We have shared documented evidence that the federal reserve, U.S. Treasury, and other officials routinely deceive the public.
Institutions have proven themselves to be untrustworthy.
Thus, it is always with the caution of a professional detective investigator searching for the facts that we critically examine what the Federal Reserve activities really are…
What Is REALLY Going On inside the Federal Reserve System?
I expect EASY MONEY to remain available to the member institutions.
Happy Trick or Treat Halloween! ~Ron
The Federal Reserve has officially announced an end to its quantitative easing bond-buying program
[…] “the Committee decided to conclude its asset purchase program this month.”
READ: Press Release
Everyone must ask “what does this mean” and “what will result”?
Have the policy makers another plan to protect the
banksters international monetary system?
Will bank holiday be declared before the end of the 2015 calendar year? (my near term estimate)
Many people are confused, despite the talk about the dollar by different Fed officials, dollar policy is “officially” and contractually set by the U.S. Treasury.
U.S. Government Bonds Fall After Fed Statement
Reports the Wall Street Journal.
Also, recall that U.S. Treasury Secretary Jacob J. Lew urged G-20 Nations to Avoid Competitive Devaluations 3 weeks ago…
Lew singled out China, urging the world’s second-largest economy, to let the [U.S. controlled market] set the value of the yuan.
Robert Michele: Fed Ending QE Is Not the End of Easy Money
Oct. 30, 2014 (Bloomberg) Robert Michele, global FICC chief investment officer at JPMorgan Asset Management, and Bloomberg’s Lisa Abramowicz, discuss the end of quantitative easing by the Federal Reserve and how it may affect the bond and equity markets. They speak on “Bloomberg Surveillance.”
The Fed is not REALLY ending QE
Powers That Be Have Frozen Money For Swiss Gold Initiative
“Before joining the Fed, Alan Greenspan was totally in favor of owning gold. But by 1987 he was busy at the Fed. Later he was manipulating markets and printing money as U.S. debt levels skyrocketed. But today Greenspan is free from constraints, so he is once again saying that gold is a good place to be because it’s not possible for the Fed to end its easy money policies.
And if we look at Switzerland, before 1999 Switzerland kept 40 percent gold in the Swiss National Bank’s balance sheet. This was a requirement. But the central planners snuck something into the Constitution that changed that requirement and the amount of gold plunged from 40 percent in 1999, down to 19 percent in 2009. But then Switzerland really started printing money and so now there is only 7 percent gold in the Swiss National Bank’s balance sheet, which is one of the lowest of all the European countries.
As you know, Eric, I have been involved in the Swiss Gold Initiative. The Swiss National Bank is opposing this initiative. They have admitted that it stops their ability to manipulate markets. The campaign is going well. The public has generously donated because of KWN and other sites. But that came to a stop two days ago when Paypal closed the account for donations and they froze the funds that were in that account without any warning.
So unfortunately the campaign cannot receive some of those donations which were just frozen. Paypal will not even answer the questions we are asking them, but I assume the money will be returned to the donors. Clearly the powers that be did not want the campaign to receive this money. We will keep on fighting for this campaign because gold will always have an advantage over worthless printed pieces of paper that governments and central banks create at will in order to manipulate markets.”
Greyerz added: “But coming back to the Fed, Eric, they will never be able to permanently stop QE. It’s not that QE is a solution, it’s just that if they stop it rates will go up and there will be no chance to refinance the massive U.S. debt load or the Fed’s own balance sheet. The system cannot survive with higher rates.
So I believe there will continue to be some type of ongoing secret QE done through foreign central banks or some type of Plunge Protection Team. But eventually the system will require massive worldwide money printing. This is because the problems from the 2008 collapse are still present in the system.
But regardless, the public will continue to suffer with high unemployment, high personal debt loads, and falling real wages. 90 percent of Americans are poorer today than they were in 1987. 58 percent of the population is now earning below $28,000. We also just saw a 19-year low in mortgage applications, which shows that the problem in the real economy is massive.
But we will also see more QE in Japan, where there are huge problems. And China’s property market is now in a real bubble. This will affect China’s banking and shadow banking system. French unemployment is also at a record high now, and Germany’s Business Confidence is at a 6-month low.
