It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA’s black budget, and is the architect of the world’s monetary system (IMF, World…
NEW YORK – The recent volatility of the Dow Jones Industrial Average indicates savvy investors on Wall Street are worried. Should the Federal Reserve, under Chairman Ben Bernanke’s replacement, “taper” the current Fed policy of buying U.S. Treasury debt, investors anticipate a sharp downward market correction, possibly even a market crash. Last week, the Dow…
Derivatives Don’t Cut It The Fed Cannot Stave Off the Inevitable Market Revaluation by Silver & Gold. The Fed has yet to learn that you can’t fool Capitalism for very long, but it’s about to get a punishing lesson.
NEW YORK (AP) — Back to reality and back down, Wall Street focused Wednesday on the bleak landscape ahead for the economy and wiped out its big gains from a day earlier – and then some. The Dow Jones industrial average closed down 519 points and has now lost more than 2,000 in less than…
