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The Federal Reserve Admits That Its 12 Banks Are Private -
Not Government - Entities
CONTRIBUTOR: WASHINGTON'S BLOG. Much of the tens of trillions in bailout money and "easy" money from quantitative easing went to foreign banks. Indeed, Ron Paul noted recently that one-third of all fed bailout loans - and essentially 100% of loans from the New York Fed - went to foreign banks…click here to read, "The Federal Reserve Admits That Its 12 Banks Are Private - Not Government - Entities"...
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Who Holds the U.S. Debt?
CONTRIBUTOR: TIM IACONO. The folks at Congressional Quarterly have compiled this handy interactive chart for anyone who wants to see how much and to whom the U.S. owes its $14.3 trillion. It’s the $4.5 trillion “Foreign investors” category that keeps policy makers up at night...click here to read, "Who Holds the U.S. Debt?"...
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Safe-Haven Currencies: If You Want to Flee the U.S. Dollar,
Here Are Four Places to Hide
CONTRIBUTOR: MONEY MORNING. As a young British banker in the inflation-ridden 1970s, I got used to carrying large amounts of German deutsche marks, Swiss francs and Japanese yen in my wallet - to have some security against the lousy performance of the British pound sterling…click here to read, "Safe-Haven Currencies: If You Want to Flee the U.S. Dollar, Here Are Four Places to Hide"...
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Owning Silver In A Nervous New World
CURATOR: BARRACUDA. For more than 25 years, I have closely studied the silver market from a supply/demand and market structure perspective. For almost 15 years before that, I traded silver, along with other commodities, as a commodity and stock broker…click here to read, "Owning Silver In A Nervous New World"...
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Is This the True Breakout, or Are We In for a Correction?
CONTRIBUTOR: SUNSHINEPROFITS.COM. Recently, there has been much distrust of the political process in the U.S. where politicians are Dancing on the (debt) Ceiling, as the Lionel Ritchie song goes. Negotiations to raise the U.S. borrowing limit have continued to show little signs of progress…click to read, "Is This the True Breakout, or Are We In for a Correction?"...
In Other News
| IMF Warns: ‘Global Repercussions’ if No Debt Hike Economist Warns: 50% Unemployment, 90% Stock Market Drop, 100% Inflation. See the Evidence Rep. Steve King: Obama Could Be Impeached on Default |
Will you be prepared? Click Here to See the Evidence.
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