Comex Data Continues to Show a Market Under Stress
The Comex report for last month correctly identified a potential big move in silver while the same report two months ago preceded a massive up move for the price of gold. The data this month is not as...
View ArticleMoney Supply Growth is Flattening Out
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money...
View ArticleFed Shrinks Balance Sheet by Nearly $120B in May
The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends....
View ArticleJobs: You NEED to Look at the Household Survey
The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the headline number, it can be helpful to look at the details,...
View ArticleFederal Budget: May Deficit Soars to Almost 3x Above Average
The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from,...
View ArticleComex: Gold Sees Highest Delivery Volume in Nearly 2 Years
The Comex report for last month correctly identified a potential big move in silver while the same report two months ago preceded a massive up move for the price of gold. The data this month is not as...
View ArticleMoney Supply is Moving Back Up
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money...
View ArticleCOTs Report: The Options Market Shows Speculators Are Back
Please note: the CoTs report was published 06/28/2024 for the period ending 06/25/2024. “Managed Money” and “Hedge Funds” are used interchangeably. The Commitment of Traders report is a weekly...
View ArticleJobs: QCEW Shows Further Evidence of Wildly Inaccurate Headline Report
The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the headline number, it can be helpful to look at the details,...
View ArticleTreasury Finally Issues Some Long-Term Debt
After nearly 10 months of issuing mostly short-term debt, the Treasury finally issued Notes in 2 of the last 3 months. Note: Non-Marketable consists almost entirely of debt the government owes to...
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