Silver as an investment

Category Archives: bank

“This Is Probably Just The Beginning” – Chinese Banks Are In Big Trouble

That's not supposed to happen… With the crackdown on financial system leverage underway, Chinese banks (and securities firms) are in big trouble. As we noted previously, China's bond curve is inverted, yields are surging, and Chinese regulatory decisions shutting down various shadow-banking pipelines has crushed securities firms' stocks. However, as Bloomberg points out, as China’s […]

“An Empty Lot, An Idle Backhoe And Pieces of Rubble”: NYC Real-Estate Market Is Imploding

The stringent capital controls adopted by Chinese authorities on Jan. 1, some of which were specifically designed to curb foreign real-estate purchases, appear to have had their desired effect. To wit: First-quarter property sales plummeted 58% to $4.3 billion, compared with a year earlier, Bloomberg reported, citing data from real-estate brokerage Cushman & Wakefield Inc. […]

You’d Think We’d Be A Little More Worried . . .

Interested in precious metals investing or storage? Contact us HERE    You’d Think We’d Be A Little More Worried . . . Posted with permission and written by John Rubino CLICK HERE FOR ORIGINAL)       By now everyone with an Internet connection is aware of the “ransomware” attack that shut down hundreds of […]

Deutsche Bank Accused Of Running An “International Criminal Organization”

Having been accused, and found guilty, of rigging and manipulating virtually every possible asset class, perhaps it was inevitable that Deutsche Bank, currently on trial in Milan for helping Banca Monte dei Paschi di Siena SpA conceal losses (as first reported last October in “Deutsche Bank Charged By Italy For Market Manipulation, Creating False Accounts“) […]

Macron & His Socilist Agenda

armstrongeconomics.com / by Martin Armstrong / May 16, 2017 Macron’s funding reveals that elite Socialists were really behind him changing the label to sell a centrist agenda, but in reality, to maintain their agenda. Macron was able to raise funds from French abroad with the promises of change, and this targeted particularly the French who fled Hollande living […]

Report from another gold-rich country insisting on being poor

gata.org / By Blessed Mhlanga / Sunday, May 14, 2017 https://www.thestandard.co.zw/2017/05/14/black-market-thrives-banks-run-… Harare’s Road Port has become the unofficial bank of last resort, never short of cash, no queues, and a multicurrency platform. The money market at this busy bus terminus now plays the role that the formal banking sector has failed. It is effectively making a mockery […]

“Canada Hasn’t Seen A Bank Run Such As This In Decades” – Finance Minister Says Home Capital Bailout Is Possible

zerohedge.com / by Tyler Durden / May 13, 2017 When we first said three weeks ago that the spectacular, sudden implosion of Canada’s largest alt-lender Home Capital Group or HCG – whose fate we had followed closely since 2015 – was Canada’s own “New Century Moment“, the parallels were more than just the obvious: like in the […]

Panic! Like It’s 1837

Via The Daily Bell 180 years ago today, everyone panicked. On May 10, 1837, New York banks finally realized that the easy money they were lending was unsustainable, and demanded payment in “specie,” or hard money like gold and silver coin. They had previously been accepting paper currency that for every $5 was backed by […]

Some Chinese Banks Suspend “Interbank Business” As Regulator Demands That Collateral “Actually Exists”

With “risk” in most of the developed world seemingly a long forgotten four-letter word, as seen by today’s plunge in the VIX to a level not seen in 34 years, traders hoping for some “risk event” have been confined to the recent turmoil in China, where overnight not only did trade data disappoint, with both […]

Crisis Meet China – China Meet Crisis

By Chris at www.CapitalistExploits.at Earlier this week, Kyle Bass spoke on Bloomberg about the reckless expansion of the credit system in the Middle Kingdom. He warned about the ballooning asset-liability mismatch in the shady $4-trillion wealth management products (WMPs) market. And went on to say “this is the beginning of the Chinese credit crisis” while admitting it could take some time for things […]