Fed’s $192B Loss: What It Means for Your Money?

Fed’s $192B Loss: What It Means for Your Money?

The institution created to stabilize the banking system is now hemorrhaging money at a historic rate. The Federal Reserve, which was once pitched to the American public as a safeguard against financial panics, has posted a combined $192 billion in operating losses...
Where Will the US Stock Market Crash End?

Where Will the US Stock Market Crash End?

As the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode — where is the US stock market crash likely to to stop falling? So far, it’s...
The Currency’s Push Gives Gold the Pull

The Currency’s Push Gives Gold the Pull

Gold is trading lower, but definitely not as bad as last night’s starting point with the trade at $1,586.30 down $4 after dipping down to $1,551.00 with the high to beat at $1,594.20. Silver is down 22 cents after yesterday’s “selloff” with the trade at $15.785 after...
Egon von Greyerz: THIS IS IT! The Party’s Over

Egon von Greyerz: THIS IS IT! The Party’s Over

This is it! The party is over. The world is now facing the gravest economic and social downturn in Modern Times (18th century). We are now entering a period of global crisis that will change the world for a very long time to come. This should come as no surprise to...