Interest rates have been hammered down close to zero. Sovereign debt has been issued in enormous quantities to support deficits and fellow central banks. We are close to the point where the Treasury auction charade is no longer believable by anyone. Only outright, raw monetization remains.
The U.S. stock market indexes have been juiced up to record highs. The Fed has publicly stated that they were promoting the so-called “wealth effect”. We now have to consider that it was a ruse to deflect from the real objective. The goal was not to get individuals back into stocks. The real targets were the institutions and the massive amount of money they control.
Read the complete article at King World News here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.