Big Banks Prepare for Compliance Based Currency
Big Banks Prepare for Compliance Based Currency by Greg Reese Read on Substack
Big Banks Prepare for Compliance Based Currency by Greg Reese Read on Substack
Is the U.S. about to experience another banking crisis? Shares in banks, and particularly regional banks, imploded yesterday. At one point the regional bank index (KRE) was down 7%. The issues pertain to two recent bankruptcies in the subprime auto-lending and auto parts manufacturing industries: TriColor Holdings and FirstBrands. About […]
Let’s briefly touch on risk. There are different types of risks, and I like to say that risk CANNOT be eliminated — only managed. Keep that in mind as we go through the types of risks. Financial Risk and Concentration: The Systemic Danger Concentration in financial systems creates elevated risk […]
The Thrill of the Wild “The whole way I’m driving out, I’m thinking I’m going to pull out this freaking $100,000 nugget.” The remark was recently made by 50-year-old Mike Hewlett, a welder from California. With gold now over $4,300 per ounce, he’s traded his hobbies of snowboarding, skiing, and dirt biking, […]
“Since 1789, the United States has paid all of our bills on time,” said former Treasury Secretary Janet Yellen. “In our history, we have never defaulted on our debt or failed to pay our bills,” said President Biden’s press secretary. “… the United States has never defaulted on its debt,” […]
The pool of speculative fervor will be drained, as impossible as that seems in this moment in history. 2025 may go down as The Year When Everything Happened in No Particular Order, tracking William Gibson’s famous line that “The future is already here, it’s just not very evenly distributed.” Those expecting […]
America’s aging population, combined with shrinking birthrates and falling immigration, mean fewer workers fund Social Security. Here’s how this demographic reversal could trigger a retirement meltdown… Retirement: That dream of living comfortably, traveling where you want, spending time with who you want when you want, enjoying good health, and getting […]
Did we just witness the economic trigger event that will cause the dramatic stock market crash that we were just warned about? On Friday, U.S. stock prices absolutely plummeted once President Trump announced that China’s new rare earth export restrictions would be countered by “a massive increase” in tariffs on Chinese imports […]
Shutdown Showdown At the time or this writing, the federal funding for the new fiscal year (FY 2026) has lapsed. The federal government bureaucracy is in partial shutdown. In Washington, D.C., and in federal offices across the nation, nearly a million people are either furloughed or clocking in for work […]
Is this “it?” Has the West finally lost pricing control of gold and silver? If so, is it going too far to suggest that there’s a gigantic monetary and financial reset on the way? Gold is screaming higher, and that’s concerning to everybody who is paying attention. Gold’s price has […]