Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

Donate Via Paypal

Revolver Maps

Emergency Essentials/BePrepared

Disclaimer

ALL CONTENT ON 'SILVER FOR THE PEOPLE' AS WELL AS THE 'BROTHERJOHNF' YOUTUBE CHANNEL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'SILVER FOR THE PEOPLE' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, FUTURES, OR BULLION. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

Donate Via Paypal

Great Graphic: Periphery Runs C/A Surplus, but Problems Remain

marctomarket.com / by Marc Chandler / August 27, 2014

This Great Graphic was tweeted by Mark Yusko. He got from Credit Suisse Research, who drew on Thomson Reuters data. It shows the current account balance of the four main European peripheral countries on a 12-month rolling basis over the last several years.

Before the [...]

As Chinese Credit Plummets US Stocks Soar On Hopes Of More PBOC Easing; But Is Conventional Wisdom Again Wrong?

zerohedge.com / by Tyler Durden on 08/13/2014 22:19

For those who are perplexed why today stocks soared despite a renewed battery of horrendous economic results, the answer lies in China, where overnight the PBOC reported that July aggregate credit creation (aka Total Social Financing), at least the “as reported” variety, plunged by the most ever, [...]

They’re Back – Credit Default Swaps for the Next Generation

armstrongeconomics.com / Martin Armstrong / August 13, 2014

Just when you thought the bankers learned their lesson, sorry, They’re Back! Here we go again with bankers creating the next generation of credit-default-swaps. Bankers should just be bankers. Creating products destined to blow up when they are the market-makers is just nuts. Now JPMorgan Chase [...]

The Credit Bubble’s “Final Frontier” – Meet Goldman’s Fixed Income Global Structured Covered Obligation

libertyblitzkrieg.com / Michael Krieger / Aug 11, 2014

Fixed Income Global Structured Covered Obligation. Say that three times fast.

According to yesterday’s Wall Street Journal, the bailed out financial criminals at Goldman Sachs are set to launch the latest and greatest toxic derivative product directly into the portfolios of willing muppets [...]

The Panic Of August 2007: Seven Years After The Money Markets Fractured, The Fed Still Adheres To An Outmoded Monetarist Paradigm

davidstockmanscontracorner.com / by Jeffrey P. Snider / August 11, 2014

It is hard to believe that this past weekend marked the seventh anniversary of the paradigm shift in global financial function. Everything that has occurred in the years since can be traced to those days in August 2007 when money markets broke [...]

More Economic Madness in Japan

“Sloshed as I am…” – Shinzo Abe devises housing policy after the third bottle of Sake (Photo credit: Yuya Shino / Reuters)

acting-man.com / Pater Tenebrarum / August 6, 2014

Same Old, Only More Of It

We sometimes try to imagine how Shinzo Abe and his cadre of economic planners are coming [...]

Argentina – Deadbeat State Goes on the Attack

Alejandro Vanoli, president of Argentina’s market regulator Comision Nacional de Valores , the authority now tasked with a faux “investigation” into the holdouts (Photo credit: Reuters / Enrique Marcarian)

acting-man.com / Pater Tenebrarum / August 5, 2014

Argentina Wants to Investigate Holdouts for “Insider Trading”

In a way this is really [...]

Euro Area Credit and Money Supply

acting-man.com / Pater Tenebrarum / August 5, 2014

Loans to the Private Sector Keep Declining, Money Supply Growth Slows

We want to briefly update the most important credit and monetary data of the euro area, which we last briefly discussed in March (see: “Overview of Recent Monetary Trends”, which focused however more [...]

CDS Triggered: ISDA Confirms Argentina Credit Event Took Place

zerohedge.com / by Tyler Durden on 08/01/2014 12:00

Moments ago ISDA, which yesterday was queried whether a CDS-triggering credit event had taken place in Argentina, made a ruling. Here it is:

The Americas [Determinations Commitee] met on August 1, 2014 and resolved that a Failure to Pay Credit Event in relation to the [...]

5 Things To Ponder: The Interest Rate Conundrum

streettalklive.com / Lance Roberts / 01 August 2014

After several months of quite complacency, investors were woken up Thursday by a sharp sell off driven by concerns over potential rising inflationary pressures, rising credit default risk and weak undertones to the economic data flows. One of the primary threats that has been readily dismissed by [...]

