“We are taking additional steps to financially isolate the Cuban regime”. Here’s exactly how Mnuchin is implementing Trump’s Cuba policy…
Continue readingNew capital controls are specifically targeting a very common way many affluent families in China have used for years to get their savings out…
Continue readingNobody dares discuss it openly for fear of triggering a panic, but there aren’t enough lifeboats for everyone…
Continue readingPeople have said that by devaluing the yuan, China can offset the tariffs in the trade war, but the devaluation is doing more harm than good. Here’s why…
Continue readingGregory discusses how currency that we all have in our bank accounts has been put on notice, but that’s not the worst part. Here’s the details…
Continue reading“we are in a very late stage economic expansion cycle and about to enter a very early stage economic contraction cycle.” Here’s why…
Continue readingSo simple, yet utterly insightful. Koos Jansen just nailed it with only one sentence that cuts through all the rumors and speculation and speaks directly to the heart of the […]
Continue readingFinal boarding call…
Continue readingCash is being restricted to maintain control over the citizenry. Long lines, withdraw limits, capital controls, will all define the next crises in America.
Continue readingHot on the heels of China gold import restrictions, and India’s demonetization and gold confiscations, The European Commission proposed tightening controls on cash and precious metals transfers from outside the […]
Continue readingYesterday the US Mint runs out of silver eagles. Then today the news hits that all trading on the NYSE is “suspended” due to a “technical glitch.” The fuse has […]
Continue readingLike most locals, I’ve been steadily hitting the ATM for the past weeks to amass some emergency cash. I ventured out today for the first time since the capital controls […]
Continue readingWell, brothers, it has finally begun. The moment that all of us “crazy” stackers have been stacking silver for in the first place, has now arrived: the beginning of the end […]
Continue readingIf governments have proven anything to us over the last seven years, it is that they will do anything to keep the banks from going down. If just 10% of […]
Continue readingGold is an anti-currency. It’s a kind of asset that you own because you don’t have confidence in the paper currency issued by governments and central bankers. So with that […]
Continue readingToday’s big story: Greece orders local governments (municipalities) to turn over their cash which is obviously the beginning of capital controls… Greek citizens riot on this news.
Continue readingFrench paper Le Parisien didn’t mince words in the headline: “La chasse au cash est lancee”. Basically ‘hunting season on cash is launched’:
Continue readingHas the Justice Department just quietly instituted an early form of Capital Controls in the US?
Continue readingIn October, we warned SD readers that JPMorgan had initiated capital controls, limiting cash withdrawals, and banning outgoing international bank wires. The Morgue is at it again, reportedly at the […]
Continue readingJames Turk’s GoldMoney group has launched a new digital currency company (Netagio) in the UK which will offer free secure and encrypted storage for digital currencies such as Bitcoin. Netagio […]
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