Category Archives: Banksters & Economy

The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble

  The “fiscal cliff” is another hoax designed to shift the attention of policymakers, the media, and the attentive public, if any, from huge problems to small ones. The fiscal…

We Are Headed To A Historic Collapse Of The Financial System

  “Nobody who has ever watched the Navy’s Blue Angels acrobatic team perform ever walked away with anything but admiration and amazement.  The performance showcases generations of technology, courage and…

Central Banks Control Financial World

  This just in: CNBC is reporting that central banks are ruling the financial world. In an article published today called “Central Banks: How They Are Ruling the Financial World,”…

HSBC Settlement: The War on Drugs Completely Bogus

  If you’ve ever been arrested on a drug charge, if you’ve ever spent even a day in jail for having a stem of marijuana in your pocket or “drug…

Just coincidence? Queen is trotted through Bank of England’s gold vault

Dear Friend of GATA and Gold: Maybe it’s just a coincidence but maybe instead it’s a propaganda campaign launched by the British government and the Bank of England to assuage…

Fears of soaring living costs grow as Syrian pound plunges

Fears of a new wave of high living costs have been arisen among ordinary Syrians following a remarkable depreciation of the Syrian pound after it maintained at a stable price…

Global Banking Under Siege as Nations Tighten Local Rules

Global banking, a model promoted for more than 30 years by financial conglomerates cobbled together through cross-border mergers, is colliding with the post-crisis reality of stricter national regulation. Daniel K….

Gold: Why central banks aren’t taking their own advice

One of the key lessons we learn from life is to evaluate people by their actions, not their words. When it comes to gold, all governments see it as a…

Iranians (and Americans) Use Bitcoin to Fight Government Control

Thanks to U.S. sanctions, dollars are scarce in Iran. Enter Bitcoin, the handy-dandy stateless peer-to-peer crypto currency! Iranians are using the hard-to-trace digital currency (which can be exchanged for dollars) to buy things…

Goldman Sachs: A Criminal Enterprise

It is now a certainty that Goldman Sachs banker Rajiv Gupta with be the first banker to serve prison time.  Gupta helped the Wall Street behemoth handpick the most toxic US…

Catalonia Secession Is A Rebellion Against The EU

In Catalonia, Spain, secession-minded parties of different political stripes won a majority in regional elections. While those differences make secession unlikely, independence drives in Europe are likely to spread. There’s…

Turkey Leads Central Bank Gold Buying, As China’s Gold Consumption To Double

Central bankers continue to add to their stashes of historical size.  Central banks continue buying gold, as we see, via the World Gold Council that ETFs and India kept Gold demand higher…

The Four Horsemen of Banking

If you want to know where the true power center of the world lies, follow the money – cui bono.  According to Global Finance magazine, as of 2010 the world’s five biggest banks…

BRICS: The World’s New Banker?

The BRICS (Brazil, Russia, India, China and South Africa) bloc has begun planning its own development bank and a new bailout fund which would be created by pooling together an estimated…

India’s Finance Minister Pitching For Consolidation In The Banking Industry

Pitching for consolidation in the banking industry, Finance Minister P Chidambaram today said India would need one or two global-size banks as it marches ahead to become the world’s third…