Tag Archives: Monetary Policy

The Three Legs of the Q4 Melt-up

Posted on October 5, 2010 by macromon

1)  Under allocated investors… 2)  Expectation of a Republican victory in the  November election… 3)  The Flood of Liquidity unleashed by ultra-loose global monetary policy… “The Bank of Japan will encourage the uncollateralized overnight call rate to remain at around … Continue reading →

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Central Banks Gone Wild: Paulson Says Gold Price to $4,000

Posted on October 5, 2010 by macromon

The Gold fear trade is back on.  That is, traders and investors fear they are not long enough.  The Bank of Japan really got the party started as Bloomberg reports, “The unexpected decision by the Japanese central bank yesterday to … Continue reading →

Posted in BRICs, Commodities, Credit, Currency, Gold, Monetary Policy | Tagged , , , | Leave a comment

Will the Republican “Young Guns” Lasso Gold?

Posted on September 30, 2010 by macromon

We’ve commented that an off-radar risk to gold is the hard money inclinations of the Republican leadership.  A Republican House in the next Congress is a done deal according to the prediction markets.  Intrade gives the scenario a 75 percent probability. … Continue reading →

Posted in Commodities, Currency, Geopolitical, Gold, Monetary Policy | Tagged , , , | 3 Comments