European banks are fleeing each other. They have been steadily and aggressively withdrawing their own cash from deposits they hold at other banks. This trend has continued since 2014 when the ECB b…
Unless you're one of the few people still watching CNN™, you may have missed what can only be one of the most scandalous in-house criminal activities to be uncovered at a bank. And not just any bank. It happened at none other than Wells Fargo™, which, up until the scandal was revealed, was the number…
ECB data on bank deposits for the Eurozone shows total bank deposits down sharply in July, breaking the uptrend in force since the low in 2014. That’s shocking considering that the ECB just b…
Playing Politics In honest capitalism, you do what you can to get other people to voluntarily give you money. This usually involves providing goods or services they think are worth the price…
We are in danger of going into a Dark Age. It is absolutely imperative to understand the root causes or we will turn toward more authoritarian power to emerge as a totalitarian state.
The next great crisis will have a greater impact than derivatives or failed banks. This is the knife through the heart of Marxist-Keynesian Economics - the end
October 3rd Looms. Is A MEGA Financial Collapse Only 2 Weeks Away? Bo Polny Believes The BIG ONE Is Imminent:
The Fed's Open Market Committee (FOMC) is meeting this Wednesday and it is starting to resemble an episode of the TV show "House." Much speculation for 55 minutes, then Dr. House announces the correct diagnoses. Same as the FOMC, but since 2008 there has been lots of speculation and jawboning about a rate hike, then ...…
According to Zumper, San Francisco, New York, Boston and Washington DC were the four most expensive residential rental markets in the US. Then numbers five through 7 are other California cities (San Jose. Oakland and Los Angeles).
Is a meaningful de-risking/de-leveraging episode possible with global central banks injecting liquidity at the current almost $2.0 TN annualized pace?
We cannot help but feel a hunger for authenticity, honesty, spiritual solace and human connection, but these are precisely what is scarce i...
households, now own just 1% of the country's wealth, down from 3% in 1989, while America's poor have never been more in debt
Countries are ditching currencies and buying up gold again, raising stocks by 10% since the financial crisis as metal becomes a safe haven
In a rare CNBC panel appearance with Bridgewater's Ray Dalio (a strong proponent of gold) former Treasury Secy Timmy Geithner claimed "central banks aren't out of ammunition". Is Gold Revaluation Next?
German role as Europe's benchmark bond market seen at risk* ECB bond-buying, regulation sapping volume* France seen as an alternative bench
Atlanta Fed President Dennis Lockhart announced recently he will be leaving his post on Feb. 28, 2017. This shouldn’t have been a surprise, given how term limits of regional Fed bank presidents wor…
The economy is slowing and extremely close to recession. What should the Fed be doing? Fed discussions over interest rates continues. Jim Rickards reports...
The stock market can defy economic weakness up to a point, particularly during times of strong money supply growth – but this isn’t going to last if the weakness continues or worsens
the precious metals believe the breakdown in stocks is going to happen, possibly because our banker buddies and status quo have finally met their match