You Are Here: Home » News » Banking Cartel (Page 5)

German economists jump on the ‘end of cash’ bandwagon

They say that when something occurs a single time it is a coincidence. Then if it happens a second time it is a pattern.  But if the same event or philosophy occurs, or is promoted by numerous sources and from several different locations, then that thing has expanded fully into a trend. The war against cash, and in particular, the call to end the use of cash, has now emerged into a full fledged trend, and o ...

Read more

FDIC closes first U.S. bank in nearly 3 months bringing total number in 2015 to 5

Edgebrook Bank, located in Chicago, IL, was closed down by the FDIC on Friday, May 8.  This bank failure is the first one for the month of May and is the fifth overall bank closure for 2015. 5/8/2015 *** Illinois *** Chicago *** Edgebrook Bank *** $16.8 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $16.8 million. If you were banking at Edgebrook Bank in Chicago, IL, you ...

Read more

Russia, China, India, Brazil and South Africa (BRICS) Announce Their Own International Reserve Bank

Russia and China are once again saying, “Take that, America.” VIA| President Vladimir Putin approved a new $100 billion reserve fund over the weekend that will specifically aid the BRICS nations: Brazil, Russia, India China and South Africa. It’s another step by the BRICS to build an alternative so they don’t have to go to the United States or the International Monetary Fund for any financial help. BRICS le ...

Read more

J.P. Morgan accumulating hundreds of millions of ounces while paper market price remains low

As we have noted many times in our writing, if you want to become rich, watch and do that the rich do when it comes to investments.  And despite the fact that banks like J.P. Morgan have used the paper Comex market to short the spot price and protect their paper derivative positions for several years now, one thing is for certain, they are not discounting ownership of physical silver and in fact, have accum ...

Read more

THESE 10 CORPORATIONS CONTROL ALMOST EVERYTHING YOU BUY

Reddit.com (click the graphic above to see a larger version) shows that most products we buy are controlled by just a few companies. It’s called The Illusion of Choice. Ever wonder why you can’t get a Coke at Taco Bell? It’s because Yum Brands was created as a spin-off of Pepsi — and has a lifetime contract with the soda maker. Unilever produces everything from Dove soap to Klondike bars. Nestle has a big s ...

Read more

Western bankers have nearly achieved total control over economic, financial, and political policies

When Rothschild issued his famous decree, "Give me control of a nation's money and I care not who makes it's laws", it was not fully understood at the time what this would entail for the Western world.  But hundreds of years later, these ominous words have come to pass and the private banking cabal has nearly achieved its goal of complete and total control over the economic, financial, and political policie ...

Read more

Bank of America being investigated by the SEC for a form of re-hypothication on their customsers

The MF Global bankruptcy from a few years ago revealed the little known truth about Wall Street today, which is that brokers can and do use customer funds and accounts for their own profit to the detriment of their clients.  And while a futures trading firm is a little bit different than a standard broker like Bank of America, the SEC does not take putting customer accounts at risk lightly and investigating ...

Read more

Greek government now facing municipal rebellion over new bank decree

When the Greek government chose two weeks ago to institute a decree calling for all non-working cash to be transferred immediately to the central bank, local municipalities protested and prepared for a confrontation.  That rebellion has now come about as on April 27, the Central Union of Municipalities and Communities of Greece ("KEDE") announced they were unilaterally rejecting the legislature's decree and ...

Read more

Is the IMF trying to beat China in the creation of a new reserve currency?

Earlier this year, China announced that they will have their new SWIFT system fully functional by either September or October and can then fully float the Yuan currency worldwide.  Many are believing that once SWIFT is up for the world's largest economy then it will be the end of the dollar as the global reserve currency. However, a new report out from Stansberry Research is alleging that the IMF is not pla ...

Read more

U.S. financial police nab scapegoat trader to protect continued manipulation by HFT systems

In the middle of 2014, the world finally got a look at how brokers and hedge funds manipulate the stock markets through High Frequency Trading (HFT) computers that see every trade before it happens, and can submit billions of trades before the regular investor's request is filled.  The outlay of this fraud was described in the fictional novel by Michael Lewis titled, Flash Boys, and led to a full blown prop ...

Read more

J.P. Morgan Chase accelerates war on cash by disallowing customers to keep money in safety deposit boxes

Excerpted from article over at To the Death Media: First it was a policy of reporting anyone who deposits or withdrawals more than $10,000 in cash.  Then a chief economist from Citigroup calls for the abolishment of cash entirely.  And now on April 21, J.P. Morgan Chase is unlawfully enacting a new policy where customers cannot store cash in their safety deposit boxes, nor will the bank allow customers to u ...

Read more

Deutsche Bank gets off with $2.5 billion fine and no jail time for largest criminal fraud in history

Excerpted from article over at To the Death Media: On April 22, the Department of Justice announced that Deutsche Bank had agreed to pay $2.5 billion for their role in the Libor fraud scandal.  The manipulation of Libor rates is the largest criminal fraud in the history of finance, and had affected interest rates for billions of loans and credit transactions over the past 10 year period. And as is par for t ...

Read more

© 2012 Secrets of the Fed