Put on the a tin foil hat if you must, but US dollar's rally is resuming after short consolidation phase. I think the rally is only about 1/3 of where it is eventually going.
Many previous commentaries have detailed the mounting crises faced by the One Bank in its own paper-bullion markets. Invariably, these “crises” are 100% self-created. This is easily illustrated by reviewing a few of its current (increasingly serious) problems.
1) No one has seen the 10,000+ tons of gold which the U.S. government claims to have been storing (on behalf of itself, and other nations) for roughly 60 years.
2) The reason why no one has seen this gold is that most of it does not exist, and of the small fraction that remains, any audit would reveal that every bar had been pledged to numerous (dozens of?) owners.
I looked, and there before me was a pale horse!
Given the spate of recent poor economic numbers in the U.S. and internationally, analysts are beginning to question the veracity of some of the U.S. government's economic statistics including their jobs numbers today. “The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie ...”
In 1913 the US national debt was less than $3 Billion, gold was real money, and a cup of coffee cost a nickel.
By 2015 the US national debt had increased to over $18,000,000,000,000 ($18 Trillion), the gold standard was called a “barbarous relic,” most currencies had devolved into fiat paper and digital symbols backed by insolvent governments, and a Grande soy cinnamon latte, double pump, triple shot, extra hot, with sprinkles cost about five bucks.
What if the biggest challenge to capitalism grows out of its strengths not its weakness?
There is a bull market developing in gold and few are aware of it...
ECB putting interests of banks over those of people … again.
People versus the banks ... time to take a stand ...
Six years on from the financial crisis and central banks are still hacking away at interest rates. Australia and Romania's did this week and while Poland and India held off, both are expected to prune rates later in 2015.
This was the “Rubicon” moment: the instant at which Central Banks gave up pretending that their actions or policies were aimed at anything resembling public good or stability.
ECB's Jazbec: QE Could End Sooner Than Sept. 2016
The ECB kills the Troika!
Observe the progression of swine...
It becomes easier and easier to translate the propaganda of the One Bank (delivered by its messengers in the Corporate media) because the patterns of behavior of this crime syndicate continue to become more blatant/obvious.
The One Bank does not want to see any ‘defections’ amongst the member-states of the EU (i.e. any splintering of this totalitarian entity). The obvious reason for this is that the EU has morphed into a monetary straitjacket, as a single banking entity (the ECB) controls the printing presses of all EU states. To grasp the significance of this; we need merely refer back to the words of Mayer Amschel Rothschild (1744 – 1812), the original patriarch of the Rothschild clan, and architect of the One Bank.