Tag: banking

Bill Holter: Credit Seizure Could Eventually Shut Down Supply Chains

| October 21, 2019 | Articles: Insights
Bill Holter: Credit Seizure Could Eventually Shut Down Supply Chains

Futures Market Failure to Someday Trigger Run on Gold/Silver Listen to the Podcast Audio: Click Here  Mike Gleason: It is my privilege now to welcome in Bill Holter of JSMineset and the Holter-Sinclair Collaboration. Since leaving Wall Street more than a decade ago, Bill has made a name for himself as an astute and highly respected market commentator, writer and has teamed up with Jim Sinclair to help others discover the inherent dangers of our debt based economy and how to protect yourself against it. Bill, it’s great to have you back and I very much appreciate the time today. Welcome. Bill Holter: Thanks for having me, Mike. Mike Gleason: […]

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Federal Reserve’s New QE Transfers Wealth to Its Owner Banks

Federal Reserve’s New QE Transfers Wealth to Its Owner Banks

Metals investors are positioning themselves for rapidly developing political and geopolitical events, as well as a rapidly expanding Federal Reserve balance sheet. What started out as a limited intervention to provide temporary liquidity to overnight lending markets has morphed into a massive $60-billion-per-month Treasury-buying campaign. By some measures, it’s even bigger than the last Quantitative Easing program. The Fed has yet to fully explain why this is all necessary given the lack of an immediate crisis in the real economy. Last week, Fed chair Jerome Powell took great pains to insist that their expanded repo market operations are “not QE” – only to announce a massive new Treasury bill buying […]

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Awareness of Fed Credibility Problems Going Mainstream

| August 31, 2016 | Articles: Insights
Awareness of Fed Credibility Problems Going Mainstream

The nation’s pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets. In a speech entitled “The Federal Reserve’s Monetary Policy Toolkit: Past, Present and Future,” Fed chair Janet Yellen outlined why zero interest rate policy (ZIRP), purchases of toxic mortgage securities, and monetization of Treasury debt just aren’t adequate. Officials must add negative interest rates (NIRP) and purchases of even more sketchy assets to their “toolkit.” Yellen has spent more than a year floating the idea of negative rates, so it is no surprise she is hustling the ludicrous policy once again. […]

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