QUESTION: Martin- I am a recent new member and just finished reading the REPO Crisis Report. As an individual, not an institution, it was a steep price but well worth it. Thank you. My question is this…..what the hell does everyone expect to happen? Here is a short list of everything we know to be […]

The unannounced meeting between the Fed and Trump was a briefing on the Repo Crisis BECAUSE the real crisis cannot be discussed publicly. I have not been getting much sleep lately. This is a very serious crisis and all the BS on TV of these pretend analysts giving their two cents is really amazing. They […]

  COMMENT: Thanks so much for your explanation of the Repo Crisis which is now self-evident that the Fed has reversed course and did not cut rates. You are always on the cutting edge and your contacts are revealed in your analysis. PV REPLY: The central bank has been in control of short-term rates, not […]

The Repo Crisis is only Part II of this Mother of All Financial Crises. Where Quantitative Easing was buying in long-term debt to try to lower long-term interest rates and stimulate the economy, the Repo Crisis is entirely different for its objective is to prevent short-term rates from rising. The Fed did not lower rates […]

COMMENT: Sir, While taking a break from reading the Repo Report, I came across these words written by Albert Einstein before he passed away “Not one statesman in a position of responsibility has dared to pursue the only course that holds out any promise of peace…” he wrote. “For a statesman to follow such a course […]

QUESTION: This report from the BIS merely states what you wrote on the private blog almost a month ago about JPM. They are not pointing out the real issues that you have laid out in the report. Are they trying to create disinformation since you point out that the issue with JPM was because of […]

QUESTION: The distinction between the Repo Crisis and Quantitative Easing is the duration and purpose as distinguished from 2007-2009? HS ANSWER: Yes. Under QE, the Fed was buying in 30-year bonds in hope of creating a shortage of long-term paper that would in theory lead to consideration of buying long-term mortgage paper. It was trying […]

QUESTION: Regarding the repo crisis blog. Surely president Trump would be interested in what you do. Am I just being naive? I mean if the administration were kept informed by Socrates, knowing it’s history, wouldn’t they try to adapt? At some point they have to admit your right. MH ANSWER: I think Trump himself would […]

ASIA: More protests occurred overnight in Hong Kong as students and police have been clashing. China will most likely intervene in Hong Kong as their previous “hands off” policy is not providing the desired result. China released a new submarine. The JL-3 has a range of up to 7,500 miles and could reach the US […]

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