Socio-Economics History Blog
Socio-Economics History Blog
US Banks Have $1.4T in Excess Reserves Yet Need Daily “Emergency” Fed Actions by https://moneymaven.io/mishtalk/, 21 Sep 2019 With $1.4 trillion in excess reserves, how can there be a problem with overnight funding? Emergency Funding Continues The Fed continued emergency repos today as firms are short of cash. – read more. end
Macleod: Global Depression May Loom As The World’s Banking System Is Seizing Up Like It Did In 2008 by https://kingworldnews.com/ Today Alasdair Macleod told King World News that a global depression may loom as the world’s banking system is seizing up like it did in 2008. – Turmoil In Global Markets September 20 (King World …
ITM Trading Links to slides and sources: Facebook announced their entry into currency creation space via their new cryptocurrency, Libra and global governments are riled. Why? Because it poses a threat to their money monopoly. – On August 5, 2019, the Board of Governors of the Federal Reserve System announced a new instant payment system, …
Modern Ashkenazi Khazars (90+% of modern Jewry) are NOT the Jews of the Bible! Ashkenaz is not from the tribe of Shem ie. not semitic! They cannot be the descendents of Jacob/Israel who are from Shem! – Genesis 10:1-3 (New King James Version) Nations Descended from Noah 1 Now this is the genealogy of the …
Press TV If the Houthi claims of responsibility are to be denied, then there is the possibility that “the attacks on the Saudi oil facilities are a clandestine ‘false flag’ operation similar to the Gulf of Tonkin incident that sparked the escalation of the Vietnam War,” according to Dennis Etler, an American political analyst who …
SilverDoctors Simon says we need to play the cards we’ve been dealt, and if that means silver’s been driven down in price and we can buy it cheaper, then back-up the truck and buy physical, but is that the only reason to back-up the truck? On Thursday, Half Dollar had the opportunity to chat with …
Real Vision Finance As 2018 drew to a close, global central bank liquidity flipped from net positive to net negative for the first time in a decade. Danielle DiMartino Booth joined Real Vision to explain her thesis that share buybacks have created positive momentum in US equity markets that until only recently have moved away …
Gold-Rigging Scandal Hits The LBMA: JPMorgan’s Gold Manipulator Nowak Kicked Off LBMA Board by Ronan Manly, BullionStar.com, via https://www.zerohedge.com/ Just when you think it couldn’t get any more embarrassing for JP Morgan’s precious metals business and its embattled head, Michael Nowak, it just did today as the powerful London Bullion Market Association (LBMA) moved to oust …
RT America The volume of Russian investment in US government debt fell in July 2019 to its lowest level in 12 years. Russian investment in US bonds has decreased by almost 35 percent since the start of the year. China has begun to follow a similar pattern of divestment. RT’s Yulia Shapovalova reports on the …
RT America International human rights activist Ajamu Baraka joins RT America’s Michele Greenstein (in for Rick Sanchez) to discuss the creep of militarism in US foreign policy, pointing out that “maintaining global hegemony” is a bipartisan consensus in US politics. They also discuss censorship on social media platforms. end
Kitco NEWS E.B. Tucker, director of Metalla Royalty & Streaming, doubled down on his bet earlier this year that gold would eventually rise to $1,500, an now he’s betting that silver will hit $20 in the next two months. “Right now, we want to trade silver up to $20. We think gold is going to …
Crush The Street Charles Hugh Smith weights in on the FED’s dangerous game of financial chess with our economy, on top of that we dive deep into the correlation between our living standards and the stock market. With QE insanity all around, are Gold and Bitcoin the answer to protecting our wealth from long term …
CNBC Television In another round of liquidity injection, the Federal Reserve announced results of its auction as it seeks to control the level of its benchmark interest rate. CNBC’s Steve Liesman reports. end
Yahoo Finance Yale University economist Robert Schiller compares today’s market to that of 1929 but adds that a downward correction, “Is not imminent.” Schiller also discusses the Federal Reserve, interest rates and the housing market. end
A Clueless New York Fed Is Examining Why Banks With Excess Cash Failed To Halt Repo Panic by Tyler Durden, https://www.zerohedge.com/ When it comes to occasional (or chronic) dollar shortages, and the plumbing of the overnight lending market, which as everyone knows suffered a spectacular heart attack early this week when the overnight repo rate …
RT America At least 30 Afghan civilians were killed and 40 others were injured by a US drone strike on Thursday. RT America’s Michele Greenstein (in for Rick Sanchez) reports. Meanwhile, new US sanctions have been imposed on businesses associated with CLAP, Venezuela’s food distribution program, in an effort to combat “systemic corruption.” President Nicolas …
RT America Three employees at JP Morgan, the largest bank in the US, have been charged under the RICO act for “spoofing the market.” They made millions for the bank by defrauding other market participants, including their own customers. The defendants include the head of the bank’s precious metals desk. RT America’s Michele Greenstein (in …
Liquidity Scramble: Fed Announces Overnight Repos Every Day Next Week, Introduces Term Repos by Tyler Durden, https://www.zerohedge.com/ Yesterday we reported that Goldman now expects the Fed to restart Permanent Open Market Operations, i.e., bond purchases, i.e., QE some time in November. For those who missed it, Goldman assumes a roughly $15bn/month rate of permanent OMOs, “enough …
