These Are The Banks Where The Fed’s $1.4 Trillion In Reserves Are Parked, Big Trouble-Birth Pains
Over the past few days there has been much confusion over the repocalpyse that shook the overnight funding market, and just as much confusion over the definition of reserves which some banks were unwilling to part with, other banks were desperate for,…
‘Rogue’ Oil Trader Lost $320 Million On Wrong-Way Derivatives Bets
“Don’t let anyone deceive you in any way, for that day will not come until the rebellion occurs and the man of lawlessness is revealed, the man doomed to destruction. He will oppose and will exalt himself over everything that…
Federal Reserve Chair Jerome Powell Insists There Won’t Be A Recession When All The Evidence Suggests Otherwise
It’s happening again. Just like last time around, the head of the Federal Reserve is telling us that there won’t be a recession even though all of the evidence suggests otherwise. Just before the recession of 2008, Federal Reserve Chair…
Blain: “Central Banks Are No Longer A Solution – They Have Become The Risk”
“A faithful man will be richly blessed, but one eager to get rich will not go unpunished.” This speaks against the “get-rich-quick” mentality. Looking at investment as a long-term plan for the future is good planning, but trying to make…
Peter Schiff: Gold Is Not Going To Stop This Time
“I know what it is to be in need, and I know what it is to have plenty. I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty…
11 Reasons Why So Many Experts Believe That A US Economic Crisis Is Imminent
With all of that said, let me make it clear, I believe the Bible gives us the freedom to spend reasonable amounts of money on entertainment/fun. If all other financial responsibilities are being fully and properly managed, there is nothing…
Markets Are Subject to a Giant Con Game, the Game of Confidence
If the Christian wants to know God’s will, he turns to the Bible. If the Christian wants to discern right from wrong, he turns to the Bible…. Heading into a global recession first and then a US recession to follow….
US Futures Surge, Global Markets Rise Amid Lull In Bad News
Second Corinthians 9:6 says, “Remember this: whoever sows sparingly will reap sparingly, and whoever sows generously will reap generously.” The context is actually speaking about investing in our relationship with God, but it demonstrates how one must often sacrifice now to…
Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow
To be lawless is to be contrary to the law or to act without regard to the law. Laws are necessary in a sinful world (1 Timothy 1:9), and those who choose to act lawlessly further sin in the world….
Trump Slams Fed After Market Meltdown: “As Usual, Powell Let Us Down”
Scripture shows us that physical evils—sickness, famine, war, and death—are the result of moral evil. And moral evil is something human beings are all responsible for, on a personal and a communal level. We suffer because of our own sins…