Meraglim Blog

World’s Largest Securities Clearinghouse Points to Next Panic

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Most investors are acquainted with major exchange clearinghouses such as those at the CME or COMEX. But the largest securities clearinghouse in the world is one that few have heard of. It’s the Depository Trust & Clearing Corp., or DTCC.

The DTCC clears practically all listed stock trades on the New York Stock Exchange and Nasdaq, most corporate bonds and U.S. Treasury securities. When you get your brokerage or 401(k) statements, you don’t get stock certificates any longer. You get a printed or online statement from your broker or wealth manager.

The actual securities have been digitized and are cleared, settled and held at the DTCC. As shown in this article, the DTCC sees a new financial panic on the horizon, one that will be worse than 2008.

The DTCC sees this threat arising from cyberattacks on the financial system. These attacks may originate not merely with hackers or thieves, but with state actors looking to disable the U.S. in the ongoing financial wars.

Your best defense against this is to diversify your assets away from just stocks and bonds. Good alternatives include cash in the bank, physical gold and silver, alternative assets such as private equity that do not rely on digital clearing and other hard assets including land and natural resources.

Institutional investors can schedule a proof of concept with the world’s first predictive data analytics firm combining human and artificial intelligence with complexity science. Check out Jim Rickard’s company at Meraglim Holdings to learn more.

IF THE SCIENCE IS NOT ON YOUR SIDE, JUST TRY THREATS

It’s clear that good science does not support the extreme claims of the climate alarmists. Yes, there is such a thing as climate change, but it’s slow, difficult to predict and almost impossible to model because of the complexity of the process. The climate alarmists have grabbed most of the headlines for the past ten

Read More »

WHY TRUMP WILL WIN REELECTION: NOT POLLS OR PUNDITS; JUST COMMON SENSE

Political analysts use polls, betting odds, historic trends and other inputs to make their (usually wrong) political predictions. We all remember that “experts” said Hillary Clinton would win the presidency in 2016 (they gave her a 92% chance on the morning of the election), and that the UK would vote to “remain” in the EU

Read More »

HERE’S ANOTHER ELITE WITH ANOTHER PLAN TO TAX AWAY YOUR WEALTH

The elites never rest when it comes to devising new ways to take your money through taxes, inflation or outright confiscation. The latest Trojan horse the elites are riding to take your money is climate change. The climate does change over long periods of time for reasons that are not well understood except that they

Read More »

KRUGMAN SHOWS HE KNOWS LITTLE ABOUT ECONOMICS AND LESS ABOUT FINANCE

We already knew that Nobel Prize winner Paul Krugman knows almost nothing about economics. Now, we see from this article that he knows nothing about banking either. Krugman claims that the repeal of Glass-Steagall and the actions of banks in general were not the cause of the 2008 financial crisis. The conventional wisdom is that Lehman Brothers,

Read More »
Scroll to Top