With a wild start to 2016, today a legend in the business sent King World News a powerful piece about a world on the edge of chaos. King World News -- This Is Part Of The Insidious Master Plan To Control Humanity Terrifying Nightmare Of Bank Bail-Ins, Corruption & Global Collapse The shock of the Panama Papers rippled with sensational headlines involving over 100 politicians from Icelan... read more

This ticking time-bomb is now threatening the world financial system. Here is a portion of today’s note from Art Cashin: I Owe You One – In this week’s edition of “Outside the Box”, my friend, John Mauldin, featured the latest report from Dr. Lacy Hunt of Hoisington Investment Management. It is an eye-opening piece on the topic of debt. To whet your appetite, here is a quote fr... read more

Back in July of 2014 [11], we reported that in an attempt to obtain if not compensation, then at least confirmation of bank manipulation in the precious metals industry, a group of silver bullion banks including Deutsche Bank, Bank of Nova Scotia and HSBC (later UBS was also added to the defendants) were accused of manipulating prices in the multi-billion dollar market. The lawsuit, which w... read more

A JPMorgan Chase bank branch in Manhattan. Credit Karsten Moran for The New York Times The nation’s top bank regulators have added an unexpected voice to the growing chorus of critics worried that the biggest American banks, nearly eight years after the financial crisis, are still too big to fail. The Federal Reserve and the Federal Deposit Insurance Corporation said on Wednesday tha... read more

With every passing day, the Fed is slowly but surely losing the game. Only it is not just former (and in some cases current [14]) Fed presidents admitting central banks are increasingly powerless to boost the global economy, even if they still have sway over capital markets. What is far more insidious to the Fed's waning credibility is when former economists affiliated with the Fed start re... read more

On Monday, the U.S. Department of Justice announced that Goldman Sachs has agreed to plead guilty again and will pay $5.06 billion for its role in the 2008 financial crisis. The settlement, over the sale of mortgage-backed securities from 2005 to 2007, was first announced in January. Of course, none of the bankers will ever go to prison and the shareholders pay to protect the individuals who ac... read more