Category: Banksters

FOREIGN HOLDERS OF U.S. TREASURIES

FOREIGN HOLDERS OF U.S. TREASURIES

by Louis Cammarosano, Smaulgld Foreigners and the Fed hold large percentages of US. Treasury Bonds. What happens when foreigners reduce their need for U.S. dollars? Foreign Holdings of U.S. Treasuries Updated September 16, 2015. Here is a list of the...

Bankers Threaten Fed with Layoffs

by Wolf Richter, Wolf Street “Let me assure you, if the revenue environment weakens or interest-rate structures don’t move up and the economy slows down, we’ll have to take out more costs,” Bank of America CEO Brian Moynihan said on...

FOMC defers rate rise

by Alasdair Macleod, GoldMoney All week markets were waiting for the star event: a small increase in the Fed Funds Rate, which didn’t materialise. It is actually an important development, because the Fed had been preparing markets for a September...

Six months on ICE – The LBMA Gold Price

Six months on ICE – The LBMA Gold Price

by Ronan Manly, Bullion Star It’s now been 6 months since the LBMA Gold Price auction, the much touted replacement to the London Gold Fixings, was launched on an ICE Benchmark Administration (IBA) platform on Friday 20 March 2015. For...

Time Bomb under Canada’s Housing Bubble Makes a Loud Tick

Time Bomb under Canada’s Housing Bubble Makes a Loud Tick

by Wolf Richter, Wolf Street The Bank of Canada has been fretting about the ballooning debt of Canadian households. Last year, it repeatedly called it a risk to “financial stability,” perhaps in preparation for raising its benchmark interest rate. Then...

The End Times of the Modern Economy

The End Times of the Modern Economy

by Fred Reed, The Burning Platform Today we will reflect that the economy will shortly wither, no one will have to work, and we will all die of starvation sitting on street corners and trying to sell each other pencils....

Jim Rogers & Chris Waltzek

from GoldSeekRadiodotcom: From the Big Apple, NY, NY, Jim Rogers views the upcoming Fed rate decision tomorrow, Thursday, Sept. 17, could be a game-changing moment. The current implied probability of the 30-Day Fed Funds Futures indicates only a 22% likelihood...

Gold remains money

by Alasdair Macleod, GoldMoney We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts...

Fed Tightening “Could Have Profoundly Destructive Consequences for Economies”

Fed Tightening “Could Have Profoundly Destructive Consequences for Economies”

by Mac Slavo, SHTFPlan.com With fear-driven rhetoric emanating from spooked markets and Wall Street, there are clear signs that the long-rumored rate hike could rock the boat enough to cause worry about capsizing. The Federal Reserve is the 800-pound gorilla...

On the LBMA and Their Unallocated Holdings – ‘Tightness’ In Gold Bullion – Backwardation

On the LBMA and Their Unallocated Holdings – ‘Tightness’ In Gold Bullion – Backwardation

by Jesse, Jesse’s Cafe Americain “We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore...