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| Dave Kranzler - Sprott Money |
Get Ready To Party Like It’s 2008 - Dave Kranzler |
Apparently Treasury Secretary, ex-Goldman Sachs banker Steven
Mnuchin, has threatened Congress with stock crash if Congress doesn’t
pass a tax reform Bill. His reason is that the stock market surge since
the election was based on the hopes of a big tax cut. This reminds me
of 2008, when then-Treasury Secretary, ex-Goldman Sachs CEO, Henry
Paulson, and Fed Chairman, Ben Bernanke, paraded in front of Congress
and threatened a complete systemic collapse if Congress didn’t authorize
an $800Saturday, October 21, 2017 |
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| Andy Sutton |
Timeo Danaos et dona ferentes |
I'll leave a link at the end of the article for those who are interested in the translation of the title of this week's installment of 'Two Cents'. Well folks, it's game on once again in the Eurozone and the shenanigans have once again escalated to another bank holiday - this time in Greece. ATMs were drained over the weekend as the Greek populace was mildly jolted from its collective stupor and lazily made its way to get a few precious Euros from bank accounts. The polWednesday, July 1, 2015 |
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| Bill Downey - Commodity Trader |
Gold getting ready for a good sized move |
INTRA-DAY NEWSLETTER ~ April 20 2015
Charts and analysis follows the article.
Is The Global Financial System On The Brink Of Collapse?
By Dave Kransler
April 17, 2015
A reverse repurchase agreement, also called a “reverse repo” or “RRP,” is an open market operation in which the Desk sells a security to an eligible RRP counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future.
Last week’s arMonday, April 20, 2015 |
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| Mish - Global Economic Analysis |
China Fooled the World (But It Cannot Last) |
Steen Jakobsen, chief economist at Saxo Bank emailed a pair of interesting links on the explosion of investment and debt in China.
First consider the BBC report How China Fooled the World by Robert Peston.
Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of theTuesday, February 18, 2014 |
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| Chris Powell - GATA |
Barrick's Thornton said to seek China deal to rebuild gold miner |
By Liezel Hill and Matthew Campbell
Bloomberg News
Sunday, December 1, 2013
http://www.bloomberg.com/news/2013-12-01/barrick-s-thornton-said-to-seek...
Peter Munk built Barrick Gold Corp. into the world's largest gold producer by expanding into Africa and South America. Now former Goldman Sachs Group Inc. President John Thornton is betting on China to help revive the beleaguered company's fortunes.
At a Dec. 4 board meeting, Thornton will be confirmed as Barrick's next chairman, succeeding Munk,Monday, December 2, 2013 |
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| Andy Sutton |
Economic Stockholm Syndrome |
My Two CentsBy Andy SuttonWithout getting into a dissertation on Stockholm syndrome, it can be summed up as a psychological condition where hostages come to have feelings of empathy and/or sympathy towards their captors, sometimes to the point of defending them. This is also a common phenomenon in abuse situations as well. Why are we talking about this in an article about economics? Well, it is pretty obvious that America has a fulminant case of Stockholm syndrome when it comes to our own ?captoFriday, October 11, 2013 |
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| Mac Slavo - ShtfPlan |
McGrath: “If You Think the Crisis of 2008 is Over, Then You’re Falling Right ... |
The game is rigged, the pain is coming, and we’re all about to become victims of greed and government once again.
Charlie McGrath of Wide Awake News explains why:
If you think the crisis of 2008 is over, then you’re falling right into the game plan of The Powers That Be.
Washington D.C., the Federal Reserve, any business analyst that can get in front of a camera… wants you to believe that any coming crisis financially is not related to 2008. It’s going to be a new event altogether. And they’re gFriday, September 27, 2013 |
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| Andy Sutton |
"Another Brick in the Wall " with Graham Mehl |
For the past few months we have been sounding the alarm both separately and collaboratively regarding the impending (although not necessarily imminent) looting of the Western financial system including bank accounts, public pension funds, and likely private retirement accounts to some extent. With regard to the bail-in doctrine now in place in much of the rest of the world, it appears as though Australia is jumping on board as well - as part of the 2013-2014 government budget no lessFriday, July 12, 2013 |
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| Graham Mehl |
Another Brick in the Wall |
For the past few months we have been sounding the alarm both separately and collaboratively regarding the impending (although not necessarily imminent) looting of the Western financial system including bank accounts, public pension funds, and likely private retirement accounts to some extent. With regard to the bail-in doctrine now in place in much of the rest of the world, it appears as though Australia is jumping on board as well - as part of the 2013-2014 government budget no less. Details arFriday, July 12, 2013 |
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| Ron Hera - Hera Research |
Neil Barofsky: Another Financial Crisis All But Inevitable |
Hera Researchis pleased to present a sobering interview with Neil Barofsky, Senior Research Scholar, Senior Fellow and Adjunct Professor of Law at the New York University School of Law.From December 2008 until March 2011 Mr.Barofsky served as the Special Inspector General for the $700 billion U.Wednesday, September 19, 2012 |
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| The Gold Report |
Euro Debt Crisis is Good for Gold and Silver: Sprott Money Manager Charles Oliver |
Charles Oliver, a senior portfolio manager for Sprott Asset Management, is keeping the faith that gold and silver stocks will eventually appreciate this year as Europe and the U.S.continue to print money.In this exclusive interview with The Gold Report, Oliver says that an indicator that juniors are about to take off could be an improvement in certain bellwether mid-cap stocks.Thursday, June 14, 2012 |
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| The Gold Report |
Euro Debt Crisis is Good for Gold and Silver: Sprott Money Manager Charles Oliver |
Charles Oliver, a senior portfolio manager for Sprott Asset Management, is keeping the faith that gold and silver stocks will eventually appreciate this year as Europe and the U.S. continue to print money. In this exclusive interview with The Gold Report, Oliver says that an indicator that juniors are about to take off could be an improvement in certain bellwether mid-cap stocks.
The Gold Report: Last February, you forecast that stocks would rebound in Wednesday, June 13, 2012 |
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| Mac Slavo - shtfplan |
Why You Absolutely Must Have Food Supplies, Hard Assets and Reserve Cash |
While many refuse to believe that it can happen, evidence for why it is absolutely critical to stock up for hard times and worst case scenarios is and has been staring us in the face for the last several years (never mind the thousands of years of historical precedent).
The latest warning signs are, once again, popping up in Europe and should be taken seriously, as it is only a matter of time before such events play out in the rest of the world, including right here at home:
ViaAdiconsum Italia – Translated via Google
BNI depositors unable to make withdrawals / payments, payments of utility bills, mortgage payments, taxes
Peter Giordano,Adiconsum: “Grave of the Bank of Italy’s attitude that takes action without considering the impact on depositors, and especially on single-income families and pensioners”
The Bank of Italy authorized the suspension of payments by Bank Network InvestmentsSpA (BNI) without communicating anything to the depositors.Tuesday, June 12, 2012 |
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| Tim Iacono - Iacono Research |
GOP Hopefuls Do Not Like Ben Bernanke |
.Wednesday, October 12, 2011 |
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| Crisis Watch - Iacono Research |
GOP Hopefuls Do Not Like Ben Bernanke |
Wednesday, October 12, 2011 |
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| Clive Maund |
GOLDMAN SACHS RICHARD RUSSELL CONCUR WITH MAUND - should we be worried... |
In the case of Richard Russell the answer is certainly not.This is because Richard Russell is right most of the time, especially over the longer-term outlook, despite, or perhaps because of being an octogenarian (in his 80's).Of course nobody is right all of the time, not even Maund, so he could be wrong and so could I.Monday, May 30, 2011 |
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