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The Dovish Fed Tightened Last Week by Reducing Its Balance Sheet

March 26, 2019 Stock Market / Economics

BY RICHARD SUTTMEIER  Updated Mar 25, 2019 Federal Reserve monetary policy focuses on maintaining a neutral federal funds rate at 2.25% to 2.50% through 2019, which has been my Fed call. However, I disagree with Fed Chair Jerome Powell when he says that unwinding the Federal Reserve balance sheet is not tightening monetary policy. The balance sheet was increased to $4.5 trillion …
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Gold, Silver Gain On Lower USDX, Weak U.S. Inflation

March 12, 2019 Commodities

(Kitco News) – Gold and silver prices are moderately higher in early-afternoon U.S. trading Tuesday, on some short covering by the shorter-term futures traders and perceived bargain hunting following recent pressure. A lower U.S. dollar index on this day and a mild U.S. inflation report are also friendly for the precious metals markets. Gold and silver bulls have regained some technical …
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Palladium – More Precious Than Gold!

March 11, 2019 Commodities

In 1803, a bright and ambitious chemist disrupted the world by discovering a rare and lustrous silvery white metal. This man was W.H Wollaston, and he named this metal Palladium, after the asteroid of Pallas that was discovered two months prior to his discovery. Palladium has been used as a precious metal in jewelry since 1939 …
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