War on Cash

This tag is associated with 29 posts

Welcome To The War On Cash: ECB Ends Production, Issuance Of €500 Banknote

The European Central Bank is to phase out the €500 (£400) note, nicknamed the “Bin Laden” because of its association with money-laundering and terror financing – and because while many people know what it looks like, few have ever seen one. The ECB announced on Wednesday that the fuchsia-coloured bills, the highest denomination of the … Continue reading

The War On Savings: The Panama Papers, Bail-Ins, And The Push To Go Cashless

By Ellen Brown Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds. The bombshell publication of the “Panama Papers,” leaked from a Panama law firm specializing in shell … Continue reading

Move Your Money “Underground” Before The Global Bank Run Begins

By Justin Spittler, Casey Research It’s getting harder to pull your money out of the bank. J.P. Morgan Chase, one of America’s largest banks, recently made a major change in how it handles cash. Noncustomers can now only withdraw $1,000 a day from its ATMs. The change applies to 18,000 ATMs nationwide. It’s one of the first … Continue reading

The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals

By Mac Slavo Last month All News Pipeline warned that major banks were preparing to tighten the screws on American account holders starting April 1st. It appears that the lock-down of cash has begun. Citing criminal activity as a factor, JP Morgan is limiting cash withdrawals at ATM machines. The bank said there doesn’t appear to … Continue reading

The Role Of Gold In The Cashless Society Revealed By Jim Rickards

The world is running fast into a Cashless Society controlled almost exclusively by the Central Banksters of the world. But what role does gold play in a world where cash doesn’t exist? Jim Rickards, Financial Threat and Asymmetric Warfare Advisor for the CIA, American lawyer, economist, investment banker with 35 years of experience on Wall … Continue reading

Jim Rickards Explains How Negative Interest Rates Will Affect Americans And Investors Worldwide

Everyone is asking about “Negative Interest rates’ but what are they? Will I be affected by them? Jim Rickards, Financial Threat and Asymmetric Warfare Advisor for the CIA, American lawyer, economist, investment banker with 35 years of experience on Wall Street, and best selling author joins The Next News Network‘s Gary Franchi to answer the question. … Continue reading

Marc Faber On The War On Cash And Why The Mainstream Still Hates Gold

By Mike Gleason, Money Metals Exchange Mike Gleason: It is my privilege now to be joined by a man who needs little introduction, Marc Faber; editor and publisher of The Gloom, Boom & Doom Report. Dr. Faber has frequently appeared on financial shows across the globe and he’s a well-known Austrian school economist, and an investment … Continue reading

Another Financial Institution Joins The Rebellion: World’s Largest Reinsurance Company Stockpiles Cash And Gold

By Simon Black, Sovereign Man Last year, amid all the madness in financial markets, financial historian and strategist Russell Napier joked about creating a “European high-yield capital guarantee fund.” His “high-yield” fund was nothing more than a secure room filled with physical cash, and a guy standing outside with a gun to guard it. As jokes tend … Continue reading

Your Money In The Bank May Be Gone Or Worthless In 5-7 Years

By Egon Von Greyerz, Goldbroker.com For anyone who has money in the bank today, it is virtually guaranteed that in the next 5-7 years either the bank will be gone or the money will be worthless, or probably both. Governments and Central Banks are now supreme experts in the total destruction of your money. They are … Continue reading

How Negative Interest Rates Will Turbocharge The Migrant Crisis

By Nick Giambruno, Casey Research In the 1989 Batman movie, the Joker (played by Jack Nicholson) showers a crowded Gotham street with free money. In the scene, it looks like it’s raining hundred-dollar bills. The people love it. Little do they know, the money is actually a trap. Once the Joker has lured them into … Continue reading

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