Silver as an investment

Category Archives: Washington Mutual

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System – Christmas film serves as reminder that savings are not guaranteed protection by banks– Savers are today more exposed to banking risks than ever before– Gold and silver investment reduce exposure to counterparty risks seen in financial system– Basket […]

ZeroHedge: The Case For A Super Glass-Steagall

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submited by David Stockman via Contra Corner blog, Donald Trump can instantly get to the left of Hillary with respect to Wall Street and the one percenters by embracing Super Glass-Steagall. The latter would cap U.S. banks at $180 billion in assets (<1% […]

ZeroHedge: A Terrible Start To 2016 Turns Absolutely Brutal For Odey Who Refuses To Stop “Fighting The Fed”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. For some people, such as the Horseman Global hedge fund which has been net short since 2012, fighting the Fed can be profitable (even if March was a different story). For others, it is become a nightmare. One such person […]

ZeroHedge: 25 Years Of Fed Fueled M&A – The Enabling Of A Banking Oligopoly

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The “Big Four” retail banks in the United States collectively hold 45% of all customer bank deposits for a total of $4.6 trillion. The fifth biggest retail bank, U.S. Bancorp, is nothing to sneeze at, either. It’s got 3,151 banking […]

The Big Short is a Great Movie, But…

Michael Lewis is the chronicler of Wall Street.  He takes the complexity behind which the inhabitants of the financial world hide and weaves a tale that is both understandable and compelling.  Starting with the classic “Liars Poker” (1989), Lewis has produced a number of books about the financial markets including “Flash Boys: A Wall Street […]

Frontrunning: June 1

Senate lets NSA spy program lapse, at least for now (Reuters) Draghi Deflation Relief Means Little With Greek Threat Unsolved (BBG) Tepid factory data add to Asian gloom (FT) Citigroup Likely to Close Banamex USA (WSJ) Frugality of High Earners in U.S. Shows Long Shadow of Recession (BBG) Greece’s Tsipras Warns Bell May Toll for […]

Largest Bank In America Joins War On Cash

The war on cash is escalating. Just a week ago, the infamous Willem Buiter, along with Ken Rogoff, voiced their support for a restriction (or ban altogether) on the use of cash (something that was already been implemented in Louisiana in 2011 for used goods). Today, as Mises' Jo Salerno reports, the war has acquired […]

ZeroHedge: Frontrunning: December 24

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Russia says NATO turning Ukraine into ‘frontline of confrontation’ (Reuters) Oil Drillers Under Pressure to Scrap Rigs to Cope With Downturn (BBG) Demonstrators Defy NYC Mayor’s Call to Suspend Police Protests (BBG) U.S. to send more private contractors to Iraq […]

ZeroHedge: Six Questions for Federal Reserve “Chair” Janet Yellen

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. “My logic is undeniable” V.I.K.I “I Robot” http://www.youtube.com/watch?v=PaSqH8lhB0M The Federal Reserve Board “Chair” is appearing before Congress on Tuesday to go through the usual charade of questions and answers regarding US monetary policy.  Janet Yellen has politely let the Committee […]

ZeroHedge: To This Day, No One Knows What Financial Firms Are Sitting on

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. As powerful as it may be, the Fed is not the market. And since the Fed failed to restore trust in the system by forcing all bad debts to light, the financial world has grown increasingly volatile and broken as […]