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    Why the Fed Is on Borrowed Time
Jul 12, 2017 - 08:27:31 PDT
How can interest rates be raised meaningfully above zero without crashing the financial system ? Perhaps they can’t.
Government bond yields and the U.S. dollar fell following the release of remarks Yellen will deliver to Congress.
Federal Reserve Chair Janet Yellen said the U.S. economy should continue to expand over the next few years, allowing the central bank to keep raising interest rates, while also stressing the Fed is monitoring too-low inflation.
Group proposes working weekends to crunch on critical items before end of fiscal year.
The Fed is in an impossible position, and so is everyone else.
The People's Bank of China (PBOC) Wednesday pumped 70 billion yuan (10.3 billion U.S. dollars) into the banking system through reverse repos, according to a statement.
Hiroshi Iwama & Mitsunori Watanabe used to joke about merging their banks in central Japan. When the Bank of Japan introduced negative interest rates last year, things got serious.
Fed Chairwoman Janet Yellen goes before the House Financial Services panel on Wednesday for the first of two days of testimony
    Connecticut Capital Hartford Downgraded to Junk by S&P
Jul 12, 2017 - 06:25:53 PDT
...multiple city officials have publicly indicated they are actively considering bankruptcy
    Working Past 70: Americans Can’t Seem to Retire
Jul 12, 2017 - 06:21:17 PDT
U.S. seniors are employed at the highest rates in 55 years.
The higher education economic bubble is going to burst under the weight of student loans and other unsustainable activities.
The market seems convinced, judging by the knee-jerk reaction, that Janet Yellen has retreated back to her 'dovish' corner
President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen next year for a second term, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the process.
Any pause in U.S. interest rate increases would be beneficial for gold as investors seek returns in other assets.
50 MILLION Ounces of Silver Was Just Dumped on the Market in One Minute. Who Was Behind This Silver Dump? Derivatives Expert Rob Kirby Reveals the Culprit: 
Is A German Defection to Russia About to Drill the FINAL NAIL into the USDollar Coffin?
Wow.  The hedge funds are almost net short silver contracts again, having had their algos steered into that predicament by the bullion bank market manipulation.  
    Gold Outlook Increasingly Bullish
July 11, 2017
Technical analyst Clive Maund is scouring the charts and finds strong bullish developments for gold that could mark the start of a growth phase:
TRUMP JR’S EMAIL SPARKS GOLD RECOVERY AS WELL AS SILVER/AGAIN MASSIVE VOLUME IN SILVER AT THE COMEX...
    Heading similar to time before Great Depression
Jul 11, 2017 - 14:50:09 PDT
"I have this belief that we're flowing toward the path of 1928-29 when Hoover was president," said Mark Yusko, CEO of Morgan Creek Capital.