The Federalist, Released on 3/14/23Silicon Valley Bank might have been able to make good on $74 million promised to customers had it not pledged the money to leftist causes.Continue... Silicon Valley Bank Pledged Nearly $74 Million To Black Lives Matter Causes added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
Daily Reckoning, Released on 3/14/23It's often said that the Fed raises interest rates until something breaks. Well, something has broken.Continue... Rickards: The Fed Finally Broke Something added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
CNBC, Released on 3/14/23"We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank Continue... Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment' added by Herman James on 03/15/2023View all posts by Herman James...Read More
Marco Roque - Twitter, Released on 3/14/23How Gold Performs During Recessions added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
Money Metals, Released on 3/14/23Every single lawmaker in both chambers of the Tennessee legislature has voted to empower the State Treasurer to invest Continue... Tennessee House and Senate Vote Unanimously to Protect State Funds with Gold and Silver added by Herman James on 03/17/2023View all posts by Herman James ?+'Read More
LONDON, 14 March 2023 - New interest in buying precious metals has leapt since the weekend's failure of Silicon Valley Bank reports UK personal finance site YourMoney, quoting BullionVault data and comment.Read the full story at YourMoney here:Gold demand soars amid SVB fallout: Should investors worry about tech, banks or start-ups? Read More
Stansberry Research, Released on 3/13/23"We are in the beginning of a debt crisis in the U.S., we are only in the first few innings," says Dr. Nouriel Roubini, co-founder and chairman of Roubini Global Economics & Professor Emeritus of the Stern School of Business of New York University. "It's very likely the Fed will pivot with the implied risk of a financial meltdown," he tells Daniela Cambone....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
George Gammon, Released on 3/13/23Jeff Snider is head of global investment research for Alhambra Investment Partners, a registered investment advisory based in Palmetto Bay, Florida. As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra's client base. Jeff is published nationally at RealClea...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
Liberty and Finance, Released on 3/13/23Todd "Bubba" Horwitz live at 11:30am Eastern to discuss the recent bank failures. Just days after Silicon Valley Bank failed, Signature Bank was shut down by regulators. These two failures represent the 2nd and 3rd largest bank failures in US history. Are there more to come?Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is...Read More
CNBC, Released on 3/13/23Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss his thoughts on the backstop provided to SVB, if other banks will have similar issues as SVB, and much more.Mohamed El-Erian is the President of Queens College, Cambridge and the Chief Economic Adviser of Allianz, a multinational financial services comp...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
Jeffrey Gundlach - Twitter, Released on 3/13/23UST yield curve now aggressively steepening after sustained inversion is highly suggestive of imminent recession.- Jeffrey Gundlach (@TruthGundlach) March 13, 2023 Jeffrey 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 strate...Read More
Wall Street Silver - Twitter, Released on 3/13/23The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss on its portfolio.Ht u/Lapuamies pic.twitter.com/AiNXsoF4tr- Wall Street Silver (@WallStreetSilv) March 13, 2023 The Feder...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
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
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
Armstrong Economics, Released on 3/13/23The mere fact that someone is blaming this type of "manipulation" for being the reason Continue... Armstrong: Precious Metals Are Not Manipulated added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More