Tag Archives: Treasury

U.S. Treasury Is Down to One Day of Cash

Economist John Williams says the Federal bank account at the US Treasury Department is down to just one-day’s estimated outlay, a dire situation that can only be papered over for a short time. Williams cites the May 28 Daily Treasury … Continue reading

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US Treasury Admits It Conducted A Circular Ponzi Scheme For Years

  Tim Geithner has admitted the Ponzi scheme currently in place by the US Treasury concerning Fannie Mae and Freddie Mac. This is why a fiat money system will always collapse: it is based on perception. In our case the … Continue reading

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The Fed’s Gold Is Being Audited… By The US Treasury

When we started reading the LA Times article reporting that “the federal government has quietly been completing an audit of U.S. gold stored at the New York Fed” we couldn’t help but wonder when the gotcha moment would appear. It was about 15 paragraphs … Continue reading

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