Tag Archives: Dollar

Hyperinflation by 2015

By | July 5, 2021

From the National Inflation Association: Inflation is surely hitting the grocery store. White bread I used to buy for a $1 is now almost $2. chicken up at least $2. milk up and so on. Everything is going up but wages! I wonder what the actual breaking point is gonna be for the American people.?… Read More »

Crash JP Morgan … Buy Silver

By | July 5, 2021

One of the too big to fail banks – JP Morgan – manipulates the silver market. Max Keiser has an idea for attacking the weak underbelly of the seemingly invincible too big to fail banks and market manipulators … all at the same time. Specifically, Keiser said that if everyone buys just 1 ounce of… Read More »

More QE is fraught with danger

By | July 5, 2021

I am in awe at one of the wealthiest men in the world, and someone I am proud to call a friend, Hugo Salinas Price. He just increased the scope of his movement to monetize silver. He is now suggesting not just Mexico, but also the United States return to silver as a currency for… Read More »

Investors Are Deaf to the Screams of Gold

By | July 5, 2021

Sept. 23 (Bloomberg) — Most of us own truths too painful to confess. We drink too much. We lust inappropriately. We envy. We covet material goods, when every study shows experiences count for so much more. Confessing them, even just to ourselves in the long, dark teatime of the soul, is too distressing. The collective… Read More »

Fed’s Outright Treasury Debt Purchases May Top $300 Billion

By | July 5, 2021

“The Federal Reserve will likely reemerge as the biggest buyer of Treasuries when it resumes purchasing U.S. government securities today to prevent money from draining out of the financial system. JPMorgan Chase & Co. strategists estimate the Fed will buy about $284 billion in Treasuries over the next year, or more than the combined purchases… Read More »

Top Chinese Economists Call For Government To Ditch U.S. Treasuries And Buy Gold

By | July 5, 2021

A former adviser to the Chinese central bank, and influential economist, has called for his nation to diversify away from U.S. treasury holdings. This comes after China cut its U.S. treasury holdings by $32.5 billion in May: According to Reuters: ‘Although assets in other currencies and forms are not an ideal replacement for U.S. Treasury… Read More »

UN report: Scrap US dollar as sole reserve currency

By | July 5, 2021

(Reuters) – A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value. But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine… Read More »