Tag: banking system

David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately

David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately

Listen to the Podcast Audio: Click Here Mike Gleason (Money Metals Exchange): It is my privilege now to be joined by our good friend David Morgan of The Morgan Report. David, I hope you’ve been having a good summer and welcome back. It’s always a pleasure to talk to you. David Morgan (The Morgan Report): Thank you very much, and yes, I have been having a wonderful summer. Thank you. Mike Gleason: Well, as we begin here, David, please give us your thoughts on the recent pullback in the metals. We’ve maybe been overdue for a correction for a while now. I know in following your work, you’ve been calling […]

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The Colors of Money Andrew Jackson Still Fights the Banking War

The Colors of Money Andrew Jackson Still Fights the Banking War

By Guy Christopher, Originally Published on Money Metals Exchange This year marks the 101st anniversary of Andrew Jackson rolling over and over in his grave. Back in 1915, the brand new Federal Reserve pasted the 7th President’s likeness on its first $10 debt note – a sharp slap to the President who fought and won his famously bitter battle to destroy the “corrupting monster” of central banking. Old Hickory’s 1836 victory held steady until 1913, when the bankers gathered in secret at Jekyll Island, Georgia to plot the greatest bank robbery in history. The scheme was simple. First, print all the money they wanted, backed only by government promises. Then, […]

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Costs For Banks To Hold Gold To Rise Up To 300 Pct

Costs For Banks To Hold Gold To Rise Up To 300 Pct

As noted by Reuters, new liquidity rules for banks in the EU could raise costs for trading gold by up to 300%. Consequently, banks will be forced out of the market, according to London Bullion Association (LBMA).

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Banking Policies Are Becoming Injurious to Your Financial Well-being

| June 25, 2015 | Category: Investing
Banking Policies Are Becoming Injurious to Your Financial Well-being

Immensely powerful central bankers believe that they can safely “fly high” with their monetary policies. But like Icarus, who flew too close to the sun and plunged from the sky when his contraption fell apart, so too do our monetary authorities run the risk of similar demise – and taking the rest of us down with them.

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Elite’s Game Of Jenga In Place. You Should Not Own Gold Or Silver.

Elite’s Game Of Jenga In Place. You Should Not Own Gold Or Silver.

If you let the Harlan K Ullmans of the world dominate your life, or go through life in an unexamined manner, the elite’s unfolding game of Jenga, unseen but visible to the curious eye seeking to be informed, will destroy you. None of those in control want you to own gold or silver. It is an act of individualism, a non-state action, but if you do not have or own either gold/silver, you are playing totally into the hands of those state-actors bent on making you subject to their whims.

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An Insane Financial World

An Insane Financial World

A few words come to mind: anger, anguish, bankruptcy, betrayal, depression, recession, repression, riots, stagflation, and trauma. In a saner world, we will depend far less on fiat currencies that are devalued easily and inevitably. Instead we will trust gold and silver more and paper much less. My advice: Create your own financial sanity!

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Cash Used By Banks In Latest Act Of Financial Repression

Cash Used By Banks In Latest Act Of Financial Repression

Governments and banks around the world are making it more difficult to save and transact with cash in their latest attempt to financially suppress their citizens. Their goal is to force you to deposit cash and charge you interest as well as having total control over the money on deposit.
Not surprisingly, the reason given was to “fight terrorism!” The war on cash is proliferating globally. Recently, the Swiss National Bank implemented negative interest rates without first solving the “problem” of how to prevent cash from fleeing the banks. And as to be expected, prudent depositors started doing some calculations.

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JPMorgan Chase Cracks Down on Cash. Is Your Bank Next?

JPMorgan Chase Cracks Down on Cash. Is Your Bank Next?

JPMorgan Chase very recently began test driving new rules in Cleveland as well as other markets.The bank will no longer accept cash from customers who want to use it to make mortgage payments, pay credit card balances or to cover their automobile loan. More and more people will be looking for ways to make it stop. This is where things promise to get interesting for gold and silver investors.

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Asia Will Have More Impact on Financial Markets Than U.S. Fed Rhetoric

| March 31, 2015 | Category: Economy
Asia Will Have More Impact on Financial Markets Than U.S. Fed Rhetoric

Right now, global financial markets are reacting to what the Federal Reserve may or may not do. At the last FOMC meeting, Yellen decided to drop the word “patience” from its forward guidance. As far as I am concerned, the word patience is irrelevant and it makes no sense whatsoever, why this one word from the Fed should have such an impact on global financial markets. But, this is the madness of today that has pervaded these markets. Basing critical investment decisions on garbage rhetoric, lies and deception rather than real, truthful and important fundamental information have become the norm. To me, it is unbelievable that people have attempted to predict the action of the most powerful bank in the world by deciphering the meaning of one word when the fundamentals are so very clear?

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Crazy is My Middle Name

| March 18, 2015 | Category: Economy
Crazy is My Middle Name

Absolutely DO NOT buy gold or silver – they pay no interest and are dangerous, unlike unbacked paper loaded with both currency and interest rate risk issued by insolvent governments.”

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Precious Metals Insurance Against Destructive Policies Of Financial/Political Ellite

Precious Metals Insurance Against Destructive Policies Of Financial/Political Ellite

What I find extremely annoying is the fact that while these banks commit just about every financial crime imaginable, the regulatory bodies refuse to prosecute any banker and continue to harass hard working individuals instead. And, many of these individuals have merely taken precautionary measures to protect their wealth against corrupt governments as well as bad monetary policies.

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Banker’s Grip On Gold And Silver Not Over Yet

| February 21, 2015 | Category: Price
Banker’s Grip On Gold And Silver Not Over Yet

There are approximately 156 weekly bars on this chart going back almost 3 years. There are only 5 other weekly closes lower than last week. Clearly, the facts of price behavior give evidence of a weak market. It does not matter what your beliefs may be of the underlying “fundamental facts.” The existing reality of current pricing is all that counts. The difference between the fundamental facts and current price is not in harmony, for whatever reason, but it is how the market, in total, is pricing silver that counts. Always go with existing price as the most accurate measure. Opinions vary. Price is.

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Very Strong Indirect Reasons To Buy Precious Metals

| January 10, 2015 | Category: Investing
Very Strong Indirect Reasons To Buy Precious Metals

When the fiat Federal Reserve “dollar” finally loses its status as the world’s reserve currency, gold and silver will have then begun to make an upward price adjustment or will begin to make the upward adjustment, and all who paid much higher prices for gold and silver will stop whining about price. In this article are a few examples of very strong, not so unrelated reasons for actively buying physical gold and silver.

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Is It Imaginable That Governments Would Confiscate Your Bank Account?

Is It Imaginable That Governments Would Confiscate Your Bank Account?

In this video featuring resource investor Rick Rule and sound money specialist Mike Maloney, both men discuss the high probability scenario in which governments will confiscate our bank accounts (or parts of it).

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