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China Blames Wall Street Meltdown On Fed Overissuance Of Currency
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Ron Paul warns of fall of dollar
China Blames Wall Street Meltdown On Fed Overissuance Of Currency
Saving financial institutions at cost of taxpayer part of wider agenda to increase control over global economy, says Communist state media
Paul Joseph Watson & Yihan Dai
Prison Planet
Friday, September 19, 2008
China’s state media today reports on ( Read more... ) -
Gold skyrockets
Seems the bet is due partly to the belief the new Treasury debt offering will be ignored. Generally, the the market is telling us that the Fed's bailout plan will kick inflation into high gear.
( Read more... ) -
Paulson: Congress Has No Authority Here; Bailouts Will Push US into Depression
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Reasons to be cautious on wave of dollar optimism
Friday, September 12, ( Read more... ) -
Washington Is Quietly Repudiating Its Debts
By GERALD P. O'DRISCOLL JR.
August 22, 2008; Page A15
Will the U.S. Treasury repudiate its obligations to its creditors, be they citizens or investors around the world? Most observers would answer "no" without hesitation. But Congress, with the complicity of the White House and the Fed, has arguably embarked on a stealth repudiation.
In his famous ( Read more... ) -
Organized Crime Dumping US Dollar For Euro
Criminals dumping weak US dollar for euro
1 day ago
OTTAWA (AFP) - The weakened US dollar has fallen out of favor with organized crime groups to pay for drug shipments or to settle scores, a Canadian government report said Friday.
And if the greenback continues its slide in 2008, as expected, more and more criminals are likely to exchange euros for ( Read more... ) -
The Goldsmiths
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California nightmare for the global economy?
Monday, 18 August 2008
Part I
By R.D. Bradshaw
In March 2008, gold hit a high of around $1030 per ounce. By mid-August, it ( Read more... ) -
Sovereign funds cut exposure to weak dollar
By Henny Sender in New York
Published: July 16 2008 22:35 | Last updated: July 16 2008 23:24
Some of the world’s largest sovereign wealth funds are seeking to scale back their exposure to the US dollar in a sign of global concern about the currency.
One big sovereign fund in the Gulf has cut its dollar-denominated holdings from more than 80 per cent a ( Read more... )
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