The following was taken from an interview with Ron Hera of Hera Research that was published at Seeking Alpha this past weekend.
Keith Nueman's resume' was too heavy to cut and paste.
One must take into account that Mr. Neumeier has silver for sale so keep that thought in mind when considering his opinions on the price of silver going forward, but this is a man with tremendous experience dealing in futures markets as both a supplier/hedger and an investor/broker/dealer.
When he tells you the deal is rigged you have to take it seriously.
Commodities accounts were reputed to be regulated by an entity of the federal government known as the Commodity Futures Trading Commission.
It's true mission however is to assist large Wall Street Banks in their theft of middle class America's wealth.
Click this little gear here for our recent piece concerning former Goldman Sachs great, Democratic Senator from New Jersey (is that better Robert?), Democratic Governor of New Jersey, well known Democratic and Obama fundraiser, and MF Global CEO John Corzine who famously lobbied the CFTC in order to prevent the instituition of rules associated with the Dodd-Frank legislation that would have prevented MF Global from commingling client's money with it's own and thus would have prevented this 630 million dollar theft.
Foolishly thinking that having asked that question, at about 8:30 am on a Saturday morning, I'd have a post done by noon at the latest.
Just another example of just how wrong one can be, when one is wrong.
If you ask the above question of your search engine, it goes nuts.
I read a lot of it.
I'm a little mad at myself here because if you follow some of this stuff far enough, you get to part about the escaped, homosexual, occultist Nazis hiding underground (literally) somewhere in Argentina ....... with grey space aliens.
I am not making this up.
Hell, I couldn't make it up.
Anyway, what I'm mad about is that I lost that link.
You can believe me when I tell you I'm lookin' for it.
But I digress.
Evidently lots and lots of people have asked this question, long before I did and have posted/published their answers.
Then a whole other group read the first group's post/publication/book and felt a need to dispute those answers.
Now, wouldn't you think that it should be easy to determine the ownership of something as important as the entity the controls the money supply of the world's largest economy?
This is the information age after all, don't you think that a simple list might be easily obtainable?
Factcheck.org provides the best start here .
Click it and read it dagnabit, it'll only take a minute and I'm trying to make a point here.
Now, if you click on their sources, from the Fed itself, you get this , and then this .
You don't even have to read anything this time.
See what I mean?
Hmmmmm, is all I have to say about this.
Then there are the vids.
The vids now, are a whole new ballgame.
And while a lot of the vids are very good and entertaining, none of it is as helpful as I would have liked in answering the original question, "Who owns the Fed?" because one needs to have a much better than none at all understanding of the nature of money, before any of the above makes even one lick of sense.
So, here's where I start.
The following comes from a definite Libertarian point of view, and while some may prefer a different viewpoint, it is very clear and easy to grab hold of.
It'll take about 40 minutes but you will most likely be entertained and a hell of a lot smarter about the world around you than you are now.
Go get a beer, a glass of wine, a cup of coffee, maybe a sandwich.
Got all that?
I'll be back on issues having to do with that non existant list in a bit.
From Chart of the Day, as stated at the top of the chart, this is the chart for the Median single Family Home price (Inflation-Adjusted) from 1970 to the present.
Notice the consolidation going on now at just under $160,000.
Consider the argument that people don't really buy the house that they like as much as they buy the monthly payment on a house that they can afford.
Then consider that interest rates sit at historic lows due to unprecedented efforts by the Treasury Department and the FED to hold the cost of servicing the federal deficit to as low a monthly/yearly number as is possible.
Then consider that when interest rates go up, the monthly interest payment on a new home purchase will also increase, making the monthly payment on the Median Single Family Home more expensive.
Now you now know why I'm calling this a "consolidation of losses" rather than a bottom.
Although, it would please me to no end to be wrong on this one.
As always, click the chart for the entire piece.
Now remember that good for nothing, smiling, shill Larry Kudlow yammering on and on about "The Wealth Effect" and how you needn't worry about anything and certainly not the economy because housing prices were so strong?
Now you know why, when the revolution comes, and if they're not out there looking for me, I'm goin' looking for him.