Endless Financial Crises Are Inevitable – Here’s Why
The money created without any counterparty artificially inflates the value of assets, until they reach a breaking point – sooner or later.
Read articleThe money created without any counterparty artificially inflates the value of assets, until they reach a breaking point – sooner or later.
Read articleThe European Banking Authority (EBA) just called for urgent action to be taken in regards to European banks’ bad loans.
Read articleThe financial world is so upended that even Switzerland is starting to slide awkwardly.
Read articleThe result of the constitutional referendum in Italy held last Sunday, December 4th, is undisputable, 60% voting “no”, and there was a large participation.
Read articleDuring the election campaign, Donald Trump accused the Fed of playing the Democrats’ game by keeping rates low and creating a “horrible financial bubble”.
Read articleThe earthquake has happened: Donald Trump is president-elect of the United States of America. Quite an enormous “black swan”! What should we expect now? On the one hand, Trump’s victory seems like a formidable denial of the economic lies being spread since the 2008 financial crisis: no, unemploy...
Read articleWe can’t help but see also the beginning of a flight away from the currencies. And, besides, those countries (China, Middle-East countries) are indeed big buyers of gold, whether through their people or their central banks.
Read articleThe possibility of a hike in long-term rates is becoming a recurrent issue of concern in the markets. Will the Fed raise its rates? Are investors anticipating a normalisation in the yield curve? More important is the question of all the liquidity created by the central banks since 2008.
Read articleThe financial and banking crisis can hit Germany as well – it could even become the epicentre of the crisis, given the size of Deutsche Bank.
Read articleSeveral analysts in favour of gold are predicting a spike to come in the precious metal’s price. They base this prediction on several arguments
Read articleThis question might sound preposterous, but this movement is very real and growing in importance: central banks are progressively buying private assets with their unmatched firepower.
Read articleThis long-standing monetary policy generates a massive and catastrophic perverse effect: banks are no longer profitable. In other words, this policy pushes them into bankruptcy. This is what no less than the IMF explains in a study from last August 10.
Read articleWe’ve already talked about the banking crisis in Italy, with 360 billion € in bad loans, the equivalent of 22% of its GDP, an inordinate amount that leads us to fear the worst. The situation has been temporarily stabilised after a deal between the head of government and Brussels: a bailout plan h...
Read articleIn the United States the Fed just allowed a defaulting bank to keep its clients’ collateral.
Read articleThe Big Short consists in acquiring physical gold and waiting, knowing this could be lucrative in the short term if stock markets keep on falling, or will be lucrative longer term if central banks keep on printing paper money.
Read article2016 is off to a very bad start for the stock markets worldwide: they have lost approximately 10% of their value since January 1st, one of the worst starts of a year in stock market history. Since their peak of last June, stock markets worldwide have declined by 20%, according to Bloomberg, which...
Read articleWhat will American banks do if their own existence is in jeopardy, due to major losses? Well, as a matter of fact, there is only one possibility left: draw from their clients’ accounts.
Read articleThe collapse of four regional Italian banks (Banca Etruria, CariChieti, Banca Marche and Carife) is starting to take on alarming proportions.
Read articleEveryone must now be made aware that if a bank goes bankrupt, it will have the legal right to bail itself out by taking money out of your account, whether it’s in France or, very soon, in all European countries.
Read articleA crisis is not limited to a stock market decline because in such a case, an evaluation of the absorption capacity can be made and a return to normalcy is possible. It is also caused by a major default of an entity with no hope for recovery that may trigger a destructive domino effect. In short,...
Read article