Thoughts on Interest Rates, Fed Policy, the Labor Markets, and Digital Currencies
Ed Moya, Senior Market Analyst at OANDA joins us to look at why interest rates keep heading lower, and why bonds are getting a bid. We discuss the past pandemic effects that led to some transitory inflation, while also considering sticky inflation around oil and the energy markets. Next Ed reviews the focus by the FED on the labor markets, wages, and the upcoming non-farm payroll report. In addition, he remarks on what the Federal Reserve policies may be like if things shift to “life after Jerome Powell”. We wrap up with some comments about the central banks interest in digital currencies, and thoughts on the recent volatility in Bitcoin and the crypto currencies.
Click here to visit the OANDA website and read over Ed’s daily note.
It’s Fed manipulation.
OAN Newsroom
UPDATED 7:49 PM PT – Monday, August 2, 2021
Treasury Secretary Janet Yellen laid out a number of “extraordinary measures” to avoid a default on national debt. In a letter to Congress on Monday, Yellen announced the Treasury suspended investments in retirement services for civil servants and postal workers.
In 2019, Congress voted to suspend the federal debt limit for two years. On Saturday, that suspension expired with an increase in federal debt limit to about $28.5 trillion.
Before heading out for legislative recess, the House failed to address the end of the suspension. Yellen went on to say she was unsure how long the Treasury would be able to maintain these measures in order to buy more time for Congress to address the issue.
I picked up some more Group Ten Metals today. SYL-PGE
RT’s Boom Bust looks into US government plan to tax crypto to pay for massive spending program
The cryptocurrency market is facing more regulation in the US as Washington looks for new sources of money to fund the government’s massive infrastructure spending plan.
Ben Swann and Christy Ai explain what this infrastructure bill has to do with cryptocurrencies and how it will affect the crypto market.
https://www.rt.com/business/530966-boom-bust-us-crypto-tax/
Thought this thread would be a good spot for this.
@Corey and Shad:
Can you get someone from Fortuna Silver’s management team for a chat? It would be nice to hear some outlook for the near future after the Roxgold acquisition.
Thanks!
Hi Tiam – We can ask Simon Ridgeway to connect us with someone over at Fortuna Silver the next time we chat with him regarding Volcanic Gold.
I got about half-way through that before i had to stop and vomit from all the ‘vaccine’ talk.
Ed either hasn’t done his homework or is under the same mass hypnosis that afflicts most people these days.
The very most forthright voice in the medical profession is Dr. Carrie Madej. She’s both an M.D. & DO. HER TOP 2 podcast videos: Bitchute: Dr Carrie Madej : Covid Deception.
What I like is she gives alternatives and suggestions to many issues. Like Patriot Nurse, she loves God and country and is a real Truth teller
Most of all the info on COVID, has been covered 100 times…. over in the ORPHAN SECTION…
Info…. on COVID HOAX….. has been covered almost everyday.. since FEB 22 , 2020…
Everything is on record… larry, cfs, ebo, and myself have covered it almost daily…
nothing new to tell….
Jerry, it’s not a competition and more proof does keep coming out for those who have been slow to catch on.
It seems you are suggesting that it would be a good idea to only post info once. If so, I couldn’t disagree more. On top of that, your orphaned section is avoided by the people who need to hear the truth the most. You should know by now that most Leftists do not want to hear anything that goes against the official story. I see it on every site I visit as well as in real life. These people think The New York Times and Yahoo are sources of truth and want all site owners/administrators to silence all who dare question them. Their sh*t goes way back as I remember Doug Casey laughing at them 15 years ago when he would discuss politics because it pertains to investing. It was always Lefty statists who threw a fit INCLUDING GD neocons.
No it is not a competition…. since most have ignored the Orphan Section… they might have afforded themselves some inconvenience going forward…. I think you agree with that,….
Some have just ignored the good research some have provided for free, and paid no attention … to bad… I would say.
I always considered the research , at the ORPHAN SECTION , to be a FAIR TRADE, for the others doing the HARD PULLING in the mining sector…..such as your self…
As far as I am concerned…. Everyone should be informed by now…, the early warning was to help prevent what is on the way to those who have not been paying attention…
The world would be very different if there was any good reason to be surprised that most people are misinformed.
Jimmy Dore’s Experience with Vaccine Side Effects (Jimmy Dore is very much a Leftist yet he was attacked by the mob of psycho Leftists online, like so many others, for sharing his side affects.)
https://www.youtube.com/watch?v=UiLGSVH_UPA
Ditto…….. ” on the world would be different…… “
Some were awake well over a year ago but not many…
We Are Witnessing The Greatest Mass Hypnosis Of All Time
https://www.hypnomarc.com/2020/04/08/we-are-witnessing-the-greatest-mass-hypnosis-of-all-time/
DITTO………… History is being made…..
I’ve a question. Anyone has experience buying and selling 1000 oz silver bars? How difficult is to sell them when time comes? And more importantly, buying them online from SD Bullion is it a safe thing to do?
Not hard if, you are in the right location…. USA, Midwest….
I always think of the weight .. … delivery on 1000 oz bars…. , I would rather have the 100oz bars… Less noticeable to the delivery people…. Who wants everyone knowing your business… especially the local delivery moron….
Thanks Jerry,
Makes sense. I have purchased a few 100 oz Engelhard but premium wise, 1000 oz seems like a better deal to me. But I agree with you on delivery. I don’t want to grab attention of local thugs in the area.
You are welcome…. the other thing……. have you ever tried running with a 1000 oz bar, or moved it from one location to another… 🙂
If you are going to take delivery, go with well known/recognized hallmarks and 100 oz bars. The 1,000 oz bars will often have to be re-assayed at your expense before you can sell them. Once they leave the COMEX vault, “good delivery” status has to be reestablished.
There are several good choices and this is one of them:
https://www.apmex.com/product/97758/100-oz-silver-bar-royal-canadian-mint-9999-fine-pressed
Confidence in the hallmark will get you increased liquidity and a better price when it comes time to sell.
Thanks Matthew. Agree RCM is a solid hallmark. I noticed SD Bullion offers it a slightly better price.
https://sdbullion.com/100-oz-royal-canadian-mint-silver-bars-new
Yeah, seems like a hassle to me. Big dollar amount with 1000 oz, greater the odds of dilution.
Did you need some help lifting it into your pickup?
Gold-Silver and Olympics
https://ibb.co/WDPHYZR