Tag Archives: Devaluation

U.S. Dollar Has Declined To 1/1300 Ounce Of Gold Since 1971

Gold And The Dollar Devaluation? 1)   Voltaire said over 200 years ago, “Paper money eventually returns to its intrinsic value – zero.” 2)   The value of the U.S. dollar has declined from about 1/40 of an ounce of gold to its current level of about 1/1300 ounce of gold since 1971. 3)   Because central bank […]

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Obama’s Minimum Wage Hike And Currency Wars: $9/Hour Sounds Good ~ But You Need A Job First!

What is U6 unemployment rate ? The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts “marginally attached workers and those working part-time for economic reasons.” Note that some of these part-time workers counted as employed by U-3 could be working as little as […]

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Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%: You Take The Red Pill – You Stay In Wonderland, And I Show You How Deep The Rabbit Hole Goes!

While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while obscurely renaming these devaluations as, “quantitative easing” being the most popular, then here comes Venezuela and shows the banana republics of the developed world, what lobbing a nuclear bomb into […]

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Dumping Paper Counterfeit Currency To Take Possession Of Silver

During the month of September, London has printed derivative sells on Silver to drive the price down in their attempt to scare monger people to dump their silver and get them back holding paper currency. Well if people get back to holding paper currency, they are once again subjecting themselves to actually VALIDATING NWO’s game […]

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