What NIRP communicates is: this sucker’s going down, so sell everything and hoard your cash and precious metals.
In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like (“by forcing people and companies to convert their paper money into bank deposits, the hope is that they can be persuaded (coerced?) to spend that […]
In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown in the article below…
Gold leasing is a fraud and conspiracy, since central banks that lend gold know….
So much for the denials. The Cyprus “template” for banking crises is to be eurozone policy for other countries after all. …Anybody with serious banking exposure to any EMU state on the front line of Europe’s macro-economic crisis now knows what to expect…..