DailyMarkets.com - R. Wenzel Further Exposes The Federal Reserve

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• R. Wenzel Further Exposes The Federal Reserve
• Oil Sold, Gold Finds Support As Euro Crisis Fears Return In Force
• Draghi’s “growth Pact” = Internal Devaluation

R. Wenzel Further Exposes The Federal Reserve Posted: 07 May 2012 02:49 AM PDT "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." — Thomas Jefferson, U.S. President. A week or so ago thanks to a regular reader, I highlighted an amazing speech given inside the New York Federal Reserve by Robert … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Sold, Gold Finds Support As Euro Crisis Fears Return In Force Posted: 07 May 2012 02:01 AM PDT Talking Points Crude Oil, Copper Follow Stocks Lower on Greek, French Election Results Gold and Silver Find Support on Euro-Crisis Contagion Fears Intensify Commodities are under pressure in European hours trade as markets respond to over-the-weekend news that Socialist candidate Francois Hollande beat incumbent Nicolas Sarkozy to become the next President of France. Traders are worried that the anti-austerity Hollande will unravel Eurozone debt crisis relief efforts, which like most EU … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Draghi’s “growth Pact” = Internal Devaluation Posted: 06 May 2012 12:20 AM PDT As we await the results of the French and Greek elections, there has been a considerable change of focus in the eurozone from the paradigm of all-austerity-all-the-time to growth strategies. The villians, according to those who push back at the “fiscal compact”, is Angela Merkel and, to a lesser extent, Mario Draghi. What I don’t get is that many analysts have failed to understand (see the post by Yves Smith as one example out of many) is that Draghi has said repeatedly said that the long-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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