Tag: debt crisis

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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U.S. To Pay Off Public Debt 5747 Years At 100 Dollars Per Second

U.S. To Pay Off Public Debt 5747 Years At 100 Dollars Per Second

If a printing machine were to print one 100 US dollar note and one 100 Euro note every second, day and night, Saturdays and Sundays, without interruption, how long would it take to print the current level of debt of America and Germany? USA needs to pay off 67 human lives. Germany needs to pay off 8 human lives.

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Government Intervention in Gold and the Mega-Bubble in Paper

Government Intervention in Gold and the Mega-Bubble in Paper

In the latest Investor’s Digest of Canada, Johny Embry, strategist at Sprott Asset Management, praises one of the latest precious metals book. Obviously, the book he refers to is “The Gold Cartel; Government Intervention in Gold, the Mega-Bubble in Paper and What this Means for your Future” written by Dimitri Speck.

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25 Fundamental Questions About Debt, Money, and Gold

25 Fundamental Questions About Debt, Money, and Gold

In the era of information overload, people are starving for knowledge. It is one thing to hang on the lips of policy makers of this world, it is another thing to stay unbiased against their words and actions. In that respect, some basic, fundamental questions are too often overlooked (in general, by the mainstream). In that respect, we believe every self respecting individual should at least look for answer on very obvious questions, related to money and policy, like the following ones.

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Gold, Money, Markets – Key Questions for 2014

Gold, Money, Markets – Key Questions for 2014

In this article, author Gary Christenson lists 14 key questions which are highly relevant for the coming 12 months. It is really worth ones time to take a minute and reflect on the points, to avoid losing track of the big picture.

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This Is The Greatest Financial Market And Currency Manipulation Of All Times

This Is The Greatest Financial Market And Currency Manipulation Of All Times

In a week that has been marked by historic mainstream headlines, BFI Capital’s CEO Frank Suess happened to give an outstanding interview about the outlook of global currencies, gold and manipulation in the markets.

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Second-Greatest Opportunity To Buy Gold

Second-Greatest Opportunity To Buy Gold

Nick Barisheff writes: While there may still be price declines, I feel today’s situation is similar to that of the 1970s, and that we have the second-greatest opportunity to buy gold since 2002. Today many investors are tempted to sell their underperforming precious metal holdings and use the proceeds to purchase U.S. equities. But remember–the old Wall Street saying is “Buy low, sell high” NOT “Sell low, buy high.”

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Inflation vs Deflation – Monetary Tectonics In 25 Amazing Charts

Inflation vs Deflation – Monetary Tectonics In 25 Amazing Charts

How is gold impacted in this inflation vs deflation war? The key conclusion of the research is that, due to the fractional reserve banking system and the dynamics of the ‘monetary tectonics’, inflationary and deflationary phases will alternate in the foreseeable future. Gold, being a monetary asset in the view of Austrian economics, tends to rise in inflationary periods and decline during times of disinflation. The key take-away for investors is to position themselves accordingly and consider price declines as buying opportunities for the coming inflationary period.

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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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The Federal Reserve Is Leveraged Roughly 70 Times

The Federal Reserve Is Leveraged Roughly 70 Times

The Fed has $55 billion of total capital and assets of $3.843 trillion, which means that the Federal Reserve is leveraged roughly 70x.

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The Most Misunderstood Threat Of Economic Implosion

The Most Misunderstood Threat Of Economic Implosion

With a global competition in currency debasements, with limitless monetary stimulus, with decreasing effects of monetary expansion, with a conscious infringement of the monetary rules, it should be clear that there is hardly a way back for our leaders. Given this outlook, we believe it is a matter of “when,” not “if” the next collapse occurs.

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Bank Bail-ins Are Now Regulated By Eurozone Finance Ministers

Bank Bail-ins Are Now Regulated By Eurozone Finance Ministers

The Irish Times writes today that EU finance ministers have agreed a set of rules that could be used to wind up insolvent banks. In future, banks creditors – including potentially savers – would suffer losses should European financial institutions collapse. That comes after Irish Minister for Finance Michael Noonan said “Bail-in is now the rule” back in June of this year.

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The Coordinated Effort To Suppress The Gold Price

| December 1, 2013 | Category: Price
The Coordinated Effort To Suppress The Gold Price

In this interview with Dimitri Speck, the gold price suppression scheme of the last 2 decades is discussed. In terms of gold’s outlook, the most likely scenario is one comparable to the current Japan: suppress deflation, stimulate slight inflation while avoiding strong inflation. In this scenario, the velocity of money will increase, savers will step out of the banking system, inflation will occur in asset and consumer prices. Gold is the best hedge in such a scenario.

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