Following the Western sanctions that froze Russian assets abroad because of the special military operation in Ukraine, sovereign investors now prefer to hoard physical gold over derivatives or equity indexes (ETFs).
Continue reading Central Banks Hoarding Gold After Russian Asset FreezeTag Archives: Central Banks
Greek Debt Restructuring Will Burst $100 Trillion Bond Bubble
Syriza’s rise to power in Greece spells the end of the Euro and the high probability of the $100 Trillion derivatives bubble to burst. This obviously is causing sleepless nights for the Cabal.
This is probably one of the reasons why New York City must be shut down in order to give the wolves in Wall Street plenty of time to regroup.
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Seven Central Banks Take Anti-Deflationary Actions in Past Week
By Pam Martens and Russ Martens: January 22, 2015
The big story this week has not been news coming out of the widely covered World Economic Forum in Davos or the much anticipated bond-buying program in Europe known as QE. The big story is the sheer number of central banks moving into panic mode in the span of a week.
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CFR Proposes Prosperity Packages
In an effort to remain relevant, no less than the Cabal’s own Council on Foreign Relations has proposed paradropping of printed money be provided to the 99% by the Central Bankers!
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