Search Results for: dollar

Ron Paul: “It’s going to get much, much worse”

Ron Paul

Dr. Ron Paul has long been a leading voice for limited constitutional government, low taxes, free markets, sound money, civil liberty, and non-interventionist foreign policies. His last term in the U.S. House of Representatives ended earlier this year, so we caught up with the former Congressman to get his latest …

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Australia will be a casualty of the currency wars

Australian money currency

The world’s most powerful nations are sitting on zero interest rates and printing money to get their currencies down, and there’s very little Australia can do about it, writes Alan Kohler. The currency war will be on in earnest in 2013 as the United States, Europe, Japan and China all …

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Argentina and China sign $1b currency swap deal

currency swap China Argentina

Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign reserves. It comes as part of a loan worth $11 billion signed in July by Argentina’s …

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Pentagon doesn’t know where $6.5 trillion went, audit reveals

Pentagon audit

By Jay Syrmopoulos A new Department of Defense Inspector General’s report, released last week, has left Americans stunned at the jaw-dropping lack of accountability and oversight. The glaring report revealed the Pentagon couldn’t account for $6.5 trillion dollars worth of Army general fund transactions and data, according to a report …

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Why Obama should bust Netanyahu for 9/11

Obama

All observers admit it: Israeli Prime Minister Benjamin Netanyahu did everything in his power to destroy President Barack Obama’s political career. President Obama should return the favor. He should destroy Netanyahu’s career in the biggest, most spectacular way possible – by busting Netanyahu for 9/11. The major US and international …

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Trump’s missiles blow investors into safe havens

Investors safe havens Trump

Even before missiles flew out of America’s warships to bomb Syrian military bases, gold was slowly increasing in value in anticipation of the Trump-Xi summit. After the bombs landed, gold has hit a 5 month peak as investors look for safe havens. Other safe havens such as the Japanese Yen …

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China devalues its currency for three days straight

Chinese yuan notes China

From Filip Karinja, for Birch Gold Group Former President George Bush is famous for once saying, “Fool me once, shame on you. Fool me… you can’t get fooled again.” Most of us know that it’s supposed to end, “Fool me twice, shame on me.” But what’s said when you get fooled …

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Trump’s impulsive rhetoric and its impact on the currency markets

Trump impact currency markets

Trump’s campaign trail was filled with nauseating rhetoric on the nations, policies and business approaches he did not look. He employed a hair raising combative approach to reign hell on those he despised, those he felt were less humans and policies he claimed meant everything wrong for the ordinary Americans. …

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Why Qatar is being targeted, petro-yuan dominance & the coming war on Iran

Qatar oil and gas field

Qatar hasn’t been playing ball with the US-approved, Saudi-led ‘isolate Iran’ program. Partly because Doha has made independence from Riyadh a hallmark of its foreign policy, but mostly because Qatar and Iran share the world’s largest natural gas field. US President Donald Trump’s speech to the assembled Gulf leaders in …

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Citibank to pay $425m to settle manipulation charges, no one jailed

Citibank manipulation charges settled

The Commodity Futures Trading Commission on Wednesday ordered Citibank to pay $425 million to settle charges including attempted manipulation and false reporting of several key currency-valuation benchmarks. The regulators said $250 million in the settlement relate to the U.S. Dollar International Swaps and Derivatives Association Fix between January 2007 and January 2012. The USD …

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$16,015,769,788,215.80

$5.4 trillion added under Obama. The United States Treasury reports that the total public outstanding debt is: $16,015,769,788,215.80. This is the first time in American history debt has eclipsed the $16 trillion mark. The debt has increased approximately $5.4 trillion since President Obama took office on January 20, 2009. Here’s a chart, from the …

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Three signs the entire system is changing right now

China CIPS Putin Russia Bitcoin Credit Card

When I was a kid growing up in the early 80s, the United States was the undisputed dominant superpower in the world. The US dollar was awe-inspiring; on a trade-weighted basis, the dollar index was at an all-time high, and had never been as strong ever before… or since. And …

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5 trends that show China is about to redefine the gold market

China gold market

Apple spent about five years developing the iPhone, which has changed the smartphone market forever. Until the release, however, nobody could imagine what impact the iPhone would have on the market. And most consumers didn’t know about it at all. The same thing is happening with China and gold right …

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China’s plan to dominate the global gold market

China dominate global gold market

Status as one of the world’s biggest bullion importers, participation in the gold fix at the London exchange and a plan to establish a jewelry gold investment center in Shanghai has turned China into one of the leading players in the global gold market in 2016. Gold entered the New …

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Texas wants its gold back from the Federal Reserve

Texas flag gold

From Filip Karinja, for Birch Gold Group In the past few years, we’ve seen a groundswell of nations demanding their gold back from the New York Federal Reserve. Already, that list includes Germany, Austria, Netherlands, Belgium and Venezuela. Now another place is joining the list, but it isn’t a country: It’s …

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Saudi Arabia is losing money fast, dumping of US debt expected

Saudi Arabia King Salman Obama

From Filip Karinja, for Birch Gold Group With the price of oil plunging and increased military spending in Yemen, Saudi Arabia is dipping into its reserves to make ends meet. In December alone, the kingdom blew $19.4 billion of its now remaining $608.4 billion. With the nation burning through almost $100 billion in reserves in …

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Stock markets crashing as investors seek safety in gold

Stock market gold

U.S. Investors are on edge following last week’s and today’s sell-off in stocks around the globe. The carnage impacted equity markets in Asia, Europe, and the U.S. Interestingly, the U.S. dollar also weakened. And bonds and gold are getting most of the safe-haven buying. People are starting to wonder what …

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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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