There has never been a case of gold-denominated hyperinflation in history, yet there have been plenty of cases of fiat-denominated hyperinflation. This suggests that hyperinflation is a function of governments running the printing presses. Of course, no government intentionally destroys its own credibility. So why would a government end up printing to oblivion? Continue reading
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GoldSilverWorlds discusses some important topics related to precious metals with Nick Barisheff, CEO of Bullion Management Group Inc. and author of the book “$10,000 Gold: Why Gold’s Inevitable Rise is the Investor’s Safe Haven” which will be released later this year and is available now for pre-order on Amazon.com. Continue reading
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The Fed’s most recent announcement concerning QE3 was a laundry list that really meant, ‘we will do whatever it takes.’ Will it work? That depends on how you define ‘work.’ Continue reading
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With all of this money sloshing around the financial system one would think it would actually do some good and help the economy grow again. Continue reading
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It is important to note that in 1980 the total MZM money supply was under $1 trillion, today the annual increases are over a trillion. It is no wonder that real inflation, as calculated by John Williams of Shadowstats, is in excess of 9%. Continue reading
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Today, the power of the state has corrupted society absolutely, and not just at the upper echelons. It’s everywhere. Not only that, but most people today don’t even realize that almost everything has been stolen from underneath them and they are left holding worthless items instead. Continue reading
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A new, 55 minute documentary film, that chronicles the global financial collapse. Told in an entertaining and easy to follow style, the film tells the story of how the world came to be in such… Continue reading
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The paper dollar is now the single most important source of systemic risk to the financial system, the world economy and the security of the American people. Continue reading
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Brazil, Russia, India, China and South Africa, collectively known as the BRICS nations, are moving forward with their plan to unseat the US dollar from its throne as the global trade currency and to replace it with a Chinese denominated “super-sovereign” international currency. Continue reading
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Ron Paul’s congressional committee will hold a hearing to examine how the Federal Reserve bails out European banks. In his opinion, the bailout will come at the expense of American citizens, in the… Continue reading
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Courtesy of Julian Phillips
The use of the SWIFT system to rein in Iran, may be a mistake by the U.S. China will react, I feel.
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Detlev Schlichter addresses the Adam Smith Institute Tuesday 22nd November, 2011. He argues that the present financial crisis is far from over; generally misunderstood and misrepresented, it is far from being a ‘crisis of capitalism’. Continue reading
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by Eric Townsend
Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe. The US is not experiencing inflation yet, because of… Continue reading
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