From Birch Gold Group Most people still think big banks are “too big to fail.” While banks don’t have to “fail” completely to have a huge impact on the economy, both Lehman Brothers and Washington Mutual proved back in 2008 that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to. A couple of days ago, when I wrote about the soaring delinquency rates in subprime auto loans – the worst …
The biggest ever bank theft . Amazing interview with Neil Mitchell who spent million of his own money fighting for the customers who had billions stolen by Royal Bank of Scotland. This bank got billions in tax payer bailouts while …
With impeccable timing. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Criminal organizations in Mexico have branched out into a lucrative new market and revenue stream: big data. They have developed innovative practices to obtain sensitive user information by …
https://www.youtube.com/watch?v=pPI5Lo9YvUU
If there’s one thing that’s for sure, it’s that central banks are truly very smart. They caused a crisis and really capitalized on it. They allowed massive fraud to take place and as the financial system was about to collapse, …
by GATA There are two ways to respond to the central bank manipulation of the gold market. First, one can decry the unfairness, the illegitimacy, the maddening abuse of power. Second, one can recognize that market manipulation to suppress the …
Do you anticipate a destruction of currencies including the U.S. dollar at some point? Look around the world and you will see that central banks have done everything they can. They have all dropped interest down to historic levels. They …
Investing in stocks can be tricky. Except if you invested into tech stocks in our current bull market. You didn’t need to study the business. You didn’t need to address whether the valuations were appropriate. All you needed to do …
Did somebody elect citibank to government. Do they even know that elected officials are only elected to reflect the voters wishes? If I was anti gun, I’d be anti corporate rulership. h/t gazillions
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What will finally pull the rug out from under the dollar’s hegemony? The euro? The Chinese yuan? Cryptocurrencies? The Greek drachma? Whatever it will be, and however fervently the death-of-the-dollar folks might wish for it, it’s not happening …
by Ronan Manly via GoldSeek In early March, RT.com, the Russian based media network, asked me for comments and opinion on the subject of central bank manipulation of gold prices. The comments and opinion that I supplied to RT became the article that RT …
“This plan, far from solving or alleviating the problem, is likely to make it a whole lot worse.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Spain’s second biggest bank, BBVA, just announced that it’s resurrecting the 100% mortgage, a high-risk …
And if the parties were reversed, activists and allied groups would already be making Citigroup’s CEO Michael Corbatradioactive. I’ll be on Dana Loesch’s new show talking about this in about half an hour. UPDATE: I can’t find a video link, but here’s a …
Home sales are down 4.4% YoY, the economy is moving into a recession. Trump is positioning to take down the economy, the FANG stocks decline, this is all part of the plan to gain the narrative and to show the …
The plan: Take out mid-sized banks to create a “bipolar” industry of large and small banks, and a lot less competition. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Barely nine months have passed since Spain’s sole officially too-big-to-fail …
by Kimble Charting CLICK ON CHART TO ENLARGE The 2-pack above looks at the KBW Bank Index on a long and short-term basis. The chart on the left looks at the index on a monthly basis over the past 12-years. The rally over …
After much lobbying, guidelines for banks become “non-binding expectations,” says the ECB. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Banks in Europe have won yet another key regulatory battle, and once again largely at the expense of Eurozone …
Lynette Zang of ITM Trading Eric sources questions from Lynette’s viewers and Lynette responds with organic and unrehearsed answers: Question 1. Dennis S: Can you give us what percentage of our assets we should hold in gold? It is costly to take money …
News Articles here: 1. Big banks still threaten the economy. But Congress is asleep at the wheel. https://www.washingtonpost.com/opinio… 2. Bank deposit Bail In law is biggest threat to average USA & G20 savers…. http://investmentwatchblog.com/bank-d… 3. It Can Happen Here: The …
https://www.youtube.com/watch?v=_x0i092ehFA This must be investigated!!
In your opinion, will the central banks be able to unload their balance sheets? The central banks around the world have printed more money than ever thought imaginable. The only issue is how will they reverse course? They know it’s …
https://www.youtube.com/watch?v=P8PshOYXBHY Maybe, but they’re probably using US taxpayer money… LO
Lynette Zang interviewed on Reluctant Preppers Popular financial data maven Lynette Zang, Chief Market Strategist at ITM Trading, returns to Reluctant Preppers to dive deeper into the DROPOFF CLIFF of INTER-BANK LENDING and why it offers us a CRITICAL SIGNAL of BANKING …
by stockboardasset The Federal Reserve has something else to fret about besides Powell testifying last week that America is on a shaky fiscal path: the potential for runaway food prices… Weekly <DBA> PowerShares DB Agri Fund testing 50sma…
by Shaun Richards Yesterday saw something of a familiar theme as we were told this by Fabrizio Pagani, the chief of staff at Italy’s Ministry of Economy and Finance. *PAGANI: ITALIAN BANKS ARE DEFINITELY FIXED ( h/t @mhewson_CMC ) You would …
by howmuch Socking away money for an emergency fund is one of the first steps to building a financially secure future. Most experts recommend keeping these dollars immediately available, and a savings accounts provides the liquidity to access the cash on a …
Michael Lebowitz: Central Banks Created The Inflation Monster & Can’t Stop It Now? The discussion centers around central bankers and in Lebowitz’s opinion the bond bull market is not over, The bankers have created exploding budget deficits and credit bubbles …
The NYT is floating a trial balloon where banks will prohibit weapons transaction. This is similar to how the elite use the threat of employment loss to censor dissent. This kind of thing makes it obvious why they want to …
