- Given the economic outlook, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent
- Committee Expects Gradual Increase in Interest Rates
- Gold and silver react
Full FOMC Statement is below:
The USFed is so strapped, so deeply under siege, so overwhelmed, that it requires urgent help from the USDept Treasury.
So they have expanded QE to become Double Barreled Hidden QE to Infinity.
The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $400 per ounce. In reaching these levels, the ratio will return to the 25-1 range. Several steps have been laid out toward the return of proper price to precious metals.
The steps will each involve a quantum jump in the Gold & Silver prices. The process will take a few years, but might be breath-taking in speed once the process is begun.
The steps involve:
The Fed is nearing the End of the Monetary Road.
None of this has been tried before and, to me, that just demonstrates the dangers. Once you get into a situation like the central banks did in ’08 with this panicking — everyone calls it the Hotel California — you can’t get out.
With Gold and Silver Smashed Again This Week, Harvey Organ Joined the Show to Break Down All the
Action Manipulation, Discussing:
Impeachment is a small step towards the replacement of the malefic hell that the central bankers inflict as they squeeze America to the “consequences of defaulting on a desperate bargain”.
Unless a modern day Lindbergh emerges to carry on the fight, the next generation will be even more ignorant of the forbidden history that put into motion the demise of our country. Today impeachment is a threat that was fine to use against Richard Nixon but was wrong to try William Clinton. For once a true bi-partisan agreement can be forged to use impeachment against the true and real enemy, the Federal Reserve.
Want to know how to short The Fed?
“Eventually the foreign exchange markets are going to get wise to this con. They’re going to figure this game out, and they’re going to realize that the Fed is never going to deliver on this promise [of a rate hike], that rates aren’t going to go up, that the balance sheet is never going to shrink, that it’s going to grow in perpetuity. And then there is going to be a currency crisis…”
Peter Schiff’s EPIC Rant on CNBC is Below:
“Everything is vulnerable, so we’re living in very dangerous times,” Ron Paul warned about the current economic outlook.
During this 30+ minute interview, Jason asks G Edward Griffin about when things really started to go badly in the US and if 1913 marked a key historical point?
Griffin says the US Constitution was flawed and yet the US prospered for many, many years until collectivism started to massively accelerate during the Woodrow Wilson era.
Jason then asks Griffin about Keynesian Economics and if deflation will be allowed for a long period of time?
Griffin says there’s a big, important ideological battle going on now between collectivism and those who oppose it.
Full FOMC Statement below:
The pre-Fed period of the American Economy is pretty stable. Two spikes occur due to wars that we know disrupted the economy—and they’re pretty small, considering.
Interest declines to a lower level when the government was paying down its war debt. Things remain stable until the creation of the Fed.
After that, we get a rise, a protracted fall, an incredible and truly massive rise, and an endless freefall.
Just who, exactly owns the private corporation known as the Federal Reserve???
The 2008 crisis saw the Fed use some of its tools, but not all of them.
The Fed’s most powerful tools, gold revaluation and money printing, were never employed in that crisis.
QE4, if used to fund government infrastructure spending, can be inflationary, but if the next crisis is severe, only gold revaluation will work to end it.
Full FOMC statement is below:
Our favorite Fed-basher, Jim Grant was back on CNBC’s Squawk Box for another brilliant interview discussing the fall-out from the Fed’s disastrous economic policies.
“If companies can’t fail that means somebody else can’t start. You’re looking at a petrified forest rather than dynamic capitalism,”
Behold “The fruit of heavy-handed government manipulation & price control… no matter what ‘famous-blogger’ Ben Bernanke says“
Grant’s leaves the CNBC shills nearly speachless once again:
The more blatant the Fed becomes with its market interventions, the stronger the stench of desperation becomes…
The Fed-induced money-printing has spawned the biggest stock market bubble in history. The is not going to end well – for anyone. I asserted back in 2003 that I hoped Alan Greenspan lived long enough to see his name live in ignominy. But he’s been given a chance to cover up his crimes.
It looks to me like Grandma Yellen – that witless idiot who looks like she’d be more comfortable with a set of knitting needles in her lap than fielding softball questions from a captive media – will be the one of who bears the burden of wearing the collapse the is coming.