Why does CME group suddenly need a special bank account with the federal reserve? Maybe, just maybe, someone knows that many of the normal banks are in fact insolvent and that traders might lose confidence unless CME is publicly stated to have special access to the largest private banks in the world (AKA the federal reserve). These things are not happening just for the heck of it. Why now? Why is it happening when everything is supposed to be getting better? So good in fact that the fed was able to raise rates with out any apparent market damage?
Things are not as they seem.
Don't store your money, especially your retirement money, in a government controlled bank. That is just a bad, bad idea.
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