Financial crisis

IMF Condoning the Plundering of Bank Accounts

Published by Philippe Herlin | Oct 16, 2013

As we’ve been saying at the time, the spoliation of bank accounts in Cyprus this last March to save their banks was but a general rehearsal. We’ve also learned that there is a european proposal on the table to have depositors of over 100,000 euros contribute should there be a bank bailout in a Euroz...

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Bernanke’s « Syrian Moment »

Published by Fabrice Drouin Ristori | Sep 29, 2013

Fed Chairman Ben Bernanke’s decision to go ahead with unabated quantitative easing (QE) seems to have taken many by surprise. To such an extent that, from now on, the major market participants are saying they have totally lost faith in Ben Bernanke. True, Ben Bernanke has been saying constantly, fo...

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Schizophrenia

Published by Philippe Herlin | Aug 8, 2013

There is no recovery. But, since the mainstream media and the governments keep repeating it over and over again and since we prefer believing good news than bad news, a majority of people believe in this so-called recovery. This is why the stock market is up and gold is down.

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