Tag Archives: central banking

Russia Says It’s Ready for Disconnection from SWIFT

Will blockchain be adopted as alternative?

Vusala Abbasova
Caspian News

April 30, 2021

As Brussels is tightening the screws on Russia by threatening to shut the country off from one of the quickest and safest ways to receive and send money via electronic bank transfers, Moscow is getting ready for any eventuality in case of a shutdown.

Andrey Krutskikh, Russian Special Presidential Envoy for International Cyber Security Cooperation, voiced Moscow’s readiness to respond if Russia is disconnected from the SWIFT global payment network. However, according to him, threats to disconnect Russia from the SWIFT system are unlikely to be realized.

The Russian foreign affairs ministry is reportedly considering blockchain technology as an alternative to SWIFT, the global payments network. The country’s leaders have recently voiced concerns that they might be cut off from SWIFT, prompting them to search for different options.
Continue reading Russia Says It’s Ready for Disconnection from SWIFT

For The First Time Ever, Russia Drops Under 50% Of Exports Sold In US Dollars

SouthFront
April 27, 2021

The more America imposes its sanctions on Russia, the more natural is the desire of the latter to avoid the risk of the consequences of these sanctions.

The rejection of the dollar in this regard is something that has been expected for a while, and is happening now.

Continue reading For The First Time Ever, Russia Drops Under 50% Of Exports Sold In US Dollars

LBMA Acknowledges “Buying Frenzy” In Silver Market And Silver Shortage Fears

Ronan Manly
Via Zerohedge

April 15, 2021

The London Bullion Market Association (LBMA) has just published a new report titled “Silver Investment 2021: Report” which looks at recent developments in the investment silver sector.

While it’s not clear who actually wrote the report, as no author is specified, the LBMA states that it “acknowledges Metals Focus’ contribution to this report” so we can assume Metals Focus actually wrote it or was heavily involved. Metals Focusis a precious metals consultancy based in London, which also at times, writes the Silver Institute’s annual World Silver Survey.

Continue reading LBMA Acknowledges “Buying Frenzy” In Silver Market And Silver Shortage Fears

The National Debt is $85,210 Per Person

GenZConservative
April 7, 2021

One of my earliest articles on this site was on the danger of our rapidly skyrocketing national debt. What was once perceived as, at best, a necessary evil that should be limited to whatever extent possible has, since the Vietnam War, become and immense burden of truly unimaginable proportions. How gargantuan? Well, the national debt is now $85,210 per person. 

Continue reading The National Debt is $85,210 Per Person

The Marxist Subversion of the Catholic Church

Fr. John O’Connor
Vox Catholica
April 28, 2018

In this talk, Fr. John O’Connor O.P. lays out the destruction, subversion and infiltration of the Catholic Church by revolutionary Marxists and communists as well as Homosexuals.

Father O’Connor shares his experience as a seminarian, and a priest seeing the hierarchy of the church being taken over by “Gay” Sodomite priests, and his prophetic words ring more true today then they ever have. This talk, which was given in the early 90’s, explains how we now have a Pope, who stands by while homosexual couples are blessed, who denies the existence of hell, and who supports communist and marxist ideals within society.

Father O’Connor also exposes the Radical Left-Wing agenda of the subverted, post Vatican II Church, showing how Communist leaders such as Bella Dodd, sent these leftists into our Catholic seminaries, which has brought about an almost near destruction of the Church in the West.

Father John O’Conner was a Dominican priest, born in Chicago in 1929. He studied at Notre Dame University and joined the Order of Preachers in 1949. He obtained degrees in philosophy and theology, and was ordained to the Catholic priesthood in San Francisco in 1955. He taught in Catholic colleges in Madison, Wisconsin and Austin, Texas from 1955 to 1966. He was associate pastor in New Orleans from 1966-1969, and since then, as a Dominican preacher, he has travelled over 300,000 miles over the United States and Canada giving missions and retreats to the laity.

Price of EVERYTHING Skyrocketing as Dollar Becomes Worthless! Inflation Mayhem

The Money GPS
March 14, 2021

Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.

