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Iran, Russia integrate banking systems
Iran, Russia integrate banking systems 52 Iranian and 106 Russian banks integrated their interbank communication and transfer systems for trade and financial operations (Photo Credit : Atta Kenare/AFP) A top Iranian official announced on 30 January that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations […]
Gold And The Shrinking Trust Horizon
Gold And The Shrinking Trust Horizon Last week I posted an article on the implosion of the official vaccine narrative. That’s a controversial topic so not surprisingly it generated some heat on both sides. And a few readers expressed the wish that I’d stay in my lane (precious metals investing) and avoid venturing into unrelated and less […]
Here’s How “Prosperity” Ends: Global Bubbles Are Popping
Here’s How “Prosperity” Ends: Global Bubbles Are Popping So here we are: the global credit-asset bubbles are popping, and the illusory “prosperity” generated by the bubbles is about to tumble off a cliff. There are two kinds of prosperity, one fake, one real. Bogus “prosperity” depends on credit-asset bubbles inflating, magically creating “wealth” not from labor, […]
As West, Debt & Stocks Implode, East Gold & Oil Will Explode
AS WEST, DEBT & STOCKS IMPLODE, EAST GOLD & OIL WILL EXPLODE “The risk of over-tightening by the European Central Bank is nothing less than catastrophic” says Prof Kenneth Rogoff . At Davos he also said: “Italy is extremely vulnerable. But this could pop anywhere. Global debt has gone up massively since the pandemic: public debt, […]
The Race to the Bottom Accelerates
The Race to the Bottom Accelerates When competence, transparency and accountability are all punished, the Race to the Bottom accelerates. Race to the Bottom describes the process of competitive devaluation, where value is gutted to remain competitive with those who are grabbing market share by stripping out quality, value, durability, transparency, accountability and competence. We see the global Race to […]
Are You the Collateral Damage of Central Planners?
Are You the Collateral Damage of Central Planners? The Conference Board – a nonprofit think tank that delivers cutting edge research – recently published its latest Leading Economic Index (LEI) for the United States. The findings were a giant bummer. In December, the LEI dropped for the tenth consecutive month. The LEI, if you’re unfamiliar with it, […]
Sunshine Might Be Free But Solar Power is Not Cheap
Sunshine Might Be Free But Solar Power is Not Cheap Mississippi residents are consistently told that renewable energy sources, like solar panels, are now the lowest-cost ways to generate electricity, but these claims are based on creative accounting gimmicks that only examine a small portion of the expenses incurred to integrate solar onto the grid […]
The Most Egregious Mistake
The Most Egregious Mistake The U.S. government is hostage to its financial hegemony in a way that is rarely fully understood… It is the miscalculation of this era – one that may begin the collapse of dollar primacy, and therefore, global compliance with U.S. political demands, too. But its most grievous content is that it corners the U.S. into […]
Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports
Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports The harshest winter since 2008 is contributing to shortages of staple vegetables across Central Asia and sending prices north in a region still suffering from COVID-induced food inflation. In Uzbekistan, record frosts have highlighted the shortcomings of the national energy system as even residents of the capital […]
A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status
A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t […]
Renewable Power Projects Slow In US Over High Costs And Community Opposition
Renewable Power Projects Slow In US Over High Costs And Community Opposition The installation of wind and solar power projects is slowing down in the United States, with some projects being canceled over persistent cost issues and community animosity. Solar panels are seen next to a Southern California Edison electricity station in Carson, Calif., on […]
Germany Still Years Away From Replacing Russian NatGas, Official Admits To “Unspoken Strategy To Pay Crazy Prices”
Germany Still Years Away From Replacing Russian NatGas, Official Admits To “Unspoken Strategy To Pay Crazy Prices” Some European politicians and economists are breathing a sigh of relief after mild temperatures, increasing liquefied natural gas shipments, and above-average natural gas stockpiles have so far averted a worsening energy crisis this winter. Other politicians believe the energy […]
EVs–They’re Not Maintenance-Free, and They Don’t Save You Money
EVs–They’re Not Maintenance-Free, and They Don’t Save You Money
Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced
Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced In the Middle Ages, the Catholic Church convinced the commoners to buy indulgences to alleviate their sins. And they made a fortune in the process. Similarly, today, our overlords—the mainstream media, central bankers, and their political allies—are working overtime to convince the […]
What’s Behind California’s Skyrocketing Natural Gas Bills: Insiders
What’s Behind California’s Skyrocketing Natural Gas Bills: Insiders Natural gas is transferred into the SoCalGas system after being collected and purified at a Calgren collection facility in Pixley, Calif., on Oct. 2, 2019. (Mike Blake/Reuters) Californians are expecting skyrocketing natural gas bills this month, but this can’t all be blamed on the weather, according to […]
