About a year ago Gerald Celente talked about his investment strategy which was buying heavily into gold and also Swiss francs, but about three weeks ago Celente decided to dump all his Swiss francs and into gold. The reason was because the Swiss banks announced that they were pegging their Swiss francs to the Euro, [...]
Posts Tagged ‘currency’
Gerald Celente: Why the Swiss Franc is No Longer A Currency
September 11th, 2011 
Elisheva Wiriaatmadja Jim Rogers: Mark My Words, the US Dollar will Disappear
May 12th, 2011 Elisheva Wiriaatmadja This time Jim Rogers talks about the Euro, the US dollar and the world in Asia. Even though it does not seem that Rogers will get rid of the Euro anytime soon, he believes that the Euro is not going to survive. While prices are rising in European countries, in Asia, within one generation, the [...]
To Raise Or Not To Raise: The European Central Bank Dilemma
May 12th, 2011 Elisheva Wiriaatmadja 
When the Sub-Prime Mortgage Crisis erupted in the fall of 2008, Central Banks in every developed nation in the world moved quickly to slash short-term interest rates in order to free up frozen credit markets and stave off another Great Depression. Now, over two years later, several developed nations have still not moved to raise [...]
US New Cry: In Gold-Standard We Trust
January 26th, 2011 Elisheva Wiriaatmadja 
Although to many the idea of getting the dollar back into the gold standard is far fetched, there has been more and more discussions and debates about this recently. The reason for talks of pegging the dollar back to the precious metal is the threat of coming hyperinflation.
Posted in News 
Tags: currency, gold, gold standard, greenback, inflation, us dollar, us dollars 
No Comments »When Will the US Dollar Finally Die and How Bad Will It Be For YOU?
November 24th, 2010 Elisheva Wiriaatmadja So it is official now. Premier Wen Jiabao just shook hands with his Russian counterpart Vladimir Putin on his visit to St. Petersburg last Tuesday. They have finally agreed to protect their domestic economies by renouncing the US dollar and resort to using their own currencies for bilateral trade. Chinese experts explain that the reason [...]
Posted in News Tags: American Empire Collapse, currencies, currency, gold price, us dollar, US dollar collapse 4 Comments »James Grant: Our Monetary Mandarins
November 17th, 2010 Elisheva Wiriaatmadja Jim Grant is the editor of a newsletter called Grant’s Interest Rate Observer, the most significant publication of its sort in the whole financial world. www.Grantspub.com. He is also a writer of 6 books: Bernard M Baruch: The Adventures of a Wall Street Legend, My Own Favourite Money of the Mind, Mining Mr. Market, The [...]
US Dollar Continues to Fade, 77 Percent Americans Barely Making It
October 2nd, 2010 Elisheva Wiriaatmadja How the Federal Reserve is Monetizing the US Debt on Your Misery!
August 13th, 2010 Elisheva Wiriaatmadja Yep, you read it right. While America is almost choking to death by the impossible national debt it is in, the system that Man of the Year, Bernanke, set up is responsible for monetizing on this debt to make a few wealthy man behind the Federal Reserve, the “central bank” of America even wealthier.
Are the Dollar, Euro, Sterling collapsing Zimbabwe-style?
April 16th, 2010 Elisheva Wiriaatmadja Private investment advisor Martin W. Hennecke warned in October 2008 that the dollar, euro and poundsterling are going to be destroyed Zimbabwe style. Because of hyperinflation, the three currency above will lose their purchasing power little by little until they are worth almost nothing. Hennecke warns as the inflation rises today, cash investment is now [...]
