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Major banks finally admitting the dollar is in trouble

On Feb. 16, a Bank of America analyst announced that the global economy is giving out clear warning signs that the dollar is entering into serious trouble, which adds more credence to John Williams recent assertion that 2014 will be the year of a dollar panic. Global financial and commodity markets are warning that the US Dollar is in for a bout of trouble, warns BofAML's Macneil Curry. Across asset classes ...

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Millionaire Harvard economist pulls money out of bank from fear of Fed policy

There is an old axiom in the world of stock markets, which is, you cannot catch a falling knife.  This analogy refers to the fact that when a stock or entire market begins to sell off, it is usually the insiders and big fish who are able to get their money out by making the first moves, while everyone else attempts to sell with few buyers and in the end, lose their shirts. It is the same way in banking, whe ...

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Wall Street adviser suggests guns and ammo needed for financial apocalypse

One day before the Christmas holiday, a well respected Wall Street adviser provided some interesting suggestions to a group of investors wondering about economic turmoil in the coming days.  In a memo as part of a series titled, Potential for a Financial Apocalypse, financial adviser and Forbes contributor David John Marotta suggested that in any list of items people should have ready in case of a financial ...

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