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| Mickey Fulp - Mercenary Geologist |
The Never-Ending Wars of the United States of America |
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefiMonday, November 23, 2020 |
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| Keith Weiner - Monetary Metals |
The Fed’s Passive Aggressive Play |
Singing the song of rising rates
Last week, we took a break from the theme of the consumption of capital, for our annual Outlook 2018 report. We are going to leave the topic for one more week, while we address a market move which is on everyone’s mind.
Are interest rates now in a rising cycle?
The Fed has been singing the song of rising rates since Yellen hinted at it in September 2014. The Fed’s first hike was December 2015. Here is a graph showing the Fed Funds Rate, which the Fed controls, wiMonday, February 5, 2018 |
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| Jim Willie CB - Hat Trick Letter |
Silver as a Strategic Metal and Why Prices Will Soar |
The arguments in favor of silver as an investment asset are growing rapidly. In the opinion of the Jackass, silver is the most under-valued hard asset in existence, with the highest potential for price appreciation on the globe. To begin with, central banks own no silver, but do own huge tracts of gold. Industry has huge demand for silver, but a trifling amount for gold demand. The investment demand is another key factor in favor of silver, but also for gold. Ever since the tech telecom bust in Sunday, January 21, 2018 |
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| Mish - Global Economic Analysis |
Reflections On "Pushing the Wrong Button" and US Drone Policy |
A “ballistic missile threat inbound to Hawaii” notification was caused by an employee who "pushed the wrong button."
Wrong Button
ABC News reports an [emergency alert notification] (http://wnep.com/2018/01/13/wrong-button-pushed-during-shift-change-blamed-for-false-hawaii-missile-alert/) sent out on Saturday claiming a “ballistic missile threat inbound to Hawaii” was a false alarm caused by an employee pressing the “wrong button” during a shift change, according to Hawaii Gov. David Ige.
‘WrongThursday, January 18, 2018 |
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| Gary Christenson - Sprott Money |
The Dorothy Chronicles - Gary Christenson (21/12/2017) |
L. Frank Baum wrote “The Wonderful Wizard of Oz” over a century ago.
The story charms readers on several levels. The books and movie have
been exceptionally popular.
This interpretation describes the symbolism:
Emerald City: Greenbacks – paper money
Yellow Brick Road: The gold standard backing money
Dorothy’s Silver Slippers: Silver standard backing money (changed to Ruby color in the movie)
Scarecrow: Populist Midwestern farmers, perceived to be brainless by northern bankers
Tin Man: Friday, December 22, 2017 |
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| James Howard Kunstler |
Abracadabra |
And so, as they say in the horror movies, it begins…! The unwinding of the Federal Reserve’s balance sheet. Such an esoteric concept! Is there one in ten thousand of the millions of people who sit at desks all day long from sea to shining sea who have a clue how this works? Or what its relationship is to the real world?
I confess, my understanding of it is incomplete and schematic at best — in the way that my understanding of a Las Vegas magic act might be. All the flash and dazzle conceals theTuesday, December 12, 2017 |
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| Andy Hoffman - Miles Franklin |
The Wizard of Oz – 2017 Version |
Frank Baum wrote “The Wonderful Wizard of Oz” over a century ago. The story charms readers on several levels. The books and movie have been exceptionally popular. This interpretation describes the symbolism:
Emerald City: Greenbacks – paper money
Yellow Brick Road: The gold standard backing money
Dorothy’s Silver Slippers: Silver standard backing money (changed to Ruby color in the movie)
Scarecrow: Populist Midwestern farmers, perceived to be brainless by northern bankers
Tin Man: Dehumanized Friday, December 1, 2017 |
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| Mish - Global Economic Analysis |
Micro Assassination Drones Fit In Your Hand |
Micro Assassination drones with facial recognition capabilities fit in your hand. The video below shows how they work.I cannot tell the date of that video, only the date of the Tweet itself.
Drone Miniaturization, Facial Recognition, Kamikaze Missions
On June 9, 2014, Natural News reported Tiny, low-cost drones may one day assassinate corrupt politicians, corporate CEOs and street criminals.
From studying trends in drone development, both in terms of software and hardware, I am now predictingMonday, November 20, 2017 |
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| Gary Tanashian - Biwii |
"Great Rotation" Ahead; Will it Be Inflationary or Deflationary |
By Gary Tanashian[edit] This article ultimately leans toward the view that the reasons for a rising curve will be inflationary. But I woke up in the middle of the night and my thoughts drifted to the components of the article (yeah, that’s pretty sad, I know), and with further consideration I am leaning toward neutral or even a bit into the deflationary camp. The reasons will be the stuff of another article.Think back to the blaring headlines about the Great Promotion Rotation in the financial mMonday, October 23, 2017 |
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| Mac Slavo - ShtfPlan |
Kalashnikov Unveils New Anti-Drone Weapon |
While most western countries are reverting back to medieval technology to combat the use of drones, legendary Russian arms manufacturer Kalashnikov, makers of the AK series, has developed an advanced anti-drone gun. Drones are now becoming more widely available, therefore, anti-drone technology is becoming a major field in the defense industry.
Of course, Kalashnikov is leading the pack in anti-drone warfare. Built on the MP-514K rifle system, the fully modular device comes equipped with interchThursday, September 7, 2017 |
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| Mac Slavo - ShtfPlan |
A Robot Army Just Made The Biggest Gold Discovery Of The Century |
This report from OilPrice.com is a paid advertorial
Prospectors have mined 20 million ounces of gold from the Yukon’s famous Klondike since the Gold Rush. But they haven’t been able to find the original source—the multi-billion-dollar bedrock.
