from WND:
Refuses to explain abrupt cancellation of business, personal services
An old-line banking corporation has launched an attack on vaccine skeptic Dr. Joseph Mercola by closing his business account, according to a report from the Daily Caller News Foundation.
The publication said it obtained copies of documents showing the accounts closed by JPMorgan Chase include those for Mercola’s business, Mercola Market, officers of his company and an officer’s wife.
by Joseph P. Farrell, Giza Death Star:
There’s a lot of focus on banks out there right now, and deservedly so. Nor do I need rehearse all the reasons why that focus and concern is well deserved, nor could I do so even if I tried. I’m not a finance or investment expert, and when it comes to such things I leave them to my friend and colleague in this alternative media and research field, Catherine Austin Fitts. But we all probably have more or less the same list of factors: the financial meltdowns of 2008, the mortgage fraud, the credit default swaps, the bundling of ever larger amounts of ever more dubious securities in larger and larger tranches, the unmentionable derivatives crisis, so-called digitial, or crypto-currency and all the scams associated with it:
by Jim Quinn, The Burning Platform:
“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…”
The government collects $2.6 trillion of individual taxes at the point of a gun and threat of prison. Meanwhile they still operate at an annual deficit of $2 trillion. And this is before interest on the national debt starts to really skyrocket. Our Troll Secretary of the Treasury Yellen had the opportunity to lock in trillions of our national debt for 30 years at 2% rates, but purposely kept rolling it on a short-term basis.
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Jeremy Slayden and Chris K join me to discuss the border treason of Joe Biden and Alejandro Mayorkas, two white men who despise all white men who aren’t in the big satanic club. We also shine the light of truth on the trans insanity and much more. Thanks for tuning in.
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MENTIONED: Dr. John Coleman – Committee of 300
https://thephaser.com/2023/05/must-hear-the-most-important-speech-take-notes-dr-john-coleman/
US debt: SHOTS FIRED
The US has to self finance its deficit now ROW is no longer buying it.
The banks will be pressured, and it will make its way down to households..**As discussed in this space several times**
The path “how” just revealed itself.
Dealers (the same ones we… pic.twitter.com/jfvkxVFFEq— VBL’s Ghost (@Sorenthek) March 7, 2024
by JD Rucker, Discern Report:
As details emerge about the debt ceiling deal reached between Speaker of the House Kevin McCarthy and the Biden-Harris regime, the hopes of sensible fiscal policy flies out the window. Most conservatives who have been paying attention knew we were going to get hosed, but this is even worse than expected.
Here’s a breakdown by Congressman Chip Roy with some of the main points of idiocy:
by Harvey Organ, Harvey Organ Blog:
TAS INDUCED RAID ON GOLD AND SILVER TODAY: GOLD CLOSED DOWN $24.40 TO $1953.40//SILVER WAS DOWN $.23 TO $23.67//PLATINUM IS UP $1.80 TO $1002.95 WHILE PALLADIUM WAS UP $38.70 TO $1409.15//IMPORANT COMMENTARIES FROM ALASDAIR MACLEOD AND RONAN MANLY//CHINA MAY PROVIDE ANOTHER STIMULUS TO HELP ITS BELEAGURED REAL ESTATE MARKET//BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES//PEPE ESCOBAR DESCRIBES IN DETAIL WHAT IS HAPPENING INSIDE TURKEY WITH RESPECT TO ERDOGAN//COVID UPDATES/DR PAUL ALEXANDER
by Craig Hemke, Sprott Money:
Watch Craig Hemke from Sprott Money and Chris Marcus from Arcadia Economics on the “Monthly Wrap-Up” podcast for a quick dive into the latest in precious metals. Get insights on soaring gold and silver prices, Federal Reserve policies, and global tensions, plus expert tips for navigating the market. Tune in now for your monthly dose of valuable analysis!
from Birch Gold Group:
This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: Sky-high gold forecasts by top names, why the Middle East escalation proves gold’s run isn’t driven by military conflict and could a surprise interest rate hike push gold’s price down?
A recent call for $4,000 gold has been made. Which of our “usual suspects” was behind it? Frank Holmes? Alasdair MacLeod? Putin?
from The Alex Jones Show:
TRUTH LIVES on at https://sgtreport.tv/
by Paul Craig Roberts, Paul Craig Roberts:
As I reported at the time, the banking crisis is not limited to Silicon Valley Bank. Silicon Valley Bank’s failure was followed by the failures of New York Signature Bank and First Republic Bank of San Francisco. Now three more banks have had their stock prices collapse–Western Alliance, PacWest Bankcorp, and Metropolitan Bank.
As I have emphasized, the Federal Reserve’s higher interest rates are the cause of the bank troubles. The decade of zero interest rates left banks with portfolios of low interest rate assets on their balance sheets. As the Federal Reserve raised rates, these assets declined in value. Depositors saw that the banks were technically insolvent and withdrew funds. Others withdrew funds because they can now get higher interest rates from money market funds.
by Jan Nieuwenhuijs, Gainesville Coins:
In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket, and official gold reserves can be used to underpin a new gold standard, according to DNB. These statements confirm what I have been writing for the past years about central banks having prepared for a new international gold standard.
from Birch Gold Group:
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: A World Bank insider explains central banks’ gold buying surge; yet another all-time high for gold’s price, , and just how strange is the lack of price action in silver?
The World Bank just published a very interesting report, Gold Investing Handbook for Asset Managers. The author, veteran central banker Kamol Alimukhamedov explains exactly why central banks are dedollarizing and buying record quantities of gold (for two years in a row).
