Tag Archives: Dollar

Nothing is better than cash

By | July 5, 2021

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 »

The inimitable Kyle Bass

By | July 5, 2021

Here’s a December 2011 snapshot from the inimitable Kyle Bass http://watch.bnn.ca/the-street/december-2011/the-street-december-13-2011/#clip584882 (sorry no embed for that one) Here’s another treat. Must watch for everyone who enjoys not being lied to. Unlike all other cheap talking heads, and know-nothing pundits who merely need a suit to make an appearance on one of the TV’s financial comedy… Read More »

A Special Alert from Peter Schiff

By | July 5, 2021

URGENT MESSAGE FROM PETER SCHIFF: Friday’s downgrade of US debt has enormous implications for every American investor. I expect the decline of the dollar will accelerate, and gold – the most probable beneficiary of the rating cut – will soar. If you’ve been waiting for a significant pullback in prices to buy metals, or add… Read More »

The Canadian Dollar is not a Safe Haven

By | July 5, 2021

Jeff of The Dollar Vigilante also highlights five top reasons why the Canadian dollar will not survive a US dollar collapse: The Canadian economy is very tied to the US economy The Canadian Government is intent on devaluing the Canadian dollar alongside the US The Bank of Canada has virtually no gold backing the Canadian… Read More »

How to Vote Bernanke Out

By | July 5, 2021

How to Vote Bernanke Out | zero hedge: As noted in yesterday’s essay, Bernanke and pals’ claims that the US is in a recovery due to the fact the stock market has rallied are totally bogus. Bernanke is measuring his success in US Dollars, which incidentally happens to be a ruler that he can continually… Read More »

THE AMERICAN DREAM

By | July 5, 2021

Do you know how your money is created? Or how banking works? Why did housing prices skyrocket and then plunge? Do you really know what the Federal Reserve System is and how it affects you every single day? THE AMERICAN DREAM takes an entertaining but hard hitting look at how the problems we have today… Read More »

The Bernank on 60 Minutes yesterday

By | July 5, 2021

Bernanke’s statement that unemployment is the biggest impediment to economic recovery is ironic, given that Bernanke’s policies have increased unemployment. See this and this. Harry Blodget notes that Bernanke implied that inequality is destroying America. Tyler Durden hones in on Bernanke’s statements that the economic recovery may not be self-sustaining, and that the Fed may… Read More »

Ponzi end-game

By | July 5, 2021

The Beginning Of The Ponzi End: The Biggest Holder Of US Debt Is Ben Bernanke “Well, folks, it’s official – mark November 22, 2010 in your calendars – today is the day the Ponzi starts in earnest. With today’s $8.3 billion POMO monetization, the Fed’s official holdings of US Treasury securities now amount to $891.3… Read More »