Search Results for: debt

China, Russia and Iran planning gold backed currency

Russia China Iran Putin Jinping Rouhani

A Eurasian Golden Triangle is emerging with China, Russia and Iran as the three key points, F. William Engdahl notes. The latest Sino-Iranian rapprochement has prompted a lively debate regarding the new Eurasian “world order.” “Sometimes profound tectonic shifts in the global politics arise from the least noticed events. Such is the …

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Italian banks are going bust

Italian banks Italy

Italian banks face some big problems. The thing is they are pretty much the same as last year. Shares in Italian banks have slumped this year, amid fears that lenders need more capital to manage losses on bad loans. While some banks could do with raising capital—UniCredit for one has a thin …

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The corporations running the White House

Corporations running the White House flag

The president and his top advisers have kept an open door for CEOs of Fortune 100 companies, keeping almost 1,000 appointments with them, a Reuters review of White House records shows. Of the hundreds of appointments listed, Obama himself was present at about half. As the corrupting hand of government intervention spreads, so …

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Forex scandal: criminal bankers must be jailed, not fined

Six banks forex rigging scandal

Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary citizens, experts warn. British banks could be fined billions in coming months as investors pursue them for rigging foreign …

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Chinese stock market plunges more than 6%

Chinese stock market crash markets red yuan

Chinese stocks plunged on Tuesday as the yuan weakened against the dollar, reigniting fears that Beijing may be intent on a deeper devaluation of the currency despite the central bank’s comments that it sees no reason for a further slide. Concerns that companies may pull more money out of China …

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EU officials panic as Greece votes ‘NO’

Greece Greek referendum no oxi EU europe

From Filip Karinja, for Birch Gold Group The Greek referendum results are in, and the nation’s people have resoundingly rejected forced austerity. Over 60% voted ‘NO’ to the IMF bailout, with less than 40% voting ‘YES’. This landslide victory sends a clear message to the European Union that the people of Greece are …

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Plans for cashless society is accelerating bank runs

Euro cash withdrawal money

From Filip Karinja, for Birch Gold Group Over the past few months, as governments and bankers lose grip on the failing monetary system that is surviving only on the back of record low interest rates and excessive money printing, the ‘war on cash’ has been escalating around the world. Why such disdain for cash? A society …

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The ‘War on Cash’ has begun

War on cash

From Filip Karinja, for Birch Gold Group Forget the ‘war on terror’ or even the ‘war on drugs’. There is a new war in town: The ‘war on cash’. JP Morgan Chase recently informed some of its customers that cash can no longer be stored in their safety deposit boxes. In …

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China imports over 2,000 tons of gold in last two years

China has just one thing to say to all those who engage in the now daily slamdowns of gold just around the time of the London fixing, after 8 am Eastern, which lately have gotten so vicious they have resulted in “stop logic” market halts not on one but at least two occasions, …

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World leaders denounce Monsanto exec winning World Food Prize

Monsanto

Last month, Monsanto executive Robert Fraley received the World Food Prize. This highly esteemed prize, considered among many to be the “Nobel Prize” of food, was given to the chief technology officer of the chemical company who is ironically working to diabolically destroy agriculture as we know it. As Anthony Gucciardi …

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India signals it is rearing to kick Monsanto out

Monsanto go back

A report from the August 17 edition of the American Association for the Advance of Science’s journal Science titled, “Negative Report on GM Crops Shakes Government’s Food Agenda,” revealed that an Indian high-profile parliamentary panel, only a week before, recommended that GM crop “field trails under any garb should be discontinued forthwith,” …

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Special friday gold & silver ‘Chart Mania’

With the wild action in gold and silver this week, top Citi analyst Tom Fitzpatrick put together a ‘Gold & Silver Chartapalooza’ where he laid out the roadmap for gold and silver to hit new all-time highs.  Below is his interview and the KWN Special Friday Gold & Silver ‘Chart …

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This is my single greatest fear – Peter Schiff

Today Peter Schiff stunned King World News by speaking about his single greatest fear. Schiff, who is CEO of Europacific Capital, gave an extraordinarily candid interview. Here is what Schiff had to say: “My biggest worry is that capitalism and the free markets will get the blame when it really hits the …

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List of countries destroyed by Hillary Clinton

countries-destroyed-hillary-clinton

In an email sent to his business partner and Democratic fundraiser Jeffrey Leeds, former Secretary of State Colin Powell wrote of Hillary Clinton, “Everything HRC touches she kind of screws up with hubris.” Clinton’s tenure as Secretary of State during Barack Obama’s first term was an unmitigated disaster for many …

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A quick fact sheet on some Bilderberg attendees

Bilderberg

On June 5, the London Evening Standard headlined “No minutes, no press conferences – just the world’s power brokers chewing the fat on the issues of the day. It’s the Bilderberg conference – and it’s coming to a suburb near you.” On June 6, it convened. It continues through June 9. It’s …

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US economy is headed for a recession

US dollar bubble

The United States is experiencing its fifth relapse in five years. This past week the U.S. government announced the country’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate. Since the U.S., unlike other countries, estimates its GDP based on annual rates, that means for the …

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