Articles related to SWIFT
 
Mac Slavo - ShtfPlan
2019: The Beginning Of The End (Free Premium Report)
 Now that it’s 2019, we’re going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone. For those unfamiliar with our work, it’s based on the idea that humanity is hurtling towards a disaster of our own making. Several powerful and unsustainable trends
Monday, January 14, 2019
John Paul Koning - Bullion Star
Europe's SWIFT problem
SWIFT headquarters in Belgium (source) German foreign minister Heiko Maas recently penned an article in which he said that "it’s essential that we strengthen European autonomy by establishing payment channels that are independent of the US, creating a European Monetary Fund and building up an independent Swift system." So what exactly is Maas's quibble with SWIFT, the Society for Worldwide Interbank Financial Telecommunication? SWIFT is a proprietary messaging system that banks can use commun
Thursday, August 23, 2018
Bron Suchecki - Goldchat
Once in Golconda
Once in Golconda: A True Drama of Wall Street 1920-1938 John Brooks Allworth Press, 1969 p150: "Its [Wall Street] fixed star-money-had left its regular place in the heavens and begun to wander and dance and lurch. For generations the dollar had been held firmly fixed by a force that was accepted in banking circles as being equivalent to a natural law of astronomy, the gold standard-specifically, by the Treasury's pledge to redeem dollars with gold in any quantity for all comers at $20.67 per fi
Saturday, March 17, 2018
Michael Ballanger
Stock Market Volatility Attributed to 'Shenanigans'
Back in January, I discussed the likelihood that global equity markets were approaching simultaneous tipping points beyond which legions upon legions of GenX-ers and Millennials would be thrown to the wolves by failing to recognize the financial mania engulfing them. I alluded to it being "Time for the Beast to Exhale," and within a few days, my volatility trade (UVXY) exploded to the upside as the "beast," better known as the global stock market ascent, finally exhaled and fell 3,300 Dow Jones
Friday, February 23, 2018
Jason Hamlin - Gold Stock Bull
5 Forces That Will Drive Gold Higher In 2018
Gold prices are rising. They bottomed in December 2015 at $1,046, a year later in December 2016 at $1,124, and again in December 2017 at $1,241. The bull market in gold has shown renewed life, as the bull market in stocks is displaying weakness, old age, and terminal blow-off behavior. 1 – DOLLAR DEVALUATION: Potentially the most important force pushing gold prices higher is the inevitable devaluation of the dollar. Commercial and central banks create debt by “printing” dollars from “thin air” a
Friday, February 2, 2018
Jesse - Le Cafe Américain
Administration Disavows Any Plans For National Cellular Infrastructure Amid Blowback From Industry and FCC
I had a strong doubt that such a vision of a public information infrastructure would be legitimate. It is being dismissed by White House officials as an 'outdated' proposal from the National Security Council (NSC) that drew a swift negative reaction from the telecoms industry and FCC Chairman Ajit Pai. How can we expect such a visionary project from a government that places something so basic to the public good as net neutrality in the waste bin? There will likely be a proposal for a natio
Wednesday, January 31, 2018
Jim Willie CB - Hat Trick Letter
Silver as a Strategic Metal and Why Prices Will Soar 
The arguments in favor of silver as an investment asset are growing rapidly. In the opinion of the Jackass, silver is the most under-valued hard asset in existence, with the highest potential for price appreciation on the globe. To begin with, central banks own no silver, but do own huge tracts of gold. Industry has huge demand for silver, but a trifling amount for gold demand. The investment demand is another key factor in favor of silver, but also for gold. Ever since the tech telecom bust in
Sunday, January 21, 2018
Chris Martenson
The Value Of Bitcoin
So... in the past week, I’ve been asked for advice on Bitcoin by my brother-in-law, my local realtor, and close friends from as far away as Texas. None of them cared to learn what it actually is. Or how it works. They just wanted to understand why suddenly so many folks they know are trying to buy Bitcoin hand over fist. And, of course, should they buy in now, too? If you (or people you care about) have similar questions, this report is for you. A Brave New World Remember the scene from the movi
Saturday, January 6, 2018
Hugo Salinas Price - Plata.com
Wild Speculation in Bitcoin
The invention of the “Bitcoin” has captured the imagination of the world. This has happened because the world today enjoys a system of instantaneous world-wide communication, accessible to almost anyone. Never before has there been a financial speculation of this magnitude, because never before has the world has such a wide and instantaneous access to information. There are several factors which assist in the acceptance of “Bitcoin” and which are hardly noticed. 1. Its name, “Bitcon” elegantl
Sunday, December 24, 2017
Adam Hamilton - Zealllc
Gold Stocks Coiled Spring 2
The gold miners’ stocks largely ground sideways in 2017, lagging gold’s solid rally.  Being trapped in this vexing consolidation has decimated sentiment, leaving a bearish wasteland bereft of hope.  But contrary to perceptions, this deeply-out-of-favor sector is actually a coiled spring today.  Gold stocks are ready to surge dramatically higher as psychology inevitably shifts, pointing to much higher prices coming in 2018. The main appeal of gold-mining stocks
Friday, December 22, 2017
Mish - Global Economic Analysis
Bitcoin Stable: CBOE Website Crashes
Nobody was quite sure what would happen when the futures markets opened on Sunday night. We now know.This evening, CBOE futures launched. These Tweets describes the result. The Wall Street Journal reports Bitcoin Futures Begin Trading With a Bang, CBOE Website Stalls. The first bitcoin futures started trading Sunday, sparking a swift run-up in the price of the digital currency as the exchange provider’s website experienced outages from heavy traffic. Trading of the hotly anticipated U.S. bitcoi
Monday, December 11, 2017
Alasdair Macleod - Finance and Eco.
