dollarvigilante.com / Jeff Berwick / May 28th, 2014
The traditional banking system was already bad enough but now, with banks around the world rushing to comply with the Foreign Account Tax Compliance Act (FATCA) it is beginning to reach extreme levels. And it isn’t just affecting the most financially restricted people on Earth: [...]
dollarvigilante.com / Jeff Berwick / April 29th, 2014
The US government is attempting every possible angle to ensure Americans don’t have access to guns. The latest is a new twist on capital controls being instituted by the Department of (In)Justice.
The DoJ is why financial institutions are refusing services to companies [...]
kingworldnews.com / April 26, 2014
Today renowned money manager Felix Zulauf warned King World News that the global financial system is trapped and capital controls are coming. Zulauf, founder of Zulauf Asset Management and 20+ year Barron’s Roundtable panelist, also discussed the difference between the horrendous challenges facing the world [...]
sovereignman.com / by Simon Blackon / April 9, 2014
Imagine that your country and banking system are so broke that you have to receive approval from a special committee just to send your own money to your kids who are away at university…
But that’s exactly what’s going on in Cyprus. And it [...]
dollarvigilante.com / Jeff Berwick / March 31st, 2014
In a TV address to a torn nation, Ukraine’s PM Yatsenyuk first implied heating prices would rise incrementally, and then later confirmed a plan to increase prices 100% in the next two years (and nearly 200% by 2017) as the cost of imported Russian gas is expected [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Tuesday, March 25, 2014 11:23 AM
Following the imposition of capital controls towards the end of February, Ukraine’s currency, the Hryvnia recovered a bit over a period of six days. Since then it has been nearly all downhill, losing to the US dollar in 10 out of the last [...]
zerohedge.com / by Tyler Durden / 02/28/2014 12:10 -0500
Yesterday we reported that as part of the Ukrainian central bank’s plan to bailout the nation’s largely insolvent private banks, it would provide any needed funding but only “if they will remain under open control of the National Bank of Ukraine.” And since the new [...]
Infowars.com / Paul Joseph Watson / February 17, 2014
Customers have to show ID, can no longer deposit cash into another person’s account
@karaxsue @ShepardAmbellas @PrisonPlanet new policy, starts in march, no longer can use cash; attempt to derail BTC? pic.twitter.com/m3urDKVGJ0
— Kristen Meghan (@KristenMeghan) February 17, 2014
Air Force veteran Kristen Meghan [...]
dollarvigilante.com / Jeff Berwick / February 14, 2014
The savings of 500 million Europeans is in danger of being stolen by the European Union. Why? Because the financial crisis is not over, according to an EU document.
In other words, what’s happened already in Cyprus – the stealing of savers’ money – will go [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Friday, February 14, 2014 3:56 PM
In a Ziet Online interview, Sahra Wagenknecht, Die Linke vice president and economic spokesperson, says the “The euro splits Europe” and there is no benefit to the EU.
ZEIT ONLINE: Ms. Wagenknecht, what is the biggest advantage of the European Union mean [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / February 06, 2014 6:45 PM
Yet another country has gone the route of capital controls hoping to stave off an outflow of currency. Bloomberg reports Ukraine Imposes Capital Controls as President Meets Putin.
Ukraine’s central bank imposed limits on foreign-currency purchases after its interventions [...]
dollarvigilante.com / Jeff Berwick / January 27th, 2014
First Chase limited cash withdrawals and money transfers on certain business accounts, then HSBC told its customers they had to prove why they were withdrawing cash. After that Lloyd’s ATM’s stopped working and China banned cash transfers and foreign currency conversions starting this week.
sovereignman.com / By Simon Black / January 23, 2013
January 23, 2014 Sovereign Valley Farm, Chile
As the saying goes, ‘desperate times call for desperate measures.’
The phrase is bandied about so frequently, it’s generally accepted truth. But I have to tell you that I fundamentally disagree with the premise.
Desperate times, in fact, call [...]
dollarvigilante.com / Jeff Berwick / 2014/1/17
We have been inundanted all week with interest in our “Crisis Conference” in Panama next month. The amount of interest has surprised even myself but the really surprising parts are all the stories we are hearing from those who want to attend.
Countless people have been telling us [...]
sovereignman.com / By Simon Black / December 3, 2013
At this point, you’d pretty much have to be living under a rock to have not heard of Bitcoin.
I actually asked this question (‘have you been living under a rock?) to someone recently who proudly proclaimed that he had never heard of Bitcoin, almost [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Monday, November 18, 2013 1:02 AM
In defiance of Prime Minister Manmohan Singh’s effort to suppress gold demand via capital controls and import duties, India’s tradition of gold buying cannot be stopped. Culture wins over political dictate.
Please consider Gold-Laden Brides in India Defying Singh as Culture [...]