FED Independence Will Not Survive the FED Caused Recession

The Fed’s policies will have been the primary cause for the coming recession. The degree to which it will be held to account for its destructive meddling remain to be seen, but at least one analyst expects dire consequences.

With credit card delinquencies rising sharply at smaller banks, Societe Generale's uber-bearish strategist Albert Edwards has predicted that the U.S. economy is headed for recession.

"Markets are now sniffing out a rising stench," Edwards claimed in his latest research note, published Thursday.

Edwards said a flattening of the U.S. yield curve — where the difference between short-dated and longer-dated U.S. Treasury yields narrow — was revealing investor fears about the economic recovery, despite punchy data related to consumer and business optimism.

"The optimists have had their day. This data merely reflects the illusion of prosperity," Edwards argued.

Edwards cited data which showed that credit card charge-off rates at small U.S. banks had peaked to 7.9 percent. This is a level not seen since the end of the global financial crisis. Charge-off rates represent the level of debt that a creditor has decided it has no chance of collecting.

- Source, CNBC

Chris Martenson Breaks Down the Manic Gold and Stock Markets

Facebook’s latest information leak let loose more than 50 million user’s data and Erich Reimer says that it shows Facebook is unable to control its data. 

He sat down with Bart Chilton to discuss it all. Gold is up at all-time highs but is it signaling trade war? Chris Martenson breaks down gold and the stock markets.

- Source, Russia Today

Richard Duncan: What Will Float The Asset Boat When The Easy Money Tide Goes Out?

Today Guest Richard Duncan concerned that liquidity index will plummet. Trade War could lead us to severe recession. Can China’s massive borrowing save the world?

- Source, McAlvany Financial

Why Gold Is Immune To The Rising Interest Rates

Investors can expect gold to break out to $1,420 an ounce this year, said Bill Baruch, president of Blue Line Futures. 

Gold rallied this week despite the Fed announcing higher interest rates because investors were expecting the FOMC to adopt an even more hawkish stance, according to Baruch. 

Baruch told Kitco News that if gold can break out above the $1,351 an ounce resistance level, we may see further upside very rapidly. “I’m less worried about $1,400, I think we’ll see $1,420,” he said.

- Source, Kitco News

Dave Janda: Restoration of the Rule of Law Will Blow the Globalist System Apart

There is a new report by the Inspector General on the DOJ. It is 1.2 million pages (this is not a typo). Congress has copies, and it outlines and proves fraud and criminal activity at the FBI and Department of Justice. It will likely be the foundation that sends many in high office in both departments to jail for their crimes. 

Radio host Dave Janda says, “You have to understand what the Inspector General’s report is all about. The Inspector General’s report is about the restoration of the rule of law in our country that has been missing for decades. 

This is why they are so petrified of that report. All these players--low, middle and high--took over the system to the point where the rules of justice could be directed toward their opponents and be blinded to their criminal activity. What scares the living daylights out of this syndicate is the restoration of the rule of law.

When there is a full restoration of the rule of law, I believe this is what blows this system apart--this globalist syndicate system.”

- Source, USA Watchdog

John Rubino: The Bull Market Is OVER

The stock market has been in a bull market for nine years, the greatest bull run post-World War II. 

Rubino says the bull run may have ended. Rubino shares many indicators that show the nine year economic recovery ended in 2017. 

He sees the stock market falling, along with the junk bond market. The system will seize up, he says, and a recession will follow. Where should investors be positioned? 

He says precious metals historically perform well during economic crises. He says there are opportunities currently in the junior miners.

- Source, The Silver Doctors

Ron Paul: East Ghouta, Obama's Last Stand In Syria?

With the impending fall of East Ghouta to Syrian government forces, former President Obama's project of supporting jihadist rebels in hopes of overthrowing Assad seems to be near death. Will Trump be wise enough to finally change Obama's disastrous policy?

- Source, Ron Paul

Central Banks Are Raising Rates at Fastest Pace Since 2011...

Global central banks are delivering interest-rate increases at the fastest pace since 2011, according to Deutsche Bank AG.

With the Federal Reserve set to raise its benchmark on Wednesday for the first time in 2018, Craig Nicol, a London-based macro strategist for Deutsche Bank, told clients in a report that this year has already witnessed 1.75 rate hikes for every cut.

That’s quicker than the 1.25 ratio of last year and the 0.3 ratio of 2012 to 2016. Nicol studied the decision-making of 27 central banks since the 2008 collapse of Lehman Brothers Holdings Inc.

Developed market central banks are the most hawkish. They have raised rates three times this year and on nine occasions in 2017 without cutting once. From 2012 to 2016 there were only three rate increases.

Deutsche Bank is among the banks that predicts the Fed will tighten monetary policy four times this year, rather than the three times Fed officials estimated in December.

- Source, Bloomberg

What Next Week’s Fed Meeting Will Mean for Gold

Gold could drop $5 to $6 an ounce upon the Fed’s announcement next week, then rebound quickly, said Peter Hug, Director of Global Trading at Kitco Metals. 

“I am not in the camp that the Fed is going to be aggressive this year, on a four-rate [hike], increased kind of tempo, I just think there’s too many headwinds out there that’s going to give the Fed pause,” Hug told Kitco News. 

Hug noted that during past rate hike cycles, gold has typically fallen into the announcement and then climbed back afterward.

- Source, Kitco News

The Deep State Lays The Ground Work For Their Next Big Event

Mueller's star witness has been caught in a major scandal. The big social media platforms are going after conspiracy theory channels and sites. London mayor tries to make the case on why it is necessary to control free speech.

The deep state makes its move, they are now in the process of connecting NK and Syria, the report is that NK is building a secret base underground in Syria. The 11.11 parade is now a go, Q has said that this parade will be something that no one has ever seen before.

- Source, X22 Report

Rob Kirby: The Missing $21 Trillion Was Used to Manipulate the Markets?

Rob Kirby from Kirby Analytics tells Silver Doctors the Exchange Stabilization Fund is most likely using a missing $21 trillion to manipulate the capital markets. 

Kirby reminds us $21 trillion is missing form the United States Department of Defense and Department of Housing and Urban Development. He believes the ESF is most likely using the money to manipulate the capital markets. 

He explains in detail how the ESF manipulates the markets to keep the U.S. dollar afloat. How long can this ESF manipulation go on for? 

America is being called out as we speak. Countries around the globe are banishing the U.S. dollar from their international trade.

- Source, SD Bullion

Daniel Nevins: Economics for Independent Thinkers

Economists are supposed to monitor and analyze the economy, warn us if risks are getting out of hand, and advise us on how to make things runs more effectively, right? 

Well, even though that's what most people expect from economists, it's not at all how they see their role, warns CFA and and behavioral economist Daniel Nevins. Economists, he cautions, are modelers. They pursue academic lines of thought in order to make their models more perfect. 

They live in a universe of equations and presumptions about equilibrium states and other chimerical mathematical perfections that don't exist in real life. In short, they are the wrong people to advise us, Nevins claims, as they have no clue how the imperfect world we live in actually works. 

In his book Economics For Independent Thinkers, he argues that we need a new, more accurate and useful way of studying the economy.

- Source, Peak Prosperity