A hub for independent voices and hard truths
Russia’s summer offensive in Donetsk just punched a hole through Ukraine’s mineral strategy. In late June 2025, Russian forces seized the Shevchenko lithium deposit, a 40-hectare site near the village of the same name. That patch of ground holds one …
Meanwhile, in Japan………🇯🇵 pic.twitter.com/8MSA3iIWOX — The Great Martis (@great_martis) June 25, 2025 I’d love to know so badly which financial institution is in such a poor shape they cannot find 21m EUR anywhere else but with the ECB https://t.co/viqhwXStOE — …
Dollars under the mattress: In Argentina, keeping savings outside the national banking system − whether hidden at home, in private vault companies, or abroad − and in US dollars is a deeply rooted habit. It stems from a long-standing mistrust …
A recent discovery has drawn attention to a deposit containing about 1,000 metric tons (1,100 US tons) of high-quality gold ore. If ultimately proven true, this massive find would make it the largest gold deposit on Earth The news has turned …
China believes it has found the world’s biggest gold deposit, with reserves estimated to be worth more than $80 billion. Chinese state media said that a gold ore deposit site with supposed reserves of more than 1,000 tonnes at a …
Imagine how much higher interest expense pushes debt if the Fed can't keep long term interest rates at current yields or lower. pic.twitter.com/sIT53e4n5e — David Sommers (@dgsommersmkts) November 5, 2024 I have seen more than my fair share of financial …
By Martin Armstrong I have said numerous times that your personal belongings are at risk in safety deposit boxes. The Fourth Amendment was intended to protect Americans from illegal search and seizures, but as we have seen in recent years, …
https://www.youtube.com/watch?v=-4VTF9_Vnm4 The global economy relies heavily on the banking sector, which is currently facing significant challenges. Recent events have sent shockwaves in financial markets and raised doubts about the stability of our banking system. Statements by Treasury Secretary Janet Yellen …
THE FBI OVERSTEPPED its constitutional authority when agents searched hundreds of safe deposit boxes without warrants in 2021, a federal appeals court ruled. The court compared the FBI’s tactics to the kind of indiscriminate searches that led to the enactment of …
The FBI’s seizure of contents from safe deposit boxes during a raid on a Beverly Hills vault in 2021 violated the U.S. Constitution, a federal appeals court ruled on Jan. 23. Agents raided U.S. Private Vaults, a business that allowed …
via oilprice: Chile’s SQM has announced that it has suspended operations at the Atacama salt flat due to widespread protests by an indigenous community. Local groups have taken to the streets demanding to be included in talks between SQM and the government. …
The survey shows that 70% of Chinese will continue to save and 30% will take action, involving $5 trillion. Source: Bank of China.Now all Chinese are discussing what to do with deposits. 🇨🇳 #China’s 30-Year Yield Hits Lowest Since ‘05 …
2/4Lower deposit rates may be justified, given low and negative inflation, but their impact on Chinese consumption is complex. On the one hand, they may encourage Chinese households to save less out of current income, although this depends on their …
JPMorgan Chase’s handling of Lois White’s account, freezing it over a government check deposit, raises serious concerns about the bank’s customer service and accountability. The abrupt termination of her account, despite providing proof and documentation, underscores potential flaws in Chase’s …
by confoundedinterest17 The song “Running on Empty” by Jackson Browne comes to mind when analyzing the state of American banking, especially regional banks. Yesterday we found out that inflows to money-market funds continue to be huge ($290BN in six weeks), and more importantly, regional …
“Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue…surge of “outages” reported by banking customers Fri morning, incl Bank of America, Chase, Truist, U.S. Bank…” via @CNBC “Customers at several big …
Morgan Stanley’s stock takes a significant dive, while Bank of America sees a decline in deposits, albeit slower than JPMorgan Chase, amid increasing competition for deposits. The U.S. commercial property sector is experiencing its highest distress level in a decade, …
Interest rates on bank deposits are reaching rock bottom, with major banks offering meager rates like Wells Fargo at 0.15%, Citibank at 0.05%, Chase, Bank of America, and US Bank all hovering at a mere 0.01%. In contrast, alternatives to …
Geologists have uncovered what they believe could be the world’s largest lithium deposit inside an ancient supervolcano along the Nevada-Oregon border in the US. Clay containing up to 40 million metric tons of the precious metal was identified throughout the …
Speaking of under-funded banks, Schwab just announced they are cutting jobs AND raising debt. https://t.co/Bd8grqcl0J Market not happy as exploding money market yields pressure banks to raise deposit rates or face mass exodus. pic.twitter.com/ugidUJHuIW — Mac10 (@SuburbanDrone) August 22, 2023 …
by confoundedinterest17 US personal savings are being exhausted as The Fed raises rates to fight inflation. I call this phenomenon “low riding” where consumers are being punished by The Federal Reserve and Biden Administration. Meanwhile, large bank loan volumes are shrinking. With money-market …
by Dismal-Jellyfish Table 1 (PDF) | Table 2 (PDF) | Charts (PDF) Wut Mean?: Commercial and Industrial (C&I) Lending: Banks tightened standards for C&I loans to businesses of all sizes. All loan terms for C&I loans, like rate spreads, premiums on riskier loans, credit …
by Dismal-Jellyfish Source: https://www.fdic.gov/news/financial-institution-letters/2023/fil23037.html The FDIC observed that some insured depository institutions (IDIs) are not reporting estimated uninsured deposits in accordance with the instructions to the Consolidated Reports of Condition and Income (Call Report). For example, some institutions incorrectly reduced …
by confoundedinterest17 The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF national banks) …
by Dismal-Jellyfish It gets even more interesting! 1 year ago: 3/16: 18,073.5395 Billion. High was hit 4/13/2022: 18,130.6814 Billion. Over half a trillion in deposits pulled in the last year! Board of Governors of the Federal Reserve System (US), Deposits, …