You Are Here: Home » News » Banking Cartel (Page 2)

Miami court rules in favor of Bitcoin seller in criminal case because judge rejected the crypto-currency as being money

On July 26, a Miami, Fl court ruled in favor of a defendant who was charged with money laundering and 'illegally' selling Bitcoin. Prosecutors in Dade County had attempted to charge Michell Espinoza with money laundering for selling his Bitcoin currency to another party, alleging that to do so outside the financial and regulatory system was in violation of Federal statues.  However, the judge ruled against ...

Read more

China offers globalist agenda at G20 when they suggest an international tax system

For all their efforts in the past decade to support direct bi-lateral trade and political autonomy between trading partners, on July 23 China's finance minister put on a globalist hat and proposed to G20 ministers the need for a systematic international tax system to be used by all nations. An international or 'global tax' has been the desire of Western elites for many years, and the groundwork for one was ...

Read more

Hillary Clinton’s top choice for a running mate will be a friend to the banks

It is perhaps the epitome of ironic that the Republican candidate for President in 2016 is considered to be the anti-big bank choice while more and more it is appearing that the Democratic nominees are completely in the financial industry's corner. Over the past four days Donald Trump spoke often about re-instituting the safeguards that once limited banks from their casino speculation, and even hinted at th ...

Read more

Besides printing more pounds, the Bank of England wants to print a new digital currency

As the establishment axoim goes, if you can't beat them, co-opt them... and this is just what the Bank of England is looking to do by investigating in the creation of their own digital currency. Following the Brexit referendum vote last month, Britain has suddenly found itself unshackled from the tyranny of the European Commission.  And besides post-Brexit plans for a new round of money printing to stimulat ...

Read more

Wonder why the stock markets are at all-time highs? Because central banks are buying… well everything

Following the Brexit vote that tumbled global stock markets down an average of 4-7%, nearly all have not only recovered their initial losses, but in some cases have skyrocketed their markets to new all-time highs. For many analysts, these equity moves are believed to have been a result of either investors front-running soon to be central bank interventions, or of central banks themselves simply buying outri ...

Read more

As the stock markets get pumped to all-time highs, trust in the overall economy sinks to multi-year lows

Any investor with two brain cells knows that the recent jump in equities has nothing to do with a fundamental or technical change in the value of companies, but in central banks buying stocks to keep deceiving the public that the economy is doing well.  And despite all the hoopla of markets soaring to record new all-time highs in just six trading days at the beginning of July, the newest Gallup Poll on econ ...

Read more

Republicans seek to defeat Clinton twice by calling for return of Glass-Steagall in convention platform

As Hillary Clinton is all but a given to be the Democratic nominee for President in the November election, the Republican party is moving to to try to beat her and Bill twice this year.  That is because according to a new report on what planks will make up the GOP's convention platform this year, repealing the Gramm-Leach-Bliley Financial Services Modernization Act of 1999, and returning Glass-Steagall, app ...

Read more

Following Brexit, EU starting to eat their own remaining countries

For over a decade, the un-elected bureaucrats that run the European Union (EU) have slowly gained more and more political power over the nations that make up the continental coalition.  And in a sense it is no different than the way Washington D.C. has treated the 50 states who according to the original Constitution, were to have the primary power over the federal government versus the other way around. Fol ...

Read more

Following Japan’s new plans for helicopter money, one Fed President calls for its use in monetary policy

Japan has been a 30+ year petri dish for central banks around the world to watch and learn from their monetary policies.  And despite the fact that in that time the island economy has gone through five recessions, people have lost nearly all their purchasing power, central banks own over 50% of all market assets, and in 2016 have seen their sovereign debt now issued in negative rates, both the Fed and the E ...

Read more

European Union wants to now monitor all Bitcoin transactions when used within Eurozone

As the financial and banking systems begin to implode all across the Eurozone, a new proposal by the European Commission (EC) seeks to dissuade the use of Bitcoin as an alternative to devalued fiat currencies by attempting to monitor all customer transactions under the guise of 'terrorism and money laundering'. Bitcoin is crypto-currency which was created to allow de-centralized commerce between two parties ...

Read more

European banking system ready to implode unless the ECB comes up with $150 billion or more in bailouts

Over the weekend, Europe's most toxic and insolvent bank (Deutsche Bank) came out with an announcement that if the European Central Bank (ECB) didn't come up with $150 billion or more in new funding to bailout the continent's banking system, then it could potentially face an 'accident' similar to 2008's 'Lehman moment'. And it is not the largest German bank that is the sole institution in need of recapitali ...

Read more

Global bonds at negative yield reach $13 trillion as the Dutch join in with the rest of the EU

We may have to rename the global bond market to 'Fast and Furious -1.0' because that is exactly what is happening to the expanding amount of sovereign bonds in both Europe and Japan.  Last week, bonds with a negative yield were estimated to be about $11.5 trillion, and just one week later, that amount has grown by 11.5% to now be around $13 trillion. And the newest member to join the negative yield club are ...

Read more

© 2012 Secrets of the Fed