• GoldCore
    01/13/2016 - 12:23
    John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...
  • EconMatters
    01/13/2016 - 14:32
    After all, in yesterday’s oil trading there were over 600,000 contracts trading hands on the Globex exchange Tuesday with over 1 million in estimated total volume at settlement.

Federal Reserve

ilene's picture

Bernanke Says That Any Criticism Of The Federal Reserve Is Based On “Misconceptions”





Federal Reserve Chairman Ben Bernanke is taking his show on the road.

 
Tyler Durden's picture

The Federal Reserve's Protectorate Expands By One: L-Pap Is Officially In Charge





This is not news, and was already broken over the weekend, but at least now it is official.

  • GREEK PRESIDENT TOLD THAT PAPADEMOS TO HEAD GOVERNMENT- BBG quotes SKAI

That said, while the EURUSD is obviously delighted that the ECB has just placed its first proxy to head a sovereign nation, perhaps PM is not quite the right title: how about Federal Reserve Viceroy for the Aegeo-Turkish region; or Annexation Tzar for the ECB. As a reminder, L-Pap's profile can be found here.

 
EconMatters's picture

Marc Faber: Long The Dollar, But Occupy The Federal Reserve





It was Washington and the lobbyists who created the system that Wall Street uses to profit.  So Occupy Wall Street should move to DC and Occupy the Federal Reserve on the way. 

 
George Washington's picture

Protesters Target Federal Reserve





William Banzai ... for the win.

 
Tyler Durden's picture

Guest Post: The Federal Debt As Criminal Scam, The Federal Reserve As Criminal Syndicate





The Fed/Treasury is an evil axis defunding you and me: the debt is $14.5 trillion; this is our debt, not the government’s debt. The government does not generally earn money; we do. Therefore every criminal debt certificate (Treasury bond) the Treasury exchanges for cash is a debt on you and me--a promise to pay for which citizens are responsible to pay, IOUs in simple terms. If the government printed the money instead of the criminal Fed, there would be no debt. Uncle Sam borrows bucks and you become automatically indentured to pay back the bond and pay the vig! How is this not a criminal enterprise? If you go to a loan shark, at least you get to have the money in your hand and can spend it before you have to repay the loan and pay the vig!

 
Tyler Durden's picture

Guest Post: Federal Reserve Policy Mixed With Extreme Weather Has Put The World On A Fast Track To Revolution And War





There are many factors that clearly demonstrate why it would be disastrous for the Federal Reserve to repeat their vicious Quantitative Easing (QE) policy. If you want to know a significant reason why they cannot get away with another round of QE, here is an equation for you: (Quantitative Easing + Extreme Weather = Revolution + World War III)

 
Tyler Durden's picture

Federal Reserve Prediction Error Rate: 33% In Under 3 Months... Or 133%+ Annualized





Today, Sandra Pianalto, president of the most irrelevant Fed in the US, the Cleveland one, confirmed why when it comes to economic predictions, one may want to take anything uttered by the rocket scientists at the Fed with a pinch of salt... and why in general anytime an economist speaks it is best to run away. Specifically, in her prepared remarks to whoever it is that is dumb enough to listen, she just said that she expects the US economy to grow by 2% in 2011. Funny, because a simple google search reveals the following glaring headline from those long ago days of June 1, 2011...

 
George Washington's picture

Will a "Super Congress" Gut the Constitution - Just Like the Federal Reserve?





The Founding Fathers' vision of prosperity has been destroyed - and we've gone from the "wealth of nations" to the "debt of nations" - at least in part because our political system has been subverted by non-Constitutional committees and entities.

The Fed has admitted that its banks are  private institutions.

Now, it's the "Super Congress" ...

 
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