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Indeed, huge economic slumps accompanied the Great Depression and the Great Recession. Also, the diagnoses and prescriptions were the same. The government was quick to blame flaws in the capitalist system and the alleged excesses they created. But, did they misdiagnose the cause?
    Systemic Banking Fraud Fuels next Crisis
Aug 25, 2017 - 15:11:39 PDT
The Fed’s 1913 charter needs immediate, drastic revision. A transparent independent audit is essential, to include the Fed’s activities in the physical gold, swaps and derivatives markets.
    John Embry: Gold Will Become the Only Game in Town
Aug 25, 2017 - 14:49:10 PDT
John Embry says that Gold will become the only game in town as there will be no alternative
    Have We Learned Nothing from the Financial Crisis?
Aug 25, 2017 - 14:38:59 PDT
In response, Stanley Fischer, Vice Chairman, recently came out with a strong warning against this trend calling it, “very, very dangerous and extremely short-sighted.”
In the world of social media, it's easy to step in it without really realizing it. For example, the Federal Reserve found itself viciously trolled after its social media person put up a Facebook post warning about scammers.
Well, this week, the US Treasury secretary and the Senate majority leader stepped in it, but I don't think they realize it yet.
Bear with me a minute and you'll see what I mean.
Gold has entered a bull market.
This according to an article in CityA.M., a London business daily.
The authors cite four factors that could help support a sustained gold bull run.
Mario Draghi reaffirmed the need for caution before the European Central Bank can remove euro-area monetary stimulus, saying inflation still has a way to go.
    Are Gold and Silver About to Go Parabolic
Aug 25, 2017 - 14:03:46 PDT
The metals market is poised right now. It does have a probability for a break out, with strong buying volume, do not stand in its way, since it means someone has triggered the run
"We are the Sultans of Price Swing" Heavy Metal Band Meets Dire Straits...
Yellen’s comments “were “almost exclusively a defense of the Fed’s post-crisis actions and the Dodd-Frank reforms,”
U.S. equity funds suffered their longest streak of outflows in 13 years as growing signs of political deadlock in Washington cast doubt on a rally that has taken the S&P 500 Index to record highs.
    Negative Interest Rates Have Come to America
Aug 25, 2017 - 10:02:24 PDT
One of the truly mind-boggling absurdities in modern finance has been the creation of ‘negative interest rates’ around the world. Negative interest rates are particularly prominent in Europe. Starting…
She warned that future crises are inevitable
    Debt-Ceiling Drama Could Cause Serious Volatility Ahead
Aug 25, 2017 - 09:56:04 PDT
The chance of a government shutdown in the fall may cause a surge in volatility.
Words can't describe how we feel...We are breathless, speechless, and not quite sure what to make of it... 
Eric says "it's so orchestrated, I can hardly believe it", and now that the political heat is turning up, this is becoming a problem for the US dollar, gold, silver, and […]
Are Central Banks Nationalizing the Economy?
A brief convergence this year in the dollar value of the balance sheets of the Fed, the ECB & the BoJ has passed & the trio are now set to take very different paths.
Yellen largely defended post-crisis financial regulation and suggested to be careful with deregulation. She also expressed concern over Algo trading growth and....
Today, Federal Reserve Chair Janet Yellen will speak at Jackson Hole, Wyoming. The world awaits will bated breath. Will Yellen release more details on the alleged September start date for unwinding…