In The News Today

Posted at 8:01 AM (CST) by & filed under In The News.

Bill Holter’s commentary

“And the Fed says they are going to shrink their balance sheet?  This will be epic!”

‘Look back over the past, with its changing empires that rose and fell, and you can foresee the future, too.’  Marcus Aurelius. (180BC-121BC).

Bill Holter’s commentary

“And they ultimately will …”

BRICS members call for cross-border payment in BRICS currencies to challenge the U.S. dollar.

The BRICS—an acronym for Brazil, Russia, India, China, and South Africa—held a summit on June 23. The meeting, chaired by Chinese leader Xi Jinping, was part of a lengthy series of BRICS cooperation events, which began on June 6 with the second finance ministers and central bank governors meeting and ended with the second meeting of the committee of senior energy officials on June 28.

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Bill Holter’s commentary

.”.. Aannd it’s GONE!”

The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York.

Lawyers representing the creditors say the physical whereabouts of Zhu Su and Kyle Davies, who started Three Arrows in 2012, are “currently unknown,” ahead of a hearing that is scheduled for 9 a.m. ET on Tuesday to discuss next steps in the liquidation process. The documents, filed Friday evening, also allege that the founders have not yet begun to cooperate with the liquidation process “in any meaningful manner.” On Monday, lawyers requested the court keep the identity of the creditors anonymous.

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