Dying petrodollar could spell disaster for the Fed as they try to dissolve their balance sheet

When Janet Yellen spoke at the last FOMC meeting, she reiterated the central bank’s desire to begin drawing down their balance sheet after close to 8 years of stimulus and bond buying.  However, those who pay attention more to actions than from words understand that until the Fed actually begins to start selling their bond holdings, talk from the central bank is little more than the same rhetoric they used when promising a rate hike back in October of 2013, and then never instituting one until two years later.

Yet for just this instance let us take Yellen’s words as truth this time, and expect that the Fed will begin drawing down their balance sheet slowly sometime by the end of the year.  And this leads us to ask the unspoken question of…

Who will buy these bonds?

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Saudi – Qatar ultimatums eerily similar to ones that led to the start of WWI 100 years ago

Perhaps there is even more to this equation than the old tired saw of Sunni vs. Shiite hatred.  Throughout the past 40 years for what reason does Washington get involved in Middle Eastern affairs… so much so that they strongly intervene with military firepower?

That’s right… the petrodollar.  And whether it was Saddam Hussein in Iraq, Muammar Gaddafi in Libya, or sanctions against Iran for a decade, anytime a Middle Eastern nation even whispered about moving away from the oil currency then they became prime targets for instant annihilation.

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Crazy IMF has audacity to warn debt free Russia to diversify economy while Europe and U.S. moves towards recession

It is ironic when one of the West’s failed monetary structures chooses to give monetary or economic advice to sovereign country, but even more so when they decide to do it to a nation that is both prospering and dominating its region. But that is exactly what the IMF did on May 19 when the IMF returned from a recent visit to Moscow.

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With China’s Belt and Road conference, few noticed the AIIB added another 7 nations to its coalition

The Belt and Road Forum had both Russia’s President Vladimir Putin meeting with China’s President Xi Jinping on the progress of the Silk Road project, and on other programs the two leaders of the BRICS coalition have underway. And while the U.S. chose to send only a token representative to this historic conference, an interesting thing occurred outside of the Forum that signals the continuing global movement away from U.S. hegemony.

And that event was the acceptance of seven more countries into the Asian Infrastructure and Investment Bank (AIIB), which brings the total now to 77 nations signed up for China’s version of the IMF.

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French Rope-a-dope: Macron’s agenda shows he may actually be a puppet of the Rothschilds rather than the assumed tool of Germany

During the final debate between Marine Le Pen and Emmanuel Macron leading up to the runoff election, Le Pen made an interesting observation that may end up being one of the best political rebuttals in all of 2017. And her response to the moderators was that no matter who wins, France would be ruled by a woman… either her, or Angela Merkel.

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As retail investors capitulate after eight years of avoiding equities, insiders cheer as they now have useful idiots to dump their shares on

Fool me once, shame on you. Fool me twice, shame on me. This of course is a famous axiom that has acted as a reminder to people to always be aware when someone seeks to get you to perform an action that deep inside you know isn’t good for you.

And for eight years following the stock market crash of 2008-09, this has worked well for the retail investor who was fooled the first time in 2000 when the Dot Com bubble burst, and then a second time when they let down their guard to be a part of a stock market that grew from the artificially spun housing bubble.

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Trump’s 100 days ends with consumers tapped out, and lowest GDP print in three years

On Friday April 28, the BEA announced the GDP numbers for the first quarter of 2017 and they came in at a whopping .7% which is the lowest quarterly print since the first quarter of 2014. And at the heart of this massive decline in growth is the disparaging news that consumer spending is not only cratering at a rapid pace, but for most Americans they are completely tapped out.

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