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"Sen. Warren calls on President to Immediately Designate New SEC Chair to Replace Mary Jo White" The former lawyer announced in November that she'd leave at the end of Obama's administration, New York Times reports.
White is a Debevoise & Plimpton partner, representing some of Wall Street’s serially charged banks: JPMorgan Chase, UBS, Bank of America, Morgan Stanley;
    The Ship is Sinking
Feb 16, 2017 - 08:07:00 PST
If we are only talking about a reset of the world financial system, then tangible assets retain value that becomes translated into the new currency.
    The Central banks Are Trapped
Feb 16, 2017 - 07:42:58 PST
They can NEVER sell the bonds they bought, the best they could do is allow them to mature. However, that would still be deflationary and result in sending rates higher.
today's housing starts and building permits report from the Commerce Department, painted a mixed picture, with January starts declining 2.6%, from 1.279million to 1.246 million, below expectations of a 0.1% increase
    Initial Jobless Claims Divergence of the Week
Feb 16, 2017 - 07:16:56 PST
As it appears the labor market entirely ignores the demise of actual "hard" data since the election...
Basically, it has become possible for your accounts in your bank to be seized domiciled in the EU doing away with all local legal protection.
Many central banks, like the BoJ, the Federal Reserve & the European Central Bank, have adopted unconventional monetary easing steps since the global financial crisis in 2008.
In this video Mike explains how government has kicked the can down the road only to hit them back and how they plan to ban cash and why.
The ECB should "remain patient & maintain a 'steady hand'" in face of "a high level of uncertainty," including risks "related to the political environment at the global level and within the euro area," the minutes said.
The gains come amid intense scrutiny of the size of central bank balance sheets around the world, including the U.S. Federal Reserve, which holds more than $4.45 trillion in government bonds and other fixed income assets.
as the world’s second-largest economy dipped into its foreign-exchange reserves to buttress the yuan. Japan, America’s largest foreign creditor, trimmed its holdings for a second straight year.
Fed vice chair sees reasonable growth, rising inflation, gradual rate hikes ahead
Federal Reserve Bank of Minneapolis, Neel Kashkari, blasted US banks, saying that they still lacked sufficient capital to withstand a major crisis.
    CA's Medicaid Enrollment Jumps 57%...
Feb 16, 2017 - 04:43:05 PST
California’s 12,209,605 Medicaid/CHIP Enrolees Outnumber Populations of 44 States. President Barack Obama signing the Affordable Care Act, March 23, 2010.
    Aetna CEO Says Obamacare in a 'Death Spiral'
Feb 16, 2017 - 04:39:43 PST
Obamacare’s markets are nearing failure as premiums climb and healthier individuals drop out.
    Major Blow to Obamacare Mandate:
Feb 16, 2017 - 04:38:11 PST
IRS Won't Reject Tax Returns That Don't Answer Health Insurance Question
    Silver: $25 By July?
February 16, 2017
Precious metals expert Michael Ballanger ponders the timelessness of Hunter S. Thompson's "blistering attacks on the status quo" and their applicability to today's political landscape. He also reminds us of […]
    Trump Sends Silver HIGHER!
February 16, 2017
Mother Yellen Had Her Turn Yesterday. Today, Trump Sent Gold and Silver Prices Higher:
It’s my view that the next longer term trend move in gold is higher, which means that price attacks should be used as buying opportunities, both for the metal and […]