The drive to eliminate cash and move to 100% electronic money remains in full force. The Swiss are coming under pressure to eliminate the 1,000SF note from other countries fearing money can be hidden in cash avoiding taxes. The Swiss would never admit that they are doing this because of pressure, but this is what […]

Some define hyperinflation as merely the cumulative inflation rate over three years approaching or exceeding 100% with an annual rate above 25%. The reason I do not agree with that definition is because many countries have had brief periods of inflation at that level, survived, and even the currency lives for another day. The USA […]

Glenn Greenwald has been championing Edward Snowden and has reported that the Email service used by Snowden has shut itself down, warning against using US-based companies: ‘Google, Facebook, Microsoft, Yahoo, Apple, and the rest of our internet titans. He askes why have these companies rolled-over and are not fighting for our interests the same way. The […]

The Euro on the cash reached 13359 yesterday and we our weekly resistance is 13357 for this week so a closing below that will warn that the euro may have reached a high 23 days up from the July 9th low (we are currently trading at 13341). Eventually, a weekly closing beneath 12800 will signal […]

The US has been using the British and the Germans to spy on Americans as they in turn gather evidence on their citizens and they are all avoiding the the law. “Parallel Construction” is a term used within government when they are creating fictitious documents to pretend how a case against any citizen actually begins. The […]

Obama effectively has outright lied to the world and the American people. He said the NSA posed no risk because it was overseen by Congress. What has emerged now is that is simply not true. This is a hunt for money on a grand scale. If this statement is wrong, then simply pass an act […]

QUESTION: Do you think gold would be confiscated by government as was the case by Roosevelt? ANSWER: Absolutely. It is a question that we must confront. As long as they think money is tangible and they seek to satisfy the bankers by servicing the debt, then they will do whatever it takes to retain power. […]

The mantra of Goldbugs has been that paper money is worthless and only gold is money. That is pretty much like saying the earth is still flat. Money has historically been many things and gold is only one of them. The issue is always the fact that money (regardless of what it is) rises and […]

Only in America is it possible when the rich people – who pay 86% of all income taxes – are accused of not paying their “fair share” by people who don’t pay any income taxes at all. And then, politicians can talk about the greed of the rich at a $35,000.00 a plate campaign fund-raising event […]

Perhaps the number one question I always get about the ordeal I went through and the sheer chaos that surrounded everything, was just who really was behind the plot to blackmail the former head of Russia Boris Yeltsin to stop him from running for reelection in 2000 and hand-pick Boris Abramovich Berezovsky? It is true […]