By Michael Snyder, on February 10th, 2015 Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so much in such a short period of time. That was in mid-2008 – just before the greatest financial crash since the Great Depression. A surging U.S. dollar also greatly contributed to the Latin American debt crisis of the early 1980s and the Asian[...]
Month: February 2015
The Shock Doctrine: When Order Trumps Personal Freedom
by James Rickards One of the most influential books among global power elites in the past 10 years is Shock Doctrine: The Rise of Disaster Capitalism, by Naomi Klein, published in 2007. The shock doctrine is an essential concept for understanding how power elites such as central bankers, finance ministers and the ultra-rich work behind the scenes to advance their agendas. It’s also how[...]
China Moving to Replace USA as Financial Capitol of World – Martin Armstrong
A vital step in the shift of the Financial Capitol of the World moving from the West to the East, is becoming visible if you pay attention. Our model has revealed that the Financial Capitol of the World moves with the rise and fall of nations. China on the verge of becoming a net exporter of capital, it has already overtaken its Western counterparts as a primary source of credit for the[...]
Bo Polny: A NEW GOLD BULL MARKET, HIDDEN IN PLAIN SIGHT? I’ll Give You Proof!
Posted on February 10, 2015 by Silver Doctors Has a NEW Gold Bull Market Trend developed since the November 6, 2014 low? The answer is stacking up to be a big YES! Want proof? Submitted by Bo Polny: In a November 2014 post title ‘With Gold’s $1180 Triple Bottom Broken, Is the Gold Bull Market Over?’ (see LINK HERE) the Gold charts below were presented comparing Gold vs. other world[...]
Richard Russell Warns Global Crisis To Get Worse – Sell All Stocks And Buy Gold & Silver
As the world continues to digest breaking news out of Greece, today the Godfather of newsletter writers, 90-year old Richard Russell, warned that the global crisis will get even worse, so investors need to dump all common stocks and buy gold and silver. Russell also discussed why even tougher times are still ahead for the world. Richard Russell: “I had expected an upside blow-off to occur,[...]
“Slowly But with Determination the Petro Dollar Comes Under Attack. I Guess Full on War with Russia is Now Inevitable.” – Jim Sinclair
Moscow & Cairo to drop USD, use national currencies in bilateral trade – Putin Published time: February 08, 2015 23:10 Russia and Egypt might soon exclude the US dollar and use their national currencies in the settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview to Egyptian media ahead of his Monday visit to the country. READ MORE: [...]
If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next
By Michael Snyder, on February 9th, 2015 Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead. As you will read about below, the big banks are warning that the price of oil could soon drop as low as 20 dollars a barrel, that a Greek exit from[...]
Marc Faber Warns “Frankenstein” Global Financial System To Collapse
from King World News On the heels of increased geopolitical tensions, particularly in Ukraine, and the Greeks manevering to avoid default, today legendary Marc Faber warned King World News that the “Frankenstein” global financial system is going to collapse. Eric King: “There are over one quadrillion dollars of derivatives that could melt down the global financial system.” Marc Faber:[...]
The Dollar Will Die with a Whimper, Not a Bang – James Rickards
The same force that made the dollar the world’s reserve currency is working to dethrone it. July 22, 1944, marked the official conclusion of the Bretton Woods Conference in New Hampshire. There, 730 delegates from 44 nations met at the Mount Washington Hotel in the final days of the Second World War to devise a new international monetary system. The delegates there were acutely aware that the [...]
TD’s Melek Sees Platinum at $1,600, Palladium at $860 in 2015
By Teresa Matich At the precious metals panel6 that rounded out Cambridge House International’s 2015 Vancouver Resource Investment Conference7, most of the discussion focused on gold8 and silver9. However, moderator Rob Levy did ask panelists one question about the platinum group metals (PGMs). Although only two of the four panelists offered answers — Bart Melek, TD Bank’s head of[...]