Thursday, July 28, 2016

saveyourassetsfirst3

saveyourassetsfirst3


Market Analyst Issues Warning: “In The Next Week Or Two We Should See A Significant Move To The Downside”

Posted: 28 Jul 2016 01:00 PM PDT

The real tell here will be moving into the next week or two… in the next week or two we should see a significant move… or at least the beginning of a significant move to the downside in this market.   Buy 90% Junk Silver Bags at SD Bullion As Low As $1.49/oz Over Spot! View […]

The post Market Analyst Issues Warning: "In The Next Week Or Two We Should See A Significant Move To The Downside" appeared first on Silver Doctors.

Silver Wheaton: Don't Overlook This Opportunity

Posted: 28 Jul 2016 12:53 PM PDT

Credit Card Companies Specifically Targeting Financially Illiterate Americans

Posted: 28 Jul 2016 12:00 PM PDT

The large credit card companies want to find those of us that are the most vulnerable, because that is where their biggest profits can be made…   2016 Platinum American Eagles 1st 100 Coins Just Only $69.99 Over Spot, ANY QTY! Submitted by Michael Snyder:  The big credit card companies don't make much money off […]

The post Credit Card Companies Specifically Targeting Financially Illiterate Americans appeared first on Silver Doctors.

Very Likely to be the Biggest Move in Precious Metals in Modern Times – David Morgan

Posted: 28 Jul 2016 11:00 AM PDT

How will gold and silver respond to a Global Financial COLLAPSE?   Silver expert David Morgan explains it could be the Biggest Move in Precious Metals in Modern Times…   Invest in Gold Bullion Start Now at SD Bullion! 2016 Platinum American Eagles Limited Quantity Remain!

The post Very Likely to be the Biggest Move in Precious Metals in Modern Times – David Morgan appeared first on Silver Doctors.

Interview at Sprott Symposium

Posted: 28 Jul 2016 10:46 AM PDT

I was interviewed by Sunny Pannu, investor relations for Defiance Silver and Minaurum Gold. Among other things, I discussed my recent presentation at the Metals Investor Forum.

 

Gold Is Looking Strong

Posted: 28 Jul 2016 10:00 AM PDT

Are gold prices looking strong here?   The analysts at Peak Prosperity make the case… Invest in Gold Bullion Start Now at SD Bullion! Submitted by Adam Taggart, Peak Prosperity:   2016 Platinum American Eagles 1st 100 Coins Just Only $69.99 Over Spot, ANY QTY!

The post Gold Is Looking Strong appeared first on Silver Doctors.

“Free Speech Cage” Keeps Hillary Protesters Away From DNC Convention

Posted: 28 Jul 2016 09:30 AM PDT

Yeah, this really looks like freedom of speech. Look at these people. Is this a zoo, you might ask?   2016 Platinum American Eagles Limited Supplies Remain! Submitted by Melissa Dykes, the Daily Sheople: Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, […]

The post "Free Speech Cage" Keeps Hillary Protesters Away From DNC Convention appeared first on Silver Doctors.

Why Democrats Plan To Make Sure Hillary Clinton Loses The Election

Posted: 28 Jul 2016 09:00 AM PDT

Luke Rukdowski reports on the ground from the DNC, where it appears a full-fledged MUTINY against Hillary among Democrats is underway…   2016 Platinum American Eagles 1st 100 Coins Just Only $69.99 Over Spot, ANY QTY! Numbered Rim, Only 2,500 Minted!

The post Why Democrats Plan To Make Sure Hillary Clinton Loses The Election appeared first on Silver Doctors.

BREAKING: Protester Set On Fire at the DNC!

Posted: 28 Jul 2016 08:28 AM PDT

Things just came completely unglued at the DNC…   Buy 90% Junk Silver Bags at SD Bullion As Low As $1.49/oz Over Spot! View Today's Data:    2 oz Silver Queen's Beasts  Just $2.89 Over Spot, ANY QTY At SD Bullion!

The post BREAKING: Protester Set On Fire at the DNC! appeared first on Silver Doctors.

Setting Up For August

Posted: 28 Jul 2016 08:16 AM PDT

Once we get Krazy Kuroda behind us tomorrow, the month of August is setting up just as we predicted it would last week. As a reminder, this was a public post: http://www.tfmetalsreport.com/blog/7751/timeline-next-rally-gold

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The US Dollar’s Impact on Gold and Silver

Posted: 28 Jul 2016 08:00 AM PDT

A bull market in gold and silver is now confirmed, but the cycle has turned down, suggesting that a long overdue correction may have started. USD broke out and up as expected, which is not friendly to the metals…   2016 Platinum American Eagles 1st 100 Coins Just Only $69.99 Over Spot, ANY QTY! Submitted […]

The post The US Dollar’s Impact on Gold and Silver appeared first on Silver Doctors.

Monetary Zika

Posted: 28 Jul 2016 07:00 AM PDT

Life goes on for a while, though many people know the mortality. There are futile attempts at quarantine and controls. But they are useless. It doesn't take much for system failures to begin. Panic eventually roils markets; viral financialization of everything and financial bubbles in all directions…   2016 Platinum Eagles at SD Bullion Our […]

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THIS Is Why Vladimir Putin Wants To Take Hillary Down: “His Chance For Getting Even”

Posted: 28 Jul 2016 06:27 AM PDT

Vladimir Putin has every reason to take down Hillary… Submitted by Mac Slavo, SHTFPlan: Following the release of 20,000 Democratic National Committee emails by Wikileaks, there's been much ado about the source of the hack. Behind the release is a mysterious figure known only as Guccifer 2.0. It's been said he is Romanian, but U.S. […]

The post THIS Is Why Vladimir Putin Wants To Take Hillary Down: "His Chance For Getting Even" appeared first on Silver Doctors.

