Tag Archives: central bank

Ukraine’s gold reserves sent to NY Federal Reserve

Gold Ukraine

A curious story, and one which should be taken with a mine of salt, has surfaced out of the pro-Russian newspaper Iskra, which reports – so far on an entirely unsubstantiated basis – that last Friday, in a mysterious operation under the cover of night, Ukraine’s gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to ... Read More »

Central banker appointed as Prime Minister of Ukraine

Arseniy Yatsenyuk Ukraine

A reshuffled Ukrainian Parliament installed following a coup last week has voted to appoint Arseniy Yatsenyuk as the new prime minister of the country. Yats, as Victoria Nuland, the Assistant Secretary of State for European and Eurasian Affairs at the U.S. State Department, called him, is a natural choice. He is a millionaire former banker who served as economy minister, foreign ... Read More »

Former head of Israel’s central bank to be Vice Chairman of Federal Reserve

Stanley Fischer Israel central bank

Israeli banker and globalist Stanley Fischer The Obama administration has nominated a top level globalist to act as vice chair of the Federal Reserve, the private banking cartel masquerading as a federal agency. If selected, he will replace Janet Yellen as Vice Chair of the Board of Governors of the Federal Reserve. Yellen is slotted to replace Ben Bernanke. Zambian-American-Israeli ... Read More »

CNBC admits central banks rule the world

world with money

It’s a central bankers’ world, and we’re all just living in it. Entities such as the Federal Reserve and the European Central Bank in 2012 took control of global economies like never before. Based on current market and economic behavior it’s likely to be years before anything changes. After all, how can central banks take their foot off the stimulus ... Read More »

Today the Fed unofficially announced QE4

Helicopter Ben Bernanke QE4

Today Michael Pento stunned King World when he said, “… the Fed doubled down on QE3 this morning and unofficially announced QE4.”  Pento believes the mainstream media does not understand what just happened today, but he said it will have massive implications for the markets, including gold and silver. Pento has been incredibly accurate regarding his predictions of central bank ... Read More »

Currency war against Iran: Rial drops 20% in one day

Iran Rial cash

The economic war waged against the people of Iran by the United States and the European Union is beginning to show results. “Iran’s rial plunged against the U.S. dollar in open-market trade on Monday, taking its loss in value over the past week to more than a quarter in further evidence that Western sanctions are shattering the economy,” Reuters reports today. The ... Read More »

The Fed and the ECB determine to destroy the middle class

Middle Class

While Wall Street cheers the actions by the Fed to further enlarge its already bloated Balance Sheet, those of us who live on Main Street should get accustomed to further increases in our food and energy costs. What I find rather perverse, is the statement by the FOMC that “longer term inflation expectations remain stable”. Yeah, maybe on the salaries ... Read More »

Our problem is the Federal Reserve – David Stockman

David Stockman OMB

Former OMB boss David Stockman told CNBC that Romney’s vision of capitalism is not possible if the Federal Reserve continues to run the economy. Stockman said the only candidate that had it right was Ron Paul. “He was the only one that had it right about the Fed,” Stockman said. “The Fed is the heart of the problem. We have ... Read More »