
Israel Dumps The Dollar For China's Renminbi
• Zero HedgeThe bedrock of the global monetary system continues to shift, including two profound pieces of news over the last 24 hours that no one seems to have noticed.
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The bedrock of the global monetary system continues to shift, including two profound pieces of news over the last 24 hours that no one seems to have noticed.
Bancor, Rancor, and Rancour
Friend of Fringe Finance Lawrence Lepard released his most recent investor letter a few days ago with his updated take on the seismic changes occurring in monetary policy globally as a result of the Russia/Ukraine conflict.
Putin, MBS discuss cooperation in OPEC+ oil production pact.
As preview earlier (see below), moments ago the Bank of Canada indeed hiked rates by 50bps to 1%, as expected, the second rate hike in the post-covid era following a 25bps hike in March.
BRICS Ministers of Finance Hold a Meeting – It Is Time to Replace Western Financial Trade Mechanisms and Remove The Dollar
Macroeconomic analyst Rob Kirby says all the problems of the world, whether it's the truckers in Canada or the trouble in Ukraine, can be traced back to "obscene" secret money creation and the lies to cover it all up before it blows up.
Iran may soon follow the Russian example and start selling oil and gas in its currency, rial, instead of US dollars. The rial is likely to be bound to gold, just like the Russian rouble.
The facts of gold confiscation: The saga continues...
What goes up must come down.
Goldman Warns Of Higher Oil Prices & Volatility Due To "Self-Sustaining" Physical & Financial Deficit Doom-Loop
We will look back at current events and realise that they marked the change from a dollar-based global economy underwritten by financial assets to commodity-backed currencies.
BlackRock Exec Says Inflation Crisis Is About To Get EXTREMELY Bad And To 'Buckle Up'
Some alternative media groups claim that Russian President Putin is fighting against globalists who are following the World Economic Forum (WEF) Great Reset program for technocratic control and are destroying the West.
Let's take a look at action in two major gold miners and a gold mining ETF vs the price of gold futures.
Global supply chains have not recovered from Covid-19. Any yet another major disruption is underway.
The World Government Summit is underway this week in Abu Dhabi and we've already got a bombshell to report.
The US and EU have "tarnished their reputation" by freezing Russia's central bank reserves, ex-President Dmitry Medvedev has said
The ante was upped
Commentators are trying to make sense of Russian moves. However, there is a back story which differs from much of the speculation, which this article addresses.
A new reality is being formed: the unipolar world is irrevocably becoming a thing of the past, a multipolar one is taking shape
I first heard the phrase "Great Reset" way back in 2014. Christine Lagarde, who was head of the IMF at the time, was suddenly becoming very vocal about global centralization.
Q1 was unreal...
India is considering a proposal from Russia to use a messaging system developed by the Russian central bank for bilateral payments as New Delhi isn't following the US-led economic campaign against Moscow, Bloomberg reported on Wednesday.
Conventional wisdom on why the ruble has rallied is simply wrong. Let's discuss the theories and what is really happening...
"...insanity is doing the same thing over and over again and expecting different results."
Say what you will about Germans, they have a distinct hate-hate relationship with hyperinflation, having been one of the very few "developed" nations to experience it in the not too distant past courtesy of Rudy von Havenstein's application of "Moder
BlackRock CEO Larry Fink's annual letter to shareholders has become heavily scrutinized as ones from Berkshire Hathaway chief Warren Buffett and JP Morgan chief Jamie Dimon.
In this video, John goes into what he sees as signs of the fall of the US Empire. Many are betting on China to take the throne from the US and become the next empire, but I ask whether the next empire will be China or a cabal of Global Elites run thr
..Could the euro beat the Yen in the race to the graveyard?