INVENTION OF PAPER MONEY- FRENCH EXPERIENCE - JOHN LAW ENGLISH EXPERIMENTS –
COLONIAL -RUSSIAN - CONFEDERATE STATES-OUR NATIONAL CURRENCY.
THIS article, which has been for sometime upon our table, has been amended in a few particulars by the author, and slightly enlarged. It is an interesting discussion of t... read more
This is not going to end in a happy Goldilocks scenario, I can promise you that. This is going to end in some sort of hideous depression, and who knows what it’s going to do to our society and our civilization.
A depression is a very tough thing to survive. Or it’s going to end, and believe me I hate inflation, but that is the lesser of two evils, that’s what we are heade... read more
Slug US coins in usage since 1965, making official coins mere plated tokens: The action has revealed the shell game deployed by government officials in their management of money. In ancient times, money was metal held in hand. The sophisticated criminal bankers have been unable to conceal the duplicity in money beyond coins as bonded securities became the standard. In past Roman times,... read more
Submitted by Mark J. Grant, author of Out of the Box,
I think we are progressing into the next economic cycle.
“In my youth, I, too, entertained some illusions; but I soon recovered from them. The great orators who rule the assemblies by the brilliancy of their eloquence are in general men of the most mediocre political talents: they should not be opposed... read more
The Federal Reserve held fast to its ultra-accommodative monetary policy Wednesday, solidified by what board members described as an economy weakened by fiscal policy.
Interest rates will remain at historically low levels while the U.S. central bank will not alter its $85 billion a month asset purchasing program, the Fed's Open Markets Committee decided at this week's meeting.
While recen... read more
What I am focused on right now is this whole paper gold market and the fact that the gold in the banking system has been hypothecated and rehypothecated so many times that nobody knows who owns what.
We’re seeing more and more evidence that the market is getting tighter and tighter, and I believe there will be a run on physical gold because of this. When these various people an... read more
As widely reported in the media, the gold price plummeted during April, sparked by fears of an early exit or the tapering of the Fed’s quantitative easing program and then multiplied many-fold by the herd instinct, as speculative holders saw a price crash in the making and all rushed for the exit.
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With the equity market dropping rather notedly into the release of the FOMC decision, chatter was that the 'early release' button had been hit, but...
- *FED SAYS LABOR MARKET HAS SHOWN SOME IMPROVEMENT
- *FED SEES `DOWNSIDE RISKS' TO ECONOMIC OUTLOOK
- *FED SAYS IT'S `PREPARED TO INCREASE OR REDUCE' PURCHASES ... read more
Dr. Long Xinming (4M),- The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.
The German government then asked to visit the FED vaults to inventory... read more
