Never knew Costco was golden

by Michael E Dehn | Oct 5, 2023 | Banking and Finance, consumer spending and sentiment

https://apnews.com/article/costco-gold-bars-demand-precious-metal-investment-5ea90e851227803968856e299e721fd5

How the Federal Reserve came to be on 12/13/1913…nefarious manipulations ??

by Michael E Dehn | Oct 4, 2023 | Banking and Finance

J.P. Morgan funded the building of the Titanic, and cancelled his long-awaited journey just hours before its proposed departure. 3 of the wealthiest men on earth, whom  were against the creation of the Federal Reserve Bank happened to be invited aboard for its maiden...

Most people may not be aware JDimon hailed from Chicago originally and we knew people who knew him in the day when he was mentored by A Robert Abboud from First National Bank later merged with Banc One and then BOTH absorbed by Chase spawning Jamie’s career in NYC.. This article says volumes depending on how you view him in the context of Chase in the middle of potentially everything nefarious in banking.

by Michael E Dehn | Oct 4, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, World economic impacts

A Public Policy Professor Who Served Under Three U.S. Presidents, Says Jamie Dimon Is an Oligarch and Has “Hijacked the...

The NOT on Target “target” targeted

by Michael E Dehn | Oct 4, 2023 | Banking and Finance, consumer spending and sentiment

BREAKING: Target stock, $TGT, has officially erased $30 billion in market value in 6 months since theft losses picked up. The stock is now down ~60% from its all time high and ~36% over the last 6 months. In May, Target said they expect $1.3 billion in losses due to...

MORE crypto angst defined by origin

by Michael E Dehn | Oct 4, 2023 | Banking and Finance, consumer spending and sentiment, Crypto considerations, Fintech, General interest, World economic impacts

https://www.forbes.com/sites/digital-assets/2023/10/04/shocking-leak-blows-up-mystery-of-bitcoin-creator-satoshi-nakamoto/?sh=30473f2b528b

Although we are seeing global adoptions of crypto(think recent Singapore XRP alliance), without SEC approval of crypto as an authorized security here in the States, universal global adoption impossible.

by Michael E Dehn | Oct 4, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Crypto considerations, Fintech, World economic impacts

We have said from the beginning that our Federal Reserve is loathe to relinquish control of our slowly eroding dollar to a decentralized platform out of their control in their backyard without some sort of controlled GOVERNMENT ISSUED CBDC. Up to this point the...