Lebanon Crisis: The IMF Knew In 2016 That The Banking System Would Collapse
Published by Philippe Herlin | Oct 14, 2021 | Articles 8728

The Swiss newspaper Le Temps published on October 6 an exclusive piece of information that did not get the coverage it deserved: the International Monetary Fund (IMF) knew as early as 2016 that the Lebanese banking system was going to collapse, but the central bank and its governor, Riad Salamé, had the fourteen pages of the report that anticipated the disaster deleted.

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The Madness Cannot Last - Sharing Real Facts Within a Surreal Financial System
Published by Egon Von Greyerz | Oct 11, 2021 | Articles 777

Egon von Greyerz and Matthew Piepenburg exchange thoughts on the real vs. surreal financial system. They specifically address the blunt reality of unimaginable debt levels, tanking GDP growth, rising inflation, negative-yielding bonds and declining consumer sentiment against a current environment of engineered market highs, SPAC and crypto mania and the semantic fantasy of policy makers pretending inflation is “transitory” rather than an unspoken and deliberate necessity.

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The Fed Heckled
Published by Laurent Maurel | Oct 5, 2021 | Articles 5283

After the Kaplan scandal, the Fed is fighting against another case of suspected insider trading this week. This time, the case concerns the trades made by the vice-president of the U.S. central bank, Richard Clarida. Clarida traded millions of dollars out of a bond fund into stock funds one day before Chair Jerome Powell issued a statement flagging possible policy action as the pandemic worsened, his 2020 financial disclosures show.

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Why is Gold Not Rising?
Published by Matthew Piepenburg | Sep 26, 2021 | Articles 5886

Gold is currently under attack for not “doing enough,” despite two years of double-digit rises. Gold investors, however, are not greedy, they are patient, and they hold this physical rather than paper asset for the long game. And as for that long game, the inflation ahead, as well destruction of the currency in your pocket today and tomorrow, means today’s gold price is not nearly as relevant an issue as gold’s role in protecting far-sighted investors from what’s ahead.

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Inflation Is Starting To Have Repercussions On Companies’ Results
Published by Laurent Maurel | Sep 22, 2021 | Articles 6553

Even if one were to print money and give it away for free in order to prop up consumption, it would be impossible to avoid the consequences, which are now clearly visible, of the inflation created by this monetary madness. The difficulties at the level of the production chain brought about by this inflation are now squeezing companies’ margins, and that is what FedEx’s results show us.

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