Posts Tagged Gold

Greece is the Word

indexI saw my problems and I’ll see the light
We got a lovin’ thing, we gotta feed it right
There ain’t no danger we can go too far
We start believin’ now that we can be who we areGREECE is the word

They think our love is just a growin’ pain
Why don’t they understand? it’s just a cryin’ shame
Their lips are lyin’, only real is real
We stop the fight right now, we got to be what we feelGREECE is the word

– Lyrics from Grease (listen to song here) Read the rest of this entry »

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Brave Enough to take the Blame

imagesSome lead with integrity – like all good leaders, they take the blame when things fall apart. There’s no winching distractions and sacrifice of scapegoats. In times of old, wars were fought with the leaders leading in the front. They were true warriors. They took the first blow. In modern leadership, the leader leads from the rear. No wonder they coined the term “Rear Admiral”. The lesser mortals were left to die while leaders hide in bunkers and protected by layers of secret police and armour. Can you respect such leadership? Read the rest of this entry »

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When Money Stops Flowing

greeceSHTFPlan.com – For years the mainstream media and their following of myrmidons have made a joke out of those who have taken time, effort and money to prepare their homes, assets and families for “Doomsday” scenarios that may include anything from financial collapse to natural disasters.

For those who laugh at “preppers” it boils down to the belief that this time is different from the countless historical examples showing just how bad things can get. World wars, monetary hyperinflations, depressions, tyrannical governments, pandemics, Tsunamis, you name it; according to the experts, these things can never happen, especially not here in America. Plus, in the off chance that something does go wrong, we can always depend on our government to bail us out. Read the rest of this entry »

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Wizard of Banking

imagesThere is nothing new under the sun. It will rise from the east, and sets in the west. There is nothing new at all. So should bank closures in Greece be such headline news? Just not too long ago, Cyprus was a dress rehearsal. Anyone watching the banking system knows that. Now that rehearsal phase 1 has passed with flying colours, we are in phase 2. It’s Greece turn. Greece may be a little different from Cyprus. Greece will hurt the EU, while Cyprus hurts the Russians. There is always the possibility of a rabbit being pulled out of the Troika’s hat. Only it won’t be white this time. It will be pink. Greece is dress rehearsal 2. The finale is making its debut soon. Read the rest of this entry »

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Last Tango in Athens

2015-06-25_191959The music begins. The pair of dancers took position, feeling the pulsating beat of the habanera rhythm – pomp … pomp ….. pomp…… and off they go.  The slender and sexy lady gyrated gracefully to the tune of the beats with staccato twists, somersaults and turns in the steady hands of her partner.  The pair floated and glided over the dance floor. The ambience was dreamily romantic. The pairing was made in heaven. Until they awake from the dream.  Read the rest of this entry »

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Financial Chaos

indexSeveral stories are emerging in the financial circle that imminent spell trouble. There are hardly any news that present hope for the financial future. Signs of desperation and despair are ubiquitous. Most MSM news are still not reporting the scale of troubles in the horizon as they should. All that MSM are reporting are tabloid news aimed at gossips and illusions. Should we be overly concerned over jittery events sprouting all over, or should we trust our governments and lay back and watch TV? Read the rest of this entry »

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War on Cash 2

indexLewRockwell.com – Cash has never been a popular asset with the totalitarian set. It’s difficult, if not impossible, to trace. Cash makes it possible to do business “off the books.”

For decades, with the US leading the effort, governments have engaged in a War on Cash. The original justification for this war was to fight racketeering. The War on Cash morphed into the War on Drugs, then the War on Money Laundering, and subsequently, the War on Terror. (Continue with article here, and previous article here)

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Tangible vs Virtual Currency

gold-bullionSince the advent of fiat currency, the mighty US dollar (USD) reigned as the world’s reserve currency. When Richard Nixon was US President, the USD reserve currency status was further enhanced as not only a reserve currency, but also the de facto currency for petrol transactions. That was the birth of the petrol dollar. That deal was craftily done in 1973 when the then-Secretary of State Henry Kissinger hatched a brilliant idea and negotiated a deal with Saudi Arabia that in exchange for arms and protection they would denominate all future oil sales in U.S. dollars. But that is about to change. Read the rest of this entry »

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Dollar Dies

imagesAllNewsPipelineThe signs have been highlighted over the years, the experts have shouted warnings, but Americans insulated by the MSM with stories of how the dollar is strengthening, the economy is growing again, were the last to be told that the age of the US Dollars dominance across the globe, is at an end.

Historically world reserve currencies have lasted between 80 and 110 years, the US Dollar has held that status for 94 years and one specific event just occurred that put the final nail in the Dollar’s coffin as headlines scream “Europeans defy US to join China-led development bank.” Read the rest of this entry »

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Money No Good

imageIt’s strange. Once upon a time, banks are the ones looking for people to deposit money with them so that they could make money from the deposited money. They go all out to woe your money. Banks pay depositors an interest rate for the deposit so that the banks can lend the money to someone else at a higher interest rate, thereby making the difference. That was what we were taught in schools. On top of that, the banks not only lend out the depositor’s money, but by a sleuth of hand, they are allowed by law to lend out many times more the sum deposited on the basis of the fractional reserve system. This “economics 101 (before 2008)” doesn’t seem to function anymore. Banks DON”T want your money now! And we were told that many banks are insolvent or on the brink of insolvency. Read the rest of this entry »

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