Search Results for: money

The Global Demise of Pension Plans

Elderly People

We have been saying for a long time that anyone in the western world who’s 10-15 years away from collecting their first pension payments, shouldn’t expect to get much, if anything, when the time comes. This is because, obviously, the economy has deteriorated as much as it has. It’s also …

Read More »

A new run on the banks? Spaniards pulling cash out at record rates

bull bank run spain

Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday. Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic …

Read More »

Does China plan a Gold-backed Renminbi?

We expect the Chinese central bank to continue gradually accumulating gold, and we think that it might be planning a gold backing for the renminbi. If that were to happen, international acceptance would soar. Not for nothing was the enormous amount of gold reserves in the United States (N.B. the US …

Read More »

Understanding the slave mentality

In the initial stages of nearly every recorded tyranny, the saucer eyed dumbstruck masses exhibit astonishing and masterful skill when denying reality.  The facts behind their dire circumstances and of their antagonistic government become a source of cynical psychological gameplay rather than a source of legitimate concern.  Their desperate need …

Read More »

This is why you always demand physical

We have said it over and over, we’ll say it again. For all those who for one reason or another would like to boycott the broken markets, yet trade gold in paper form, please understand that all the invested capital is at risk of total loss and can and will be lost, …

Read More »

Government is ‘robbing’ citizens of their wealth through inflation

Inflation ahead sign

Political commentator and freedom advocate Floyd Brown knows what the U.S. government is up to, and he’s calling Washington on it. In this one-on-one interview, find out why the president of the Western Center for Journalism believes Americans are systematically robbed of their savings through a deliberate devaluation of the …

Read More »

Jon Corzine charged by regulators in connection with MF Global collapse

jon corzine

Regulators on Thursday settled charges against MF Global over the futures brokerage’s collapse, and also charged former Chief Executive Jon Corzine and former Assistant Treasurer Edith O’Brien in connection with the alleged misuse of customer funds. The Commodity Futures Trading Commission said MF Global had agreed to settle all charges …

Read More »

Science discovers the secret to happiness

Happy-travelling-france-thumbs-up

A recent study at Cornell University found that spending money on experiences is more likely to bring you lasting happiness than spending money on material objects. The reason being that people “adapt” to physical objects – meaning the things you’ve bought will bring decreasing amounts of happiness as time goes on …

Read More »

Paper gold & silver ponzi exposed – technical analysis

Anyone watching the gold and silver market understands that something is not right. An objective look at the fundamentals suggests that there seems to be no substance behind the recent downwards move. There has been a constant debate over the years on what drives the price of gold and silver. …

Read More »

Harvard Economist fears bank runs are coming very soon

Bank run

Former Harvard Professor of Economics Terry Burnham fears starting a “run” on Bank of America after he made public his decision to withdraw $1 million dollars from his checking account as a protest against Janet Yellen beginning her term as Federal Reserve head this month. In an article for PBS …

Read More »

Poor thieves go to jail, rich thieves don’t

Rachael Claire Martin

From the Mail: A bank clerk who dreamed of becoming a model stole £46,000 from the tills — and spent it on plastic surgery and shopping sprees. Rachael Claire Martin, 24, used the cash to fund a boob job, dental work and liposuction, as well as hair extensions and nights …

Read More »

Syria insurgents receive salaries in US dollars

Syria insurgents paid in USD

Foreign-backed insurgents in Syria have admitted that they receive salaries from their regional and trans-regional supporters in US dollars for fighting against the government of President Bashar al-Assad. The insurgents make thumbprints in ink next to their names and receive USD 150 a month for fighting against Syrian military forces. …

Read More »

5 Things You Need to Know to Start Betting and Winning

Sports balls

For years, betting was mostly about visiting that corner shop and placing a small sum of money on a prediction. It has become a vastly different industry in the last decade thanks to the growth of online betting options. This trend even allows those, who would not have taken the …

Read More »

Europe is about to impose extreme repression – Nigel Farage

nigel farage

On the heels of the recent turmoil in global markets, today King World News interviewed MEP (Member European Parliament) Nigel Farage, to get his take on the ongoing crisis.  Farage told KWN that “What you may see is a very desperate European Union begin to put in place capital controls and things …

Read More »

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 …

Read More »

How hackers stole $1billion from the banks

Carbanak bank hack

Hackers in Eastern Europe are bleeding banks dry, stealing as much as $1 billion from more than 100 financial institutions in a string of attacks that borrow heavily from targeted attacks against sensitive government and industrial targets. Researchers from Kaspersky Lab on Monday will present details on the Carbanak criminal gang, which …

Read More »