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Authored by Mike Shedlock via mishtalk, Sanctions and tariffs have not only united China and Russia, but also the world against dollar dominance. Our Biggest Miscalculation Eurointelligence has an interesting article on Our Biggest Miscalculation. Let’s tune in. The biggest geopolitical …
The identity behind Bitcoin’s creation remains unconfirmed. In October 2008, a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” appeared under the pseudonym Satoshi Nakamoto. The network went live in January 2009. While the name is Japanese, linguistic and …
Elon Musk is expanding X into the financial sector, making it more than just a social platform. The company has officially entered beta testing for X Money, giving select users access to its payment and banking features. Musk confirmed the …
xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs …
https://twitter.com/pop123abc8989/status/1878998704272949546
The Insider Transaction Ratio (sales-to-buys) is back in bearish territory. via @hmeisler pic.twitter.com/kcAv13VryR — Daily Chartbook (@dailychartbook) November 12, 2024 Good Morning 🙃 pic.twitter.com/TD7ZOUTVtR — Amy Nixon (@texasrunnerDFW) November 12, 2024 The 10 year yield is ripping again. About to …
By Martin Armstrong The Biden Administration is pushing banks to report every $600 transaction, whether a deposit or withdrawal, from every business or personal account. The Democrats want everything, and no matter how much they collect, they will always spend …
Earlier this month JP Morgan Chase issued a press release stating they are now ‘Connecting 80 Million U.S. Consumers with the Brands They Love’, which is a polite way of saying the major bank is selling customer transaction histories to …
The Vanguard Cash Plus Account is a cash management account that features a bank sweep insured by the Federal Deposit Insurance Company (FDIC) and offers a competitive yield on your short-term savings. You can use the bank sweep as a low-risk …
https://twitter.com/ClownWorld_/status/1717585214904418362 PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report Chinese oil and gas company PetroChina (0857) has completed the first international crude oil trade using the country’s central bank digital currency (CBDC), the e-CNY, China Daily …
“Westpac Bank expands cash transaction options at branches nationwide. Bank customers will have easier access to their money as one major bank expands its cash transaction options.” https://www.news.com.au/finance/business/banking/westpac-bank-expands-cash-transaction-options-at-branches-nationwide/news-story/3cf4ec3f404ddd0124ac21ac092b2210 “More Westpac customers will have easier access to their money as bank …
Fed Target is 5.25%-5.5% overnight rate is 5.3%. A) Banks tell Fed how much extra money is there by putting it in overnight deposits for given target rate. B) Banks are forced to charge more then the target rate to …