Monthly Archives: July 2014

Official Who Implemented QE1 For Fed Warns Major Turmoil Is Coming – What Fed is Doing is “Quite Shocking”

In the aftermath of the Fed’s decision to taper another $10 billion, today King World News spoke with the man the Fed called on to execute QE1 and who also set up the Fed’s massive trading room, former Fed member and former Managing Director at Morgan Stanley, Andrew Huszar. What he had to say will Read More

6 Major Flaws in the Fed’s Economic Model – James Rickards

The U.S. dollar is the dominant global reserve currency. All markets, including stocks, bonds, commodities, and foreign exchange are affected by the value of the dollar. The value of the dollar, in effect, its “price” is determined by interest rates. When the Federal Reserve manipulates interest rates, it is manipulating, and therefore distorting, every market Read More

How Much Did Subprime Loans Fuel GDP boom? Economy Running on Subprime Loans Again?

By Steve Goldstein, MarketWatch WASHINGTON (MarketWatch) — It’d be tempting to think that the days of subprime loans fueling the economy were a product of the era of the aged or departed Ace Greenberg, Alan Greenspan and Angelo Mozilo. Except when you break down the growth in GDP, it’s clear that car and light truck Read More

IMF View of US Economy May Boost Gold – HSBC

UNITED STATES July 25 2014 4:35 PM NEW YORK: The International Monetary Fund view of the United States economy may boost gold, should it come true, said HSBC precious-metals analyst Jim Steel. The IMF on Wednesday suggested the Federal Reserve may have room to keep interest rates at zero for longer than investors anticipate. Currently, Read More

While Other Currencies Emerge as an Alternative to the US Dollar, Gold Will Also Benefit.

David Levenstein – July 29, 2014 Last week, the main drivers behind the gold prices were the situation of the Malaysian Airlines jet downing in Ukraine and Israel’s invasion of Gaza. For now it seems that the other hot-spots especially those in Syria, Libya and Iraq have been temporarily forgotten. On Thursday, gold prices fell on Read More

Real Unemployment Rate Is at Least 18 Percent – Ergo, Entitlement Money Printing Can’t Stop

Tuesday, 29 Jul 2014 By Peter Morici The Labor Department on Friday is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may be down from its recession peak of 10 percent, but much of this Read More

The Shocking Reason Why Gold May Quickly Hit $2,000 – And Big Moves for Silver, Platinum & Palladium

Today a man who has been involved in the financial markets for 50 years spoke with King World News about the shocking reason why gold may quickly hit $2,000. Below is what John Embry, who is business partners with billionaire Eric Sprott, had to say in this powerful interview. Embry: “We are at a major Read More

This stock bubble is ‘beyond 1929 and 2007,’ says John Hussman

John Hussman can generally be counted on for a bearish take on the stock market. But his latest weekly commentary letter is a doozy, with some particularly pointed remarks aimed at investors who continue to believe valuations are fair in stocks. The economist runs Hussman Funds, and since the financial crisis he’s been a prominent critic Read More

Setting The Stage for The Next Collapse – Preperations Taking Place Don’t Help You

By: Steve Saville Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 20th July 2014 When the central bank pumps money into the economy and suppresses interest rates it creates incentives to speculate and invest in ways that would not otherwise be viable. At a superficial level the central bank’s strategy will Read More