video.cnbc.com FEBRUARY 10, 2016

In the days ahead, keep your eyes on Germany and Japan. Yes, the Italian banking system is completely collapsing right now, but I believe that what is happening in Germany is going to be the key to the meltdown of Europe, and I am convinced that Deutsche Bank is going to be the star of the show. Meanwhile, don’t underestimate what is taking place in Japan. As Japan falls, that will be a si... read more

On the heels of the Nikkei plunging 8.5 percent in the past two trading sessions, a legend in the business is telling people to keep their seat belts fastened because another round of panic in stocks is likely. The piece below refers to the “Taper Tantrum.” The term “Taper Tantrum” refers to the surge in US treasury yields (global government bond yields as well), in summer of 2013... read more

John Embry: “I think things are finally starting to unfold exactly as we have anticipated. The central banks, who have hijacked markets for far longer than I thought possible, are finally running out of ammunition… Continue reading the John Embry interview below… John Embry continues: “Every time in the past 30 years that there has been a crisis, the response has been for t... read more

With Deutsche Bank forced to issue a statement defending its liquidity today after its stock crashed 10% to financial crisis lows, implying that a $70 Trillion derivatives book may be on the verge of collapse, we thought it apropos to revisit Jim Willie’s dire warning that if Deutsche Bank goes down, it will be Lehman TIMES FIVE: A bank failure contagion, that’s whats going to push... read more

Even with a number of U.S. sanctions against Iran coming to an end, the Iranian government has recently made a very important decision in regards to its oil payment system and it could spell bad news for the United States. This is because Iran has apparently decided to no longer accept U.S. dollars for payment on both its new and outstanding oil sales. Instead it will receive its payment in... read more

As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse. Layoffs are increasing at a pace that we haven’t seen since the last recession, major retailers are shutting down hundreds of locations, corporate profit margins are plunging, global trade is slowing down dramatically, and several major European banks are in the process of... read more

Stress in the financial sector triggered by worries over global growth and the impact of negative interest rates drove European share prices to their lowest in 16 months on Monday and sent the cost of insuring bank debt soaring. Concern over the health of the sector, which has prompted comparisons with the early days of the global financial crisis in 2008, pushed borrowing costs in the eur... read more

Back in the 1970’s as recession gripped the world for a decade, stocks stagnated and commodities crashed, investor Jim Rogers made a fortune. His understanding of markets, capital flows and timing is legendary. As crisis struck in late 2008, he did it again, often recommending gold and silver to those looking for wealth preservation strategies – move that would have paid of multi-fold... read more

[Note: A reader alerted me to this – LINK – which explains the $19 billion drop in Capital Surplus. Congress passed a law requiring all surplus capital at the Fed in excess of $10 billion to be transferred to the Treasury as part of the Highway Bill passed in early December. But does not change the thesis for the banking system underlying the analysis below: the banking system is starti... read more