US Federal Reserve

Guest Post - Path to the Great Reset

By Joe Withrow

Author of 'The Individual is Rising'

The financial, political and economic powers wish you and I to remain confused about what constitutes money because this promotes apathy and the desire to let the 'experts' remain in control. And while the subject can be complex, it can also be summarized rather elegantly when the author wishes to clarify rather than confuse. We welcome Joe back for another lesson in simplification.

Cognitive Dissonance

"This economy would have to improve dramatically to get to mediocre," warns Schiff, otherwise, as Santelli rages they would be hiking rates and talking confidently, adding that either Fed-watchers are "going along with it to earn a paycheck"  - just as they did in 2008 - or "they are ignorant."

Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),

No Return to Normal

Overall, world stocks have held up well, despite cascading evidence of impending doom.

Submitted by Mish of

Goldman Sach’s Dubious Advice “Short Gold!”

Those betting against Goldman Sach’s retail investment advice have generally been on the right side of things.

The same thing is about to happen again.

“Short gold! Sell gold!” said Goldman’s head commodity trader, Jeff Currie, during a CNBC “Power Lunch” interview.

Currie’s advice was in response to the question “Is there any commodity you are recommending that can help our viewers make some money?”

In a week overflowing with Fed speakers, moments ago NY Fed's Bill Dudley - who recently flipped from hawkish to dovish once again - took the podium in Bridgeport Connecticut to lay out his latest thoughts.  Here is a summary of what he said in a speech titled "The National and Local Economic Outlook: An Update", courtesy of Bloomberg