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 | Hugo Salinas Price - Plata.com.mx |
 On the use of gold coins as money  |
| Why don’t humans use gold coins as Money ? The answer is quite simple : because they don’t want to, under present circumstances.
The attachment of humans to gold is remarkable; I suspect there is something metaphysical about gold that attracts human beings. Perhaps gold is part of the natural order of things, part of the Rerum Natura, and the relationship of humans to gold is “built-in”into human nature, like sexual attraction.Friday, November 6, 2020 |
|
 | Mac Slavo - ShtfPlan |
| Bitcoin Surges Past $7000 Extending Its Record Rally This Year |
| Cryptocurrencies are up 640% this year. And for the first time, in a record-breaking rally, Bitcoin has blown past $7000 and it isn’t showing signs of slowing down just yet.
Bitcoin climbed past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark. As per CoinMarketCap, bitcoin is up over 20.56 percent for the last 7 days, and its market capitalization has now peaked at over $116 billion.
The digital currency got new impetus this weekFriday, November 3, 2017 |
|
 | Jason Hamlin - Gold Stock Bull |
| What You Know for Sure that Just Ain’t So! |
| It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.
-Mark Twain
We know many things for sure. Examples are:
In 1913 we knew that a European war was unlikely because European countries would not engage in pointless and mutually destructive actions. Later we knew it as “the war to end all wars.”
In 1915 we knew that the war would be over in a matter of weeks.
In 1929 we knew that the stock market had reached a permanently high price plateau.
InThursday, October 19, 2017 |
|
 | James Howard Kunstler |
 Fall of the Great Pumpkin  |
| Welcome to the witching month when America’s entropy-fueled death-wish expresses itself with as much Halloween jollity and merriment as the old Christmas spirit of yore. The outdoor displays alone take on a Babylonian scale, thanks to the plastic factories of China. I saw a half-life-size T-Rex skeleton for sale at a garden shop last week surrounded by an entire crew of moldering corpse Pirates of the Caribbean in full costume ho-ho-ho-ing among the jack-o-lanterns. What homeowner in this sore-bMonday, October 2, 2017 |
|
 | John Butler - Goldmoney |
| The Golden Revolution, Revisited: Chapter 9 |
| This Insight continues the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 2012). (The first instalment can be found here.) The book is being published by Goldmoney and will also appear as a special series of Goldmoney Insights over the coming months. This instalment comprises the fourth chapter of Section II.View the Entire Research Piece as a PDF here.Why Financial Genius Fails, or, a Forensic Study of the 2008-09 Global Financial CrisisWednesday, September 6, 2017 |
|
 | Mark O'Byrne - gold.ie |
| Deutsche Bank “Is Probably Insolvent” |
| by Tim PriceThis is getting to be a habit. Previous late summer holidays by this correspondent coincided with the run on Northern Rock, and subsequently with the failure of Lehman Brothers. So the final crawl towards the probable nationalisation of Deutsche Bank came as no particular surprise this year, but it is tiresome to relate nevertheless.The 2015 annual report for Deutsche Bank runs to some 448 pages, so one rather doubts if even its CEO, John Cryan, has read it all, or has a complete graTuesday, October 4, 2016 |
|
 | Egon von Greyerz - Matterhorn AM |
| Dr. Enzio von Pfeil – Old Boy Scouts Are Always Prepared |
|
Being an old Boy Scout I say “To be prepared is always a useful thing”
On behalf of Matterhorn Asset Management and pre-Brexit, Lars Schall spoke with asset manager and global economist Dr Enzio von Pfeil who is based in Hong Kong. They talk about the Far East Market, why the Renminbi is unlikely to become a reserve currency for at least a number of decades, gold of course, amongst several other current topics.
[Video/Podcast] 28 minsMonday, June 27, 2016 |
|
 | Jim Willie CB - Hat Trick Letter |
| Money Velocity Proves Q.E. Failure |
| The current monetary policy is stuck in place. It is highly destructive to banking systems, working capital, and financial markets. Yet it continues ad infinitum, actually until the great collapse. A systemic Lehman event is in progress, as the global financial structure is collapsing. The only remedy is the Gold Standard installation, which is happening, but its architects are from the East. They are labeled as enemies, when the root problem is in the Western banking hive.The quickening has begMonday, March 14, 2016 |
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| Graham Summer - Gains Pains & Capital |
| A Cash Ban Has Already Begun... |
| The Central Banks hate physical cash. So much so they there will likely try to ban it in the near future.
You see, almost all of the “wealth” in the financial system is digital in nature.
1) The total currency (actual cash in the form of bills and coins) in the US financial system is a little over $1.36 trillion.
2) When you include digital money sitting in short-term accounts and long-term accounts then you’re talking about roughly $10 trillion in “money” in the financial system.
3) InThursday, February 18, 2016 |
|
| Graham Summer - Gains Pains & Capital |
| The War on Cash is About to Go into Hyperdrive |
| The global Central Banks have declared War on Cash.
Historically, one of the safest things to do when the markets begin to collapse is to move a significant portion of your holdings to cash. As the old adage says, during times of deflation, “cash is king.”
The notion here is that cash is a safe haven. And while earning 1-2% in interest doesn’t do much in terms of growing your wealth, it sure beats losing 20%+ by holding on to stocks or bonds during their respective bear markets
However, in toThursday, February 11, 2016 |
|
 | James West - Midas Letter |
| Global Panic as SP TSX Composite (OSPTX), SP 500 (INX), Dow Jones Industrial Average (DJI) Dive |
| The S&P/TSX Composite index (INDEXTSI:OSPTX), the S&P 500 (INDEXSP:.INX) and the Dow Jones Industrial Average (INDEXDJX:.DJI) are all under siege this hour as another China-led stock market dive spreads to markets in every corner of the globe.
