(Abby Liebing) Banks, traders and economists have been watching the economy — along with just about anybody with a paycheck — trying to anticipate if and when a recession might hit the U.S.
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Swiss Bank Says You Must Give Up Red Meat, Beer, Coffee, Milk, Video Games, Dishwashers, to Be Carbon Neutral
(Jack Hadfield) The Swiss investment bank Credit Suisse has called on people to give up red meat, beer, coffee, video games, and vastly reduce the use of showers and dishwashers, in order to be carbon neutral.
Did Venezuela’s State-Owned Bank Collapse?
(J.G. Martinez) Recently, the news in Venezuela has been all about the collapse of the IT system of a state-owned bank. State-owned = no responsibility. They own the justice system, and the district attorneys are there to block any initiative to protect the citizens from events like these. So, yes, the situation is much worse than you could imagine. No one knows if their money will be there once the systems are back online.
China’s Central Bank Bans All Cryptocurrency Transactions
(Arsenio Toledo) China’s central bank has banned all cryptocurrency transactions in the communist nation.
Epstein Still Alive? Judge Demands Answers After Millions of Dollars Flood into His Dormant Offshore Bank in the Virgin Islands
(Ryan Fahey) Millions of dollars that were sent from the estate of disgraced billionaire pedophile Jeffrey Epstein into a bank he owned – but appeared to never have operated as a business – has raised questions from a judge overseeing a court case over his remaining assets.
Deep State Payoffs? No One Knows Why Epstein’s Secret Bank Account Moved Millions Since His Death
(John Vibes) Jeffrey Epstein’s secret bank account suddenly came alive after his death.
WHAT ARE THEY HIDING? Hundreds of Billions in Gold and Cash Are Quietly Disappearing
(Zero Hedge) Something strange is going on: at the same time that central banks are injecting $100 billion each month in electronic money to crush volatility and ramp markets, a similar amount in hard physical currency and precious metals is literally disappearing.
China Braces For December D-Day: The “Unprecedented” Default Of A Massive State-Owned Enterprise
(Zero Hedge) Something is seriously starting to break in China’s financial system.
How $5 Billion In Physical Gold Was Secretly Moved From London To Poland
(Zero Hedge) Yesterday we reported that over the past few months, 100 tons, or some 8,000 gold bars, were secretly transported from the Bank of England’s vaults in London to Poland. But how did this carefully planned transport take place happen?
Biden Conspiracy: Leaked Bank Records Confirm Burisma-Biden Payments To Morgan Stanley Account
(Zero Hedge) Documents allegedly leaked by the Ukrainian General Prosecutor’s office to CD Media have shed light on payments from Burisma Holdings to Rosemont Seneca Bohai LLC, a corporation controlled by Hunter Biden partner (and fellow former Burisma board member) Devon Archer.
Banksters Finally Hit with Racketeering Charges — Better Late Than Never!
(Clint Siegner) JPMorgan Chase and other bullion banks spent most of a decade screwing clients and investors who were naive enough to expect a fair shake in the precious metals futures markets. It was a solid racket.
The Federal Reserve’s Controlled Demolition Of The Economy Is Almost Complete
(Brandon Smith) The Federal Reserve is an often misunderstood entity, not only in the mainstream, but also in alternative economic circles. There is this ever pervasive fantasy on both sides of the divide that the central bank actually “cares” about forever protecting the US economy, or at least propping up the US economy in an endless game of “kick the can”. While this might be true at times, it is not true ALL the time. Things change, agendas change, and sometimes the Fed’s goal is not to maintain the economy, but to destroy it.
Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008
(Michael Snyder) Global stocks are falling precipitously once again, and banking stocks are leading the way. If this reminds you of 2008, it should, because that is precisely what we witnessed back then.
Bankrupt America: Bankruptcy Soars As The Country Grapples With An Unprecedented Debt Problem
(Michael Snyder) America, you officially have a debt problem, and I am not just talking about the national debt. Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt loads have never been higher, and the federal government has been adding more than a trillion dollars a year to the federal debt ever since Barack Obama entered the White House.
Why CONFIDENCE is the Backbone of the New Monetary System
QUESTION: Mr. Armstrong; I found your recent article on inflation and contagions fascinating. Am I correct in summing it up that today because currencies are not commodity based, they rise and fall on anticipation of political events whereas under precious metals contagions took place by one country debasing compared to another?