Fed likely to send wait-and-see signal at meeting

Six weeks ago, the Federal Reserve unveiled its latest plan to invigorate the U.S. economy. This week, the Fed will likely send a simple message:

Give that plan time to work.

No major announcements are expected when the Fed's latest two-day policy meeting ends Wednesday. Instead, officials will likely affirm their plan to buy mortgage bonds as long as necessary to make home buying more affordable, keep short-term interest rates at record lows through mid-2015 and take other stimulative steps if hiring doesn't pick up.

Those policies are intended to support an economy that's shown flashes of strength but isn't growing fast enough to create many jobs or to increase Americans' income. The economy grew at a meager 1.3 percent annual rate in the April-June quarter. Continue reading "Fed likely to send wait-and-see signal at meeting"

Will an OPEC Nation’s Runaway Inflation Spark an Oil Bull Market?

By Marin Katusa, Casey Research

In the third century, greed got the best of Rome's emperors. As they spent through the silver in the treasury, one emperor after another reduced the amount of precious metal in each denarius until the coins contained almost no silver whatsoever.

It was the world's first experience with currency debasement and hyperinflation. As people saw the value of their savings evaporate, society grew angry and demanded a scapegoat. Christians became that scapegoat, and Romans turned on them with incredible violence.

This pattern – currency debasement leading to social upheaval and violence – would repeat many times over. Continue reading "Will an OPEC Nation’s Runaway Inflation Spark an Oil Bull Market?"

Poll: Give us your final thoughts on the Presidential Debates of 2012

Now that the Presidential Debates are over who do you think won overall? We're any of your concerns heading into the debates answered? Do feel better about the decision that's ahead of you? Did the outcome of the debates change who you are voting for?

The poll is a basic overall pick a winner, but we would love to hear your thoughts on the debates and the forth coming election.

Which candidate won the Presidential Debates of 2012?

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As always, please leave a comment below with your thoughts.

Every Success,
Jeremy

Gold Chart of the Week

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (October 22nd through October 26th)

Last week concluded another five days of mixed data that continues the keep everyone guessing. When it comes to the fundamental side of the current market, traders are left scratching their heads fairly regularly. Each week we have to keep in mind that the US FED has made it clear that they will continue to print US Dollars and purchase debt (QE) which should help global markets avoid total disaster. Much of the sharp rally in Gold prices from late September into early October were in anticipation of this announcement. But it should be noted that the FED’s balance sheet is at the lowest level since June 2011 which means the $40B per month in easing has not yet begun. Last week reported less than favorable earnings for quite a few big names in the US markets, which prompted a hefty correction in equities that wiped out a three day rally in one session. Continue reading "Gold Chart of the Week"

Poll: The Final Presidential Debate Is Tonight

With the final Presidential debate upon us we were wondering if our members have tired of the debates or are you still tuning in?

Will you watch tonight's final Presidential Debate?

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As always we would love to hear your thoughts on the subject.

Every Success,
Jeremy