Bloomberg


Fiancial Collapse looming ahead?

Central Banks all over are scurrying to buy up as much gold as they can. Several stories are breaking around the planet on this. Keep your eye on the prize people. Senator Ron Paul has been warning us for some time, but did we listen? Ron Paul Statement on Bernanke Hearing SPRINGFIELD, Virginia– Ron Paul, Campaign for Liberty Chairman, and former Chairman of the House Financial Services Subcommittee on Monetary Policy issued the following statement today regarding Federal Reserve Chairman Ben Bernanke’s testimony before the House Committee on Financial Services: “While I certainly don’t miss Congress, where politicians are constantly […]


Belize Prime Minister Announces New Debt Terms on Defaulted Bond

By Adam Williams – Feb 12, 2013 12:32 PM CT Belize’s government proposed extending maturities and cutting the coupon on the country’s $544 million of defaulted debt as part of the Central American nation’s second debt restructuring since 2007. Prime Minister Dean Barrow’s plan would extend the maturity on the defaulted bonds to 2038 from 2029 and lower the current coupon to 5 percent from 8.5 percent. Barrow, speaking to the lower house in Belmopan, said the agreement would provide the country $247 million in relief over the next 10 years. “There is no reason to fear that with this […]