Bloomberg reported that Venezuelan President Hugo Chavez ordered his government to repatriate $11 billion in Gold held in banks abroad to safeguard the country from the economic crisis and said he’ll nationalize the local Gold industry. Venezuela has about 211 tons of its 365 tons of gold reserves held abroad at institutions including the Bank […]
Ron Paul Explains How The U.S. Is Already Defaulting
Dr. Ron Paul on Debt and Default The Federal Reserve began 100 years ago with one mandate: protect the currency of the United States of America. So, how has it done? Since then, the value of the dollar has plummeted 98%. I can remember doing service work for my dad’s business in the mid-80’s, AFTER then […]
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