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vox kadavergehorsamkeit
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>Gold market report: Abenomics coming undone? - Alasdair Macleod - Finance and Eco.
PETTY PEEVES of the PERPETUALLY PERTURBED

So, let us see, when gold goes up, it is as it should be. But when it goes down, it is because of some conspiracy. Sorry, but that is pure rubbish. Gold is going down because the American dollar is going up. Let us face it, the Fed is utterly inept. They have been doing whatever they can the last number of years to engineer a decrease in the dollar's value and have failed miserably in doing so because they have absolutely no understanding of how capital flows. Gold is such a teeny, tiny market that it is beyond credulity to believe that the price of gold is what keeps them up at night. They are far more concerned with how the stock market is doing. And Treasury is way more interested in CPI than the price of gold. CPI is what determines their costs while gold has nothing whatsoever to do with how they must budget. So, believe in a conspiracy theory if you must. Perhaps doing so helps you to believe that you are correct and the market is wrong. But if that is your conclusion, then you should also wonder why it is that a fool such as i saw this coming.



















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Beginning of the headline :This week the focus has been on Japan, where “Abenomics” is beginning to bite in ways unexpected by the Japanese authorities. Confidence in both bond and equity markets was destabilised, as investors digested the implications of monetary policy out of control. There is a portent here: there comes a point where a central bank loses control of markets, perhaps an event coming to a central bank near you soon. The fall in Japanese markets has, however, undermined markets elsewhere – both through t... Read More
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