Friday, March 30, 2012

BRICS agree to local currency credits to ease dollar dependency

The BRICS - Brazil, Russia, India, China and South Africa - have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.

Click here to read more from RT News

Treasury to Cut Costs by Using Cheaper Metals In Pennies And Nickels

Treasury Secretary Tim Geithner outlined how his department will find savings, including $286 million in the next fiscal year, by changing the materials that go into coins, replacing paper with electronic communications and consolidating internal agencies. The U.S. Mint is currently researching alternative materials.

Click here to read more from the Philadelphia Inquirer

Wednesday, March 28, 2012

South Carolina Could Be The Second State To Make Gold And Silver Legal Currency!

House Panel OKs Gold, Silver As Legal Tender

Click Here To Read The The Article From Channel 7 In SC

BRICS Look To Replace The U.S. Dollar With "Super-Sovereign" Global Currency!!!

Photo From: bbc.co.uk

Below are two articles that discuss the 4th BRICS Summit on March 29th 2012

China to offer yuan loans to members of BRICS

BRICS Move To Replace Dollar With "Super-Sovereign" Global Currency

Payment Giant SWIFT Cuts Iran From Global Financial Network

This use of the international interbank system as a war machine has surprised and angered nations in the BRICS (Brazil, Russia, India, China and South Africa) and you can bet that they will be in talks to get around using the U.S. dollar in trade in the future.

Click here to read more from The International Business Times

Legendary trader and investor Jim Sinclair explained the severity of this ban on Iran and explained what it means to gold in an interview on King World News Below.

Click here to hear Jim Break It All Down

(Timeline) U.S. Dollar Road To Destruction From Loss Of Value To Loss Of Demand!

Join me as I take you on a tour of the U.S. Dollar's road to destruction. From a loss of value to a loss of demand the U.S. dollar is closer to joining all other paper currencies in their rightful resting place. Gold and Silver are your safe haven for the impending storm ahead.

Thursday, March 15, 2012

The Deflation Delusion

By Detlev Schlichter on March, 9th 2012

Photo from papermoneycollapse.com

"Every day we are told that the world is in the grip of a deathly deflationary spiral. Or that it would be in a deathly deflationary spiral if it weren’t for the valiant efforts of our central bankers".

Click Here To read his article THE DEFLATION DELUSION on papermoneycollapse.com

Interview With James J Puplava CFP On Financial Sense Radio

Click Here To Hear The Interview Recorded On 1/25/12