RSSCategory: Category: Economy

Banks Disparage Gold Ownership and Engage in Largest Financial Crime Spree

| January 21, 2014 | Category: Economy
Banks Disparage Gold Ownership and Engage in Largest Financial Crime Spree

Our entire global financial is corrupt. And, while it is necessary to have a bank account in order to engage in transactions, it is equally important to have a store of wealth kept outside this system. And, the best way to do this is to own gold.

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A Glimpse into the Coming Collapse

| January 19, 2014 | Category: Economy
A Glimpse into the Coming Collapse

The value in projecting what the collapsing governments may do to their citizens is not merely an exercise in speculation. If the reader concludes that there is a significant percentage of likelihood that any of the above are coming his way, he would be well-advised to assess whether they are developments that he feels he could live with. If not, he might wish to assess how much time he has before these events become a reality and what he may do to sidestep their impact on him.

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How The US Likely Cheated On Productivity And Inflation Statistics

| January 16, 2014 | Category: Economy
How The US Likely Cheated On Productivity And Inflation Statistics

If we had a too low inflation computation, this would be overstating real GDP. The computation of productivity gains from the overstated real GDP would be overstated as well. But those supposedly high productivity numbers are betrayed by the trade, currency and Capex directions. It is hard to manipulate nominal GDP, however we already noted in a previous piece how a repressed inflation computation would lead to repressed nominal rates which would in turn promote an explosion of credit.

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Precious Metals: Hedges In Inflationary Or Deflationary Depressions

| January 15, 2014 | Category: Economy
Precious Metals: Hedges In Inflationary Or Deflationary Depressions

Fire and Ice have little impact upon gold and silver. Gold and silver were money long before the unholy union of fractional reserve banking and government unleashed Fire and Ice upon our world through inflating paper currencies and deflating debt. It is time to protect our financial future with gold and silver – Fire and Ice resistant assets.

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2014 The End Of The Beginning

| January 8, 2014 | Category: Economy
2014 The End Of The Beginning

Ponzi-financing is the final stage in the bankers’ 300-year old ponzi scheme. An extreme deflationary collapse is about to take away all what credit created and the take-away will not be easy for those attached to the world that is passing away. The global economic collapse along with increasingly severe earth changes, e.g. record heat, record cold, earthquakes, drought, floods, etc., are the trigger events for a paradigm shift of cosmic proportions. The rebalancing of universal polarities is underway. A better world is coming.

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Gold Repricing of 1933 Was Just A Debt Default

Gold Repricing of 1933 Was Just A Debt Default

“… the United States had already defaulted on its sovereign debt in April 1933 to domestic and external creditors alike. The abrogation of the gold clause in conjunction with a subsequent 40 percent reduction in the gold content of the U.S. dollar (January 1934) also amounted to a debt haircut amounting to about 16 percent of GDP.”

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Two More IMF Papers See Savings Tax And Fiscal Austerity Coming

Two More IMF Papers See Savings Tax And Fiscal Austerity Coming

As we finally arrive in the magic year 2014, in which almost every economic and business cycle is trending down, it seems that the idea of a debt reduction through savings confiscation is gaining traction. If it would have been true that the debt crisis was contained, then there is a huge divergence with what the IMF research lab is producing. In December alone, two working papers appeared in which debt restructuring is mentioned as the most likely way to reduce the untenable debt burden.

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Ron Paul vs Paul Krugman: Who Is The True Prophet, Who Is The False?

| November 29, 2013 | Category: Economy
Ron Paul vs Paul Krugman: Who Is The True Prophet, Who Is The False?

Journalist Jeremy Hammond had the ingenious idea of contrasting the Austrian, free-market school of economics with the Keynesian, pro-government school on the recent financial crisis through a close examination of the words of two commentators: former Congressman Ron Paul, schooled in the Austrian perspective, versus the Nobel Prize–winning Keynesian and New York Times columnist Paul Krugman. The book is a must read for everyone who is serious about economics and looking for the truth.

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Tips From Legendary Contrarians To Prosper During This Crisis

| November 18, 2013 | Category: Economy
Tips From Legendary Contrarians To Prosper During This Crisis

In this video released by Future Money Trends, several legendary contrarians explain their vision on economic developments in the coming years. Some of them provide tips on how to thrive and prosper in these challenging economic times.

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Why Banking, Corporate America And The Government Need Each Other

| November 14, 2013 | Category: Economy
Why Banking, Corporate America And The Government Need Each Other

It should not come as a surprise that banking, industry and government are closely connected. In order to understand who is behind most of decisions and who the beneficiaries are, one should go back in history to the end of the 19th century. Murray N. Rothbard revealed in his book “Wall Street, Banks and American Foreign Policy” in great detail that the financial and political stakeholders are one and the same. Join us on this journey behind the scenes where the banking elite, the corporate elite and politicians in the United Stated laid the foundations of their empire.

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Financial Repression Starts Showing Its Ugly Head

| November 7, 2013 | Category: Economy
Financial Repression Starts Showing Its Ugly Head

2013 is proving to be a hallmark year in the ongoing saga which is called “economic recovery.” If anything has started to become blatant, it is undoubtedly the distortion in money, markets and metals.

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Easy Money Is Again Leading To Bubbles – Courtesy Of Central Banks

| November 3, 2013 | Category: Economy
Easy Money Is Again Leading To Bubbles – Courtesy Of Central Banks

In this week’s commentary, John Mauldin looks at two highly relevant concepts: easy money (call it QE or money printing) and economic bubbles. Obviously the two are linked to each other. Although in the minds of central bankers there is not necessarily a direct effect between both, we simple human beings all know that the inherent risks are huge. After having studied a lot of the materials, speeches, presentations by the central banking pundits, our key take-away is that central bankers believe they can “manage” the effects of their monetary policies.

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Peter Schiff: The Collapse Of The Dollar Is Unavoidable

| October 22, 2013 | Category: Economy
Peter Schiff: The Collapse Of The Dollar Is Unavoidable

In a Q&A with GoldSilverWorlds, Peter Schiff, explained why the mother of all collapses is still in front of us and shared his top tips on how to protect financially. Looking at the course of the economy and the markets, Schiff sees a confirmation of the outlook he presented in his books. The collapse of the dollar is unavoidable and will be the worst of all crises.

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The Ongoing Depression Could Force A Return To The Gold Standard

| October 19, 2013 | Category: Economy
The Ongoing Depression Could Force A Return To The Gold Standard

This is an excellent interview with Jim Rickards. He explains that we are in a depression currently. The answers to that problem from the US government and central bank will likely force them to impose monetary discipline through the return to a gold standard. The longer the dollar based monetary system is suppressed, the more likely that market forces will induce a dollar collapse. This piece provides deep insights in a complex matter, brought in an easy to understand way.

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