Bluffs, double bluffs, and forced tells regarding the Federal Reserve’s next move have the power to bulldoze fundamentals and turn all global markets on a dime.
Don’t get sucked into this central bank game-playing. The market is a voting machine in the short-term, and a weighing machine in the long run.
The Federal Reserves ‘mad scientists’ appear to realize they have created a financial monster. Call it Bernankenstein’s Monster if you like...
It looks like the major financial institutions are neck deep in another financial scandal. This one in the $379 trillion market for interest rate swaps.
As we’ve noted over the past two months, this isn’t a market for selling stocks. Rather, it’s a market for buying stocks.
The Federal Reserve and central banks have gone the money printing road and there is no going back, even after the symptoms of inflation emerge.
At some point, velocity will rise again. The question is, can Ben Bernanke engineer it without losing control? Hard assets are your bet that he can’t.
You need to know the truth about the big banks. Why? Because they rob you. Why? Because they can.
When you deposit money in a bank, you forfeit ownership of money and gain ownership of a claim against the bank — a claim for instant repayment of money.
The US Federal Reserve as it operates today is an insult to anybody who believes in economic and political freedom. In an era of globally-linked finance, the very concept of a Fed is an abomination.