Search Results for: dump debt

Federal Reserve tests negative interest rates as Japan goes to -0.1%

Bank Of Japan BOJ negative interest rates

From Filip Karinja, for Birch Gold Group In a shocking move last Friday, the Bank of Japan (BOJ) slashed its interest rate to -0.1%. However, the surprise doesn’t end there. Bank of Japan Governor Haruhiko Kuroda said there will be “no limit” to the monetary easing, and that rates would be cut even …

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Gold backed ruble and yuan to trigger global de-dollarization

Gold in hand

A gold-backed ruble and gold-backed yuan could start a ‘snowball exit’ from dollar F. William Engdahl notes, adding that it will diminish America’s ability to use the reserve dollar role to finance Washington’s perpetual overseas wars. The irony of the situation is that the central banks of China, Russia, Brazil and other …

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China’s stock market crashes another 8%

China stock market crash Shanghai

China‘s benchmark Shanghai Composite index is down more than 8 percent in Monday trading. The market is now down 37 percent from its June peak. Over the last month, the Chinese government has taken extreme measures to reverse the stock market‘s decline. The decline in Shanghai was part of a …

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Germany joins China and Russia’s flight to gold

Gold bars

From Filip Karinja, for Birch Gold Group Germans are now rushing into gold. In search of a safe haven from a possible Greek debt default and the ultra-loose monetary policy of the European Central Bank (ECB) that makes even Ben Bernanke look fiscally conservative, Germans have significantly picked up their purchasing since …

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Greece to trigger collapse of fascist eurozone

Greece Eurozone Yanis Varoufakis

From Filip Karinja, for Birch Gold Group Greece is rapidly running out of money. In a last ditch effort to remain afloat, the nation recently passed a law requiring all cash reserves in public sector entities to be transferred to its central bank, the Bank of Greece. This is just the latest round …

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10 things about Gaddafi they don’t want you to know

Muammar Gaddafi Libya

Ruling the country for for 41 years until his demise in October 2011, Muammar Gaddafi did some truly amazing things for his country and repeatedly tried to unite and empower the whole of Africa. So despite what you’ve heard on the radio, seen in the media or on the TV …

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Australian bank class action ‘could be worth billions’

commonwealth bank sign

Promoters of a class action for “victims” of Commonwealth Bank’s $2.1 billion takeover of Bankwest in 2008 say it could be the largest litigation of its type, worth billions of dollars. Anti-bank advocate Geoff Shannon, who founded the Unhappy Banking website, said yesterday he had secured the backing of an …

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Swiss study shows 147 corporations rule the world

147 companies rule the world

The Swiss Federal Institute (SFI) in Zurich released a study entitled “The Network of Global Corporate Control” that proves a small consortiums of corporations – mainly banks – run the world. A mere 147 corporations which form a “super entity” have control 40% of the world’s wealth; which is the real economy. …

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Our problem is the Federal Reserve – David Stockman

Former OMB boss David Stockman told CNBC that Romney’s vision of capitalism is not possible if the Federal Reserve continues to run the economy. Stockman said the only candidate that had it right was Ron Paul. “He was the only one that had it right about the Fed,” Stockman said. …

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How long will the dollar remain the world’s reserve currency?

We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy.  But this is a dangerous and mistaken assumption. Since August 15, 1971, when President Nixon closed the gold window …

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Why we must oppose Obamney for President in 2012

There is a dangerous person running for President in 2012, and his name is Baritt Obamney. I normally try not to attack specific candidates for political office, but Baritt Obamney is so offensive to American sensibilities that I had to share this warning with my fellow Americans. In 2012, we must vote …

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Anonymous hacks ‘Aryan Front’ Neo-Nazi website

Nazi eagle symbol

Users of the Aryan-Front.com “white community” Web forum were greeted with an eye-opening memo from hacktivists when they tried to log-on to the message board Friday morning: you should have expected us. Members of the loose-knit hacktivism collective Anonymous defaced the popular white power website Aryan-Front.com this week and say …

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The End Game: 2012 and 2013 will usher in the end

If Raoul Pal was some doomsday spouting windbag, writing in all caps, arbitrarily pasting together disparate charts to create 200 page slideshows, it would be easy to ignore him. He isn’t. The founder of Global Macro Investor “previously co-managed the GLG Global Macro Fund in London for GLG Partners, one of the …

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Japan and China to start direct currency trading on Friday

Japan and China will start direct currency trading this week, Tokyo said Tuesday, the first time Beijing has let a major unit other than the dollar swap with the yuan. The move, which will scrap the greenback as an intermediary unit, comes as China introduces measures as part of a …

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Signs of the gold standard emerging in China?

China gold standard

As noted in last week’s column about the rising recognition by authorities in Germany about the virtues of gold, the gold standard is receiving impressive new recognition internationally. The GOP plank calling for a commission to study “possible ways to set a fixed value for the dollar” — with an unmistakable nod …

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19 things the mainstream media is currently being silent about

#1 Strange Things Happening On The Sun #2 Fukushima #3 Mount Fuji In Japan About To Erupt? #4 Stunning Rise In Volcanic Activity Around The World #5 Global Food Prices Rising Again #6 U.S. Government Debt Downgraded Again #7 500 Million Dollars To Help The IRS Implement Obamacare #8 Go …

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How to Get a Loan With Bad Credit in 2019

It is said that the limitations we face are the ones placed by ourselves. This is also the case when it comes to seeking finances. You may have already locked yourself out of getting a loan because you have a bad credit score. It’s still possible to get a loan …

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