Gold became real money again on July 1st.

As of July 1, 2025, gold is officially classified as a Tier 1, high-quality liquid asset (HQLA) under Basel III regulations – This means that U.S. banks can count physical gold at 100% of its market value as part of their core capital reserves. For decades, many have rightly argued that gold is not just …

Banks’ exposure to government debt will bring economic collapse

Crises are never caused by excessive exposure of businesses and individuals to risky assets. Crises can only happen when investors, governments and households accumulate risk in assets where most people believe there is little to no risk – namely government bonds. The recent sell-off and the underlying trend What does the recent sell-off in US …

The problem of shadow lenders is getting bigger, possibly leading to a new financial crisis

The occasion for this specific analysis is the recent statement about the main areas of concern of the Financial Stability Board (FSB) that was issued by the head of the global supervisor Klaas Knot. In particular, this statement focused on vulnerabilities in non-banking financial intermediation (NBFI), the so-called “shadow lenders”. More specifically, “Vulnerabilities in non-banking …

Taxpayers should not have to pay for the collapse of systemic banks

The lessons learned from the global financial crisis of 2008/2009 seem not to have become commonplace for the operation of the financial system. The turmoil of the past year has shown that further progress is needed in a number of areas to ensure that banks are never too big to fail. It is noted that …

Why is it a criminal mistake to bail out bankrupt banks?

Silvergate Bank, Silicon Valley Bank, Signature Bank and First Republic Bank collapsed like dominoes between March and April 2023. The United States Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) proceeded with a previous intervention in order to stop the transmission of the crisis to the regional banks and to the …

error: Content is protected !!