* Markets blessed Fed’s decision to begin tapering.
* Jerome Powell says economy is healthy, but requires monetary policy of an economy in crisis.
* Full employment is subjective and rarely achieved.
* Powellnomics: It’s inappropriate to have interest rates above 0% in an economy that’s not at 100% employment.
* Fed knows the economy is hanging by a threads, and that thread is 0% interest rates.
* It doesn’t matter who the President of the United States is. What matters is who runs the Federal Reserve.
* Dollar falling may be investors buying the rumor and selling the news.
* No bad news in sight for gold, and no good news in sight for the dollar.
* Don’t pick up pennies in front of steam rollers.
* Zillow’s moronic house flipping business model caves.
* Don’t confuse brains for a bull market or a bubble.
* Taper is fully priced into gold and silver market.
* Don’t jump onto a moving train; get on it before it leaves the station.
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