by Karl Denninger, Market Ticker: You may think “all is well” or at least “all is reasonably ok”. You’re wrong. Just as in early 2007 it was clear that we were staring down a monster problem and whistling past the economic graveyard, we are once again doing the same thing. In early 2007 I called out the […]
JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS — Disclose.tv (@disclosetv) July 24, 2023
from The Money GPS: TRUTH LIVES on at https://sgtreport.tv/
by Ethan Huff, Natural News: Following Argentina’s recent debt repayment in the Chinese yuan, the International Monetary Fund (IMF) has hinted that it may soon accept the yuan from all countries that need to settle their debt obligations. IMF spokesperson Julie Kozack confirmed that Argentina paid off $1.1 billion of its $2.7 billion debt using the yuan, […]
by Dave Kranzler, Investment Research Dynamics: I wrote the following commentary for Kinesis Money – you can read the source article here: Kinesis Money Blog I argue that a new bull cycle for the precious metals sector began in late October 2022 – when it appears that gold and silver had bottomed and turned higher, after […]
from SGT Report: The world’s industries runs on base metals, while big tech relies on silver and the monetary system returns to gold. So what happens when geopolitics become so tumultuous that nation states begin to hoard their resources and gold vaults to 3, 4 or $5,000 per ounce? The President and CEO of Callinex […]
by Jim Willie, Gold Seek: A historical paradigm shift is in progress. The process of de-Dollarization began with Russia in response to the Maidan coup in Kiev back in 2014. The Russian reacted in multiple ways, but the Eurasian Trade Zone grew. That was the Jackass name given, which has emerged as the BRICS Union […]
by Pam Martens and Russ Martens, Wall St On Parade: The data in the chart above comes directly from what the biggest bank in the United States, JPMorgan Chase, reported on its 10-Q filing with the Securities and Exchange Commission (SEC) for the quarter ending March 31, 2023. Despite all those mainstream media headlines and […]
by Peter Schiff, Schiff Gold: Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface. As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This […]
by Jim Rickards, Daily Reckoning: As I’ve been warning my readers, the most significant development in international finance since 1971 will be unveiled just over one month from today. A new BRICS gold-linked currency will be announced on Aug. 22 at the BRICS Leader’s Summit conference in Durban, South Africa (the BRICS are Brazil, Russia, […]
