Blockworks Macro, Released on 5/6/23 This week Mike & Mark discuss the collapse of First Republic Bank and the subsequent acquisition by JP Morgan. Even with an FOMC meeting where the Fed raised an expected 25bp, regional bank headwinds remained the focus as certain bank equities fell sharply and First Republic Bank was acquired in […]
The LaRouche Organization, Released on 5/2/23 The takeover of First Republic Bank by regulators was quickly followed by the U.S. government (FDIC) removing the worthless, toxic assets of the bank — at the expense of taxpayers — and handing the cleaned up bank to JP Morgan Chase. This is not the first time Morgan and […]
CNBC, Released on 5/1/23 Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins ‘Squawk Box’ to discuss the fallout from JPMorgan’s takeover of First Republic, what this means for the Fed’s rate hike path, and more. Mohamed El-Erian is the President of Queens College, Cambridge and the Chief Economic Adviser of […]
Wall Street Silver, Released on 7/27/22 Mark Yaxley joins us today to go over the situation regarding JPMorgan’s gold desk was found spoofing lies. Furthermore, we talk about the meaning of True demand for precious metals, the U.S. dollar, recession, and more. Mark Yaxley is the General Manager for Strategic Wealth Preservation, a premier offshore […]
Wall St. For Main St., Released on 8/23/21 JP Morgan paid a $928 million fine for manipulating gold and silver markets in the last 24 months but last week 4 former JP Morgan metals traders were charged with spoofing and other racketeering (RICO) charges: https://www.reuters.com/legal/transac… Commit to tipping us monthly for our hard work […]
Arcadia Economics, Released on 6/30/21 The Basel III date of June 28th has come and gone, with little movement in gold or silver prices. But what’s really going on behind the scenes? Will Basel III have any impact? And perhaps more importantly, is it a reflection that behind the scenes, the banks have, or are […]
Arcadia Economics, Released on 4/30/21 Talk about unprecedented silver demand! Andy Schectman joins me for the physical silver and gold report, with an interesting story about who is buying silver. Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Chris Marcus worked 2 years at bond rating agency Moody’s, has an […]