About the Author

author photo

Taipan is a retired commodity broker, forex trader and portfolio manager who enjoys following the forex, stock, and commodities markets and drawing upon his 40 years or so of trading experience to post articles to a series of blogs. While Taipan is not always right with his forecasts he usually offers some interesting insights into markets. Actually if he weren't so modest he would tell you that in the big strategic picture he is almost always right. Taipan is very distrustful of statements made by stock brokers, stock analysis, so called forex experts, and in general talking heads. The investor who thinks that the playing field is level and that he can depend upon MSNBC and CNN for inside trading information has got to be at least a little nuts. If you want to trade well you had better develop your own style and your own sources of reliable information. This blog will attempt to provide market trading information that will be helpful. However, always keep in mind that any decisions made to trade using this information are your sole responsibility. Taipan has been around long enough to know that the markets can make a fool out of anyone so never blindly follow what someone else suggests. To trade well you have to think well and the thoughts need to be your own.

See All Posts by This Author

Ever Wondered How Money Is Really Created?

Have you ever wondered about the real money story, how money is created, where it really comes from, and by whom? Do you realize that money is really debt? That under our fractional reserve banking system banks can and do create money out of thin air. All you need to do to feed the system is to take out a loan at a bank.

Have you ever wondered why it is so hard to beat the inflation rate and to get ahead in America? If so this video may have some answers for you.

The truth is rather shocking. You will learn that most Americans are merely indentured servants working as hard as humanly possible for the banks. And that this form of slavery is enabled, supported and aided by the quasi governmental, operating behind closed doors, non elective, secretive group of old well connected group of men and women known as the Federal Reserve Bank.

Watch the video and see if you fit into the slave to the system mold. If you are like the vast majority of Americans, or Brits, or citizens of any other system that has a central bank, the chances are high that you do.

Once you see how the vast majority of money is created you will better understand why the Federal Reserve Bank acted so desperately and forcefully to pump billions of dollars into the banking system to keep it afloat. Inflation is necessary in order to keep the debt indentured servant scam going. An implosion of debt may well bring the entire system down.

The Fed is not out of the woods yet, not by a long shot. The forces of deleveraging are strong. Financial assets have been leveraged upwards for so long that continued leveraging is not sustainable. But over leveraging is rampant throughout the financial system. So on the way down even small negative changes in market prices means that huge amounts of capital are wiped out.

That is one reason why the Fed has began to help out its Wall Street buddies by opening up the almost free money discount window directly to them. The Fed knows that even a small decline in markets could trigger a rapid decline in the fortures of the financial industry.

So the deleveraging of financial assets, like the deleveraging of sub prime loans and now conventional loans in the US housing market, is dangerous to the system. The rise in personal and corporate bankruptcies and the fact that people are walking away from homes that are underwater (more owed on the mortgages than the homes are worth) has to be keeping Ben the Helicopter Bernanke pacing the floor at night.

If these deflationary forces can not be offset by the rapid creation of new money the system may fail. Yet by being overly aggressive in the creation out of thin air money the Fed risks the total collapse of the dollar and hyperinflation.

The Fed is in a battle that it can not win. A debt implosion is underway. These are dangerous times for the United States and for world economy.

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Post a Response

Bad Behavior has blocked 92 access attempts in the last 7 days.