Category: Geopolitics

Greece and the Euro Breakup; Why the US Dollar Is Facing an Even Bigger Crisis

Greece and the Euro Breakup; Why the US Dollar Is Facing an Even Bigger Crisis

from Peter Schiff One proposed solution to Greece’s European debt problem is for the Mediterranean country to abandon the euro and resurrect its old currency, the drachma. In his April Gold Videocast, Peter Schiff explains why a new drachma would...

‘Major blow’ at Fukushima as robot loses control inside reactor — Moved 10 meters before failing — Max radiation readings more than doubled since 2012 — ‘Eerie footage’ shows orange glow in area with highest levels

from ENENews Asahi Shimbun, Apr 11, 2015 (emphasis added): [A] robot sent to probe a highly radioactive containment vessel of the crippled Fukushima No. 1 nuclear power plant got stuck hours after it was deployed, dealing a major blow to...

Greece Out of Funds by Month End – Default and Drachma Imminent?

Greece Out of Funds by Month End – Default and Drachma Imminent?

by Mark O’Byrne, Gold Core – Greek government to withhold IMF payments according to the FT – Prime Minister Tsipras denies preparing for default according to Reuters – Government funds to run out by end of month – Default would...

Greece Will Leave the Euro: Armstrong

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NATO’s Russia Myths: Busted

NATO’s Russia Myths: Busted

from Sputnik News Amid NATO’s growing military presence in Eastern Europe, it’s worth taking a moment to consider the kinds of talking points the organization uses to explain away some pretty obviously belligerent and expansionist behavior. With NATO’s beefing up...

THE “OTHER” 4G’s

by Bill Holter, Miles Franklin No, we’re not talking about 4G phones, nor God, gold, guns and grub.  Today let’s look at GE, Greece, and finish with a very interesting Germany and Gazprom.  Last week GE shocked the market place by...

News In Two Minutes – France Airstrikes – Radon In America – Cholera Deaths – Water Warming

News In Two Minutes – France Airstrikes – Radon In America – Cholera Deaths – Water Warming

from FullSpectrumSurvival

Dubai & China trading partnerships seen as key to gold

Dubai & China trading partnerships seen as key to gold

by Dave in Denver, Truth in Gold Dubai will play an important role in the flow of gold to China as the latter aims to continually open its domestic markets to the international stage in a bid to become the...

Welcome To The Currency War, China Edition

by John Rubino, Dollar Collapse Here’s one for the “seriously, you’re surprised?” file: China pegs its currency, the yuan, to the dollar, the dollar soars, taking the yuan with it…and fewer foreigners buy suddenly-much-more-expensive Chinese products. Duh. China’s Export Engine...

Fukushima Emergency Broadcast: 7,000,000 Bq m3 Drinking Water in Canada

Fukushima Emergency Broadcast: 7,000,000 Bq m3 Drinking Water in Canada

from MissinSky101 Cesium-137 (137Cs) 10 Bq/L 7,000,000 Bq Tritum Cubic Meter 5,000 Bq Stronium Cubic Meter 6,000 Bq Iodine Cubic Meter 10,000 Bq

The Entire World Is Pouncing on Silver!

The Entire World Is Pouncing on Silver!

from The Wealth Watchman Silver is Hot Well, brothers, the evidence all continues to point to one thing: silver is white-hot around the world right now! No, I’m not talking about price action, remember that “price” is the enemy’s matrix....

CREDIBILITY, COLLATERAL, CONFIDENCE

by Bill Holter, Miles Franklin We live in a world where all currencies are “fiat”, none backed by gold, silver, oil or anything else.  Yes of course the dollar, otherwise known as the “petrodollar” has functioned and survived (so far)...

Does the AIIB Signify the End of the American Century?

Does the AIIB Signify the End of the American Century?

by Michael Pettis, Financial Sense When Isaac, an editor at Foreign Policy, sent me an email two weeks ago asking if I could write a piece on the new Asian Infrastructure Investment Bank (AIIB), I quickly wrote back promising 1,200...