Tag: monetary protection

Switzerland: Ultimate Safe Haven For Liberty, Wealth And Gold

Switzerland: Ultimate Safe Haven For Liberty, Wealth And Gold

At Global Gold, I am often asked what we would do if, for example, the US comes out with a confiscation order. My reply is: We would do nothing whatsoever! Why? Quite simply, because no one in Switzerland has the political power to execute such an order! Even if Swiss politicians would support such a confiscation order, the Swiss people would likely have the final vote. I am confident that any such confiscation order wouldn’t have any chance to reach a majority in Switzerland, especially when it concerns assets held outside the banking system such as physical precious metals.

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Gold, Greece, The Death Of Paper Money And The Modern State

| April 9, 2015 | Category: Economy
Gold, Greece, The Death Of Paper Money And The Modern State

For those who understand the tremendous financial and geopolitical forces that today are vying not so much for supremacy as they were previously, but for survival; gold remains as it always has been—a store of value in times of monetary chaos and economic distress. In March 2007, I predicted that an economic crisis would happen. It did. That crisis has yet to run its course to make way for the better world to come. In my Dollars & Sense youtube video, . I make another forecast. These are interesting times. Get used to it.

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Silver and Gold Will Thrive Beyond Exponential Growth of Debt

Silver and Gold Will Thrive Beyond  Exponential Growth of Debt

Systems will reset and change when exponential growth at current or reduced rates becomes impossible. The transition is likely to be difficult, dangerous, and the ensuing trauma will not fade quietly into the night. Exponentially increasing debt supported by nothing more than exponentially increasing promises will end in national and/or global disaster. When the reset comes, and it may be years away, would you rather hold assets that are based on debt, trust in a possibly insolvent counter-party, and denominated in the currency of an increasingly insolvent government and central bank . . . . or physical gold and silver?

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Currency Wars Spread Worldwide As Turmoil In Forex Markets Intensifies

Currency Wars Spread Worldwide As Turmoil In Forex Markets Intensifies

Last week, global markets were dominated by the currency market as the U.S. dollar continued its unrelenting upward momentum impacting on dollar commodities including gold which ended the week at $1158.60 an ounce. Currently, the low interest rate environment has forced individuals to speculate and invest in equities in an attempt to generate some return for their investment. After all who in their right mind is going to pay a bank to keep their money? And, as the hard working individual continues to be penalised, global major banks are getting away with a list of crimes.

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What’s Behind Putin’s Insatiable Quest for Gold: Sovereignty, Diversification or Something Else?

What’s Behind Putin’s Insatiable Quest for Gold: Sovereignty, Diversification or Something Else?

Whether his insatiable appetite for gold is a desire to strengthen national sovereignty, flex his muscles in preparation for an economic battle in the global theater or remove the ruble from scrutiny against the U.S. dollar, two things are crystal clear: Strength comes from diversity, and Putin seems to be focused on converting his limited cash reserves into gold.

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Is It Time to Hide Your Money Under the Mattress?

Is It Time to Hide Your Money Under the Mattress?

“I don’t know what to do,” said my good friend Rob after inviting my wife Jo and me to dinner for the third time in two weeks. “I know I should do something. Every time I think about it, it scares the hell out of me! Maybe I should just hide everything under the mattress.”

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Monetary Insurance: Protect With Physical Silver Against The Financial Winter

Monetary Insurance: Protect With Physical Silver Against The Financial Winter

Charles Savoie wrote a very useful document for our readers. It is entitled “The Best Monetary Insurance”, counts 38 pages, and is a mix of practical tips embedded in an historical context. The key message of Mr. Savoie is to hold enough silver in physical form, ideally a mix of formats, but for sure silver dimes. In this article, we highlight the most actionable tips and tactics.

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Gold’s Protection Against Counterparty Risk Is Coming Alive

| March 16, 2014 | Category: Money & Currency
Gold’s Protection Against Counterparty Risk Is Coming Alive

To individuals, what matters is that physical gold is immune to counterparty risk. And this, ladies and gentlemen, we believe is the key take-away from the ongoing economic and financial turmoil. All those dollars, Treasuries, stocks, derivatives, e.a., running a risk to become the object of the new economic warfare, in the context of extreme leverage and excess liquidity, has one and only one antidote: unencumbered ownership of physical gold and silver.

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Gold Price Explodes In Ukrainian Currency

| February 27, 2014 | Category: Price
Gold Price Explodes In Ukrainian Currency

Recently, in the heat of the emerging market crisis, we wrote Gold Price Exploding In Emerging Markets. Today, it’s the turn of the Ukrainian currency. The Ukrainian hryvnia has fallen by 50.14% against gold in 2014 and by 28% in the last four days alone. Ukrainians who own gold have protected their savings – again showing gold’s safe haven properties.

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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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Money, Gold And Liberty – What Has Changed In 2013?

Money, Gold And Liberty – What Has Changed In 2013?

The last year has been an interesting year in many respects, especially for precious metals. We saw strange fluctuations in the gold price, mainly because of the paper market, and also “creative” ideas by governments on how to control their citizens and their wealth.

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Currency Suicide: Japan Experiencing The Ugly Effects Of Its Own Policy

| December 1, 2013 | Category: Money & Currency
Currency Suicide: Japan Experiencing The Ugly Effects Of Its Own Policy

One of the consequences of Japan’s currency debasement is now starting to show its ugly head: the cheaper Yen may be intended to stimulate exports but it simultaneously makes imports more expensive.

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China’s Gold Rush Continues, Imports Another 131 Tonnes In October

China’s Gold Rush Continues, Imports Another 131 Tonnes In October

The latest statistics show that China imported another 131 tonnes of physical gold in October through Hong Kong. The year to date net gold imports from Hong Kong to China total 967 tonnes. That is an astonishing amount of gold. To put this figure in perspective, one should note that the global production in 2012 was close to 2500 tonnes and that the US (having the highest gold reserves in the world) has a bit more than 8000 tonnes of gold reserves.

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