Re-Dollarization Continues as China, Russia & Saudis Load Up On Treasuries

Foreign holdings of US treasury securities November 2016 -May 2017

Russian U.S. Treasury Holdings up 41% since October 2016 (+$34 billion); at Highest Level since September 2014. Chinese US Treasury Holdings are up $53 billion since October 2016- The Last Month the People’s Bank of China Added Gold to Reserves. Japan, Brazil, Switzerland, UK, Saudi Arabia, India and France also boost holdings in 2017. Saudi Read More →

Bank of Italy Warns Against Creating Your Own Currency

Citizens Claim Right to Create Scriptural Euros. Citizens conjure Euros out of thin air, just like banks. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate Read More →

Is the U.S. Dollar Becoming the New Petro Dollar?

Annual U.S. Exports of Crude Oil 2006 - 2016

With OPEC oil cuts and U.S. oil production and exports surging, is the US dollar set to replace the Saudi- backed petro dollar? Is re-dollarization already underweigh? You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld Read More →

I Hope and Don’t Believe There Will be Another Financial Crisis in Our Lifetimes

Fed Chair Janet Yellen Expresses Hope and Belief there will be no Financial Crisis. Yellen echoes other “timely’ predictions: “Peace in our time” “This time is different” and “A record to stand for all time”. Trump Goes on a Media Bashing Spree. Gold posts first monthly loss this year. Gold sales at U.S. Mint drop Read More →

Supreme Court: Offensive Speech Ban Offends the Constitution

supremecourt

Supreme Court Rules Hate Speech Can Not be Banned by Patent Office. Are we moving to a Trustless Society- Where Code is Law? Italian Banks in Trouble. Florida Man to be fined $120 million for Robocalls. India Legalizes Bitcoin. U.S. Mint sales remain dismal, Cryptocurrency trading volumes remain robust. You can buy Bitcoin, Ethereum and Read More →

How Central Banks Intend To Fight CryptoCurrencies

digital currencies bitcoin litecoin monero ethereum

The President of the Deutsche Bundesbank Has Some Ideas on How To Stop Cryptocurrencies. Remarks to Bundesbank Policy Symposium in a Speech “Frontiers in Central Banking – Past, Present and Future” contain clues of the battleplan. What if they fail? You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin Read More →

Notice a Central Bank Pattern?

Federal Reserve Logo

Central Banks World Wide Maintain Ultra Loose Monetary Policies – Except One. Bank of England leaves bank rate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at £10bn Bank of Japan maintains pledge to keep short-term interest rates at minus 0.1%; rules out reducing its massive stimulus program. Swiss National Bank Read More →

Cryptocurrencies – Fiat Killers or Strengtheners?

ethereum accepted here

Do privately issued cryptocurrencies threaten fiat currencies or do they strengthen and complement fiat currencies? Smaulgld Speculation Series – Episode 1 The purpose of this series is to throw out ideas that are not fully thought through and to have Smaulgld subscribers comment, discuss and debate them. Competing Currencies Most countries today have legal tender Read More →

Re-Dollarization! Chinese and Russian U.S. Treasury Holdings Surge

russian holdings US treasuries 2014 - 2017 April

Chinese US Treasury Holdings Highest Since October 2016- The Last Month the People’s Bank of China Added Gold to Reserves. Russian U.S. Treasury Holdings up 41% since October 2016; at Highest Level since November 2014. Higher U.S. Interest Rates, New U.S. Administration, Improving Chinese and Russian Finances Lead to Surge in Treasury Buying. You can Read More →

Living Through an Economic Collapse

GAME OVER

What’s it Like To Live Through an Economic Collapse? Smaulgld Interview of a Bulgarian National Who Survived an Economic Collapse. Economic Collapse! – It May Not Be What You Think Many speculate what their worlds might be like if there was an economic collapse. How would people react? Would you they ready? What would the Read More →