(TIM) — West Virginia Congressman Alex Mooney recently proposed legislation “to define the dollar as a fixed weight of gold.” Mooney harshly criticized U.S. monetary policy, citing the 96 percent loss since “the end of the gold standard in 1913,” which in real life terms means that means a dollar in 1913 would now be only be worth .04 […]
(ZHE) — In the west there is “helicopter money.” In Russia, they do “airplane gold.” Gems, precious metals and diamonds worth hundreds of millions rained over Russia’s coldest region when a Russian plane with ten tons of gold, platinum and diamonds lost a significant part of its cargo upon taking off from an airport in the Russian region […]
The American dollar will crash, and gold prices will surge to $10,000 per ounce. So says Byron King, the editor of Jim Rickards’ Gold Speculator.
The reasoning IS highly speculative, but there is logic to the claims that Byron makes:
Guilty pleas, watch the throne and penis-free politicians + this day in history w/Poppy Bush invades Somalia and our song of the day by Ron Gallo on your Morning Monarchy for December 4, 2017.
As the US and its E.U. partners continue to levy punitive sanctions on Russia, the BRICS are responding with new financial initiatives to help their members break-out of the US and European financial trading monopoly.
Currently, both China and Russia are surging ahead as the world’s top Central Bank buyers of gold, further consolidating their position to be able to weather a global dollar crisis which many expert believe is inevitable. When exactly that happens is still anyone’s guess.
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Secret meetings, unprecedented drills and misleading costs + this day in history w/the murder of Karen Silkwood and our song of the day by Frank Carter on your Morning Monarchy for November 13, 2017.
The US received a major blow to its global hegemony, and one which is sure to trigger more fighting talk from hawks in Washington.
This week it was announced that China has established a ‘payment versus payment‘ (PVP) system to clear Chinese yuan and Russian ruble transactions. The aim, we’re told, is to to “reduce risks and improve the efficiency” of its foreign exchange system.
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All of you remember Lord James of Blackheath, don't you? Well, in case you've forgotten who he is, he was the British peer who,…
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