Another one bites the dust...First Republic Bank closed yesterday, with the majority of its operations sold to JPMorgan Chase at fire-sale prices.It was the second-largest bank failure in U.S. history. It was also the third bank failure in just six weeks, following Silicon Valley Bank (SVB) and Signature Bank.First Republic's failure isn't surprising. First Republic has been a zombie for a while....Read More
Liberty and Finance, Released on 5/2/23Rising rates and falling asset values have caused major bank failures, including the failure of First Republic Bank last weekend. What we are seeing is a credit contraction, says former bank director Alasdair Macleod. He expects the banking crisis to accelerate. Even some bullion banks could fail, he notes. Under that scenario, "the authorities...will probabl...Read More
ITM Trading, Released on 5/2/23What is going on with the recent collapse of First Republic Bank? How you can protect yourself? With JP Morgan buying out their assets, the industry is trying to contain the situation, but the truth is that the fuse is getting smaller and smaller until the entire system implodes or explodes. This isn't just about survival, it's about thriving through the chaos and it...Read More
Trends Journal, Released on 5/2/23Gerald 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, rigi...Read More
Gold Silver (w/ Mike Maloney), Released on 5/2/23Join Mike Maloney in today's must-watch update on the banking crisis. Things certainly appear to be speeding up, even though we are being told that the crisis is over. Check out Mike's latest update to the timeline of how this all happened, and the jarring similarities to what happened in 2008. Michael Maloney is a precious metals investment expert...Read More
The Washington Free Beacon, Released on 5/2/23Federal agencies such as the Internal Revenue Service and the Environmental Protection Agency have Continue... IRS and EPA spend billions on guns and ammo added by Herman James on 05/03/2023View all posts by Herman James ?+'Read More
The Telegraph (via MSN), Released on 5/2/23he twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in Continue... Half of America's banks are potentially insolvent - this is how a credit crunch begins added by Herman James on 05/03/2023View all posts by Herman James ?+'Read More
Tavi Costa - Twitter, Released on 5/2/23There is a reason why gold is the only macro asset on the planet now on the verge of breaking out to record levels.Thanks again for having me @cvpayne Always enjoy being on your show. pic.twitter.com/PCBK6z2dPG- Otavio (Tavi) Costa (@TaviCosta) May 2, 2023 Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013....Read More
Insane price targets are back...Tesla shares are sliding...Is the market's newest mini-bubble bursting?Shares of First Republic Bank (FRC) cracked early last week after management revealed the bank had lost half its deposits during the first quarter.Oops!To be fair, the stock had already plummeted as much as 90% in March during the crisis sparked by the Silicon Valley Bank debacle. But the earning...Read More
AntiWar.com, Released on 5/2/23The US and Finland are working out a deal that would allow the US to establish a military presence in the Nordic country, as Helsinki is now a member of NATO.Continue... The Biden Administration Is Completely Insane: US In Talks On Establishing Military Bases In Finland added by Herman James on 05/04/2023View all posts by Herman James ?+'Read More
CNBC, Released on 5/2/23Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities. banking crisis, federal reserve, Kyle BassKyle Bass: 'There will be many more bank failures' added by Herman James on 05/06/2023View all posts by Herman James ?+'Read More
Jordan B Peterson's YouTube Channel, Released on 5/1/23Dr. Jordan B. Peterson and economist Peter Schiff discuss the gold standard, the corruption and impending failure of the fiat system in the wake of inflation, why politicians are pushing inflation to astronomical new levels, and why they're lying about it.Peter Schiff is an internationally recognized economist specializing in the foreign equit...Read More
Gold Silver (w/ Mike Maloney), Released on 5/1/23After First Republic Bank collapsed over the weekend and regulators sold the firm to J.P. Morgan, Dimon remarked, "this part of the crisis is over." If you trust big bankers like Dimon, Silicon Valley Bank, Signature Bank, and now First Republic Bank were simply bad apples that have now been weeded out. We're being told that the issues plaguing bank...Read More
John E Hoover, Released on 5/1/23David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.Dr Dave Collum Discusses The Pandemics, Illusions and NEOs added by Herman James on 04/30/2023View all posts by Herman...Read More
GoldSeek, Released on 5/1/23Prolific economic author, John Rubino returns to the show with commentary on his latest articles beginning with is the silver "Deficit" The Same As A Shortage - And if so, does that mean a price spike is imminent?1.02 - The Silver Institute supply/demand numbers - as bullish as it's possible to get for a commodity.2.30 - Silver premiums are soaring - US Eagle's around $...Read More
CNBC, Released on 5/1/23Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the fallout from JPMorgan's takeover of First Republic, what this means for the Fed's rate hike path, and more.Mohamed El-Erian is the President of Queens College, Cambridge and the Chief Economic Adviser of Allianz, a multinational financial services co...Read More
DNYUZ, Released on 5/1/23"I console myself with the normal excuse: If I hadn't done it, somebody else would have," Dr. Continue... 'The Godfather of A.I.' Leaves Google and Warns of Danger Ahead added by Herman James on 05/01/2023View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 5/1/23Sudan is the new site for the ongoing proxy war between Russia and the West, reminiscent of the Syrian conflict. Continue... Armstrong: Sudan - The Russian Connection and New Proxy War added by Herman James on 05/01/2023View all posts by Herman James ?+'Read More
Gloom Boom Doom, Released on 5/1/23Not surprisingly, from the peak New York City's population is down about 4%, which is far less than San Francisco's population, which is down by 8%.Continue... Marc Faber: How Bureaucrats Destroy The Economy And Urban Centers added by Herman James on 05/01/2023View all posts by Herman James ?+'Read More