By Pam Martens and Russ Martens: August 14, 2020 ~
By Pam Martens and Russ Martens: August 14, 2020 ~
An unexpected systemic crisis is for sure By Alasdair Macleod for Gold Money
We can now identify 23 March as the date when markets stopped worrying about deflation and realised that monetary inflation is the certain outlook. That day, the Fed promised unlimited monetary stimulus for both consumers and businesses, and the dollar began to fall.
From Real Clear Politics
By Angelo Codevilla
What history will record as the great COVID coup of 2020 is based on lies and fear manufactured by America’s ruling class—led by the Democratic Party and aided by the complaisance of most Republican politicians.
By Pam Martens and Russ Martens: August 13, 2020 ~
The Federal Reserve has thrown everything just short of the kitchen sink at propping up the mega banks on Wall Street – the same ones that were never prosecuted for their fraudulent issuance of mortgage securities and causing the worse economic crash since the Great Depression in 2008. (The Fed bailed the same banks out back then also – to the tune of $29 trillion in cumulative loans.)
Andy is the President & Owner of Miles Franklin Precious Metal Investments. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.
His website is: https://www.milesfranklin.com/
From Silver Doctors
Don’t let a random technical indicator or bounce in the dollar index throw you off. Here’s what to know about gold right now, silver, the dollar, and more…
Craig Hemke sat down with Paul ‘Half Dollar’ Eberhart on Tuesday, August 4th, 2020, for a robust discussion on gold, silver, the US dollar, and more.
From Reluctant Preppers
Massive Silver Shortage as USD Flood is Uncontainable | Rob Kirby Video by Reluctant Preppers
“To Infinity…. and Beyond!”
– Buzz Lightyear
From Gold Money
This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be properly understood as current economic conditions evolve.
The reader is taken through three monetary models: a fixed money economy, one governed by changes in bank credit, and finally the consequences of central bank intervention.
Classical economics provided the basis for an understanding of the effects of bank credit expansion. The theory, embodied in the division of labour, eluded Keynes, who was determined to justify an interventionist role in the economy for the state.
Neo-Keynesian policies have been responsible for growing monetary intervention. This article serves as a reminder of the distortions introduced by the credit cycle and why central bank monetary policies are fundamentally destructive of the settled economic order that exists without monetary expansion.
By Pam Martens and Russ Martens: July 21, 2020 ~
Today marks the 10th Anniversary of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, named after its two sponsors, former Senator Christopher Dodd (D-CT) and former Congressman Barney Frank (D-MA). The massive piece of legislation was signed into law on July 21, 2010 by President Barack Obama at a time when Democrats controlled both houses of Congress – meaning there was no excuse not to put tough Wall Street reform legislation in place.
From Armstrong Economics
COMMENT: Hi Marty,
Most provinces (including the touristic Balearic islands) have now mandated mask use even if you’re in the woods or park or in a totally deserted street or village – i.e. in all public spaces even if there are no people around at all. (In 40C heat.) 45,000 regime goons (aka cops) are now policing mask and “social distancing” rules on the streets (and beaches) of Spain, and handing out fines.
By Pam Martens and Russ Martens: June 8, 2020
Wall Street On Parade has previously written that a financial crisis was already well under way before the first case of COVID-19 was reported anywhere in the world. This should matter greatly to Americans because the Federal Reserve is attempting to blame the financial crisis on the virus to avoid Congressional investigations of its second epic failure in a dozen years at regulating the behemoth Wall Street banks.
From Wolf Street
The 30-year Treasury yield has been rising for six days in a row, closing on Thursday at 1.61%, up from 1.41% on May 29, and up from 1.17% on April 20, and the highest since March 19, when the Fed was unleashing its multi-trillion dollar Everything Bubble Bailout.
The 20-year yield closed at 1.38%, the highest since March 4. The 10-year yield closed at 0.82%, the highest since March 26. Obviously, these yields are still in the financial repression torture basement, but the rises are showing some impatience in the market.
This "was" a last stupid ZH article count-up block but, there's "so" many..... it's tough to keep posting them.
Personally, I think ZH's editors need to be dealt with in the same manner as the regular MSN when this all comes to a head,