Dollar Hammered After Fed Announces It Will (Actually) Print Money

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Yesterday, the US Federal Reserve announced it will buy up to $300 billion of US long-term Treasury securities over the next 3 months. Where will the Fed get that money?  It will essentially create it out of thin air – also known as “printing money.” Shockingly the markets did not like this announcement from the […]

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My morning glance at the Futures screens revealed that, well, just about everything is down across the board. Of special note: Cotton flirting with the 60-cent handle (wow, that looks cheap) Silver getting kicked in the teeth again Oil off big again, flirting with $90 Not to mention global stock markets getting slammed across the […]

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The battle between inflation and deflation continues to rage on, with deflation mounting a very impressive counterattack. Check out this chart of last Thursday’s single day sector returns, courtesy of Agora: It’s challenging, to say the least, to make money investing when EVERYTHING in EVERY market is going down. This is the classic deflationary nightmare […]

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The oft quoted site www.shadowstats.com says it all on the homepage – using pre-Clinton era CPI calculation methods, inflation is running north of 8%. This probably jives a bit better with your own personal observations of food and energy prices. Suddenly a 5% savings account doesn’t seem so great. Add in the depreciating dollar (down […]

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