Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 21 2017
By: Ira Epstein

Bitcoin, Bail Ins And Bullion
By: Mike Maloney

Tactics For The Gold Bull Era
By: Stewart Thomson

Dow Peaking? The Quick Guide to Diversifying Your Stock Profits
By: Jeff Clark

What History Says for Gold Stocks in 2018-2019
By: Jordan Roy-Byrne CMT, MFTA

 
Search

GoldSeek Web

 
Why the Fed Will NOT Raise Rates

By: Rick Ackerman, Rick's Picks

 -- Published: Tuesday, 4 August 2015 | Print  | Disqus 

You’ve come to the right place if your eyes roll back whenever you hear pundits wonder aloud which month the Fed is finally going to raise interest rates. In these precincts, the answer to that question for years has been an emphatic “NEVER!!” Yes, we know, “never” is a long time; eventually we’re bound to be wrong. But until that day arrives, we can boast that no economist in America has predicted Fed behavior more accurately than we have. The reason we’ve gotten it right and the eggheads continue to get it wrong is that most of them view the Fed not merely respectfully, but reverently, taking every syllable of drivel that passes the Fed chairman’s lips as holy writ. We, on the other hand, think the central bankers are a bunch of pompous quacks who couldn’t run a lemonade stand, much less a global banking system. (Side note: Recall that Alan Greenspan, with a PhD in economics from NYU, ignorantly referred to inflated home prices as “wealth” many times, and spoke of a boom in capital investment at a time when household savings growth was in fact negative.) As for those who even believe the central banks can control economies, let alone fine-tune them, they are either missing a few screws or besotted with New York Times and Wall Street Journal op-ed pieces that treat monetization as something other than the brazen hoax that it is.

As an antidote for all of the economic claptrap we are forced to endure from the mainstream media, we offer today the out-of-the-box thinking of our friend Doug Behnfield, whose investment ideas have been featured here many times in the past. Doug is, hands-down, the savviest financial adviser we know. In this timely essay, he explains why the Fed is unlikely to raise rates any time soon, regardless of how many “experts” believe otherwise. If he is right, long-term rates are headed much lower, and T-Bond prices correspondingly higher. We’ve remained bullish on such investments, and on the long end of the yield curve, as T-Bonds have corrected sharply since April. Now, we think it’s time to jump aboard for the next stage of the long-term bull market in Treasury. Doug Behnfield’s report corroborates this strategy in ways that are most compelling. If you want immediate access to it in pdf form, click here. You will also be able to sign up for a free two-week trial to Rick’s Picks that includes daily touts, intraday bulletins and access to a 24/7 chat room that draws some of the best traders from around the world. (Late-breaking note: Over the weekend, James Bullard, Bank of St. Louis president, asserted that the Fed is “in good shape” to raise rates “in September”. We confidently predict that when September has come and gone, Bullard will only have embarrassed himself with his lame attempt to talk the talk. He won’t be the first.)


| Digg This Article
 -- Published: Tuesday, 4 August 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.