
Ben Bernanke, the Apprentice-Sorcerer
Let’s take a long look at the Fed’s Quantitative Easing, or QE, that we’ve been talking about regularly, to really appreciate its importance and meaning.
Read articleLet’s take a long look at the Fed’s Quantitative Easing, or QE, that we’ve been talking about regularly, to really appreciate its importance and meaning.
Read articleFed Chairman Ben Bernanke’s decision to go ahead with unabated quantitative easing (QE) seems to have taken many by surprise. To such an extent that, from now on, the major market participants are saying they have totally lost faith in Ben Bernanke. True, Ben Bernanke has been saying constantly,...
Read articleLast Thursday, there was quite a surprise : contrary to what the majority of market participants were anticipating, Ben Bernanke decided not to taper his QE (quantitative easing). Thus, $85B a month is still being created by the Fed to keep buying $45B of federal debt and $40B of mortgage-backed...
Read articleThe Beginning of the End is the first novel by Michael T. Snyder, the publisher of The Economic Collapse Blog. If you want to know what things in America are going to look like in a few years, you need to read this book.
Read articleThe Gold manipulation will continue until the Gold market is totally broken, until the big banks that control it are totally broken, or until the USDollar & USTBond structures are totally broken.
Read articleHow can the Fed taper when the real US economy is in a terrible state. Add to that the massive problems in the Eurozone. And Japan, the world’s third largest economy, is a guaranteed basket case.
Read articleWith the upcoming German national elections, the problems in the Eurozone have been left aside. Angela Merkel doesn’t want to lose some voters by talking about it. Her finance minister slipped, during the campaign, saying that Greece will have to be helped again but, not to worry, with only 10 bi...
Read articleAs one might have expected, on a total return basis (all in $ terms), Silver (100%) and Gold (73%) were the top two performers since the collapse of Lehman Brothers
Read articleOn the heels of Eric King’s interview with Andrew Maguire about JP Morgan’s manipulation of the gold market, Egon von Greyerz gives readers a snapshot of what to expect in the aftermath of such an extraordinary development.
Read articleTwo JP Morgan whistleblowers have confessed that the bank manipulates the gold and silver markets. This is a truly catastrophic event for JP Morgan, which up to now has denied manipulating these markets.
Read articleIf you look at documents from the Fed they state very clearly that it is necessary to manage the price of gold in order to maintain control of the global currency system.
Read articleGrant Williams, one of the most highly respected fund managers in Singapore, said that custodians of the ETF GLD have refused to give people physical gold in exchange for the shares.
Read articleThe general feeling, or « sentiment », is leaning toward a tapering of money printing by the large Western central banks, due in part to the official statements of the Fed indicating it might taper its quantitative easing (QE). For now, it’s just an hypothesis invoked by its Chairman, Ben Bernank...
Read articleJPMorgan quietly went long commodities and the firm also closed it sell in precious metals. This is not surprising: we had noted the ongoing purchasing of gold by JPM over the past two month
Read articleWe are now back to the “green shoots” era of false hope and total misunderstanding of the real state of the world economy. There are minor tidbits of good news that combined with manipulated and seasonally adjusted economic figures are giving politicians worldwide reason for spreading their optim...
Read articleThis drop in the price of gold in the first quarter of this year, though significant, will no doubt seem very soon like a glitch, a short pause. The price of gold really started to go up in 2002 when the Fed implemented its laxist policies and now the central banks are stuck with their printing p...
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