Protect Your Future Today
Most people realize that mainstream financial institutions don’t like gold. In many cases it’s because they can’t make money selling investors on gold, whereas they can make commissions every time an investor buys or sells stocks, bonds, mutual fund shares, etc. In other cases it’s because they just don’t...
Most investors know by now that the Federal Reserve has intervened heavily in the US economy over the past several weeks. What they may not realize, however, is just how deep that intervention has become, and how that will affect their retirement. Much of the mainstream media lauds the Fed’s...
The last couple of weeks have seen an unprecedented amount of Federal Reserve intervention in financial markets. Just to recap, here’s what the Fed had already done as of last Friday:Pledged up to $5.5 trillion in repo market liquidity; Cut its target federal funds rate to zero; Promised...
The bad news just keeps getting worse and worse. After a 100-basis point rate cut and $700 billion in quantitative easing, the Federal Reserve has announced that it is opening up a new Commercial Paper Funding Facility (CPFF) to provide a bailout of commercial paper markets. The new special...
One of the characteristic traits of an economy that is circling the drain is one in which the central bank directly monetizes the debt issued by the government. Once that starts to happen, there is no check on the government’s ability to spend money, and the currency unit quickly...
Given the choice between doing a job to earn money or just being handed the cash, which would you pick? You've just answered the question of why our global economy is a shambles.
As we look down the barrel of an oncoming recession, misguided Fed policies now mean we have few options left to save our economy.