Tagged: money

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“How do you launder such huge amounts of money?” Look at art auctions, they can’t even confirm Leonardo Da Vinci actually painted this yet it still sold for $450mil…

Christie’s sells long-lost Salvator Mundi, artwork billed as ‘biggest discovery of the 21st century’, for $400m plus auction house premium Salvator Mundi, the long-lost Leonardo da Vinci painting of Jesus Christ commissioned by King Louis XII...

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Deutsche Bank: The fiat money world may be coming to an end

From Ryan McMaken at Mises Institute: Deutsche Bank Strategist Jim Reid suspects that global demographics and other realities may be soon putting the current fiat-money regime to the test. According to Business Insider:  Reid’s basic contention is...

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Mideast Turmoil: Follow the Oil, Follow the Money

by Charles Hugh-Smith In this scenario, time is running out for Saudi Arabia’s free-spending royalty and state– and for all the other free-spending oil exporters. While there are numerous dynamics at work in the...