If you look at the stress tests in Europe, 25 banks failed. But the stress test was devised in such a way that most banks passed. Virtually all of them would have failed a normal stress test. But even the banks which did not pass the test won’t have to take measures to pass at a later stage. The bad debt in Europe is now over $1 trillion euros. This will eventually mean even more massive money printing in Europe.
So people need to be patient and focus on the fundamentals as the Western central planners push the gold and silver prices around one last time in their game of psychological warfare against hard asset investors. Before this is over, Eric, the people invested in gold and silver will see the prices of the only true money the world has ever seen skyrocket.”
The Bank of Japan takes over for Fed in pumping markets up
By Rodrigo Campos Reuters Friday, October 31, 2014
U.S. stock index futures rallied on Friday alongside most markets globally after the Bank of Japan significantly ramped up its stimulus program just days after the U.S. Federal Reserve wound down its own package of economic incentives.
If futures’ gains hold after the open, the S&P 500 will test its record high set more than a month ago.
The BOJ’s board voted 5-4 to accelerate purchases of Japanese government bonds while tripling its purchases of exchange-traded funds and real-estate investment trusts.
At the same time, Japan’s $1.2 trillion Government Pension Investment Fund announced new allocations for its portfolio, including raising its holdings of domestic and foreign stock holdings to 25 percent each from 12 percent. A Nikkei newspaper report on this announcement on Thursday contributed to an afternoon rally in U.S. stocks.
Read full report: http://www.reuters.com/article/2014/10/31/us-markets-stocks-idUSKBN0IK11E20141031
The costs of living continues to rise (Excluding food and energy “Core CPI”, prices rose 0.1% for a third consecutive month – HOW can anyone exclude the price of FOOD & ENERGY?), consumer consumption in the U.S. was negative .2 percent for September; housing market is weak and getting weaker; but no alarms because the officials claim this is a RECOVERY.
Consumer spending is the biggest force for economic growth in the U.S., accounting for more than two-thirds of output. A negative consumer spending number indicates the U.S. economy is not well…
The guardian.com reported: U.S. consumer spending weakest in eight months despite growth predictions http://www.theguardian.com/business/2014/oct/31/us-consumer-spending-weakest-eight-months
What are the Exchange Markets?
I am not an advisor and not a fund manager, I am a observer, a researcher, a seeker of truth.
I would like to see people stop thinking of the rigged exchange markets as anything other than a house of crime with corporate-government finances of trillions in paper assets.
Here is what I see:
Corporate institutional investors use mainframe computer algorithms, “house rules”, and government protection to survive all gambling risks.
They can instantly send billions of dollars wherever they wish to manipulate a price and trend in the market. Imagine one $60 Billion dollar Sovereign Wealth Fund; with that kind of cash they will not park it in a vault of precious metals!
They are not individuals protecting their wealth!
They are employees with a job to ruthlessly seek a specific profit or yield, and they do manipulate the market for fast profits and members’ protection. They know the market is rigged and they know how to cash in on the rigging!
They also can easily do some manipulation with that huge amount of capital.
I, as a individual, refuse to enter that crime controlled gambling house.
Daily I read or hear individuals speak about the financial market exchanges as if it has individuals seeking to preserve their wealth for retirement or their grandchildren, the evidence reveals this is not the case.
Now Everyone who have read the above can expect Wall Street, London and the other financial centers to continue to climb until it can’t climb anymore.
The only thing I have identified as stopping that international monetary system is the removal of public support for institutions.
Governments and banks collapsing, because of massive boycotts and workers’ leaving the corporate jobs stopping business and government activities.
When Main Street and the People at home stop supporting the institutions the institutions will collapse.
Listen to Chris audio who believes in fundamentals
[audio src="http://www.kereport.com/wp-content/uploads/Friday-Chris5.mp3" /]
The Vision: Collapse and Transition
QE3 Finished. QE4 Coming Soon! Trillions of Debt Being Covered Up By the Fed!
Posted 30 Oct 2014
Statement Regarding Purchases of Treasury Securities and Agency Mortgage-Backed Securities
On October 29, 2014, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to conclude the current asset purchase program by the end of October.
Wall Street is already thinking about QE4
huge amount of bonds it holds on its more than $4.4 trillion balance sheet.
Number of the Week: Total World Debt Load at 313% of GDP
Debt is an increase in current spending in lieu of a decline in future spending
Click to access otc_hy1311.pdf