Economics

BOOM! Austria Repatriates 110 Tonnes of Gold From Bank of England!…(Getting Ready!!)

Friday, May 22, 2015
By Paul Martin

SilverDoctors.com May 22, 2015 The holiday weekend is starting out badly for our bankster friends, who were just informed by the Austrians that the Oesterreichische Nationalbank intends on repatriating 110 tonnes of Austria’s gold reserves currently hypothecated by on deposit at the Bank of England. The Rest…HERE Share on Facebook »

US Department Of Commerce Officially Jumps The Shark, Will “Double Seasonally Adjust” GDP Data

Friday, May 22, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 05/22/2015 As Steve Liemsan hinted a few days ago, in what we thought was a very belated April fools joke, th eBEA has finally thrown in the towel on weak seasonally-adjusted US GDP data, and as a result has decided to officially proceed with a second seasonal adjustment: one which... »

Billionaire Eric Sprott Just Issued One Of The Most Ominous Warnings Of 2015…”There are so many institutions and governments where the obligations just keep going up and there is no way of paying for them. They will fail.”

Friday, May 22, 2015
By Paul Martin

KingWorldNews.com May 22, 2015 Today billionaire Eric Sprott spoke with King World News and issued one of the most ominous warnings of 2015. Eric King: “Eric, the West is literally drowning in debt and yet you have bond markets trading in the West at ridiculous levels. It’s one of the greatest bubbles in history.... »

Katherine Albrecht — The Collapse Is Coming, Will You Be Ready

Friday, May 22, 2015
By Paul Martin

by AMY S PrepperFortress.com MAY 21, 2015 Will You Be Ready When It Hits The Fan? This is a rebroadcast of my appearance on Dr. Katherine Albrecht’s show. We talk about the steps you can take to be prepared for everything from a hurricane to the end of the world as we know it.... »

Electronic Money and the Rise of Antichrist

Friday, May 22, 2015
By Paul Martin

by John Little OmegaShock.com May 22, 2015 The shackles of an electronic slavery have finally appeared. Our masters tell us that we will not notice them, and most of us probably won’t – until the day comes, when our most cherished freedoms have disappeared. This marks yet another step towards the awful coming of... »

New Silk Road vs TPP: East and West Enter ‘War’ For Dominance in Eurasia

Friday, May 22, 2015
By Paul Martin

SputnikNews.com 22.05.2015 As China’s New Silk Road project is seemingly aimed at a “revolutionary change” in the global economic map, it may lead to a serious confrontation between the East and the West over Eurasian dominance, says US analyst Robert Berke. Washington’s new Trans-Pacific Partnership (TPP) initiative that leaves out both China and Russia,... »

Austria Confirms Faith In Fiat Fading: Repatriates 110 Tons Of Gold From BOE

Friday, May 22, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 05/22/2015 Six months ago we warned that Austria was considering it, and now, as Kronen-Zeitung reports, with no rigged Swiss-like referendum required, Austrian Central Bank Governor Edwald Nowotny has committed to repatriating 110 tonnes of gold. This is part of Nowotny’s new “gold strategy” and with his position (on paper)... »

Why the $5.7 Billion Dollar Fine on Big Banks for Manipulating Global Currency and Interest Rates Is a Joke

Friday, May 22, 2015
By Paul Martin

By Carey Wedler Global Research May 22, 2015 On Wednesday, the Justice Department announced that 5 major banks will be fined a total of about $5.7 billion. The banks plead guilty to manipulating global currency and interest rates as far back as 2007. Citigroup, JPMorgan Chase, Barclays the Royal Bank of Scotland, and Swiss... »

Wall Street R.I.P. – The Bubble Is Dying At The Zero Bound

Friday, May 22, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 05/22/2015 If any evidence was needed that the market is dying at the zero bound, it came in this week’s violent 15-minute rip when the algos read the Fed’s release to mean there will be no rate hike in June. It put you in mind of monetary rigor mortis –... »

It Is Mathematically Impossible To Pay Off All Of Our Debt

Friday, May 22, 2015
By Paul Martin

By Michael Snyder TheEconomicCollapseBlog.com May 21st, 2015 Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse with... »

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