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China announced it will start direct trading with the Swiss franc. This is another step in China's relentless march toward becoming a major player on the world financial stage and away from dependence on the US dollar.
According to a Bloomberg report, the link between the currencies will begin Tuesday. The move by the China Foreign Exchange Trade System makes the Swiss franc the seventh major currency that can bypass conversion into the US dollar and be directly exchanged for yuan.
The People’s Bank of China said it welcomed the move in a statement on its website:
There’s unquestionably something wrong behind the “curtain.”
As Jim Rickards reminded me some time ago, MOST currencies are digital, even the US dollar. Your savings doesn’t really exist. It’s all just digits in an electronic account ledger.
Taxpayers lose. Again...
Welcome to the “changing income landscape” in America… according to those in the know, it is a “seismic shift” and the middle class has all but disappeared.
    CEO Of Overstock.Com Prepares For The Worst - Ron Paul
Nov 10, 2015 - 10:29:14 PST
What are some of the big players doing to prepare for a possible economic collapse? Overstock.com CEO Patrick Byrne joins the Liberty Report to discuss.
The growth of poverty in the United States is wildly out of control. 
Is gold manipulation real, or just ghost stories around the campfire? 
The Fed "needs" to raise interest rates to have any credibility at all. Problematically, if the Fed actually does do anything at all, raise OR lower rates, they will probably spark a […]
What follows is Tim Price’s hilarious, satirical take on a recent Financial Times fawning article on “Lunch with Ben Bernanke” by associate editor Martin Wolf.
Here’s the kicker: the exploit is remote, so it can be launched on your phone without you even knowing about it. Simply visiting a web site or receiving a certain […]
Martin Armstrong recently opined that gold was DEVALUED in 1934 to $35.   Really Martin?  Don't you mean the $20.67 that used to be required to purchase one ounce of […]
Is Trump now loud enough to steer the actions of the Fed, which has otherwise proved immovable?
The overt U.S. military aggression in the South China Sea is directed specifically at China. China occupies only 15% of the occupied islands, while U.S. political/military sock-puppet countries control the […]
    China Adds 14 Tonnes to Gold Reserves!
November 9, 2015
China has added another 14 metric tonnes to its gold reserves...
    New Silver Coin Based On Ancient Classic
Nov 9, 2015 - 15:34:55 PST

Check out Mike Maloney's latest 'Modern Ancient' silver round - based on the goddess Nike design used widely in Ancient Greece.

The world is now watching video from a stunning ballistic missile display over the U.S. West Coast that was timed with China’s latest currency announcement. It would seem that the […]
In his latest appearance on Alex Jones’ InfoWars, Peter Schiff began by discussing the tyrannical imprisonment of his father Irwin Schiff. They went on to discuss the economic predicaments of both the United States government and the average American citizen. In a country crippled by debt and an unhealthy sense of entitlement, Alex and Peter ask the essential question – how can intelligent investors prepare themselves for what comes next? One answer: buy hard assets like physical gold and silver.
While Janet Yellen keeps hinting at a "possible" US interest rate hike – something Peter Schiff has argued for months is highly unlikely – it appears the European Central Bank (ECB) will soon take rates deeper into negative territory. Americans should take note of what is happening across the pond, because it may eventually happen here.
According to a Reuters report, a consensus is forming at the ECB to drop the interest rate it charges banks in December: