Silver as an investment

Category Archives: ponzi

China: Shadow Bank Inflows Are Critical To Sustain The Ponzi… But They’re Falling / by Tyler Durden / Nov 3, 2017  During the Party Congress, even China’s somewhat watered down versus of the free markets was suspended so as not to disturb the glorification of Xi Jinping as the nation’s greatest leader since Mao. Returning to “business as usual”, some commentators have been disturbed by the continued rise in government […]

Dallas Pension Not Only “Ticking Time Bomb Ready To Explode,” Public Policy Director Warns / by Tyler Durden / Jan 3, 2017 For months, if not years, we’ve warned that conflicted politicians and union bosses pursue a perverse set of goals in their management of pension funds, most of which have nothing to do with the application of sound financial principles. Here’s how we summarized the situation back in the […]

The Entire Pension System Is A Ticking Time Bomb / By: Dave Kranzler / October 19, 2015 Forewarned is forearmed:   If you have the ability to cash out of your 401-K plan, you should do so now or be prepared to suffer the consequences of the most corrupted Ponzi scheme in financial market history (notwithstanding the U.S. Treasury debt scheme) It’s been my belief […]

How The Wall Street Ponzi Works——The Stock Pumping Swindle Behind Four Retail Zombies / by David Stockman / August 16, 2015 There is an economic and financial trainwreck rumbling through the world economy. Namely, the Great China Ponzi. In all of economic history there has never been anything like it. It is only a matter of time before it ends in a spectacular collapse, leaving the global financial bubble of the last two […]

WealthCycles Video Report – December 2014

We hope everyone enjoyed and got a lot out of the first WealthCycles Report last month.  Much has happened since then so we cover a lot of news in this month’s edition. In the 2nd episode of the WealthCycles Report Mike discusses: read more

Silver Surges To 3-Month Highs As China Ponzi Unwinds / by Tyler Durden / 06/19/2014 11:47 But, but, but… Janet Yellen didn’t say precious metal valuations were within historical norms? Gold and Silver are surging today (and have done since the FOMC press conference all-clear) with the latter having its best day in months and back at 3-month highs… Intriguingly, just as we warned, gold and silver have been […]

Hazlitt Deconstructs Keynes on Natural Rate of Interest

It is a new era? It is best to be a consumer, and “help to further trade”? As we started in Big Spenders Not Key to Real Economic Health: This audio clip from Henry Hazlitt’s The Failure of the New Economics, starts with a Keynes quote on interest rates, and then Hazlitt corrects, as it […]

Detroit’s Magical Revenue Math Common to Indebted U.S. Cities

It’s a threat nearly everywhere in the world­­: that unsustainable public pension debt, promised to government employees in response to perceived flush times or under duress from unions, will bankrupt states and municipalities, forcing taxpayers or investors to foot the bill. Sovereign pension obligation is a major factor threatening the viability of the euro. And […]

Asian Silver Demand, State Legal Tender Laws Signal Move to Gold, Silver

In May of 2012 we wrote Shanghai Exchange Begins Physical Silver Delivery Shanghai Silver, and an update is due, as since then, now almost two years on, an immense demand has emerged on par with the famed Asian love for the yellow metal. As you can see in the chart below, silver deliveries out of […]

Ponzi Gave Name to Tried and True Scam

WealthCycles readers may know we have frequently referred to fractional reserve banking, and the global monetary system, for that matter as Ponzi or pyramid schemes. The term “Ponzi scheme” is frequently in the headlines, in a local news item in which some local sharpie has bilked senior citizens or his drinking buddies out of a […]