May 6, 2014
Annexation by Force; Three-Part Reality; Actions vs. Words; Paper Legalities
Read more here: Annexation by Force; Three-Part Reality; Actions vs. Words; Paper Legalities
Hard hitting global and local news
Hard hitting global and local news
Read more here: Annexation by Force; Three-Part Reality; Actions vs. Words; Paper Legalities
I invite you to read World risks deflationary shock as BRICS puncture credit bubbles by Ambrose Evans-Pritchard. It is a remarkable state of affairs that the G2 monetary superpowers – the US and China – should both be tightening into such a 20pc risk, though no doubt they have concluded that asset bubbles are becoming an even bigger danger
See more here: Start of a Global Currency Crisis?
Continue reading here: Canada Housing Bubble: Far Too Late for Warnings; Rule of Predictions
See more here: Gold Manipulation: Is it Illegal? Risk Free? What About JP Morgan?
India in Serious Trouble (and Gold at the Heart of It) Last week India’s trade minister, Anand Sharma, came out with a laughable suggestion: RBI should consider monetizing gold . India’s central bank should look into the possibility of monetizing gold holdings, trade minister Anand Sharma said on Thursday, in the latest proposal aimed at combating a yawning current account deficit that has hammered the rupee. It was not immediately clear whether Sharma was referring to the 557.7 tonnes of gold the Reserve Bank of India (RBI) holds in its own reserves, or gold in private hands
• XKeyscore gives ‘widest-reaching’ collection of online data• NSA analysts require no prior authorization for searches• Sweeps up emails, social media activity and browsing history A top secret National Security Agency program allows analysts to search with no prior authorization through vast databases containing emails, online chats and the browsing histories of millions of individuals, according to documents provided by whistleblower Edward Snowden. The NSA boasts in training materials that the program, called XKeyscore, is its "widest-reaching" system for developing intelligence from the internet. XKeyscore, the documents boast, is the NSA’s "widest reaching" system developing intelligence from computer networks – what the agency calls Digital Network Intelligence (DNI).
Now That’s Backwardation! Recall the definition of backwardation: Current price above future delivery price . There are many reasons this can happen with commodities, but the typical explanations are: temporary short-term supply shortage, expected future supply, or expected falling demand. Supposedly this can never happen with gold because " gold is money ".
Denning says Milton Friedman is the The Origin Of ‘The World’s Dumbest Idea’ . No popular idea ever has a single origin. But the idea that the sole purpose of a firm is to make money for its shareholders got going in a major way with an article by Milton Friedman in the New York Times on September 13, 1970.