If you like a chart or two, here’s a few interesting ones showing foreigners have been reducing their holdings of US Treasuries. Could this be the start of the inevitable loss of faith in government debt? We shall have to wait and see… By Bud Conrad, Chief Economist, Casey Research Foreign central banks buy US Treasury and Agency debt through...
Chicago Fed head Evans: Fed still needs to do more
It’s been a week of action and we’ve got lots of articles this week to try to keep up with it all. Bubbly Ben managed to say just enough last Friday to keep everyone hoping there is more stimulus to come by mentioning they have a 2 day meeting in September instead of the usual 1 day. But if they don’t offer up more then it could be that...
Even before Bernanke’s speech – Has the Fed started QE?
Overnight Friday (NZ time) Ben Bernanke’s speech in Jackson didn’t give away too much. He did mention further stimulus remains on the table and that the Fed has booked in 2 days for it’s next meeting in September instead of the usual 1, which could indicate a plan is afoot. This seems to have been enough to keep the markets from diving for...
The Economic Crisis, Part II: Video Interview with Bud Conrad
Here is the 2nd part of a video interview with Bud Conrad – Chief Economist of Casey Research (Here’s the first part: The Economic Crisis, Part 1: Video interview with Bud Conrad). In this video Bud discusses: The purposeful obfuscation of the US Federal Reserve structure. Precious metals Energy and in particular natural...
GOLD AND SILVER STORM THE FED
All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation. John Adams (1735-1826), American President America’s founding fathers would not be surprised at the dire state of...




