Tag Archives: quantitative easing

World economy is so damaged it needs permanent money printing

USD money printing dollar

Combined tightening by the United States and China has done its worst. Global liquidity is evaporating. What looked liked a gentle tap on the brakes by the two monetary superpowers has proved too much for a fragile world economy, still locked in “secular stagnation”. The latest investor survey by Bank of America shows that fund managers no longer believe the ... Read More »

European Central Bank “models” €1 trillion in money printing

ECB European Central Bank

Update: in direct flashback from the summer of 2011 when the ECB leaked news only to retract it within minutes, this just happened: CONSTANCIO: DOESN’T KNOW ABOUT 1 TLN-EURO QE MODEL REPORT For those who have forgotten, here is the ECB playbook: leak “false” rumor, gauge market reaction, then promptly deny said rumor knowing quite well how the market will respond ... Read More »

Fed to taper another $10 billion in QE

Janet Yellen

Janet Yellen’s first FOMC statement is out: Fed tapers another $10 billion/month beginning in April. Beginning in April, the Committee will add to its holdings of agency mortgage-backed securities at a pace of $25 billion per month rather than $30 billion per month, and will add to its holdings of longer-term Treasury securities at a pace of $30 billion per ... Read More »

Banks may start charging for deposits

Bank deposit

The Fed’s Catch 22 just got catchier. While most attention in the recently released FOMC minutes fell on the return of the taper as a possibility even as soon as December (making the November payrolls report the most important ever, ever, until the next one at least), a less discussed issue was the Fed’s comment that it would consider lowering the Interest on ... Read More »

Former Federal Reserve employee: “I’m sorry America, QE was a Wall Street bailout”

Marriner_S._Eccles_Federal_Reserve_Board_Building

by Andrew Huszar (Former Federal Reserve employee) I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I’ve come to recognize the ... Read More »

Bank of England director warns: Bond bubble threatens financial system

Andrew Haldane

Bank of England Director: Andrew Haldane A key Bank of England policymaker has warned of the risks to global financial stability when “the biggest bond bubble in history” bursts. In a wide-ranging testimony to MPs, Andy Haldane, Bank of England director of financial stability, admitted the central bank’s new financial policy committee is taking too long to force banks to hold more capital and ... Read More »

The Gold War

Gold

The global financial crisis is better described as a global monetary war to defend the toxic US Dollar, whose sunset can be seen.In the last 12 to 18 months, the monetary war has again morphed, this time into a far more serious and financially violent global Gold War. Nations are fast realizing that their only true liquid assets of value ... Read More »

Silver price to ‘increase 400% in three years’

silver bar

The silver bull run will continue says investment specialist Ian Williams of Charteris Treasury. Silver will increase in value five times over the next three years, according to mixed asset fund manager Ian Williams. “Silver is about to enter a sustained bull market that will take the price from the current level of $32 an ounce to $165 an ounce ... Read More »

Warnings that a massive stock market crash is imminent

Stock market crash

In the financial world, the month of October is synonymous with stock market crashes.  So will a massive stock market crash happen this year?  You never know. The truth is that our financial system is even more vulnerable than it was back in 2008, and financial experts such as Doug Short, Peter Schiff, Robert Wiedemer and Harry Dent are all ... 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 »