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Posts Tagged ‘Money- Laundering’

The War on Cash Is Still Good for Gold Prices

In a world where nothing larger than a $10 bill exists, hoarding cash would be highly impractical. As paper currency is phased out, gold prices will rise. Were cash eliminated and interest rates plunged underwater, gold’s role as a store of value would become even more apparent and demand for the yellow metal would turn red hot, despite its price appreciation.

Life In A Cashless World: How Cash Became A Policy Tool

The people now intensively working on a mechanism for a cashless society are building it around the concept of blockchain technology. In essence, there would be a single ledger that records each expenditure or revenue event (the block), linking them chronologically with every other subsequent purchase, sale, or revenue event in a recorded chain.

Turkey's "200 Tons Of Secret Gold" Trade With Iran

Turkey’s Oil-for-Gold ‘deals’ included classic money-laundering techniques of over-invoicing & false invoicing. The network spanned Turkey, China, Dubai & Iran & the exposure of this scheme won’t slow Turkey’s manipulation. It’s trade balance continues to fluctuate unpredictably as gold stocks flow out of the country in bursts.

Of Paper Money, Digital Money (Bitcoin) And Gold

Money – authentic money must be the most marketable of all commodities. This is why gold is money! Silver follows in second place. No fiat currency has ever been successfully introduced into circulation without a monetary value ultimately derived from when that currency was gold or silver money.

What Does the Market Say - Is Bitcoin A Revolution Or A Trap?

From under $20 at the beginning of 2013 it rose to $240, crashed to below $100, and then in one dramatic arc soared to more than $1,000. The market value of Bitcoin in early 2014 exceeded $10 billion and the number of merchants willing to accept it was soaring. The market appears to have spoken.

Banks Disparage Gold Ownership and Engage in Largest Financial Crime Spree

As we enter 2014 and amid a list of bearish reports on gold, issued by most of the major Western banks, the flow of gold from the West to the East continues while Western banks are found guilty of a multitude of criminal activities including market rigging, insider trading, just to mention a few.

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