by Wall Street Journal • February 18, 2015 By OMID MALEKAN at The Wall Street Journal Imagine you have a serious illness and have been taking medication that was supposed to cure you long ago. After being on the maximum dosage for years you start to feel better, so you ask your doctor if you could roll back the dosage, ever so slightly, to alleviate some of the side effects. He says that[...]
Tag: Fed
Why The Price Of Oil Is More Likely To Fall To $20 Rather Than Rise To $80
By Michael Snyder, on February 15th, 2015 This is just the beginning of the oil crisis. Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks are warning that we could soon see U.S. oil hit the $20 mark. The reason for this is that the[...]
Is Russia Planning a Gold-Based Currency?
February 6, 2015 Marcia Christoff-Kurapovna The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow's international standing, and possibly for the long-term. Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will[...]
The Shock Doctrine: When Order Trumps Personal Freedom
by James Rickards One of the most influential books among global power elites in the past 10 years is Shock Doctrine: The Rise of Disaster Capitalism, by Naomi Klein, published in 2007. The shock doctrine is an essential concept for understanding how power elites such as central bankers, finance ministers and the ultra-rich work behind the scenes to advance their agendas. It’s also how[...]
The Dollar Will Die with a Whimper, Not a Bang – James Rickards
The same force that made the dollar the world’s reserve currency is working to dethrone it. July 22, 1944, marked the official conclusion of the Bretton Woods Conference in New Hampshire. There, 730 delegates from 44 nations met at the Mount Washington Hotel in the final days of the Second World War to devise a new international monetary system. The delegates there were acutely aware that the [...]
Big Bang is Clearly in Play – Dominoes Starting to Fall in Debt Markets
by Martin Armstrong Armstrong Economics Just in case if you have not seen this, Big Bang is clearly in play. The dominoes are starting to fall! Obviously, bearish for the Euro broader-term, but will be interesting to see how the peripheral debt trades tomorrow. The ECB Press release emerged on a waiver of collateral regarding Greek Bonds. The Governing Council of the European Central Bank (ECB) [...]
Fed President Drops a Bombshell Yesterday: Fed Removed QE3 Too Soon
by Pam Martens and Russ Martens Wall Street on Parade The monetary policy arm of the U.S. central bank, the Federal Open Market Committee (FOMC), is getting hammered this week. On Monday, two researchers at the Federal Reserve Bank of San Francisco chastised the FOMC for effectively wearing rose-colored glasses since 2007 and getting the rate of economic growth mostly dead wrong. (More on that[...]
The World Is Now Facing The Most Frightening And Dangerous Crisis In Modern History
from King World News With continued uncertainty in global markets, today a 50-year market veteran warned King World News that the world is now facing the most frightening and dangerous crisis in modern history. He warned people not to listen to the mainstream media, which is pleading with the public to “stay the course.” John Embry: “Gold and silver prices had a spectacular day on Friday, [...]
ECB’s Is NOT Stimulating Economy – Its a Bank Bailout
February 2, 2015 by Martin Armstrong See the story at Armstrong Economics[...]
Legendary Felix Zulauf’s Frightening Warning – World to Experience 5 Years of Brutal Crisis and Chaos
Today one of the legends in the busines, Felix Zulauf, issued a frightening warning to King World News that the world is going to experience 5 years of brutal crisis and chaos. The 20-year Barron’s Roundtable panelist also issued a dire warning about what to expect in the coming 5-year period of intense crisis and chaos. Felix Zulauf: “We have zero percent interest rates in Europe. We have[...]