Robert Kiyosaki also warned China is ‘coming after’ the US in a currency war. Robert Kiyosaki predicts the Bank of Japan is next to collapse. The derivatives market in the world today, financed by the Bank of Japan, is a quadrillion [dollars].” That’s 1000 trillion! Federal Reserve Chair] Powell has raised interest rates faster than […]
Financial World Legend Sounds Alarm Over ‘Biggest Bank That’s Going Down’ Read More »
“Every rate hiking cycle of the last 70 years has ended in recession (c. 80% of the time) and/or a financial crisis… His comments came after three U.S. banks have collapsed, as federal authorities organized major banks to deposit $30 billion into First Republic Bank FRC, +3.57% to stave off a fourth. “At this stage,
Ray Dalio says the Silicon Valley Nank failure is a “Canary in the Coal Mine” for what’s to come. Dalio wrote Tuesday that this is part of the classic “bubble-bursting part” of the short-term debt cycle. He explained how it fits into broader historical trends and debt cycles. Billionaire investing veteran Ray Dalio said the
Story by Harvard Gold Group, “Main Points” 3/13/2023, at 3:00 PM | Original article from Peter Schiff 3/13/2023 First Silicon Valley Bank (SVB), and now Signature Bank has collapsed. The Fed folded within 48 hours. SVB didn’t collapse because of FTX contagion, or anything related to Crypto. It collapsed all on its own because it
SVB Fails: And Then Something Broke Read More »
Investors would be wise to buy gold and silver as the Fed and FDIC signal more money printing. Robert Kiyosaki warns bond market is crashing The problem is the bond market, and my prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse. He further expressed concern
Investor Who Called Lehman Collapse Predicts the Next Big US Bank Failure Read More »
Digital dollars could let the Fed monitor or even control how you spend your money.! CBDCs are different. They are programmable, traceable, trackable, and taxable. Literally all transactions can be surveilled, recorded, or even reversed by a bureaucrat’s push of a button. The government can easily dictate which dollars of your income go to buying
The Scary Fed Idea to Turn Your Dollars into a Digital Power Grab Read More »
The U.S. is studying options for adopting a retail or wholesale central bank digital currency, Under Secretary of Treasury Nellie Liang said in a speech Wednesday. The U.S. is considering a CBDC as the Fed has indicated it expects to launch its 24-7, instantaneous payment service, dubbed FedNow, this spring or summer, using an existing
Us Explores Central Bank Digital Currency to Preserve Dollar’s Reserve Status Read More »
“We have never escaped a recession from this point,” JPMorgan economists are telling clients about one indicator, noting stocks have never hit a low before the Fed has stopped hiking interest rates. Despite growing hopes the U.S. may ultimately avoid an anxiously anticipated recession, JPMorgan economists are warning clients that a flurry of indicators are
Ray Dalio said China is winning the trade war with the US as the yuan makes gains internationally. The Bridgewater Associates CIO mentor also warned the US is on the “brink” of conflict with China. But Dalio added that the biggest threat to the US remains domestic. China is pulling ahead in the trade war
Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11% year-over-year. An inventory glut will impact consumer prices, with the latest consumer price index data due out Tuesday. Charges to use cargo containers as temporary warehouse space are going to explode in the coming quarters, according to
There’s a New Inflation Warning for Consumers Coming from the Supply Chain Read More »
