By Egon von Greyerz In this brief interview with Wall Street Silver’s Jim Lewis and Ivan Baroukhi, Matterhorn Asset Management principal Matthew Piepenburg discusses the trap which central banks have set for themselves and the longer-term implications this will have on inflation …
Global central banks have officially lost their minds. From synchronized over-easing in 2020 to synchronized over-tightening now. The Bank Of Canada just raised by 1%. The largest rate hike since Aug. 1998.https://t.co/Lx4GMl0ibH pic.twitter.com/U0R8HxbKAb — Mac10 (@SuburbanDrone) July 13, 2022 Bank …
View post on imgur.com Banking services down (from all banks in Canada) Interac money transfers down. Mobile services down. https://downdetector.ca/ h/t Gordy7789
The outlook for the UK and global economy has “deteriorated materially” due to inflationary pressures largely stoked by Russia’s invasion of Ukraine, putting extra strain on British household and business finances, the Bank of England (BoE) has warned. The worsening …
by ffffffffffffffffffun LOL. How soon these people forget….. people actually spent more on smaller discretionary items at the time — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 27, 2022 With gas and food costs surging, Indiana food trucks have been forced …
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Maybe it’s only what to expect from a stock-touting service, but today’s commentary by Alastair Ford, senior equities reporter for Proactive Investor in London, is disappointing all the …
consumer sentiment is at record lows for this reason, inlation is unsustainable! for the consumers and for employers central banks will slay inflation through mass layoffs https://t.co/JzADdu3urz — Alessio (@AlessioTMAD) June 24, 2022 Eurodollar price in a rate cut befofe …
Ohio’s food banks are struggling to keep shelves stocked amid rising costs and supply-chain disruptions. But those same issues are pushing even more people to turn to them for help. Why it matters: More than 1.5 million Ohioans — one in …
The guardian “We face a global economic crisis” now with low unemployment > but nobody will tell you that we’ll face global financial crisis once unemployment will explode Central banks are freaking out right now will full employment.. fasten your …
The yen’s current slide may spark turmoil on the scale of the 1997 Asian Financial Crisis if it declines as far as 150 per dollar, according to veteran economist Jim O’Neill https://t.co/o9VOhYtAM6 via @markets — Alessio (@AlessioTMAD) June 9, 2022 …
by Ditch_the_DeepState On gold … my “clam” plot shows the cumulative metal bought or sold for the contract month by each player. I label the bullion banks (noted with a “H” at the end of the name) and JP Morgan’s …
by dilkmud0002 I do believe that Wall St started to package entire neighborhoods in to CMBS… They are essentially wrapping up entire neighborhoods and calling it “CMBS”. This has artificially kept the prices of housing/rents up. The FED… Pays money …
So-called ‘Linkers’ are inflation-linked bonds that have resulted in a windfall for Wall Street Goldman Sachs traders Nikhil Choraria, Puskar Jha and ‘child prodigy’ Wajih Ahmed helped net $450 million for the big bank JP Morgan’s Gil Holmes brought in …
by confoundedinterest17 Run for cover! Markets opened after a long (and expensive) Memorial Day weekend, with the 10-year Treasury yield up 8.1 basis points (to Meanwhile, banks continue to park funds at The Federal Reserve in the form of reverse repos …
by Boo_Randy If you don’t hold it, you don’t own it: China edition. $1.5bn from 1m customers locked after lenders operated outside their region https://asia.nikkei.com/Business/Finance/Several-Chinese-local-banks-freeze-deposits-triggering-protests SHANGHAI — Protests have broken out in China after several regional banks prevented customers from making withdrawals in …
https://twitter.com/Galactic_Trader/status/1528539142686220290 Over 40% of all dollars ever created were done so in 2020-2021 Over 40% of all dollars ever created were done so in 2020 – 2021. *Federal Reserve United States Money Supply M2 Dec 2021: $21.8TJan 2020: $15.4T $6.4T …
https://youtu.be/TOGcHgAIHBU
https://www.youtube.com/watch?v=KSinqkmsWkY – Food banks across America say those economic conditions are intensifying demand for their support at a time when their labor and distribution costs are climbing and donations are slowing. The problem has grown to the point where last …
Several major U.S. banks are facing rising default risks as investors worry credit losses, a Russian debt default, and a recession could cause a financial crisis. The Fed raised rates today increasing the chance of a recession.
by Confident-Bike4720 Lol. “Hey everyone, we f*cked up messing around and making huge bets with your money, but, you’ll pay for our mistakes and we can go on with business as usual, yes? Oh also, our board members deserve millions …
by clearsmoke This is just my observation over the past 10+ years as an IT person. The Canadian banks use a loophole to have remote workers sit at empty workstations in their brick and mortar buildings. This allows them to move …
While everyone is distracted the banks have been quietly collapsing. pic.twitter.com/LRIytm6r9g — Financelot (@FinanceLancelot) April 17, 2022 https://twitter.com/VSoien/status/1515499219641061386 #Recession incoming… https://t.co/R3ociIU6RG — TraderStef (@TraderStef) April 18, 2022 This is the most important chart in the world for the demand outlook… …
The Tesla CEO said on Thursday he could ‘technically afford’ the $43 billion price tag – Musk’s fortune is estimated by Forbes at $264 billion. Much of his wealth, however, is tied up in SpaceX and the electric vehicle company. …
European stocks are down today after an undisclosed investor sold significant stakes in some of the largest banks in the region. The STOXX Europe 600 index slipped 1.2% in the morning, while the German DAX and the banking market declined …
U.S. banks have found an arbitrage opportunity by acting as middlemen for Russian debt and making big money. While it is completely legal, it puts into moral question of what the banks will do to make a buck. Plus, mounting …
