'..There is ample justification for gold’s runup – experimental activist monetary policy, a world of debt, a historic global securities Bubble, and a troubling geopolitical backdrop.'
- Doug Noland,
Trump's China Tariff Tweets, August 3, 2019
'The U.S. is under financial assault by negative rate policies elsewhere and the Fed must cut rates to keep the dollar from strengthening too much. Lower rates will mean more stock buybacks, bond refinancing, lower mortgage rates, etc. but at the cost of leaving investors everywhere with almost no yield opportunities. This is negative for insurers, banks, pension funds, savers and retirees, all of whom will be forced into riskier assets.'
- Mark Grant (
Source, August 2, 2019)
Context'..an unsustainable Bubble that creates escalating risk to a deteriorating financing environment.'