Cancel Culture’s Antecedents: Original History of Federal Reserve Ordered Burned … in 1961!

Via David Martin
March 4, 2021

From the foreword of The Secrets of the Federal Reserve, by Eustace Mullins, published in 1952:

Even though my foundation applications were sponsored by the three leading poets of America, Ezra Pound, E.E. Cummings, and Elizabeth Bishop, all of the foundations refused to sponsor this research.  I then wrote up my findings to date, and in 1950 began efforts to market this manuscript in New York.  Eighteen publishers turned it down without comment, but the nineteenth, Devin Garrity, president of the Devin Adair Publishing Company, gave me some friendly advice in his office.  “I like your book, but we can’t print it,” he told me.  “Neither can anybody else in New York.  Why don’t you bring in a prospectus for your novel, and I think we can give you an advance.  You may as well forget about getting the Federal Reserve book published.  I doubt if it could ever be printed.”

Continue reading Cancel Culture’s Antecedents: Original History of Federal Reserve Ordered Burned … in 1961!

Fed Reserve’s Money Transfer Networks Crash

Something especially odd took place at the US Federal Reserve central bank today when its main funds and debt transfer services suddenly became non-functional.

CNBC reports:

Continue reading Fed Reserve’s Money Transfer Networks Crash

Experts: Cryptocurrency surge fueled by mistrust of central banks, uncertainty about U.S. debt

Carrie Sheffield
Just the News

February 17, 2021

Fueled by mistrust of central banks and uncertainty about the debt-laden future of the United States, the ongoing surge in prices for cryptocurrency will likely continue for now, market experts told Just the News.

Continue reading Experts: Cryptocurrency surge fueled by mistrust of central banks, uncertainty about U.S. debt

Harris casts Senate tie-breaker, paving way for Democrats’ $1.9T COVID relief bill

Joseph Weber
Just the News
February 5, 2021

Vice President Kamala Harris early Friday morning cast the tie-breaking vote in the 50-50 Senate that gives final passage to a budget resolution measure that will allow Democrats to pass a $1.9 trillion coronavirus relief bill without GOP support.  

Continue reading Harris casts Senate tie-breaker, paving way for Democrats’ $1.9T COVID relief bill

Silver Surges Most Since Lehman Bankruptcy; Hits 7-Year High Over $30

‘Global Insurrection Against Bankers’

#SilverSqueeze

In a situation similar to last week’s mad rush short squeeze on GameStop stock that caught the “Wall Street big boys” with their pants down, a similar Main Street buying insurgency is focusing on silver–the price of which many contend has been suppressed for decades.

ZeroHedge reports:

It’s been a long time coming, but for precious metal fans the day of joy has finally arrived: following a coordinated campaign to buy both silver ETFs in the paper realm and precious metals in the physical, which over the weekend which left virtually US precious metals retailer with little to no physical inventory, silver has finally exploded higher following in the footsteps of other “most-shorted” names, and it was last trading just around $30/ounce, soaring by 11.5% – its biggest one-day jump since Sept 16, 2008 – the day Lehman filed for bankruptcy. And, if silver closes here, it would be the highest price since early 2013.

Continue reading Silver Surges Most Since Lehman Bankruptcy; Hits 7-Year High Over $30

Yellen received $800G from hedge fund in Gamestop controversy; WH doesn’t commit to recusal

Sam Dorman
FoxNews

January 28, 2021

Newly-confirmed Treasury Secretary Janet Yellen received around $810,000 in speaking fees from the hedge fund that bailed out one of the primary losers in the recent Gamestopfrenzy.

Yellen’s financial disclosure shows her making $337,500 for multiple days in Oct. of 2020 from Citadel. She similarly banked $292,500 in October of 2019 and $180,000 in December of that year.

The Senate confirmed Yellen on Monday, making her the first female secretary of the department. She previously chaired the Federal Reserve after an appointment by former President Obama.

Both Citadel and Point72 infused almost $3 billion into Melvin Capital, which saw massive losses after betting against the video game retailer Gamestop. The White House said on Wednesday that Yellen was monitoring the situation.

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