By Graham Summers, MBA The financial system is beginning to break. The Bank of England (BoE) is now the first major central bank to lose control of its respective bond and currency markets. Last week, the new government in the …
By Graham Summers, MBA The single most important asset in the world is the $USD. The $USD is the reserve currency of the world. It is involved in ~95% of all currency transactions globally. Moreover, it is used in 85% …
A consortium of six European nations is pushing for a new, digital, cross-border payment system which ultimately aims to combine the EU Digital Identification program with a digital euro. The NOBID (Nordic-Baltic eID) project – which is comprised of the …
By Graham Summers, MBA As I mentioned on Monday, the Great Currency Wars have begun. Japan is about to intervene directly in their currency markets. And why wouldn’t they… Japan imports most of its energy and food… and its currency …
by Amy S. The Devaluation of the dollar has been happening for the last 70 years or so, especially after 1971. The devaluation of the dollar is a monetary phenomenon and typically driven by lowering interest rates by the federal reserve …
FALLOUT: Russia Privately Warns of Deep and Prolonged Economic Damage. The document, the result of months of work by officials and experts trying to assess the true impact of Russia’s economic isolation due to President Vladimir Putin’s invasion of Ukraine, paints …
by Simon Black of Sovereign Man Robert Mugabe could have gone down in history with the same esteem and grandeur as Nelson Mandela. Like Mandela, Mugabe was imprisoned for several years for being a prominent anti-colonialist leader in Zimbabwe— then called Rhodesia. Upon …
by Stewart Thomson of Graceland Updates 1. What lies ahead for America and the world, for the rest of 2022 and 2023? Well, please click here now. Legendary economist Steve Hanke warns of a major recession in 2023 and suggests it would be happening… even with no rate …
by Shaun Richards Over the weekend the Bank of England found itself being left behind by events. Perhaps it took the concept of the late summer Bank Holiday too seriously as whilst Governor Andrew Bailey was present at Jackson Hole …
Editor’s Note: I do NOT believe we are on the verge of Central Bank Digital Currencies hitting the mainstream this year. It COULD happen, but that would take a major upheaval. What I do believe is that they will be …
by Mac Slavo of SHTFplan The endgame is to total control of the slaves with a cash-free system. Those at the top will fully control a central bank digital currency or CBDC, and once they roll it out, it’s game over for the …
Buried in the new government spending bill is Executive Order 14067 (called “Bitcoin’s Evil Cousin”). James Ricards and Robert Kiyosaki call this evil move to eliminate our US Currency and replace it with ‘Biden Bucks’ “the most treasonous act in U.S. …
China's net gold imports via Hong Kong soared in June fivefold… China is the world’s top gold consumer BRICS is working on a new global reserve currency, and all of them have been stockpiling gold for years These nations should …
by Claudio Grass via Claudiograss.ch Part II of II, by Claudio Grass, Hünenberg See, Switzerland “Reverse currency wars”? Although the parity event may have captured the attention of the mainstream financial press and most western citizens, there’s a much bigger shift that has …
If you’ve blinked over the last month, you may have missed it… China and Russia are taking their shot at the U.S. dollar. And as often happens with consequential news in the United States and the West, no one seems …
KYIV, July 21 (Reuters) – Ukraine’s central bank devalued the hryvnia currency by 25% against the U.S. dollar on Thursday to help the country cope with the growing economic impact of the war with Russia. The National Bank of Ukraine …
That’s not very comforting. Volatility keeps inching up on the MOVE and Currency indexes. The $VIX can’t be far behind. @Mayhem4Markets pic.twitter.com/eZl7eySmH3 — Ayesha Tariq, CFA (@AyeshaTariq) July 9, 2022
We are heading for what I call GSM: Global Synchronized Meltdown. pic.twitter.com/ByLNKdKS4U — Mac10 (@SuburbanDrone) July 6, 2022 An EM currency crisis will seal the fate of all BTFD gamblers. pic.twitter.com/7Cajqmdg1s — Mac10 (@SuburbanDrone) July 6, 2022 🔻 Financial Conditions …
by Josh Sigurdson with Tim Picciott via World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the coming digital world order as Jerome Powell admits that the US dollar is at risk of losing its standing as the world reserve currency. …
Resist digital fiat. It's like paper only it gives the CBs more power and less accountability. — John Tuld (@BradHuston) June 17, 2022
by Boo_Randy Becoming our own central banks by stacking the shiny is literally We the People’s only defense against our corrupt elites & criminal central bankers. https://www.bloomberg.com/news/articles/2022-05-24/turkish-lira-weakens-to-lowest-since-2021-currency-meltdown?srnd=premium-middle-east&sref=ibr3A0ff The Turkish lira weakened to a five-month low against the US dollar as …
by Orangutan that it is not just happening in one or two totalitarian countries, but nearly every country in the world; time to start planning the controlled demolition of the existing monetary order. Now known as Central Bank Digital Currency, …
by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the new report showing 90% of countries worldwide are planning the creation of a central bank digital currency, just in time for the great reset which sets out to make this a …
The remorseless strength of the U.S. dollar as the global haven is starting to cause problems — and not just in emerging markets. Japan and Europe have traditionally preferred to have their currencies run a little weak to the dollar to …
