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News & Articles By News Editors
07/08/2022
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By News Editors
Zimbabwe central bank announces gold currency to combat inflation
The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold currency in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency. (Article republished from […]
06/29/2022
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By News Editors
“More money in your pocket” – Newsom to helicopter drop $17 billion in “inflation relief” stimmy checks
As the Federal Reserve attempts to crush aggregate demand through the most aggressive monetary tightening policies in decades to cool red-hot inflation, California Governor Gavin Newsom has come up with the brilliant idea to stoke even more demand through a new round of stimulus checks. “Millions of Californians will be receiving up to $1,050 as part […]
06/27/2022
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By News Editors
Concurrent deflation and hyperinflation will ravage the world
FLATION will be the keyword in coming years. The world will simultaneously experience inFLATION, deFLATION, stagFLATION and eventually hyperinFLATION. (Article by Egon von Greyerz republished from GoldSwitzerland.com) I have forecasted these FLATIONARY events, which will hit the world in several articles in the past. Here is a link to an article from 2016. With most asset classes falling rapidly, the world […]
06/22/2022
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By News Editors
Sri Lanka is collapsing: People are starving, no gas, no electricity and now the army starts shooting at them
Sri Lanka is quite literally collapsing. People are starving, without gas or electricity, etc. Now they are rioting and the military are gunning people down. Wouldn’t be surprised if that reality spreads to the US, UK and all western countries in the next few years. (Article republished from StrangeSounds.org) Troops fired in Visuvamadu, 365 kilometres (228 miles) […]
06/16/2022
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By News Editors
The crypto apocalypse is here
Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words. Last November, the total market capitalization for all cryptocurrencies crossed the three trillion dollar mark. This week, the total market capitalization for all cryptocurrencies actually dipped below one trillion dollars. In […]
06/16/2022
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By News Editors
Crypto: A necessary scam?
A Muddy Field of Deferred Dreams Last night, the U.S. national soccer team played El Salvador in San Salvador. The tweet below shows the late tying goal by the U.S. side, but it also shows the shockingly shabby state of field (or “pitch” as they call it in soccer), which had more mud than grass. […]
06/15/2022
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By News Editors
Nets ignore news that all stock market gains have been WIPED OUT under Biden
After another disastrous day on Wall Street which saw the Dow Jones Industrial Average plunged almost 900 points at the close among fears of a pending recession, all three evening news networks ignored the fact this meant all stock market gains made during the Biden administration have been wiped out. (Article by Kevin Tober republished from NewsBusters.org) […]
06/12/2022
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By News Editors
Desperate people do desperate things during desperate times – hyperinflation, shortages and war will have Americans reliving the 900 days of Leningrad
This morning the CPI (Consumer Price Index) report came out and was higher than expected (Inflation stayed red-hot in May as CPI spiked 8.6% — highest since 1981). (Article by Stan Szymanski republished from EncouragingAngels.org) It is kind of like telling someone who is buried on the beach up to their neck in sand that the […]
05/24/2022
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By News Editors
Miami’s mayor backed MiamiCoin crypto – then its price dropped 95%
On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a “historic moment” and predicted the cryptocurrency could one day even replace municipal taxes as the government’s primary source of funding. (Article by Scott Nover & Camille Squires republished from […]
05/17/2022
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By News Editors
Settling wreckage from the past
Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. (Article by MN Gordon republished from EconomicPrism.com) When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and […]
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