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Recapping the Fed statement

Cory
June 14, 2017

No major surprises out of the Fed and Yellen today but that does not mean there is nothing to talk about. The Fed did outline a path of unwinding its balance sheet but do investors believe it remains to be seen.  Craig Hemke joins Al and I to discuss the Fed statement and the market moves in a broad sense.

Click here to visit Craig’s website for more PM focused commentary.

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Discussion
37 Comments
    b
    Jun 14, 2017 14:20 PM

    Im in Calgary, my neighbours moved the day before yesterday to San Diego…for work.

    A friend of mine has his whole Large family living in the states ALL are employed.

    My daughters aunt lives in the states, her husband actually worked at area 51 and their son is a fighter pilot with the americans.
    They seem to think there is lotsa work.

    We keep hearing on these blogs that things in the states are so bad, but when I speak to people that live their I hear everybody that wants to is working.

    All I know is Im not going down to see for myself. lol

      Jun 15, 2017 15:20 AM

      Turd’s clueless overall and doesn’t comprehend or understand capital flows and THE FACT that the USD is NOT a weak currency or nowhere near collapse. Not even close.

      His main original contention from the beginning that forms the basis for his entire outlook (USD/UST’s will collapse/gold & silver skyrocket) was entirely flawed from the start.

      And can someone explain what childish psycho babble is meant when he refers to Yellen (I think) as Mother and her tea and doily party and some of the other twisted nursery-rhymish silliness he spews when the USD surges and the commodities get hit across the board…not just gold and silver.

      He’s grasping at straws and clinging to Sprott and Maguire like a life vest at this point.

    b
    Jun 14, 2017 14:31 PM

    Anyone see the London tower inferno?
    They must build good buildings in britain, an american building would have collapsed on itself by now.

      Jun 14, 2017 14:28 PM

      I do not think there is a lot of framing lumber in english buildings…..

        Jun 14, 2017 14:31 PM

        in newer construction that is……….older buildings might be another story

    CFS
    Jun 14, 2017 14:13 PM

    Novo’s first assays from Beaton’s Creek:

    http://www.novoresources.com/_resources/news/2017-07-14.pdf

    CFS
    Jun 14, 2017 14:15 PM
      Jun 14, 2017 14:25 PM

      Wonder if Sinclair is meeting with the govt……

    CFS
    Jun 14, 2017 14:22 PM

    Reminder:

    It was special prosecutor Mueller that Bowdlerized all references to Islam out of Obama documents.

    He is clearly an absolute Democrat flunky.

      Jun 14, 2017 14:23 PM

      People are asleep………..

    CFS
    Jun 14, 2017 14:39 PM

    Remember Whitewater, whereby Bill Clinton swindled investors out of $870,000 and used the money to finance his campaign to be Governor of Arkansas?
    Guess who was the investigator appointed by congress that whitewashed the Clintons.

    James Comey. (Part of the liberal democrat SCUM)

    CFS
    Jun 14, 2017 14:41 PM

    Comey, Rosenstein, Mueller; all part of the Swamp.

    CFS
    Jun 14, 2017 14:51 PM
    Jun 14, 2017 14:56 PM

    Never could figure out how one could consider this a “free-market” (or mostly “free-market”) economy when you’ve got a politburo of decrepit apparatchiks trying to control interest rates, the money supply, buying garbage debt and so many other things that are anti-free-market. The Fed is a corrupt, evil institution and we can never be free people until it is abolished.

      Jun 14, 2017 14:02 PM

      you should read the new bill on forfeiture law…….on prepaid cards, prepaid phone and crypto and bitcoin…….check out zerohedge….

    Jun 14, 2017 14:46 PM

    Dang, you boys see this???

    But what else could you expect from a Demorat state that is where Obammie was a sentor???

    Illinois’ Economic Growth Is Worse Than During The Great Depression

    http://www.zerohedge.com/news/2017-06-14/illinois-economic-growth-worse-during-great-depression

      Jun 14, 2017 14:55 PM

      Indiana had 147,000 people come to the state from Illinois last year……this has been going on for awhile…..

        Jun 14, 2017 14:57 PM

        Metro area of Indianapolis, grew from…..1.1 million……to over 3 million in 30 yrs….

          Jun 14, 2017 14:04 PM

          Taxes in the Hoosier state were 2% sales tax , now 10%, to pay for a bunch of ball players who can not even spell…….Hoosier Dome football madness.

      Jun 14, 2017 14:00 PM

      Taxation in Illinois has been bad for 40 yrs……

    Jun 14, 2017 14:23 PM

    For those that think toronto real estate market has cooled off
    http://www.bnn.ca/toronto-home-prices-post-record-month-in-may-1.778739

    Jun 15, 2017 15:25 PM