with little or no advance warning… Banks will be the major contributor to the collapse of the United States economy, banks have become EVIL,SRH. Usury is, by modern definition, the illegal practice of lending money at unreasonably high rates of…
Chicago corn futures surged 8% in the last two sessions after a massive reduction to the U.S. government’s acreage estimate reported Reuters. The U.S. Department of Agriculture’s (USDA) crop report on Tuesday showed farmers planted 92 million acres of corn in 1H20, which was…
On Friday, we relayed the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short – namely credit – “and the Fed won’t let you” by which he means all central banks….
In recent days a series of leaks across the globe have further shown the “official line” on coronavirus does not hold water… The science of the coronavirus is not disputed. It is well documented and openly admitted: Most people won’t get…
There is no hiding anymore, the United States has become an oligarch owned banana republic with nukes, and with a monopoly currency which has allowed it to rig the markets for half a century. But now we are only a couple of…
Consider the age of monarchs. Squabbling barons select a supreme ruler – a king or an emperor — to suppress the squabbling. Peace and prosperity return to the land. The king makes policy but he can’t do everything. His minions take care…
You’ve got to hand it to these people– Congress really knows how to bring out the holiday cheer. They have some sort of pathological need to pass the most absurd legislation at the VERY END OF THE YEAR giving people…
Last week’s apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of overnight rates by the Fed would spark nothing short of QE4, sparked an unprecedented panic…
In the movie The Outlaw Josey Wales, one of the more famous quotes is, “Don’t piss down my back and tell me it’s raining.” We do not accept the rationale the Fed is using to justify the reintroduction of QE and the…
For the past decade, the name of Zoltan Pozsar has been among the most admired and respected on Wall Street: not only did the Hungarian lay the groundwork for our current understanding of the deposit-free shadow banking system – which has the…
