BY GOLDCORE MONDAY, MAR 20, 2023 – 14:18 From the desk of GoldCore CEO, Stephen Flood This morning gold moved above $2,000/oz. The previous intraday high (seen in 2020) was $2,080. If you saw our recent […]
Mar 20 Quoth the Raven It looks as though Credit Suisse is going to be sold off for pennies on the dollar, temporarily postponing a financial trainwreck, at least for a couple more hours or […]
by Michael Fear is in the air. In recent days we have seen a level of panic that we have not witnessed since 2008, and in such an environment people just want to make sure that […]
MICHAEL HUDSON The crashes of Silvergate, Silicon Valley Bank, Signature Bank and its related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage […]
By Cristina Laila Credit Suisse shares tumbled by as much as 30% to a new record low on Wednesday after Saudis pulled funding. Trading in the Swiss banking giant’s stock was halted several times on Wednesday. […]
by Michael Welcome to the great banking collapse of 2023. Please try to enjoy the ride. When FTX crumbled, I explained to my readers that it was not the first domino to fall and that it […]
BY TYLER DURDEN TUESDAY, MAR 14, 2023 – 07:20 AM Over the weekend, amid populist howls of outrage that a bailout of SVB would promote moral hazard (in the end depositors did get bailed out […]
Guest Post by Mark Crispin Miller Once the economy has melted down, CBDC’s will be proffered as the ONLY way we can get “back to normal”—a “cure” that will turn out to be as catastrophic, in […]
Jeff Deist “Governments create money all the time. We do that for war.” “This whole notion that you run government like you run a household…is a complete myth” Economist Prof Mariana Mazzucato tells #Newsnight Government’s […]
by Pepe Escobar, first posted at the Cradle, posted with the author’s permission News of Russian banks connecting to Iran’s financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization. […]
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