US Has Launched Airstrikes in Syria

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#BREAKING: US has launched airstrikes in Syria after one US contractor was killed & five US troops were injured when a drone of Iranian origin attacked a coalition base near Hasakah in Syria, Pentagon says – ABC — Faytuks News (@Faytuks) March 24, 2023 UPDATE: At the direction of President Biden, I authorized precision airstrikes … Read more

What Happens When $400 Billion Isn’t Enough?

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By Graham Summers, MBA Now is the time to be particularly careful in the markets. First and foremost, the banking crisis is not over. This is quite concerning, because the Fed has pumped nearly $400 BILLION into the financial system in the last two weeks. Despite these emergency loans/ access to credit, the regional banking ETF is … Read more

U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says. That’s not a problem—until it is

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Why do banks invest in MBS? Itamar Drechsler, Alexi Savov, and Philipp Schnabl* March 13, 202 New York University Stern School of Business U.S. banks had unrealized losses of $1.7 trillion at the end of 2022. The losses were nearly equal to banks’ total equity of $2.1 trillion, professors Philip Schnabel and Alexi Savov and … Read more

Dutch farmers are spraying government buildings and riot police with MANURE!

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The Netherlands is currently seizing privately owned farm land. In protest, Dutch farmers are spraying government buildings and riot police with MANURE! The Netherlands is currently seizing privately owned farm land. In protest, Dutch farmers are spraying government buildings and riot police with MANURE! pic.twitter.com/InKSulmZ9s — THEWATCHTOWERS (@THEWATCHTOWERS) March 24, 2023

2/3 of QT has been reversed

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9 months to reduce it by 600 bil. 2 weeks to add 300 bil. An unregulated entity decided they would create US dollars to buy all the devalued assets from an industry that mismanaged their risk. Crazy as that sounds, it happened another time just 15 years ago.   h/t rubyone2

AZ overturns election judgement to verify signatures

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HUGE: AZ Supreme Court Rules In Favor of Kari Lake, Forces Lower Court to Look at Signature Verification Issues — Kari Lake (@KariLake) March 23, 2023 We are AZ Ready! pic.twitter.com/N3AXd2RGYm — Killer Instinct 🇺🇸 (@SandraYozipovic) March 23, 2023 pic.twitter.com/4HZMFWBPFQ — Catturd ™ (@catturd2) March 22, 2023 I was there all day on Election Day. … Read more

Knock knock. You’re next… Deutsche Bank

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Deutsche Bank’s 5 year credit default swaps reach 170, second highest behind Credit Suisse Deutsche Bank is the world’s 24th largest bank by total assets and Germany’s biggest one REUTERS: Deutsche Bank shares tumble, default insurance cost shoots up. Tick tock tick tock Deutsche… LONDON/FRANKFURT, March 24 (Reuters) – Deutsche Bank shares (DBKGn.DE) fell for a third day on … Read more

Rickards: Another sanctions failure for Biden

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Central Bank of Russia reported a gain of 30 metric tonnes in its gold reserves. That's after a year of flatlining more likely due to non-reporting than non-acquisition. Nice to see Russia back in the game. Another win for Elvira, and another sanctions failure for Uncle Joe. pic.twitter.com/vPHfwvhihJ — Jim Rickards (@JamesGRickards) March 23, 2023

SEC warns investors about risks of purchasing crypto asset securities

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by scott_jr The U.S. Securities and Exchange Commission on Thursday issued an investor alert urging caution around crypto asset securities, warning that firms offering crypto investments may not be complying with U.S. laws. The SEC said unregistered offerings in crypto asset securities may not provide investors important information for informed decision-making, including audited financial statements. … Read more