{"id":7489,"date":"2013-04-16T19:39:58","date_gmt":"2013-04-16T23:39:58","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7489"},"modified":"2013-04-16T19:39:58","modified_gmt":"2013-04-16T23:39:58","slug":"pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/","title":{"rendered":"Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ"},"content":{"rendered":"<p>Steven Russolillo at WSJ reports:<\/p>\n<blockquote><p>Actions by central bankers across the globe are propping up asset prices to artificial levels that are potentially putting investors at risk, Pimco CEO Mohamed El-Erian said in an interview with the Wall Street Journal.<\/p>\n<p>\u201cInvestors should recognize that in virtually every single market segment, we are trading at very artificial levels,\u201d El-Erian told WSJ\u2019s Francesco Guerrera. \u201cIt\u2019s true for bonds, it\u2019s true for equities. It\u2019s true across the board.\u201d<\/p><\/blockquote>\n<p>This reinforces my long-term bullish outlook for gold. Central banks are unlikely to cease their easy money policies any time soon. What we are currently witnessing is the opposite, with the Bank of Japan going &#8216;nuclear&#8217; in an attempt to kill persistent deflation that has dogged them for over two decades.<\/p>\n<p>I strongly recommend that you watch the video interview at <a href=\"http:\/\/blogs.wsj.com\/moneybeat\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels\/?Mod=WSJ_blogs_mostpop_read\">Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; &#8211; MoneyBeat &#8211; WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steven Russolillo at WSJ reports: Actions by central bankers across the globe are propping up asset prices to artificial levels that are potentially putting investors at risk, Pimco CEO Mohamed El-Erian said in an interview with the Wall Street Journal. \u201cInvestors should recognize that in virtually every single market segment, we are trading at very &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,9,17,34],"tags":[243,362,628,1578,2344],"class_list":["post-7489","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","category-gold-precious-metals","category-japan-korea","category-us-canada-countries-regions","tag-asset-prices","tag-bank-of-japan","tag-central-banks","tag-gold-2","tag-monetary-easing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pimco&#039;s El-Erian: Markets Trading at &#039;Very Artificial Levels&#039; | WSJ - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pimco&#039;s El-Erian: Markets Trading at &#039;Very Artificial Levels&#039; | WSJ - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Steven Russolillo at WSJ reports: Actions by central bankers across the globe are propping up asset prices to artificial levels that are potentially putting investors at risk, Pimco CEO Mohamed El-Erian said in an interview with the Wall Street Journal. \u201cInvestors should recognize that in virtually every single market segment, we are trading at very &hellip; Continue reading &quot;Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-16T23:39:58+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ\",\"datePublished\":\"2013-04-16T23:39:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/\"},\"wordCount\":161,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"asset prices\",\"Bank of Japan\",\"central banks\",\"Gold\",\"monetary easing\"],\"articleSection\":[\"Banks &amp; Interest Rates\",\"Gold &amp; Precious Metals\",\"Japan &amp; Korea\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/\",\"name\":\"Pimco's El-Erian: Markets Trading at 'Very Artificial Levels' | WSJ - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2013-04-16T23:39:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/04\\\/16\\\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thepatientinvestor.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61572934660810\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/colin58s\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pimco's El-Erian: Markets Trading at 'Very Artificial Levels' | WSJ - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Pimco's El-Erian: Markets Trading at 'Very Artificial Levels' | WSJ - the patient investor","og_description":"Steven Russolillo at WSJ reports: Actions by central bankers across the globe are propping up asset prices to artificial levels that are potentially putting investors at risk, Pimco CEO Mohamed El-Erian said in an interview with the Wall Street Journal. \u201cInvestors should recognize that in virtually every single market segment, we are trading at very &hellip; Continue reading \"Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2013-04-16T23:39:58+00:00","author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ","datePublished":"2013-04-16T23:39:58+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/"},"wordCount":161,"commentCount":3,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["asset prices","Bank of Japan","central banks","Gold","monetary easing"],"articleSection":["Banks &amp; Interest Rates","Gold &amp; Precious Metals","Japan &amp; Korea","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/","name":"Pimco's El-Erian: Markets Trading at 'Very Artificial Levels' | WSJ - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2013-04-16T23:39:58+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/16\/pimcos-el-erian-markets-trading-at-very-artificial-levels-moneybeat-wsj\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Pimco&#8217;s El-Erian: Markets Trading at &#8216;Very Artificial Levels&#8217; | WSJ"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1WN","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":23627,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/01\/10\/mohammed-el-erian-no-exit\/","url_meta":{"origin":7489,"position":0},"title":"Mohammed El-Erian: No exit","author":"Colin Twiggs","date":"January 10, 2021","format":false,"excerpt":"Extracts from an interview on TheMarket with Mohamed El-Erian: ...Markets are looking ahead and are already celebrating the return to growth and to a more normal life. Rightly so? Since stocks roared back from the lows of March 23, we saw many record highs. It\u2019s important to recognize that the\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Mohammed El-Erian","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/melerian.jpeg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":58703,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/10\/25\/mohamed-el-erian-the-west-should-pay-attention-to-rising-gold-prices\/","url_meta":{"origin":7489,"position":1},"title":"Mohamed El-Erian | The West should pay attention to rising gold prices","author":"Colin Twiggs","date":"October 25, 2024","format":"video","excerpt":"https:\/\/youtu.be\/Mmoe9SF47fI?si=EtNroujfUv3gaJ7D Conclusion Gold (orange below) has outperformed the S&P 500 (blue) over the past three months. Long-term Treasuries (green), after leading both stocks and gold for the first six weeks, have plunged since the Fed announced a 50 basis point rate cut on September 18. Tight credit spreads, abundant liquidity,\u2026","rel":"","context":"In &quot;Debt Levels&quot;","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"Gold (GLD), S&P 500 (IVV), and 20+ Year Treasuries (TLT)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-24-gld-ivv-tlt.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-24-gld-ivv-tlt.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-24-gld-ivv-tlt.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":7498,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/18\/gold-will-it-bounce\/","url_meta":{"origin":7489,"position":2},"title":"Gold: Will it bounce?","author":"ColinTwiggs","date":"April 18, 2013","format":false,"excerpt":"\"Never try to catch a falling safe\" warn the pundits .... \"Wait for it to bounce.\" So far we have not seen much bounce. After finding short-term support at $1320 on the 2-hourly chart, gold rallied to $1400 before retreating to test $1360. The long tail at $1360 indicates buying\u2026","rel":"","context":"In &quot;Gold &amp; Commodities&quot;","block_context":{"text":"Gold &amp; Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27019,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/07\/24\/pedal-to-the-metal\/","url_meta":{"origin":7489,"position":3},"title":"Pedal to the metal","author":"Colin Twiggs","date":"July 24, 2021","format":false,"excerpt":"The Dow sets a new record, breaking 35000 for the first time. Yet the Fed continues to boost financial markets, exceeding its target of $120 billion in Treasury and MBS purchases by more than $50 billion in June. And by another $41 billion in the first three weeks of July\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20200,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/04\/04\/why-invest-in-gold\/","url_meta":{"origin":7489,"position":4},"title":"Why invest in Gold?","author":"Colin Twiggs","date":"April 4, 2020","format":false,"excerpt":"In order to help the global economy to recover from the 2008 financial crisis, major central banks embarked on a massive quantitative easing (QE) program, expanding the total assets on their balance sheets from $5 trillion to $21 trillion ten years later. The graph from Ed Yardeni below shows total\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32571,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/05\/07\/follow-the-money-2\/","url_meta":{"origin":7489,"position":5},"title":"Follow the money","author":"Colin Twiggs","date":"May 7, 2022","format":false,"excerpt":"The S&P 500 ($INX below) has fallen 10% in the past month. But what is unusual is that Treasuries are falling steeply at the same time. If money is flowing out of both Treasuries and Bonds, where is it going? Definitely not into precious metals. Gold and Silver have barely\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500 & iShares 20+ Years Treasury Bond ETF","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-06-spx-tlt.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-06-spx-tlt.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-06-spx-tlt.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-06-spx-tlt.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=7489"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7489\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=7489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=7489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=7489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}