Silver as an investment

Category Archives: Henry Paulson

SHTFplan: Debt Rises: The Government Will Soon Spend More On Interest Than on The Military

Prepare yourself. Buy physical silver and storable food. As debt and interest rates rise, the government is about to be in a disastrous situation. Very soon, they will spend more money paying interest on the national debt than they will on the bloated military budget. By the year 2023, interest payments on the national debt could […]

Financial Leaders: The Deficit And National Debt Will Usher In Economic Crisis

Some financial leaders are finally speaking out about the dire situation the United States economy has found itself in.  If you watch the news, however, you’d have no idea you’re on board a sinking ship thanks to the government’s massive debt and unrealistic deficits. Former chairman of the Federal Reserve, Ben Bernanke, has even begun […]

Government By Goldman

Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund, Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s […]

Paul Ryan “Begged On One Knee” For Obamacare Repeal Vote

In September 2008, Treasury Secretary Hank Paulson reportedly begged House speaker Nancy Pelosi on one knee to support his bailout plan. The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation. It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent […]

Eric Mindich’s $12 Billion Eton Park Is Returning Capital To Investors: Here Are His Biggest Holdings

Once upon a time Eric Mindich was best known for being the Goldman “wunderkind” – the youngest-ever Goldman partner, who parlayed his reputation into the 2004 launch of his hedge fund Eton Park. Unfortunately for Mindich, after over a decade of running other people’s money, the hedge fund apocalypse caught up with the ex-youngest partner, […]

The Great Wailing

Authored by Bonner & Partners' Bill Bonner, annotated by Acting-Man's Pater Tenebrarum, Regret and Suffering BALTIMORE – Victoribus spolia… So far, the most satisfying thing about the Trump win has been the howls and whines coming from the establishment. Each appointment – some good, some bad from our perspective – has brought forth such heavy lamentations. […]

Gary Cohn’s Parting Gift From Goldman: An Accelerated $124 Million

Leaving Goldman Sachs to work for the government has always been a lucrative career move: eight years ago, it allowed former Treasury Secretary Hank Paulson to sell $500 million in Goldman stock tax free, and now its the turn of Gary Cohn, Goldman’s former COO and president, who is leaving to join Trump’s cabinet, who […]

Trump’s Bait And Switch?

Submitted by Nomi Prins via TomDispatch.com, Given his cabinet picks so far, it’s reasonable to assume that The Donald finds hanging out with anyone who isn’t a billionaire (or at least a multimillionaire) a drag. What would there be to talk about if you left the Machiavellian class and its exploits for the company of […]

Trump Picks Goldman President Gary Cohn To Be Chief Economic Advisor

It appears that vampire squids are quite adaptable to living inside the swamp that Trump promised to be draining. Following the appointment of former Goldman partner Mnuchin as Treasury Secretary, NBC News reports that Goldman Sachs President and COO Gary Cohn has been selected as National Economic Council Director.   onald Trump has offered Goldman […]

JPMorgan Stocks Slides After Rumors CEO Dimon Offered Treasury Secretary Role

Having already been under selling pressure today, a tweet from Fox's Maria Bartiromo suggesting CEO Jamie Dimon is about to be offered the job of Treasury Secretary, pushed JPMorgan shares notably lower.   Hearing @jpmorgan ceo jamie Dimon will get treasury secy job. Big meeting tomorrow @MorningsMaria @FoxBusiness will discuss tmrw — Maria Bartiromo (@MariaBartiromo) […]