Wednesday, November 23, 2011

Worldwide race to debase all paper currency 2.0

In our first installment of the wolrdwide race to debase all paper currency, Goldsilver.com gave us a snapshot of how the world's fiat paper was faring versus "real" money (ie. gold/silver).

Goldsilver.com gives an update of how 75 fiat paper currencies have fared versus gold and silver today. Gold is up 17.2% with the biggest losers being the Kenyan Schilling, South African Rand, and Turkish Lira.

Check out how your fiat did at GoldSilver.com.

Tuesday, November 22, 2011

One world currency - a bankers wet dream

A lot of speculation recently has centered around the idea of one world currency. While it may be a bankers wet dream, Mike Maloney from GoldSilver.com explains in the brief video below why the idea isn't worth two minutes of your time. It'll take Mike less time to explain it!


GoldSilver.com

Wednesday, November 9, 2011

Your government created too big to fail

In the video below Stephan Molyneux describes how the state created the too big to fail (TBTF) banks whose insolvency now threatens to collapse the worldwide economic ponzi.
By limiting liability (something the banks were originally against) and using the tax system to funnel money into banks (investing by borrowing - tax deduction, using your savings - sorry), the high volatility seeking, 40 to 1 leveraged banks were created by your government.

If you haven't prepared for the worldwide ponzi collapse, better get prepared.