The SEC has approved bitcoin ETFs – this is to socialize and normalize Digital Currency among the Masses – CBDC is coming next.

This is going to create a lot of publicity around Digital Currency, to allow the media and the government to socialize and normalize digital currency among the masses. Then the Central Bankers can more easily introduce Central Bank Digital Currency (CBDC). The end of cash and freedom may be drawing near. https://www.theguardian.com/technology/2024/jan/11/bitcoin-etf-approved-sec-explained-meaning-securities-regulator-tweet The SEC has …

READ MORE

Canadian Financial Institutions See Liquidity Shortage The Bank of Canada Restarts Overnight Repo Operations – Is the Fed Next?

via DAVID JENSEN: On Wednesday January 3, 2024 the Bank of Canada (BoC) restarted its Overnight Repurchase (Repo) operation with an initial injection of $4.85 Billion CAD into the financial system – one or more bank or eligible financial institution lacked sufficient overnight liquidity and was unwilling or unable to sell assets to raise such …

READ MORE

GOP Rep. Cammack: Mayorkas Told Lawmakers They Won’t Like ‘Who Comes Next’ if He’s Impeached

Fox News' @HARRISFAULKNER visibly STUNNED after @Kat_Cammack drops BOMBSHELL allegation that Sec. Mayorkas told Congressional members behind closed doors that if they impeach him they won't "like who comes next." Read: https://t.co/HbJikMTQLZ pic.twitter.com/y6gaSwUzCa — Brianna Lyman (@briannalyman2) January 8, 2024 But probably the most sinister of all the Mayorkas confessions allegedly happened at a closed-door …

READ MORE

The onset of the liquidity crisis is imminent. Carnage in small caps and Tbonds is coming for big caps next.

-DXY breaking out towards 107 -10 yield is nibbling at 5% -Futures red and accelerating lower as I type this. -Cypto suflee is crushing down. Dollar Index DXY pic.twitter.com/SdGxqSuhcX — The_Chartist 📈 (@_chartitude) October 26, 2023 Despite the ongoing debates, the current economic cycle has unfolded much more like the 1970s period than the World …

READ MORE

Until the Glass-Steagall Act is restored, barring the Wall Street trading casino from owning federally-insured commercial banks, the U.S. banking system will lurch from one crisis to the next, until its reputation as a first-class financial system is relegated to the dustbin of history.

  Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals We’re very sorry to have to tell you this, but if you’re not watching Senate Banking or House Financial Services Committee hearings when the topic is about increasing bank capital or any new regulations to make the …

READ MORE

Inflation Burns Through “Safe” Sectors – What’s Next?

From Peter Reagan at Birch Gold Group Since May 2021, inflation persistently above the Fed’s 2% target has devoured our purchasing power, day by day. Making the cost of living impossible to predict and planning for the future increasingly uncertain. After a short period of cooling off, inflation is heating up again on multiple fronts. …

READ MORE

Reality check for China. Financial crisis is next.

BEIJING (Reuters) – Chinese President Xi Jinping’s first major reform plans a decade ago were also his boldest, envisaging a transition to a Western-style free market economy driven by services and consumption by 2020. The 60-point agenda was meant to fix an obsolete growth model better suited to less developed countries – however, most of …

READ MORE

You’re Next! Commiefornia Democrats Want to ARREST Texas Governor Greg Abbott in New “Criminal” Probe Over Shipping Illegals to the “Sanctuary” State

The Los Angeles city council has decided to pursue a lawsuit and criminal probe against Governor Greg Abbott over Texas’ migrant busing program.   The city council came to a unanimous decision on Wednesday and demanded that the city attorney’s office investigate whether Abbott (R-Texas) committed any crimes through the migrant bus program and whether …

READ MORE

Will their new claim that a recession has been avoided be wrong next?

Not to mention, the Fed originally claimed inflation would’ve already been at 2%. Now, they said inflation won’t hit 2% until 2025. Their solution to being wrong? No longer giving guidance on policy outlook. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) July 27, 2023 “Rollercoaster” Inflation Is …

READ MORE

Global De-Dollarization Accelerates – What’s Next?

From Peter Reagan at Birch Gold Group We’ve written before about how economic catastrophes often start gradually, then suddenly accelerate into utter chaos. Now it’s time to apply that idea to a different topic: de-dollarization. Mike Maloney surmises that the dollar will, at first, slowly be replaced by alternatives as the global reserve currency. Then, after alternatives build momentum (e.g. BRICS …

READ MORE

Could the Commercial Real Estate Market Be the Next Thing to Break?

Guest Post by Michael Maharrey at SchiffGold.com: Could the commercial real estate market be the next thing to break in this bubble economy? The rampant money creation and zero percent interest rates during the COVID pandemic on top of three rounds of quantitative easing and more than a decade of artificially low interest rates in the wake …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.