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« Goldman slashes September rate-hike odds to 25% after Fed’s Brainard comments | Main | The Night That Is Upon Us and the Dawn of a New Era »
Thursday
Sep082016

Fed Wants To Bar Banks From Owning Physical Commodities, Equities



    1) the ban on 'investing in non-financial companies', which is highly ironic given that other central banks are directly buying massive stakes in the world's corporate entities; and

    2) restrictions on physical ownership of commodities, which raises eyebrows on both oil manipulation and the hoarding of precious metals ahead of The Fed losing control.


read more....

As we keep saying, keep your gold out of banks....

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