Author: Paul-Martin Foss

With the spread of the COVID-19 coronavirus around the world, billions of people are taking steps to prevent themselves from succumbing to the virus. But their health isn’t the only thing at risk from COVID-19. Their investments are suffering as well. Stopping the spread of the virus has prompted governments around the world to stop […]

With the flurry of actions the Fed undertook over the past few weeks to supposedly “stabilize” financial markets, one very important action has flown under the radar. And it’s one that could have a very debilitating effect on US banks and the entire financial system. One of the elements of monetary policy that central banks […]

Many investors have undoubtedly heard of the Federal Reserve System, even if they may not know exactly how it operates. But fewer have heard of the Federal Open Market Committee (FOMC), which actually makes the monetary policy decisions that the Fed carries out. The FOMC consists of the seven members of the Board of Governors […]

Many investors may have been looking worriedly at the gold price over the past couple of weeks, seeing the price decline back to where it began the year. They may have been second-guessing their decision to invest in gold, wondering if it was really such a good idea after all. But events this week had […]

If you’re one of those people who trusts that the people at the top know what they’re doing and have things under control, you might want to stop now, because it’s becoming abundantly clear that they don’t know what they’re doing. That’s particularly true within the Federal Reserve System, which is throwing unlimited amounts of […]

The last couple of weeks have seen an unprecedented amount of Federal Reserve intervention in financial markets. Just to recap, here’s what the Fed had already done as of last Friday: Pledged up to $5.5 trillion in repo market liquidity; Cut its target federal funds rate to zero; Promised at least $700 billion in quantitative […]

We’ve been warning about an oncoming financial crisis for a while now. The fact that a financial crisis would occur was all but inevitable, given the massive bubble blown by the Federal Reserve’s extraordinarily loose monetary policy over the last 12 years. But despite the numerous warning signs that markets were flashing, many investors just […]

The raft of Federal Reserve actions to bail out Wall Street had many people thinking that we’re going back to the days of 2008, when big banks got bailed out while the little people were forced to suffer. Major banks received trillions of dollars worth of federal assistance to stay afloat, then turned around and […]