IMF Confirms European Banking Sector Still Getting Worse
IMF says the number of non-performing loans on the european banks’ balance sheets has doubled since 2009, going from 400 to 800 billion euros.
Read article
IMF says the number of non-performing loans on the european banks’ balance sheets has doubled since 2009, going from 400 to 800 billion euros.
Read article
Fabrice Drouin Ristori interviews silver market expert David Morgan about the silver price manipulation, the coming big reset of the international monetary system and the financial markets
Read article
We are aware of the problems of « Too Big to Fail » banks : They are so big that, if they were to fail, it would cause such economic havoc that they can rest assured to be bailed out by the State. And they’re taking advantage of this situation by taking on even more risk!
Read article
The gold price is driven down in the paper futures market by naked short selling by the Fed’s dependent bullion banks.
Read article
Why is deflation depicted as an absolute horror? Journalists, economists, politicians and central bank chairmen are all warning us against a general and durable price deflation, equating it to the Apocalypse, as they explain it. This unanimity is very troubling, so let’s stay on the alert.
Read article
Max Keiser interviews Egon von Greyerz about Fed policy, dollar devaluation, gold price manipulation and wealth preservation.
Read article
Up until now, Japan was the exception among Asian countries that are hungry for gold (China, Vietnam, Thailand, Indonesia), and even seemed odd, because Japanese people would get rid of their gold, to the point that Japan was showing a negative balance. These days seem like they are over and tha...
Read article
Risk is high, in any case, for any deposit above 100,000 euros. Let’s not forget that, in French law, banks wield much power. In particular, titles owned by their client are not entirely theirs : banks consider themselves to be the real owners of said titles. In case of forced selling, the bank c...
Read article
The Foreign Exchange (FOREX) manipulation scandal is growing in scope. In 2013 many large banks (Barclays, Deutsche Bank, UBS, Royal Bank of Scotland and HSBC) set aside 16.4 billion euros to cover « legal expenses », e.g. the probable amount of fines they will have to pay after their t...
Read article
Here's a look at the 20 largest holders of gold on the planet according to the World Gold Council report in January 2014.
Read article