Wall St. For Main St., Released on 3/13/23During this 40+ minute interview, Jason asks David about the Austrian School of Economics boom and bust cycle caused by central banks like the Fed. Are the Fed rate hikes finally the pin that causes the boom to go bust? David talks about the bank bailouts for Silicon Valley Bank and Signature Bank. The root cause is fractional reserve banking. The rest of...Read More
Gold Silver (w/ Mike Maloney), Released on 3/13/23Tune in and get Mike's take on everything happening in the markets today including the recent surge in precious metals, the SVB collapse, potential Fed reactions, and what might be coming next.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales...Read More
Soar Financially, Released on 3/13/23The US Financial markets are in turmoil. The collapse of the Silicon Valley Bank, a top 20 bank, caused mayhem over the weekend. Gold & Silver exploded, regional banks got destroyed at market open. Peter Grandich shares his insights.Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they "enable...Read More
Spread the loveCOMMENT: Marty; Two former Merrill Lynch traders were each sentenced to a year and a day in prison Thursday for manipulating the precious metals markets, the US Department of Justice announced. Of course, —- —–, which is forever bullish metals, claims they moved the metals in the “direction they wanted from 2008 to 2014.” It just seems that people claim...Read More
Market Watch (via MSN), Released on 3/13/23Banks with the highest percentage of negative AOCI to capital There are 108 banks in the Russell 3000 Index that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided Continue... 20 banks that are sitting on huge potential securities losses, just like Silicon Valley Bank added by Herman James on 03/13/2023View all posts by Herman Jame...Read More
Rebel Capitalist, Released on 3/13/23Come to rebel capitalist live at https://rebelcapitalistlive.comCheck out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/proRebel capitalist merchandise https://www.rebelcapitaliststore.comGeorge Edward Gammon is an American real estate investor and entrep...Read More
The LaRouche Organization, Released on 3/13/23Four converging crises, which are the result of a corrupt and dangerously incompetent perspective on strategic and economic policy, are blowing up in the face of the Biden administration and its accomplices trying to preserve the Unipolar Order. These are the stalemate and likely loss of the war against Russia in Ukraine; the implications of the strate...Read More
Peter Schiff - Twitter, Released on 3/13/23#Powell said the strong U.S. economy could easily withstand the #Fed's interest rate hikes. I said the rate hikes would cause a financial crisis, as thanks to ZIRP and QE the banks were loaded up with too much debt to handle the rise. Once again the Fed was wrong and I was right.- Peter Schiff (@PeterSchiff) March 13, 2023 Peter Schiff is an internati...Read More
Citizen Free Press - Twitter, Released on 3/13/23"Hollywood's biggest night brought to you by Pfizer"pic.twitter.com/vsL6O8GXkB- Citizen Free Press (@CitizenFreePres) March 13, 2023 "Hollywood's biggest night brought to you by Pfizer" added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
CNBC, Released on 3/13/23Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College s...Read More
The Hill, Released on 3/13/23The Biden administration on Monday approved a massive drilling project in Alaska, allowing oil company ConocoPhillips to move ahead with the 30-year project over objections from environmental groups.Continue... Biden approves controversial oil drilling project in Alaska added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
When depositors worry about a bank's ability to make good on its deposits, it can quickly become rational to panic, move deposits out, and ask questions later. We have the FDIC to guarantee the value of deposits smaller than $250,000, so there is no need to run if you're under that limit.But if you're a business with a very large bank balance that you're using to fund payrolls or other operating e...Read More
Armstrong Economics, Released on 3/13/23It is no secret that the US is instigating China to enter World War IIIContinue... Martin Armstrong on the House voting unanimously to declassify the origins of COVID added by Herman James on 03/14/2023View all posts by Herman James ?+'Read More
The financial world is today reeling from the failure of Silicon Valley Bank (SVB). SVB was an FDIC insured commercial bank regulated by the State of California and the Federal Reserve System.On Friday, March 10, the FDIC abruptly closed the bank, moved some deposits to a newly created bank controlled by regulators, wiped out large deposits, and began a process of selling bank assets and gradually...Read More
Jim Rickards - Twitter, Released on 3/12/23$25 billion of the bailout plan announced tonight is from Treasury's Exchange Stabilization Fund. Anyone know where that money came from? It's the insider trading profit FDR made in 1933 when he confiscated gold at $20/oz and repriced it to $35/oz. Steal the gold, pay the rich. pic.twitter.com/jjrebDlsru- Jim Rickards (@JamesGRickards) March 13, 2...Read More
Mish Talk, Released on 3/12/23Treasury Secretary Janet Yellen was on Face the Nation this morning, Let's tune in.Continue... Mish Shedlock: Janet Yellen Says "No Bailout of SVB" But What Does That Mean? added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
Kitco News, Released on 3/12/23E.B. Tucker, Director at Metalla Royalty and Author of "Why Gold? Why Now", joins Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, to discuss why he thinks a cyberattack will be used as pretense to bring in Central Bank Digital Currencies (CBDCs) like FedCoin, giving government unprecedented control. Tucker discusses how to protect one's wealth in this...Read More
AP News, Released on 3/12/23In a sign of quickly the financial bleeding was occurring, regulators announced that New York-based Signature Bank had failed and was being seized Continue... US government moves to stop potential banking crisis added by Herman James on 03/12/2023View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 3/12/23The Biden Administration is responding to the panic phone calls that theirContinue... Armstrong: The Banking Crisis is Global - Not Confined to the USA added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
Dr. Eli David - Twitter, Released on 3/12/23Head of SVB's Financial Risk Management was the co-chair of LGBTQ+ employee resource group to "help spread awareness of queer experiences" ????Get woke, go broke._ pic.twitter.com/2MrHj3PExj- Dr. Eli David (@DrEliDavid) March 12, 2023 Get woke, go broke... added by Herman James on 03/12/2023View all posts by Herman James ?+'Read More