July FOMC Meeting and Gold

Posted: 28 Jul 2016 06:19 AM PDT

SunshineProfits

Breaking News And Best Of The Web

Posted: 27 Jul 2016 06:44 PM PDT

Fed does nothing, says little. Gold pops, stocks Decline. Japan considers 50-year bonds. Companies report fake numbers. Money pours into corporate bonds as sovereign yields go negative. G-20 commits to more stimulus. Debt keeps soaring while yield curves flatten. Judge rules that bitcoin is not money.   Best Of The Web Biggest companies in the […]

The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

Deutsche Bank Profit Plunges 98 Percent As The Outlook For ‘The World’s Riskiest Bank’ Darkens

Posted: 27 Jul 2016 04:58 PM PDT

Crash Arrow Down - Public DomainThe biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes.  If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last September.  Subsequently, Deutsche Bank stock hit an all-time low.  Then I sounded the alarm about Deutsche Bank again back in May, and once again that was followed by another all-time low for Deutsche Bank.  And then I warned about Deutsche Bank again in early June, and you can probably imagine what happened after that.  Over the past year, this German banking giant has literally been coming apart at the seams, and in so many ways it is paralleling exactly what happened to Lehman Brothers back in 2008.

Today, we got some more bad news from Deutsche Bank.  Compared to the exact same period last year, profits were down 98 percent.  A nearly 100 percent drop in net income spooked a lot of investors, and Deutsche Bank shares got hit hard on Wednesday.  Of course Deutsche Bank shares are already down by more than half over the past 12 months, and the financial sharks can smell blood in the water.

Just like Lehman Brothers in 2008, Deutsche Bank is essentially in panic mode at this point.  They recently announced that they will be closing 188 branches and that 3,000 workers will be losing their jobs.  But this could just be the beginning of the layoffs at the bank.  According to some reports, the bank could cut up to  35,000 jobs by the year 2020, and CEO John Cryan recently admitted that they “may have to accelerate cost-cutting measures“.

What makes all of this even more alarming is that Deutsche Bank is widely considered to be “the most dangerous bank” on the entire planet.  The following comes from a CNN article posted just today entitled “The world’s riskiest bank is in trouble“…

What is going on with Deutsche Bank?

Germany’s biggest lender was dubbed the world’s riskiest bank by the International Monetary Fund last month, just as one of its U.S. businesses failed a Federal Reserve stress test.

Its shares are down 45% this year, and on Wednesday it said second quarter profits were wiped out by a 98% slump in earnings. The stock fell 2.5% in Frankfurt.

The primary reason why Deutsche Bank is “the world’s riskiest bank” is because of the mammoth derivatives portfolio that is possesses.  It currently has 42 trillion euros of exposure to derivatives, which is an amount of money about 13 times the size of the entire German economy.

When Deutsche Bank finally goes down for good, it is going to be “the shot heard around the financial world”, and it will be a disaster many times greater than the collapse of Lehman Brothers in 2008.  Just consider what Jeff Gundlach had to say about the bank earlier this year

“Banks are dying and policymakers don’t know what to do,” Gundlach said. “Watch Deutsche Bank shares go to single digits and people will start to panic… you’ll see someone say, ‘Someone is going to have to do something.'”

As I write this, shares of Deutsche Bank are sitting at just $13.63, and many experts are having a very difficult time finding any reason for optimism.  In fact, Edward Misrahi has stated that the bank is his number one short trade, and Jim Collins says that “it is just impossible” to recommend buying shares of Deutsche Bank even at this depressed level…

As an equity analyst, it is just impossible to recommend shares of a bank that is not growing revenue. So really, Deutsche is an untouchable, and the stock market is trying — to the tune of a 58% decline in DB’s market value in 12 months — to recalibrate Deutsche’s market capitalization to the true value of its assets net of liabilities. That’s a painful journey.

I don’t mean to just pick on Deutsche Bank.  Certainly there are a lot of other major banks around the globe that are also teetering on the brink right now.  Just take a look at Italy.  Basically their entire banking system is in the process of melting down.

But the utter collapse of Italy’s banking system won’t have the same kind of worldwide impact that the collapse of Deutsche Bank will.

Unlike some of his predecessors, CEO John Cryan is being honest about some of the struggles that Deutsche Bank is going through right now, and he admits that they may need to be “more ambitious in our restructuring”.  The following comes from Business Insider

Cryan said in a statement (emphasis ours):

“We have continued to de-risk our balance sheet, to invest in our processes and to modernize our infrastructure. However, if the current weak economic environment persists, we will need to be yet more ambitious in the timing and intensity of our restructuring.”

He said something similar in a note to employees (emphasis again ours):

“Here I would like to speak plainly. If this weak economic environment persists, we will need to be still more ambitious in our restructuring. We will do everything in our power to accelerate the measures we have already planned.”

Yes, I know that the stock market in the United States has been setting all sorts of all-time record highs lately.

But that doesn’t change what is going on in the rest of the world one bit.

The financial crisis that has been gripping Europe, Asia, South America and most of the rest of the planet since the second half of last year is accelerating.

And it is inevitable that the U.S. is going to be experiencing some very real pain in the not too distant future as well.

So even though things may seem a bit quiet this summer in the financial world, the truth is that there is a whole lot going on under the surface.

Deutsche Bank is one glaringly obvious example of this, but there are many others all over the globe.  And not too long from now, the dominoes will begin to fall very rapidly.

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