledges and becomes guarantor in the presence of his neighbor.”
Proverbs 17:18