With one foot out of the door of Germany’s finance ministry, the former head of the German economy, Wolfgang Schäuble, 75, delivered a fire and brimstone warning over the weekend, telling the FT in an interview that there was a danger of “new bubbles” forming due to the trillions of dollars that central banks have pumped into…
The war on Cash: The money in your savings account isn’t piled up inside your bank’s vault, which isn’t true. Your savings don’t really exist. It’s all digits in an electronic account ledger. People transact with these digital currency units, whenever a bank transfer is made, or a credit card is used. The Dollar Is…
President Evo Morales has highlighted the total Bolivian independence from the International Monetary Fund (IMF) and the World Bank (WB), which have carried out “devastating economic policies for many years” in this South American nation. “A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established,”…
In order for the central bank ponzi scheme of fiat currency to work, especially on a global basis, the central banks learned early on that gold [Silver] was the enemy of their scheme and, therefore, must be eliminated from the monetary system. The first real step was Executive Order 6102 in 1933. This was just 20…
Statistics on India’s February gold imports showed a major lift. With gold experts GFMS estimating that the country brought in 50 tonnes of bullion during the month — up 82% from the 27.4 tonnes Indian buyers imported during February 2016. That’s a rare uptick for India’s imports. Which have generally been registering lows over the…
“Medicine is the keystone of the arch of socialism“ Rothschild Family 1917 Employee ~ Vladimir Lenin The global securities market got a surprise recently when U.S. core consumer price inflation crept up to 2.3% year over year in the month of August. This closely followed core measure, which strips out the more volatile food and energy…
China will join the [tiny] club of nations whose currencies make up the international reserve basket. The basket is called Special Drawing Right (SDR) and the International Monetary Fund reviews its contents every five years, including 2015. SDR Basket Weights: The revised SDR basket will be based on the following weights: 41.73% for the U.S.…
According to the IMF 2011, Iraq is projected to grow faster than China in the next two years. Now, let me repeat that, because when I read it I said, okay, are you sure because we always think of China as being the juggernaut? But no, indeed, Iraq is projected to grow faster than China.…
What is euphemistically called “fractional-reserve banking” is obvious fraud, and obvious crime. By its very definition; it transforms the banking sector of an economy into a leveraged Ponzi-scheme, and as with all Ponzi-schemes, there is no possible “happy ending” here. Mathematically-based principles are often illustrated best through use of an extreme, numerical example. We have…
Fortunate Son Some Folks Are Born Silver Spoon In Hand The drivers of the gold and silver markets are primarily exchange rates, which are currently moving against a backdrop of waning global growth. Since 2008 the prime engines trying to bring about a recovery have been central banks using monetary policies. These have produced limited…
How much gold does the U.S. really have left …and how many times has it been re-hypothecated [where 1 ounce of gold is pledged as collateral in multiple contracts/promises] in contravention to capitalism’s ‘supply & demand’. By Bill Holter: Holter-Sinclair collaboration Last week’s message to you regarding the “Panama Papers” release suggested…..”don’t be duped”. What impressed me immediately as…
The chief of the information centre of the South-Eastern Front, Konstantin Knyrik, told reporters that the Donetsk militia surrounded a total of seven thousand Ukrainian military men. “At the moment, we have been able to drive the enemy in three mousetraps – near Ilovaisk, Lutugino and Stepanivka. Altogether, there are at least 7,000 men there…
The plight of Kenya’s Sengwer people shows that carbon offsets generated by ‘sustainable’ forest management are empowering a corporate recolonisation of the South backed by the World Bank against its own guidelines, writes Nafeez Ahmed. Indigenous forest peoples are at risk of genocide while corporations let rip. The government is permitting powerful logging companies to…
Eastern Ukraine Army Says Will Fight Militarily [Obama’s E.U. Kiev Scheme Overthrow] If Western Ukraine Forces Ignore 48 Hour Deadline! * E.U. Terrorist Forces Attack Eastern City Of Sloviansk, Interfax Says. With the McCain, Obama, Kerry, & E.U. having voiced their support for Kiev’s Neo Nazi pro-terrorist operations, and Russia strongly supportive of Ukrainian Citizens decision to regional self-determination, the threats coming…
Sensationalism or reality? If you have an open mind, then you can decide. The current Obama administration is not all together stupid, they can read public feeling and sentiment. American people are tired of war, wars and wars and multitudes of wars. No other country in the world has been at war constantly since the…
