Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing the parallels of the Roman Empire and The United States and how they both debased their money, thus showing why proper preparation is key. This discussion is focused around issues that surround
Join Greg Hunter as he goes One-on-One with economist John Williams.
Predictions of the U.S. Economy, U.S. Dollar and Hyperinflation 2014. John Williams of Shadowstats: “You’re going to have a dollar panic, but I can’t give you the exact timing on that.” Another potential problem is a credit downgrade of U.S. debt. Williams says, “If we get a downgrade here, that would accelerate the process of the dollar
Right now, China is the number one exporter on the globe and China will have the largest economy on the planet at some point in the coming years. The Chinese would like to see global currency usage reflect this shift in global economic power. The Chinese are now accelerating their long-term plan to dethrone the U.S. dollar.
At the moment, most global trade is conducted in U.S. dollars and more than 60 percent of all global foreign exchange reserves are held in U.S. dollars. This gives the United States an enormous built-in advantage, but thanks to decades of incredibly bad decisions this
Despite rallying from a 1-day low of $1310 per ounce lunchtime Friday in London, gold was still trading 1.4% down from last week while European stock markets also reversed earlier losses. Silver initially dipped 2.7% last week but the recovered to finish at $21.80 last Friday. “Asian demand for physical gold picked up briefly this week when prices fell below $1300 an ounce,” says Reuters. Today Wed October 9th, Silver
Top GOP aide tells CNBC’s John Harwood the government shutdown could last one week or more. John Hardwood spoke to top aide who gave him an update of his assessment on the situation. He was advised that if we had a shutdown it would likely be very short and we would go through in a separate fight over