“Markets In Turmoil” Russell 2000 Plunges Most In Over 2 Years, Dow Down For 2014

zerohedge.com / by Tyler Durden on 07/31/2014 16:05

The deer is back…

Stocks finally snapped and caught down to high-yield credit’s warnings. The worst day for the Dow in 6 months, smashing through its 50- and 100-day moving-average. The Russell 2000 was worst on the day to end July down over 6% – [...]

Collection nation: One out of three consumers have debts in collection over the past year. A total of 77 million Americans are having problems managing their debt. 22 million consumers have zero credit.

mybudget360.com / by mybudget360 / July 29, 2014

A recent report by the Urban Institute and Encore Capital Group’s Consumer Credit Research Institute has found some rather startling news about consumer debt in the United States. Over one third of consumers had some sort of debt in collection over the past year. Of [...]

The One Rate That Is Not Only Not Going Down, But Is At A 13-Year High

zerohedge.com / by Tyler Durden on 07/29/2014 14:48

With 77 million Americans having debt past due and the average household owing more than $15,000 in credit card debt, it appears the Fed’s supposed plan to ‘help Main Street’ is not working so well. As the following chart from NewEdge’s Brad Wishak shows, despite Fed Funds [...]

Whopping 35% Have Debt in Collection! Delinquent Debt in America: By Region and Metro Area, Where Is?

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / July 29, 2014

The Urban Institute has an interesting 14-page synopsis on Delinquent Debt in America.

By percentage, the number of people in collections is largely concentrated in the South, while amount owed shows no geographic pattern. The Urban Institute uses 2013 credit bureau data from TransUnion [...]

High-Yield Credit Hits 10-Week Wides As Stocks Bounceback To Unch

zerohedge.com / by Tyler Durden on 07/28/2014 16:03

Despite an early dump on dismal data, US equity markets (except Trannies) ‘v-shape-recovery’ed back up to unchanged or better (as Europe closed and POMO ended) on the heels of an increasingly more beta-sensitive AUDJPY rampfest. Trannies never really recovered (3rd down day in a [...]

Chinese Commodity Contagion Leads To First Letter Of Credit Settlement Failure

zerohedge.com / by Tyler Durden on 07/18/2014 17:44

At the heart of the China Commodity Financing Deals (CCFD) is the ability to leverage a letter of credit on the basis that there was some collateral somewhere that backed the risk of this rehypothecatable ‘money’. Until now, the biggest concern has been “where’s my copper, [...]

Credit Guarantees, Fraud, Corruption Fuel China’s Credit Bubble; Bankruptcies Rock Loan Guarantors; Beginning of the End?

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / July 9, 2014

Bankruptcies Rock Loan Guarantors

In China, loan guarantors are going bust at a sharp pace. Many more bankruptcies are on the way. The setup is quite reminiscent of the implosion of credit insurers Ambac and MBIA during the US housing bust.

The [...]

Consumer Credit Card Debt Tumbles, Non-Revolving Credit Soars Most In 15 Months

zerohedge.com / by Tyler Durden on 07/08/2014 15:19

Remember that epic spending spree that took place in March when consumers cleaned out their savings account and which resulted in a surge in March retail spending in consumer outlays? Now we know that in addition to borrowing from their savings, consumers also “charged” it, [...]

“My Credit Score Is Terrible…I’m Surprised They’d Give Me So Much [Credit]“

zerohedge.com / by Tyler Durden on 06/26/2014 22:20

“Even though [those borrowers] could be considered subprime, they’re still creditworthy,” is the deja-vu all over again message from the Financial Services Roundtable, who proudly crow, they are “starting to see an environment where issuers are feeling more comfortable to extend credit.” How great is that? What [...]

European Credit Dirigisme

acting-man.com / By Pater Tenebrarum / June 25, 2014

Plan A

In its most recent monetary policy announcement, the ECB council introduced a new type of long term financing instrument, the so-called “TLTRO”, short for “targeted long term refinancing operation”. The reason is that the ECB has noticed that in [...]