Posts by Jeff Berwick
Today Is the 45th Anniversary of The Most Destructive Event In Modern Monetary History
The US government, bankrupt yet again after another disastrous war of aggression, had its back pushed to the wall in 1971. Up until that point, foreign central banks could redeem US dollars directly with the US Treasury in exchange for gold. And, recognizing that the US was essentially bankrupt, foreign central banks, especially France, began…
Read MoreThe Planned Fracturing of the EU this Jubilee Year Continues: Greece, Italy, Spain Consider Exiting
When we started The Dollar Vigilante in 2010 we stated that the worldwide central banking fiat money system would collapse within the decade. It was just math. Government debt continues to mount and the only way to pay interest on the debt is to print more money. The US government, alone, has doubled its debt…
Read MoreNassim Taleb Warns The Biggest Black Swan Event of All Is Coming
We are at an incredible moment in history. US stock markets are at nominal all-time highs. Government bonds are at or near all-time highs. Yet, central banks worldwide sit at 0% interest rates or less because things are too precarious to even raise rates a paltry 0.25% for fear of collapsing the entire system. In “traditional” economics…
Read MoreHow I Made $15,000 in 12 Hours on the New Blockchain-Based, Social-Media Site Steemit
Here at The Dollar Vigilante, we are among the most prolific followers of cryptocurrency and blockchain technology developments. We’ve been covering bitcoin since $3 in 2011 and Ethereum since this January, and it has risen 600% since then. We’ve also covered numerous blockchain related companies including Arcade City, the new decentralized Uber killer app. All…
Read MoreDonald Trump Warns of ‘Very Scary Scenarios’ for Stocks Ahead
I’m not sure Trump is aware of this Jubilee year, but he certainly understands that the stock market is at a highly dangerous level. “Interest rates are artificially low,” Trump told Fox in an interview, HERE. “The only reason the stock market is where it is is because you get free money.” That is absolutely…
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