The Calm Before The Storm

Featuring Alejandro Reyes

The Rainmaker returns with an update on the market movements in oil, new discussions on Fedcoin, and what to hold in a world of globally lowering interest rates.

Published on
18 February, 2015
Topic
Macro, Monetary policy
Duration
13 minutes
Asset class
Cash, Equities, Bonds/Rates/Credit
Rating
29

Comments

  • AK

    Anton K.

    27 2 2015 05:38

    2       0

    Rainmaker has a call on where we're headed and recommends based on his world view. Applauding him for coming back on RVTV when trade reversing / volatile. Constant debate is healthy Vs consenus media

  • cr

    chris r.

    26 2 2015 14:25

    0       5

    I dont understand, why would u buy physical 1000 or 500 notes instead of just keeping the $ in cash in the bank?

  • sp

    shashwat p.

    24 2 2015 04:18

    4       1

    I am tired of people talking glibly about negative interest rates. All the discussion is about how to make a quick buck, not much about the consequences of this absurdity

  • sp

    shashwat p.

    24 2 2015 04:09

    0       0

    One of these days he is going to run out of ways to say "go long government bonds"

  • CP

    Constantin P.

    22 2 2015 09:19

    0       0

    @admin please erase the previous comment, I made it to the end ;) thanks

  • ja

    josh a.

    19 2 2015 22:21

    2       0

    good stuff. one thought: negative interest on gold already exists via storage costs which are implicit in the gold futures contango ... also: what did the people in the Titanic's lifeboats own???

  • KT

    Kevin T.

    19 2 2015 16:55

    4       1

    If long dated treasuries are the back of the titanic, does that make gold holders the guys in the lifeboats? Lending to the least bankrupt govt is still lending to a bankrupt govt...

  • PT

    Philip T.

    19 2 2015 16:35

    2       0

    The epitome of long dtd Treas. are zero coupon T. Bonds (etf: ZROZ). But, from the beginning of Feb., they are down 12%. Not for the faint of heart. Gold is down around 5%. Just saying.

  • SK

    Shawn K.

    19 2 2015 10:55

    2       1

    Rainmaker has it locked in. Goldbugs gonna bug bug bug bug bug, but he's talking same book. Govt still has the confidence of big money and big money can go into Treasuries.

  • RO

    Robert O.

    19 2 2015 05:40

    1       0

    With effectively no premium of PHYS over gold plus the benefit of liquidity, this option seems at least as good as long-dated treasuries or TLT.

  • JH

    John H.

    19 2 2015 00:14

    1       1

    I like that bit about the titanic at the end, it kind of sums up the whole thing. be safe out there.

  • BL

    Bruce L.

    18 2 2015 23:03

    2       0

    Cash has same Sov backing, no neg rate and carries the optionality that comes with immediate liquidity.

  • jd

    john d.

    18 2 2015 20:10

    12       3

    "longest dated risk free asset". Conclusion wrong. Not Treasuries to an insolvent Govt. Gold. Logic follows: Sell neg. interest bearing bonds, move to cash, then gold.

  • LP

    Lynn P.

    18 2 2015 18:09

    1       0

    Would a ladder of zero coupon Treasuries make sense here, say 3-, 4- and 5-years? Is that even possible to do?

  • AB

    Alexandre B.

    18 2 2015 17:25

    5       1

    No high five last 2weeks. Duration double edged sword.

  • TJ

    Terry J.

    18 2 2015 16:48

    11       1

    As always, concise, and thought provoking insights from the Rainmaker.