by irdadmin | Oct 22, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes...
by irdadmin | Oct 20, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed is printing money again – this time disguised as “repo operations” instead of “QE.” The price of gold and silver rallied over the summer anticipating an easier monetary policy. The economic problems and financial system excesses...
by irdadmin | Oct 14, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“De Nederlandsche Bank (DNB) holds more than 600 tonnes of gold. A bar of gold always retains its value, crisis or no crisis. This creates a sense of security. A central bank’s gold stock is therefore regarded as a symbol of solidity Shares, bonds and...
by irdadmin | Oct 10, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Bank for International Settlements (BIS) – the Central Bank of Central Banks – released two reports on “unconventional policy tools” – e.g. QE/money printing and interest rate suppression. It concluded that the extreme Central Bank...
by irdadmin | Oct 7, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
On October 4th, as I expected would happen, the Fed announced that it was extending its overnight and term repo operations out to November 26th (the November 12th two-week term repo matures on the 26th). The Fed added 7 more 2-week “term repos, ” plus a...
by irdadmin | Oct 2, 2019 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[Whatever] the repo failure involved, it is likely to prove a watershed moment, causing US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs. a new banking...
