Housekeeping:
Today is Founders Friday. See bottom.
Follow us at @vblgoldfix for Gold and financial content you won’t see most other places. Account @Vlancipictures remains active.
GIFT PROGRAM- Some subscribers will receive 1 month free trial gift “coupons” to give friends who may be interested in GoldFix. No obligation to the user at all. If you like our work and think someone you know would as well, then we thank you in advance
No Founders Sunday Meeting Sept 25th and Oct 2nd due to family/personal obligations.
New Founders Option Content directly from MBA/CFA options classes soon.
Market Rundown:
Good Morning. Today is Founders Friday. So there’s a lot to choose from. Enjoy
As of this writing The Dollar is up 145 (!), Bonds are very mixed with the yield curve steepening from fronts up and back flat (minor good sign historically). Stocks are down 1.3- 2.7%. Gold is down $26. Silver is down 72 cents ( See podcast for Silver). CL is down 5.5%. Nat Gas is down 25c. Crpyto and grains are down some.
Today’s research is about the fiscal/monetary flip-flop, how Europe is in big trouble, Japan is flirting with epic disaster, and the Fed just sits and waits.
Excerpts: Europe is in big trouble and Japan is on their heels if this keeps up.
Soc Gen: Phenomenal assessment of the end of fiscal austerity and monetary ease, and the beginning of Fiscal spending with monetary tightness. Today we recommend ZH’s Albert Edwards: Ice Age… He's like Zoltan but less esoteric.
This post covering Zoltan’s assertions is very related to what Albert Edwards is talking about
Goldman’s Desk- Post-mortem of Fed Policy tweaks- Good piece
Stifel- lays out why the end of the selloff may be near
Cryptocurrencies- you wanted regulation, you got it, which includes TradFi centralization
Hartnett- the Bond Crash of 2022
TD Bank- Japan is burning money too fast now
BOA- Auto industry
The Everybody Bailout: Europe is a mess
CTA Position Updates for Gold, Silver, and Oil
MUCH MORE AT BOTTOM...Daily Podcast:
