Search Results for: money

Our collapsing economy and currency

USD money

Is the “fiscal cliff” real or just another hoax? The answer is that the fiscal cliff is real, but it is a result, not a cause. The hoax is the way the fiscal cliff is being used. The fiscal cliff is the result of the inability to close the federal …

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“Pay me in gold before dollars have no value” says politician

Jerry O'Neil gold

Jerry O’Neil, six-term GOP state representative in Montana, has asked to receive his salary (which at $10.33 per hour is around $1800 per month) in gold or silver. The long-standing legislator was driven to this decision by his constituents’ concerns about the nation’s massive debt-load and fears of our country’s collapse as “only so …

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Dollar collapse: 7 of 10 Asian countries turn to yuan

USD Dollar Yuan money

A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China’s successful bid to internationalize its currency, a research report has said. The Peterson Institute for International Economics, or …

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Silver price to ‘increase 400% in three years’

silver bar

The silver bull run will continue says investment specialist Ian Williams of Charteris Treasury. Silver will increase in value five times over the next three years, according to mixed asset fund manager Ian Williams. “Silver is about to enter a sustained bull market that will take the price from the …

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World’s richest man doubles down on gold

Carlos Slim worlds richest person

Business magnate Carlos Slim just bet a whole lot of money on gold. The world’s richest man, valued around $69 billion, just put $750 million into several gold mining projects in Mexico through his Minera Frisco SAB company. Slim swooped in as a company named AuRico fell on tough times. …

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Do western central banks have any gold left?

Bank of England gold vault

Somewhere deep in the bowels of the world’s Western central banks lie vaults holding gargantuan piles of physical gold bars… or at least that’s what they all claim. The gold bars are part of their respective foreign currency reserves, which include all the usual fiat currencies like the dollar, the …

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Look out silver, here comes solar demand

Solar Panels silver

In early July, Japan set a premium price for solar energy that was three times the rate of conventional power. This meant utility companies would be paid three times more for electricity sourced from solar. It’s widely expected that the premium will ignite the use of solar power – and …

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Sweden aims to be cashless society

With just three per cent of all financial transactions involving cash, country moves to eliminate physical legal tender. Swedes are among the technologically savvy people on the planet, based on their high rates of use of mobile phones and internet banking. In fact, only three per cent of all financial …

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Bankster fraud has driven 100 million into poverty, killing many

Fraud caused the Great Depression and the current financial crisis, and the economy will never recover until fraud is prosecuted. Fraud is the business model adopted by the giant banks. See this. The Obama administration has made it official policy not to prosecute fraud.  Indeed, the “watchdogs” in D.C. are so corrupt that they are as easily bribed as a policeman in a third …

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The Federal Reserve cartel: The Eight Families

(Part one of a four-part series) The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly …

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Punk Economics: Part 4

The Punk Economics series by Irish economist David McWilliams is a great way to get up to speed as to what is going on with the world economy in a quick, fun and easy to digest manner. Here’s part 4: [youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=NHjLO_cw5iE[/youtube]   Click here to catch part 1, 2 and 3 from …

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Iceland to remove power from banks to steal money

Iceland banks Frosti Sigurjonsson

Iceland‘s government is considering a revolutionary monetary proposal – removing the power of commercial banks to create money and handing it to the central bank. The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling …

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6 Ways To Make Extra Money From Home

Wouldn’t it be great if you had some extra money every month? Living paycheck to paycheck isn’t living at all. A few years ago, I was working two retail jobs so that I could pay for all my bills. By the time I had paid for all my expenses, I …

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Who is Making Money from Your Personal Data?

This is the age of big data. Every website we click, web query we search or mobile app we use creates its own data stream. Companies are investing more and more into using this unfathomably huge amount of data to learn about buyer activities and to tailor their product and …

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Banks can legally steal customer funds from private checking accounts

Money-out-of-piggy-bank

In 2007, the Sentinel Management Group (SMG) collapsed, leaving many customer segregated funds lost after they had been used as collateral. After a plethora of lawsuits and creditor claims, a decision earlier this month in the 7th Circuit Court placed the banking cartels ahead of customer claims for funds returned. Essentially, the …

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