Until now.
A famous geologist armed with the latest in drone tech and robo-drills is certain he’s just found it.
This is the Mother Lode of Klondike gold that countless prospectors have been trying to get at for over a century.
It makes the 20 million ounMonday, August 21, 2017 |
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| Sprott Money |
Debt, Dollars, DOW, War, Silver, and Shirts |
Yes, they are
connected.
Dollars are created as debt.
More dollars in circulation = more debt.
More debt means consumption is “pulled forward” from the
future so consumption can occur now.
This usually ends badly.
Commercial banks and central banks have created trillions of
new dollars. Each new dollar devalues every other dollar currently in
circulation, in savings, and in pension accounts. Prices rise!
Wars are costly, kill people and produce little. Governments like wars because tFriday, August 18, 2017 |
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| Mac Slavo - ShtfPlan |
Watch: Startling Drone Footage Shows What Mosul Looks Like After 8 Months Of Fighting |
Despite being outnumbered 15-1, ISIS forces swiftly captured the Iraqi city of Mosul in 2014, before declaring their monstrous caliphate. It was the victory that put them on the map, and it left hundreds of thousands of refugees in its wake. But three years later, Iraqi forces have nearly finished retaking the city, and are in the process of mopping up the few remaining ISIS fighters who are clinging to several acres of territory along the Tigris river. It’s taken 8 months of near constant fightTuesday, July 4, 2017 |
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| Mish - Global Economic Analysis |
Facebook’s Solar Powered Drone has Successful Test Flight: Potential Internet Access to Billions |
Four billion people on the earth have no internet access. That will change if Facebook founder Mark Zuckerberg’s solar powered drone plan works.
A previous trial of his drone ended with a crash landing, but a May 2017 Test of the Aquila Drone was a huge success.
Facebook founder Mark Zuckerberg’s long-term plan for the drone, called Aquila, is to have it and others provide internet access to 4bn people around the world who are currently in the dark.
“When Aquila is ready, it will be a fleet oTuesday, July 4, 2017 |
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| Richard Mills - Ahead of the Herd |
Deveron UAS: First Mover Advantage in $32B Ag Market for Drones |
A Brief History of Drones
Unmanned aerial vehicles (UAVs), or drones, have been around for the better part of a century, but it wasn't until the early 1990s that drones entered the popular lexicon, mostly through their use in stealth military applications.
The first “drone” (named for making a sound similar to a male bee) was actually a boat. Introduced at an exhibition at Madison Square Garden in 1898, inventor Nikolas Tesla used voice commands (actually radio frequencies) to make the unmanSunday, July 2, 2017 |
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| Mish - Global Economic Analysis |
Amazon Unveils Patented “Behive” Drone Delivery System for Cities |
Amazon fulfillment centers, typically single-story warehouses located in suburbs, do not meet its goal of low-cost deliveries to city dwellers.
Amazon’s patented solution is multi-story, drone-delivery behive center warehouses smack in the middle of major cities.
Will this work?
If Amazon has its way, cities around the US will have vertical drone centers shaped like giant beehives in the middle of downtown districts, allowing the online retailer to coordinate speedy deliveries by unmanned aircMonday, June 26, 2017 |
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| Andy Hoffman - Miles Franklin |
Valuation Anomalies Suggest Historic Precious Metal Lows |
Today, we’re going to start with an interview with billionaire Frank Giustra – perhaps, Canada’s most famous mining stock promoter. Who, in this interview, comes as close to accusing gold of being manipulated as mainstream investors are “allowed.”
Do you think the gold market is manipulated?
No, I don’t think it is manipulated. Manipulation is a strong word. But I do believe it is managed, by the policy makers who need to keep confidence in a system when it goes sideways. Any major spike in tWednesday, June 21, 2017 |
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| Richard Mills - Ahead of the Herd |
Dr. Drone |
Economist Joseph Schumpeter introduced innovation economics in his 1942 book Capitalism, Socialism and Democracy. Schumpeter said that industries must incessantly revolutionize the economic structure from within by innovating with better or more effective processes and products.
We can define, or limit the term "innovation" to a product, or process that’s original, that’s more effective, and as a new application better meets new requirements or existing market needs.
Disruptive Innovation
A dSaturday, June 17, 2017 |
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| USA GOLD - USA Gold |
U.S. downs pro-Syrian drone that fired at coalition forces |
Reuters/06-08-17
The United States shot down a pro-Syrian government drone that fired toward U.S.-led coalition forces in Syria on Thursday, a U.S. military spokesman said, in a major escalation of tensions between Washington and troops supporting Damascus.
The armed drone “hit dirt” and there were no injuries or damage done to the coalition patrol in southern Syria. But U.S. Army Colonel Ryan Dillon, a spokesman for the U.S.-led coalition fighting Islamic State, told reporters the drone meant tFriday, June 9, 2017 |
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| Graham Summer - Gains Pains & Capital |
Warning: Startup Societies are Disrupting Government |
Via The Daily Bell
Startup societies are disrupting the industry called government. New methods of governance are being experimented with that promise to make the old dinosaurs of social control go extinct.
When new governments are formed, people can vote with their feet for the best style of governance.
If people want to join a commune, they can go right ahead, but they won’t be able to force others into the mix with them.
That means the people who want to innovate, start a business, create weaMonday, June 5, 2017 |
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