Articles related to Poland
 
Graham Summer - Gains Pains & Capital
The West Will Become The New ‘Third World’: PricewaterhouseCoopers 
Hold your real assets outside of the banking system in one of many private international facilities  -->    https://www.sprottmoney.com/intlstorage  The West Will Become The New ‘Third World’: PricewaterhouseCoopers Written by Jeff Nielson (CLICK HERE FOR ORIGINAL) First World The term “First World” refers to so called developed, capitalist, industrial countries, roughly, a bloc of countries aligned with the United States after word war II, with more or less common political and economi
Sunday, January 17, 2021
Jesse - Le Cafe Américain
The White Rose, In the Land of the Willfully Blind 
This is one of my favorite leaflets from Die Weiße Rose. I enjoy their observation that "German intellectuals fled to their cellars, there, like plants struggling in the dark, away from light and sun, gradually to choke to death." One cannot blame them in some ways, since from the very beginning the National Socialists were backing their words with violent street thugs in brown shirts. And so many among the very wealthy and the highly trained professional classes threw themselves into the arm
Monday, October 5, 2020
Alan Leishman
  Fiat Money – Eastern Europe 
Most commentators on how Fiat money always reverts to its intrinsic value, (i.e. approaching the value of the paper it is printed on, or near zero), quote the german Papiermark, (observe the pictured 5 trillion bank note in this link) as a classic example of this phenomenon.
Monday, April 20, 2020
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Wednesday, April 15, 2020
Jan Skoyles Real Asset Co - The Real Asset Co
  The full guide to Nazi gold and currency war 
This morning’s papers and news-shows are full of the story that in 1939 the Bank of England facilitated the sale of Nazi looted gold, not just once but at least twice during that year. Both times without approval of the British government, despite an attempt to freeze Czech assets. The story of Nazi gold is both fascinating and tragic. We take a look at ‘the greatest robbery of all time’ and draw parallels with the modern day gold migration. What is Nazi gold? Nazi gold is a phrase that refers t
Tuesday, April 7, 2020
David Zurbuchen
The World's Cumulative Gold and Silver Production 
This is the first installment of a planned 7-part series: Part 1 - The World's Cumulative Silver and Gold Production. Documenting the total amount of silver and gold produced since recorded history. Part 2 - The Silver Deficit. Documenting the silver production/consumption deficit since 1942. Part 3 - The Real Silver Deficit. Answering the questions of "How much silver has been consumed by industry?" and "In what potentially marketable accessible forms does it remain?" Part 4 -
Friday, March 6, 2020
Chris Powell - GATA
Chris Powell at New Orleans conference: Gold market manipulation update, November 2018
Since we met at this conference last year much new evidence of manipulation of the gold market by central banks and their bullion bank agents has been compiled and disclosed by the Gold Anti-Trust Action Committee. For example, a month ago a major bullion bank, the Bank of No
Saturday, November 3, 2018
Mark O'Byrne - gold.ie
Gold Improves Investment, Pension and Central Bank Portfolio’s Risk-Adjusted Returns
 Hungary increases gold reserves 10 fold and central bank Governor sees gold as having “economic and national strategic importance” – Central banks diversifying into gold in order to ensure the national foreign exchange reserves are “safer” and to “reduce risk” – Gold allocation reduces volatility & enhances returns in investment & pension portfolios– As stocks sold off aggressively, gold & Google searches for ‘gold price’ rose significantly
Tuesday, October 30, 2018
Chris Powell - GATA
Hungary's central bank to repatriate its 3 tonnes of gold from London
* * * From Hungary Today, Budapest Tuesday, March 6, 2018 http://hungarytoday.hu/news/hungarian-national-bank-decided-bring-gold-r... The leadership of the Hungarian National Bank has decided to bring back home Hungary's gold reserves. Up to now, 100,000 ounces (3 tonnes) of the precious metal were stored in London, which is in total worth some 33 billion forint ($130 million) at current gold prices. The decision seems to be in line with international trends as storage of gold reserves out of th
Tuesday, March 13, 2018
Egon von Greyerz - Matterhorn AM
OWN GOLD BEFORE PANDORA REOPENS THE BOX
In the old Greek mythology, the opening of Pandora’s box unleashed many evils on the world. Within the next few years, we will see a modern Pandora’s box being opened that will lead to events in the world which will be as devastating as when the ancient box was opened. The very big difference is that this time the consequences will not be part of historical mythology. Instead they will be real and catastrophic for the whole world on a scale never experienced in history. Pandora – the all giving
Friday, February 23, 2018
Perth Mint Blog - Perth Mint Blog.
