Most people aren’t fooled. If something feels wrong then generally it is. While our compliant press avoid any discussion either positive or negative about zero interest rates (ZIRP) and now negative interest rates (NIRP)  where negative interest rates exist people are voting with their wallets. It’s buy a safe and buy as many large denomination…

Interesting graphs follow Gold prices are running away in the weaker countries. Source: Gold At New Highs – SLG Gold News

“…a moratorium on printing new high denomination notes would make the world a better place.” – Larry Summers, Harvard Professor Source: Larry Summers Launches The War On Paper Money: “It’s Time To Kill The $100 Bill” | Zero Hedge

The capitulation happening now in Japan reminds us of the abject failure of QE and massive money printing. Central bankers are clueless as to how to stimulate demand using Keynesian economic thinking. Check out some reasoning here Source: oftwominds-Charles Hugh Smith: Why NIRP (Negative Interest Rates) Will Fail Miserably

Ambrose Evans-Pritchard is an esteemed financial writer ‘This could go down in the history books as the death of Abenomics’ Source: Bank of Japan loses control as QE hits the limits – Telegraph

Bullion dealers report record sales as buyers “queue round the block” to purchase the precious metal Source: Investors ‘go bananas’ for gold bars as global stock markets tumble – Telegraph