Banking 3: Fractional Reserve Banking | upstatelist.com
Written by admin on March 11, 2010 – 2:05 pm -In this fiat world money continues to lose value as more and more is created from nothing. This has enabled several entities to buy up foreign assets for basically nothing while the dollar keeps falling. Originally posted here: Banking 3: Fractional Reserve Banking | upstatelist.com Read More →
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Stabroek News - Guyana up slightly in global competitiveness
Written by admin on March 11, 2010 – 3:11 am -Guyana has moved up slightly on the Global Competitive-ness Index (GCI) 2009-2010 list, ranking 104 out of 133 countries in the annual report released by the World Economic Forum. Here is the original post: Stabroek News - Guyana up slightly in global competitiveness Read More →
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Gold and the Paper Bubble :: The Market Oracle :: Financial …
Written by admin on March 11, 2010 – 1:42 am -For make no mistake about it, our paper fiat monetary system is a religion. A false one. The only thing new is the global nature of the current paper church, which ensures that any Gold bubble that develops this time around will make the 1970s Gold bull run look boring. See the rest here: Gold and the Paper Bubble :: The Market Oracle :: Financial … Read More →
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The End of the Golden Era – One Hundred Years until the Default of …
Written by admin on March 10, 2010 – 11:23 pm -With no true gold backing of our currency , and China holding most of the dollar reserves in the world , we are now at hostage by our former enemies. The mechanisms of banking by faith in a world gone crazy with fiat money and people .. View original post here: The End of the Golden Era – One Hundred Years until the Default of … Read More →
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FOFOA: "The Gold Man" (not Goldman) at the BIS
Written by admin on March 10, 2010 – 8:44 pm -This Global Financial Crisis is not so much about the dollar as it is about the dollar system, the $IMFS. The dollar system is a system of selling debt as the wealth reserve. This system went global in July of 1944 at a meeting in … Go here to read the rest: FOFOA: "The Gold Man" (not Goldman) at the BIS Read More →
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PIMCO's El-Erian On The Inability To Grasp The Seismic Changes …
Written by admin on March 10, 2010 – 7:36 pm -by Headbanger on Thu, 03/11/2010 - 06:46 #261570. Good scotch! Don’t laugh, whiskey was once used as a currency in the U.S Excerpt from: PIMCO's El-Erian On The Inability To Grasp The Seismic Changes … Read More →
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Doug Casey: Profit From the Euro-Crash
Written by admin on March 10, 2010 – 7:23 pm -Maybe not even that, but just ledger entries representing pieces of paper . It’s not just the Chinese and Japanese governments that are going to be unhappy Continued here: Doug Casey: Profit From the Euro-Crash Read More →
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Gold: Get Some by Bill Sardi
Written by admin on March 10, 2010 – 7:23 pm -The World Gold Council has published a report entitled “Linking global money supply to gold and to future inflation,” which says for every 1% increase in US money supply there tends to be a 0.9% increase in the price of gold. Continued here: Gold: Get Some by Bill Sardi Read More →
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Keith Johnson Wellington NZ
Written by admin on March 10, 2010 – 3:27 pm -They buy Chinese bonds, and the Chinese in turn use this money to buy Russian, Indian and Brazilian bonds. This has created a second monetary circuit alongside the dollar. This won’t replace the dollar as a global currency in the foreseeable future, .. View original here: Keith Johnson Wellington NZ Read More →
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The 21st Century World: Bernanke's Dilemma: Hyperinflation and the …
Written by admin on March 10, 2010 – 2:23 pm -Where the US dollar is concerned, opinions on hyperinflation range from the view that hyperinflation of the world reserve currency is impossible in principle (because, for example, the values of other currencies are linked to that of the US ….. Read more: The 21st Century World: Bernanke's Dilemma: Hyperinflation and the … Read More →
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