Silver as an investment

Category Archives: Joint Economic Committee

Watch Live: Janet Yellen Makes Final Appearance Before Congress

With only three weeks left until her final meeting as chairwoman of the FOMC, Fed Chairwoman Janet Yellen today will make what's expected to be her final appearance before Congress when she delivers testimony to the Joint Economic Committee. The Fed was already widely expected to raise interest rates next month, but in case there […]

Do Wars Help or HURT the Economy?

Does Defense Spending Stimulate the Economy and Create Jobs … Or Is It BAD for the Economy? Preface: Trump wants to drastically increase military spending.  At the same time, France, China, Japan and other countries are ramping up their military spending. An understanding of the effect on the economy is therefore timely. A number of […]

‘Anonymous’ Joins Hacker Crusade To Steal Millions From Global Central Banks

Roughly a year ago we wrote about perhaps the most notable bank heist in history in which a group of hackers used Swift, the interbank messaging system, to steal $81 million from the Central Bank of Bangladesh.  Here’s our recap:  For those who missed the story, you can review it in all its James Bond-ish […]

NEW UNCOVERED INFORMATION: Why Central Banks Were Forced To Rig The Gold Market

By the SRSrocco Report, According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market.  Not only was the dropping of the Gold-Dollar peg going to release a great deal of pressure on the manipulated gold price, […]

ZeroHedge: Economists DESTROY the Myth that War Is Good for the Economy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public to […]

ZeroHedge: Hilsenrath’s Take: March Rate Hike In Limbo, But “Fed Was Expecting A Slowdown”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Just days after Fed whisperer Goldman Sachs made its first (of many) revisions to its Fed rate hike schedule, and no longer expects a March rate hike (if still somehow seeing 3 rate hikes in 2016), moments ago Fed mouthpiece […]

Janet Yellen Explains To Congress How Devoted She Is To Americans’ Interests – Live Feed

Having yesterday explained how The Fed is "devoted" to Americans' interests and how "excited" she is to raise rates, Janet Yellen is set to face the Joint Economic Committee of Congress today… to explain to them how – in her mind – everything is awesome enough to hike rates, despite Chinese stocks crashing again, carnage […]

European Stocks, US Futures Surge On Last Minute Hopes Of “Extraordinary Policy Easing” By Mario Draghi

This is how DB’s Jim Reid previews today’s “extraordinary” announcement from the ECB: Let’s be honest. Even if you feel like you’ve navigated these treacherous financial markets well over the last decade, could you have really envisaged a day like today if you go back a few years? We stand on the brink of another […]

European Stocks Jump As Inflation Disappoints, US Futures Flat Ahead Of Yellen Speech

It is only logical that a day after the S&P500 surged, hitting Goldman’s 2016 target of 2,100 more than a year early because the US manufacturing sector entered into a recession, that Europe would follow and when Eurostat reported an hour ago that European headline inflation of 0.1% missed expectations of a modest 0.2% increase […]

And Scene: Ben Bernanke Says More People Should Have Gone To Jail For Causing The Great Recession

For those who may be unfamiliar – which would mean roughly 90% of the US population who believe the Federal Reserve is a national park – Ben Bernanke was Fed chairman from 2006 until 2014. He is better known as the Fed chairman who never launched a tightening cycle during his tenure. He is best […]