The Impotence of Central Banks, Gold Stalling & Juniors Soaring

by Gerardo Del Real
Outsider Club

Central banks around the globe are in trouble.

ZIRP and NIRP are proving ineffective and counterproductive overseas, gold has failed to break out despite dollar weakness, but yet we’re starting to see juniors’ share prices react positively to newsletter recommendations. A few of those juniors are even getting some work done.

Interesting week.

The Fed minutes released Wednesday didn’t provide any surprises. The minutes showed the Fed increasingly cautious about interest rate increases due to markets’ volatility overseas.

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