Fed Nonsense

The FOMC minutes indicate the Federal Reserve is worried that inflation will not be high enough. That is the last thing the Federal Reserve should be worried about! (SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV))

The Fed Will Not Be Able To Save The Stock Market

The Federal Reserve won't be able to rescue investors during the next stock market crash, like they did in the years following the 2000 and 2008 crashes. They were successful in reflating yet another bubble but I think this bubble will be the similar fate as the prior two. The difference is, the third time is not going to be the charm - it's going to be three strikes you're out. Let's say the Dow goes to 30,000, if it gets cut in half, that's 15,000 - that's still a low lower than it is right now. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Renewed Weakness In The US Dollar

Gold is still hanging out below 1300 and the renewed weakness in the US Dollar, I think part of the renewed weakness in the US Dollar has to do with the idea that maybe all these tax cuts aren't going to pass that this Republican plan or the Trump plan that was outlined it's gonna have a hard time getting through Congress.