Have you read about the spate of suspicious deaths of banking executives in recent years? When you look at each of them it is hard to imagine they are just coincidences. Here is a couple of examples from back in 2013 that are highly suspicious indeed… What These “Mysterious Deaths” Tell Us About Our Global […]
Tag Archives: banking
12
Oct
Oct
Italy looks like it might be the next domino to fall. See just how bad it has gotten in terms of non performing loans at banks and also the massive level of government debt. It looks like it is only record low interest rates that is keeping Italy’s head above water currently… A Mile-High House of […]
12
Oct
Oct
2013 saw the first very widely publicised bank deposit “Bail In” in Cyprus. We wrote about that situation back then and how it compares to what exists here in New Zealand in this article: Bank Failures: Will New Zealand be Cyprussed? But there is now a very real risk of this happening again in another […]
07
Sep
Sep
It’s not just a huge overhang of debt, a lack of confidence, or a bank run that poses a risk to the banking system. Read on to discover what perhaps the biggest ongoing threat is to the banking system… The Biggest Threat to the Banking System Is “Here to Stay” By Justin Spittler The banking […]
25
Aug
Aug
To follow is an excellent article that shines a ray of hope for anyone that believes we are heading towards a more centralised world with bigger governments gaining even more control. Dan Denning previously wrote for Money Morning in Australia, after shifting there from the US. We heard him speak at the Gold Symposium in Sydney on […]
30
Jun
Jun
The Brexit vote outcome served to push European banking stocks even lower over the past few days. Banks such as giant derivative holder (and potential derivative time bomb) Deutsche Bank have cratered even further. These banks are struggling with record low and in many cases negative interest rates hurting their profits. And this problem is steadily […]
13
May
May
Up until now in the countries around the world where their Central Bank has set negative interest rates, it is only the banks who have been charged these by the Central Bank. The banks pay the Central Bank on any “excess reserves” they hold with the Central Bank, with the rationale being this will “encourage” […]
11
May
May
Bank runs might seem like a far fetched possibility, both in the USA and here in New Zealand. But the below article shows just how little physical paper currency there is available in the USA compared to the total dollars in US cheque and savings accounts. It inspired us to have bit of a dig around […]
05
May
May
We’d missed this recent call from one of Europe’s biggest (and as it happens most financially troubled) bank. But it should not really come as a surprise. The world seems to continue heading down the slippery slope of more and more extreme intervention from the central planners. What they are calling for is probably just […]
06
Apr
Apr
Here’s some interesting information we hadn’t heard until now concerning the goings on of small banks in Romania and what it might mean for the rest of the world. Also some news about Mexico and the prospect of them being the first to return to precious metals (as Hugo Salinas Price has pushed for in […]