With the price of gold surging back above $1,425 on the TOCOM in Japan, plus a surprise in stocks.
Fed Mandate: Create Larger Bubbles And Make Next Crisis More Severe
July 10 (King World News) – (Fed Chairman) Powell: “We see the economy as being in a good place and we’re committed to using our tools to keep it there.” Daniel Lacalle, Chief Economist at Tressis, responded: “A strong economy does not need a rate cut to remain in a good place. Rate cuts will create larger bubbles and make the next crisis more severe.”
Stay Long Gold
Mike Larson, Senior Analyst at Weiss Ratings: “…in a race to/further below zero when it comes to interest rates! Ergo, IMO, buy/stay long gold, short-to-intermediate end of Treasury curve.”
The Race To Zero
Daniel Lacalle, Chief Economist at Tressis: “The race to zero. (See below).
US Treasury Yields Update:
2-Year: 1.842%
3-Year: 1.814%
5-Year: 1.836%
7-Year: 1.938%
10-Year: 2.065%
30-Year: 2.573%
SURPRISE: 4th Largest Stock Fund Outflow In Over A Decade!
Jason Goepfert at SentimenTrader: “According to the Investment Company Institute, investors pulled more than $28 billion from equity funds (mutual and exchange-traded) in the week before Independence Day. 4th-largest outflow in over a decade. (See chart below).
SURPRISE: 4th Largest Stock Fund Outflow In Over A Decade!
Schiff Says Collapse Of Dollar Will Lead World Back To Gold
READ THIS NEXT! GOLD SURGES $20: Peter Schiff Says Collapse Of US Dollar Will Lead World Back To Gold Standard, Plus So Goes China, So Goes The World Economy CLICK HERE TO READ
KWN has released the powerful audio interview with Gerald Celente and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
More articles to follow…
In the meantime, other important releases…
Gold Surges Back Above $1,410, Powell Confesses, Another Gold Catalyst, Rate Cut Odds Spike CLICK HERE TO READ
Inflation: A Look At Rising And Falling Prices, The Bottom Line CLICK HERE TO READ
Chart Of The Day, Tidal Wave Of Demand For Assets, Problem With Central Bankers, This Should End Well CLICK HERE TO READ
Wow! Gold & Silver Update, 2019, And There Will Come A Time CLICK HERE TO READ
Are Things Beginning To Come Unglued? More People Borrowing To Get By, What Could Go Wrong? A Warning Regarding Stocks, Plus An Important Gold Chart CLICK HERE TO READ
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