Mac Slavo
May 15th, 2013
SHTFplan.com
Financial privacy free of government intrusion and interference is dead.
In what seems to be the government’s latest attack on private transactions between individuals, the Department of Homeland Security has shut down funds transfers operated by mobile processing platform Dwolla, which is responsible for managing transfers for the BitCoin digital currency exchange.
Details are still sparse, but a spokesperson for U.S. Immigration and Customs Enforcement (ICE) confirms that an investigation is [...]
With currency wars at hand you would think this would be headline ! Not a peep out of the MSM ! This occured Saturday but just being reported today !
Monday, April 01, 2013 – Caracas—A Venezuelan government foreign currency auction for local importers has triggered a de facto currency devaluation, the second in less than 50 days, analysts said.
Venezuela has had strict currency exchange controls since 2003 in an attempt [...]
Mac Slavo
February 9th, 2013
SHTFplan.com
While Europe’s fiscal woes seem to be on everyone’s financial radar recently, andrightfully so, there is instability everywhere.
This is a global economic crisis and it’s affecting hundreds of millions of people all over the world.
Earlier this week Argentine President Cristina Kirchner responded to her country’s sky-rocketing inflation rates by freezing prices on food, a move Forbes magazine says will soon lead to widespread corruption in the business community and government.
In [...]
This is Strongman Shelford reporting from Argentina.
We have multiple inflation rates . Official rate is around 10%
Private consulting firms: above 25%
We have more than 4 exchange rates now
we are under severe capital controls and we are not allowed to buy foreign currency for savings . not gold either since May, 2012.
Watch the video.
If you want to learn about economic doom, ask an Argentinian we have already been in hell lots of [...]
Mac Slavo
November 5th, 2012
SHTFplan.com
Whether you’re just realizing the importance of preparing for unforeseen disasters, or you’re a seasoned prepper, you can never have too much information at your fingertips.
Do you know how to safely store food for the long-term, or the self defense tools you may need to protect that food if the rule of law break downs? If the global floating currency exchange mechanism breaks down, what will your ‘money’ be? [...]
Brazil And China Sign Currency Pact
Brazil and China signed a $30 billion currency exchange pact on Friday, a deal that will commit their Central Banks to set aside money to help one another in case global credit dries up.
The pledge is part of a larger move with other BRIC partner nations, India and Russia, and even South Africa was included in the mix during the G20 summit meetings in Mexico. [...]
Hundreds of police in anti-riot gear stormed the capital’s currency exchange district of Ferdowsi, arresting illegal money changers and ordering licenced bureaux and other shops closed, witnesses told AFP.
Several arrests were seen, carried out by uniformed police or plain-clothes security officers.
Smoke was seen in two places in the area.
Some appeared to come from a dumpster set on fire near the British embassy — evacuated last year after pro-government demonstrators stormed [...]
Live Streaming
http://www.eltrecetv.com.ar/vivo
The people is tired of 25% inflation, demagogy, populism, corruption, crime and lies by the corrupt government
MASSIVE protest taking place now in all major cities “2001 cacerolazo style” .
***************************************************
must read article by a US guy about argentinian crisis. excellent for Foreign REAL STATE TARDS.
Crisis Replay… Soon Argentina Will Be on Sale Again
By Ronan McMahon, editor, Real Estate Trend Alert
Thursday, September 6, 2012
Just over a decade ago, Argentina spectacularly unraveled [...]
Despite high-profile measures such as the Greek debt deal and mass pumping of liquidity into the banking system, Europe’s problems have merely been delayed for another day, Willem Buiter, chief economist at Citi , told CNBC.
“We have really just paused for breath,” he said. “It (the long-term refinancing operation) really hasn’t solved the problem, and for Europe the worst is still to come.”
He also predicted a further “large-scale ECB intervention” later this year or [...]
China buys part of Thames Water that is the supplier to London and the South East of England:
China Investment Corporation (CIC), the country’s sovereign wealth fund, has bought 8.68% of the company behind UK utility group Thames Water.
It is the fund’s first major share purchase in the UK, after Chancellor George Osborne visited China this week.
Thames Water is owned by Kemble Water, a consortium of investors led by [...]
Recently I said all the trouble with Iran was over oil…….. and it looks like I’ll have to wash my mouth out after reading this…!
So now almost none of Iran’s oil will be traded in Dollars.
India and Japan have also recently agreed a 15 billion dollar currency exchange. This will tie their two currencies closer together.
The list of countries and trades no longer using the dollar for settlement for their trade is [...]
Washington Post
January 2, 2011
TEHRAN, Iran — Iran’s currency hit a new record low to the U.S. dollar on Monday, two days after President Barack Obama signed into law a bill targeting Iran’s central bank as part of the West’s efforts to pressure Tehran over its nuclear program.
State radio said the Iranian currency’s exchange rate hovered around 16,800 riyals to the dollar, marking a roughly 10 percent slide compared to Thursday’s [...]
