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Showing posts with label BIS. Show all posts
Showing posts with label BIS. Show all posts

Wednesday, March 26, 2014

Bundesbank's Asche on Germany's Custodial Gold with Fed: "Some Gold Bars Melted Down to Meet LBMA Delivery Standards"!

"Complete relocation of all German gold held abroad isn’t desirable", says Asche. Is Germany folding its cards in deference to the Fed's theft of Germany's gold?

Germany's politicians controlled by international bankers could be setting up their citizens to get stiffed out of their savings.

Saturday, October 19, 2013

Your Money Is Not Safe In The Big Banks

In the US, a fund called the FDIC insures bank deposits. Since it was created in the 1930s, the fund has always been able to pay 100 cents on the dollar on accounts in failed banks.

That is until now...

There's a big problem on the horizon and there's a big solution too, This unique video addresses both. 

For the Greek experience go here

Banking malfeasance Are Big Banks safe?
It's insurance - and insurance has loopholes
The FDIC guarantees your bank deposit right?

No, not quite.

Friday, October 18, 2013

A Large Wealth Grab on Americans Could be On The Way

Submitted by Pater Tenebrarum of Acting-Man blog,
 Source Zero Hedge
IMF Discusses 'One-Off' Wealth Tax

It is undoubtedly nice to have a job with the World Bank or the IMF. One of the most enticing aspects for those employed at these organizations (which n.b. are entirely funded by tax payers), is no doubt that apart from receiving generous salaries and perks, they themselves don't have to pay any taxes. 

Sunday, June 23, 2013

BIS tells central banks to stop pumping, start watching inflation

We regard the FT as a 'made member' of the controlled press, but here it is anyway…

Submitted by cpowell on Sun, 2013-06-23 15:48. Section: Daily Dispatches
 
Central Banks Told to Head for Exit
By Claire Jones
Financial Times, London
Sunday, June 23, 2013


Central banks must head for the exit and stop trying to spur a global economic recovery, the organisation representing the world's monetary authorities has warned following a week of market turbulence sparked by the US Federal Reserve's signal that it would soon cut the pace of its bond buying.