Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City. During this “secret meeting“, a company known as “Chain” unveiled a technology that transforms U.S. dollars into “pure digital assets”. Reportedly, there were representatives from Nasdaq, Citigroup, Visa, Fidelity, Fiserv and Pfizer in the room, and Chain also claims to be partnering with Capital One, State Street, and First Data. This “revolutionary” technology is intended to completely change the way that we use money, and it would represent a major step toward a cashless society. But if this new digital cash system is going to be so good for society, why was it unveiled during a secret meeting for Wall Street bankers? Is there something more going on here than we are being told? Read Article
Published on Apr 19, 2016- In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars. The new Yuan will be introduced on Tuesday, April 19.
N.Y Times Reports: U.S Giving Al Qaeda Millions of Dollars – infowar.com
The U.S. government says it has given al-Qaeda millions of dollars “largely because of poor oversight and loose financial controls,” reports The New York Times. The money, supposedly part of a secret CIA fund to pay kidnappers, was used by al-Qaeda for operational costs and weapons. The United States and Britain insist they do not pay ransom to terrorist groups. Details of the money transfers supposedly showed up in the papers of Osama bin Laden who was, according to the official war on terror narrative, killed in 2010 in Pakistan by U.S. Navy SEALs.
Continue reading “N.Y Times Reports: U.S Giving Al Qaeda Millions of Dollars”
The Baltic Dry Index (BDI) is used by economists and stock traders alike as a leading economic indicator because it predicts future economic activity. The index tracks in US dollars and measures global supply and demand for commodity shipments among bulk carriers including raw materials like lumber, coal, metallic ores, and grains. What makes this particular measurement so distinct from others, according to economic Howard Simmons, is that the BDI “is totally devoid of speculative content” because “people don’t book freighters unless they have cargo to move.”
When cargo is moving the price to move that cargo rises. During the boom-times of the mid 2000′s the Baltic Dry Index hit historical record highs of over $8000 for charter higher rates. It promptly collapsed under $1000 into mid-2008, just ahead of the stock market crash. Read Full Article