Authored by Bruce Wilds via the Advancing Time blog, …Could the euro beat the Yen in the race to the graveyard? Before saying anything else, it is important to note, that when it comes to the major currency, it is safe to assume they are manipulated by the central bank. It is in the best […]
From The Hill Whenever the White House says it is working on a plan that would transform a vital part of the U.S. economy, and that the administration is doing so with the “highest urgency,” it should go without saying that the press should pay close attention to what’s going on. Even more importantly, the […]
Authored by Nick Corbishley via NakedCapitalism.com, Given how much is at stake, this financial revolution is among the most important questions today’s societies could possibly grapple with. It should be under discussion in every parliament of every land, and at every dinner table in every country in the world. Around 90 central banks are either […]
From Economist EACH DAY brings new horrors to Ukraine, where Russian artillery fire echoes like thunder across cities and towns. The metropolis of Kharkiv lies in ruins, a victim of two weeks of bombardment. Mariupol, on the coast, has been destroyed. It is too soon to know if a winner will emerge from the fighting. […]
Authored by Michael Maharrey via SchiffGold.com, Last week, I asked the question: is the US undermining the dollar’s credibility? It appears the answer is — yes. In another blow to dollar dominance, Saudi Arabia is reportedly considering pricing at least some of its Chinese oil sales in Petroyuan. According to the Wall Street Journal, the move would […]
From Zero Hedge: In the latest sign that western sanctions against Russia are really just that, and exclude much of the non-western world, Delhi announced overnight that it wants to keep its key trading partner on board despite Western attempts to isolate Moscow through sanctions with Reuters reporting that according to two Indian officials, India may take up […]
Currency Central Holdings Inc – @ www.currencycentralinc.com 3/11/2022 — For years we have heard about a “One World Currency” and many thought the idea absurd. But now we are seeing the mechanics of how markets might be forced into a ‘New Monetary Union’ even if it’s not exactly as some have envisioned. If we strip […]
From Coindesk 3 / 9 / 2022 Seizing Russian holdings of American debt risks the role of the U.S. in the international system and opens the door to gold and bitcoin. By Nic CarterLayer 2 Mar 9, 2022 at 10:39 a.m. ESTUpdated Mar 9, 2022 at 10:42 a.m. EST Amid the dying embers of World War II, […]
From Coindesk 3 / 9 / 2022: The Takeaway U.S. President Joe Biden signed a first-of-its-kind executive order on cryptocurrencies on Wednesday, directing federal agencies to coordinate their approach to the sector. The executive order does not lay out specific positions the administration wants agencies to adopt, or impose new regulations on the sector. One […]