LATEST NEWS : Kuroda Has Draghi in a Bind as Euro Soars Against Yen

Mario Draghi has something new to worry about as he prepares for tomorrow’sEuropean Central Bank policy meeting: the euro-yen exchange rate. The yen approached a six-year low versus the shared European currency after Bank of Japan Governor Haruhiko Kuroda surprised investors late last week by extending his record stimulus program. Kuroda’s actions jeopardize the weaker […]

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LATEST NEWS: The System Is Terminally Broken

The Fed has formally “ended” QE, but it hasn’t really.  The Fed will continue reinvesting interest on its portfolio in more bonds and it will rollover maturities.  We saw what happens to the stock market a few weeks ago when Fed official James Bullard asserted that the Fed needs to start raising rates:   the […]

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LATEST NEWS : Japan Is Leading the Global System to Collapse

The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way. Their “way” involves rampant debt monetization, also called Quantitative Easing or QE. Indeed, the primary argument from the Keynesians as […]

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LATEST NEWS : It’s Currency War! – And Japan Has Fired The First Shot

This is the big problem with fiat currency – eventually the temptation to print more of it when you are in a jam becomes too powerful to resist.  In a surprise move on Friday, the Bank of Japan dramatically increased the size of the quantitative easing program that it has been conducting.  This sent Japanese […]

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LATEST NEWS : Cold turkey? Will the West survive ‘withdrawal’ from QE?

If all you ever did was look at economic figures you might be forgiven for thinking the global economy is beginning to pick up after the worst recession in living memory. But the reality is rather different. The Western world’s casino markets have been surviving, ever since the 2008 bailouts, on trillions of dollars of […]

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LATEST NEWS: U.S. MINT SILVER EAGLES: Record Demand On Manipulated Low Paper Price

Investors snatched up a record number of Silver Eagles as the paper price was manipulated to new lows today.  This is a very strange market phenomenon, as several “Official” analysts forecasted a drop or sell-off of physical metal if the price continued to decline. continue reading at srsroccoreport.com

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