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"...the most powerful ammunition against deficit spending, fiat currency, sovereign debt, quantitative easing, failed Federal Reserve policy, and rampant inflation ever minted by man!"
When the currency collapses, a stock market crash is right on its heels. Glass-Steagall's repeal guarantees a banking collapse. Your life savings will be wiped out. The financial meltdown cascades like a roaring tsunami racing across the open ocean.
Entered By: Dave Hodges
Today’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce. Yesterday’s AM fix was USD 1,756.75, EUR 1,344.31 and GBP 1,081.81 per ounce.
Bitcoin is a pure electronic, fiat currency with no metals backing at all. It is accruing "value" and has huge exposure on such mainstream sites as Reddit.
If you think the Federal Reserve’s quantitative easing will only affect the US dollar, think again.
With the demise of the US Dollar is a new "currency" rising to replace it? Danny Panzella reports.
The idea of accepting bitcoin for political donations is intriguing, but can bitcoin comply with all of the rules and regulations for campaign finance?(Who cares, just do it,and let's see what the man says!)
Unknown to most Americans, there is a 51st state tucked away amid the Rocky Mountains.
Right now, there is a lot of talk about the evils of "capitalism". But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United States today, and what most of the world is living under, is much more
Below is a comprehensive list of alternative currency systems from around the world.
The euro strengthened against the dollar after a European Union official said a politically acceptable path will be sought for renegotiating Greece’s bailout conditions.
What can save Greece? Max Keiser and Hugo Price argue that a return to a silver drachma is one solution along with the firing of central bankers who continue to make the financial crisis worse.
Demand for safe haven currencies surged in May when investors were panicked about the Greek elections and weak economic data coming from the US, UK, eurozone, China and India.
Today, we're accustomed to thinking of small greenish paper rectangles as the definition of money, and we think of the US government as the only source of money.
President Cristina Fernandez is cracking down to keep hard currency from flowing out of Argentina, which needs the dollars to maintain its central bank reserves and pay debts.
In 2008 the Lakota people launched the Free Lakota Bank, in accordance with the demands of the treaty council, in partnership with the American Open Currency Standard and with protection from the Strong Heart Warrior Society.
The FBI sees the anonymous Bitcoin payment network as an alarming haven for money laundering and other criminal activity — including as a tool for hackers to rip off fellow Bitcoin users.
The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States. The Fed board announced Wednesday i
The People’s Bank of China last week widened the yuan’s daily trading band from 0.5 percent to 1 percent. In the short term, the Chinese central bank will continue to intervene in currency markets to ensure that no major fluctuations damage China’s s
The paper dollar is now the single most important source of systemic risk to the financial system, the world economy, and the security of the American people.
In December of 2013, the Federal Reserve Charter will come to an end. The monetary enslavement created by Woodrow Wilson and the Central Bankers will come to a close.
For years, technology has increased in scope almost to the point where electronic transactions could one day replace physical cash in selling and purchases, and additionally, the agenda and policies to force Americans to that new paradigm are current
HB 2731 was dropped this week by Rep. Cary Condotta, Rep. Matt Shea, and Rep. Overstreet to legalize gold and silver as legal tender in WA St. as directed by the US Constitution.
The Anti-Counterfeiting Trade Agreement (ACTA) is a proposed plurilateral agreement for the purpose of establishing international standards on intellectual property rights enforcement
President Barack Obama is considering naming Larry Summers, his former top economic advisor, as head of the World Bank, Bloomberg reports, citing "two people familiar with the matter." Summers, a former U.S. Treasury Secretary, Harvard Presiden
Over the past few months, I have written several articles dealing with the coming cashless society and the developing technological control grid.
The one-cent copper coin was made at the Mint in Philadelphia in 1793, the first year that the U.S. made its own coins. James Halperin of Texas-based Heritage Auctions said the sale was “the most a United States copper coin has ever sold for at aucti
We recently received a great question from a reader, Chuck, who asked, “Simon, I’m going to HK in 10 days to open a bank account, and I know there are options to do this in several foreign currencies. What foreign currency would you recommend to hold
The euro zone maelstrom refuses to end. Thanks to the debt crisis, some Greek officials are contemplating dumping the common currency for the drachma. Meanwhile, Italy and Spain teeter.
Nobody knows what is going to happen in the next year, let alone in the next three years. What follows is the theory behind the European Politicians losing the currency chess game.
