How Our Monetary System Works and Fails
October 14, 2014 This micro-documentary is brought to you by our friend Claudio Grass at Global Gold Inc. A very informative 10 minutes explaining what money, fiat currency, and fractional reserve banking are. Share with those who you think could use this valuable information! For more information on precious metal ownership: Claudio Grass, Managing Director Global Gold Inc. Herrengasse […]
Spain Raids Social Security Fund. Is Portugal Next?
August 29,2014 By: Gordon Haave, Managing Director at Agora Trust, Ltd. In my article last week, “Cypriot-Style Bail-in: Be Ready”, I discussed last year’s confiscation of a portion of depositors’ accounts in Cyprus. It hasn’t gotten that bad yet in Spain, but Using Google Translate on the Spanish website El Economista we learn that: “The […]
The American Stigma
August 25, 2014 By: Kelly Diamond, Publisher These are some sad times… some sad and divided times. People are turning on one another over everything from race and religion to socio-economic status. Governments are waging wars against not just foreign governments, but their own citizens resulting in standoffs in suburban streets! And businesses are turning […]
Cypriot-Style Bail-In: Be Ready!
August 22, 2014 By: Gordon Haave, Managing Director of Agora Trust LLC Cyprus recently completed a bank bail-in for its troubled financial system. The terms are as follows: The German government is contributing 13 billion euros to help bail out Cyprus bankers and their Russian clients. What did Cyprus kick in? As part of the […]
What Are You Waiting For?
August 18, 2014 By: Kelly Diamond, Publisher The class warriors are growing in numbers and upping their decibels as the US economy continues to suffer. Regardless of what the media says, or the contrived reports from the White House indicate, individuals are feeling the burn of reality. Little short term charts shown out of context […]
Expropriation: The New Norm
July 14, 2014 By: Kelly Diamond, Publisher What sort of nasty business has the Troika been up to lately? Well, first a brief refresher on who the Troika is: The European Commission, The European Central Bank, and The International Monetary Fund. The stated purpose of the Troika is to manage the Eurozone’s financial affairs, including, […]
Playing Catch-up With Bitcoin
June 30, 2014 By: Kelly Diamond, Publisher A little topic I’ve not indulged for a while is Bitcoin (BTC). There have been some interesting developments surrounding this particular virtual currency. Mt. Gox was hacked back in February and filed for bankruptcy by month’s end. Prior to that, Mt. Gox Vice Chair, Charlie Shrem, was brought […]
Breaking News: FATCA Delayed by Two Years!
May 29, 2014 By: Diane Kennedy, CPA After this exciting headline, your first question might be, “What is FATCA and why do I care?” Let’s start there. FATCA (Foreign Account Tax Compliance Act) came about in 2010 as part of the HIRE Act. This added chapter 4 to Subtitle A of the Code. “Chapter 4” […]
Inflation Nation
April 21, 2014 By: Kelly Diamond, Publisher “Savers are being boiled alive in the liquid hubris of neo-Keynesian economists explicitly in the service of the State.” Tim Price Central banks are charged with a certain responsibility. A responsibility that has long since been obscured and phased out in lieu of politicking and posturing. Sadly, when […]
US Banking = Selling Marks
April 14, 2014 By: Kelly Diamond, Publisher This past Saturday, I got a personal taste of fractional reserve banking. I recently switched car insurance companies, so my former policy prorated the monthly premium, and paid me out the balance. They issued me a check in the amount of $86.50. I went to deposit it at […]
