Only in the gold market does huge demand equal a price collapse! I suppose the problem is they don’t buy Comex contracts in Dubai and India. As I mentioned on Twitter earlier today, the pile-on from gold bears is reaching extreme proportions, something like you’d expect near a bottom. I bought physical silver today for the first time in over a year.
There is not enough space on airlines flying in to Dubai to meet the rapidly rising demand for physical gold in the emirate since the price plunged to record lows this week.
The price drop led to a rush of buyers for Dubai gold from the Middle East, South East Asia, the Balkans, Turkey and parts of Europe according to Tarek El Mdaka, the managing director of Kaloti Gold in Dubai.
“I cannot find a place for transporting gold on Emirates, on BA on Swiss Airlines this weekend,” Mr El Mdaka said. “I am shipping in one-and-a-half to two tonnes of gold every day and it is going straight out.”
Were you under the impression that your credit card transactions are private? If so, I am sorry to burst your bubble. As you will see below, there are actually multiple government agencies that are gathering and storing records of your credit card transactions. And in turn, those government agencies share that information with other government agencies that want it. So if you are making a purchase that you don’t want anyone to know about, don’t use a credit card. This is one of the reasons why the government hates cash so much. It is just so hard to track. In this day and age, the federal government seems to be absolutely obsessed with gathering as much information about all of us as it possibly can. But there is one big problem. What they are doing directly violates the U.S. Constitution. For those that are not familiar with it, the following is what the Fourth Amendment actually says: “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.” Unfortunately, the Fourth Amendment is essentially dead at this point. The federal government is investigating all of us and gathering information on all of us all day, every day without end.
Many Americans have never even heard of the Consumer Financial Protection Bureau, but Judicial Watch has discovered that they are spending millions of dollars to collect and analyze our financial transactions…
Yes folks this is really happening. Don’t you just love how these crony crooks give awards to each other while the vast majority of the population can’t stand the sight of them? So not only is Jeb Bush set to present the 2013 “Liberty Metal” to Hilary Clinton, but apparently Jeb Bush is also Chairman of the National Constitution Center in Philadelphia! In an article that gives anything The Onion has ever published a run for their money, we find outthat:
Hillary Rodham Clinton will receive the 2013 Liberty Medal at the National Constitution Center in Philadelphia. Jeb Bush, the chairman of the Constitution Center, will present the award to Clinton at a ceremony scheduled for Sept. 10.
Both Clinton and Bush are potential contenders in the 2016 presidential elections, for opposing parties. But in a statement, the GOP’s Bush only accentuated the positive.
After the initial surge of web traffic to alternative news websites following The Guardian breaking the NSA spying story, traffic has slowed considerably despite the continued interest in the NSA story as well as other alternative headlines.
This dramatic drop in traffic may be due to broad censorship by the Department of Defense on “millions of computers”.
What began as a rumor that the military brass was ordering soldiers not to view news about the whistleblower revelations that the NSA is spying on all Americans has swelled into a confirmed military-wide censorship campaign using a high-tech computer filtering system.
The US News and World Report is reporting that the DoD is blocking access to all articles related to the NSA scandal from all DoD computers. The filter reportedly effects millions of computers and potentially thousands of alternative news and civil liberties websites.
A series of cities are in the grip of soaring temperatures this weekend. From Phoenix, to Las Vegas, to Death Valley in California, which set a world-record high a century ago.Death Valley was the hottest spot Saturday, reaching 127 degrees, and Arizona and Nevada continued in a record-setting heat wave that is forecast to last through Tuesday.
A very disturbing pattern is becoming evident all across the nation. For a country that has 5% of the world’s population yet 25% of the entire planet’s prisoners, we sure do seem to eager to bump that figure up even higher. My guess is the trend has a lot to do with the private prison system in the country, which means higher levels of incarceration equals higher profits. I think it also has to do with a troubling move toward criminalizing speech and an attack on the First Amendment generally. This particular case occurred in Austin, Texas and nineteen year old Justin Carter now faces eight years in jail for an insensitive joke on Facebook. Thanks to the site Texas Prison Bid’ness, we can gain some perspective on the private prison industry in the Lone Star State:
Justin Carter was 18 back in February when an online video game “League of Legends” took an ugly turn on Facebook.
Jack Carter says his son Justin and a friend got into an argument with someone on Facebook about the game and the teenager wrote a comment he now regrets.
“Someone had said something to the effect of ‘Oh you’re insane, you’re crazy, you’re messed up in the head,’ to which he replied ‘Oh yeah, I’m real messed up in the head, I’m going to go shoot up a school full of kids and eat their still, beating hearts,’ and the next two lines were lol and jk.,” said Carter.
“LOL” stands for “laughing out loud,” and “jk” means “just kidding,” but police didn’t think it was funny. Neither did a woman from Canada who saw the posting.
Justin’s dad says the woman did a Google search and found his son’s old address was near an elementary school and she called police.