To all who still think that in the war of attrition between the USD and the EUR (because contrary to what some have “discovered” only recently, currency wars have been going on for a long, long time and will continue to do so, before morphing into trade and real wars), in which both currencies are doomed, and where the winner takes it all, if only for a few minutes, we [...]
1. Automate BIG BANK Middlemen out! Banking is built on an Ancient USURY Interest Scam but Leveraged with Fraud, Forgery, Skimming, Insider Trading, Automated Theft, Hiding Debt, Faking Income, Debt Dumping on Government, Socialist Government Welfare, Misrepresentation of Products and many more.
2. CHINA SCAM of AMERICA the BANKSTERS are also USING: Place Tariffs on all CHINA IMPORTS and a 35% TAX on their [...]
1. Automate BIG BANK Middlemen out! Banking is built on an Ancient USURY Interest Scam but Leveraged with Fraud, Forgery, Skimming, Insider Trading, Automated Theft, Hiding Debt, Faking Income, Debt Dumping on Government, Socialist Government Welfare, Misrepresentation of Products and many more.
2. CHINA SCAM of AMERICA the BANKSTERS are also USING: Place Tariffs on all CHINA IMPORTS and a 35% TAX on their Currency Exchange UNLESS and UNTIL they let [...]
MINSK, Belarus (AP) — Russia cut off electricity supplies to struggling Belarus over unpaid bills on Wednesday, raising the heat on its economically struggling neighbor.
Imports of Russian electricity account for only about 10 percent of Belarus’ needs, but Wednesday’s cutoff will ratchet up pressure on Belarus, which is already suffering its worst financial crisis since the 1991 Soviet collapse. It has recently devalued [...]
Bitcoin value crashes after exchange compromised
The value of peer-to-peer virtual currency Bitcoin has plummeted after an account at MT. Gox, an exchange for the digital money, was compromised and a large amount of coins sold off.
The value of Bitcoin fell from $17.5 to pennies within minutes on MT. Gox, which quickly suspended trading and issued a statement.
The company says a single account with a lot of coins [...]
China remained the largest holder of US treasury despite efforts to diversify its investment of forex reserves.
China’s newly-added foreign exchange reserves since 2003 have lost about $271.1 billion by the end of 2010 as a result of the depreciation of the US dollar, said a senior analyst with the National Development and Reform Commission (NDRC) .
And the country is likely to lose $578.6 billion if the US currency’s [...]
Written by Tom Cleveland, foreign exchange market analyst: While the major foreign exchange event of the past decade would surely be the highly successful introduction of the euro, many may have overlooked the results of the more northern “crown” currencies, those belonging to Scandinavian countries and the Republic of Iceland. Each has tracked well with the success of the euro, but disruption and divergence [...]
by Philip Taylor
ACTUAL TAX RATES PAID BY MASSIVE Corporations to IRS:
2.4% Tax rate by Goog1e
1.0% Go1dman
0.0% JPM Ch-ase on $12 Billion (REFUND $1.4BillioÂn)
0.0% Ex-xon
0.0% BofA
0.0% Â We11s Fa-rge
0.0% Â AT&T
0.0% Â GE_
0.0% Â Phi11ip Mo-rris
0.0% Â Bristo1 Me-yers
0.0% Â Pf-izer
- Source
14,000 laws passed to open loopholes in the TAX code for the RICH and CorporatioÂns over the last 30 years has destroyed our DEBT, DEFICIT, Middle Class, Trade Balance, and OUR ECONOMY.
Simplest Common Sense Solutions to [...]
King World News has received word from James Turk that silver is in extreme backwardation. Turk stated, “There is a huge story that is brewing. Silver is in backwardation to 2015, which is 13-cents cheaper than spot. This is unbelievable. Money does not go into backwardation except ‘in extremis’!â€
Turk continues:
“If this situation continues, and there is no reason to suspect that it is about to end [...]
how did it get here? globalization, job out sourcing.
how to get US economy going again? the only hope is to protect its industries, invest in infrastructures, get jobs back and get people to work.
big corporations, are they good or bad? they are good if they keep jobs here; they are bad if they only have a head quarters here and outsource all jobs.
future outlook? very bleak, middle class is collapsing.
stock [...]
March 2, 2010
Silver spot: $16.66
Gold spot: $1123.60
Ratio: 67:1
Source: http://www.kitco.com/charts/livesilver.html
Based on the historic ratio, gold should trade at $266.56 with a trading band of $249.90-$333.20.
The big players now openly admit there’s a gold bubble ( http://www.bloomberg.com/apps/news?pid=20601109&sid=avsz5zUl.3yo&@#$%&!=11 ). Some are probably at the point of currency-asset exchange (your currency for their bubble asset).
Obviously some players werre holding from the last bubble in the 1980′s recession. Don’t be the sucker that buys at [...]
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