In its prolonged freezing of Venezuelan assets, the UK continues to withhold 31 tons of its gold stored at the Bank of England, with a new Supreme Court ruling supporting the seizure. The recent decision, CNN reported, “ruled that recognition of heads of state and government was solely the responsibility of the British government, which had recognized [opposition leader Juan] Guaidó as Venezuela’s... 

Mark Carney, the governor of the Rothschild’s Bank of England, issued a warning that companies and industries that are not moving towards zero-carbon emissions will be punished by investors and go bankrupt: Mark Carney also told the Guardian it was possible that the global transition needed to tackle the climate crisis could result in an abrupt financial collapse. He said the longer action to reverse... 

The trend is accelerating, just as I predicted it would. Countries all over the globe are growing anxious, as the geopolitical atmosphere of the world continues to heat up, threatening to hit a boiling point. Central bankers and government officials who see the world through an unfiltered, non-rose-tinted lens are well aware of this, and are beginning to take the necessary actions required to protect... 

The Bank of England (BoE) is refusing to release around $550 million in gold owned by Venezuela back to the country over the UK regulator’s claim of growing uncertainty about Caracas’s intentions for the 14 tons of gold bars. British officials are insisting that measures aimed at preventing money-laundering are taken, The Times reports. The Venezuelan government is reportedly expected to provide... 

The Bank of England reportedly established a special research unit to study cryptocurrencies and could introduce the national cryptocurrency next year. The Bank of England could give an approval on introduction of the national cryptocurrency already in 2018, local media reported. The Telegraph newspaper reported Saturday that the Bank of England established a special research unit in February 2015... 

Following the British vote to leave the European Union, markets around the world slipped into free fall on Friday. Sterling fell to a low not seen since 1985, far below its value during the 2008 financial crisis. It lost parity against the dollar and the euro, but Mark Carney, Governor of the Bank of England and Chairman of the G20’s Financial Stability Board, said not to worry. The bank announced... 

Just yesterday, we recounted the story of “Black Wednesday” when on September 16, 1992, the UK was forced out of the EU’s exchange-rate mechanism, or ERM, when the BOE tapped out and allowed the British pound to float freely, leading to 15% losses in the sterling. As we noted, this was George Soros’ infamous trade which “broke the Bank of England” and made the Hungarian richer by over... 

The Ministry of Finance (MoF) is reporting today that British banking giant HSBC is nearing a total collapse after its having lost a staggering nearly $1 trillion due to the ongoing Great 2015 Global Market Crash and earlier today it completely ran out of cash to pay its obligations and depositors. According to this report, HSBC is a multinational banking and financial services company headquartered... 

Economist Martin Armstrong claims there is a “secret meeting to end cash” set to take place in London before the end of the month involving representatives from the ECB and the Federal Reserve. Armstrong, who is known for successfully predicting the 1987 Black Monday crash as well as the 1998 Russian financial collapse, expressed his shock that no news outlet has reported on this upcoming conference. “I... 

A former Bank of England economist has called for a total ban on cash and its replacement with credit accounts controlled directly by governments. In a column for the London Telegraph, fund manager Jim Leaviss all but advocates economic fascism as a means of enabling authorities to respond to financial crises better by implementing a “cashless society.” “Forcing everyone to spend only by electronic... 

George Soros Railway porter-turned-billionaire Jewish financier George Soros delivered a stark warning last night that the financial world is on the wrong track and that we may be hurtling towards an even bigger boom and bust than in the credit crisis. The man who broke the Bank of England (and who is still able to earn a cool $3.3 bln in a year) said the same strategy of borrowing and spending that... 

The man about to break the euro? George Soros is said to be placing large bearish bets against the single currency A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro. Representatives of George Soros’s investment business were among an all-star line up of Wall Street investors at an ‘ideas dinner’ at a private townhouse...