Limited Emu silver bullion coin set to run hot
Native to Australia, the emu is the second largest living bird on Earth. With tiny wings it’s unable to fly, but with strong, powerful legs it can run with incredible speed. The magnificent bird features prominently in the traditional stories, dance and art of Australian Aborigines, the oldest continuous culture on the planet. Yet it remained unknown to Europeans until the 17th century when explorers would have been amazed when they first encountered this remarkable creature. A national animal
Monday, February 19, 2018
James Howard Kunstler
Yet Another Year of Magical Thinking 
A peculiar feature of the human condition is that a society in distress will call forth intellectual witch-doctors to put on a colorful show that distracts the supposedly thinking class from the insoluble quandaries that portend serious trouble ahead. This feature is on display these days in the person of freelance space pioneer Elon Musk. He intends to establish a human colony on Mars of one million people by 2040. Musk, who is also developer of the Tesla line of electric cars and businesses th
Monday, February 12, 2018
Hugo Salinas Price - Plata.com
  Some Reflexions on History and Economics 
Nicolas Oresme, a Catholic bishop (1320-1382), studied human behavior with regard to money, which in his time consisted of gold and silver coinage; he was perhaps the first to observe that humans attribute varying valuations to the money that comes into their hands. He stated that holders of gold and silver coins prefer to tender their most deteriorated coins in payments, and retain the most bright, shiny and perfect of their coins. Thus, he was the true originator of what has come to be known a
Monday, January 22, 2018
Alasdair Macleod - Finance and Eco.
How quickly will the dollar collapse 
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in 2018 the dollar’s primacy will be challenged by the yuan as the pricing medium for energy and other key industrial commodities. After all, the dollar’s role as the legacy trade medium is no longer appropriate, given that China’s trade is now driving the gl
Thursday, January 4, 2018
James Howard Kunstler
Forecast 2018 — What Could Go Wrong 
Markets If you take your cues from Consensus Trance Central — the cable news networks, The New York Times, WashPost, and HuffPo — Trump is all that ails this foundering empire. Well, Trump and Russia, since the Golden Golem of Greatness is in league with Vladimir Putin to loot the world, or something like that. Since I believe that the financial system is at the heart of today’s meta-question (What Could Go Wrong?), it would be perhaps more to the point to ask: what has held this matrix of racke
Monday, January 1, 2018
Lew Rockwell
The First 30 Years of the Mises Institute, and the Future
This talk was delivered at the 30th Anniversary Supporters Summit of the Ludwig von Mises Institute, Callaway Gardens, Georgia, on October 26, 2012. What a thrill to speak to you on this happy occasion of the Mises Institute's thirtieth anniversary. I am delighted that Ron Paul and Andrew Napolitano have been able to join us for this wonderful celebration, along with our great Mises Institute faculty from universities all over the country, some of our excellent students, and some of the generous
Monday, January 1, 2018
Jesse - Le Cafe Américain
Aktion T4 - War on the Weak, the Elderly, the Disabled, the Others
"Mass propaganda discovered that its audience was ready at all times to believe the worst, no matter how absurd, and did not particularly object to being deceived because it held every statement to be a lie anyhow. The totalitarian mass leaders based their propaganda on the correct psychological assumption that, under such conditions, one could make people believe the most fantastic statements one day, and trust that if the next day they were given irrefutable proof of their falsehood, they wou
Thursday, December 21, 2017
Mish - Global Economic Analysis
  EU Threatens Poland With Article 7, Loss of Voting Rights 
The EU is upset with Poland because it doesn't uphold "European Values". In response, the EU threatens Article 7. Background Article 2 of EU treaty demands countries in the EU Promote and Safeguard European Values Article 7 is a sanctions procedure that the EU can impose on countries the EU deems to have violated Article 2. Article 7 has never been used. Sanctions include removal of voting rights. Poland has irked the EU because of judicial reforms the EU does not agree with, and also becau
Monday, December 18, 2017
Mish - Global Economic Analysis
Polexit Threat: EU Increasingly Upset About Poland Ignoring Rules
The Polish government increasingly defies EU rules. Since Poland is the largest aid recipient, the EU is hopping mad.Poland, Hungary, and the Czech Republic are all in open defiance of EU migration rules. In addition, Poland's Law & Justice party move to take control of the courts was condemned by the European Parliament and European Commission. The situation is now to the point where various countries want to shut off aid to Poland, but given the EU treaty makes penalizing countries extremely d
Tuesday, December 12, 2017
Alasdair Macleod - Finance and Eco.
Inflation v Deflation – State Finances
There is a general belief, and that is all it is, that state finances fare better in an inflationary environment than a deflationary one. This perception arises from the transfer of wealth from lenders to the state through a devaluation of the currency, which occurs with monetary inflation, compared with the transfer of wealth from the state to its creditors through deflation. The effect is undoubtedly true, even though it is played down by governments, but it ignores what happens to continuing
Friday, December 8, 2017
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