New York Post, Released on 3/10/23"This company is a merchant bank with a deposit base that Wall Street has mistakenly been concerned by," Cramer said in the clip.Continue... Jim Cramer urged viewers to buy Silicon Valley Bank stock last month... added by Herman James on 03/10/2023View all posts by Herman James ?+'Read More
Lyn Alden - Twitter, Released on 3/10/23At the heart, it's a duration problem rather than a solvency problem.The banks' deposit base *as a whole* can't really go anywhere, so the widespread unrealized losses won't be marked to market. But deposits can move around, so for weak areas that's exactly what's happening.- Lyn Alden (@LynAldenContact) March 10, 2023 Lyn Alden is th...Read More
Summit News, Released on 3/10/23Journalist Michael Shellenberger, who testified Thursday before the House regarding his involvement with the Twitter Files, has warned of a "very disturbing" movement toward a "Censorship-industrial complex" being implemented by the government.Continue... Video: Twitter Files Journalist Michael Shellenberger Warns Of 'Censorship-Industrial Complex' added by Herman J...Read More
International Man, Released on 3/10/23The Fed's belated attempt to "normalize" interest rates, therefore, is not a mean-spirited policy Continue... David Stockman on the Status of the Everything Bubble Created by the Fed added by Herman James on 03/10/2023View all posts by Herman James ?+'Read More
ITM Trading, Released on 3/10/23Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and...Read More
Trends Journal, Released on 3/10/23Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps,...Read More
The Deep Dive, Released on 3/9/23Returning to the Daily Dive is Doug Casey, a world-renowned resource speaker, New York Times best-selling author, and founder of Casey Research. Doug joins us today to share his POV on some of the biggest headlines this week, including the Fed's recent moves, China, CBDCs, and of course, gold.00:00 Introduction00:38 Biden's budget and the payroll tax hike02:09 The...Read More
John Rubino's Substack, Released on 3/9/23Most likely not. There are so many ways to screw up ...Continue... John Rubino: Are We As Prepped As We Think? added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
Trends Research, Released on 3/9/23Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rig...Read More
Wolf Street, Released on 3/9/23The issue is simple: the only free money left for banks is from depositors, and depositorsContinue... Wolf Richter: Bank Stocks Got Wacked: Between a Rock and a Hard Place as Banks Run Out Free Money added by Herman James on 03/10/2023View all posts by Herman James ?+'Read More
Lord Arthur Ponsonby was a British diplomat and politician, dates 1871-1946.This keen and cagey fellow pinpointed 10 rules of propaganda. They are these:1. We don't want war, we are only defending ourselves.2. The other guy is solely responsible for this war.3. Our adversary's leader is evil and looks evil.4. We are defending a noble purpose, not special interest.5. The enemy is purposefully causi...Read More
Liberty and Finance, Released on 3/9/23Japan is on the verge of a death spiral, says former Wall Street analyst John Rubino. The Yen against the US dollar is taking a dive. "No private sector entity will want to own Japanese bonds in an environment where the government is going bankrupt."0:00 Intro2:00 How to go bankrupt7:56 The "Suddenly" part9:30 Sudden collapse16:30 Wakeup call19:00 Shorting Ja...Read More
Markets Insider (via MSN), Released on 3/9/23"This is sending shock waves through the financials with the regional bank ETF lower by 8%," NYSE's Michael Reinking said. Bank Continue... Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
TF Metals Report - Twitter, Released on 3/9/23As @maxkeiser likes to say, you can't taper a Ponzi. pic.twitter.com/e9ehSQIkrb- TF Metals Report (@TFMetals) March 9, 2023 You can't taper a Ponzi added by Herman James on 03/10/2023View all posts by Herman James ?+'Read More
Peak Prosperity, Released on 3/9/23Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chr...Read More
Aljazeera, Released on 3/9/23Biden's proposed spending plan would also nearly double the capital gains tax for investment from 20 percent to 39.6 percent, and lift income levies Continue... Biden to propose doubling Capital Gains Tax to 40% added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
Dr. Eli David - Twitter, Released on 3/9/23Justin Trudeau introducing Ministry of Truth in Canada, to fight "disinformation" (i.e., contradicting his lies) ????pic.twitter.com/mhnjbi0LH4- Dr. Eli David (@DrEliDavid) March 9, 2023 Justin Trudeau introducing Ministry of Truth in Canada added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More
Greetings and salutations on this fine Thursday morning!Last Friday, Byron and I co-hosted a Rickards Uncensored session. Both Jim Rickards and Matt Insley were away, so Matt handed the keys to me. Looking out of the corners of his eyes he silently intimated to me, "Don't muck this up!"To stay on the reservation, the safest thing for me to do was to let Byron talk as much as possible.And what a go...Read More
The Daily Gold, Released on 3/9/23The stock market is threatening to roll over again and break its critical 40-month moving average. Cracks in the banking stocks are starting to appear and could spread to other sectors of the economy. Tight Fed policy has not yet to begun the damage economy as it could over the coming months. The bear market template argues for the start of an accelerated decline...Read More
Reuters (via Yahoo Finance), Released on 3/9/23U.S. District Judge Jed Rakoff in Manhattan said the bank must turn over requested documents from 2015 to 2019, a period after JPMorgan had dropped Epstein as a client. Rakoff did not explain his reasoning in his one-sentence order.Continue... U.S. judge says JPMorgan must hand over CEO Dimon's records in Jeffrey Epstein lawsuit added by Herman James...Read More