GlobalIntelHub2

Trans Pacific Partnership (TPP) secret negotiations document released

Wikileaks released today a previously secret document outlining what would be the largest economic treaty ever.  From their press release: Today, 13 November 2013, WikiLeaks released the secret negotiated draft text for the entire TPP (Trans-Pacific Partnership) Intellectual Property Rights Chapter. The TPP is the largest-ever economic treaty, encompassing nations representing more than 40 per cent […]

Continue Reading
GlobalIntelHub2

Russian lawmaker proposes banning US Dollar

In a shot across the bow, a Russian lawmaker has proposed a bill making it illegal to posses US Dollars in Russia, including US Dollar denominated bank accounts.  Russian citizens would be able to utilize US Dollars while abroad, and operations could still be engaged by the central bank.  From the Washington Times: MOSCOW — […]

Continue Reading
GlobalIntelHub2

Retail investors become private subprime lenders

Middle class boomers have become desperate to fund their retirements, as a low interest rate environment is killing their annuities and other fixed income components of their IRAs and 401ks.  Their generation has a component who simply doesn’t feel comfortable with stocks, due to their volatility and risk, going for more solid steady returns of […]

Continue Reading
GlobalIntelHub2

What Is Free Banking, and Why Should I Care?

The establishment has invested heavily in the current system, including the education of the system.  There is a pervasive thinking that our current system is the ‘best’ and the ‘only’ modern financial system viable.  But history has shown more than 50 examples of free banking systems (not managed by central banks) that have produced excellent […]

Continue Reading
GlobalIntelHub2

Backup your electronic assets

Most information today is in electronic form, saved on your home or office PC (or server).  Even if you are not in the computer business, it’s important to have a backup of your electronic records, software, pictures (such as scanned copies of your Passport and other ID).  For any size environment, we recommend the following […]

Continue Reading
GlobalIntelHub2

Prepping community grows in the US, fueled by fear of US Dollar collapse

“Prepping” as it is commonly known, is a community of people who prepare for various kinds of systemic meltdown, whether it be social, financial, planetary (asteroid strike), natural disaster, or EMP event.  The idea has gained so much interest it’s nearly an industry in itself, with trade shows attracting vendors and middle class consumers with […]

Continue Reading
GlobalIntelHub2

Statistically speaking, Americans should be more fearful of the local cops than “terrorists.”

5,000 civilians have been killed by police since 9/11 which is about the number of soldiers killed in the Iraq war.  Domestic police forces in the US are looking more and more like paramilitary units, by acquiring used military weapons and gear, from M-16 rifles to armored vehicles.  Though Americans commonly believe law enforcement’s role […]

Continue Reading
GlobalIntelHub2

SAC Capital pleads guilty to fraud

SAC Capital, once thought to be a world leading money manager, has plead guilty to four counts of securities fraud and one count of wire fraud. Steve Cohen’s SAC Capital Advisors hedge fund pleaded guilty to fraud charges Friday as part of a $1.2bn deal to resolve a long-running insider trading investigation. At a court […]

Continue Reading
GlobalIntelHub2

Real US Economy Trampled by White Elephants

Marc Faber points out the growing disconnect between the real economy, and the financial economy, referring to asset bubbles as “white elephants.” In a real economy, the debt and equity markets as a percentage of GDP are small and are principally designed to channel savings into investments. In a financial economy or “monetary-driven economy,” the […]

Continue Reading
GlobalIntelHub2

Goldman Sachs under investigation for Forex manipulation

Goldman Sachs is the latest Forex trading bank to be added to the list of banks being investigated for rigging of Forex rates used to price other derivatives, and for benchmarking purposes, known as the WM/Reuters rates.  However the investigation against Goldman Sachs also includes commodities, options, and technology systems.  Bloomberg reports: Goldman Sachs Group […]

Continue Reading