October 2, 2012
According to Deutsche Bank analysts Daniel Brebner and Xiao Fu, gold is “not really a commodity at all.” Berbner and Fu explain: “While it is included in the commodities basket it is in fact a medium of exchange and one that is officially recognized (if not publically used as such). We see gold as an officially recognized form of money for one primary reason: it is widely held by most of the…
ContinueAdded by Robert Carobene on October 2, 2012 at 10:55pm — No Comments
The United States is not the only one with massive economic problems right now. The truth is that just about wherever you look around the globe things are getting even worse. China is experiencing a substantial economic slowdown, and Japan has resorted to yet another round of money printing in an effort to keep the Japanese economy moving. Unemployment in Europe continues to get even worse, and the riots this week in Spain and in Greece have been absolutely frightening…
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Added by Robert Carobene on August 10, 2012 at 8:21am — No Comments
Are we rapidly approaching a moment of reckoning for the global financial system? August is likely to be a relatively slow month as most of Europe is on vacation, but after that we will be moving into a “danger zone” where just about anything could happen. Historically, a financial crisis has been more likely to happen in the fall than during any other time, and this fall is shaping up to be a doozy.
Much of the focus of the financial…
ContinueAdded by Robert Carobene on July 31, 2012 at 8:46am — 6 Comments
Mac Slavo
SHTFPlan.com
July 18, 2012
The single most important factor responsible for fueling the last several decades of economic growth has been credit expansion. Whether it’s central banks lending money to large financial institutions, or private banks dispersing funds to businesses and individuals, our…
ContinueAdded by Robert Carobene on July 18, 2012 at 8:34am — 4 Comments
Added by Robert Carobene on July 11, 2012 at 9:00am — 4 Comments
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Added by Robert Carobene on June 8, 2012 at 9:48am — No Comments
They say we are headed there with countries falling like Spain Greece and later it will be the states then Canada and then the whole world.
As everyone is well aware, Europe is an absolute mess. The gravity of the global …
ContinueAdded by Robert Carobene on May 29, 2012 at 9:00am — 3 Comments
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Jim Untershine, GZS of LB, 08-02-08
The operating system (government) that runs on our platform…
Added by Robert Carobene on May 15, 2012 at 9:02am — 6 Comments
Added by Robert Carobene on February 23, 2012 at 1:46pm — 1 Comment
Added by Robert Carobene on December 12, 2011 at 9:12am — No Comments
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