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Canada Warns its Citizens Not to Take Cash to USA

The Canadian government has had to warn its citizens not to carry cash to the USA because the USA does not presume innocence but guilt when it comes to money. Over $2.5 billion has been confiscated from Canadians traveling to the USA funding the police who grab it. If you are bringing cash to the […]

Investors Now Paying Germany Premiums to Hold their Cash

Anyone who questions when I began warning that interest rates would go negative, well that day has arrived. Investors are now paying Germany to park their money. At the first auction of six-month German Treasury bills after the recent ECB rate cut, investors had to make do with a negative yield of 0.0934 percent on […]

US Corporates All Cashed Up

The numbers are in. U.S. companies (excluding banks) are all cashed up holding more cash on their balance sheets than ever in history – some $1.64 trillion at the end of 2013. That is up 12% over 2012. If history repeats, they will start to buy their own shares back when the market turns down. So much […]

Cash = Money Laundering

It is actually a documented fact that unless you have cash that was hidden from the 1930s, the likelihood of there being drug residue on the notes is greater than 80% with $100 bills. They can seize cash now under money laundering laws and it becomes your burden to proven even why you have the […]

Coming Digital Cashless Unbacked Monetary System

QUESTION: Mr. Armstrong, I have been following you for a few years now and am impressed with your historical perspective in all areas of finance. We are currently in some interesting times indeed.   I see so many bloggers stating that there is going to be either an outright gold standard, or some form thereof. I […]

Make Banks pay Negative Fees for cash they sit on and do not LEND!

QUESTION: Marty, thank you so much for your article on Larry Summers. I am starting to understand why you do what you do. You actually care. This is obviously not about money for you. I never thought rates could go negative. You have opened my eyes to the way these people actually think. They are […]

Negative Interest Rates & Eliminating Cash – The Summers’ Solution

A speech delivered by Larry Summers at the IMF Research Conference on Nov. 8, 2013, has caused a real stir and is being hailed as brilliant, succinct, and a ground-breaking presentation that explained what many say is the most pressing economic matter of our time. The speech is being widely praised of course by Paul […]

Dogs Sniffing Cash at Borders

COMMENT: Dear Martin, the information in your blog concerning the hunt for cash in Europe and changes to Swiss banking  laws were reported in the mainstream press today. See NY Times article featuring cash sniffing dogs at transportation centers in Europe. Keep up the great work! John From The New York Times: European Borders Tested as […]

EU To Limit Cash Withdrawals to 100-200 Euros per day If a Bank Goes Down

The model in Cyprus of limiting cash withdrawals from banks is being adopted in the EU for the entire system. The European idea of socialism is the sustainability of the government – not the survival of the people. Europe continues to destroy its economic future by undermining public confidence in their entire financial system, http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdeutsche-wirtschafts-nachrichten.de%2F2013%2F08%2F07%2Fneue-eu-regel-sparer-muessen-um-guthaben-unter-100-000-euro-bangen%2F

Mailing Cash is Prohibited in USA – France Bars Even Gold

The US prohibits mailing cash at the Post Office. Anything mailed out of the USA must be declared as to the contents of the package. When I asked WHY? They said Homeland Security. I said it was leaving the country. They replied it still has to go on a plane. France now Prohibits Sending Currency […]