The BitCoin Model Is Being Challenged By A Huge Federal Bust Of Anonymous Internet Kingpin Silk Road Website And Owner

| October 2, 2013

Reuters reports: U.S. law enforcement authorities raided an Internet site that served as a marketplace for illegal drugs, including heroin and cocaine, and arrested its owner, the Federal Bureau of Investigation said on Wednesday. The FBI arrested Ross William Ulbricht, known as “Dread Pirate Roberts,” in San Francisco on Tuesday, according to court filings. Federal […]

The China Plan…In Gold We Trust

| August 25, 2013

The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]

Brazil Warns Of Luming World Trade War

| January 9, 2011

This is why Gold and Silver has been sought by the smart money! Brazil has warned that the world is on course for a full-blown “trade war” as it stepped up its rhetoric against exchange rate manipulation. Guido Mantega, finance minister, told the Financial Times that Brazil was preparing new measures to prevent further appreciation of […]

George Soros Shares Concern About “Currency War” Risks

| October 8, 2010

Billionaire investor George Soros said he shared concerns about a “currency war” and China must do more to accept its responsibilities in the global monetary system. “I share the growing concern about the misalignment of currencies,” Soros wrote in an article for the Financial Times. “Brazil’s finance minister speaks of a latent currency war, and […]

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