Socio-Economics History Blog
Socio-Economics History Blog
RoadtoRoota $75B…Gone and the Banks come back for more! Everything is falling apart behind the curtain and you have a front row seat on the Road to Roota!! end
Liquidity Shortage Getting Worse: Fed’s Repo Oversubcribed Even More As Funding Demand Jumps by Tyler Durden, https://www.zerohedge.com/ For those hoping that the funding crunch would ease on the third day after the overnight repo rate exploded as high as 10%, we have bad news: it did not. – As we warned earlier today, when we …
Japan Says There Is No Evidence Iran Was Behind Attack on Saudi Aramco Facilities by https://sputniknews.com/ Japanese Defense Minister Taro Kono told reporters on Wednesday that he has not seen any intelligence indicating Iran was behind the attacks on Saudi Arabian oil facilities over the weekend. – “We are not aware of any information that …
RT Oil refining in Saudi Arabia had been halved as a result of the attack on two major state-run facilities. The US claims it was a result of drone strikes launched from southern Iran. READ MORE: https://on.rt.com/a1yg end
RT Three videos appearing to show encounters between US Navy aircraft and UFOs are real, the Navy’s Deputy Chief of Naval Operations for Information Warfare spokesman Joseph Gradisher admitted. However, he also insisted that the clips merely show so far “unexplained aerial phenomena” and were never cleared for public release. “The Navy designates the objects …
Reluctant Preppers It’s now official: central banks’ stated policy is to take interest rates and the value of the US dollar to zero. …But not until they’ve managed to tie up the world’s real estate and other hard assets, leaving the vast majority of people in poverty. Wayne Jett, constitutional attorney, who has argued cases …
Thom Hartmann Program The Fed just dumped $75 Billion into the economy…. and possibly to avert a massive financial crash Monday morning, large short term loans became unavailable and rates for these gigantic loans shot up High interest rates caused financial crashes in the past The Fed panicked and flooded the market with lots of …
Kitco NEWS Gold’s trajectory over the long-term is several thousand dollars higher, with an average target price of $12,500, and it only makes sense when you look at the historical growth of the metal, this according to Pierre Lassonde, chairman of Franco-Nevada. “If I use the compounded annual growth rate over 50 years, that’s got …
CGTN The People’s Bank of China could become the world’s first central bank to introduce its own digital currency. It has applied for 74 patents involving digital currencies to the National Intellectual Property Administration. The soon to-be-unveiled digital currency will be backed by the reserves of valuable assets that commercial institutions deposit in the central …
Very Divided FOMC Cuts Rates As Expected, Fails To Address Liquidity Crisis, Sees No More 2019 Cuts by Tyler Durden, https://www.zerohedge.com/ Summary: The following critical things stand out: Fed cuts both the fed funds (by 25bps to 1.75%-2.00%) and IOER (by 30bps to 1.8%) rates as expected, but does not expect any more rate cuts in 2019; the …
Netanyahu Openly Boasts About Stealing vast Swathes of Palestine, but US Politicians Won’t Acknowledge It by JUAN COLE, https://www.juancole.com/ Ann Arbor (Informed Comment) – Beleaguered Israeli prime minister Binyamin Netanyahu is under serious corruption charges and is not assured of winning the upcoming election. So he engaged in grandstanding, saying that if he was reelected he …
Fed Funds Prints 2.30%, Breaching Target Range For The First Time, As Libor Replacement Soars To “Remarkable” 5.25% by Tyler Durden, https://www.zerohedge.com/ If today’s second consecutive repo was supposed to calm the stress in the secured lending market and ease the funding shortfall in the interbank market, it appears to have failed. Not only did …
Russia Refuses to Play Musical Chairs with America’s Debt, Continues to Dump US Treasuries by https://www.rt.com/ Moscow has continued to sell off US Treasury securities, cutting its stockpile by $2.35 billion in July, according to the latest US Department of the Treasury data released on Tuesday. – Russia’s holdings of US state debt amounted to …
Zionist war propaganda! War mongers! Trump Clearly Wants Rapprochement With Iran. Israel Can’t Let That Happen by Yossi Mansharof and Jason M. Brodsky , https://www.haaretz.com/ Despite Iran’s role in the Saudi attack, there’s still speculation that presidents Trump and Rohani may meet. Even a tentative rapprochement would severely strain Israel’s close ties with the White House …
ITM Trading Links to slides and sources: https://www.itmtrading.com/blog/negat… Question 1. Jason S: If and when US rates go negative, can you explain how those negative bond rates will translate into the rates impacting everyday retail banking products and instruments? Question 2. Scuba Duba: I’m in the MF industry. Almost every wholesaler says “everything is fine!” …
RT America The UK Supreme court has opened to hear the case surrounding Brexit, as lawyers urge Britain’s judges to rule that Prime Minister Boris Johnson’s suspension of Parliament was unlawful. Former MP George Galloway talks more on this ongoing drama. end
RonPaulLibertyReport Secretary of State Mike Pompeo was sure of who was responsible for the attack on Saudi oil facilities shortly after the attack. Neocons followed suit, one by one blaming Iran and calling for the war they’ve been drooling over for years. But not only are Washington’s European partners skeptical of the claims – even …
Karl Denninger: Big Money Sees Economy Hitting the Wall — Economic & Civil Calamity Possible by Greg Hunter’s USAWatchdog.com Analyst and entrepreneur Karl Denninger says the economy is good for some people but not so good for others. Denninger explains, “I think it is very good for people in the top couple of percent. I think …
Silver Report Uncut JP Morgan has been in the spotlight more than once for spoofing the silver market. Now in this action it is much more involved than the first traders caught manipulating the silver future market and other precious metals. The Banks activities were deemed Rico worthy. JP Morgan through out the indictment is …
Liquidity Shortage Getting Worse: Fed’s Repo Oversubscribed As Funding Demand Soars 50% Overnight by Tyler Durden, https://www.zerohedge.com/ 20 minutes after today’s repo operation began, it concluded and there was some bad news in it: as we feared, yesterday’s take up of the Fed’s repo operation which peaked at $53.2 billion has expanded substantially, and according …
Fear and trepidation time? Today’s “Watershed” Repo-calypse Is “One Of The Worst Things That Can Happen” by Tyler Durden, https://www.zerohedge.com/ While it is being ignored by most (because the S&P didn’t crash), the chaos in the Fed-controlled short-term liquidity markets should panic everyone as for the first time in a decade, NYFRB was forced to …
SilverDoctors Today’s guest, Lior Gantz, shares his thoughts on the problems with negative yielding debt and how institutional money is getting scared like in 2008. During our discussion he shares his thoughts on how to navigate the financial markets and how important precious metals will be in the future. end
Something has collapsed, has broken …. behind the scenes. Why does the FedRes need to further conduct an even bigger Repo operation($75B) if today’s operation($53.2B) is successful. Be wary of the Illuminist corporate MSM lulling you into a false sense of security. Is the financial derivatives collapse escalating, causing an immense requirement for dollar funding …
RT America Three JP Morgan executives have been charged under the RICO act for “spoofing the market” to generate criminal profits for the bank’s precious metals desk, from 2008 until 2016. Prosecutors vow to “follow the facts where they lead,” suggesting that more indictments may be ahead. RT America’s Michele Greenstein (in for Rick Sanchez) …
