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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Will the US Dollar collapse on April 19?

Will the US Dollar collapse on April 19?

If you follow this blog, or even if you don’t, but you are reading it now… chances are you already know about the emergency IMF meetings at the White House last week, the launching of the new gold-backed Yuan at the Shanghai Gold Exchange next week,  and the Deutsche Bank admitting it manipulated gold and silver prices earlier this week. These may all seem unrelated, but according to macroeconomic researcher Rob Kirby, they are all…

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Deutsche Bank admits to Silver and Gold Price Rigging

Deutsche Bank admits to Silver and Gold Price Rigging

Wow!  Things are about to get heated up in the precious metal world, folks! I was just posting yesterday about how China has been hoarding gold for years in anticipation of the Yuan being backed by the precious metal.  Yesterday China announced that they would not allow the fiat US currency to be traded for their new gold-backed Yuan.  (See the article here:  http://victuruslibertas.com/2016/04/china-gold-backed-yuan/)  We knew that would bring the US Dollar to it’s knees and…

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Serious Silver Shortage

Serious Silver Shortage

According to the DollarVigilante, physical silver is becoming scarce worldwide for purchase.  I have been following Jeff Berwick, of the Dollar Vigilante, for a while now, and I find that he is very accurate on his financial predictions.  He has spent much of his life traveling abroad, to over 100 countries, collecting information to help him understand global finances.  I trust his advice.  Here’s his advice as of September 9, 2015: “At some point in the…

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