Category Archives: Financial

German Endgame

Posted on May 29, 2012 by DRenegade

So it all comes back to gold. As Zerohedge.com predicted on February 23rd, 2012 followed by the announcement today of “the European Redemption Pac”. Whoever has the most gold wins. As in Atlas Shrugged, see what the looters are buying to protect … Continue reading →

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The risk of stealth bank runs in periphery euro nations turning into full scale bank runs are deepening

Posted on May 29, 2012 by DRenegade

What is worse than a bank run? A stealth bank run. European governments and media do not want bank runs reported even though they have occurred for several months. What are people putting their faith (and assets) for currency: Dollar … Continue reading →

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Europeans are about to start the second half our Great Depression with massive bank runs

Posted on May 26, 2012 by DRenegade
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A Currency Crisis, Up Close

Posted on May 26, 2012 by DRenegade

Dave Gonigam – May 2012 A currency crisis, coming soon to an economy near you: Irish trading in punts again, while Argentines deal contraband dollars at schools and offices    This is what a currency crisis looks like: When something that … Continue reading →

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Jim Cramer: Bank Runs in Southern Europe

Posted on May 26, 2012 by DRenegade

A press release from Sunday’s (May 27th) Meet the Press has Jim Cramer predicting “financial anarchy” in Europe. He left Greece out of the bank run scenario since they have already experienced runs as people withdrew their Euros out of … Continue reading →

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GBTV Understands Bank of America

Posted on May 24, 2012 by DRenegade

httpv://www.youtube.com/watch?v=07QJm7Gp_mM The Bank of America Declaration

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Bank Runs: What Me Worry?

Posted on May 24, 2012 by DRenegade

Based on the following information from Google, it appears that people are becoming sentient concerning the pending worldwide economic collapse. Of course the best defense against a bank run is not to have money in a bank. David DeGerolamo Google … Continue reading →

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Why Are Central Banks Buying Gold?

Posted on May 24, 2012 by DRenegade

Central banks are buying gold to back up their currencies when the worldwide economic collapse occurs. How much will gold rise? Morgan Stanley believes it will hit $2175 in 2013. Most conservative estimates are at least $2000 in 2013. If governments … Continue reading →

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Another Broker Goes Galt

Posted on May 23, 2012 by DRenegade

httpv://www.youtube.com/watch?v=ERLiHp0d3kQ From YouTube: Woody O’Brien says that he’s decided to do a “Barnhardt’ and get out of the markets while the gettin’ is good. O’Brien says he’s been told by regulators that federally regulated brokers should not be giving advice … Continue reading →

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PENSON STOCK COLLAPSING. GET OUT OF THERE.

Posted on May 23, 2012 by DRenegade

Seriously. If you or anyone you know has money in a Penson-cleared account, you really, really need to be getting out of there. This includes futures, stocks, anything. In fact, the vast majority of their business is on the equities … Continue reading →

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When You Can’t Blame Bush, Blame the Tea Party

Posted on May 22, 2012 by DRenegade

Biden: Tea Party stopped us from growing economy Vice President Joe Biden admitted to a group of supporters in New Hampshire this afternoon that the President would have been able help the economy “much, more” if the Tea Party hadn’t … Continue reading →

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What’s Really Happening in Europe?

Posted on May 22, 2012 by DRenegade
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The Consequences of Growth Over Austerity

Posted on May 22, 2012 by DRenegade

Obama’s plan for an economic recovery in Europe is simple: abandon austerity measures and concentrate on growth. The real message is “everything will be fine after the next election: just kick the flexible can down the road”. Sentient people know … Continue reading →

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The Losses at JP Morgan Continue to Rise

Posted on May 22, 2012 by DRenegade

Jamie Dimon is finally receiving the recognition that he is due. This man is controlling the fate of the financial world on the same level as George Soros. When Dimon speaks, Obama jumps as high as if he was a … Continue reading →

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Black Swan Siting?

Posted on May 21, 2012 by DRenegade

If the French nationalize their banks as outlined this past weekend, this could cause a Black Swan scenario by collapsing the Euro. Whatever economic, political or natural catastrophe causes the final economic collapse, we can be assured of three facts: … Continue reading →

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