Financial crisis

In the United States the Fed just allowed a defaulting bank to keep its clients’ collateral.

Negative yields are supposed to stimulate a deflationary global economy and also save bankrupt nations which can’t afford to pay a market interest rate on their exploding debts. But as usual, the central bankers have got it wrong again.

Goldman admits it was wrong, but still remains indirectly short as it is still hoping to skewer even more muppets on the very same trade it has gotten wrong for the past 3 months... and in the process buy their gold if possible.

Investors around the world are blissfully ignorant of what will hit them in coming months and years. Virtually no one understands the risks in the world and less than ½% of investors have protected themselves against the destruction of their financial assets.

Today in this negative interest rate environment you should be more concerned about the return of your money, than the return on your money.

The downturn will soon start to accelerate and eventually lead to a total failure of the financial system and sovereign defaults

The “liberation” of the precious metals spot prices is taking hold day after day

As the dollar fall accelerates, together with other currencies, it will only be a matter of time before investor’s money will be blocked by the bank.

In a world of manipulated economic figures and markets, it is not always easy to maintain your sanity. The world economy is now based on fantasy and hope and has very little to do with reality. But the problem is that virtually nobody understands this. Whether it is a bank analyst or a Nobel Priz...

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.