Wall Street Silver - Twitter, Released on 3/13/23The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss on its portfolio.Ht u/Lapuamies pic.twitter.com/AiNXsoF4tr- Wall Street Silver (@WallStreetSilv) March 13, 2023 The Feder...Read More
Armstrong Economics, Released on 3/13/23The mere fact that someone is blaming this type of "manipulation" for being the reason Continue... Armstrong: Precious Metals Are Not Manipulated added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
Real Vision Finance, Released on 3/13/23U.S. markets saw more turmoil today as the fallout from Silicon Valley Bank's failure continues to unfold. The Fed has stepped in to help depositors secure their funds from SVB and Signature Bank, and U.S. 2-Year Treasury yields endured the steepest decline since the stock market crash of 1987. Maggie Lake is joined by Daniel Lacalle, chief economist at Tres...Read More
CNBC, Released on 3/13/23Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College s...Read More
Blockworks Macro, Released on 3/13/23Danielle DiMartino Booth, CEO & Chief Strategist of Quill Intelligence, joins Jack Farley to share her thoughts on how the ongoing turmoil in the U.S. regional banking sector will affect the economy and the Federal Reserve's fight with inflation.Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She sp...Read More
Market Watch (via MSN), Released on 3/13/23Banks with the highest percentage of negative AOCI to capital There are 108 banks in the Russell 3000 Index that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided Continue... 20 banks that are sitting on huge potential securities losses, just like Silicon Valley Bank added by Herman James on 03/13/2023View all posts by Herman Jame...Read More
Schiff Gold, Released on 3/13/23The failure of Silicon Valley Bank and Signature Bank reminds us of a very important truth - if you can't hold it in your hand, you don't really own it.Continue... If You Can't Hold It, It's Not Really Yours added by Herman James on 03/14/2023View all posts by Herman James ?+'Read More
Soar Financially, Released on 3/13/23The US Financial markets are in turmoil. The collapse of the Silicon Valley Bank, a top 20 bank, caused mayhem over the weekend. Gold & Silver exploded, regional banks got destroyed at market open. Peter Grandich shares his insights.Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they "enable...Read More
Armstrong Economics, Released on 3/13/23It is no secret that the US is instigating China to enter World War IIIContinue... Martin Armstrong on the House voting unanimously to declassify the origins of COVID added by Herman James on 03/14/2023View all posts by Herman James ?+'Read More
The financial world is today reeling from the failure of Silicon Valley Bank (SVB). SVB was an FDIC insured commercial bank regulated by the State of California and the Federal Reserve System.On Friday, March 10, the FDIC abruptly closed the bank, moved some deposits to a newly created bank controlled by regulators, wiped out large deposits, and began a process of selling bank assets and gradually...Read More
The LaRouche Organization, Released on 3/13/23Four converging crises, which are the result of a corrupt and dangerously incompetent perspective on strategic and economic policy, are blowing up in the face of the Biden administration and its accomplices trying to preserve the Unipolar Order. These are the stalemate and likely loss of the war against Russia in Ukraine; the implications of the strate...Read More
When depositors worry about a bank's ability to make good on its deposits, it can quickly become rational to panic, move deposits out, and ask questions later. We have the FDIC to guarantee the value of deposits smaller than $250,000, so there is no need to run if you're under that limit.But if you're a business with a very large bank balance that you're using to fund payrolls or other operating e...Read More
Gold Silver (w/ Mike Maloney), Released on 3/13/23Tune in and get Mike's take on everything happening in the markets today including the recent surge in precious metals, the SVB collapse, potential Fed reactions, and what might be coming next.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales...Read More
Daily Reckoning, Released on 3/13/23The financial world is today reeling from the failure of Silicon Valley Bank Continue... Rickards: Another Billionaire Bailout! added by Herman James on 03/14/2023View all posts by Herman James ?+'Read More
Citizen Free Press - Twitter, Released on 3/13/23"Hollywood's biggest night brought to you by Pfizer"pic.twitter.com/vsL6O8GXkB- Citizen Free Press (@CitizenFreePres) March 13, 2023 "Hollywood's biggest night brought to you by Pfizer" added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
Road To Roota, Released on 3/12/23The world is running out of places to store their wealth. The mega rich billionaire club has to move assets out of the system and FAST! Silver & Gold are the SAFEST alternatives to cash! HANG ON TIGHT!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is...Read More
Armstrong Economics, Released on 3/12/23The Biden Administration is responding to the panic phone calls that theirContinue... Armstrong: The Banking Crisis is Global - Not Confined to the USA added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
Dr. Eli David - Twitter, Released on 3/12/23Head of SVB's Financial Risk Management was the co-chair of LGBTQ+ employee resource group to "help spread awareness of queer experiences" ????Get woke, go broke._ pic.twitter.com/2MrHj3PExj- Dr. Eli David (@DrEliDavid) March 12, 2023 Get woke, go broke... added by Herman James on 03/12/2023View all posts by Herman James ?+'Read More
Mish Talk, Released on 3/12/23Treasury Secretary Janet Yellen was on Face the Nation this morning, Let's tune in.Continue... Mish Shedlock: Janet Yellen Says "No Bailout of SVB" But What Does That Mean? added by Herman James on 03/13/2023View all posts by Herman James ?+'Read More
Kitco News, Released on 3/12/23E.B. Tucker, Director at Metalla Royalty and Author of "Why Gold? Why Now", joins Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, to discuss why he thinks a cyberattack will be used as pretense to bring in Central Bank Digital Currencies (CBDCs) like FedCoin, giving government unprecedented control. Tucker discusses how to protect one's wealth in this...Read More