Silver as an investment

Category Archives: business

Grab A Beer Philadelphia, The Soda Is Too Damn Expensive

Via SovereignMan.com, What happened: Turns out when soda cost the same as beer, people choose to drink beer. That is what is happening in Philadelphia. The city’s 1.5 cent per ounce tax on soda has made beer a cheaper option. But that isn’t the only effect of the ill conceived plan to raise revenue. The tax didn’t […]

“The Taps Are Gushing” Hong Kong ATM Withdrawals Surge As Facial Recognition Fears Spread

Amid a crackdown on unauthorized mainland currency outflows by forcing ATM users to undertake facial recognition before cash is dispensed in Macau, Hong Kong ATMs are reportedly being hit by a massive surge in withdrawals from China's UnionPay bank cards. As The South China Morning Post notes, the mainland has been strengthening regulations since last […]

China’s Plunge Protection Team Holds $150 Billion In Stock, Claims “State Meddling” Stabilizes Markets

It was two years ago, in June of 2015, when just as the Shanghai Composite was flirting with 5,000 and when literally the local banana stand guy was trading stocks, that the Chinese stock bubble burst, unleashing an unprecedented selling spree, a 40% drop in just two months, and Beijing’s nationalization of the stock market, […]

Gold Coins Have Been South Africa’s Best Investment For 50 Years

In the 50 years since the first Krugerrand was minted in South Africa, the gold coins have turned out to be one of the best investments in the country. As Bloomberg reports, the Krugerrand originally sold for 27 rand (then worth $35) back in 1967. One ounce of gold is now worth 16,840 rand ($1,273), […]

John Williams Warns “A Move To Impeach Trump Will Tank The Dollar”

Outspoken exposer of the establishment smoke and mirrors, economist John Williams spoke with USA Watchdog's Greg Hunter this week in a far-ranging interview from Trump impeachment to economic collapse and from the demise of the dollar to physical gold ownership as the "ultimate hedge." “A big factor in the dollar’s value is political stability or […]

Bannon: “No Administration In History Has Been So Divided”

"Bannon the Barbarian" has been spending a lot of time talking to reporters since being fired by President Donald Trump on Friday. During an interview with Bloomberg, his first after being relieved of his duties as Trump’s chief strategist and returning to his former leadership role at Breitbart, Bannon claimed that he was going “to […]

CNN Reveals Gameplan: Remove the President Under the 25th Amendment for Being Mentally Ill

Content originally published at iBankCoin.com Back in July, Fox News columnist, Steve Kurtz, asked the question regarding the 25th amendment: Constitution or Coup? But that wasn’t the first time the 25th amendment was mentioned by democrats. They’ve been pining to use it to remove Trump from the day he took office. Since the events in […]

Paul Craig Roberts Reminds America – “A House Divided Against Itself Cannot Stand”

Authored by Paul Craig Roberts, The liberal/progressive/left are enjoying their drunkfest of denunciation. I can’t say I have ever witnessed anything like it. These are the people who sat on their hands for 16 years while Washington destroyed in whole or part seven countries. Not being satisfied with this level of warmongering and crimes against […]

Lord Rothschild: “Share Prices Are At Unprecedented Levels, This Is Not A Time To Add Risk”

One year ago, the financial world was abuzz when the bond manager of what was once the world’s biggest bond fund had a dire prediction about how “all of this” will end (spoiler: not well). Gross: Global yields lowest in 500 years of recorded history. $10 trillion of neg. rate bonds. This is a supernova […]

Australia Cracks Down On Bitcoin Exchanges; Shrugs Off Banks’ “Systemic” Money-Laundering Violations

Australian Government Is Cracking Down On The Nonexistent Bitcoin Money-Laundering Epidemic Australia’s largest banks can’t seem to go six months without a new scandal. In April, regulators accused Commonwealth Bank, one of the country’s largest financial institutions, of “systemic” money laundering violations, sparking an investigation into the broader banking sector, and the promise of heavy-handing […]