My take is that the Fed is desperate to raise rates before the next recession — so they can cut them again — and will take every opportunity to do so.
Ice-Nine is a freeze of the financial system. It’s something that’s happened before, and it’ll happen again in the next crisis.
Is Trump’s anti-China rhetoric going to trigger another currency war with China? If so, China may jump out ahead and devalue the Chinese yuan.
Once the war on cash heats up — and certainly when that war is in full swing, out in the open — people everywhere will turn to gold as an alternative form of money.
Italy wants to bail out BMP with taxpayer money. That’s the standard playbook which governments used in 2008. But the rules have changed.
It’ll preserve your wealth in the coming collapse and mitigate an “ice-9” freeze of your assets. You don’t have to be helpless when the crisis arrives.
The International Monetary Fund (IMF) officially added the Chinese yuan to its basket of currencies comprising its SDR. This has enormous long-term implications for the US dollar...
No central banker would ever willingly choose to go back on a gold standard. But in a scenario where there’s a total loss in confidence, they’ll likely have to go back to a gold standard.
Jim Rickards plays gold basher advocate and tries to think of some ways to make a case against gold. Enjoy…
Everything about the International Monetary Fund (IMF) is designed to make it difficult for outsiders like you to have any idea what is going on. It prints money like most central banks, but this world money has the opaque name of special drawing right, or SDR.