A whopping $1.5 trillion in reserves are now sitting in Fed reserve accounts. We, the taxpayers, are paying $36 billion annually to private banks for parking them, rather than lending them out.

by Orangutan The Fed is supposedly a private organization that print our currency and charges us interest for doing so. Ellen Brown wrote this article and I think she even did an AMA here at one point. She’s also in the documentary by Bill Still called The Money Masters or The Secret of Oz if I … Read more

Cumulative Central Bank Balance Sheets

by SpontaneousDisorder This is the process by which their balance sheets have expanded in recent years. https://en.wikipedia.org/wiki/Quantitative_easing   Quantitative easing Quantitative easing (QE), also known as large-scale asset purchases, is a monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to inject money directly into the … Read more

Desperate for some reality? Don’t look to media editorial or politics for help:

by John Ward Watch the commercial breaks.  A divided country, a divided Parliament, a divided Cabinet, a disloyal Civil Service and a mendacious media set. If you were trying to find a resolution to the Brexit impasse, you wouldn’t start from here. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ These are all the things you wouldn’t have done: Traipse around the EU … Read more

Sven Henrich: It’s Make Or Break Time For The Markets

by Adam Taggart Stocks are poised to break big, one way or the other It’s make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader. His weekly flurry of trendline charts warn that the major indexes have been compressing in rising wedges that increasingly point to a binary outcome: … Read more

Andrew Yang’s Universal Basic Income is DOOMED to FAIL

by Spencer P Morrison, NEE From The Siren of UBI: Robots aren’t taking our jobs. Andrew Yang thinks automation will result in mass unemployment, and therefore we need a UBI to soften the blow. Both the economic logic and evidence suggests otherwise. Begin with this logic: Employment is determined by the ratio between productivity and output. All other things being … Read more

10 Major Developments That Clearly Establish Comprehensive Gold Market Rigging

by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Gold market manipulation update, April 2019 The slides for the PowerPoint presentation accompanying these remarks can be found here: http://gata.org/files/GATA-HongKong-Slides-04-02-2019.pdf * * * [SLIDE 1: Introduction] Remarks by Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. Mines and Money Asia Conference Hong Kong Convention and Exhibition Centre Tuesday, April … Read more

Backfire, New data shows Felons being released from jail in Florida are registering to vote as Republicans

by Jake   Recently Florida decided to allow felons to register to vote. As it turns out, they realize its democrats that put them in prison and took away all their rights. Recently President Trump signed prison reform bill FIRST STEP Act helping convicted felons cut years off their sentences. it seems to be having an … Read more

BOOOOM! Trump-Russia Alfa Bank Connections Were Created By Hillary Supporter, Jean Camp , Working with Fusion GPS and pushed by Hillary Clinton!

A review of the data pertaining to the accusations in the phony Steele dossier about a Trump-Russia Bank connection discovered the sources used is most likely the same source the FBI used to obtain a FISA warrant to investigate the Trump-Alfa Bank connection. This person also just happens to be a radical Hillary Clinton supporter! … Read more

That NBC & MSNBC hired as a “news analyst” John Brennan – who ran the CIA when the Trump/Russia investigation began & was a key player in the news he was shaping as a paid colleague of their reporters – is a huge ethical breach.

That NBC & MSNBC hired as a “news analyst” John Brennan – who ran the CIA when the Trump/Russia investigation began & was a key player in the news he was shaping as a paid colleague of their reporters – is a huge ethical breach. And it produced this: That NBC & MSNBC hired as … Read more

Trump said last week that his administration had sent $91 billion to Puerto Rico, while only $29 billion had gone to Texas and $12 billion to Florida for the hurricane.

Senate Republicans on Monday blasted their Democratic colleagues for blocking a disaster relief bill that was intended to help Midwestern regions affected by flooding because it supposedly didn’t go far enough to help Puerto Rico. The bill, originally sponsored by Sen. David Perdue, R-Ga., proposed $13.5 billion in relief funding for areas recently hit by natural disasters. The 44-49 vote … Read more

9/11 Commission was ordered to scale down investigation: Investigative Journalist Russ Baker in 2010

by chopsuey3 RT Mar 19, 2010: Investigate but not too deeply, that is the message inside documents from senior officials with the Bush administration to the 9/11 commission as they searched for answers after the attacks. Russ Baker, the author of ‘Family of Secrets’, says that the government doesn’t want full disclosure on this issue and … Read more

The stock market is very close to making an all-time high

by Troy It seems like it was only yesterday when the U.S. stock market was crashing -20%. Today, the S&P is almost within 2% of its all-time high. This has been an extremely sharp reversal. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying … Read more