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Author Archives: admin
President George Washington received a bill that would create a national bank if he didn’t veto within 10 days. National-government power to print money not backed 100% by reserves of gold or silver had been voted down by Washington’s Constitutional … Continue reading
Bank Admits Fiat Currencies Are Failing and Cryptocurrencies May Replace Them As the transition towards a blockchain based economy continues, the established financial powers are desperately trying to stay relevant. In an attempt to boost their credibility, analysts at Deutsche … Continue reading
If the United States’ central bank, the Federal Reserve, stops printing money, the stock market will crash. However, the continual printing of money could cause a crash of its own. Either way, we are in a lose-lose situation when it … Continue reading
The first 502 gold and silver coins plucked from a shipwreck off North Carolina have been sold to a global coin dealer at a price that “wildly exceeded” the recovery project’s expectations. No one involved in the deal is saying … Continue reading
December 23, 1997 ~ The fascinating articles which have appeared in the last few months in the financial newspapers, dealing with the crises in Southeast Asia, Korea and Japan, provoke a suspicion that the debacle we are witnessing is nothing … Continue reading
Millions of Americans are just one paycheck away from ‘financial disaster’ Many consumers would turn to dangerous fallback options in order to make ends meet. After missing a paycheck, something as simple as grocery shopping can look bleak for many … Continue reading
The central struggle since the inception of the Republic has been about the control of money. Since the U.S. Constitution clearly defines coinage, the objective of the mercantile elite was to circumvent the law and establish a National Bank. Woe … Continue reading
Many are claiming that this time will be different than the last. This should concern just about everyone For as often as the phrase “history repeats itself” is used, it’s shocking how rare it is for mankind to actually learn … Continue reading