“The smallest denomination of money is used for toilet paper, because it’s worthless.”
The world’s second-biggest currency trader (Deutsche Bank AG) is bullish on the greenback...
Sports Authority is going bankrupt... and you can profit from it.
The chart below (when clicked) shows the remarkable growth of retail giant Wal-Mart (WMT). It tracks the company’s first store opening in 1961 through 2010. In less than 30 seconds, one initial store balloons into 4,393 U.S. locations… Think about the chaos that roiled the markets over this time… The Kennedy assassination The Vietnam War […]
The margin against imposing martial law on 50 million citizens was “paper-thin”…
“Bond King” Bill Gross’ latest “Investment Outlook” notes the escalating War on Cash… There is a somewhat suspicious uniform attack on high denomination bills of global currencies. Noted economists such as Larry Summers; respected journalists such as the FT’s Gillian Tett, central bankers such as Mario Draghi—all seem suddenly concerned that 500 euro or 10,000 […]
Legendary investor Jim Rogers says the chance of a U.S. recession within one year is “100%”… In a recent Bloomberg TV interview, Rogers notes the long-term U.S. average for recessions is every four to seven years. It’s now been eight years since the last U.S. economic downturn. Rogers sees the economic turmoil in China, Japan, […]