Although many of us think of central banking and use of intricate machinations such as quantitative easing to attempt to direct the global economy as modern phenomena, in fact central banks have a long and colorful pedigree, even within the United State ...
Just after the president met with Lloyd and Jamie (the CEOs of Goldman Sachs and JP Morgan, respectively) on April 11, the stock market tanked alongside commodities, the volatility of Japanese government bond prices went through the roof, and paper gold ...
Former U.S. President Abraham Lincoln, long revered for his purported role in ending American slavery, is enjoying a resurgence as a popular culture icon as never before: in addition to several recent works examining his life and death, the 2012 Steven ...
Ever since President Richard Nixon unceremoniously withdrew the U.S. from the Bretton Woods international monetary agreement in 1971, effectively ending the Gold Exchange Standard, many experts, economists and conspiracy theorists have speculated on the ...
If you don’t know the difference between stated income and verified income, congratulations! You are qualified to run one of the largest sub-prime mortgage companies in the world.
Angelo Mozilo, former CEO of Countrywide Financial admitted exactl ...
America.
When the word is spoken, the United States of America comes to mind. Yet America titles an entire hemisphere, divided into both north and south, which is promptly forgotten by the legacy media. Not only are the lesser-debt-riddled western c ...
As WealthCycles readers know, history is a brilliant teacher. As Mike Maloney wrote in his book Guide to Investing In Gold & Silver, “As you will see, debasing the currency to pay for public works, social programs, and war is a pattern that repe ...
Digital Currency Exchange, Bitcoin-Central, has been authorized by the French government to conduct bank style operations. In an announcement last month on bitcointalk.org, Paymium, the organization behind Bitcoin-Central said this:
We’re anno ...
In the U.S. housing crisis, investors lost billions by buying into securities backed by subprime mortgages that turned sour after the borrowers were unable to pay. In China’s version of the real estate bubble, it’s a plain-vanilla financial product know ...
We’ve been writing since early 2011 about central banks the world over shifting from being long-time net sellers of gold to becoming net buyers. In one recent post we informed readers that Ecuador had joined a growing number of nations who initia ...