Silver as an investment

Category Archives: fractional reserve banking

Robert Gore’s “Hard Core Doom Porn”

Authored by Robert Gore via Straight Line Logic blog, It will be a crash like we’ve never seen before. SLL has been accused of trafficking in “doom porn.” Guilty as charged. If you don’t like doom porn, don’t read this article, it’s hard core. If you prefer feel good and heartwarming, there are plenty of […]

Kolanovic: “This Is What The Next Crisis Will Look Like”

There are two distinct parts to the latest, just released research note from JPM's quant "wizard" Marko Kolanovic. In the first part, the infamous predictor of market swoons takes on an unexpectedly cheerful demeanor, and explains why contrary to his recent market outlooks, near-term risks for a market selloff appear to have abated. First, he […]

The Ultimate Regulatory Reform: Abolish Fractional Reserve Banking!

Authored by Antonius Aquinas, The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  The report is in response to Executive Order 13772 in which the US Treasury Department is to provide […]

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 […]

Trump and the Dying White Male Underclass

The other candidate called them Deplorables, even if she herself was a card-carrying Despicable. Well, never mind her, as she lost and will never darken the halls of power again. Perhaps a more fair term for Trump’s key demographic, more accurate than what she coined, would be the Pitifuls. Pitiful they are. Nothing is going […]

America’s March To Default

Authored by MN Gordon via Acting-Man.com, Style Over Substance “May you live in interesting times,” says the ancient Chinese curse.  No doubt about it, we live in interesting times.  Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world as at devolves towards vulgarity. Just […]

Economists: Le Pen Victory Would Lead To “Massive Sovereign Default”, Global Financial Chaos

With two months left until the French election, analysts and political experts find themselves in a quandary: on one hand, political polls show that while National Front’s Marine Le Pen will likely win the first round, she is virtually assured a loss in the runoff round against either Fillon, or more recently Macron, having between […]

When The Rich Become Preppers, It’s Time To Worry

Submitted by Chris Martenson via PeakProsperity.com, For over 10 years now, we've been openly advocating that folks take action to become more prepared should crisis arrive. And for a long time, this advice relegated us to being labeled "tin-foil hat doomsday preppers" (and other less-polite monikers). The media just couldn't figure out any other box […]

Bullion Banking: Part I – The Mechanics and the Players

Submitted by Ronan Manly, BullionStar.com   Introduction When discussing bullion banking mechanics, it’s important to understand what a bullion bank actually is, and what activities bullion banks engage in. This appreciation also helps highlight the major concerns which modern bullion banking poses. The term bullion bank can be applied to banks which are involved in some […]

According To JPMorgan, This Is The Biggest Risk Facing Deutsche Bank At This Point

Deutsche Bank uncertainties were added to concerns about BoJ tapering spooking global equity markets over the past week. Widespread press reports about Deutsche Bank clients and counterparties reducing their financial exposure to the bank, including their derivatives exposures, alarmed market participants. At the same time, JPMorgan warns, the amount borrowed by euro-area banks at the […]