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World Reserve Currencies: What Happened During Previous Periods of Transition?
 

World Reserve Currencies: What Happened During Previous Periods of Transition?

  The decline of the US dollar hegemony is ever so clear today and this article aims to provide the reader with what exactly happened during past periods of reserve currency transitions. Historically, when a reserve currency transitioned over to a new one, it marked a pivotal change for the world. The economic paradigm shifted […]

More Profitable than Exxon and Apple

At the beginning of this month, Janet Yellen became the first woman to lead the world’s most powerful financial institution, the Federal Reserve.  That means that she passed Oprah Winfrey as the most influential woman in the world.  That’s pretty significant, not just because it makes her, one could argue, the most powerful woman in […]

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Posted in Austrian Economics, Economic Crisis

Money Bubble – Why Hasn’t It Burst?

James Turk and John Rubino have just recently written an excellent new book entitled The Money Bubble. Where a variety of important economic questions are answered from a unique perspective. An exclusive interview with John Rubino is below for you to listen to. Enjoy!

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Posted in Austrian Economics, Economic Crisis, Gold and Silver, Housing Bubble

The Rise of 200 Alternative Crypto Currencies

Authored by Oliver Wasser from www.altcoinspeculation.com Many people look at the price of Bitcoin (currently around $850 a coin), and instantly shy away from getting involved in crypto currencies. What they don’t see and what is less publicized is the booming number of new Alternative Crypto coins (Altcoins), which are now appearing on a daily […]

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Posted in Bitcoins, Featured

Kevin O’Leary Celebrates Crony Capitalism

On a recent episode of the Canadian business show The Lang and O’Leary Exchange, Kevin O’Leary, a Successful Canadian businessman and star of the reality show Shark Tank, ignorantly described how people living in poverty is “fantastic news”. O’Leary praised the recently released statistic that the combined wealth of the world’s 85 richest people is […]

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Posted in Austrian Economics, Economic Crisis

Can Doctors Fix Poverty?

Many health care professionals in Toronto are calling on their provincial government to raise the minimum wage by $3.75/hour to $14.  They argue that poverty is not just a public health issue but “the biggest barrier to good health.”  The group Health Providers Against Poverty is behind the movement and it seems that doctors orders […]

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Posted in Austrian Economics, Featured

Gold Cartel Catch 22

This has to be one of the best, concise videos on gold price manipulation I’ve seen. The ultimate question remains, will central banks lose control over the manipulation or will they be able to maintain and continue their scheme despite the increasing demand for physical gold and silver? As mentioned in a previous post, silver […]

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Posted in Featured, Gold and Silver

Silver Now Below its Marginal Cost Of Production

Recently, there has been much attention on Bitcoins since its price has been in a parabolic rise, Remember that everyone was talking about silver when it had its parabolic rise in 2010. What happened to the price of silver shortly thereafter? It corrected from $48.48 to now under $20/oz, which translates into more than a […]

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Posted in Bitcoins, Gold and Silver

Can Bitcoins Rebuild The Financial System?

Today at least 98% of government issued currencies are scriptural money, also known as “digital money”. This digital money is kept in commercial banks accounts or networks, and flows as digits in the database on a bank’s computer servers. This is not dramatic in itself, because banking services like (paying bills online, transferring money, credit […]

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Posted in Bitcoins, US Dollar Collapse

Hidden Secrets of Money Part 5: When Money Is Corrupted

Mike Maloney and his team produced another great educational short video about money that is A DEFINITE must watch! This one is about when governments get desperate they lead to corrupting our money supply and printing too much “currency” which then leads to hyperinflation. Hyperinflation benefits the few while impoverishing the middle class a scenario […]

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Posted in Featured, Gold and Silver, US Dollar Collapse

FATCA Invades Canada

The Foreign Account Tax Compliance Act (FATCA) is a legislation that was passed in the US in 2010, However, starting in July 2014 all Canadian financial institutions will be required to report to the IRS all of the account balances of a “US Person”. What does US tax law consider a “US person“? A citizen […]

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Posted in Austrian Economics, Economic Crisis

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