Financial Sense

The Fed Is Driving Down Oil Prices
Oil Price's picture

By Oil Price – The US dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The US Federal Reserve announced...

BIS Blasts Cryptos in Special Report: "Beyond the Hype"
Michael Shedlock's picture

By Michael Shedlock – The BIS blasts cryptos over scaling issues, energy, and trust. The BIS is correct. Cryptos are fatally flawed as money. A Bank of International Settlements (BIS) report examines cryptocurrencies in depth.

Foreigners Dump US Treasury Bonds in Record Amounts
Peter Boockvar's picture

By Peter Boockvar – The weakness in global stock markets that started in Asia overnight is for obvious reasons. People are losing some patience with "It's just a negotiating tactic" reason for the tariffs because instead of leading to...

Hey Millennials: Here’s the Truth About Socialism, Kim Jong-un, and Nicolás Maduro
Independent Institute's picture

By Independent Institute – A recent story in the New York Times discussed the increasing willingness of political candidates in the United States to run as socialists. Times reporter Farah Stockman wrote that the Democratic...

Gold Falls Amid 'Trade War' Tumult, Silver Back Under $17
Adrian Ash's picture

By Adrian Ash – Gold and silver fell Friday lunchtime in London, dropping back to $1289 and $16.95 per ounce respectively as the White House confirmed new tariffs on an extra $50 billion of China's annual exports to...

Mortgage Rates Move Higher on Fed Dot Plot Projections
Michael Shedlock's picture

By Michael Shedlock – How many hikes can the Fed get in this year? The Fed estimate is two more. Mortgage rates rose on the news. Mortgage News Daily reports Mortgage Rates Higher Following Fed Forecasts.

Euro Craters After Hawkish ECB
Marc Chandler's picture

By Marc Chandler – It is like deja vu all over again. Yesterday, a hawkish Fed saw the dollar rally and then reverse lower. A hawkish ECB saw the euro make a new session high and then turned around and traded below yesterday's lows.

Is Trump Good or Bad for This Market?
Andrew Zatlin's picture

By Andrew Zatlin – The market has been on a tear since Trump moved into the oval office. But is he good or bad for the market? His style is combative and divisive. This brings on volatility. The opposite of what investors want.

Dr. Keith Barron: World Is Facing Peak Gold
FS Staff's picture

By FS Staff – Though gold is up for the year, it still seems to be bumping up against resistance at the $1350 to $1380 level. This time on Financial Sense, we spoke with well-known mining geologist Dr. Keith Barron on gold, the gold mining industry, and his search...

US Debt Implosion – Is it Time to Worry?
Urban Carmel's picture

By Urban Carmel – Debt is a perennial worry. It's a natural human tendency is to think of debt as bad, that by incurring debt we are living beyond our means. But much of what you hear about debt in the US is hyperbole.