Federal Finances | CMI Gold & Silver

Will quantitative tightening tank the stock market?

Debt ceiling fight put off until December

David Stockman, via his Contra Corner, for months has warned that by late September there would be a debt ceiling crisis and that the Treasury would run out of money, causing segments of government to shut down. He further proclaimed that a political storm in Congress would ensue and that the stock market would be

When will this gold/silver bull market be recognized?

I’ve written for some time about a bottom being put in for gold and silver in December 2015. However, the renewed bull market has not been recognized. So, just what will it take for the metals to move up strongly enough so that they will again gain investors’ attention?

$28 million wasted, potentially another $71 million

Is there any wonder our national debt is pushing $20 trillion? An Inspector General’s report just revealed that the Pentagon spent an extra $28 million over the last decade in providing the Afghan Army special uniforms with a “forest color pattern,” instead of camouflage schemes. The pattern was chosen from a website by the Afghan

Slowest precious metals market in decades

This is the slowest precious metals market in decades. The good news is that slow markets often are signs that bottoms are being put in. But, let’s consider the causes of this lackadaisical market. The primary cause is that the many stock indexes are making new highs, with the most watched, the Dow Industrials, only

Central banks to the rescue

Central banks to the rescue Just as the world’s central banks moved to rescue the banking system during the 2008 World Financial Crisis, they are now moving to rescue gold and silver investors, albeit the central banks are not rescuing gold/silver investors wittingly. Nonetheless, they are doing it just the same.

David Stockman-Everything Will Grind to a Halt in 2017

I’m not fond of recommending videos, especially long videos. However, this video interview of David Stockman, Budget Director during the Reagan Administration, is well worth the time. Stockman reminds us of problems and developments that are being ignored. For example, Obama and Congress made a deal years ago to suspend the debt limit until March

Is all this optimism warranted?

The Dow Industrials approaching 20,000 is all the rage on financial channels. Most commentators seem to be more cheerleaders than news reporters. I wonder if their optimism about higher stock prices is misplaced.

To raise or not to raise

All year, members of the FOMC (Federal Open Market Committee) have made speeches and given interviews where they have hinted at raising rates at the next meeting, but the meetings came and went without rate hikes despite what some economists call improving economic indicators such as the lower unemployment rate. Now, they’re strongly suggesting a

CBO forecasts persistent and growing deficits

The Congressional Budget Office (CBO) recently changed its projection for fiscal year ending September 30 to show a deficit of $506 billion. Despite the national debt now being north of $17.6 TRILLION and having doubled since Obama took office, statist economists, columnists and apologists immediately praised the $506 billion number. The LA Times; “. .

Category: Federal Finances

Will quantitative tightening tank the stock market?

Debt ceiling fight put off until December

When will this gold/silver bull market be recognized?

$28 million wasted, potentially another $71 million

Slowest precious metals market in decades

Central banks to the rescue

David Stockman-Everything Will Grind to a Halt in 2017

Is all this optimism warranted?

To raise or not to raise

CBO forecasts persistent and growing deficits

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