Commodity Trade Mantra

Posts Tagged ‘Banking Sector’

Gold and Silver Strong – Banks and Stocks Scary

European Banks are worth watching. The failure of even one modest-sized European bank will send ripples through the world financial system & would likely drive significant safe-haven buying in gold and silver. Valuations are widely acknowledged to be at nosebleed levels versus historical norms & individual investors are fleeing equity markets. Gold and silver benefit during a selloff in stocks.

Helicopter Money - The Recipe For Inflation Gathers Momentum

Where will inflation come from? With helicopter money, Congress spends the money. It covers its deficit with more borrowing & the Fed prints the money to cover the borrowing. It’s essentially monetizing the debt. The difference is that in the case of QE, there’s no extra spending. In the case of helicopter money, there is because Congress spends all the money. – Your recipe for inflation.

Goldman's Call To Short Gold, 5 Days After Saying Gold May Soar Much Higher

Last Wednesday evening, Goldman decided to be the latest to piggyback on gold’s torrid momentum, by saying “there’s scope for the gold price to extend much higher over time.” Less than a week later, as the gold momentum has been briefly snapped, that Goldman’s head of commodities has decided to take the other side & is now advising clients to short gold.

The Negative Rates "Doom Loop" That Can Wipeout Banks & Global Economy

In a way, the move below zero was a gamble. The theory went like this: Banks would take a hit, but negative rates would get the economy moving. A stronger economy would, in turn, help the banks recover. It appears that wager isn’t working. The consequences are deeply worrying. Weak banks may now drag the economy down further.

Have Central Banks Entered an Undeclared War?

Central banks play two games: one is pure public relations: marionettes on strings beat deflation with sticks and declare they’ll save financial parasites with “whatever it takes” monetary policies. Meanwhile, their actions may be mere shadows of the bold policies being trumpeted, or they may be extremes nobody dares make public.

As QE3 Ends, Fed Reserves Have Biggest Drop Since Start Of QE

A glance at the Fed H.4.1 statement reveals: in the past 4 weeks, the level of total reserves with Fed banks (i.e., excess reserves created by QE), have seen their biggest plunge since the launch of QE in March of 2009. As of Nov 5, the total amount of outstanding reserves tumbled to $2.561 trillion, down a whopping $188 billion.

Top 10 Signs That Reveal Mounting Panic In The World Banking System

We don’t want to cause you unnecessary stress or worry, but it might be prudent to pay attention to a series of unusual news reports recently emanating from the banking world. Do you really want to entrust your hard earned savings to these completely irresponsible institutions?

Why Banks Are Doomed: Technology and Risk

It’s not just that banks are no longer needed–they pose a needless and potentially catastrophic risk to the nation. To understand why, we need to understand the key characteristics of risk. The entire banking sector is based on two illusions.

Banks Are Obsolete: The Entire Parasitic Banking Sector Can Be Eliminated

Once we get rid of these obsolete middleman parasites–Wall Street, the banking sector and the Federal Reserve–we have a delightful question to answer: What else can we do with the $1.25 trillion we’ll save every year by eliminating these obsolete financial middleman parasites? – A lot.

All Banks Are Bankrupt

Doug Casey Interviewed by Louis James, Editor, International Speculator) L: Doug, there is considerable disagreement over the significance of the Cyprus crisis. […]

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