admin on 12 21, 2010 | No Comments
POMO from the NY Fed website:
Permanent OMOs: Treasury
"The purchase or sale of Treasury securities on an outright basis adds or drains reserves available in the banking system. Such tra
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admin on 11 3, 2010 | No Comments
For those of you long term readers, you may remember my interest (no pun intended) in watching the Fed's movement in the bond market vs interest rates. My overall thesis was pretty simple, che
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admin on 06 29, 2010 | No Comments
Well first I have to apologize for taking a much needed break after being sick. My wife and I celebrated our 12th anniversary on Sunday. There is a ton of things that have happened in the past
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admin on 06 12, 2010 | No Comments
This week we only saw the FDIC close one bank, Washington First International Bank, with $520.9 million in assets and $441.4 million in deposits. We can not take one week of only one bank being cl
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admin on 05 24, 2010 | No Comments
Banks, Euro, Gold, Oil, and China
The FDIC closed down Pinehurst Bank, Saint Paul, MN last week bringing the total this year to 73. Our government and Federal Reserve have given the banking s
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admin on 05 10, 2010 | No Comments
First and foremost to all of those Mom's out there I hope you had a great Mother's day.
Now let's get down to the nitty gritty!
SILVER, JPM, Consumer Confidence, FDIC Banks Closures, Greece, EU
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admin on 05 1, 2010 | No Comments
What is the Housing Shadow Inventory and How Big is it?
Housing inventory is the amount of houses that are for sale on the market. A number that is often used to calculate the real estate market
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admin on 04 30, 2010 | No Comments
Yesterday I saw that Silver had a nice positive move taking out short term resistance of $18.61 on the Silver Future to settle at $18.491.  This morning it reached $$18.795. Our next resist
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