When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise being heaped on central banks for "saving" the world from economic doomsday in 2008, it's only natural to ask which structural problems their unprecedented policies solved in the past 6 years. After[...]
Tag: Gold
Why the U.S. is Letting China Accumulate Gold – James Rickards
A lot of people think about gold as a percentage of a country’s total reserves. They are surprised to learn that the United States has 70 percent of its reserves in gold. Meanwhile, China only has about 1 percent of its reserves in gold. People look at that and think that’s an imbalance. But those are not very meaningful figures in my view. The reason is that a country’s reserves are a[...]
ATTENTION ALL CONCERNED WITH GOLD CONFISCATION – 100% Bullion Investment Asset Also Serves As Confiscation Hedge
Many individuals will fail to protect themselves and safeguard their wealth with precious metals due to the perceived threat of gold confiscation. This fear is based on a previous US gold confiscation that took place at the height of the depression in 1933. Whether such an action by the US government would take place again is up for debate. Realize that the US was on a gold standard in 1933 [...]
Man Who Predicted Collapse Of Euro Against Swiss Franc Warns Of Next Shock To The World
March 1, 2015 Today the man who 90 days ago remarkably predicted the collapse of the euro against the Swiss franc warned King World News about the next shock that will bring the world to its knees. Egon von Greyerz: “Eric, it's now totally clear to me that the hyperinflation I've been expecting is becoming more persistent and is now engulfing country after country. We are already seeing it in [...]
Is This The Most Important Chart For The Future Of The World’s Reserve Currency?
When it comes to the future of the dollar status as the world's reserve currency, the most important chart may be the fact that the US is now so woefully buried in debt that another global military conflict appears inevitable... ... or that it now takes virtually unlimited monetization of the debt shown above to preserve the illusion that the US is not bankrupt, pushing the S&P to record[...]
Richard Russell Just Exposed A Coming Event That Is Going To Shock The World!
As people continue to digest breaking news out of Greece and Ukraine, today the Godfather of newsletter writers, 90-year-old Richard Russell, just exposed a coming event that is going to shock the world. Russell also warned the world is completely unprepared for this and told investors how to position themselves. The Disease – Deflation And A World Drowing In Debt Richard Russell: "The[...]
Most Americans Are Slaves And They Don’t Even Know It
By Michael Snyder Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our enslavement have become much more sophisticated over time. It[...]
Alan Greenspan Warns: There Will Be a “Significant Market Event… Something Big Is Going To Happen”
Mac Slavo February 22nd, 2015 SHTFplan.com With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs. But the insiders know different. And if[...]
The Latest Country to Defy the Banksters – Will a Stampede Eventually Follow?
Resistance to Banker Rule Spreads As we’ve discussed before, the bankers have need of keeping the dream of Eurasia from becoming a reality. It is the thing which they pull out all the stops to prevent. Many countries in the recent past, especially those in the Middle East, or in Europe’e periphery, who’ve dared to assert their own interests, have been put down in the most gruesome ways.[...]
Legend Just Warned Greek Deal Has No Substance And The Crisis May Become Catastrophic Financial Ebola
From King World News Eric King: “After the news of this so-called deal with Greece was announced, I thought of one guy on the planet I could call to find out what this really means and that’s you, Art. You’ve been doing this for over half a century, you are a legend in the business and honestly, I don’t know who else I would call to get some clarity on this unless I went straight to the[...]