Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over” | Zero Hedge

KW: So here you have it Gold folks, when everything else has turned to custard gold is the commodity central banks will turn to to restart the finacial system, or so the Dutch Central Bank states “Gold is … the trust anchor for the financial system. If the entire system collapses, the gold stock provides…

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Ultra-low interest rates may lead to a ‘debt trap’

KW: Colin Twiggs is director of The Patient Investor Pty Ltd, an Authorised Representative (no. 1256439) of MoneySherpa Pty Limited which holds Australian Financial Services Licence No. 451289. Ultra-low interest rates may lead to a ‘debt trap’ The highly-regarded Stephen Bartholomeusz warns that central bank policies may lead to a ‘debt trap’: “….With the world apparently re-starting the use…

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September Class 8 Heavy Duty Truck Orders Collapse 71% | Zero Hedge

KW: The early barometer measures of just how sick or bouyant as economy is are given by looking at the transport sector. If goods aren’t being moved from one place to another its not good whereas an expanding and bouyant economy has increaing demand for manufactured goods. The heavy truck sector is an early indicator…

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Russia backs global use of its alternative SWIFT system – Reuters

KW:  Not unexpectantly there is a mounting backlash about the U.S. using the SWIFT bank clearing system and the U.S $ as  weapons to achieve its own geo-political aims. Russia has had enough of this and (long ago should have) has developed its own clearing system. U.S commentators now fear the worst for the long…

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Interest Rate Derivatives Trading Explodes to $6.5 Trillion/Day : Time Bomb Ticking| Wolf Street

KW: The time bomb that should it explode will destroy major institutions over night. The volume of over-the-counter (OTC) interest rate derivatives has increased dramatically. The total amount that trades in global markets has soared 141% in three years, according to the Bank for International Settlements’ (BIS) latest Triennial Survey of Global Derivatives Markets. And since…

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The Financial Crisis you never heard anything about, another Wall Street Bailout.- The Daily Reckoning – Part 2

KW: Anatomy of a Crisis, Part II The Fed’s one-day rescue of the “repo” market turns into weeks… “If you cannot get your most fundamental interest rate to cooperate with you when you try to lower it and it shoots to the moon instead, then your targets become empty words”… Has one or more financial…

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The Financial Crisis you never heard anything about, another Wall Street Bailout.- The Daily Reckoning

KW: Copied text from The Daily Reckoning Anatomy of a Crisis, Part I How can there be so little liquidity… with so much liquidity?… Borrowing rates spike to 10%, triggering panic at the Fed… The Fed moves in to bail out Wall Street speculators… We have consecrated these past several days to prayerful and monkish…

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Schiff: “The Fed’s Illusion That There Was An ‘Endgame’ Is About To Be Shattered” | Zero Hedge

KW: A very interesting 11min video included in this article, easy to listen to even if Peter Schiff is considered at the edge of financial commentary. He has been proven right more than wrong so listen up! Now more people are paying attention to what he is saying Source: Schiff: “The Fed’s Illusion That There…

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Credit Market Flashes Warning Signal

KW:  Doug Casey writes:  Last week, the Fed created over a quarter of a trillion dollars out of thin air and injected it into the repo market. It’s the first time the Fed has done something like this since the 2008 financial crisis. It could signal imminent problems in the financial system. Even worse, it could mean…

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Bonds, Stocks, & Bullion Battered As Powell Shrugs Off Liquidity Crisis | Zero Hedge

KW: Seemingly there is a crisis unreported here in NZ but one that is affecting everyone globally. Market risks are exploding as a liquidity crisis hits U.S. markets, one that the FED is ignoring as irrelevant it appears. FED Chair Jay Powel did cut interest rates by 0.25% however. One correspondent writes “So the Federal…

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