Bitcoins

Las Vegas casinos adopt new form of currency: Bitcoin

Who needs poker chips? There’s a new currency coming to Las Vegas casinos: the Bitcoin. Starting Wednesday, The D Las Vegas Casino Hotel and Golden Gate Hotel & Casino will begin collecting the digital currency that merchants increasingly are starting to accept. The two downtown Vegas properties, which share an owner, will accept the currency…

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unemployment1

Wall Street advisor: Actual unemployment is 37.2%, ‘misery index’ worst in 40 years

Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud. In a memo to clients provided to Secrets, David John Marotta calculates the…

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China Collapse

The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?

Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st?  We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in…

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Gold Bar

The Hows and Whys of Gold Price Manipulation

The deregulation of the financial system during the Clinton and George W. Bush regimes had the predictable result: financial concentration and reckless behavior. A handful of banks grew so large that financial authorities declared them “too big to fail.” Removed from market discipline, the banks became wards of the government requiring massive creation of new…

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Preparing for Economic Collapse

Six Likely Events That Will Follow an Economic Crash

  Travel Restrictions: This will begin with restrictions on foreign travel, including suspension/removal of passports. (This has begun in a small way in both the EU and US.) Later, travel restrictions will be extended within the boundaries of countries (highway checkpoints, etc.) Confiscation of wealth: The EU has instituted the confiscation of bank accounts, which can…

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Ukranian Protests

Up to 10,000 protesters clash with police at large Ukraine rally

Up to 100,000 Ukrainians massed in the capital Kiev today in defiance of sweeping new laws aimed at stamping out anti-government protests. The rally, the biggest this year in a cycle of pro-Europe protests convulsing the former Soviet republic for the past two months, was spurred by the legislation rushed through parliament last week and…

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Commie China

UN climate chief: Communism is best to fight global warming

United Nations climate chief Christiana Figueres said that democracy is a poor political system for fighting global warming. Communist China, she says, is the best model. China may be the world’s top emitter of carbon dioxide and struggling with major pollution problems of their own, but the country is “doing it right” when it comes…

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