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28 Sep 2022 3 minute read 0 comments SweptOverNiagara
It was only a week ago that the Fed raised interest rates by 75 basis points and a day later when the Bank of England followed suit and also raised their rates by 50 basis points and announced quantitative tightening. Well, yesterday the Pound suffer...
22 Sep 2022 3 minute read 0 comments SweptOverNiagara
On Tuesday, Sweden's central bank, Riksbank, shocked markets by raising a full 100 basis points or one percent to combat 30 year high inflation, the biggest hike by the bank since November 1992, when it also raised rates by a full percent. Consensus...
12 Sep 2022 1 minute read 0 comments SweptOverNiagara
Keeping an eye on the financial markets today as well as precious metals. It's topsy turvy time, it appears. The US dollar is losing steam today, dropping to 108.25 from a high of 110.251 reached on September 6 as we await the latest CPI print in the...
10 Sep 2022 3 minute read 0 comments SweptOverNiagara
This morning, I watched Clif High's latest video on BitChute titled 'Be Uprising'. You've probably heard by now about the 'Great Awakening' occurring as people wake up to the big setup known as Covid19, along with the 'Great Resignation' where many p...
7 Sep 2022 3 minute read 0 comments SweptOverNiagara
Just got word the BoC has just increased its key lending rate (for the fourth time this year) by another 3/4 percent with the overnight rate now set at 3.25%. The Governing Council still expects more rate hikes 'given the outlook for inflation'. This...
1 Sep 2022 1 minute read 0 comments SweptOverNiagara
The U.S. dollar strengthened to a high this morning or 109.547 which is a near 20 year high while WTI (West Texas Intermediate) and Brent Crude oil are both down for the day by 2.86% and 2.57% respectively. The strength of the dollar and weakness of...
31 Aug 2022 3 minute read 0 comments SweptOverNiagara
Just two days ago, I published a post titled 'Heads of Tails: Another Rate Hike in September?' where I suggested that after everything businesses have been put through in the last two and a half years, rising interest rates along with rising energy b...
29 Aug 2022 2 minute read 4 comments SweptOverNiagara
As the Federal Reserve Bank gets ready for its next FOMC meeting in September, most bets are in for at least a half percent increase (50 bps) but more likely, a three-quarter percent increase. There are those who are saying to brace for an unexpected...
29 Aug 2022 3 minute read 3 comments SweptOverNiagara
The headlines are popping up everywhere that Europe is headed for a disastrous winter as Russia cuts off some 80% of natural gas supplies from the Nord Stream lines. One headline on KingWorldNews.com this morning states that a black swan energy 'doom...
16 Aug 2022 4 minute read 0 comments SweptOverNiagara
i'm sure you've read somewhere in the past about 'peak oil' and 'peak gold', referencing the likelihood that we've taken all the more easily accessible resources out of the ground and it's gotten harder and harder to find new deposits that are easy t...