Justin Carter was arrested the next month and has been jailed since March 27. He’s charged with making a terroristic threat and is facing eight years in prison, according to his dad.
Comedian Bill Hicks, who died in 1994 at 32 years old, was a brilliant American stand-up comedian, social critic, satirist, and musician. His unique comedy style and material largely consisted of general discussions about society, religion, politics, philosophy, patriotism and personal issues. He was never boring and is still more than relevant today:
I get a kick out of being an outsider constantly. It allows me to be creative. I don’t like anything in the mainstream and they don’t like me: Bill Hicks
Bill Hicks.. Do you remember him?
He was a truth teller but he did it with biting humor and satire.
It’s hard to forget him ~ particularly on Independence Day for he was in many ways, a true patriot.
Many consider him the best American humorist since Mark Twain.
He died too young of pancreatic cancer in 1994 but his work lives on.
Hicks sure was. He had a way of throwing hard reality at you and making you laugh at the same time ~ similar to Mark Twain.
I really miss Bill Hicks. If you don’t know who he was, these videos will let you know. If you knew him, I know you’re clicking on these right now.
You’ll be shocked at how clearly Bill Hicks saw the whole political game and how it was played ~ and that was over 20 years ago. With a few minor updates for today, he’d still be ahead of the cutting edge.
For example, Bill talks here about War, Freedom and what really makes him tick.
Bill also thought that most of our heroes were dead ~ and that included JFK.
” I love talking about the Kennedy assassination. The reason I do is because I’m fascinated by it. I’m fascinated that our government could lie to us so blatantly, so obviously for so long, and we do absolutely nothing about it. I think that’s interesting in what is ostensibly a democracy. Sarcasm – come on in. People say “Bill, quit talking about Kennedy man. It was a long time ago, just let it go, alright? It’s a long time ago, just forget it.” I’m like, alright, then don’t bring up Jesus to me. As long as we’re talking shelf life here.” Bill Hicks
So here’s Bill talking about a favorite subject ~ the JFK assassination
An earthquake could collapse the building at Los Alamos National Laboratory, N.M., where plutonium cores of nuclear bombs are produced, releasing deadly doses of radiation, the Department of Energy’s inspector general reported on Thursday
The IG also said systems designed to suppress fires in structures that store 5,600 containers of nuclear waste suffered from numerous pipe breaks and freeze damage. Forest fires in 2000 and 2011 resulted in evacuation of the lab and the city of Los Alamos.
The National Nuclear Security Administration, which manages the lab, dismissed earthquake concerns. “There is a rare probability of a seismic event occurring in Los Alamos of sufficient magnitude to cause a significant plutonium release from PF-4,” NNSA said, referring to the plutonium facility.
Greg Mello, director of the Albuquerque-based watchdog Los Alamos Study Group, said NNSA downplayed earthquake risks.
A convicted paedophile priest has claimed a gay prostitution ring has been operating within the Holy Roman Church, with clergymen hiring underage rent-boys for sex.
Don Patrizio Poggi, who served a five-year prison sentence for abusing teenage boys at his Rome parish, also told Italian authorities a former Carabinieri police officer recruited boys for nine clergymen, IBTimes reports.
Poggi told the police: “I decided to file this complaint and cooperate with the law after long reflection and after a painful history of abuse and misuse of power that I have overcome thanks to the faith that guides me.”
The 46-year-old, who has complained that the Vatican refused to reinstate him after he completed his prison sentence, added: “I feel obliged to protect the Holy Church and the Christian community since I am aware of grave facts that undermine their integrity and break canon and penal law.”
Poggi has reportedly handed the names of 20 alleged child abusers in the Roman clergy – including four serving priests and a Monsignor – to the authorities.
The president of the European Parliament, Martin Schulz, said he was “deeply worried and shocked about the allegations of U.S. authorities spying on EU offices” made in a report published Sunday by Der Spiegel. The latest round of NSA ‘transparency’ suggests U.S. intelligence agents bugged EU offices on both sides of the Atlantic, leaving some EU lawmakers calling for concrete sanctions against Washington – calling for an immediate investigation into the claims and suggesting that recently launched negotiations on a trans-Atlantic trade treaty should be put on hold. “If the media reports are accurate, then this recalls the methods used by enemies during the Cold War,” notes one German minister, adding that, “it is beyond comprehension that our friends in the United States see Europeans as enemies.” Schulz concludes, “It would be an extremely serious matter which will have a severe impact on EU-US relations.”
Senior European officials expressed concern Sunday at reports that U.S. intelligence agents bugged EU offices on both sides of the Atlantic, with some leftist lawmakers calling for concrete sanctions against Washington.
The president of the European Parliament, Martin Schulz, said he was “deeply worried and shocked about the allegations of U.S. authorities spying on EU offices” made in a report published Sunday by German news weekly Der Spiegel.