Category Archives: Financial

US Deposits In Perspective: $25 Billion In Insurance, $9,283 Billion In Deposits; $297,514 Billion In Derivatives

Posted on March 19, 2013 by DRenegade

Earlier today, the American Banking Association reminded Americans that there is absolutely nothing to worry about when it comes to the sanctity of US deposits: after all there is a whopping $25 billion in the FDIC insurance fund which means … Continue reading →

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It is Spreading

Posted on March 19, 2013 by LT

National planning Cyprus-style solution for New Zealand Tuesday, 19 March 2013, 11:32 am National planning Cyprus-style solution for New Zealand. The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose … Continue reading →

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At What Point Can You Declare That A Civil War Has Begun?

Posted on March 19, 2013 by LT

I originally posted this on September 7th, 2012, just 4 days before the attack in Benghazi.  I am republishing it now because I believe folks need to be reminded that what you don’t know *can* hurt you and your family. … Continue reading →

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Testing The Threshold

Posted on March 19, 2013 by LT

They are testing the threshold of society’s tolerance for banking outages, here, in the UK, and EU.  There have been more major bank “outages” in the last 2 years than in the previous decade, folks.  Please be prepared – have actual cash money … Continue reading →

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As long as “your” vote can be bought, “our” Liberty has been sold

Posted on March 19, 2013 by DRenegade

The news below that 57% of Americans have less than $25,000 in savings and investments may portend that we have already passed a point of no return. Is the United States the wealthiest country in the world? Not based on … Continue reading →

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What A Surprise: Another Victory for Jamie Dimon

Posted on March 19, 2013 by DRenegade

As expected, the two tiered justice system that has replaced Liberty in the United States has rendered unto Caesar. JP Morgan’s manipulation of the silver market is not about the price of silver: it is about control. But the cracks … Continue reading →

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DHS Insider update: It has begun

Posted on March 18, 2013 by DRenegade

Much like my high-level source within the U.S. Department of Homeland Security outlined in a series of interviews beginning last year, the orchestrated collapse of the U.S. dollar and the entire world’s economic system has begun. The first shots in a global economic … Continue reading →

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Plant has not produced a single battery designed by lab where Obama spoke Friday, IG reports

Posted on March 18, 2013 by DRenegade

President Barack Obama touted a plan to step up green energy subsidies on Friday at an Energy Department laboratory that critics say is emblematic of the government’s failure to succeed with taxpayer-funded green energy projects. The University of Chicago-based lab … Continue reading →

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Cyprus Bank Holiday Extended to Thursday

Posted on March 18, 2013 by DRenegade

The Cypriot bank holiday has been extended from Monday to Tuesday to Thursday. The people are out in the streets and every nation is denying responsibility for the “terms” of the bailout which was the confiscation of private property. If … Continue reading →

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Ireland is the Next Cyprus

Posted on March 18, 2013 by LT

This isn’t a long post, just a brief set-sum analogy to make you think.  Ireland, Bermuda, and the Cayman Islands are the British/US analogues of Cyprus in relation to wealthy Russian investors – off-shore “tax havens”. I have picked Ireland … Continue reading →

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Your Course of Action Should Be Determined by Common Sense

Posted on March 18, 2013 by DRenegade

I disagree with the premise below “that the authorities would rather you withdrew it, and injected it into the economy, in a desperate attempt to raise the velocity of money”. If that was the case, they could declare a bank … Continue reading →

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Nikkei Opens Down

Posted on March 17, 2013 by DRenegade

The Nikkei has opened down 1.56% At 12,365.44. After ten minutes, it is down 2% at 12,309.80.   Predictions for the Japanese market prior to the open were 5oo points down. The whole world is watching. David DeGerolamo

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This Crazy Cyprus Deal Could Screw Up A Lot More Than Cyprus…

Posted on March 17, 2013 by DRenegade

You can be forgiven for thinking that you don’t need to give a hoot about what’s going on in Cyprus this weekend. After all, it’s just a little island somewhere in the Mediterranean. But what’s going on in Cyprus could … Continue reading →

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CYPRUS PARLIAMENT DELAYS BAILOUT VOTE, BANK HOLIDAY EXTENDED TO TUES, PRESIDENT WARNS BANKS WILL COLLAPSE IF NOT PASSED

Posted on March 17, 2013 by DRenegade

In his interview with The Doc last week, Jim Willie stated that THE COLLAPSE IS ON OUR DOORSTEP! and made the case that the great financial reset will begin with a small trigger in Europe.  The Cypriot depositor haircut to bailout the Cypriot banking system is beginning … Continue reading →

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Italy’s Property Confiscation Is Next

Posted on March 17, 2013 by DRenegade

So now we are seeing what “fair share” really means: confiscation.  Eat the “rich” to feed the poor has been a refrain since the 1960’s. Except now the banks are the ones being fed. Merkel is pulling the strings but … Continue reading →

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