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Fed Chairman Janet Yellen states that cash has relatively little value

As the world begins to realize that the entire purpose of the Federal Reserve is to prop up stock markets and ensure the orderly flow of wealth from the 99% to the 1%, an interesting statement was made by the central bank Chairman Janet Yellen in San Francisco last week where she said that "cash is a not very convenient store of value", and validated that the fiat currency that comes from the printing press ...

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New survey of investors show that 71% believe entire market is rigged

Do you want to know why few retail investors have come back into the stock markets after the crash of 2008-2009?  Because many came to the realization that all markets are now rigged, and that trying to succeed in the house run casino is a losing proposition. But since many retail and mom and pop investors are rarely given any credence on Wall Street, it takes hedge funds and long time professionals to vali ...

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Government Orders Banks to Call the Cops When Customers Withdraw $5,000 or More

FREE THOUGHT PROJECT - Washington, D.C. – In a clear escalation in the ongoing war on U.S. citizens, the Justice Department has recommended that bank employees snitch on customers attempting to withdraw more than $5,000. Federal regulations already require banks to submit a “Suspicious Activity Report” (SAR) when, “Transactions conducted or attempted by, at, or through the bank (or an affiliate) and aggrega ...

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Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the worl ...

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Government sneaks through new see something, say something, freeze your assets policy

On March 18, the U.S. Justice Department created a new policy that will have bankers contact law enforcement on anyone who may be performing 'suspicious' banking functions such as closing your account, making large deposits, taking out large withdrawals, or bank wires to unknown sources. This policy expands upon the normal questioning that occurs for deposits of more than $10000, and moves banking into the ...

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As the ECB prepares for Greek exit, Tsipras plans meeting with Putin

Despite the hoopla that came out of a fragile debt agreement between Greece and the Troika a few weeks ago, the Southern European country is no better off now than before they started re-making interest payments on their hundreds of billions of euros in debt obligations.  And as the political and economic situation increasingly moves towards insolvency, Greek Prime Minister Alexis Tsipras is planning a meet ...

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As China prepares to open new SWIFT, EU countries flock to World Bank alternative

A little over a week ago, China leaked news that their alternative SWIFT system would most likely be online and fully functional near the end of the third quarter of 2015.  And now that the potential of a new global reserve currency comes within reach to supplant the dollar, European Union nations are suddenly flocking to another alternative, the AIIB, which is a direct competitor to the World Bank and curr ...

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Did J.P. Morgan Build the Titanic to Kill Off the Competition and Form the Federal Reserve? The Coincidences Are Amazing

CC - In 1898 a man named Morgan Robertson penned a book titled “Wreck of the Titan” about a luxury liner deemed unsinkable that was going too fast in the North Atlantic in April and hit and iceberg killing most everyone on board due to lack of lifeboats. 14 years later this fictional book would play out in real life exactly down to the name, with the wreck of the Titanic; but this time it would have major p ...

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In desperate move, SWIFT adds Russia to its board as a voting member

Two days after China announced they were within months of implementing their own version of SWIFT to compete and perhaps overtake the U.S. dollar as the globally recognized reserve currency, the West does a U-Turn and has accepted Russia as a voting member of their financial messaging and interchange system.  This move on March 11 comes just months after the U.S. threatened the Eurasian oil giant with being ...

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Former head of the SEC comes clean and admits market is rigged

Although absolution is indeed good for the soul, it does little to help those who were pillaged while fraud and corruption took place under a director's watch.  And while new revelations by former SEC chief John Ramsay on March 10 validate that the market is a rigged game and programmed to benefit insiders over all other investors, it does little to alleviate the carnage that has helped create the worst wea ...

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Bank closure in Puerto Rico will cost FDIC three quarters of a billion dollars

Doral Bank, located in San Juan, Puerto Rico, was closed down by the FDIC on Friday, Feb. 27.  This bank failure is the second for the month of February and is the fourth overall bank closure for 2015. 2/27/2015 *** Puerto Rico *** San Juan *** Doral Bank *** $748.9 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $748.9 million. If you were banking at Doral Bank in San Ju ...

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Apple Plans To Buy 1/3 Of Gold In The World To Make Luxury Watches

The Apple Watch Edition might be Apple’s most unusual product in years. Questions abound about the 18-karat gold smartwatch. How much will it cost? Will Apple offer an upgrade path for it? But I have a broader question: how will it affect the world’s gold supply? The Wall Street Journal has reported that Apple plans to ramp up production of the Apple Watch Edition to over 1 million units per month in its se ...

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