Yet another head of the financial system is coming out and warning that a recession is inevitable. Deutsche Bank CEO Christian Sewing echoed the words of BoE’s...
COMMENT: Marty; the Fed quietly published the banks it was funding in the Repo Crisis. I just wanted to say, you are always right. The press claimed it was tax...
The fuse has been lit. The world economy is in serious trouble and we have the worst possible people at the helm. You have Obama who wants to double the funding for...
We are on the precipice of what can only be described as a rising systemic risk for all markets. The Fed is now hinting that banks should prepare for NEGATIVE...
European banks are in a real crisis. They have been decimated by fines and trading after they tried to mimic their New York competition without the same expertise....
Deutsche Bank sold off its gold storage facility in London as it continues to exit from the financial markets and contracts back to being a core bank. The gold...
QUESTION: Do you think they will allow Deutsche Bank to fail? ANSWER: This is why the central bank of Germany advised the ECB to hide the stress test results...
Gold’s rally into the target weeks for the ECM appear to be linked to the potential crisis in European banking. This has nothing to do with the dollar, fiat,...
The rumor mill has been nonstop. The crushing blow to Europe will be the failure of Germany’s biggest bank: Deutsche Bank. Just about every circle is quietly...