Category: The Federal Reserve Fraud

July 2, 2012 Category: The Federal Reserve Fraud

UPDATE: Audit the Fed Headed for the House Floor

The vote will take place later this month on whether to audit the Federal Reserve for the first time in history. That would be a fitting birthday present for the America’s most corrupt banking institution on its 100th birthday.

June 20, 2012 Category: The Federal Reserve Fraud

The Fed Extends Operation Twist – Read the FOMC Statement

The Fed announced today that it was extending its Operation Twist. So what’s next and what should investors be doing now?

November 28, 2011 Category: The Federal Reserve Fraud

Secret Federal Reserve Loans to Wall Street Banks Nets $13 Billion in Profits

Wall Street Banks Earned Billions In Profits Off $7.7 Trillion In Secret Fed Loans Made During The Financial Crisis

October 5, 2011 Category: The Federal Reserve Fraud

Bernanke Admits the Bogus “Economic Recovery” is Faltering

Who didn’t see this coming? The bogus “economic recovery” that the current administration, the U.S. Treasury, and the Federal Reserve have been touting for the last 18 months is now, according to Fed Chief, Ben Bernanke, “close to faltering.”

August 7, 2011 Category: The Federal Reserve Fraud

Greenspan: No U.S. Default Because ‘We Can Always Print Money’

Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the chance of a US default following S&P’s decision to downgrade America’s credit rating because the U.S. “can always print money.”

KEEP READING

July 13, 2011 Category: The Federal Reserve Fraud

Get Ready: QE3 Is On The Way, Gold & Silver Prices Soar

Editor’s Note: As FTMDaily predicted several months ago, the Federal Reserve has just announced today that it plans to launch a new round of stimulus. We have mentioned that the Fed would make the public beg for this, as stocks tumbled and the economic conditions worsened. However, it doesn’t seem like the Fed is shy about their plans anymore. The announcement is even earlier in the year than we expected. However, the announcement is not a shock to all of us here at FTMDaily. Expect more to come as the Fed lays out its plans to “boost” the economy. More about QE3 and gold-silver pricing…

June 23, 2011 Category: The Federal Reserve Fraud

The Fed ‘Doesn’t Have a Clue’… Really?

We believe that the Fed is ultimately planning to print more money in the form of another round of quantitative easing. However, the Fed wants the population to feel like they desperately need it. Therefore, as a prerequisite to “QE3”, stocks must be decreasing and retirement accounts must be plunging. If the majority of America’s 401(k)’s are going down in value, then the Fed would be applauded for its money printing. If the financial markets are healthy, then the Fed would be demonized for its massive influx of new cash into the system and subsequently blamed for inflation.

June 13, 2011 Category: The Federal Reserve Fraud

New Evidence Reveals the Real Goal of QE2

“None of the cash ever made it to U.S. banks…”

June 8, 2011 Category: The Federal Reserve Fraud

End of QE2? Lack of Buyers May Force Treasury to Boost Rates

Editor’s Note: If you have been listening to our weekly radio show, hosted by Jerry Robinson, you know that Jerry expected headlines like this one to precede the end of the QE2. No amount of interest rate hikes will solve our crisis now. In fact, an increase in interest rates with housing and the financial markets in their current precarious state would act as a wrecking ball to the economy. We continue to expect the mainstream media to push the Fed’s story of the end of QE2 and imminent interest rate hikes in order to drive the markets downward. Once the markets dip enough, Americans will be ready for another round of quantitative easing from the Fed. And then the real fun begins…

April 17, 2011 Category: The Federal Reserve Fraud

Jerry Robinson Interviewed About U.S. Economy on Iranian State TV

FTMDaily.com Founder, Jerry Robinson, was recently interviewed about the state of the U.S. economy on Iranian State Television (presstv.ir).

April 4, 2011 Category: The Federal Reserve Fraud

Federal Reserve Loans Billions to Prop Up Foreign Banks

Recent revelations show that the Federal Reserve’s “discount lending window” had become an ATM for foreign banks with billions in loans handed out to them.

March 7, 2011 Category: The Federal Reserve Fraud

13 States Say Dump the Dollar, Bring On the Gold!

Since 1971, American money has been valuable only because people perceive it to be valuable since the American government officially backs it. Prior to that, American money had a kind of intrinsic value as well – it was backed by gold held in Fort Knox and at the Federal Reserve. Some states however have decided that it’s high time that things changed back to the way they were. They’re looking to take their citizenry back to the gold standard.

