Articles related to cashless
 
Mark O'Byrne - gold.ie
Gold Protects As Cashless Society Threatens Vulnerable
– Swedish authorities concerned cashless society is happening ‘too quickly’ and heading into ‘negative spiral’– Only 25% of Swedes paid in cash at least once a week in 2017, 36% never use cash– Cash usage in Sweden falling both as share of GDP and in nominal terms– Sweden may be world’s first economy to introduce a cryptocurrency, the e-krona– Cashless is not a disincentive for illegal drug trade, Guardian finds– Gold in safe jurisdictions will protect against raids on cash and wealth The total
Sunday, March 11, 2018
Egon von Greyerz - Matterhorn AM
CENTRAL BANKERS NEVER GET IT RIGHT
Central bank heads have been at it again last week. And they have clearly all been singing from the same hymn sheet. The messages have been very similar from the bosses of the Fed, ECB and BOJ. The head of the Swedish Riksbank had a different and much more interesting message. More about that later. Why should we ever listen to any of these self-important central bankers. They are consistently inaccurate in their forecasts and policies. Their timing is always wrong as they are always behind the
Friday, March 9, 2018
Alasdair Macleod - Finance and Eco.
A Roman lesson on inflation
“While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover ClevelandThe point President Cleveland made back in the 1880s was that individuals and vested interests had no rights to preferential treatment by a government elected to represent all. For if preference is given, it is always at the expense of others.Those days are long gone, and the last president to take this stance was Calvin Coolidge in the 1920s. He was foll
Friday, February 23, 2018
Rory Hall - The Daily coin
Gold and Silver Remain the Best Store of Wealth
Some of what Petr Dvoryankin says is simply incorrect. I wanted to present, what appears to be, a desperate attempt to lure more people into cryptos. You do what you want with your funds it is no business of mine, but gold, real physical gold, is not an illusion. What actual value does this – 239357u#@$!#@eiodc – hold? Isn’t that what cryptocurrency is – a string of alphanumeric characters held in a so-called wallet on the internet? Now, if you hold any, pick up a piece of gold or silver – of th
Thursday, February 8, 2018
Mark O'Byrne - gold.ie
  ATMs Hit By Malware “Jackpotting” Attacks That Dispense All Cash In Minutes
– ATMs in US hit by “jackpotting” attacks that empty ATMs in minutes – FBI warns of attacks in US after similar crimes in Taiwan, Thailand and Europe– Hackers have stolen c.$1 million from ATMs across the US warns U.S. Secret Service– Target Diebold Nixdorf machines – #1 global ATM provider, 35% of ATMs worldwide– Digital deposits increasingly vulnerable – Time to save in physical gold Editor: Mark O’Byrne Source: TechViral.net $1 million has been stolen from ATMs across the United States by hac
Wednesday, January 31, 2018
Rory Hall - The Daily coin
CryptoRuble Draft Bill in Russian Parliament: Not Decentralized, Not Private, 100 Cashless
As we have been saying the bankers will not allow the absolute source of their power to be taken without a major fight. We have also been screaming the whole “bitcoin” and cryptocurrency scene that has developed over the past year or so was by design and part of a much larger “assimilation program” to get as many eyes as possible on cryptocurrencies as to create a global conversation. Well done!! Worked like a charm. Way back in August 2016 we were one of the first alternative news sources that
Wednesday, January 31, 2018
Mark O'Byrne - gold.ie
Greatest Stock Bubble In History GoldNomics Podcast Transcript
Dave: Welcome to episode two of the Goldnomics podcast where we look at the developments in financial markets through the lens of precious metals. Before we start today, I just want to remind all our listeners to subscribe to the Goldnomics podcast on iTunes YouTube or SoundCloud. And you can also stay up to date with all of the developments in precious metals markets by subscribing for our market updates at www.goldcore.com. And you can find a link in the show notes accompanying this podcast.
