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More important than China’s gold announcement, U.S. banks scared of dollar dumping as buyers dry up

When China announced their long awaited gold reserve update last week, both the markets and analysts were mystified at just how low the reported reserves were, especially since many knew that China was producing over 2000 tons per year, and buying upwards of 1000 tons per month over the past two years.  And while the news did little to affect the dollar or change opinion on the future of China's currency, s ...

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Germany fires first salvo in war to end use of cash by consumers

As Greece starts to deteriorate into near Civil War as citizens within the EU country are unable to fully access monies kept in their banking system, they are not the only entities experiencing problems that threaten the monetary liquidity of Europe.  In fact, in what may be the biggest irony from the year long battle between Greece and Germany over Greek debt, Germany is launching its first salvo in a new ...

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Greece is not the only country where pensions are at the root of an economic disaster

In the ongoing debt crisis taking place between Greece, Germany, and the EU's financial Troika, Greek pensions remain squarely in the crosshairs for austerity cuts to allow acceptance of a new round of bailouts, and a saving of Greece's insolvent financial system.  But with the global economy in decline and even recession despite manipulated equity market highs, the Damocles Sword of underfunded pensions el ...

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As Germany attempts to crucify Greece, their biggest bank is now under investigation for money laundering

Throughout the entire Greek crisis, German Finance Minister Schaeuble has been front and center in trying to hold a hard line against the Southern European country whom he believes should be given no mercy for the hundreds of billions of dollars worth of loans that went into the coffers of his and other banks, and not the Greek people.  In fact, the majority of the money Greece owes to creditors was not thr ...

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History repeats: Just as in 1933 America, Greeks today cannot access their safety deposit boxes in banks

In the prepper community, as well as in alternative finance, there is a constant belief... if you don't hold it, you don't own it.  And in the Greek crisis that is raging right now in Southern Europe, and between the German establishment, the un-elected Troika, and the impoverished Greek peoples, the history of 1933 America is once again proving itself out as the bank holiday occurring right now in Greece i ...

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German coup over Greece sees new rise of the 4th Reich in Europe

Politicians are not leaders... nor are they statesmen who are willing to make the hard decisions despite the potential loss to one's career or reputation.  And just days after the only Greek minister with the fortitude to stand up to the Troika resigned from office, it appears that not only is Greece ceding to another generation of austerity, but in doing so is giving up their sovereignty and possessions fo ...

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Russian Leader Warns, “Get All Money Out Of Western Banks Now!”

VIA| A Ministry of Foreign Affairs (MFA) “urgent bulletin” being sent to Embassies around the world today is advising both Russian citizens and companies to begin divesting their assets from Western banking and financial institutions “immediately” as Kremlin fears grow that both the European Union and United States are preparing for the largest theft of private wealth in modern history. According to this “u ...

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FDIC closes first bank in two months bringing total amount of failures in 2015 to 6

Premier Bank, located in Denver, CO, was closed down by the FDIC on Friday, July 10.  This bank failure is the first one for the month of July and is the sixth overall bank closure for 2015. 7/10/2015 *** Colorado *** Denver *** Premier Bank *** $4.4 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $4.4 million. If you were banking at Premier Bank in Denver, CO, you are no ...

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EU approves resolution to be a part of talks to eventually sign and join TTIP

Just as in the United States, it appears that the politicians that run the European Union have no qualms about ignoring the cries of its citizens, and are heading straight towards the eventual signing of the draconian TTIP agreement.  In fact, on July 9 the EU Parliament voted yes to a non-binding resolution to pursue the eventual approval of the Transatlantic Trade and Investment Partnership, just as Congr ...

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Greece This is What You Are Not Being Told By The Media

VIA| According to mainstream media, the current economic crisis in Greece is due to the government spending too much money on its people that it went broke. This claim however, is a lie. It was the banks that wrecked the country so oligarchs and international corporations could benefit. Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much ...

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