Is the US Following in the Footsteps of Venezuela?

Is the US Following in the Footsteps of Venezuela?

When socialist countries collapse- and they always do- it is always interesting to watch what they do near the end.  All one has to do is open his eyes, and he can see the danger signs. Jeff Berwick, of the Dollar Vigilante, recently traveled to Cracas, Venezuela, to get an accurate account of the shape the country is currently in. Jeff reports Venezuela is now in terrible hyperinflation.  They have actually begun flying in plane loads…

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China Refuses to make its new gold-backed Yuan convertible to or from US Dollars

China Refuses to make its new gold-backed Yuan convertible to or from US Dollars

In a shocking move, likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible to or from US Dollars. _________________________________________________ The new Yuan, which will be gold-backed, will be introduced next Tuesday, April 19, 2016.  China decided to make the Yuan a more reliable currency when the International Monetary Fund (IMF) agreed to add it to the list of world currencies used for Global Reserves and International Trade. China has…

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Feds and Bank of Japan Meet on Monetary Policy

Feds and Bank of Japan Meet on Monetary Policy

Bankers at both the U.S. Federal Reserve and the Bank of Japan (BoJ) met in the last 12 hours (on April 28) to decide where they would take monetary policy next. But, when they sat down to make decisions, they realized their options were limited. There was a lot they wanted to do but little they could do. Japan’s central bank pushed borrowing rates down into negative territory in January, joining its counterparts in the European Union,…

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Why Silver Will Continue to Skyrocket

Why Silver Will Continue to Skyrocket

Some Reasons for Silver to Skyrocket Here are some current reasons Silver is doing so well: News of a manipulative silver-fixing scheme headed by large multinational banks was revealed mid-April of this year. Consequently,  many are wondering what the long-term ramifications of the story will be.  Read more About Deutsche Bank.   To further this story, it should be known that a class action lawsuit seeking $1 billion in damages has just been filed on…

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Texas Governor calls for “Convention of the States” to Restore Constitution

Texas Governor calls for “Convention of the States” to Restore Constitution

Texas Governor, Greg Abbott, aiming to spark a national conversation about states’ rights, said Friday that he wants Texas to lead the call for a convention to amend the U.S. Constitution and wrest power from a federal government “run amok.” “If we are going to fight for, protect and hand on to the next generation, the freedom that [President] Reagan spoke of … then we have to take the lead to restore the rule of law in America,”…

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Is Something Deadly Being Planned for New Jersey?

Is Something Deadly Being Planned for New Jersey?

A tsunami buoy off the New Jersey coast went into “event mode” Saturday night, raising concerns after it recorded several very steep wave readings. Texas Tower No. 4 Station 44066 is the name of the tsunami buoy located about 75 nautical miles east of Long Branch, New Jersey;   The buoy recorded sudden changes in water depth of fifty-five METERS  (180 feet) in a matter of seconds. The water depth, at the time, was at its “typical”…

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