BlackMask Pod Cast

The banks are starting to report and it’s ugly. We’ll be very lucky if it’s only as bad as the 2008 wipeout. I think it will be much worse. It’s appalling what we’re not being told. Banks have the ability to make or break an economy. In this case, break it.

The 100 year event has started and there is no escaping. You have precious little time to get your ducks in a row. Treasury auction has seen a 200 basis point jump in yields. The flight for safety has begun.

We are at a very important junction in the markets where confusion abounds. This should sort itself out in the next 6 weeks. Let me outline what we are facing in our latest podcast.