When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise being heaped on central banks for "saving" the world from economic doomsday in 2008, it's only natural to ask which structural problems their unprecedented policies solved in the past 6 years. After[...]
Tag: Fed
Why the U.S. is Letting China Accumulate Gold – James Rickards
A lot of people think about gold as a percentage of a country’s total reserves. They are surprised to learn that the United States has 70 percent of its reserves in gold. Meanwhile, China only has about 1 percent of its reserves in gold. People look at that and think that’s an imbalance. But those are not very meaningful figures in my view. The reason is that a country’s reserves are a[...]
ATTENTION ALL CONCERNED WITH GOLD CONFISCATION – 100% Bullion Investment Asset Also Serves As Confiscation Hedge
Many individuals will fail to protect themselves and safeguard their wealth with precious metals due to the perceived threat of gold confiscation. This fear is based on a previous US gold confiscation that took place at the height of the depression in 1933. Whether such an action by the US government would take place again is up for debate. Realize that the US was on a gold standard in 1933 [...]
Suspicions About the Federal Reserve Spill Out in House Hearing
By Pam Martens and Russ Martens: March 2, 2015 Fed Chairman Janet Yellen fielded questions last Wednesday before a combative House Financial Services Committee. Tempers flared, fingers stabbed the air, arms waved wildly as House reps expressed pent up frustrations with how the Federal Reserve is handling the economy. At times, Yellen answered curtly and at one point rolled her eyes at[...]
Bill Gross: “Central Banks Have Gone Too Far In Their Misguided Efforts To Support Economic Growth”
The usual stuff in Bill Gross' latest monthly letter which could have been picked form the pages of Zero Hedge circa late 2009/early 2010, now that virtually all the "conspiracy theories" we first presented years ahead of everyone have not only been validated, but accepted as New Paranormal canon. The excerpted highlights: None dare call it a “currency war” because that would be counter to [...]
Richard Russell Just Exposed A Coming Event That Is Going To Shock The World!
As people continue to digest breaking news out of Greece and Ukraine, today the Godfather of newsletter writers, 90-year-old Richard Russell, just exposed a coming event that is going to shock the world. Russell also warned the world is completely unprepared for this and told investors how to position themselves. The Disease – Deflation And A World Drowing In Debt Richard Russell: "The[...]
How Our Crazy Money System Works
by Bill Bonner Acting Man Squirrelly and Subtle Yes, we were in London, taking care of business. Now, we’re back in Buenos Aires. We’ve tried medication. We’ve tried prayer. We’ve tried heavy drinking – all in an effort to understand how our crazy money system works. And where it leads. You’d think it would be easy. It’s just Central Banking 101, no? Well, no. It is squirrelly… [...]
1 in 3 Americans on Verge of Financial Ruin
By Catey Hill The rich keep getting richer. The rest of us aren’t so lucky. According to a survey released Monday by Bankrate.com of more than 1,000 adults, 37% of Americans have credit card debt that equals or exceeds their emergency savings. “These numbers mean that three out of every eight Americans are teetering on the edge of financial disaster” — thanks to the fact that many of[...]
Alan Greenspan Warns: There Will Be a “Significant Market Event… Something Big Is Going To Happen”
Mac Slavo February 22nd, 2015 SHTFplan.com With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs. But the insiders know different. And if[...]
Hyperinflation To Start in 2015: Economist Says Get Supplies : “Gold, Silver, Canned Goods, Toilet Paper, Bottled Water…”
Mac Slavo February 19th, 2015 It’s impossible to predict when and how our economy will finally reach a breaking point, but according to contrarian Shadow Stats economist John Williams it’s coming one way or the other. The only thing we can do now is to prepare for it and that means stockpiling critical supplies, just like you might for an earthquake or snowstorm, but in larger[...]