Monday, January 29, 2018
Chris Powell - GATA
Ralph Nader: Corporate coercion and the drive to eliminate buying with cash
"Sorry, we’re not taking cash or checks," said the clerk at the Fed Ex counter over a decade ago to an intern. "Only credit cards." Since then the relentless intensification of coercive commercialism has been moving toward a cashless economy, when all consumers are incarcerated within a prison of corporate payment systems from your credit/debit cards to your mobile phone and very soon facial recognition. "Terrific!," say those consumers for whom convenience and velocity of transactions are irres
Thursday, January 18, 2018
Andy Hoffman - Miles Franklin
The Bank Wouldn’t Accept My Cash
Dear Subscribers, I wanted to share a valuable experience with you that occurred to me yesterday at a prominent bank that has ‘America’ in it’s name. I went to make a deposit into a subcontractors account to pay for labor. As I normally do, I went to into the bank to pay him from my debit card via cash advance. I do not have an account with the said bank. I have all of his correspondence and filled out the deposit slip, and was informed that the transaction would not be accepted. The teller info
Friday, January 12, 2018
Mark O'Byrne - gold.ie
New Rules For Cross-Border Cash and Gold Bullion Movements
New EU Rules For Cross-Border Cash, Gold Bullion Movements – War on cash continues and expands to affect non-criminals including gold owners– New definitions of “cash” to be drawn up by EU to include gold and precious metals – Claim cash and gold bullion “often used for criminal activities such as money laundering, or terrorist financing”– Legislation will allow authorities to seize assets from those ‘without a criminal conviction’– New rules usurp those currently in existence since 2005 The ir
Saturday, December 30, 2017
James Howard Kunstler
The Year in Trump 
For your reading pleasure Mondays and Fridays There he is, our president, both immovable object and irresistible force, unsmiling with slitty eyes beneath that car-hood of a hair-doo, lumbering from one presidential prerogative to the next through squalls of opprobrium, perplexing leaders from foreign lands, punking congressmen and senators, inducing swoons of un-safeness among the zhes, theys, and thems on campus, provoking the op-ed bards of The Times to mouth-foaming hysterics, tweeting any
Friday, December 29, 2017
Rory Hall - The Daily coin
Economic Freedom in A World of Digital Currency
Dr. Ron Paul, possibly the only Congressman in modern history to stand up to the Federal Reserve and continually argue for sound money, stated in the 2006 A hundred years ago it was called “dollar diplomacy.” After World War II, and especially after the fall of the Soviet Union in 1989, that policy evolved into “dollar hegemony.” But after all these many years of great success, our dollar dominance is coming to an end. It has been said, rightly, that he who holds the gold makes the rules. In ear
Friday, December 15, 2017
Mac Slavo - ShtfPlan
Warning: ‘They Need The Markets To Implode’ To Usher In Cashless System
Market analyst Lynette Zang predicts in the next market meltdown, “real estate, stocks, and bonds will all crash.” When asked when this will happen, Zang says, “Enjoy your Christmas,” but in 2018, all bets are off. Greg Hunter interviewed Lynette Zang, Chief Market Strategist at ITMtrading.com, and her assessment of the 2018 economy is dire.  Zang predicts, “In 2018, I don’t think they can hold these things together. I think we will see a major market correction in 2018. When that happens, that
Thursday, December 7, 2017
Mark O'Byrne - gold.ie
Low Cost Gold In The Age Of QE, AI, Trump and War
‘Fear and Loathing In the Age of QE … AI’ is a presentation given at Mining Investment London earlier this week. Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries. Key topics in the : – A bullion dealers view on ‘What will drive the markets in 2018?’ – QE, inflation, Fed rates, debt bomb, China, populism,
Thursday, November 30, 2017
James Howard Kunstler
Exit Sign 
Shoeshine boys in airports ‘round the world must be whispering about Bitcoin as the crypto-currency coils upward to tickle the $10,000 line. Ethereum’s roaring up, too, along with most other cryptos, from Byteball Bytes to Tattoocoin (Limited Edition). Whatever else you think about it, this action is sending a message, perhaps several. One would be Get Rich Quick, of course. Eight months ago, you could have copped Bitcoin for a mere $1000, and around Labor Day it touched $5000, which seemed, wel
Tuesday, November 28, 2017
Rory Hall - Sprott Money
China and Russia: Full Steam Ahead Towards a Cashless Society - Rory Hall
We reported back in November 2016 – Cashless World: 1 out of 3 People Never Use Cash – fewer and fewer people understand the importance of using cash to protect themselves from an overarching government warlord. At the time, China’s use of digitized currency was growing at about 40% per annum. This means millions of people each year freely hand over their cash and opt to use their cell phone, online currency transfers or a plastic debit/credit card to make 100% of their purchases. We see t
Wednesday, October 18, 2017
Mark O'Byrne - gold.ie
Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver
– Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver – Most of Puerto Rico remains in the dark and without power three weeks after storm – With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash – Shortages of food, fuel and medicine with infrastructure repairs delayed – Power could be ‘out for months’ as 85% of people remain off the grid – Around 75% of ATMs disconnected – Electronic forms o
Monday, October 16, 2017
Chris Powell - GATA
Is Britain ready to go cashless UK heads toward abolishing physical money
The replacement of the forgery-prone old 1-pound coin, supposed to be fully implemented from tomorrow night, has sparked fresh speculation about how rapidly Britain is heading toward a new epoch in the history of spending -- the outright abolition of all physical cash. A report published this week puts Britain second in Europe and third in the world in its readiness to "go cashless." Only Canada and Sweden are closer than Britain to abandoning notes and coins, the report found. The data was ba
Saturday, October 14, 2017
Jan Skoyles - GoldCore
Safe Haven Silver To Outperform Gold In Q4 And In 2018
– Safe haven silver to outperform gold in Q4 and 2018 – “Expect silver to eventually outperform gold” say Metals Focus – 2017 YTD, silver has underperformed gold, climbing by 5% versus 11% – Silver undervalued versus gold and especially stocks, bonds and many property markets – Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold – Special report on India shows it accounts for just 16% of global silver demand – Silver a “safe haven at times during which
Wednesday, October 4, 2017
Sprott Money
Central Bank “Cryptocurrencies” Just a Different Kind of Funny-Money - Jeff Nielson
It is quite hilarious to watch the posturing of central banks and their media mouthpieces on the subject of cryptocurrencies. A recent Reuters article on the subject provided numerous moments of mirth. The title alone is good for a chuckle. Too Soon to Determine Risks of Central Bank-Issued Cryptocurrencies: BIS It’s always amusing when these shameless con-men (and women) attempt to portray themselves as sober arbiters of risk. Those who understand our monetary system are aware that the fu
Friday, September 22, 2017
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