Visa Ups the War on Cash Following on from last weeks report on the expanding war on cash down under, the latest news is that credit card processor Visa and other payment networks want to abolish cash and cheques that compete with their credit and debit cards. In the USA, the card companies are offering thousands […]
Tag Archives: central banks
11
Jul
Jul
It’s been a while since we heard from Darryl Schoon. His latest article looks at how the banker’s endgame is now accelerating. Plus Triffin’s Paradox, trade deficits and how Trump is likely to repeat the errors from the 1930’s. Then finally he discusses counterfeit coins and how to tell the difference between the counterfeit and […]
26
May
May
We always enjoy the dry but humorous writing of Bill Bonner. See why he believes even though the US central bank – the Fed – may be tightening it’s monetary policy currently, it won’t hesitate to revert to an easy money stance in the future… Fed Will Blink By Bill Bonner Justin’s note: Bill Bonner, […]
22
May
May
Last week we discussed how the IMF has: “…recommended the government implement a $10,000 “de minimis” exemption to the current Open Bank Resolution (OBR) scheme (a.k.a. bank depositor haircut scheme). This would mean that each bank depositor would get $10,000 exempt from the Reserve Bank of New Zealand’s (RBNZ) depositor “haircut” policy if a bank […]
21
Mar
Mar
See why the paper silver markets are still the major determinant of the price of silver, but how this might be slowly changing. You’ll learn what factors could be causing this change in the silver market and what could change silver’s value in comparison to gold. Is Silver a Better Value than Gold Right Now? […]
15
Mar
Mar
In the past few weeks we’ve featured 2 previous articles from Chris Martenson. He’s back with the third part of this trilogy. So if you haven’t yet it might pay to check out the other two first: The Mother Of All Financial Bubbles The Coming Great Wealth Transfer Then read on […]
06
Mar
Mar
There is a lot of talk about the possibility of an impending stock market sell off. (May be a good reason why one will not come just yet perhaps?). But there is a sell off going on currently pretty much unnoticed which could have a much bigger impact globally. Read on to learn what it […]
27
Feb
Feb
We’ve written many times how the “death of the US dollar won’t necessarily happen in the form of a collapse as most people think. It will more likely be a series of steps that reduces the Dollars role as the global reserve currency. But there is still the chance that one of these steps could be quite sudden. Read on to see […]
22
Feb
Feb
We’ve been discussing the War on Cash a lot here recently. Many of the initiatives that are being slowly rolled out across the globe, such as removing higher denomination notes, have been hinted at by global elites over the past couple of years. The central planner/global elitist gathering in Davos, Switzerland has been one such place where […]
15
Dec
Dec
Another week, another step close to the end of cash down under? Overnight it was announced that the Australian government was to launch a special taskforce to police the cash economy which is supposedly worth an estimated AU$21 billion a year. “[Minister for Revenue and Financial Services Kelly] O’Dwyer told the ABC not only is […]