Featured Stories
Top 5 Inflation Hedges To Store Your Wealth
Posted on 11 October 2012.
Since 1971, thanks to President Richard Nixon’s decoupling of gold from the Dollar, money has been transformed into worthless “Monopoly” paper. All of today’s paper currency is not backed up by anything but confidence. As long as there is confidence in this paper to serve as a medium of exchange, it will serve as money. As […]
Posted in Gold and Silver, US Dollar Collapse
Self-Issued Credit
Posted on 29 September 2012.
During the Middle Ages, the gold supply entering into the market was very limited. For instance, as most of the gold mined was used for the Church or State. This caused money to grow at very slow pace and this restrained economic activity from going beyond its threshold. People had products or services for exchange, […]
Posted in US Dollar Collapse
QE To Infinity
Posted on 14 September 2012.
As I pointed out in late 2011 (see here) that the economy needed another round of QE in 2012 to sustain the current trend of mal-investments or risk collapsing. Well we got it. For the complete FED video press conference of September 13, 2012 please see video below. Highlights from Video: The FED pledges […]
Posted in Gold and Silver, US Dollar Collapse
George Soros, SDR, US Dollar and Gold: Time For A New Reserve Currency
Posted on 13 September 2012.
George Soros describes in the following video how we need a “New Financial World Order,” on the pretext that the current system is “broke” and creating huge trade imbalances. Although he is correct about that the massive trade imbalances being incurred worldwide, he nevertheless chooses to ignore the reasoning behind the trade imbalance in the […]
Posted in Gold and Silver, US Dollar Collapse
Top 15 Economic Documentaries
Posted on 09 September 2012.
1. Overdose: The Next Financial Crisis – Directed by Martin Borgs Based on the book “Financial Fiasco” by Johan Norberg this documentary depicts When the world’s financial bubble blew, the solution was to lower interest rates and pump trillions of dollars into the sick banking system. The solution is the problem, that’s why we had […]
Posted in US Dollar Collapse
Lets Ban Corporate Profits, Said the Donkey…Democrat.
Posted on 07 September 2012.
Peter Schiff found a number of DNC delegates and attendees who support explicitly outlawing profitability. A must see video. Can this be for real?? If that isn’t enough, I even found someone asking a similar question on yahoo answers, se here. Who believed that banning corporate profits was a good a idea. Under what pretence […]
Posted in US Dollar Collapse
Quebec’s Debt Problem Will Get Worse With the P.Q. Not Good For Real-Estate.
Posted on 06 September 2012.
Quebec’s provincial elections took place last night and Pauline Marois from the Parti-Quebecois (PQ) made history by being the first elected female premier to win. The PQ won 54 out of the 125 provincial seats. What does this mean for businesses and individuals in Quebec? Although The PQ won with a minority government, the economic […]
Posted in Housing Bubble
Canada Housing Bubble Price Statistics
Posted on 31 August 2012.
City Peak Month Peak Price Current Price Decline from Peak Vancouver Feb 2012 $1,235,244 (REBGV average via yattermatters.com)* $1,041,325 (July 2012) 15.7% – $194,000 Victoria June 2010 $649,280 (VREB average) $580,557 (July 2012) 7.0% – $45,100 § Edmonton May 2007 $424,572 (EREB average) $384,417 (July 2012) 9.5% – $40,200 Calgary June 2007 $464,500** (CREB benchmark) […]
Posted in Housing Bubble
QE1, QE2, LTRO and QE3? – The Affects to the EUR/USA
Posted on 26 August 2012.
An increase in the money supply through government intervention (i.e. quantitative easing) decreases the purchasing power of any local currency. However, When ECB pursues programmes like the “LTRO” (their version of money printing), this lowers their currency as well, although, investors in Europe send more money to the US as a result of its safe-haven […]
Posted in Economic Crisis, US Dollar Collapse
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