March 2, 2011 Category: The Federal Reserve Fraud

Why the Dollar’s Reign Is Near an End – WSJ

For decades the dollar has served as the world’s main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here’s why—and what it will mean for international markets and companies.

November 3, 2010 Category: The Federal Reserve Fraud

Federal Reserve Announces Massive New Money Printing Campaign: Read The Fed Statement Here

“Information received since the Federal Open Market Committee met in September confirms that the pace of recovery in output and employment continues to be slow. Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.

August 25, 2010 Category: The Federal Reserve Fraud

Getting Ready For A Dollar Collapse? (Wall Street Journal)

Could the Federal Reserve’s decision to restart its quantitative easing program trigger a dollar collapse?

August 20, 2010 Category: The Federal Reserve Fraud

Economic Recovery or Financial Armageddon? – LISTEN NOW!

Follow the Money Weekly radio host Jerry Robinson talks with popular author and financial commentator, Michael J. Panzner regarding the most pressing economic issues. The interview includes Panzner’s outlook on inflation in the U.S., as well as his opinion about precious metals and agriculture.

August 1, 2010 Category: The Federal Reserve Fraud

Jerry Robinson Interviews Economist and Author, F. William Engdahl

Listen as Jerry Robinson talks with F. William Engdahl about his ground-breaking new book, Gods of Money: Wall Street and the Death of the American Century. You may be surprised by Mr. Engdahl’s take on the recent Euro crisis.

Category: The Federal Reserve Fraud

Jerry Robinson Interviews Economist and Author, F. William Engdahl

Listen as Jerry Robinson talks with F. William Engdahl about his ground-breaking new book, Gods of Money: Wall Street and the Death of the American Century.

July 16, 2010 Category: The Federal Reserve Fraud

Inflating War: Central banking and militarism are intimately linked

“One can say without exaggeration that inflation is an indispensable means of militarism,” Ludwig von Mises wrote. “Without it, the repercussions of war on welfare become obvious much more quickly and penetratingly; war weariness would set in much earlier.”

Category: The Federal Reserve Fraud

New Financial Regulation Passes, Gives Fed More Power

After fending off most challenges to its independence and winning new powers to oversee big financial firms, the Federal Reserve has emerged from a bruising debate on the overhaul of U.S. financial rules as perhaps the pre-eminent regulator in the sector. But that could only bring it added blame if things go wrong again.

July 13, 2010 Category: The Federal Reserve Fraud

The 50 most unbelievable facts about the U.S. economy

As we close on another week replete with ugly economic data and the usual bizarro counterintuitive market, here is a summary of the 50 most underreported facts about the state of the US economy, courtesy of the Coto report.

July 11, 2010 Category: The Federal Reserve Fraud

BIS gold swap – best news to hit gold in 30 years

In its 2010 annual report, the Bank of International Settlements said that “gold, which the bank held in connection with gold swap operations, under which the bank exchanges currencies for physical gold,” stands at 8,160.1 million in special drawing rights, equivalent to 346 tonnes this year, up from nil in 2009.”   Apparently this amount has now climbed to 382 tonnes since the report was issued.

July 8, 2010 Category: The Federal Reserve Fraud

U.S. marks 3rd-largest, single-day debt increase

The National Debt Clock is shown Monday, Feb. 1, 2010 in New York. President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs. The deficit for this year would surge to a record-breaking $1.56 trillion. The Debt Clock is a privately funded estimate of the national debt. (AP Photo/Mark Lennihan)

Category: The Federal Reserve Fraud

Ben Bernanke Has Created Half of All the US Dollars in Existence – in Four Years!

“The U.S. turned 234 years old yesterday, and yet over half of the nation’s money supply was created since Helicopter Ben took over the flight controls four years ago. No wonder gold is in a full fledged bull market . . .”

Category: The Federal Reserve Fraud

Federal Reserve Surprise! "We may have to print more money" to spur "recovery"

Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth. With Congress tied in political knots over whether to take further action to boost the economy, Fed leaders are weighing modest steps that could offer more support for economic activity at a time when their target for short-term interest rates is already near zero.

