lewrockwell.com / By Ron Paul via Ron Paul Institute / March 31, 2015
A responsible financial institution would not extend a new loan of between 17 and 40 billion dollars to a borrower already struggling to pay back an existing multi-billion dollar loan. Yet that is just what the International Monetary Fund (IMF) did last […]
shtfplan.com / by Mac Slavo / March 30th, 2015
Be prepared for a difficult market, prolonged and distorted by nearly unlimited liquidity, printing and intervention on the part of the Federal Reserve and other central banks.
Billionaire Swiss fund manager Felix Zulauf sounded off about the instability of the market and the potential for major […]
zerohedge.com / by Tyler Durden on 03/27/2015 17:30
Intended warning or unintended slip? After Alan Greenspan’s confessional admission that
“Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it,”
we found it remarkable that during the Q&A after her speech today […]
acting-man.com / by Pater Tenebrarum / March 26, 2015
A Currency Disappears Into the Memory Hole
After the excitement caused by the collapsing Russian ruble last December, the ruble has seemingly been forgotten. The financial media have certainly fallen silent on the topic. Luckily, we haven’t forgotten about it. We first mentioned the the fact […]
blog.milesfranklin.com / by Bill Holter / March 26th, 2015
Many people believe the Chinese are on the cusp of replacing the U.S. in many fashions, I believe this myself. There are others out there who believe the Chinese economy and financial markets will crash and burn with all the rest when the derivatives chain finally […]
kingworldnews.com / March 24, 2015
Today a legend who was recently asked by the Chinese government to give a speech to government officials in China sent King World News a powerful piece that warns as major cracks appear in the global financial system, it’s everyone, every currency and every central bank for itself.
acting-man.com / by Charles de Trenck / March 24, 2015
Does the Dollar Hold Enough Attraction to Break Out and Hold at Higher Levels?
Now is the time to begin looking at the US dollar’s re-ascendance in a different light as we approach 1:1 against the euro. Shorter term we have to expect some […]
gata.org / By Ben Blanchard / Monday, March 23, 2015
BEIJING — Chinese Premier Li Keqiang has asked the head of the International Monetary Fund to include China’s yuan currency in its special drawing rights basket, state news agency Xinhua said.
“China will speed up the basic convertibility of yuan on the capital account […]
investmentwatchblog.com / March 23rd, 2015
U.S. DOLLAR COLLAPSE – Federal Reserve Speech Points Towards U.S. Economic Catastrophe
U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress on Tuesday after presenting her semiannual monetary policy report.
The Federal Reserve will not hike rates for the next few Federal Open Market Committee meetings, according to […]
zerohedge.com / by Tyler Durden / 03/23/2015 06:53 -0400
As previously observed (skeptically), a main reason for the surge in the DAX, and thus the S&P, on Friday was premature hope that the Greek talks on Thursday night were a long-overdue precursor to a Greek resolution, and as we further noted yesterday, subsequent bickering and […]
zerohedge.com / by Mark St. Cyr / 03/22/2015 14:51
The Fed’s Trapped In The Corner With An Empty Bucket
It seems before the paint was even dry as to how they’ll proceed after ending QE, a decision was made to apply yet another coat in an attempt to cover any previous “blotches.” The issue that […]
truthingold.com / Dave in Denver / March 20, 2015 at 09:14
Renowned business commentator Tim Treadgold said the turnaround was being driven by the combination of a rising US gold price and a lowering Australian dollar.
“The price in Australian dollars has gone up a lot because the Australian dollar has gone down a […]
gata.org / By Ben Protess / Thursday, March 19, 2015
The Bank of New York Mellon will pay $714 million to settle accusations that it cheated government pension funds and other investors for more than a decade, federal and state authorities announced on Thursday. It is part of a deal requiring the bank to […]
wallstreetonparade.com / By Pam Martens / March 19, 2015
Andrew Cockburn, Washington Editor of Harper’s
Hillary Clinton just can’t catch a break. As her self-inflicted imbroglio over erasing 30,000 emails involving her time as Secretary of State continues to command press attention, the April issue of Harper’s Magazine is focusing gasp-worthy attention on the […]
jessescrossroadscafe.blogspot.com / 18 MARCH 2015
The Fed not only blinked today. They were twitching like someone afflicted with Tourette’s syndrome.
The reasons are pretty clear.
The Fed had to take out the word patient today, or lose all credibility, and risk scaring the markets back into reality.
As I pointed out earlier today, in […]
zerohedge.com / by Tyler Durden on 03/18/2015 16:11
Complete Currency Carnage…
At 1604ET – the FX world went crazy…
trueeconomics.blogspot.com / by Constantin Gurdgiev / March 18, 2015
I have written before about the nature of capital outflows from Russia. One aspect of capital outflows is how the aggregate reflects deposits shifts into forex, known as ‘dollarisation’ of deposits. When Russian residents withdraw foreign currency from the banks (either via drawing down existent currency […]
gata.org / By David McLaughlin and Tom Schoenberg, Bloomberg News / March 17, 2015
WASHINGTON — U.S. prosecutors investigating currency manipulation are considering revoking years-old settlements and prosecuting banks for rigging interest rates, according to people familiar with the matter.
The Justice Department is weighing whether evidence of wrongdoing in currency trading means banks violated […]
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / March 17, 2015
The totally useless and always late to the party, Christine Lagarde, just now warns of Emerging Markets Instability.
The head of the International Monetary Fund warned on Tuesday that emerging markets are set to face a renewed period of economic instability when US interest […]