Central banks

There were very few surprises today as the two-day Fed meeting came to a close. There was a refusal to raise the interest rate from 0.5%, while economic expectations were lowered for both 2017 and 2018. There were also hints that the current interest rate may hold for longer than previously...

One of the biggest bubbles that would clearly bring down the financial system is the bond market. Here we have a $100 trillion market which has grown exponentially in the last 25 years and which has virtually gone vertical since the 2006-9 crisis.

The May jobs report brought bad news today as it was announced that far fewer jobs were added to the United States economy than expected.

Several months ago, as Venezuela's hyperinflating, imploding economy was spinning in freefall, leading to the dramatic episodes of total social collapse such as those profiled in "Scenes From The Venezuela Apocalypse: "Countless Wounded" After 5,000 Loot Supermarket Looking For Food", we wrote th...

Gold is becoming more and more acceptable in the investment community and especially since interest rates have approached zero and in some countries even gone negative.

Why Gold Is A Better Investment Than Apple

Both Ponzi and Madoff were small time crooks compared to governments and central banks today. Because whether we take, Japan, China, the EU or the USA, they have all created Ponzi schemes which are exponentially bigger than what Ponzi did.

We have followed the ownership changes of London's massive vaults with keen interest ever since our December 2014 article when we reported that Deutsche Bank's gold vaule was for sale in "Massive 1,500 Ton Gold Vault For Sale In The Heart Of London, One Previous Owner, Asking £4,500,000 O.B.O." T...

In the United States the Fed just allowed a defaulting bank to keep its clients’ collateral.

Negative yields are supposed to stimulate a deflationary global economy and also save bankrupt nations which can’t afford to pay a market interest rate on their exploding debts. But as usual, the central bankers have got it wrong again.