Search Results for: japan

Citigroup braces for global recession, calls for QE in China

China QE Chinese yuan

China has bungled its attempt to slow the economy gently and is sliding into “imminent recession”, threatening to take the world with it over coming months, Citigroup has warned. Willem Buiter, the bank’s chief economist, said the country needs a major blast of fiscal spending financed by outright “helicopter” money …

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Rich list: 80 people with more money than 1/2 of humanity

Super rich elite yacht

Since the “financial repression,” the most powerful people have only gotten more powerful. A 2013 Oxfam report found that 80 people had as much wealth as 1/2 of humanity, and a few months later Forbes said the number had dropped to 67. Many of us asked who exactly these people are, …

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Asia facing shortage of silver

In my last piece entitled “Exciting Times: A whole new price discovery paradigm is literally around the corner”, I had mentioned that we need to stop looking at the COMEX for a physical default, as they have all the paper tools and games to cover up any physical shortages – at …

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New ad from Australian bank will shock you

ANZ

If you’re looking around right now for a new bank account that pays a reasonable rate of return, ANZ bank has a hell of a deal for you: 0%! That’s right. ANZ is offering its depositors absolutely zero interest. Now, a bank paying 0% isn’t exactly abnormal in today’s banking environment. But …

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Korean peninsula on brink of war

North Korea military

War between North and South Korea could break out at any moment, an ambassador from Pyongyang told the UN. He accused Seoul of instigating conflict and ‘increased hostilities’ towards Pyongyang. Ri Tong-il, North Korea’s ambassador to the UN, said in an address that “no one knows when war will break out”between …

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Occupy Monsanto protestors shutdown GMO seed distribution facility

Monsanto biohazard

On Wednesday, September 12 activists calling themselves the Genetic Crimes Unit (GCU) shut down shipping and receiving access points at Monsanto’s Oxnard seed distribution facility located at 2700 Camino Del Sol. By peacefully blockading the exit and access points the group effectively shut down the distribution of genetically engineered (GMO) …

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Amazing photos show what the world really eats

What do you and your family eat each week? You may be shocked to see the significant variation even between relatively ‘similar’ nations when it comes to diet. While many families within the United States and Mexico include fast food and soda into the core of their nutritional program, families …

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Bitcoin is now bigger than Bayer, Goldman Sachs & Nike

Bitcoin market cap Goldman Sachs

The value of the world’s largest cryptocurrency bitcoin has broken the $5,800 mark, hitting another all-time high before retreating to the $5,600-$5,700 level, still close to the maximum. Its market capitalization is approaching $97 billion. If bitcoin were a company, its market cap puts it in the same league as …

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Worst economic problems of our lifetimes coming soon – Jim Rogers

Jim Rogers economic problems lifetimes coming soon

Renowned investor Jim Rogers has forecast the next financial crisis will be the worst in our lifetime where governments and countries could “disappear” and said people should start to “get very worried”. In a podcast interview with MacroVoices Erik Townsend, billionaire commodities investor Rogers (pictured) forecast firms disappearing, in the …

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Central banks dump U.S. debt at record pace

Central banks dump US debt record pace

Global central banks are unloading America’s debt. In the first six months of this year, foreign central banks sold a net $192 billion of U.S. Treasury bonds, more than double the pace in the same period last year, when they sold $83 billion. China, Japan, France, Brazil and Colombia led …

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China to allow direct conversion between Yuan and Swiss Franc

Chinese clerk with yuan notes

China took another step to boost the yuan’s global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International Monetary Fund. The link will start on Tuesday, the China Foreign Exchange Trade System said in a statement, making …

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Russia reduces US debt holdings by 40% over past year

USD US 100 dollar note

Russia held $66.5 billion in US treasury securities in April 2015, down from $116.4 billion in April the previous year. The amount of US government bonds held by Russia reduced by more than 40 percent in one year, according to figures released by the US Treasury on Monday. In April 2015, Russia held $66.5 billion in US government debt, down from …

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Venezuela looking to ban GMO seeds

venezuela

The new legislation would protect small and medium producers, favour the use of seeds for the environment and human health, and the creation of an institution working on the topic. Venezuela is going forward in the defintive elaboration and approval for a law guaranteeing security and sovereignty against the threat …

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The 100th monkey effect

The Japanese monkey, Macaca fuscata, had been observed in the wild for a period of over 30 years. In 1952, on the island of Koshima, scientists were providing monkeys with sweet potatoes dropped in the sand. The monkeys liked the taste of the raw sweet potatoes, but they found the …

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Trump’s dollar warning sends US currency tumbling

Dollar warning Trump US currency tumbling

President Donald Trump has triggered a sharp decline in the US dollar by criticizing the currency’s strength on the back of increased confidence in his presidency. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me. But that’s hurting – that …

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Triple-digit silver prices coming

Silver bullion 999

The head of a major silver mining company says he thinks we will see triple-digit silver prices in the near future. Keith Neumeyer serves as CEO of First Majestic Silver Corp. The company ranks as the second largest silver producer in Mexico – the world’s leading country in silver production. Neumeyer …

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Federal Reserve is unable to raise interest rates

Federal Reserve interest rate decision

From Filip Karinja, for Birch Gold Group The Federal Reserve has announced that it will keep rates as is for the time being, at 0.5%. Previously, the Fed said it would carry out four increases in 2016, each by 25 basis points. However, as the months pass, the Fed seems to be stalling. …

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IMF approves Chinese yuan to rival US dollar on the global stage

International Chinese yuan IMF SDR

From Filip Karinja, for Birch Gold Group As we predicted it would happen, the International Monetary Fund (IMF) made a historic decision this week in international finance by adding the Chinese yuan into its basket of currencies that make up the global exchange unit known as the SDR. Created back in 1969, the SDR (Special …

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4th unexplained explosion rocks China

Explosion in China industrial chemical plant

A fourth industrial explosion has rocked China, this time in the Zhejiang province. When the Tianjin explosion happened right after China’s currency devaluation (i.e. currency war), we were told by Chinese dissidents that the United States was engaged in “kinetic retaliation” against China for its cyber warfare attacks and currency moves. Naysayers insisted …

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