"A perfection of means, and confusion of aims, seems to be our main problem"
~ Albert Einstein
Last week, the FDIC and the Fed issued a "Notice of Proposed Rulemaking"
to adopt the Basel III capital requirements. If this new rule is adopted as proposed,
gold would shift to a zero-risk weighting for purposes of calculating bank capital
by the year 2015. Such a move would eventually place gold at the heart of global
currency and payment systems -- seemingly a shift back towards a gold standard.
This action is a strong confirmation that gold's primary trend will likely
Catherine hosted Nick Bryant, author "The Franklin Scandal: A Story of Powerbrokers, Child Abuse, & Betrayal." This literary documentation shows the discovery of the child trafficking network across the U.S. and makes us ask: what is it, how is this still secret, and what can we do to protect ourselves? See the blog post.
Subscribers can download or listen to the MP3 file of the Report. A transcript will be available this week.
The Internal Revenue Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, Treasury Department investigators said Thursday. They estimate another $21 billion could make its way to ID thieves’ pockets over the next five years.
[CAF Note: I originally published this is April 2003. I am republishing as we explore ideas to rebuild income and employment.]
“Arise, shine: for thy light is come, and the glory of the Lord is risen upon thee.
For, behold, the darkness shall cover the earth, and gross darkness the people:
But the Lord shall arise upon thee and his glory shall be seen upon thee.
And the Gentiles shall come to thy light, and Kings to the brightness of thy rising.” –Isaiah 60:1-3
Nothing in this Solari Update should be taken as individual investment advice.
Anyone seeking investment advice for his or her personal financial
situation is advised to seek out a qualified advisor or advisors
and provide as much information as possible to the advisor in order
that such advisor can take into account all relevant circumstances,
objectives, and risks before rendering an opinion as to the appropriate