Another Step Towards Collapse of the Petrodollar
By Rory Hall Ken Schortgen, Jr., The Daily Economist, recently penned an article about Nigeria approving a currency swap agreement with China, stating, It has…
Currency
China Moves to Neuter King Dollar in International Trade
By Stefan Gleason Last Monday, the Shanghai International Energy Exchange launched the first futures contract for crude oil priced in Chinese yuan. It’s a major…
Alabama Law will Help Encourage the Use of Gold and Silver as Money
By Michael Maharrey Last week, Alabama Gov. Kay Ivey signed a bill into law exempting the sale of gold and silver bullion from state sales…
Trump’s Federal Reserve Pick Wants to Put Metal Chips in Cash to Track Every Dollar and Tax It
By Matt Agorist In the State’s relentless pursuit to scrutinize and control every citizen, including monitoring, tracking, and especially taxing their income, untraceable physical cash…
Reckless Deficit Spending by Congress Set to Wreck the Dollar
By Clint Siegner U.S. equities got a free ride on the Trump train after his election, even as Federal Reserve officials hiked interest rates. That…
US Dollar Plummeting Against Commodities and Other Currencies
By Jeff Paul The US Dollar is quickly weakening compared to commodities, cryptocurrencies and other national currencies. Is it a normal cycle? Or is it…
A Golden Anchor For The Dollar
By Rory Hall Dr Warren Coats, former Chief of the SDR with the title Assistant Director of the Monetary and Financial Systems Department at the IMF penned an…
What Is Money? (Yes, We’re Talking About Bitcoin)
By Charles Hugh Smith Good ideas don’t require force. That describes the Internet, mobile telephony and cryptocurrencies. What is money? We all assume we know,…
The Saudi Purge is a Global Crisis
By James Corbett The House of Saud is in crisis as MBS consolidates his hold on the kingdom and prepares to transform Saudi Arabia in…
Threats to Digital Wealth Point to Need for Tangible Backup
By Stefan Gleason Recent high-profile cyber security breaches at Equifax and other financial institutions highlight the perils of an all-digital economy. When wealth can be…
You Can Only Choose One: Cheap Oil or a Weak Dollar
By Charles Hugh Smith When the price of oil rises to the point of pain, just remember the handy-dandy discount mechanism: a much stronger US…
The Demise of the Dollar: Don’t Hold Your Breath
By Charles Hugh Smith The demise of the U.S. dollar has been a staple of the financial media for decades. The latest buzzword making the rounds…
Venezuela Just Stopped Accepting US Dollars for Oil As Countries Join Forces to Kill US Petrodollar
By Jay Syrmopoulos In what is the latest move to undermine the imperial world order maintained by the United States, which is underpinned through use…
Preparing to Barter and Trade With Precious Metals Is NOT a Loony Idea
By Clint Siegner Let’s start with this fact; fiat (paper) currencies die – often spectacularly. That is why precious metals may someday be needed for…