Banking

Many will cheer as the world makes a rapid transition to a cashless society, but I will not. I believe that a truly cashless system would open the door for great evil, and I don’t want any part of it. What about you?

Global wealth will be totally decimated in the next 4-8 years. It doesn’t matter if you are very rich or “just own a house” with some equity left. Most of it will come down in value by 75-95% in the next few years as the debt and asset bubbles implode.

the US Government is on a trajectory to default on their obligations, and the same can realistically be said for the UK and Japan. The answer put forward by the US, UK and Japanese governments? Quantitative Easing and 0% interest rates. Have they learned nothing from the past decade?! Words: 2355

I am on assignment at the World Economic Forum in Davos, Switzerland. Unfortunately my previous commentaries irked the organizers so profoundly that I was not allowed the intimate access usually accorded friendly members of the media. No matter, I am staying at a pleasant bed and breakfast about an hour and half outside of Davos....[But I digress. Back to the Forum.] Words: 2369

Canamex Gold's new GOLDUSA Security Tokens Will Disrupt & Revolutionize the Future Of Global Capital Markets

For the first time since the U.S. abandoned the gold standard, physical gold is being reintroduced to the global monetary system in a major way. This massive shift away from the petrodollar could be bad news for the U.S. - but it could be great news for gold owners. Here's why.

Welcome to Wise Bread's rankings of the top banking blogs.

BIG INFLATION is THE BIG MONEY trend today and smart investors will use it to generate literal fortunes - and if you're not already taking steps to prepare for this, it's time to get a move on.

When prices are set by companies that can profit by manipulating or rigging them, we’re screwed. This “harvesting” of our money in ever-more-creative and hard-to-detect ways is not just stealing by reaching a hand into our pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever is in our pocket worth less. This is corruption at the molecular level of the economy - space age stealing - and it’s only just coming into view.

Everyone must be wondering where this "unprecedented global financial crisis", (the World Bank's words), is heading. What follows, for what they are worth, are my cogitations on this crisis. Words: 1641