A hub for independent voices and hard truths
It’s a busy week for central banks worldwide, with a flurry of rate decisions expected. The Federal Reserve’s two-day meeting, starting Tuesday, is likely to steal the spotlight as markets anticipate a potential start to the Fed’s rate-cutting cycle. Traders …
BY DAVID HAGGITH You may beat the inflation rate back down, but all future inflation happens from the new higher benchmark of prices that never fall back down, and central banks never stop trying to push them up. Photo by Rob on Unsplash …
A recent string of robberies in New York’s famous central park have captured the attention of the entire city. While crime in central park had been trending upwards since this spring, these recent robberies were committed by individuals who live …
https://twitter.com/FinanceLancelot/status/1826800230911934687 pic.twitter.com/kjGOfTh9Fe — Financelot (@FinanceLancelot) August 23, 2024 "Housing supply is surging as a record number of buyers get cold feet amid sky-high prices" uhhhhh oh pic.twitter.com/nYAOp902BC — Darth Powell (@VladTheInflator) August 22, 2024
"Central banks are hoarding gold faster than we've ever seen." https://t.co/J9XZM6jxsg via @dailychartbook pic.twitter.com/Rg9zR1EhiT — Jesse Felder (@jessefelder) August 17, 2024 Gold hits an ATH in US $…ever, and not a mention in the CNBC’s of the world. The US …
Global Central Bank Gold Purchases, in Tonnes, Q1/2010-Q1/2024 pic.twitter.com/wWD1RbMQts — Win Smart, CFA (@WinfieldSmart) August 13, 2024
Why did the carry trade trap spring shut? Brandon Smith of alt-market.com explains why central banks typically coordinate their moves in secret – and what happens when they don’t… From Brandon Smith In 2022 there was considerable debate among alternative economists …
This weekend's #Bitcoin crash is an example of why Bitcoin will never be a reserve asset for any major government or central bank. A reserve asset must have relatively low volatility. It needs to be readily sold when needed. It …
"Recession Triggered" The Everything Bubble pops as jobs collapse and the dreaded Sahm Rule triggers. Japan's implosion is icing on the cake. Morgan and Citi are now predicting a full point of rate cuts in the next 2 meetings — …
Russia’s central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises. Prices have risen fast since Moscow launched its full-scale offensive in Ukraine …
True, $AAPL is a huge chunk of Swiss Central Bank reserves……. https://t.co/rI2Pj7VQOV — JustDario 🏊♂️ (@DarioCpx) July 11, 2024 The big boys love this stock. It's also in some central bank holding. If the stock tanks their holding become less …
The Idaho Central Credit Union (ICCU) recently faced scrutiny due to their member agreement that initially prohibited using ICCU accounts for firearm and ammunition purchases. However, after receiving feedback and feeling the heat, they promptly revised their terms and conditions. Gone is …
🚨 Here's a wild stat: June 2024 marked the first time in 44 months that no global central bank hiked interest rates. A global easing cycle is upon us. Prepare accordingly. pic.twitter.com/JBpogzFxzb — Jesse Cohen (@JesseCohenInv) July 8, 2024 Funny …
World Central Banks buying gold spree has been the longest since the 1950s and 1960s. As a result, Official world gold reserves reached 1,170 million fine troy ounces, higher than just before US President Richard Nixon broke the US Dollar's …
Central banks were recently asked why they buy gold. Their responses were not surprising but reassuring. Almost 50% of respondents cited three main reasons: No default risk. Strong performance during crises. Historical significance. In reality, no other asset matches gold’s… …
So what’s left to prop up their exchange? ‼️ The Russian “Central Bank is preparing to stop exchange trading in the yuan following the dollar and euro” 🍿https://t.co/I25aUztySB pic.twitter.com/hVhhOOC8pV — Prune60 (@Prune602) June 20, 2024 The Russian currency market, …
via crowdfundinsider: Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach. The project aims to explore a multi-central bank digital currency (CBDC) platform “shared among participating central banks and commercial …
The 2024 Central Bank Gold Reserves (CBGR) survey conducted by the World Gold Council reveals that 29% of central bank respondents plan to increase their gold reserves in the next twelve months. This is the highest level observed since the survey began in 2018. The motivations behind these planned purchases …
Central banks around the world are now starting to cut interest rates. With the Bank of Canada and the ECB being the first two central banks to cut. Does that mean that the Federal Reserve might be next?
Chinese Yuan will become Russia’s main currency – Russian Central Bank The yuan/ruble exchange rate will now set the trajectory for all other currency pairs, including the euro and dollar, the bank’s statement said. Meanwhile, in many Russian banks there …
Now central banks can't prevent collapse, and they can't stop collapse. We have achieved global monetary euthanasia. pic.twitter.com/KRSfEnTuYV — Mac10 (@SuburbanDrone) June 9, 2024 42% of Russell 2000 firms are unprofitable $IWM pic.twitter.com/xtC4Ur9j0o — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) …
The gold rush of central banks. Today’s Michael Lewis “Big Short” opportunity is rather the ongoing devaluation of fiat currencies relative to real assets with limited supply, which are imperative to society either as commodities or sound money. pic.twitter.com/t6JZMmbAmm — …
Reserve Bank of India has moved 100 tonnes of gold from the UK to its vaults in India, marking a significant shift in gold storage. The transfer was for logistical and storage diversification reasons. NEW DELHI: Reserve Bank of India …
Central bank net purchases now account for more than a fifth of global gold demand or about twice the proportion between 2012 and 2021 pic.twitter.com/z9pcvCZqin — Win Smart, CFA (@WinfieldSmart) May 28, 2024 BREAKING: 🚨 Argentina Argentina's Peso has plummeted …
via André Marques Central banks’ monetary policies are the most perverse government intervention. Their consequences are dire, last for a very long time, and people don’t perceive them as problems or don’t comprehend the damage they are doing. Monetary policy …
JUST IN: 🇺🇸 US House passes bill to ban the Federal Reserve from creating a Central Bank Digital Currency (CBDC). — Watcher.Guru (@WatcherGuru) May 23, 2024 Look at the vote. The Republicans want you to have financial freedom while the …
New York’s most iconic park is in danger of being destroyed, and some people say its being allowed to happen as the city has other priorities than keeping it safe. What do you think?