Cryptos may destabilise fiat 
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact that beyond a few European countries and North America, gold is firmly money in the minds of ordinary people. I wrote an article on this subject, explaining why cryptocurrencies are not a new form of money, here.Anyone reading this article may wish to read my original a
Friday, November 10, 2017
Sprott Money
Catalan Slaps the Government of Spain Across the Face, Officially Declares Independence - Nathan McDonald
UPDATE:That's how fast news on this situation is moving: as I just finished putting "digital ink" to "digital paper", the separatist region of Catalan has declared independence in the face of all the push back they are receiving from Spain. In the face of the veiled threats and potential violence, they have voted to embark down their own path. Following a vote by the Catalan parliament, speaker Carme Forcadell has the following to say; “We constitute the Catalan Republic as an independent and
Friday, October 27, 2017
Bullion Vault
Gold Prices +9 in 2018 Says GFMS as ECB's QE 'Taper' Dents Euro
GOLD PRICES fell against a rising US Dollar on Thursday but erased this week's earlier 0.7% loss versus the Euro currency as the European Central Bank unveiled a smaller than expected "taper" of its quantitative easing program. Vowing to keep its zero and negative interest-rate policy unchanged "for an extended period [and] well past the horizon" of QE asset purchases, the ECB said it will halve the monthly volume of bond buying to €30 billion f
Thursday, October 26, 2017
Adrian Ash - Bullion Vault
Diversification Adds Nothing
The dumbest investing idea you'll read before the next stockmarket crash... SO LAST WEEK's LBMA conference in Barcelona coincided not only with the city's split over independence for Catalonia, writes Adrian Ash at BullionVault. It also saw the 30th anniversary of the 1987 stock market crash, the sharpest ever plunge in major world equities. 
Wednesday, October 25, 2017
Chris Powell - GATA
Leonid Bershidsky: Authoritarian cryptocurrencies are coming
With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralize money so attractive to highly centralized, authoritarian regimes? Last weekend Argumenti i Fakti, a pro-government newspaper, quoted Russian Communication Minister Nikolai Nikiforov as saying President Vladimir Putin had ordered the swift launching of a "crypto-ruble." According to the report, Nikiforov said the currency would use "Russi
Wednesday, October 18, 2017
Jan Nieuwenhuijs - Bullion Star
  The Gold-Backed-Oil-Yuan Futures Contract Myth
On September 1, 2017, the Nikkei Asian Review published an article titled, “China sees new world order with oil benchmark backed by gold”, written by Damon Evans. Just below the headline in the introduction it states, “China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in what analysts say could be a game-changer for the industry”. Not long after the Nikkei piece was released ‘the story’ was widely copied in sensational analyses throughout t
Monday, October 16, 2017
Alasdair Macleod - Finance and Eco.
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal to
Sunday, October 15, 2017
Andy Hoffman - Miles Franklin
Print till it Dies
The US Dollar has had a wonderful run in its life time. Not too many fiat currencies have had the ability to sustain its usage for as long as this mighty experiment has and all who have reported on this instrument of trade are pretty much pointing to the same outcome that it can’t last much longer. Today, the US Dollar trade sits at 93.55 down 8.6 points in the early morning on this Columbus Day. Not too long ago the dollar broke thru a multiyear downside target of 91.88 which originally happene
Wednesday, October 11, 2017
Jan Skoyles - GoldCore
Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold
– Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft – Equifax hacking and security breach exposes half of the U.S. population – Some 143 million people vulnerable to identity theft – Deloitte hack compromised sensitive emails and client data – JP Morgan hacked and New York Fed hacked and robbed – International hacking group steals $300 million – Global digital banking  and financial system not secure Editor Mark O’Byrne Imagine there was a chemical disaster at a fact
Thursday, October 5, 2017
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