from Silver Report Uncut:
by Wayne Jett, Classical Capital:
This is the best opportunity anyone now living has had to witness really good changes favoring humanity. Even in America, as in other nations, many generations have lived entire lives under political and economic domination by hidden powers. Henry George famously described these hidden powers in 1880 as “a vast and dominant pecuniary interest … [that] in every country … writes laws and molds thought ….” At long last, a campaign led by President Donald Trump is near de-throning those hidden powers and recovering enormous wealth illicitly taken by them during their long reign over humanity.
by Pam Martens and Russ Martens, Wall St On Parade:
Since September 17 of this year, the central bank of the United States, the Federal Reserve, has been pumping hundreds of billions of dollars each week to unnamed trading firms on Wall Street. We know the loans are going to trading firms because the loans are being made to the 24 primary dealers (see list below) with whom the New York Fed conducts open market operations. (The list includes one foreign bank and 23 stock brokerage houses and investment banks.) The New York Fed has publicly disclosed that the loans are going to primary dealers but will not say which firms are getting the bulk of the money.
by Gary Christianson, Miles Franklin:
Breaking news: The DOW hit another all-time high at 28,004 on October 15.
From Sven Henrich: “The Day of Reckoning.”
“… once again giant inflows of artificial liquidity are dominating the price action in markets irrespective of what’s going on with earnings or growth.”
Debts: Currency and Digital Accounts:
Dollar bills: Dollars are Federal Reserve Notes—a debt of the Fed to you, the holder of the dollar bill. These currency units have no intrinsic value.
by Mac Slavo, SHTF Plan:
The economy is being gambled with. The Federal Reserve is likely going to cut interest rates this week, and the global economy is at stake.
Despite unemployment being at historic lows and the stock market being at historic highs, a highly unusual action is shaping up to be the biggest gamble of Fed Chair Jerome H. Powell’s brief tenure as leader of the world’s most powerful economic institution. The central bank will be putting the economy on the line to see what will happen when they cut interest rates.