(Matt Agorist) In a retaliatory move to the growing list of sanctions placed on Russia by the U.S., the country has announced it will “get rid of the dollar.”
(Laurence Kotlikoff) On July 26, 2016, the Office of the Inspector General (OIG) issued a report “Army General Fund Adjustments Not Adequately Documented or Supported”. The report indicates that for fiscal year 2015 the Army failed to provide adequate support for $6.5 trillion in journal voucher adjustments. According to the GAO’s Comptroller General, “Journal vouchers are summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment or are not tied to specific accounting transactions…. For an auditor, journal vouchers are a red flag for transactions not being captured, reported, or summarized correctly.”
(Michael Snyder) Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the United States has followed. Will this time be any different? Today, the yield curve is the flattest that it has been in 11 years, and many analysts believe that we will see an inversion before the end of 2018.
(Justin Deschamps) Make no mistake, the financial system has been manipulated for an extremely long time. Bill Still is just one historian who has revealed the use of financial systems to augment society reaching back to the Roman times. Today, our financial system is largely based on fiat, or without any material backing, such as gold or silver. But even this isn’t a completely accurate belief.
(Mac Slavo) Every single financial collapse has been engineered by elitists and governments as a method of gaining the public’s support for more control over their money supply. Now one YouTuber has the guts to say it and boldly declares that those same globalists will blame bitcoin for a biblical level financial collapse. Related “What The Hell […]
(Suji Velu) When I first started taking an interest in cryptocurrency I thought I was so lost in this huge sea of unknowns. Where do I start? What are the useful keywords to look up and keep in mind? What are the available helpful resources? This cryptocurrency investing guide is written so that in just 20 […]
(Martin Armstrong) Central banks do not play games with the markets but it sure feels like we are being played by someone! Earlier this year the Bank of Japan, Federal Reserve and the European Central Bank all had similar balance sheets at around $4.5 trillion. As we know, over the past ten years all three have […]
(Zero Hedge) Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight Financial Services estimated that as many as 300,000 borrowers in the vicinity of Houston could become delinquent on their loans and 160,000 could become seriously delinquent, or more than 90 days past […]
(Stillness in the Storm Editor) For those who prefer video formats, the following is a financial news recap. As always, any claims herein presented should be personally vetted and investigated. – Justin Source – The Event Chronicle by Currency365 Editor Note: For additional information please see the prior post titled Historic Announcement: Yuan Now Included […]
Source by Michael Snyder The demand for physical gold is exploding all over the world, and bullion banks are now experiencing a supply crunch that is absolutely unprecedented. As physical demand continues to rise, the massive Ponzi scheme that the bullion banks have been engaged in is going to become increasingly obvious, and at some […]
There are a lot of connections behind the scenes between major banking and international alleged “sovereign” nations. Remember since 1933 and the bankruptcy of all nations, we have had no lawful money and I am sure the connections detailed in D’s post are data points that reveal the hidden side of the world economy. I personally think […]