Silver as an investment

Category Archives: fractional reserve banking

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 […]

This Is How Much Liquidity Deutsche Bank Has At This Moment, And What Happens Next

It is not solvency, or the lack of capital – a vague, synthetic, and usually quite arbitrary concept, determined by regulators – that kills a bank; it is – as Dick Fuld will tell anyone who bothers to listen – the loss of (access to) liquidity: cold, hard, fungible (something Jon Corzine knew all too […]

Why Is There So Much Confusion In Macroeconomics?

Submitted by Frank Hollenbeck via, Should we print, not print? Stimulate, not stimulate? Is austerity the right or wrong policy? Is government spending or printing effective? If we ask two economists these questions, we will likely get three opinions for each question. Economists seem confused, yet these questions are more important today than ever. […]

Deustche Bank and the Anatomy Of A European Bank Run: Look at the Situation BEFORE The Run Occurs

Following up on Deutsche Bank as Ground Zero?, I’d like to focus on the deteriorating credit metrics at Germany’s largest bank. To be absolutely honest, an educatied consumer is the at odds with the bank’s other stakeholders in this situation. Educated consumers, particularly those seeking safe, secure bank accounts and lending faciilities should be moving out of […]

Sorry, Losers! How The Fed Has Screwed The Many To Protect The Few

Submitted by Chris Martenson via, By its actions, the Federal Reserve has selected a precious few winners and many, many losers.  Sadly, you are highly likely to be one of the losers. Sorry! I'm one, too, if that helps soften the blow. But we have a lot of company. Other losers include: Savers Anyone […]

Germans “Lose Faith In Banks”, Rush To Buy Safes

It is no secret that one of the most admirable qualities of the German public – in addition to its striking propensity for thrift in the aftermath of Weimar – is its stoic patience and pragmatism when dealing with adversity. However, over the past month, we grew increasingly confident that said patience would be tested, […]

Risks Of Loose Money – Exposing The Link Between Monetary Policy And Social Inequality

Submitted by Claudio Grass via, It has been almost eight years since former U.S. President George W. Bush warned the world that “ without immediate action by Congress, America could slip into a financial panic and a distressing scenario would unfold.” The government’s response to the crisis was a USD700 billion rescue package that […]

The Chimera Of ‘Stable’ Money

Submitted by Fran Hollenbeck via, Since the early 19th century, economists have consistently preached that the value of money or its purchasing power should be stable or relatively stable. David Ricardo, in 1817, said: “A currency, to be perfect, should be absolutely invariable in value.” According to this view, money as a unit of account […]

The Real Reason The “Rich Get Richer”

Authored by Bonner & Partners' Bill Bonner (annotated by Acting-man's Pater Tenebrarum), Time the Taskmaster “Today’s money,” says economist George Gilder, “tries to cheat time. And you can’t do that.” It may not cheat time, but it cheats far easier marks – consumers, investors, and entrepreneurs.     Tempus fugit – every action humans undertake […]

Stay Home, Order Take-Out, And Fondle Your Gold

          Stay Home, Order Take-Out, And Fondle Your Gold Posted with permission and written by John Rubino, Dollar Collapse (CLICK HERE FOR ORIGINAL)     For an example of how far we’ve fallen from the old days of free-range First World entitlement, consider the fact that investment analysts are now judging […]