Tag: monetary system

The Fall Of The Dollar Based Monetary System: Russia Puts The Avalanche In Motion

The Fall Of The Dollar Based Monetary System: Russia Puts The Avalanche In Motion

We have detected four different trends by analyzing the events and announcements in the last couple of months. Trend 1: Russia and China are becoming very strong allies. Trend 2: BRICS countries are forming a new block, also monetary. Trend 3: Yuan is gaining trust on a global level, bypassing the dollar.

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Model Portfolio From Jim Rickards To Survive The Monetary Collapse

Model Portfolio From Jim Rickards To Survive The Monetary Collapse

In this interview, Jim Rickards, author of the book “The Death Of Money”, explains several key concepts of his book. His book is written in a very accessible way and offers pragmatic insights and tips related to the coming collapse of the monetary system. One way of those insights is a model portfolio which Rickards describes in great detail in his book. In one of the following paragraphs, he shares a preview.

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Only A Widespread Understanding Of Money And Credit Will Change Our System

Only A Widespread Understanding Of Money And Credit Will Change Our System

We must understand what money actually is… and why Gold is money. As J. P. Morgan famously stated, ‘Gold is money… everything else is credit’. To put it bluntly, bank notes, Dollar bills, all forms of Fiat currency are IOU’s; that is, credit (debt)… and circulating debt notes cannot extinguish debt, they simply shuffle debt around. Money and debt are polar opposites.

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Jim Rickards: Our Monetary System Is Instable and It Will Collapse

Jim Rickards: Our Monetary System Is Instable and It Will Collapse

What matters is the instability of the system. What you need to study is the instability of the system. If you get that right, you will be able to see the collapse coming. The trigger is really irrelevant. A trigger could be the failure of a firm, the failure of an exchange, some kind of panic, a natural disaster, suicide of a prominent person. It really doesn’t matter what it is; what matters is your system is instable and it is going to collapse.

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How This Monetary Experiment Will End

How This Monetary Experiment Will End

Central banks around the world are now printing money virtually out-of-thin air, virtual money, in order to provide the requisite liquidity that severely stressed capital markets require. This money, however, never reaches the economy-at-large. It is instead fueling asset bubbles in global stock markets sparked by the speculative frenzies induced by the bankers’ excess credit.

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The Renaissance Of Gold In Classic Finance Will Continue

The Renaissance Of Gold In Classic Finance Will Continue

Regarding the US dollar, global confidence for it as reserve currency has definitely started to wane. Without a return to sound financial and monetary policy the US dollar sooner or later will be questioned sooner or later. I am absolutely certain, that the renaissance of gold in classical finance will continue.

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Bankers Tell It Like It Is – Top 10 Quotes That Reveal Their Crimes

Bankers Tell It Like It Is – Top 10 Quotes That Reveal Their Crimes

The arrogance, elitism, and condescension of bankers towards the common citizen are starkly revealed. These brilliant criminals have created the Ponzi scheme of all Ponzi schemes and so far, protected it from any form of criminal prosecution. However, that might be about to change. Awareness of their criminality is growing throughout the world at a rapid pace but never doubt that this group will fight tenaciously and be willing to go to any extremes to protect their centuries’ old scam. We predict there will undoubtedly be more strange banker deaths ahead of us in the ensuing weeks, months, and years.

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Gold & Silver: From Now On All that Matters Is That You Own Both

Gold & Silver: From Now On All that Matters Is That You Own Both

The entire world-wide banking system is corrupt and run by corrupt people whose only objective is to steal as much of your money as they can. We are of the mind that the western banking Ponzi scheme can go on for longer than most expect. It could take one or even two to three years longer before the fiat system unravels. Things could also go awry in the next several months. Regardless of when, the handwriting is on the wall for those who pay attention.

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The Message Of The Gold Forward And Reverse Repo Rates

The Message Of The Gold Forward And Reverse Repo Rates

For all these ongoing imbalances, gold has remained in that steady upward march. I think in addition to the restart in demand for tail risk, on the other side there has been added an alternate pathway for collateral to flow, thus making the appeal of gold less appetizing at the margins.

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Gold Wars As Relevant As Ever

Gold Wars As Relevant As Ever

“Gold Wars” reveals how the world economy has swayed off the right path, away from a safe and prosperous economic system. Governments launched a vicious and determinant war against gold, which led to a painful 21st century with hyperinflations, economic instability and massive debt. Lips traces these changes in the economy to the departure from the gold standard in favor of creating the fiat system as early as World War I.

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Bitcoin, Gold, and the Quantity of Money

Bitcoin, Gold, and the Quantity of  Money

Only gold serves as the objective measure of value necessary to act as the numeraire. It is no coincidence that the quantity of monetary gold is not fixed, but has elegant mechanisms to expand and contract in response to changing market demand.

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Signs of A Cracking Dollar Hegemony

Signs of A Cracking Dollar Hegemony

The most important evolution in the last months and weeks is the increased effort from China to back away from the dollar. They are doing so in two different ways. First, the yuan is being used as the currency of trade in an increasing number of trading agreements. Second, the tensions between the US and Saudi Arabia are increasing. The latter is important as it is the cornerstone of the petrodollar system.

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The Dollar And Gold In The New Great Monetary Game

The Dollar And Gold In The New Great Monetary Game

It’s fairly obvious that China is moving ahead with its plan to dismantle the dollar’s dominance in world trade and internationalise the Yuan. However, it would hasten this process if the Chinese make good on recent comments from the People Bank Of China.

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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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