The End Of Our Empire Approaches

Do you have the nagging sense that our empire is in decline? If so, don't be embarrassed by it. Historically speaking, we’re in very good company. Far larger and longer-lived empires than ours have come and gone over the millennia. This was hit home for me on a recent trip. I scored a major "dad win" …

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As US Military Effectiveness and Diplomatic Efforts Fade into Irrelevance Many Countries Start Ignoring Washington

Diplomatic work continues in some of the areas with the highest geopolitical tensions in the world. In recent days there have been high-level meetings and contacts between Turkey, Iran and Russia over the situation in Syria; meetings between Modi and Xi Jinping to ease tensions between India and China; and finally, the historic meeting between Moon Jae-in …

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Gold Leaving US Vaults: Signs of Upcoming Currency War and Armed Conflict

The Turkish government has made the decision to repatriate all of its gold reserves that are currently housed in the US Federal Reserve System (FRS). Overall Turkey was storing 220 tonnes, valued at $25.3 billion, in the US, which it repossessed on April 19, 2018. Turkey’s President Recep Tayyip Erdogan has toughened his stance against the US dollar …

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Turkey will Repatriate All Gold from the US in Attempt to Ditch the Dollar

After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, this morning Turkey also announced that it has decided to repatriate all its gold stored in the US Federal Reserve and deliver it …

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China’s Gold Backed Petro-Yuan Challenges US Dollar Hegemony

Its introduction poses the first ever challenge to petro-dollar dominance. China is the world’s largest oil importing/consuming nation. Gold-backed petro-yuan futures trading began Monday on the Shanghai International Energy Exchange, part of the Shanghai Futures Exchange – letting Chinese and foreign traders buy oil in yuan instead of dollars. For the first time, petro-yuan trading …

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Economic Collapse: Will Cryptocurrency Save the Financial System?

In the second article of my three part series, I addressed how we got to the current state of this financial chaos. In this last article, I explain where we are heading and how cryptocurrency could be the last chance to create a sustainable economic system. Where to go from here? If trust and sustainability were the two conditions …

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Economic Collapse and Dollar Hegemony – How Did This Start?

n the previous article I explained why bitcoin should be considered a reaction to US dollar hegemony and how other nations and central banks are facing the crisis of the dollar brought on by de-dollarization. In this article I will go into how we came to this point and what mechanisms helped to bring about a debt-based society. In …

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