by irdadmin | Feb 2, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The Fed knows it can’t risk cuting rates right now [despite obvious signs of a very weak economy] or he risks the dollar falling off a cliff.” The FOMC meeting and Policy Statement release is a big event in the financial markets. Every word in that...
by irdadmin | Sep 6, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
There’s an egregious misperception that QE is merely an “asset swap” with banks that simply creates reserves – that the Fed is not printing money with its QE operations. This view is seeded in ignorance about the monetary system as operated by...
by irdadmin | Aug 4, 2022 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[T]he Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee will continue reducing its holdings of Treasury...