Tag Archive for: Fed

Ep 40 – Dan Oliver Jr: Markets Will Force the Fed to Balance

Dan Oliver Jr.

Dan Oliver of Myrmikan Capital joins Keith and Dickson on the Gold Exchange Podcast to talk about the history of credit bubbles, the inevitability of central bank failings, and what history can tell us about the Fed’s current trajectory. Connect with Dan on Twitter: @Myrmikan and at Myrmikan.com Connect with Keith Weiner and Monetary Metals […]

Gold’s Gone Wild!

Headline’s gone wild today. For example, one public gold company CEO tweeted: “Today, some banks failed to deliver physical in the COMEX bar EFP. As a result, these banks suffered large losses…There remains a big shortage in physical in the COMEX denomination. So, rumors are, the COMEX will announce a force majeure…” Ignoring his sloppy […]

Rising Rates Falling Assets, Report 30 Dec 2018

Last week, we wrote about the concept of discounting. This is how to assess the value of any asset that generates cash flow. You calculate a present value by discounting earnings for each future year. And the discount rate is the market interest rate. We said: “If the Fed can manipulate the rate of interest, […]

Wealth-Destroying Zombies

Wealth Destroying Zombie Firms

The hot topic in monetary economics today (hah, if it’s not an oxymoron to say these terms together!) is whither interest rates. The Fed in its recent statement said the risk is balanced (the debunked notion of a tradeoff between unemployment and rising consumer prices should have been tossed on the ash heap of history […]