Category Archives: Monetary System

“Money Launderer Until Proven Innocent” – Italy Imposes 20% Withholding Tax On all Inbound Money Transfers ……Courtesy of Zerohedge

“Money Launderer Until Proven Innocent” – Italy Imposes 20% Tax Withholding On All Inbound Money Transfers While the propaganda surrounding Europe’s “recovery” has reached deafening levels, what is going on behind the scenes is quite the opposite, and in the latest example that Europe is increasingly formalizing a regime of implicit capital controls, we learn […]

The Need For China To Buy Gold ….. by Koos Jansen

Original post at Koos Jansen site In Gold We Trust The Need For China To Buy Gold The other day Zero Hedge posted an image from a quarterly financial report from the Chinese central bank, the PBOC. When I first looked at it I thought for a minute the PBOC had announced a raise in their official gold holdings. Then […]