Category Archives: Banksters & Economy

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Greece Agrees to Give Up All of its Gold to Obtain Latest Bailout

The devil is in the details.  In this case, the details require Greece to give up all 111 tonnes of its gold in exchange for the latest bailout.  Which means that…

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World’s First Bitcoin ATM

  Need Bitcoins? This ATM takes dollars and funds your account New Hampshire entrepreneurs have created a dollar-converting anonymous Bitcoin ATM, which they hope to sell to bars, restaurants, and…

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Killing the Dollar: G20 & IMF Push for Global Fed, Global Currency

  While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported story is that the global…

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The Fed is Now the Fifth Largest Country in the World

  With QE 3 and QE 4 firmly in place and the Fed’s balance sheet over $3 trillion, Idecided to go back and count the recap the Fed/Feds’ interventions since…

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India poised to issue bank licences to corporate players

  Indian companies from any business sector will be allowed to seek entry to the country’s the banking industry as the government looks to bring banking services to the large proportion of…

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Editorial: The Silent Economic War on India – Part 1: What is really going on with the Indian economy?

OK, so the oil price is rising steadily, along with the food price, gold price as well as the price all other commodities and still the inflation is at a…

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Wall Street vultures drive up food prices while billions starve

  Goldman Sachs reaps $400M “bountiful harvest” by gambling on America’s food staples While people around the globe struggled to put food on the table in 2012, banking giant Goldman…

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Argentina freezes prices to halt inflation

  Argentina has announced a two-month price freeze on supermarket products in an effort to stop spiraling inflation. The price freeze applies to every product in all of the country’s…

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RMB on way to becoming global reserve currency: IMF official

With China’s economy gaining global strength, the renminbi is set to become a global reserve currency, Zhu Min, deputy managing director of the International Monetary Fund, said Tuesday at an…

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China Just Threatened a Currency War If the Fed Doesn’t Stop Printing

The tension between Central Banks that we noted yesterday continues to worsen. This time it was China and the EU, not just Germany, that fired warning shots at the US…

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Zimbabwe’s bank balance at $217 – minister

  After paying public workers’ salaries last week, the balance in cash-strapped Zimbabwe’s government public account stood at just $217, Finance Minister Tendai Biti said Tuesday. “Last week when we…

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Bitcoin’s surging value could threaten central banks

An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could undermine the role of central banks. The CHART OF THE DAY…

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Mass Exodus From 25 Biggest US Banks Amid Exponential Silver Demand

  US Federal Reserve has reported that a major deposit withdrawal took place last week from the nation’s bank accounts. The financial system has not seen such a fund outflow…

Gold bars, March 31, 2009. Photo by Capital MS&L

Physical Gold is Being Looted All Over the World: 1.5 Tons of Ghana’s Gold Flown Out Without Proper Documentation

Stunning facts are emerging that Ghana may have dished out a 1.5tons of gold worth almost $80 million to the People’s Republic of Iran without proper documentation. On January 19,…

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Now the Swiss want their gold back…all 1040 tons of it!!

  With last week’s announcement by the Bundesbank of the repatriation of 674 tons of German gold from Paris and NY over the next 7 years, we predicted that an avalanche…