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IS stole over $700M from Iraq: Central Bank

Posted by Conspiracy Cafe on August 9, 2017 at 8:50 PM


G.H. Renaud

 

IS stole over $700M from Iraq: Central Bank

 

ERBIL, Kurdistan Region (Kurdistan 24) – The Islamic State (IS) stole roughly USD $750 million from the Iraqi provinces it occupied since 2014, the Iraqi Central Bank of I...

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Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst

Posted by Conspiracy Cafe on August 5, 2017 at 10:30 AM



By Michael Snyder, on August 4th, 2017


Are we right on the verge of one of the greatest financial collapses in American history? I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspa...

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EU Plans to Freeze Deposits to Prevent Bank Runs

Posted by Conspiracy Cafe on August 3, 2017 at 10:50 AM


Jul 30, 2017


Desperate Times, Desperate Measures.


By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET.


Following a spate of drastic banking interventions in Spain and Italy earlier this summer, the European Commission is preparing new legislation to prevent bank runs from completely wiping out Europe’s h...

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Goldman Sachs Says That There Is A 99 Percent Chance That Stock Prices Will Not Keep Going Up Like This

Posted by Conspiracy Cafe on August 3, 2017 at 10:30 AM


By Michael Snyder, on July 31st, 2017


Analysts at Goldman Sachs are saying that it is next to impossible for stock prices to keep going up like they have been recently. Ever since Donald Trump’s surprise election victory in November, stocks have been on a tremendous run, but this surge has not been matched by a turnaround in the real economy. We have essen...

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Did the City of London Just Press the Panic Button on Brexit?

Posted by Conspiracy Cafe on July 27, 2017 at 7:45 PM


Jul 19, 2017


Oh the irony: EU capitals are trying to attract the very institutions that caused some of the worst financial scandals of the last ten years.


By Don Quijones, Spain & Mexico, editor at WOLF STREET.


In a sign of growing desperation, the City of London Corporation, the eni...

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A Mystery Investor Has Made A 262 Million Dollar Bet That The Stock Market Will Crash By October

Posted by Conspiracy Cafe on July 26, 2017 at 3:40 PM



By Michael Snyder, on July 23rd, 2017


One mystery trader has made an extremely large bet that the stock market is going to crash by October, and if he is right he could potentially make up to 262 million dollars on the deal. Fortunes were made and lost during the great financial crisis of 2008, and the same thing will happen again the nex...

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Unwinding QE will be "More Disruptive than People Think"

Posted by Conspiracy Cafe on July 19, 2017 at 4:50 PM


by Wolf Richter Jul 12, 2017


“We act like we know exactly how it’s going to happen, and we don’t.”


“We’ve never had QE like this before, and we’ve never had unwinding like this before,” said JPMorgan CEO Jamie Dimon at the Europlace finance confe...

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Russia And China Declare All Out War On US Petrodollar - Prepare For Exclusive Trade In Gold

Posted by Conspiracy Cafe on July 17, 2017 at 4:15 PM



JULY 16, 2017


By Jay Syrmopoulos


The formation of a BRICS gold marketplace, which could bypass the U.S. Petrodollar in bilateral trade, continues to take shape as Russia’s largest bank, state-owned Sberbank, announced this week that its Swiss subsidiar...

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VISA takes its War on Cash to US Retailers

Posted by Conspiracy Cafe on July 15, 2017 at 12:45 PM

Abandon all hope ye who enter here.


Dante


by Wolf Richter Jul 12, 2017


Forget “legal tender.”


“We’re focused on putting cash out of business,” Visa’s new CEO Al Kelly said on June 22 at Visa Investor Day. Pushing consumers into digital and electronic payments is the company’s “numbe...

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Cryptocurrencies Collapsed

Posted by Conspiracy Cafe on July 15, 2017 at 12:10 PM


by Wolf Richter Jul 11, 2017


Ethereum down 52%, Ripple down 57%, EON down 70% in eight days.


A “collapse” isn’t when something edges down 1% in value or even 10% or 20%; it’s when something plunges 50% in a short time.


Ethereum has collapsed...

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