Silver as an investment

Category Archives: Capital One

U.S. Auto Sales Plunge Dramatically As The Consumer Debt Bubble Continues To Collapse

One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry.  We just got sales figures for the month of April, and every single major U.S. auto manufacturer missed their sales projections.  And compared to one year ago, sales were way down […]

2016 Year In Review

Authored by Scott Kristoff via Avondale Asset Management, We started this year with the economy deteriorating and finished it with the second interest rate increase in ten years.  There were a lot of ups and downs along the way, but ultimately 2016 was defined by three key story-lines:  1) Brexit 2) The Presidential Election 3) Fed Policy. […]

Fed Fails Deutsche Bank And Santander In Stress Test, As 31 Other Banks Unleash Dividend, Buyback Frenzy

One week ago, the Fed released the first part of its annual solvency stress test, which found that all 33 bank participants had passed, and would not need additional capital even in a severely adverse scenario which looked as follows: The severely adverse scenario is characterized by a severe global recession accompanied by a period […]

ZeroHedge: “There Is A General Softening In The Consumer’s Ability To Pay” – Why Credit Card Companies Are Crashing

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. On the day in which the government reported modestly stronger than expected retail sales for the month of May, signalling a return to strength for spending and the US consumer – the driving force behind 70% of US GDP – […]

ZeroHedge: Jamie Dimon Warns “Someone Will Get Hurt In Auto Lending” As Citi Sees No Rebound From Abysmal First Quarter

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Yesterday JPMorgan’s chief executive for corporate and investment banking, Daniel Pinto, sparked hope that the collapse in investment banking revenue and profits plaguing the banking industry in the first quarter had ended, when he said that JPM is on track […]

ZeroHedge: Bank C&I NPLs Are Rapidly Increasing

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Nonperforming Loans (NPLs) for U.S. Banks’ Commercial & Industrial (C&I) loan portfolio is rapidly deteriorating climbing $9.32 Billion over 2015 Q4 figures. Commercial & Industrial NPLs While worsening C&I NPLs are concerning, it is the acceleration in the deterioration that […]

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.  During this “secret meeting“, a company known […]

ZeroHedge: The 4 Key Themes From Q4 Conference Calls

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. With Q4 earnings season drawing to a close, here is a quick recap of the key issues facing corporate CEOs and CFOs based on their conference calls as summarized by Goldman’s David Kostin: 1) Company managements forecast positive US GDP […]

Howard Marks Warns “Investor Behavior Has Entered A Zone Of Imprudence”

Via Finanz und Wirtschaft's Christoph Gisiger, Howard Marks, Chairman and founder of Oaktree Capital, warns that investor behavior has entered the zone of imprudence and thinks that China is the biggest threat for the US economy. If you want to know from Howard Marks which stocks are going to do well next year, you’re going […]

The Credit Industry Signals a Recession is Here… and Possibly Even a Credit Crunch

Those looking for accurate data regarding the US economy should look into credit card applications and credit card company earnings. Regarding the former, consider the recent rejections of credit applications data:     Here we see a data point not experienced since the “credit crunch” era of 2008-2009: a time in which the economy was […]