The causes are multiple and culprits well known. Increasingly, we become aware that China’s apparent economic boom time was as much a product of fraudulent monetary creation as it was massive export growth. Now faced with a deflationary panic across all eThursday, January 7, 2016 |
|
| 24hGold - Yahoo |
| 4 Global Banks Sued by Commerzbank for Mortgage Losses |
| Legal headwinds pertaining to business malpractices before the 2008 financial crisis continue unabated for banks. As reported by Reuters, the Germany-based lender Commerzbank AG has sued 4 major banks over mortgage losses.The cases, filed in the U.S. District Court, Southern District of New York, named The Bank of New York Mellon Corporation BK, along with units of Wells Fargo & Company WFC, HSBC Holdings plc HSBC and Deutsche Bank AG DB, as plaintiffs.The lawsuits alleged that these banks faileMonday, December 28, 2015 |
|
| Graham Summer - Gains Pains & Capital |
| The War on Cash is Real |
| Stocks have rallied over the last 10 days in part by ECB President Mario Draghi’s statement that if push comes to shove, the ECB will push interest rates even further into negative territory (NIRP).
This represents just another round in the War on Cash, first implemented by the Central Banks in 2008.
It’s a little known fact that the cause for the gut-wrenching collapsing in late September-October 2008 was due to a significant portion of investors trying to move their money out of money marketWednesday, November 4, 2015 |
|
| Graham Summer - Gains Pains & Capital |
| Why the Fed HATES Physical Cash and Could Move to Tax It |
| The big banks want to do away with physical cash.
Why?
Because it represents a means of getting your money out of the system.
In its efforts to prop up the Too Big To Fail banks, the Fed has made keeping your money in a bank a low value proposition.
To whit, for decades individuals kept their money in bank savings accounts for two reasons:
1) Safety.
2) Returns.
By not implementing any real reforms to the banking industry, nor jailing anyone who committed the fraud that caused the 2008 CrMonday, October 26, 2015 |
|
| James Howard Kunstler |
| Something Happened |
| B en Bernanke’s memoir is out and the chatter about it inevitably turns to the sickening moments in September 2008 when “the world economy came very close to collapse.” Easy to say, but how many people know what that means? It’s every bit as opaque as the operations of the Federal Reserve itself.
There were many ugly facets to the problem but they all boiled down to global insolvency — too many promises to pay that could not be met. The promises, of course, were quite hollow. They accumulated ovMonday, October 26, 2015 |
|
| Graham Summer - Gains Pains & Capital |
| Banks Are Now Rejecting Deposits... Is a Cash Ban Next |
| The Central Banks hate physical cash. So much so they there will likely try to ban it in the near future.
You see, almost all of the “wealth” in the financial system is digital in nature.
1) The total currency (actual cash in the form of bills and coins) in the US financial system is a little over $1.36 trillion.
2) When you include digital money sitting in short-term accounts and long-term accounts then you’re talking about roughly $10 trillion in “money” in the financial system.
3) InThursday, October 22, 2015 |
|
| Graham Summer - Gains Pains & Capital |
| Is a Ban on Physical Cash Coming Soon |
| The Central Banks hate physical cash. So much so they there will likely try to ban it in the near future.
You see, almost all of the “wealth” in the financial system is digital in nature.
1) The total currency (actual cash in the form of bills and coins) in the US financial system is a little over $1.36 trillion.
2) When you include digital money sitting in short-term accounts and long-term accounts then you’re talking about roughly $10 trillion in “money” in the financial system.
3) InThursday, October 8, 2015 |
|
| Graham Summer - Gains Pains & Capital |
| When the Next Crisis Hits, the Monetary Gates Will Close on Accounts |
| Going forward it will be more and more difficult to get your money out of the financial system.
The reason for this concerns the actual structure of the financial system. As we've outlined previously, that structure is as follows:
1) The total currency (actual cash in the form of bills and coins) in the US financial system is a little over $1.36 trillion.
2) When you include digital money sitting in short-term accounts and long-term accounts then you’re talking about roughly $10 trillionThursday, August 6, 2015 |
|
 | Jesse - Le Cafe Américain |
| The Gross Mispricing in the Gold Market Risks the Global Financial System - A Fraud Too Far |
| With a physical commodity like gold, as several others have pointed out, 'supply' is not how much there may be, since most of the gold that has ever mined is closely held in treasuries and private vaults, and is not on offer, available for purchase.
That amount would also likely fit in a modern four bedroom house. In other words, there is not a lot of it, and the supply is increasing at a fairly slow rate over time.
Physical Supply On Offer
So 'physical supply' iFriday, July 31, 2015 |
|
 | Chris Vermeulen - GoldandOilGuy |
| If You Have Money in a US Bank Account Be Aware! |
| The Wall Street Reform and Consumer Protection Act of 2010 is better known
as "The Dodd-Frank Act" to the American public. What the American public does
not know about, is that it codifies a "bail-in" provision that ensures that
the United States can conduct the type of bail-in that we saw in Cyprus.
The bank bailouts of 2008 and 2009 will now be history as Dodd-Frank authorizes
the Federal Deposit Insurance Corp. to recapitalize failed financial institutions
by confiscating customers'Monday, June 22, 2015 |
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