Monday, 27 Oct 2014 09:02 AM By Dan Weil Central banks around the world have been easing big-time over the past five years, and the results won't be pretty, says star investor Jim Rogers. "The central banks have been printing staggering amounts of artificial liquidity," he told Reuters TV. "It's going to come to an end. I don’t know if it's coming to an end now. When it does end, we're all[...]
Tag: federal reserve
The Terrifying Idea that the Economy Might Stay Stuck Forever Just Got More Terrifying
by Matt O’Brien Washington Post The U.S. economy has fallen, and it can’t get up. At least that’s the way it seems. That’s because our slump hasn’t really ended, even though the Great Recession officially did more than five years ago. Growth has been low, unemployment is still high, and it’d be even more so if the labor force hadn’t shrunk so much. And all this, remember, has[...]
Breaking: European Central Banks Secretly Repatriating Gold from USA
October 23, 2014 What is this secret repatriation of Gold about? We have heard from one very reliable source that repatriation of gold is secretly taking place at this moment from the USA to Europe. This is October 2014! The information contains details about transported quantities by one of the global security firms being much higher than usual, as well as country of destination. This leads[...]
Your Personal Gold Standard – James Rickards
There isn’t a central bank in the world that wants to go back to a gold standard. But that’s not the point. The point is whether they will have to. I’ve had conversations with several of the Federal Reserve Bank presidents. When you ask them point-blank, “Is there a theoretical limit to the Fed’s balance sheet?” they say no. They say there are policy reasons to make it higher or[...]
Central Banker Admits Central Bank Policy Leads To Wealth Inequality
Editors Note: The true purpose of central banking is to create debt slaves of the masses and enrich the elite. That is why central bankers and the power elite hate physical gold and silver in the hands of the average citizen. Six years after QE started, and just about the time when we for the first time said that the primary consequence of QE would be unprecedented wealth and class inequality [...]
How The Federal Reserve Is Purposely Attacking Savers
by Chris Martenson There's something we 'regular' citizens wrestle with that the elites never seem to: a sense of moral duty. For example, following the collapse of the housing bubble, many people struggled with mortgages they could no longer afford to pay, fearing the shame of default. Many believed defaulting was wrong somehow; that it was their moral obligation to pay their mortgages, no[...]
The GLD Trust Is Being Drained – You Were Warned About Counterparty Risk!
by David Kranzler Investment Research Dynamics It’s a matter of “trust.” How much do you trust GLD’s vault custodian, HSBC? Has HSBC given us any reason to place trust in both its financial reporting and the way it operates? HSBC has been already been nailed for rigging LIBOR and the LBMA gold fix. [...] I wonder how many of those bars shown in the picture do not belong in the GLD[...]
Why the Fed Will Continue to Print Money in 2015
by James Rickards - Posted Oct 20, 2014 Editor’s. Note: On Oct. 6, 2014, Jim Rickards was interviewed by Bloomberg TV for his thoughts on gold, currency manipulation and the overall strength of the global economy. You can read the transcript below… Bloomberg TV: I wonder, Jim, how you… First your reaction to that statement that the economy is stable… at least relatively. Are [...]
19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
By Michael Snyder, on October 20th, 2014 Barack Obama and the Federal Reserve are lying to you. The "economic recovery" that we all keep hearing about is mostly just a mirage. The percentage of Americans that are employed has barely budged since the depths of the last recession, the labor force participation rate is at a 36 year low, the overall rate of homeownership is the lowest that it has[...]
How The Federal Reserve Is Purposely Attacking Savers
But bungling badly as it does by Chris Martenson Chris Martenson’s Peak Prosperity There’s something we ‘regular’ citizens wrestle with that the elites never seem to: a sense of moral duty. For example, following the collapse of the housing bubble, many people struggled with mortgages they could no longer afford to pay, fearing the shame of default. Many believed defaulting was wrong[...]