I point out that the international monetary system has already collapsed three times within the last 100 years—1914, 1939, and 1971—and that another collapse would not be at all unusual. But it’s not the end of the world. It’s just that the major powers sit down and reform the system. I talk about what that reformation will look like. LINK...
Showing posts with label Currency Wars. Show all posts
Showing posts with label Currency Wars. Show all posts
Sunday, February 9, 2014
Monday, December 30, 2013
Gold and Silver Financial Review 12/30 by Gold Radio Cafe | Finance Podcasts
Is "Taper" a set-up for "Bail-In?"
The circus of words continues... Seems like there is no end to HOT words they can come up with to confuse people about the economy. The fact is the system is broken and the USA is still the largest debtor nation in the history of the world. So if they stop the QE and start to Taper, where is the grease for the wheels of the economy going to come from??? YOUR savings, via Bail-In!
NO one else sees this folks and remember you heard it first on Gold Radio Cafe. BK
The circus of words continues... Seems like there is no end to HOT words they can come up with to confuse people about the economy. The fact is the system is broken and the USA is still the largest debtor nation in the history of the world. So if they stop the QE and start to Taper, where is the grease for the wheels of the economy going to come from??? YOUR savings, via Bail-In!
NO one else sees this folks and remember you heard it first on Gold Radio Cafe. BK
Find Additional Finance Podcasts with Gold Radio Cafe on BlogTalkRadio
Wednesday, October 16, 2013
Tuesday, March 12, 2013
Bank of Japan to Expand Monetary Stimulus
Bloomberg: Bank of Japan (8301) governor nominee Haruhiko Kuroda said that the central bank will consider buying derivatives if he’s confirmed as governor and signaled a readiness for a quick expansion in monetary stimulus. LINK...
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Yet another Central Bank to join the global trend of expanding money and credit in the hopes of stimulating the economy. This time it's not a small player, Japan is the fourth largest economy in the world and a major trading partner with the USA. The true value of paper currency's is under attack and the race to the bottom is underway. Gold and Silver are your only means of safety. BK
Kyle Bass Explains Japan's Problems
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Yet another Central Bank to join the global trend of expanding money and credit in the hopes of stimulating the economy. This time it's not a small player, Japan is the fourth largest economy in the world and a major trading partner with the USA. The true value of paper currency's is under attack and the race to the bottom is underway. Gold and Silver are your only means of safety. BK
Kyle Bass Explains Japan's Problems
Wednesday, February 20, 2013
Minting Coins Cost U.S. Taxpayers $436 Million
Bloomberg: By Max Raskin & Ilan Kolet - Feb 20, 2013 6:00 AM ET
Pennies and nickels have cost more than their face value to mint since 2006, resulting in a loss of at least $436 million to U.S. taxpayers. LINK...
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The "Spin Doctors" are working over-time. This loss is the result of government spending and expansion of money and credit by the FED. Devaluing the currency to buy commodities. Think about it, if you saved your "copper" pennies and "nickel" nickels, they are worth much more now (www.coinflation.com). The taxpayers are losing but they are NOT to blame. Following the Canadian example means "rounding-up" prices to the nearest nickel. In other words INFLATION! BK
Pennies and nickels have cost more than their face value to mint since 2006, resulting in a loss of at least $436 million to U.S. taxpayers. LINK...
