Mark Skousen The Fed SwindleHere’s the link to the video for the subject:
http://www.markskousen.com/offer/fs-the-fed-swindle?source=FED005
If you escape out of the presentation, you can end up with a page that will print it. Bottom line-he wants $99.95 for a year of Forecasts & Strategies. Background-I’ve listened almost too much to the doomsdayers this year though much of what’s said about the Fed’s policies of money buying and the results to pay make much sense! Have others received this teaser? Your thoughts? Thanks! Jeff Lynch
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The item 3 (third step) reserve numbers come directly from a 21Feb2013 release on prnewswire.com
For item 2, buyback amount is directly from title of 14Mar2013 prnewswire. Divend increase was phrased “five and a half cents” in 16May2013 title. Claiming “It has been raising its dividend since the financial crisis” seems a bit shady; their dividend peaked at 0.375 in May2008, and hit bottom at 0.0063 by that Nov.
Oops, their dividend was 0.063 by Nov2008, and bottomed at 0.01 by May2009.