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Bitcoin Cash: $ USD
As the dollar continues to weaken, concerns are mounting in much of Asia over another descending currency: the Chinese yuan.For more than a year, China has kept the yuan largely unchanged against the dollar. So, like the dollar, the yuan has been fal
In a recent interview with Chrystia Freeland of the Financial Times, George Soros talks about his belief that the world needs a “financial new world order.” He goes into detail about China’s role in the new financial world order and says the dollar w
You Tube Description...The writing is on the wall, my friends. If you havent invested in gold & silver yet, you may want to consider doing so. In Peter Shiffs own words, "Get out of the US dollar." Could this be related to the webbot prediction? Time
This is the scariest image in finance:
THE Nationals Senate leader Barnaby Joyce is openly canvassing an economic upheaval that would dwarf the current global financial crisis, triggered by the US defaulting on its sovereign debt within the next few years.
Guess who said the following: Far from turning around the [George] Bush legacy of deficits and debt, [US president Barack] Obama has made it worse. It has got all the hallmarks of a financial collapse about to happen in America...
Think commodities and emerging markets, and don't expect even high single digit portfolio returns. That was the grim message today at the Forum for Institutional Investors conference, where a panel of private equity managers on macro economics.
Max discloses the new coming currency system, elimination of dollar reserve standard, and why gold will continue to skyrocket.
Commodities rose broadly Wednesday as the dollar took another tumble, sending prices for gold, oil and soybeans soaring. The ICE Futures U.S. dollar index, a widely used measure of the dollar’s value against other currencies, fell 0.5 percent in afte
This isn’t a recent phenomenon. The use of SDRs by U.S. federal government institutions goes further back than 2009
The US Federal Reserve continues to talk about their urgent Exit Strategy. My theory is they will be doing mostly talking and almost no doing. The nations that talk the least will be hiking interest rates the most, like Australia. The US might be
Watching the Dominos Fall: Glenn Beck call Charles Goyette, author of the new book The Dollar Meltdown, to war game scenarios for a currnecy crisis. When the U.S. dollar goes, what does it take with it? Charles outlines simple steps that you can t
“The idea of making money earn a negative return is not entirely new. In the late 19th century, the German economist Silvio Gesell argued for a tax on holding money. He was concerned that during times of financial stress, people hoard money rather th
On Tuesday, Matt Drudge ran a headline about the weakening U.S. dollar on his website, Drudgereport.com. In and of itself, that would be unremarkable, except that it was the 18th time Drudge had posted a link to a story about the weak dollar this mon
1) Latin America is planning a US dollar replacement. 2) The US budget deficit in 2009 exceeded 40% of the federal expenditures, the historically tipping point into hyperinflation. 3) Big investors, including Mr. Einhorn, are turning to gold as
Now you don't even have to have USD (or EUR or JPY or any other fiat currency) for collateral.
Economic historian Niall Ferguson warns that China's love affair with the dollar is fading faster than anyone realizes.
If a cheap dollar doesn't produce prosperity, could the gnomes in the Treasury and at the Federal Reserve have other reasons to opt for the devaluation of the dollar? They go about their subterranean toil, undermining the dollar seemingly heedless of
Last Friday, the Brazilian Government denied allegations that it would impose a new tax on foreign fixed income investments and equities, in hopes of cooling off its surging currency and speculation in its markets.
Martin here with the most shocking new numbers I’ve seen in my lifetime. My conclusion: Fed Chairman Bernanke has dumped so much funny money into the U.S. banking system and has done so little to manage how that money is used, the fate of our enti
The U.S. dollar started the week under pressure, sinking Monday after the Fed Bank of New York released a statement clarifying some recent activity that market participants had interpreted as preparation for removing some liquidity from the financial
Sec. Geithner: I don’t talk about developments in the exchange markets, I generally don’t ,but I think if you look at what’s happened over the last year, you’ve seen really a lot of confidence in the U.S. finance, a lot of confidence in the in the
A week ago the world was split into two camps: those who said Robert Fisk was an idiot and that anyone who believes him is a tinfoil hat wearing paranoid sociopath, and those who said Robert Fisk was brilliant and that anyone who does not believe him
Leftist Latin American leaders agreed here on the creation of a regional currency, the Sucre, aimed at scaling back the use of the US dollar.
The shortfall for the 12 months ended Sept. 30 was more than triple the $455 billion record set a year earlier, the Treasury Department said today in Washington.
At the end of last year, I began writing about what I saw happening as the Federal Reserve started assuming the liabilities of the investment banks and the federal government began deficit spending at an unprecedented pace.I’ve been calling these cha
he U.S. dollar may need to raise capital. The Treasury Department is due on Friday morning to release Treasury International Capital data for August, tracking capital flows across U.S. borders.
