QUESTION: Are  short term US bonds (not more tan 2 years) a safe place to be? Having cash is lethal if the bank goes under. ANSWER: Yes. However, I would stay very short-term because rates will rise faster than most suspect. So try to stay in 1 year of less TBills. Keep in mind that debt is […]

Interest Rates are not actually within the scope of the Fed’s power. It can create a base rate, but everything from there is indirect. That is why the Fed bought in 30 year bonds. It was hoping to create a shortage of long-term to reduce mortgage rates and encourage capital to buy mortgages. Everything they […]

QUESTION: Martin, Contrary to the sensationalism of this article, does the inversion basically just mean that gold is going down and the U.S. Dollar is going up? ANSWER: When gold is money, it obviously declines during a boom purchasing less as stocks and real estate rise. When the business cycle turns down, then WHATEVER is money […]

QUESTION: “So Deutsche Bank is bankrupt and US investment and commercial banks are at big risk from rising yields, but all the stock prices are still going up because people will trust owning Goldman or Barclays stocks over owning government bonds???” ANSWER: I seriously doubt that bank stocks will do well. During the Sovereign Debt […]

Gold tumbled about 3% after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary stimulus later in the year. I have warned that the US economic outlook is bullish into 2015.75. The dollar will rise and that will help turn the US […]

One reader writes making a statement that clearly we are so influential and that is why only a fool does not read our work. Some people assume simply because I said Friday was a low in gold and we should get a 3 day reaction rally and it does, that this is all influence. This […]

The European Troika has now provided Greece with a new ultimatum. Greece must show by the end of the week that it can adhere to the agreed terms of the bailout. Both the layoffs in the public sector than in the privatization process has seriously lagged behind the agenda in Greece and to receive the next […]

 Dancing with the 800 Pound Gorilla The strangest part of my own case was the fact that anyone who has ever attempted to go after Goldman Sachs & crew of Investment Bankers, has strangely encountered the heavy hand of government that is used to protect them resulting in the New Your Investment Bankers being called […]

  The Rupee has fallen sharply against the US dollar as volatility rises. The current account deficit jumped largely because India’s gold purchases rose from 90 tons to 300 tons as the price collapsed. But this led to India imposing more tariffs on the importation of gold stopping the buying and contributing to the collapse […]

QUESTION:  Hi Martin, Thanks for all of your reports, they are very informative. I am an institutional portfolio manager here in Canada. I know you mentioned that the gold correction will go on until all the Bulls have thrown in the towel. I have never been a gold bug. I am only employed to make […]