What happens when a central bank goes bust?

“Four men control roughly 75% of the entire world money supply:  Zhou Xiaochuan, People’s Bank of China; Mario Draghi, European Central Bank; Haruhiko Kuroda, Bank of Japan; Ben Bernanke, US Federal Reserve.  Four guys. And they control the livelihoods of billions of people around the world.  So, how are they doing?  Each of these major central banks in ‘rich’ Western countries is essentially at, or below, the level of capital that Lehman Brothers had when they went under.”

http://www.sovereignman.com/finance/heres-what-happens-when-a-central-bank-goes-bust-12440/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Directed History and the Promise of Cannabis in the 21st Century

the-daily-bell-top-logo61

“The evolution of decriminalization is not merely an elite-driven sociopolitical movement; it is surely a purposeful effort to reset how the world responds to drugs.  But such a reset will tie to globalist ambitions to address drug issues on an international basis.  In this way, the cessation of the drug war would benefit proponents of internationalism.  Entrepreneurs can draw numerous conclusions from this emerging social theme.  Not only will other opportunities become apparent, but they will likely be long-lived.  At the same time, there will be increased multi-national regulation, legislation and interference. Businesspeople will be able to take advantage of the trend if they understand why it is occurring.”

http://www.thedailybell.com/public/files/Institutional-Reports/cannabis-whitepaper-June2014.pdf

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

The Single Most Important Strategy Most Investors Ignore

“‘If I scare you this morning, and as a result you take action, then I will have accomplished my goal.’ That’s what I told the audience at the Sprott Natural Resource Symposium.  But the reality is that I didn’t need to try to scare anyone. The evidence is overwhelming and has already alarmed most investors; our greatest risk is not a bad investment but our political exposure.  And yet most of these same investors do not see any need to stash bullion outside their home countries. They view international diversification as an extreme move. Many don’t even care if capital controls are instituted.  I’m convinced that this is the most common—and important—strategic investment error made today.”

http://www.caseyresearch.com/cdd/the-single-most-important-strategy-most-investors-ignore

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

BRICS establish $100bn bank and currency pool to cut out West

“The group of emerging economies signed the long-anticipated document to create the $100 bn BRICS Development Bank and a reserve currency pool worth over another $100 bn. Both will counter the influence of Western-based lending institutions and the dollar.  The new bank will provide money for infrastructure and development projects in BRICS countries, and unlike the IMF or World Bank, each nation has equal say, regardless of GDP size.  Each BRICS member is expected to put an equal share into establishing the startup capital of $50 billion with a goal to reach $100 billion. The BRICS bank will be headquartered in Shanghai.”

http://rt.com/business/173008-brics-bank-currency-pool/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

UN Calls for Decriminalization of All Drugs

Anthony-Wile1

“The UN has now called for the decriminalization not just of marijuana but of other drugs as well, including so-called injectables. Our analyses are often correct, but in this case, we’re a little surprised at how fast confirmation has arrived.  Drugs will be legalized – at least in part – to allow the UN to create a more formalized regulatory regime around the world.  An editorial such as this would not be complete without noting the pitiless manipulation of laws and regulations for which elites are responsible. Millions, perhaps billions of lives have been negatively affected and even ruined by the merciless imposition of the so-called ‘war on drugs.'”

http://www.thedailybell.com/editorials/35491/Anthony-Wile-As-Predicted-UN-Calls-for-Decriminalization-of-All-Drugs/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Leaked paper: EU wants ‘guaranteed’ access to US oil and gas

“The EU wants the US to lift its restrictions on exporting gas and crude oil as part of ongoing trade talks, according to a leaked document.  EU and US trade officials will hold their sixth round of talks on an ambitious Transatlantic Trade and Investment Partnership (TTIP) in Brussels next week, which officials argue could be worth €100 billion per year.  At the top of the EU’s demands is for Washington to scrap its requirement to review whether exports are in the public interest before approving any foreign sales.  A number of EU countries have large deposits of shale gas in their own soil, but most have so far been reluctant to start exploiting it because of environmental concerns.”

http://euobserver.com/news/124910

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Vodafone reveals existence of secret surveillance wires

“Vodafone has revealed the existence of secret wires that allow government agencies to listen to all conversations on its networks, saying they are widely used in some of the 29 countries in which it operates in Europe and beyond.  The company said wires had been connected directly to its network and those of other telecoms groups, allowing agencies to listen to or record live conversations and, in certain cases, track the whereabouts of a customer.  In Albania, Egypt, Hungary, India, Malta, Qatar, Romania, South Africa and Turkey, it is unlawful to disclose any information related to wiretapping or interception of the content of phone calls and messages including whether such capabilities exist.”

http://www.theguardian.com/business/2014/jun/06/vodafone-reveals-secret-wires-allowing-state-surveillance

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

The Warning Inherent in Escalating Official Lawlessness

the-daily-bell-top-logo61s

“Claiming that hundreds or thousands of [former IRS commissioner Lois Lerner’s] recent emails have been ‘lost’ beggars belief.  It provides us with a spectacle of an escalating contempt for constitutional constraints. We don’t believe generally at this point that the facilities of large Western governments acknowledge ‘the rule of law,’ but it is alarming to see a major US agency willing to make the point so obviously. In this era of FATCA and GATCA, when the US government in particular is demanding absolute financial transparency from its citizens, the stance of the IRS indicates a growing gap between what is expected of individuals and the accountability of governmental entities.”

http://www.thedailybell.com/news-analysis/35398/The-Warning-Inherent-in-Escalating-Official-Lawlessness/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Growing Warmist Intolerance Threatens Social and Legal Fabric

the-daily-bell-top-logo61

“This is really an outrageous letter in that it equates legitimate differences of opinion with an attack on state policy. The implication, of course, is that ‘undermining’ is illegal.  There are real costs to these promotions. People’s careers and livelihoods are affected.  Not only is this sort of warmist intolerance affecting individual careers, it is also depriving groups – even whole continents – of the right to a broad energy marketplace. As in other areas, warmist tactics and intolerance increasingly polarize issues and make rational discussion difficult to pursue. When political interactions become marginalized, or even criminalized, then authoritarianism inevitably expands.”

http://www.thedailybell.com/news-analysis/35400/Growing-Warmist-Intolerance-Threatens-Social-and-Legal-Fabric/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

FATCA, GATCA and the Changing Investment Scene, Worldwide

the-daily-bell-top-logo61

“GATCA is going to destroy financial privacy, which was pretty much destroyed in the first place. So taking your savings offshore in the form of financial accounts is going to offer you no privacy benefits. If your plan depends on privacy, you should get a new plan. That said, there are other concrete reasons to diversify internationally. As I mentioned before, offshore banks are often much safer and better capitalized than most banks in the US. Additionally, a foreign bank account cannot be seized or frozen at the drop of a hat by the US government, which would be especially useful if official capital controls are put in place.”

http://www.thedailybell.com/exclusive-interviews/35393/Anthony-Wile-Nick-Giambruno-on-FATCA-GATCA-and-the-Changing-Investment-Scene-Worldwide/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin