Tag Archives: gold

Still banking on the banks?

European banks are technically bankrupt Youtube.com – Max Keiser – Jul 13, 2012 Most people assume that a bank takes in a deposit, and then they loan that deposit out, and this creates liquidity in the system. That’s false. In … more

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Gold for oil

The Best Reason in the World to Buy Gold Forbes – GORDON G. CHANG – Apr 22, 2012 Beijing is planning to avoid U.S. financial sanctions on Iran by paying for oil with gold. China’s imports of the metal are … more

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Democracy: in business of plundering

Jewellers say non-branded gold to cost more Zee News – Mar 19, 2012 In the 2012-13 Budget, the government proposed to levy 1 percent excise duty on non-branded gold jewellery too besides doubling import duty on gold to 4 percent.

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Gold currency is honest money

Srila Prabhupada offered the solution to all this economic nonsense and its consequences way back in 1962!

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