Tag Archives: money

The Fed and the ECB determine to destroy the middle class

While Wall Street cheers the actions by the Fed to further enlarge its already bloated Balance Sheet, those of us who live on Main Street should get accustomed to further increases in our food and energy costs. What I find rather perverse, is the statement by the FOMC that “longer …

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Cui Bono: who benefits from the Federal Reserve?

Does the Federal Reserve benefit the nation, or just the banks? Cui bono–to whose benefit?–is a skeptic’s scalpel that cuts through the fat of propaganda and political expediency to the hard truth. Since the world has been trained (in Pavlovian fashion) to hang on every word issued by America’s privately owned …

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Italy to ban cash transactions over €50 in 2013

Italian flag

You won’t even be able to fill up your car without a credit or debit card in Italy beginning in 2013, as the Italian Council of Ministers has voted to increase the current capital controls banning the use of cash on transactions over €1,000, down to any transaction over €50! As …

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Gold, silver and a major October surprise – Celente

gold

Today top trends forecaster Gerald Celente told King World News, “They (central planners) are going to destroy the money, and they are going to do everything to try to keep the gold and silver markets down.”  Celente warned about a major “October surprise.” He cautioned, “Anything could happen at any time. …

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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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Peak silver is here!!

The world doesn’t yet realize it, but the forces coming down on the gold and silver markets are truly unbelievable.  These forces can’t be comprehended by any type of charting. Presently, much of the focus in the gold and silver community is in the MANIPULATION & FINANCIAL SYSTEM.  However the physical forces …

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Where has all the money gone? – Robert Kiyosaki

Robert Kiyosaki

Why American Wealth is on the Decline? When I was growing up, America was considered the poster child for wealth and power. It had a strong and independent middle class, a thriving business and manufacturing sectors, and a solid commitment to free enterprise. When I was growing up, we didn’t …

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How long will the dollar remain the world’s reserve currency?

We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy.  But this is a dangerous and mistaken assumption. Since August 15, 1971, when President Nixon closed the gold window …

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The US will be on a gold standard in 12 to 24 months – Schiff

Gold Standard America Peter Schiff

Today Peter Schiff stunned King World News when he said the US will be back on a gold standard “… in a year or two.” Schiff also said, “I would have expected a (financial) collapse to have already happened.”  Schiff went on to warn, “… at this point I’m going to …

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