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currency Archive
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Money Has Always Been What Was Available
Posted on February 21, 2016 | No CommentsSo I do not understand the claim that only gold is and always has been money. That is just total nonsense. There have been many different types of monetary systems. All have failed, regardless of what it was based upon because there is a common denominator — humanity. -
Money vs. Fiat
Posted on December 10, 2015 | No CommentsThe wealth of a nation is not its gold, land, or natural resources, for it still takes labor to bring any commodity to market. The wealth of a nation is its people. Look at Germany. Its productive capacity was the highest in Europe and it rightly rose to the top. In Africa and places in South America, the people are not educated as a whole or productive from an international trade perspective, and consequently those countries have been unable to rise to the top at any point in their history. -
Why the Euro Is A Dead Currency
Posted on December 4, 2015 | No CommentsI have been warning that government can do whatever it likes and declare anything to be be a criminal act. In the USA, not paying taxes is NOT a crime, failing to file your income tax is the crime. The EU has imposed the first outright total asset reporting requirement for cash, jewelry, and anything else you have of value stored away. -
China’s Renminbi Reserve Status
Posted on December 2, 2015 | No CommentsIncluding the renminbi in the SDR economically means nothing for it will not dethrone the dollar any more than the other currencies in the SDR, The only way to dethrone the dollar is to provide a deep currency where big money can park.’ -
Are Goldbugs Howling at the Moon with $100,000 Prices?
Posted on November 21, 2015 | No CommentsThey can rant against me all they want, but it will not make them right. Gold will not rally before its time. We have given the targets at the conference. The manipulators have it easy. Just rally gold $50 and they run out and buy more. Then it is taken back down and they do it again in three months. I seriously question why these so-called analysts are praised for cheerleading every rally yet never once say sell. -
What if NAFTA Became a Monetary Union?
Posted on July 10, 2015 | No CommentsThe single currency did not create a single economy nor a melting pot for Europe. People never say they are “European” but that they are French, German, Greek, Dutch, or whatever. The euro has provided the excuse for the conquest of Europe by pen, but it did not create a single economy that works in total harmony. Make no mistake about it – this is the conquest of Europe to dominate the people with a pen of oppression rather than using bullets. -
Who Are You?
Posted on June 22, 2015 | No CommentsSo, the most valuable lesson I have learned is to LISTEN and try to see the world through the eyes of everyone else. That is the only way to function. It is like terrorists who truly believe they will be rewarded. You must understand it is not your opinion that matters. This is why I say I will distinguish between my OPINION and what the computer projects. OPINION is not reliable. Until you learn that lesson, good luck in life. -
GOLD & MONEY: More Than Meets the Eye
Posted on January 20, 2013 | No CommentsIf they knew the truth they would confidently buy today at triple the price and call it a bargain of a lifetime. People ask, "Why waste effort to dig up Gold from the ground, only to rebury it in vaults?" I say, "For the same reason the central banks toil to print millions of fancy notes that nobody reads. If you've read one, you've read them all." You see, it is not the nature of money itself to earn interest, but rather, it is the investment risk that maybe earns a reward. A modern dollar in a shoebox is as a Gold coin beside it. No interest for either. You should know the interest paid by a bank savings account is not a product of the money itself, but instead it is the rewards on the risk the bank takes with the money you have provided for their investment use. Sometimes these banks choose poorly, and in those cases even the modern dollar earns no interest, and does not come back at all--lost with the closing of the bank doors. -
Financial Movie Night – Rollover (1981)
Posted on June 16, 2012 | No CommentsRollover is a 1981 political and financial thriller directed by Alan J. Pakula and starring Jane Fonda and Kris Kristofferson. -
Societal Darwininsm
Posted on December 18, 2010 | No CommentsThe second great error is the change from a capitalistic system to that of socialism. It is incrementally being put into place. Again history has shown it never works. When those who are successful are punished for success they leave and slowly the society dies. You cannot make a poor man rich by making a rich man poor.