[Read the whole article, but this paragraph made my eyes pop out of their sockets] There have been rumours that certain hedge funds and sovereign wealth funds are willing to take possession of all gold and silver. In gold it is the February month
Russell compares the dollar to the foundation of a house. When it crumbles (soon) the whole thing will come crashing down. To prepare for this scenario you should get the hell out of dollars:
January 24th, 2011 CSPAN
If you want to lower long-term interest rates, you need to raise short-term rates.
Concerns that the Federal Reserve could suffer losses on its massive bond holdings may have driven the central bank to adopt a little-noticed accounting change with huge implications: it makes insolvency much less likely.
When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.
The Chinese have decided to devalue the US dollar’s buying power, without devaluing the US Treasury holdings they hold. It is an elegant solution to their issues. It will be interesting to see if they can pull it off...
I’ve been pouring through the Fed’s recent release of circa 2005 FOMC transcripts. The most striking observation that one can make is that the consumer - the very lifeblood that determines whether our economy will live or die - has been discarded.
"This printing money is going to lead to huge trouble. It’s going to lead to higher interest rates. It’s going to lead to more inflation and at some point there is going to be a train wreck in the currency and the bond market."
The tools of internationalism are the necessary ones.
Once again the biggest threat continues to be the rotation by China out of US Treasurys and into other securities...
Chinese President Hu Jintao has targeted the dollar's reserve currency status ahead of his big meeting with President Obama saying, "the current international currency system is the product of the past."
Alan Greenspan: “I think whatever froth there is in the housing market is becoming contained at this stage, and it’s getting contained largely because mortgage rates have moved up and are beginning to have an impact.
So now that the dirt is coming out, that the Fed did see the evidence of the housing bubble and continued to steer the Titanic at the same speed towards the iceberg, the nature and magnitude of its error is still being underplayed.
New minutes released today show Fed members were fully aware of the growing housing bubble in the U.S. in June of 2005.
History is littered with the carcasses of men that in their exaggerated hubris attempted to stop the forces of nature and the markets only to fall flat on their faces.
The Patriot-Liberty movement has railed against the Federal Reserve for decades. Inexorably attached to the abolishment of the private banking monopoly, the entire political career of Ron Paul is an inspiration for any citizen who values liberty and
In other words, of the 1.1 million private jobs gained in the last year, 650,000 or 60% are jobs that have absolutely no real wealth creation capacity, nor do they provide any real benefits.
Ahead of a state visit from Hu Jintao, Chinese Foreign Minister Cui Tiankai says his country is looking for some kind of "positive statement" about the safety of US dollar holdings.
By the end of June, the Fed expects to have bought $850bn to $900bn of treasuries – roughly $110bn a month, $75bn of which will be additional QE.
Deep inside the Federal Reserve Bank of New York, the $600 billion man is fast at work.
30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away.
A judge granted GATA's motion to order the Fed to produce in complete form for the judge's private review 20 gold-related documents the Fed has sought to keep secret. Fed to deliver the documents by Friday.
Through the month of January visit: http://moneybomb.silvercirclemovie.com to pledge to Silver Circle. Let's bring liberty to Sundance Film Festival 2011. ***please note the celebrity endorsements are in fact fictional, however we would love to h
Since my chairmanship was announced, apologists for the Fed have been recycling the old canard about how increased transparency threatens the Fed's so-called political independence. By 'independence' they mean the Fed's ability to greatly
The American Dream is a 30 minute animated film that shows you how you’ve been scammed by the most basic elements of the government system. [This is HIGHLY RECOMMENDED] ED From the author: All of us Americans strive for the American Dream, and th
Janet Yellen, the Vice Chairman of the Federal Reserve, sites a Fed paper that claims that the various iterations of Quantitative Easing, will have added 3 million jobs to the U.S. economy.
Janet Yellen thinks the Fed is going to create 3 million jobs by the end of this year. Let's do that math, too. 3 million divided by 12 is 250,000 jobs a month. Does anyone believe that?
In other words, the Fed would be dancing the Monetization Waltz, just like Latin American countries used to back in the 1970’s: Proof positive that America is indeed a banana republic—only with nukes.
The Federal Reserve is pushing a new mortgage regulation that would effectively eliminate the most powerful federal remedy for predatory lending.