Posts Tagged ‘Dollar’
Video Ron Paul explaining the G20, summit simply
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Dollar goes down – Gold goes up – Chart
Dollar’s Slump Erases Months Of Solid GainsWashington Post The dollar yesterday staged one of its biggest one-day drops against the euro and fell to a 13-year low against the Japanese yen as near-zero interest rates and the Federal Reserve‘s plan to print vast sums of cash dilute the value of the greenback |
Live Gold Phase chartThis chart works only on weekdays
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The Fed Says Buy GoldDecember 17, 2008 by David Nichols On Tuesday we received direct confirmation from the Fed that the U.S. dollar will continue to be sacrificed to resuscitate ailing credit and asset markets. “Helicopter Ben” is finally living up to his advance billing, as dollars are set to rain down on the economy. Source |
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http://www.safehaven.com/article-12112.htm
Millions of Monkees
I came across the following story on Guerrilla News Network posted on bacchuss blog. Being a lover of monkeys, and always on the lookout for a good analogy, I thought it would be worth sharing:
Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each.
The villagers, seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort.
He next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms.
The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!
Video 22 Sept: Press TV Iranian English News: Bailout is financial controlled demolition like 9/11
This is a financial controlled demolition ! like 9/11
Fed releases UNLIMITED amount of dollars and the gold price falls: Graph
The people in control believe in Fiat money.
Somehow they are keeping the Gold price down yet they are printing infinite amounts of paper money.
Something Fishy.
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Yet a Gold 1 ounce coin on Ebay is getting a bid of over 1100 dollars, and the bidding isn’t over. ???
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EU Nations Commit 1.3 Trillion Euros to Bank Bailouts (Update3)
By Gregory Viscusi
Oct. 13 (Bloomberg) — France, Germany, Spain, the Netherlands and Austria committed 1.3 trillion euros ($1.8 trillion) to guarantee bank loans and take stakes in lenders, racing to prevent the collapse of the financial system.
The announcements came as Britain took majority stakes today in Royal Bank of Scotland Plc and HBOS Plc. The coordinated steps followed a pledge yesterday by European leaders to bolster market confidence as the global economy slides toward recession. MORE
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Fed Releases Flood of Dollars, Market Rates Fall (Update3)
By John Fraher and Simon Kennedy
Oct. 13 (Bloomberg) — The Federal Reserve led an unprecedented push by central banks to flood the financial system with as many dollars as banks want, backing up government efforts to revive confidence and helping to reduce money-market rates.
The European Central Bank, the Bank of England and the Swiss National Bank will offer European banks unlimited dollar funds with maturities of seven, 28 and 84 days at fixed interest rates against “appropriate collateral,” the Washington-based Fed said today. The Fed had capped at $380 billion the currency it would swap with the three central banks.
Video: Glenn Beck Warns Of NWO World Currency
Glenn Beck Warns Of NWO World Currency
Picture: Dees illustration; the Fed, the dollar…
German Finance Minister: HOLDERS OF HIGHEST US OFFICES ARE SPECIFICALLY RESPONSIBLE FOR THIS CRISIS
EDITOR AMBUSHES STEINBRUCK AT G-7 PRESS CONFERENCE
Saturday 11 October 2008 00:03
STEINBRUCK, TAKEN ABACK, ACKNOWLEDGES THAT THE WHITE HOUSE IS RESPONSIBLE
PUBLIC ACKNOWLEDGEMENT OF MAJOR CORRUPTION EXTRACTED FROM G-7 MINISTER
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“GERMAN FINANCE MINISTER STEINBRUCK INADVERTENTLY LETS THE CAT OUT OF THE BAG”
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“The United States is bankrupt and is essentially in the hands of its creditors”
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the financial crisis is not attributable to the widely ballyhooed Subprime Mortgages, but…
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“HOLDERS OF HIGHEST U.S. OFFICES ARE SPECIFICALLY RESPONSIBLE FOR THIS CRISIS”
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“Hence…the holders of the highest offices in the Bush 43 Administration were and are specifically and EXCLUSIVELY responsible for the catastrophe that has come about”
http://www.worldreports.org/news/177_german_finance_minister_confirms_settlement_cash
Picture: zero dollar bill. (Nothing else)
2 Videos: US Economy Collapsing and Why Wont The Bail Out Work?
Ron Paul and Andrew Jackson feature in this well made documentary (10 minutes) showing that money by definition is debt.
And quoting the Federal Reserve saying the same thing.
US Economy Collapsing
