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The Bond Market Will Make The Fed Change Course

Cory
March 29, 2018

Craig Hemke joins me for another look at the bond market. We have been chatting a lot about the rollover in long term yields but that is because it might be the telling sigh of what is to come. With all the work of the Fed to try to raise the long end the last few weeks have shown that growth story may not be in the cards.

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Discussion
18 Comments
    CFS
    Mar 29, 2018 29:42 PM
    Mar 29, 2018 29:17 PM

    When former national security adviser Susan Rice was named to the Netflix board of directors Wednesday, she became at least the third high-ranking official under former President Barack Obama to receive a top post at a tech giant after leaving the White House.

    In announcing Rice’s appointment, Netflix co-founder and CEO Reed Hastings said the former U.S. ambassador to the U.N. had “tackled difficult, complex global issues with intelligence, integrity and insight.”

    Rice’s appointment was met with outrage from some conservatives. Judicial Watch President Tom Fitton said Netflix had “[doubled] down in support of Obama corruption” by hiring Rice, a controversial figure in the aftermath of the 2012 Benghazi attack, as well as the “unmasking” controversy surrounding members of the Trump campaign.

    Mar 29, 2018 29:18 PM

    My congratulations to the Turd and the rest of the clowns following GATA’s fake news group who have been trying to manipulate investors for the best part of 20 years. Alas the gig is up.

    http://www.kitco.com/commentaries/2018-03-27/GATA-Is-At-It-Again.html

      Mar 29, 2018 29:49 PM

      Agree Bob. No manipulation. But totally criminally rigged with the assistance of Regulators.

        Mar 29, 2018 29:11 PM

        David:

        For the 10,000 time, all markets are manipulated. GATA got caught manipulating.

    Mar 29, 2018 29:29 PM

    4th Dimension: Bitcoin-Manipulation- Cartel?—?Price-Suppression is their Goal

    Every market has three major dimensions and everyone knows that

    Technical Analysis 2) Fundamental Analysis 3) Manipulation
    …What is Cartel?

    Cartel is collection of entities that work together to attain certain goal on behalf of the financial elite. Their goal is to control-the-price or suppress-the-price of a particular asset as desired by their ultimate boss (mostly government). Who is Government’s boss? It’s the financial elite…

    https://medium.com/@super.crypto1/4th-dimension- bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

      Mar 29, 2018 29:15 PM

      MTF:

      For certain the cliptocurrencies were manipulated up in a criminal way by an organized group but markets are markets and eventually market forces are more important. The top was very predictible in December and was predicted in spite of the manipulation.

      https://www.youtube.com/watch?v=L0ffW_r1CPU

        Mar 30, 2018 30:55 PM

        Mr Moriarty :
        Would you care to elaborate on who the organized group was that manipulated the crypto currencies?

          Mar 30, 2018 30:05 PM

          You would have to do some research into it but some of the early adopters who made billions literally formed a cartel of their own but bid the price up in November and December. Those who confuse manipulation with suppression don’t understand that all markets are manipulated but that doesn’t necessarily mean suppressed.

          There was so much illegal crap going on with all of the 1696 cliptocurrencies that it was amazing so few caught on. But for certain the action in the fall was true manipulation and utterly illegal and nothing will be done. And it was the founders of the cliptocurrencies doing the manipulation.

            Mar 31, 2018 31:04 AM

            Thanks for that Mr Moriarty.
            I was curious because we use to go round and round about the Crypto’s being compared to the Tulip Bulb craze. Now the story has changed to early adopters forming a cartel. Which is it? For the record I agree with you 100% that all markets are manipulated. I also thank you for taking the time years ago to bring me to that understanding.
            I still don’t fully understand the crypto phenomenon,but I will say that I believe the run up had a direct correlation to the lack of a vehicle to control them.I sold when the futures became involved with Bitcoin. Turns out I was correct in my thinking as the price of Bitcoin has declined ever since.

            Mar 31, 2018 31:58 AM

            JohnK:

            It certainly was in the financial interests of the early adopters to manipulate prices higher. There are now 1696 different cliptocurrencies. They ran the price up in the fall to suck in the great unwashed. By and large the cliptocurrencies are unregulated and in time we will realize how many were nothing but scams from the gitgo.

            A financial craze is not normally free of manipulation. The opposite is true. The fraud is rampant and because so few people actually understand the cliptocurrencies it went undetected and many are still of a mind they will recover.

            So 1696 bitcons are going to recover?

            I don’t think so.

            Most are going to bitcon heaven along with most of the $800 billion.

            https://www.investing.com/crypto/currencies

            Mar 31, 2018 31:29 PM

            Call me crazy,but still believe that there will be winners and losers in the crypto space much like the dot coms.
            The new paradigm is going to be individuals getting control of their own personal data. In some way this will be linked to a blockchain and or a crypto currency that utuilizes the blockchain.Hec it might even be a technology such as hash graph that hasn’t come to the individual market yet. I say that it is still to early in the game to write off the cryptos entirely. Have a good weekend and a Happy Easter. JK

    Mar 29, 2018 29:33 PM

    Cartel is collection of entities that work together to attain certain goal on behalf of the financial elite. Their goal is to control-the-price or suppress-the-price of a particular asset as desired by their ultimate boss (mostly government). Who is Government’s boss? It’s the financial elite…

    https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

    Mar 29, 2018 29:13 PM

    For the gold bug idiots that have been calling for a market collapse for years. lol
    We are going higher after this shake out. I love bears…. propelling the greatest bull market in history!
    https://www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/our-proprietary-us-share-market-index-measuring-the-degree-of-overbought-securities/

    Mar 30, 2018 30:08 AM

    The Next Bull Market Move Interview – Matt Geiger, Managing Partner at MJG Capital

    by @bullmarketmove on March 30, 2018

    ” Gold is a great place to be right now. I’d encourage your audience to follow Ray Dalio’s advice and hold at least 5% of one’s total assets in gold or gold equities. I’m of the opinion that we have been in a stealth bull market for roughly two years now, with the gold price continuing to make higher highs and higher lows. Gold has been consolidating above $1300 since the beginning of this year, and I think we have officially kissed the $1200’s goodbye. It is likely that we will break $1400 this year, however I don’t expect gold to test its all time high of $1900 until 2020 at the earliest.”

    “.. there has been a misallocation of resources within the junior mining industry towards gold at the expense of other metals. In 2017, it is estimated that 51% of ALL mineral expenditures globally were focused on gold. This means that gold received more attention than all other metals combined! Given gold’s limited value to society, this obsession with gold seems excessive.”

    “I much prefer a metal like silver, which has precious metal properties but is really more of an industrial metal. I’m particularly excited about silver’s role in photovoltaic solar cells, where we have seen silver demand growing at a compound annual rate of 20% over the last decade.”

    “Uranium is right up there alongside Silver as one of my favorite metals. Aside from the ag minerals, there is nothing more contrarian within the resource sphere than U308 and the associated equities.”

    “The sector has been in a relentless 7-year downtrend since the Fukushima disaster in March 2011. Over this period, the uranium price has plummeted from over $70 per pound to roughly $20 per pound today – a fall of over 70%. Uranium equities have fared far worse, with most down over 90% over the same period. It has been nothing short of carnage.”

    “However, the long-term fundamentals remain very much intact…”

    https://ceo.ca/@bullmarketmove/the-next-bull-market-move-interview-matt-geigermanaging-partner-at-mjg-capital