For nearly three decades, corporations, banks, and the ultra-wealthy have reaped financial rewards from America’s bubble economy at the expense of working-class Americans. During this stretch, the majority of the gains from US productivity have been disproportionately distributed to the top income earners. Over the years, these inequities have accumulated …
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Russian lawmaker seeks to ban US dollar, predicts 2017 collapse
To protect Russians against the “collapsing US debt pyramid”, a Russian legislator has filed a draft bill to ban circulation of the currency in Russia. Once a Moscow mayoral hopeful, Mikhail Degtyarev, 32, likens the US dollar to a worldwide ponzi scheme which he says is scheduled to end in …
Read More »How Cryptocurrency Has Revolutionized Payment Methods
The digital landscape has wrought big changes on almost every area of our lives. From instant communications to online shopping, the Internet has transformed life in the new millennium, and the increasing popularity of cryptocurrency is symptomatic of those changes. If you haven’t been paying attention to the growing number …
Read More »Russia to buy 200 tons of gold in 2016
Russia plans to stock up on about 200 tons of gold this year, nearly matching the 208 tons it purchased in 2015. That’s according to Anton Navoi, the deputy head of the statistics department at the Russian Central Bank. Navoi explained that it’s profitable for the state to buy the …
Read More »China is set to make waves in the gold market
From Filip Karinja, for Birch Gold Group With the recent launch of its yuan gold fix, China is making waves in precious metals markets. Traditionally, gold fixing was done at the London Bullion Market Association (LBMA). But finding themselves on the outside looking in, with gold prices dictated solely by the west, China …
Read More »Goldman Sachs takes over America and now Europe
While ordinary people fret about austerity and jobs, the eurozone’s corridors of power have been undergoing a remarkable transformation. More and more emerges about the role of ruthless scam bank Goldman Sachs as the main tool of the bankster elite for a relentless, hostile takeover of a Luciferian one world government. This …
Read More »Banker pleads guilty to Libor manipulation
Editor’s note: These criminal bankers need to be jailed for life, no more cash settlements. Essentially they pay the settlements with the money they stole from the crime that they were convicted of or the bill is footed by shareholders of the bank. A senior banker from a British bank has admitted conspiracy …
Read More »Australian economy has burst, worst yet to come
Curve Watchers Anonymous has its eye on the Australian dollar. As expected, it has taken a big dive in conjunction with a housing bust and a slowdown in China that impacts the demand for commodities. The only thing surprising to me about this plunge is how long it took, but …
Read More »War on Cash: the death of the $100 note
From Filip Karinja, for Birch Gold Group The global “war on cash” is back and bigger than ever. The move towards a cashless society seems to be final destination desired by governments and central banks around the world. Remember the days when you could park your hard-earned money in the bank and …
Read More »HSBC whistleblower to run for Congress
HSBC whistleblower and political hopeful Everett Stern. A bank whistle-blower is seeking a more powerful position from which to hold too-big-to-fail companies accountable. Everett Stern, a former HSBC employee who last summer called for fresh investigations into the company’s money-laundering controls, has launched a bid for Congress. Stern is campaigning …
Read More »Analysis of the BoE Quarterly Bulletin and What It Could Mean for Traders
The Bank of England (BoE)’s latest Quarterly Bulletin was published several days ago and now that the dust has settled it is possible to take out key points which may be of significance for traders. Uncertainty Over Prospects for Productivity Growth The National Living Wage has been raised, giving employees …
Read More »Housing bubble: 57% of Australians can’t afford $100 mortgage increase
A new study shows 57% of Australia mortgage holders could not handle a $100 increase in their loan repayment. Stress has turned up in even the wealthiest cities. But who is truly wealthy? Paper profits on homes with enormous mortgages does not constitute wealth. Please consider $100 Tipping Point for 57% …
Read More »US political circus: Debbie Wasserman Schultz involved in yet another DNC scandal
RNC Chairwoman Ronna Romney McDaniel warned that the scandal involving Rep. Wasserman Shultz’s IT staffer smashing hard drives and trying to flee the country isn’t being covered by the media and must be looked into. “(Wasserman Schultz) kept him on her staff. He was a taxpayer-funded government employee until yesterday …
Read More »Donald Trump: “I’m a nationalist and a globalist”
During an interview with the Wall Street Journal President Trump said he is both a nationalist and a globalist. President Trump made the statement while dismissing rumors of a growing split inside his White House between nationalists led by Steve Bannon and globalists led by Gary Cohn, Jared Kushner, and …
Read More »David Rockefeller dies aged 101 as plans for a ‘New World Order’ crumble
David Rockefeller, a globalist central banker who advocated a “New World Order” and mass population control while wielding vast influence over world leaders, died Monday at the age of 101. A family spokesman, Fraser P. Seitel, confirmed his passing. Rockefeller was well-known for openly bragging about the transnational elite’s plans …
Read More »US economy is headed for a recession
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 …
Read More »Establishment is losing control over the people: Nigel Farage
“The Empire is befuddled,” at Brexit, exclaims Nigel Farage, telling Alex Jones that globalist establishment is clueless on how to regain control. In a wonderfully frank interview, Farage explained that the establishment’s “problem is that it’s fighting this argument on several fronts at once.” “We’ve got the American elections going on, we’ve got a big referendum …
Read More »US mint sells almost as much gold on first day of 2016 as all of January 2015
While Chinese residents were lining up in front of banks and currency exchange kiosks, desperate to convert as many of their Yuan into dollars as the government will permit, Americans were likewise busy exchanging their own paper currency, so greatly in demand in China, into gold and silver. As Reuters reports, American Eagle …
Read More »Russia’s GDP shrinks 4.6% due to oil prices and sanctions
Russia’s economy suffered a 4.6-percent fall in GDP in the second quarter of 2015 against the same period last year, the worst performance in six years, according to official statistics. A collapse in oil prices and Western sanctions were largely to blame, however improvement is forecast in 3Q of 2015. …
Read More »Moody’s strips the UK of its AAA rating
Moody’s Investors Service has today downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch to Aa1 from Aaa. The outlook on the ratings is now stable. The key interrelated drivers of today’s action are: 1. The continuing weakness in the UK’s medium-term growth outlook, …
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