Category

Big Banks

Wall Street

Why the Latest Big Bank Scandal Is Worse Than Usual

Big banks are routinely penalized for shady activity.

But Wells Fargo's latest scheme is indicative of systemic, incentivized criminal behavior that'll take more than a $190 million fine to fix...

Wall Street

Big Banks Could Implode Before They're Broken Up

Common sense and self-preservation tell you not to tangle with wounded animals; you're liable to get bitten… or worse.

And when that animal happens to be, say, nearly all of the "Too Big to Fail" banks in the country, everyone can get hurt.

That's exactly what's happening now. As you'll see, it resembles nothing less than a hungry snake eating its own tail, or a financial catch-22.

They benefit from central bank support, but the central banks are dangerously raising their risk profile. They thrive on capitalism, but competition is killing them. They need smart regulation, but they're getting tough regulation instead.

These are all serious problems that, by accident and design, are setting the global economy up for a system shock that will rival the financial crisis of 2008.

Make no mistake, these banks need to be curbed for our good, but that needs to happen in an orderly, systemic fashion.

These banks need breaking up, but it can't happen like this...

Wall Street

The Next Big Bank "System Shock" Is Inevitable – the Proof Is in the Earnings

Big banks' size and structural weaknesses are enough to push markets to the brink, but that's not all. How they're circumnavigating barriers to their profitability could ignite the next financial crisis.

And their Q1 2016 earnings are just more evidence that the next catastrophe is inevitable. Take a look...

Wall Street

The Big Banks Are Threatening the Global Economy Again – Here's What You Need to Know

Global powers increasingly rely on big banks to facilitate government borrowing, fund loans, and underwrite economic growth, among other things.

And once again, they're headed for trouble - here's how they could drag the entire global economy down with them...

Wall Street

How to Protect Yourself from Deutsche Bank's "Gold and Silver Fix"

Deutsche Bank just admitted that it and other Big Banks conspired to rig gold and silver prices.

Investing when you can't trust the markets is tricky, so here's how to protect yourself when investing in gold and silver now...

Market crash

Grab This "Peak Dollar" Profit Play Now

The U.S. dollar has become the world's largest fiat currency experiment ever. Not only is it the world's reserve currency, but numerous other nations have either adopted it as their own, used it to peg their own currency, or widely accept it to settle transactions.

Interest rates, precious metals, agricultural products, and energy are all priced in dollars.

Famously, the U.S. government pledged its support to the Saudi royal family – so long as the House of Saud accepted oil payments in "petrodollars" only.

But I'm seeing evidence that throws the dollar's long-term health and survival into doubt. I don't think it's going to disappear tomorrow, of course, but its dominance is likely on the wane.

That's bad news for investors who aren't ready to move with the big changes, but it could be one of the biggest opportunities of this century...

Wall Street

Here's the Size of the Scam the Fed and U.S. Companies Are Pulling on Us

Stocks have been on a tear. After looking weak in February, they've soared close to 13% in a matter of weeks.

So why does it all feel like a magic trick? Why isn't the market rally giving investors any solid feelings? Why is everyone so nervous?

I'll tell you what's going on, who's responsible, and what you need to do now. Let's get started...

Wall Street

If You Want an Accurate Financial Forecast, Ask a Waiter

Many investors really start to study the markets this time of year in an effort to divine what's next for global markets and, by implication, their portfolios.

But for an accurate financial forecast, I turn to the world's top steak houses, which are known haunts for global traders anxious to blow off some steam and have a fabulous meal.

Today I'm going to talk about what's not"on the menu" – pardon the pun – and why. Then, I'll highlight an investment poised for profits as a result.

Here's what waiters can tell you that economics can't.

Wall Street

How You Can Profit When the Banks Raid Deposits

Protecting your capital from threats is a bedrock principle of investing.

It's why investors seek the relative safety of bonds, for instance, or precious metals or the U.S. dollar.

But right now, there's a severe capital threat brewing, courtesy of the politicians who bailed out the banks after the crisis.

What's worse, this is very likely going to hit your cash "where it sleeps."

We've seen this coming for years now, and there's been a major new development (that was conspicuously absent from the headlines) that raises the threat level to "imminent."

But there's some serious upside to capture as the banks get more desperate. Here's what I mean...

Wall Street

The Most Outrageous Handout Given to Big Banks Is Finally Changing

Last week, our nation's biggest banks lost a portion of an outrageous handout they've been garnishing from American taxpayers for the last 102 years.

This free handout is a ploy seldom covered by mainstream media – which, as we all know, is now generally loath to upset the powers that be.

It happened Tuesday, when Congress released a highway bill that uses surplus funds from the U.S. Federal Reserve to help pay for the legislation's $325 billion price tag.

These surplus funds will drain the source of this big-bank payout, known as Federal Reserve dividends...