Spreading the truth. Empowering the people.
Ronnie Stoeferle interviewed on Palisade Radio Ronald discusses their annual report “In Gold We Trust” which is due out in May and how last year’s report focused on the coming breakdown of … Read more
"The good news is we came into this with a much stronger banking system." * It's so strong it needed 6 months of non stop repo before the Coronavirus even … Read more
If you thought 2008 was bad, just wait.. Historically, banks are required to keep 10% of their loaned-out capital in reserves. However, the Fed just took an extraordinary step of … Read more
Look up the charts for yourself and tell me they haven’t been robbed. DB, CS, LYG, RBS, BCS finance.yahoo.com/ DB falling finance.yahoo.com/quote/DB?p=DB&.tsrc=fin-srch AC
THIS chart is why I wrote THIS:t.co/JZE0kHPeSp Banking system will implode if this happens. Think of life w/no mortgages, no car loans. That’s what it means if there’s NO curve … Read more
by DontMicrowaveCats I’ve been posting a lot about the serious economic effects COVID is having on the global supply chain across virtually every major industry. I’ve also predicted world equities … Read more
The US equity market is banking on a huge 20% YoY boost to JOLTS job numbers! pic.twitter.com/SXNGli6We9 — Julien Bittel, CFA (@BittelJulien) February 12, 2020 2. "Employers typically withdraw job … Read more
Visa is buying Plaid in a deal worth $5.3 billion — roughly double the start-up’s last private valuation. Plaid’s API software lets start-ups connect to users’ bank accounts and works … Read more
by Brian Maher via Daily Reckoning Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace. The mainstream financial … Read more
by Simon Black The Chinese government isn’t exactly famous for its honesty and transparency. So when the Chinese regulators are starting to openly report trouble in their banking system, it’s time … Read more
The contrast with retirees could not be starker. By Nick Corbishley, for WOLF STREET: Over the past five years, Spain’s economy has grown at a faster rate than almost any other in … Read more
via wallstreetonparade: It’s becoming clear that the reason so many Americans have their pockets picked by Wall Street scam artists year after year is that mainstream media simply won’t put the … Read more
Frankfurt am Main, November 21, 2019 — The outlook for Germany’s banking system has changed to negative from stable Moody’s expects the banks’ profitability and overall creditworthiness to weaken in … Read more
Authored by John Mauldin via MauldinEconomics.com, Banks are a place where you store your cash, right? Not exactly. When you deposit money in a checking or savings account, you aren’t … Read more
This is one ugly chart for a bloated banking system. HK bank deposits drastically decelerating amid escalating political crisis. Also: Provisions for loan losses account for only 1.7% of revenues. … Read more
