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This compilation of financial-related insights includes videos from Joe Blogs, Lena Petrova, Wealthion, As Good As Gold Australia, and The Atlantis Report.
Joe Blogs talks about Argentina’s collapse with inflation at 124% and interest rates at 118%. Lena Petrova discusses the Fed’s new system similarities with CBDCs. Lance Roberts joins Wealthion host Adam Taggart to discuss new market highs by the end of the year. Bill Holter joins As Good As Gold Australia to talk about bank deposits being down to $1 trillion within the next 12 months. The Atlantis Report shares news of why the banking crisis 3.0 is already here.
Joe Blogs
Sep 16, 2023
ARGENTINA is facing ECONOMIC MELTDOWN as Inflation hits 124%, Interest Rates are now at 118%, the country is in the middle of a 3 year DROUGHT, the PESO has been DEVALUED and the country is facing a PRESIDENTIAL ELECTION in October. The new leader in the polls is a controversial far right candidate who wants to SCRAP the Peso & the Central Bank and move Argentina to using the US DOLLAR. In this video I provide full details of the current situation and discuss the outlook for the next 3 to 6 months.
Lena Petrova, CPA – Finance, Economics & Tax
Sep 16, 2023
U.S. CBDC Test Run: Fed’s New System Similarities With CBDCs | FedNow Is a Precursor To CBDCs
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Wealthion
Premiered Sep 16, 2023
Portfolio manager Lance Roberts & Wealthion host Adam Taggart discuss the odds of new market highs by year end, the timing of increasing duration exposure for long US Treasurys, stock buybacks, next week’s Federal Reserve update, and more.
As Good As Gold Australia
Sep 16, 2023
In this interview, Darryl and Brian Panes from As Good As Gold Australia interview financial and precious metals icon, Bill Holter.
US bank deposits have reduced by USD$1 Trillion over the twelve months to May of this year, and the public are pulling their cash out at a record pace.
Greg Mannarino says that a quiet revolution has begun and people are unbanking themselves. He refers to a quote from the movie ~ Margin Call, ‘be first, be smarter’. Could this lead to the banks experiencing a liquidity crisis and what measures may they take in the process?
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It has been 52 years since President Nixon took the world off the gold standard and we can now see the world debt levels are becoming intolerable.
Are the BRICS nations, and in particular, Russia, firmly moving forward with the process of implementing a commodity gold standard.
“Debt destroys nations, not just sometimes, but everytime.”
During President Eisenhower’s term from 1953 – 1961, the US experienced an increase in debt of 20 billion dollars or 0.9% per year under a gold standard.
During President Barack Obama’s term from 2009 – 2017, debt increased by US$8 trillion or 8.75% per year under a fiat currency standard.
Now we are hearing from the US treasury department that in the last 6 months of 2023, they will need an extra US$1.8 trillion to pay the bills.
What effect will this have on the economic future of the United States?
Jim Sinclair has always said, “become your own central bank.” Now that many more central banks are purchasing gold at record rates, is this quote of Jim’s more applicable now than ever before?
The Atlantis Report
Sep 16, 2023
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The acquisition of Silicon Valley Bank by First Citizens Bank could signal a turning point in the banking crisis. This marks the first instance of a bank acquisition following a failure since the 2008 financial crisis. It underscores the government’s commitment to taking necessary actions to safeguard the financial system, potentially contributing to its stability. Under the agreement’s terms, First Citizens Bank acquired Silicon Valley Bank’s assets, totalling $110 billion, comprising $56 billion in deposits and $72 billion in loans. This acquisition comes at a discounted price of $16.5 billion. First Citizens Bank will not make an upfront cash payment for the deal. Instead, it has granted equity appreciation rights in its stock to the FDIC, which could have a value of up to $500 million. The FDIC will provide support for the transaction, estimating that it will cost its FDIC Insurance Fund approximately $20 billion due to Silicon Valley Bank’s failure.
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