– Austrian decision to renege on guarantees made to junior bondholders overturned – Court does not overrule bail-ins per se – Bail-in legislation still in place across Europe – EU deadline to implement bail-in legislation by end of this month…
We discuss the b-b-b-bad to the bone Fannie Mae and Freddie Mac, the two government owned facilitators of mortgage lending which are bigger and badder than ever. In the second half Max interviews Dr Youssef El-Gingihy about How to Dismantle…
Our “SHEMITAH EXPOSED: Financial Crisis Planned for September” video has begun to go viral… and for good reason I think! If you haven’t seen it yet and want to see what everyone is talking about and understand my reason for…
Did you know that the Federal Reserve pays an annual 6% dividend to its shareholders, i.e., the member banks of the cartel? Must be nice, considering savers who had nothing to do with cratering the world economy, and failed to…
Panicked by the possibility of declines that undermine the official narrative that all is well, authorities the world over are purchasing assets like stocks, bonds and mortgages directly. Central banks are explicitly taking on the role of buyers of last…
– “I own Krugerrands” says legendary Jim Grant – He is “very bullish indeed” on gold – Gold is “investment in financial and monetary disorder” – says Grant – It thrives in current environment – “uncertainty, turbulence and disorder” –…
Greek pain is far from over – and depositors should have seen it coming. Just the other day we wrote about the way wealthy Greeks were lining up for passports and worrying openly that cash-rich accounts could be frozen or…
Never fear good citizens of Great Britain. While your government actively does everything in its power to protect criminal financial oligarchs and powerful pedophiles, her majesty draws the line at toddler thought crime. Unfortunately, this is not a joke. Read…
– Gold is extremely rare and all gold ever mined would fit in giant bar the size of a four bedroom house – Gold is a tangible asset which always retains value – unlike paper assets – Growing Chinese, Indian…
The actual line from Shakespeare’s Macbeth is double, double, toil and trouble, fire burn, and cauldron bubble but for the purposes of analyzing what happens when authorities prop up market bubbles by directly buying assets, bubble, bubble, toil and trouble…