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Banking 3: Fractional Reserve Banking | upstatelist.com

admin — Thu, 11 Mar 2010 20:05:54 +0000

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.

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Banking 3: Fractional Reserve Banking | upstatelist.com

Stabroek News - Guyana up slightly in global competitiveness

admin — Thu, 11 Mar 2010 09:11:51 +0000

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.

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Stabroek News - Guyana up slightly in global competitiveness

Gold and the Paper Bubble :: The Market Oracle :: Financial …

admin — Thu, 11 Mar 2010 07:42:54 +0000

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.

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Gold and the Paper Bubble :: The Market Oracle :: Financial …

The End of the Golden Era – One Hundred Years until the Default of …

admin — Thu, 11 Mar 2010 05:23:35 +0000

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 ..

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The End of the Golden Era – One Hundred Years until the Default of …

FOFOA: "The Gold Man" (not Goldman) at the BIS

admin — Thu, 11 Mar 2010 02:44:00 +0000

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 …

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FOFOA: "The Gold Man" (not Goldman) at the BIS

PIMCO's El-Erian On The Inability To Grasp The Seismic Changes …

admin — Thu, 11 Mar 2010 01:36:05 +0000

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

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PIMCO's El-Erian On The Inability To Grasp The Seismic Changes …

Doug Casey: Profit From the Euro-Crash

admin — Thu, 11 Mar 2010 01:23:40 +0000

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

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Doug Casey: Profit From the Euro-Crash

Gold: Get Some by Bill Sardi

admin — Thu, 11 Mar 2010 01:23:40 +0000

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.

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Gold: Get Some by Bill Sardi

Keith Johnson Wellington NZ

admin — Wed, 10 Mar 2010 21:27:00 +0000

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, ..

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Keith Johnson Wellington NZ

The 21st Century World: Bernanke's Dilemma: Hyperinflation and the …

admin — Wed, 10 Mar 2010 20:23:00 +0000

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 …..