Silver as an investment

Category Archives: Ratings Agencies

Connecticut Becomes Last State To Pass A Budget After 123-Day Battle

Four months after the beginning of the fiscal year, Connecticut has become the last state in the US to pass a budget after Democratic Gov. Dannel Malloy signed a bipartisan budget bill, but used his line-item veto power to block a section of the nearly 900-page document related to the controversial hospital tax. The deal […]

Blain: “The Bond Market Has Become A Series Of Crashes Followed By Rallies”

Submitted by Bill Blain of Mint Partners Blain’s Morning Porridge – Why Bond markets are going down and Markets have no memory “And everything around her is a silver pool of light, the people who surround her feel the benefit of it. It makes you calm…” Before delving into the collapse in global bonds on […]

Moody’s Cuts Aussie Bank Ratings Due To “Tail Risk” Concerns

Back in 2007, the ratings agencies were so woefully behind the eight ball in understanding and reporting the credit risks in the U.S. financial system that it was nearly impossible to tell from day to day whether they were really just that incompetent or if they were complicit in the biggest financial fraud in history.  […]

Snyder Warns Of The Ticking Time Bomb That Could Wipe Out Virtually Every Pension Fund In America

Authored by Michael Snyder via The Economic Collapse blog, Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to […]

The False Economic Recovery Narrative Will Die In 2017

Submitted by Brandon Smith via Alt-Market.com, Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global […]

How A United Iran, Russia, & China Are Changing The World

Submitted by Federico Pieraccini via Strategic-Culture.org, The two previous articles have focused on the various geopolitical theories, their translations into modern concepts, and practical actions that the United States has taken in recent decades to aspire to global dominance. This segment will describe how Iran, China and Russia have over the years adopted a variety of economic and […]

The Great Debt Unwind: Business Bankruptcies Soar 38%

Submitted by Wolf Richter via WolfStreet.com, Six years of Fed & Wall Street hype come home to roost Something funny happened on the way to the bank: In August, commercial and industrial loans outstanding at all banks in the US fell for the first time month-to-month since October 2010, which had marked the end of the collapse […]

Portuguese Bonds Slump As Last-Investment-Grade-Standing Falters

The only thing standing between Portugal's insanely decoupled low bond yields and the ugly fundamental reality is a BBB rating from DBRS which enables The ECB to keep buying the nation's bonds. The problem is, pressure is mounting on DBRS (the only 1 of 4 raters to maintain Portugal as investment grade) to drop the […]

Not Even Death Will Help You With Student Loans

Student loans are incredibly difficult to discharge, even through bankruptcy, this is widely known. However in New Jersey, it appears as though student loans are still expected to be paid, even if someone gets cancer or even dies. This is something that Marcia DeOliveira-Longinetti learned when trying to close out a list of things to […]

ZeroHedge: Frontrunning: May 25

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Oil nudges $50 a barrel as investors bet on shrinking overhang (Reuters) From hinterland to wonderland: China’s ‘teapot’ refinery boomtowns (Reuters) Peter Thiel Has Been Secretly Funding Hulk Hogan’s Lawsuits Against Gawker (Forbes) China Wants to Set Prices for the […]