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Platinoid
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The Yellen Dilemma & Kowtow

- Jim Willie CB - Hat Trick Letter

Aaaaaaahhhhhh.....Yellen managed to get on a roller-coaster........
as a passenger??? no power to alter the course???

Hmmmm......I was hoping she would be the ride operator......

We're all funny looking on that first big roller coaster dive.......yellen'...screamin'...

The Fed has an interesting strategy:

it increases liquidity with QE/Twist
and simultaneously printing to pay the banks, then,
it increases solvency by sequestering printed cash transferred to banks
on shrink wrapped pallets, stacked to the vault ceilings.

That is the solvency/liquidity see-saw

Someone will show up with a box-cutter one day.......cut that shrink wrap.

And the paper cash will flow like a fiat-paper tsunami......

I still prefer physical gold and silver....dollar cost averaging....

Folks, DCA, all the way, buy that metal.

Commented 3807 days ago

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Beginning of the headline :Janet Yellen appeared before the Senate Banking Committee on the approval process, more a production than a process. The veteran economist and banker was given respectful treatment. The good Senators do not wish to be subjected to smear campaigns (see Menendez of New Jersey) or to have their banker donations cut off, better described as relentless bribery toward policy control. After all, Wall Street firms wrote the Financial Regulatory Bill. She will be confirmed for the US Federal Reserve Chai... Read More

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