Jim Willie joined TFMetalsReport this weekend for a special holiday podcast. In this excellent report from the Hat Trick Letter editor, Willie discusses:
- This week’s announcement by Gazprom that they will begin accepting payment in rubles and yuan
- The escalation of US and EU sanctions against Russia and how they are failing/backfiring
- Willie explains the US’ motives for provoking Russia via Ukraine: To entice Russia to prematurely move to place the Ruble into a reserve currency status, and ultimately, to blame Putin/Russia for the coming US dollar collapse!
- The growing isolation of the US as a economic superpower
- The eventual emergence of a new global currency regime & collapse of the dollar
Click here for 60 full MUST LISTEN minutes of Pure Golden Jackass:
“She was offered a chance to appear on the Jay Leno TV chat show in the US, but decided she preferred to go on a school trip to the Lake District.” - Read my latest daily blog in full here
• SO IT GOES – John Fleming’s Blog
We discuss Burger King, yet another company fleeing America for yet another ‘free’ healthcare nation, Canada. Meanwhile, back in America naked incidents are on the rise and, in Europe, suicide tourism rises four-fold. In the second half, Max interviews Trace Mayer about bitcoin, central banking and geopolitics.
The more the Status Quo pursues the same old Keynesian Cargo Cult script of central planning and free money for financiers, the more self-liquidating the system becomes.
Judging by the mainstream media, the most pressing problems facing capitalism are:
1) income inequality, the basis of Thomas Piketty’s bestseller Capital in the Twenty-First Century, and
2) the failure of laissez-faire markets to regulate their excesses, a common critique encapsulated by Paul Craig Roberts’ recent book The Failure of Laissez Faire Capitalism.
These critiques (and many similar diagnoses) reach a widely shared conclusion: capitalism must be reformed to save it from itself.
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“NASA said they wanted her to publish her own research under her own name thus getting credit for what she had done.” - Read my latest daily blog in full here
• SO IT GOES – John Fleming’s Blog
Although the latest threat level rates the risk of an attack on the UK to “highly likely,” Home Secretary Theresa May stated that “there was no evidence to suggest one was imminent.” Well then.
It makes you wonder if the the change in threat level is being used in part to justify the extraordinary $80 million sum spent on building a fortress around the Newport and Cardiff city centers in Wales, which many are describing as “similar to the Berlin Wall,” or a “zoo,” in an unprecedented display of protection for many of the world’s most corrupt politicians.
Read more here.
Originally appeared at Bitcoinomics
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Everybody wants to know who Satoshi Nakamoto is, but why? After all, 70%, if not more, of all bitcoin code has been re-written since his first version of Bitcoin came online. Moreover, many of the people who helped Satoshi re-write the code have been open about their contribution. And in the spirit of open-source, all these individuals are “the creator of bitcoin.”
That’s the “commons approach” to incorporation. If you look at Bitcoin as a peer-to-peer corporation, then its earliest adopters are co-founders in a way. If Bitcoin were a traditional company, they’d certainly be C-Level executives.
In this view, Bitcoin lost one of its co-founders, one of its C-Level executives, yesterday. His name is Hal Finney. And when I write, “is,” I mean it…Hal has been cryopreserved. He looks forward to returning to an Earth sometime in the future, when there has been a cure for ALS.
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Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option.
Please understand I’m not suggesting professional sports isn’t the greatest thing since sliced bread: I’m simply asking if attending pro sports games has become unaffordable to the average American.
Who cares as long as we can watch the games for free on television, right? That raises another issue: in the next recession, will advertisers still pay billions of dollars for broadcast TV ads on sports channels when ads on mobile devices distributed via Big Data analysis can directly target the (shrinking) populace who still has disposable income to spend?
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Get Ready for a Fall 2014 World Commodity Bull Market Breakout!
Cycle analysis indicates the third and final 7-year tidal wave of the 21 year Grand Tsunami Gold Bull Market cycle began this past July 2014; Gold has been consolidating in the 7th year of sabbatical rest within a Symmetric Triangle and one final push lower is still possible before a breakout arrives this fall 2014 that lead to World Commodity Bull Market Breakouts!
There remains a very probable possibility of a commodity inflationary price spike and should this inflationary spike occur, Gold would easily achieve $2000 by year end.
If no inflationary spike arrives in 2014 (as cycle analysis favors it will occur) expect Gold to still close the year closer to $2000 than $1300.
The 7-year Gold cycle dictates a THIRD Gold Bull Market breakout comes this fall 2014 and runs for the next 7-years into the year 2020-2021! This THIRD and final Bull Market cycle will be nothing like the prior two 7-year cycles. Do not expect either of the 2 prior 7-year cycle tops to match the THIRD. In the end, the THIRD cycle will once again add up to 7-years and all 3 cycles will add up to one grand 21-year tsunami as Gold hits $10,000+!
Click here for more from Bo Polny on the 21 year super cycle & the coming 2014 gold breakout: