We’re Not Going Back To ‘Normal’…
Turn the key and the economy will restart. That’s a myth a lot of people in the mainstream have peddled…
JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Dimon Warns Of “Severe Recession”
And so the worst quarterly earnings season since the financial crisis (at least until the catastrophic Q2 earnings) is off,…
Guggenheim Warns Of Coming Emerging Market Apocalypse: “Pandemic Will Be Followed By Food Shortages, Social Unrest”
Global capital markets are not pricing in the growing likelihood that defaults by large corporate borrowers in emerging markets will…
Small Business Guarantees Are A Bucket Of Moral BS Fraud
The coronavirus Small Business Relief program is a bucket of first come first serve moral fraud. Read moreWells Fargo is…
Michael ‘Big Short’ Burry Blasts “Unjustifiable” Lockdowns As “Most Devastating Economic Force In History”
Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis, Michael Burry,…
“A Multitrillion Dollar Helicopter Credit Drop”: How The Fed Turned $454 Billion Into $4.5 Trillion
Force is now the only rule remaining in deep state-controlled America. Everything has collapsed, no free speech, no fair trial,…
Gold’s Gone Wild!
The headline’s gone wild today. For example, one public gold company CEO tweeted: “Today, some banks failed to deliver physical…
Get Ready For World Money
Since Federal Reserve resources were barely able to prevent a complete collapse in 2008, it should be expected that an…
Goldman On Gold: “Time To Buy The Currency Of Last Resort”
A month ago, Goldman Sachs suggested there is more to come for precious metals as with rates getting closer to their…
Ronin Capital Blows Up, Unable To Meet CME Capital Requirements After VIX Trade Goes Wrong
We have certainly had our share of dismal fund returns in the past two weeks, in the aftermath of a…