It’s D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained – What Happens Next?

Last week’s apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of overnight rates by the Fed would spark nothing short of QE4, sparked an unprecedented panic at the Federal Reserve, which just two days later unveiled a historic liquidity injection, in which the…

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Doug Casey On The Destruction Of The Dollar

“Inflation” occurs when the creation of currency outruns the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it causes price increases. Inflation is not caused by the butcher, the baker, or the automaker, although they usually get blamed. On the contrary, by producing real wealth, they fight the effects…

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JPMorgan Shames Jeff Gundlach As The King Of The Armageddonists

They’re starting to go after each other… As bearish-biased analysts, strategists, and investors throw in the towel amid the market’s incessant FOMO-driven melt-up in the face of record global policy uncertainty, declining earnings, and a global economy showing anything but ‘troughing’; it seems JPMorgan’s Asset Management group has decided now is the time to name names and call out…

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Chinese Bank On Verge Of Collapse After Sudden Bank Run

Coming to America SOON, when dealing with a collapsing Ponzi scheme, only those who pull their money first stand to recover anything …. First, it was Baoshang Bank, then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a…

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