by Dave Kranzler | Feb 26, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon. –...
by Dave Kranzler | Feb 23, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
I’m still trying to understand how this nation became so deeply embroiled in this idiotic investigation into “he said, she said” about the Russians interfering in U.S. politics. I can tie it back to the presidential election campaign when Hillary...
by Dave Kranzler | Feb 21, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the...
by Dave Kranzler | Feb 19, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Before diving into the topic, let’s be clear about one thing: The economic definition of “inflation” is the increase in money supply relative to the marginal increase of wealth output (GDP) in the economic system for which money supply is created....
by Dave Kranzler | Feb 16, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The week before the Dow/SPX quickly plunged 10%, the Fed had reduced its SOMA account (the SOMA account is its “QE” account) by $21 billion. Just as quickly as the stock market dropped, it has sharply recovered more than half of its losses from the...
by Dave Kranzler | Feb 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged...
