By Rhod Mackenzie The Bank of China (BOC), one of China’s four largest state-owned commercial banks, has inaugurated its first branch in Riyadh, the capital of Saudi Arabia. This move aims to extend the use of the yuan in trade and finance. Analysts have observed that since the recent BRICS Summit, members of the bloc […]
By Rhod Mackenzie According to Liu Lin, the deputy head of the investment department of the People’s Bank of China (PBOC), major issuers are trying to take advantage of the interest rate differential between China and the United States, and are therefore issuing and selling as many yuan bonds as possible, effectively increasing its weight […]
by Egon Von Greyerz, Gold Switzerland: The world economy and especially the political and economic situation today consists of a potpourri of lethal ingredients which will have dire consequences. Let’s look at what this deadly potion consists of: Debts at levels that can never be repaid – sovereign, corporate & private Epic global bubbles in […]
RT | February 2, 2015 Li Hui, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Russia (RIA Novosti/Andrey Stenin) China’s ambassador to Moscow Li Hui says even though the ruble has lost more than 17 percent of its value this year it won’t significantly affect China-Russia trade and cooperation. “It is understandable […]
On my November 2014 Red Ice Radio appearance, I provided an update to the Karen Hudes situation, subsequent to my article on her February appearance. In it, I address her initial claims, why I was never interested in interviewing her, her position on gold and local currencies, her change of strategy in no longer talking […]
On the August 2, 2014 episode of Exposing Faux Capitalism with Jason Erb, I discussed: More analysis of The Gold Standard: Perspectives in the Austrian School (pp. 20-25), with Rothbard’s critique of a basket of currencies, bi-metallic standard and case for a single commodity gold standard.
Tom J. “UsuryFree” Kennedy was on the Power Hour with Joyce Riley on July 8, 2014 in an interview I helped to arrange. He spoke about his experience in founding usury-free community currencies, and why they are an essential component to a sound monetary system (starting 8 minutes in). For more on Tom J. Kennedy, […]
One of the misconceptions bandied about in the alternative media is that Former Federal Reserve Chairman Alan Greenspan claimed in 2007 that the Fed was above the law, as this popular video indicates. Here’s what he actually said: “The Federal Reserve is an independent agency, and that means, basically, that there is no other agency […]
I was a guest on the Josh Tolley Show on January 28, 2014, and I talked about economic freedom and the an entrepreneurial economy vs. an employment economy (from 14 mins. to 37), especially vis-a-vis Canada and the U.S., and how Canada has increased its freedom relative to the U.S. for five straight years according […]
I’m pleased to be Richard Syrett‘s guest on his Sunday night to Monday morning show, The Conspiracy Show, airing from Toronto, Canada, on November 4 at midnight EST, on Zoomer Radio AM 740 and 25 U.S. affiliates. Here is the announcement from his site: “12AM EXPOSING FAUX CAPITALISM Richard speaks with a researcher and blogger […]
