Federal Reserve Policy continued

I have said that we have been witnessing the abandoning of the dollar as the world's reserve currency. Now there is confirmation.... keep reading

On January 22, the FED made it clear that it would lower the FedFunds target in order to save the banks and the stock market. Now what will happen?... keep reading

This is a much greater threat than the subprime mortgage crisis.... keep reading

What we saw yesterday was panic. The FED has never done what it did yesterday. This was capitulation. What was at stake?... keep reading

Like a dog returning to its vomit, the FED cut the FedFunds target rate by .75 percentage point. What does this mean?... keep reading

Down, down, down -- yet the experts reported by the media say, "No recession," "buy on the dips." Who will listen? The dips.... keep reading

There is enormous confusion about credit money and money. They are the same . . . except for currency.... keep reading

One of the nation's leading forecasters has described the FED's position as "checkmate." We do not see warnings like this very often.... keep reading

Two weeks ago, he said there were no signs of a recession. Now he is in academic panic mode. This sends a signal to investors: "The guy in charge is flying blind." This is an accurate message.... keep reading

Some people see gold as a commodity useful for making money. Others see it as a way to do something useful with money. Be sure you know your motives.... keep reading

The problem is inherent in all index numbers... keep reading

This even scares me.... keep reading

The subprime mortgage market gets the headlines. But there is another subprime market to consider.... keep reading

I keep this posted on the Retirement department page.... keep reading

This confirms my warning. Of course, one day does not a recession make. But there will be more days.... keep reading

I'll tell you what it tells me. It may not tell CNBC what it tells me.... keep reading