The Economist: "Get Ready For A World Currency By 2018"
A 1988 edition of The Economist magazine predicted a world currency by the year 2018.
Read articleA 1988 edition of The Economist magazine predicted a world currency by the year 2018.
Read articleThe Bundesbank today announced it had "completed its gold transfer process earlier than originally planned."
Read articleTotally irresponsible policies by Governments and Central Banks have created the most dangerous situation that the world has ever experienced. Risk doesn’t arise quickly as the result of a single action or event. No, risk of the magnitude that the world is experiencing today is the result of many ye...
Read articleU.S. Treasury Secretary Steven Mnuchin paid a rare official visit to Fort Knox to check out the nation’s gold stash on Monday.
Read articleFake money has created a totally uneven playing field for most ordinary people.
Read articleOver the last 150 years, the West has gone from human slavery to debt slavery.
Read articleThe trillions of dollars, euro, yens, Yuan etc. created by the central banks since the 2008 crisis haven’t triggered any wave of inflation, contrary to what history has been teaching thus far. But should we underestimate the risk? Of course not.
Read articleIn the next 3-5 years most asset classes, be it stocks, bonds or property or just currencies are likely to lose 75% to 99% against gold and silver. Certainly not a risk worth taking.
Read articleThe dollar rally out of the 2014 3 YCL has fooled everyone into thinking the dollar is strong and the euro is going to collapse. So everyone is now on the wrong side of the market. That’s pretty much how every bear market starts with everyone on the wrong side of the boat.
Read articleThe “normalization” of monetary policy, while plausible, may turn out to be a misnomer or even a pipe dream without much stronger growth and inflation. In their absence, long-term global bond yields are likely to remain below what would be considered “normal” in previous cycles, and downward pressur...
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