Total Debt And Leveraged Loans To The Rescue

By Arkadiusz Sieroń – Re-Blogged From Gold Eagle

The Fed has just published the newest edition of its Financial Stability Report. It covers what the most powerful central bank in the world perceives as risks to the financial system stability. Is it time for the gold bulls to uncork champagne?

Financial Sectors Appears Resilient, But…

The Fed’s assessment of the financial vulnerabilities in the latest Financial Stability Report has little changed since November 2018 when the report was inaugurated. The financial sector appears resilient, with low leverage and limited funding risk. It seems that gold will have to wait longer for a crisis that could push its prices out of the comfort zone.

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Show Me The Real Money

By GE Christenson – Re-Blogged From Gold Eagle

I’ll show you real money. It looks like this:

Those circulating dollar bills, euros, pounds, and yen are DEBTS (notes) issued by central banks to extract wealth from citizens and the economy, dilute the purchasing power of the currency, and nourish the banking cartel.

From Graham Summers:

“The problem of course is once it has done this [created the ‘everything bubble’], the Fed will NEVER be able to normalize interest rates because the entire financial system is now addicted to extraordinarily low rates.”

“… a Fed President stated point blank that the Fed is aware that the entire US financial system is one gigantic leveraged bet on low interest rates…and as a result of this, the Fed is DONE with normalization.”

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