A closer look at the Fed minutes and what is going on behind the scenes
Craig Hemke, founder of TFMetalsReport.com joins us today to chat more in depth about the recent Fed minutes and the disconnect from the speeches after the actual meeting. We find it frustrating that it take 3 weeks for the minutes to come out. When we heard about the non-rate hike last month it was not conveyed where so many of the Fed Presidents stood. We have our questions as to how the meeting in term of the minutes is being presented.
Click download link to listen on this device: Download Show
If the iceberg melts all the way then they’ll really be in hot water, and will themselves become the food for whatever killer whale replaces them.
Is the Federal Reserve FB shareholders?
They are now on Facebook.
Ha! Good one Markedtofuture. Now I’ve seen it all…..
Priced in gold, the pain is not over for conventional stocks this year:
SPY:GLD daily:
Pure Gold Mining looks strong despite the MACD sell signal but I would look for better risk-reward setups anyway, at this time.
I sold out completely but keeping a long term core position makes sense, too.
PGM.V daily:
Thanks,for posting the charts, Matthew.
Ditto -Matt
Looks like Cameco-CCO is going much? lower now.
I don’t own Cameco but that’s exactly the kind of chart I want to see when looking to accumulate a large, longer term position in any company.
It’s Bottom fishing time….
Yes,i don´t own it yet,but watching/waiting.
I will start nibbling in the near future,maybe Cameco could bottom around 7?
I think a good, tradeable move will start from 12 or a little lower, but, longer term, a move well below 10 does look likely, technically.
Aided by the action in gold/silver and commodities in general, uranium miners like Cameco just might be spared part of the pain that the charts are pointing to. There’s already a bit of speculative interest in the uranium explorers.
Thanks,Matthew.
Yes,i own some smaller uranium plays.
Minera Alamos Inc. Completes Six-Fold Increase in Concession Area Surrounding the La Fortuna Gold Project
Toronto, August 18, 2016
To be honest….I don’t think what the Federal Reserve says or does matters anymore. The future is baked into the pie. During the next ten years all of this will play out to the detriment of Main Street. Yes, the stock markets will hit even more all time highs. And Wall Street will rejoice….but those of us on Main Street….will mourn. In fact, I can almost hear the “pundits” on CNBC saying “this market will never go down again!” And that is the Final Warning.
Pray for our nation that those of us on Main Street will survive it.
Jonny!!! There is still major risk here
The analogy I like to make with the Federal Reserve and all it’s members is to that of a flock of penguins floating on an iceberg.
The head penguin figured out that all they had to do was to take turns at the edge of the iceberg and start chirping and the fish jumped out of the ocean onto the iceberg.
No longer having to go fishing and face the dangers,all the penguins became fat and happy.
What the penguins didn’t realize was that the water was getting warmer and the iceberg was melting.