aussiebear Posted December 9, 2019 Report Share Posted December 9, 2019 Not too much enthusiasm around in the early openers: Kiwis -0.2%, Aussies and Japan +0.2%, Sth Korea +0.5%. Each way bet on Aussie sectors: Energy +1.6%, Utilities +1.1% with Gold at the other end, -2.6%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted December 9, 2019 Author Report Share Posted December 9, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted December 9, 2019 Author Report Share Posted December 9, 2019 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted December 9, 2019 Author Report Share Posted December 9, 2019 http://www.engrish.com/2019/01/you-had-me-at-ture/ Found in China. Link to comment Share on other sites More sharing options...
aussiebear Posted December 9, 2019 Author Report Share Posted December 9, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords closed +0.3% with sectors pretty much the same as the morning post: Energy +1.6%, Miners +1.3% down to Gold -2.1%. Over in Asia, China +0.1%, Hong Kong flat, Japan +0.3%, India currently +0.1%. UK/Europe opening in the red: FTSE and DAX -0.2%, CAC -0.4%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted December 9, 2019 Author Report Share Posted December 9, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jimbo Posted December 9, 2019 Report Share Posted December 9, 2019 THE REPO FILES PART XXX The Fed can't stop the REPO. Not if it wants Treasury rates to remain supressed. This reminds me very much of the interest rate suppression policies pursued by the FED during WW2. The long bond was pinned at 2.5% in WW2. (while inflation got up to 14% in 1946) The FED is suppressing rates and pinning the entire yield curve in order to fund the 1 trillion defecit. This is massively inflationary. Expect CPI to be watched like a hawk!!!!!!!!!!!! Any private holder of bonds with half a brain will start to dump treasuries. Link to comment Share on other sites More sharing options...
Jorma Posted December 9, 2019 Report Share Posted December 9, 2019 4 hours ago, Jimbo said: THE REPO FILES PART XXX The Fed can't stop the REPO. Not if it wants Treasury rates to remain supressed. This reminds me very much of the interest rate suppression policies pursued by the FED during WW2. The long bond was pinned at 2.5% in WW2. (while inflation got up to 14% in 1946) The FED is suppressing rates and pinning the entire yield curve in order to fund the 1 trillion defecit. This is massively inflationary. Expect CPI to be watched like a hawk!!!!!!!!!!!! Any private holder of bonds with half a brain will start to dump treasuries. I disagree that it is CPI inflationary because there is no mechanism to significantly move all that liquidty, money, from the financial markets into the real world economy, save for luxury goods. In 1946 most everything imaginable was in short supply making price rises easy and inevitable.. Now virtually nothing is in short supply making price increases above 3% almost impossible. With almost unlimited capital, credit that is, to fund any project imaginable combined with the ease and speed of building industrial plants and equipment due to the stupendous technological advances of the last 50 years there is no reason for anything to be in short supply and that means limited price inflation. Also: Don't tell JPM holding Treasuries is dumb. As of the second quarter of 2019, the big four banks alone accounted for more than 50% of the total Treasury securities held by banks in the United States - the largest 30 banks held about 90% https://www.bis.org/publ/qtrpdf/r_qt1912v.htm I refuse to link to ZH which fleshes the above article out and discusses JPM massive reworking of it's balance sheet to favor Treasuries. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2019 Report Share Posted December 9, 2019 Just made it to my hotel in Madrid after a long day of travel from Badajoz in western Spain. It's 9:10 PM here, just dinner time! I'll be posting the gold report in the wee hours your time. Hasta bananas! Link to comment Share on other sites More sharing options...
aussiebear Posted December 10, 2019 Author Report Share Posted December 10, 2019 ---> Tinny Tuesday Link to comment Share on other sites More sharing options...
Jimbo Posted December 10, 2019 Report Share Posted December 10, 2019 To be advised Link to comment Share on other sites More sharing options...
MisFit Kid Posted December 10, 2019 Report Share Posted December 10, 2019 Sounds Like Fraud..... fraud /frôd/ Learn to pronounce noun noun: fraud; plural noun: frauds wrongful or criminal deception intended to result in financial or personal gain. >: a person or thing intended to deceive others, typically by unjustifiably claiming or being credited with accomplishments or qualities. Link to comment Share on other sites More sharing options...
DrStool Posted December 10, 2019 Report Share Posted December 10, 2019 In transit from Madith to Barfalona today. Having a wonderful time. Wish you were here. I just posted the gold update over at Liquidity Trader. Link to comment Share on other sites More sharing options...
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