***************************************
The "Spin Doctors" are working over-time. This loss is the result of government spending and expansion of money and credit by the FED. Devaluing the currency to buy commodities. Think about it, if you saved your "copper" pennies and "nickel" nickels, they are worth much more now (www.coinflation.com). The taxpayers are losing but they are NOT to blame. Following the Canadian example means "rounding-up" prices to the nearest nickel. In other words INFLATION! BK
Tuesday, January 15, 2013
Wednesday, January 2, 2013
Monday, December 31, 2012
Gold Extends Longest Streak Since 1920
Bloomberg News
http://www.bloomberg.com/news/2012-12-31/gold-poised-for-12th-annual-climb-as-u-s-budget-deadline-nears.html
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You could even say that currencies around the world are losing value versus gold. BK
http://www.bloomberg.com/news/2012-12-31/gold-poised-for-12th-annual-climb-as-u-s-budget-deadline-nears.html
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You could even say that currencies around the world are losing value versus gold. BK
Friday, September 21, 2012
Gold Radio Cafe
The Gold and Silver Financial Review
With economist Jeff Dunphy: viatao@gmail.com
Today at 12:00pm EDT
Listen on Blogtalk: HERE
MP3 link: http://blogtalk.vo.llnwd.net/o23/show/3/660/show_3660911.mp3
With economist Jeff Dunphy: viatao@gmail.com
Today at 12:00pm EDT
Listen on Blogtalk: HERE
MP3 link: http://blogtalk.vo.llnwd.net/o23/show/3/660/show_3660911.mp3
Tuesday, September 18, 2012
USD Headed For Rapid Collapse
By: Daryl GuppyCNBC Contributor
The lower the U.S. dollar the greater the intensity of currency wars. The break below the key uptrend line on the Dollar Index chart was an early warning of the third round of quantitative easing (QE3). The most important question now is to use the chart to examine the potential downside limits of a QE3 weakened U.S. dollar. LINK...
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Remember, it's not about GOLD, it's about the USD losing confidence as the world's reserve currency. Who would have confidence in a currency that is being created to bail out failed institutions, buy mortgages and support a ghost of a manufacturing sector? The FED is working against you to take away your standard of living and dignity in retirement. Become your own Central Bank with our U-Vault Account and protect the value of your savings from a system that has gone haywire. BK
The lower the U.S. dollar the greater the intensity of currency wars. The break below the key uptrend line on the Dollar Index chart was an early warning of the third round of quantitative easing (QE3). The most important question now is to use the chart to examine the potential downside limits of a QE3 weakened U.S. dollar. LINK...
******************************
Remember, it's not about GOLD, it's about the USD losing confidence as the world's reserve currency. Who would have confidence in a currency that is being created to bail out failed institutions, buy mortgages and support a ghost of a manufacturing sector? The FED is working against you to take away your standard of living and dignity in retirement. Become your own Central Bank with our U-Vault Account and protect the value of your savings from a system that has gone haywire. BK
Monday, September 19, 2011
Wednesday, September 7, 2011
More Beijing Embassy Cables Show China Sees Gold as Central in Currency War
From GATA's website http://www.gata.org/
Submitted by cpowell on Tue, 2011-09-06 00:58. Section: Daily Dispatches
9:17p ET Monday, September 5, 2011
Dear Friend of GATA and Gold:
More news media-monitoring cables from the U.S. Embassy in Beijing to the State Department in Washington show that both China's government and the nation's financial press, tightly controlled by the government, consider gold to be the main weapon in a world currency war that is under way.
The additional cables, published a few days ago by Wikileaks and located by GATA's Irish friend R.M., disclose that China thinks that the United States is trying to prevent China's foreign exchange surplus from being converted into gold because the U.S. and its European allies plan a return to a gold standard that will favor them because they hold most of the world's gold reserves. LINK...
Submitted by cpowell on Tue, 2011-09-06 00:58. Section: Daily Dispatches
9:17p ET Monday, September 5, 2011
Dear Friend of GATA and Gold:
More news media-monitoring cables from the U.S. Embassy in Beijing to the State Department in Washington show that both China's government and the nation's financial press, tightly controlled by the government, consider gold to be the main weapon in a world currency war that is under way.
The additional cables, published a few days ago by Wikileaks and located by GATA's Irish friend R.M., disclose that China thinks that the United States is trying to prevent China's foreign exchange surplus from being converted into gold because the U.S. and its European allies plan a return to a gold standard that will favor them because they hold most of the world's gold reserves. LINK...
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