Category: Banksters

The Unraveling Will Accelerate

The Unraveling Will Accelerate by CHARLES HUGH SMITH for Daily Reckoning Since the first news of pandemic in late January, I’ve been discussing potential accelerants to the unraveling of our fragile financial system. The system appears stable until a catalyst pushes...

No “V.”

No “V.” by David Haggith for The Great Recession These pictures are worth thousands of words: Unemployment: No “V.” Or expressed this way: Still no “V.” Workplace activity: No “V.” Total business reopenings on Yelp: No “V.” Percentage of all...

Goldman Breaks With Anti-Gold Cabal as Physical Vanquishes Derivatives

Goldman Breaks With Anti-Gold Cabal as Physical Vanquishes Derivatives by Chris Powell for GATA Dear Friend of GATA and Gold: Investment bank and “vampire squid” Goldman Sachs has broken with the cabal of gold price-suppressing investment banks and central banks...