Now Playing at Rambus Chartology<\/p>\n
FED FOLDS : GOLD BULL IGNITES<\/p>\n
“This week the FED backtracked on future rate hikes and any further shrinking of its balance sheet. They tacitly endorsed permanent monetizing of government debt, the gold sector took notice and gapped higher on Friday. It is simply amazing how rapid the Powell FED has gone from tough guy to stock market pansy boy, ruled by the stock market\u2019s demands.<\/p>\n
Free market economists have stated for decades that once interest rates reach the zero bound, you can\u2019t get off. They have now been proven right. Alan Greenspan corrupted the markets and addicted them to easy money. Bernanke was a naive intellectual who enabled the market to go from being a light abuser to becoming a hard core easy money addict. Janet Yellen was simply a pathetic dealer who supplied easy money to the market while whispering platitudes that the market would soon be weened off of easy money and all would be well. Enter Jay Powell with good intentions to normalize rates and the FED\u2019s balance sheet. He had a plan to ween the market off of easy money, but as Mike Tyson says: \u201cEveryone has a plan until you get hit in the face\u201d. After the first punch was thrown and the market dropped 19% the plan went out the window. We can now see that Jay is just another pansy boy unable to stand up to the markets insatiable need for easy money. Where is Paul Volcker when we really need him?”<\/p>\n
For Rambus Members<\/p>\n
https:\/\/rambus1.com\/2019\/01\/27\/weekend-report-fed-folds-gold-bull-ignites\/<\/a><\/p>\n “Gold knows it, we now know it\u2026but the public is always late to the party, so it will be slow going at first, but that just gives us a little more time to position ourselves for what is coming. No Knights it\u2019s not too late to get on board, it\u2019s actually just the beginning”<\/p>\n","protected":false},"excerpt":{"rendered":" Now Playing at Rambus Chartology FED FOLDS : GOLD BULL IGNITES “This week the FED backtracked on future rate hikes and any further shrinking of its balance sheet. They tacitly endorsed permanent monetizing of government debt, the gold sector took … Continue reading