July 5, 2010 Category: The Federal Reserve Fraud

Phony Financial Reform

The huge overhaul bill ignores most big problems and dodges the rest. There is something in the financial-services bill for almost every interest, but the real winners are the cynics who think Congress can’t do anything right. The monster that crawled out of the conference committee on June 25 has about 2,300 pages, and one hostile Republican congressman said it probably has three unintended consequences per page.

June 30, 2010 Category: The Federal Reserve Fraud

UN report: Abandon the U.S. dollar

A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.
“The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency,” the U.N. World Economic and Social Survey 2010 said.

June 29, 2010 Category: The Federal Reserve Fraud

Secretive and Powerful BIS Annual Report Released

The very fabric and the seams of the financial system are coming apart. Who knows what the timetable is for the implosion of the current monetary system? We are witnessing the greatest wealth transfer in history, and the horrors of the aftermath of this tragedy will not be forgotten for decades.

June 28, 2010 Category: The Federal Reserve Fraud

Top Global Bank tells clients to prepare for ‘monster’ money-printing by the Federal Reserve

Entitled “Deflation: Making Sure It Doesn’t Happen Here”, it is a warfare manual for defeating economic slumps by use of extreme monetary stimulus once interest rates have dropped to zero, and implicitly once governments have spent themselves to near bankruptcy.

June 23, 2010 Category: The Federal Reserve Fraud

Merrill Lynch: "Gold Will Hit $1,400/oz by 2012"

Merrill Lynch metals analysts maintain gold will hit a US$1,500 per ounce target by the end of next year as investor demand pushes gold prices higher.
In research published Monday, analysts Michael Widmer, Francisco Blanch, and Alex Tonks are predicting average gold price forecasts of US$1,200/oz this year, $1,350/oz in 2011, and $1,400/oz in 2012, up from $1110/oz, $1179/oz and $1109/oz. respectively.

June 22, 2010 Category: The Federal Reserve Fraud

Bank failure is 83rd in ’10; pace more than double last year’s

The 83 closures so far this year is more than double the pace set in all of 2009, which was itself a brisk year for shutdowns. By this time last year, regulators had closed 40 banks. The pace has accelerated as banks’ losses mount on loans made for commercial property and development.

June 21, 2010 Category: The Federal Reserve Fraud

Another Record High for Gold: $1265/oz

Gold rose to a record in London and New York as other commodities gained on speculation demand for raw materials will increase and as investors bought the metal to protect wealth from Europe’s financial turbulence.

June 18, 2010 Category: The Federal Reserve Fraud

Central banks join gold rush

Foreign banks and investors alike have been flocking to the precious metal over the last year, sending it soaring to record highs.

June 16, 2010 Category: The Federal Reserve Fraud

Russia to Buy Canadian, Aussie Dollars for First Time

Russia may add the Australian and Canadian dollars to its international reserves for the first time after fluctuations in the U.S. dollar and euro.

June 11, 2010 Category: The Federal Reserve Fraud

As Gold Hits Record, Central Banks in Focus

Gold’s surge to a record sparked speculation that central banks may be stepping up purchases of the precious metal. Tuesday, gold contracts for June delivery rose $4.70, or 0.4%, to $1,244 a troy ounce, a record settlement price on the Comex division of the New York Mercantile Exchange.

June 8, 2010 Category: The Federal Reserve Fraud

U.S debt to rise to $19.6 trillion by 2015

The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.

June 7, 2010 Category: The Federal Reserve Fraud

Top Central Banks Not Planning Shift Out of Euro

Some of the world’s richest central banks will not stop investing in the euro, supporting its reserve status, despite the sovereign debt crisis hammering the euro zone’s currency, government sources said.

June 3, 2010 Category: The Federal Reserve Fraud

U.S. National Debt Tops $13 Trillion Mark

The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.

Category: The Federal Reserve Fraud

Fed’s Hoenig lays out plan to hike interest rates

Thomas Hoenig, the president of the Kansas City Federal Reserve bank, laid out on Thursday his proposed plan to take short-term interest rates from near-zero to 4.5%. In a speech in Bartlesville, Okla., Hoenig said the country pays a high cost for low interest rates, suggesting that the financial crisis stemmed from the very low interest rates of 2002-2005.