.... I want to address two much talked about topics, the dollar and oil. Both of these are the most misunderstood of all the current investing subjects out there that occupy financial print and talk space. Now, don’t get me wrong here. I don’t claim to be able to see every nook and cranny of these subjects. But, what I do see are the elements that repeat the oldest scams around.
.... the Fed is hardly impotent when it comes to defending the dollar if the dollar sellers get too aggressive. The Fed chairman said recently that the dollar would be defended, and he quickly added the words “if necessary.”
.... the Fed is hardly impotent when it comes to defending the dollar if the dollar sellers get too aggressive. The Fed chairman said recently that the dollar would be defended, and he quickly added the words “if necessary.”
The “if necessary” part tells currency speculators that the Fed sees the dollar well placed at the moment. So do I. And if the Fed needs to, believe me, they have the power to knock other currencies down and lift ours up. This gorilla has many years before its power is even approximately matched anywhere in the world. That is an undisputed fact in every financial circle. ....
No, this oil move is a careful plan to fleece the world of huge piles of money that will then be used to buy banks, insurance companies, food companies, almost any high grossing consumer goods company, regardless of its location in the world. Thus, when oil does fall from its throne, the income from these purchased businesses they own and control will replace the oil income. This fleecing is going on even as I write this article. Look in your local newspaper at the companies being bought. Where do you think the money is coming from? It is coming from “private investors” (who are their partners), banks (already partly-owned by oil powers) and other innocuously named private groups funded by the oil giants to disguise their oil-backed involvement. ....