The events of Friday not only speed the eventual collapse of the Bullion Bank Paper Derivative Pricing Scheme, they also highlight the fraud of this current system and shine light upon the utter desperation of these Banks to maintain it. We’ve written about this countless times over the past six years. Here are just two… Read More »
Written by Peter Diekmeyer (CLICK FOR ORIGINAL) Gold’s biggest enemy is a brilliant Nobel Prize winning economist, university professor and columnist for the New York Times. Sadly, he is also a con man. Last week Paul Krugman wrote a column for the New York Times in which he called Republican Paul Ryan, a “con man.”… Read More »
DB’s Jim Reid lays out the "endgame" scenario, one which this website first said is inevitable back in 2009. With Citi and Macquarie already on board, expect what was once merely the figment of a "deranged tinfoil conspiracy-theory blog’s" imagination, to become global monetary policy. And yes, the real endgame is the one we have… Read More »
– What Keynes would think of today’s “Neo-Keynesians”- Unlike his acolytes, he understood the value of gold and the dangers of currency debasement- Keynes did not desire “a world where currencies are backed by nothing more than a governmental promise to pay while the printing presses whirled unchecked”– Keynes would have been “puzzled that his… Read More »
Nothing is better than cash. A new group, which calls itself the Better Than Cash Alliance, is as dangerous as the group of “outdoor enthusiasts†that met at Jekyll Island that fateful early-20th Century November. A number of financial institutions, including, but not limited to, Citi, Visa, and MasterCard, support the BTCA, for obvious reasons.… Read More »