Tag

"banking industry"

Jul

2012

Banks and Insurance Companies Face Troubling Times Ahead – Not Just U.S. Treasury

By: Doug Eberhardt Category: Gold Tags: Annuities, banking industry, banks not lending, bond maturities, bond yield, Higher Interest Rates, Immediate Annuities, Insurance Companies, insurance company portfolios, state insurance guaranty fund, U.S. banks, U.S. Treasuries

While Europeans leave the Euro and Euro bonds in droves for the safety and serenity of U.S. Treasuries, forcing the interest rates here in the U.S. on the 10 year to near record lows, currently at 1.45%, many, including myself, talk about the coming Treasury bubble once interest rates reverse course. But it’s not just the U.S. Treasury that is …

Oct

2010

The Real Reason Bank of America Halts Foreclosure In 50 States – They’re Broke!

By: Doug Eberhardt Category: Gold Tags: bakn of america halts foreclosure, bank balance sheets, bank failures, bank foreclosure, bank of america, banking industry, Buy Gold and Silver Safely, derivatives, FDIC bailout, Federal Reserve, JP Morgan Chase, lenders, nations top banks, pmi bailout, sub-investment grade derivatives, top 5 banks, troubled banks

Many of the top banks in America are experiencing financial difficulties as well as the smaller ones. Bank of America has 454 billion of sub-investment grade derivatives coming due in the next 1-5 years. JP Morgan over 1.5 trillion.