Silver as an investment

Category Archives: Bank of New York

Key Events In The Coming Week: Jobs, Brexit, PMI, IP And More

The first full week of December is shaping up as rather busy, with such Tier 1 data in the US as the payrolls report, durable goods orders and trade balance. We also get UK PMI data and GDP, retail sales across the Euro Area, as well as central bank meetings including Australia RBA and BoC […]

US Household Debt Is Rising 60% Faster Than Wages, And One Rating Agency Is Worried

In a report released today by DBRS titled “Consumer debt and debt burden”, the rating agency which is best known for keep Italian debt eligible for ECB monetization at the peak of the European banking crisis, looks at the latest Quarterly Report on Household Debt and Credit issued by the NY Fed (discussed here previously) […]

On The West’s Demise To The Sidelines Of History…

Authored by Seth Lievense via Limpidus.org, The world is changing, but the west is clinging on to a unipolar vision of the world that has passed. It’s attempts to discard this changing reality in exchange for a western worldview expressed in their politics and media are so ungrounded, it’s comical as it is dangerous. This […]

Is Bridgewater A Fraud? Here Are The Troubling Questions Posed By Jim Grant

Jim Grant, author of Grant’s Interest Rate Observer, first hinted last week that not all is well when it comes to the world’s biggest hedge fund, Ray Dalio’s $160 billion Bridgewater (of which one half is the world’s biggest risk-parity juggernaut). Speaking to Bloomberg last week, Grant said he was “bearish” on Bridgewater because founder […]

Fire Breaks Out On The Roof Of The New York Fed

Dozens of firefighters are fighting a blaze which broke out on the top of the Federal Reserve Bank of New York, NBC New York reports. The fire broke out sometime before 8:40 p.m. on the roof of the 14-story building at 33 Liberty St. in Lower Manhattan, the location of the world’s biggest gold vault […]

Weird Things Are Happening With Gold

Authored by James Rickards Last week featured two unusual stories on gold – one strange and the other truly weird. These stories explain why gold is not just money but is the most politicized form of money. They show that while politicians publicly disparage gold, they quietly pay close attention to it. The first strange […]

Retired Green Beret Warns: “There Could Be A Nuclear Strike Against The US Coming Soon”

Authored by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com, For approximately the past five years, the Mainstream Media (MSM) and the Obama-administration supported research “think-tanks” for monitoring the North Korean situation have had a field day.  They consistently (along with the brain-dead public’s […]

How The Fed Helps The US Spy On Foreign Governments

It's widely known that the Federal Reserve has been tasked by Congress with a "dual mandate" to maintain stable consumer-goods prices, low unemployment and – oh yes – buoyant equity prices. However, as Reuters revealed on Monday, the central bank has another legally binding obligation that might upset some of its clients: Helping the US […]

Clarity Or Confusion At The Fed

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com, “Are you kidding? Are you kidding? No one knows what you’re doing.”    – Economist John Taylor in response to William Dudley’s (President Federal Reserve Bank of New York, Vice Chairman of the Federal Open Market Committee) comment that the Federal Reserve (Fed) has been very clear in […]

Relax, There Is No Housing Bubble

Visit Full Archives At The Entry Points   Three heavy hitters in real estate – Darius Bozorgi, Veros CEO, Mike Fratantoni, Mortgage Bankers Association chief economist, and Douglas Duncan, Fannie Mae chief economist – all agree, “There is no housing bubble“. These real estate experts are all in agreement, and they believe the relentless house price […]