He has worked for British, French and American companies operating in the commodity markets, especially the London Metal Exchange (since 1982).
The central aim of the party is the UK’s withdrawal from the European Union and to regain control of this nation’s governance through our own Parliament at Westminster.
Nigel was a Conservative activist from his schooldays until the overthrow of Margaret Thatcher; John Major’s signing of the Maastricht Treaty brought his membership to an end.
Listen Now @ KingWorldNews.com
by Sean Kerrigan, SeanKerrigan.com:
The
Department of Homeland Security regularly warns us to be aware of our
surroundings and to watch for suspicious activity. They also warn us to
watch for actions that may look harmless, but might also be a symptom
of a more serious threat.
Some of us wonder if being so suspicious of our fellow citizens is a good thing. They say the price of freedom is eternal vigilance and we should be ready to make judgments when we see dangerous activity. So let me take this opportunity to tell you what I see.
I see a government approaching levels of totalitarian control that was unimaginable even a few years ago. The Fourth Amendment to the Constitution, which protects you from unreasonable search and seizure, is gone. Nude Body scanners and invasive pat down searches are a prerequisite for air travel. The supreme court agrees the government has the authority to strip search you at any time for any reason, even if you are arrested for a simple traffic stop.
Read More @ SeanKerrigan.com
The
Department of Homeland Security regularly warns us to be aware of our
surroundings and to watch for suspicious activity. They also warn us to
watch for actions that may look harmless, but might also be a symptom
of a more serious threat.Some of us wonder if being so suspicious of our fellow citizens is a good thing. They say the price of freedom is eternal vigilance and we should be ready to make judgments when we see dangerous activity. So let me take this opportunity to tell you what I see.
I see a government approaching levels of totalitarian control that was unimaginable even a few years ago. The Fourth Amendment to the Constitution, which protects you from unreasonable search and seizure, is gone. Nude Body scanners and invasive pat down searches are a prerequisite for air travel. The supreme court agrees the government has the authority to strip search you at any time for any reason, even if you are arrested for a simple traffic stop.
Read More @ SeanKerrigan.com
from KingWorldNews:
Four decade veteran John Hathaway, told King World News “I was in
California last week and I met with a lot of people. They are buying
physical gold. Wealthy, private investors are buying gold.” The
prolific manager of the Tocqueville Gold Fund also said, “we are
starting to see a lot of central bank buying of gold.” Hathaway had
this to say about gold bouncing solidly off the low $1,500 level:
“That’s very encouraging. That was a very good test of the December low
at $1,523, and it seems to me we are in good shape for six months or
more. It could be (gold gaining) for the next two years.”
John Hathaway continues @ KingWorldNews.com
Four decade veteran John Hathaway, told King World News “I was in
California last week and I met with a lot of people. They are buying
physical gold. Wealthy, private investors are buying gold.” The
prolific manager of the Tocqueville Gold Fund also said, “we are
starting to see a lot of central bank buying of gold.” Hathaway had
this to say about gold bouncing solidly off the low $1,500 level:
“That’s very encouraging. That was a very good test of the December low
at $1,523, and it seems to me we are in good shape for six months or
more. It could be (gold gaining) for the next two years.”John Hathaway continues @ KingWorldNews.com
by John Rubino, DollarCollapse.com:
Think of devaluation as the monetary equivalent of the “tragedy of the commons”. In a nutshell, if everyone owns something, it is in each individual’s interest to grab what they can as quickly as possible, which soon depletes the resource.
With currency exchange rates, as with fisheries and sheep pastures, there’s an advantage for those who move first and pain for those who dither. Consider Iceland’s nearly-instantaneous recovery from its epic banking crash:
In European Crisis, Iceland Emerges as an Island of Recovery
VESTMANNAEYJAR, Iceland—Three and a half years after Iceland collapsed in a heap, Dadi Palsson’s fish-processing plant has the air of a surprising economic recovery.
Mr. Palsson arrived at 4 a.m. on a recent workday. Twelve tons of cod were coming in. Soon, his workers would bone, slice and pack the fish for loading onto towering container ships headed abroad.
Read More @ DollarCollapse.com
Think of devaluation as the monetary equivalent of the “tragedy of the commons”. In a nutshell, if everyone owns something, it is in each individual’s interest to grab what they can as quickly as possible, which soon depletes the resource.
With currency exchange rates, as with fisheries and sheep pastures, there’s an advantage for those who move first and pain for those who dither. Consider Iceland’s nearly-instantaneous recovery from its epic banking crash:
In European Crisis, Iceland Emerges as an Island of Recovery
VESTMANNAEYJAR, Iceland—Three and a half years after Iceland collapsed in a heap, Dadi Palsson’s fish-processing plant has the air of a surprising economic recovery.
Mr. Palsson arrived at 4 a.m. on a recent workday. Twelve tons of cod were coming in. Soon, his workers would bone, slice and pack the fish for loading onto towering container ships headed abroad.
Read More @ DollarCollapse.com
Trader Dan on King World News Markets and Metals Wrap
Trader Dan at Trader Dan's Market Views - 3 hours ago
Join Eric King and I as we discuss the gold and silver market action this past week, along with an analysis of the Commitment of Traders report, the outlook for the US Dollar and the mining shares in general, on the KWN Markets and Metals Wrap. *http://tinyurl.com/7rrfakc* **
by Dr. Paul Craig Roberts, PaulCraigRoberts.org:
The US government is the second worst human rights abuser on the
planet and the sole enabler of the worst–Israel. But this doesn’t hamper
Washington from pointing the finger elsewhere.
The US State Department’s “human rights report” focuses its ire on Iran and Syria, two countries whose real sin is their independence from Washington, and on the bogyman- in-the-making–China, the country selected for the role of Washington’s new Cold War enemy.
Hillary Clinton, another in a long line of unqualified Secretaries of State, informed “governments around the world: we are watching, and we are holding you accountable,” only we are not holding ourselves accountable or Washington’s allies like Bahrain, Saudi Arabia, Israel, and the NATO puppets.
Read More @ PaulCraigRoberts.org
TFMR Podcast #21 with John Butlter
Of all the podcasts I’ve recorded, this is certainly one of the most important.
Our pal, Ned Naylor-Leyland, introduced me to John Butler a few weeks ago. I’m grateful that he did because John’s new book, “The Golden Revolution”, is the most important book that I’ve read in quite some time. At just 200 pages, the book neatly summarizes the history of global sound money, the circumstances surrounding the exit of the previous gold standard and the likely events that will effect and implement the next, global gold standard. Read this book and you will begin to understand how and why this new gold standard is inevitable.
Listen NOW @ TF Metals Report
TFMR Podcast #22 with Jim Willie
It’s been two weeks since we last visited with Jim Willie. In the time since, the JPM derivative fiasco has come into sharper focus and, of course, the global financial condition has continued to deteriorate. In this podcast, Jim has a forum to discuss these issues at length. Though it’s about 55 minutes long, at least 50 minutes are of Jim talking in a stream of consciousness that will keep your attention. Please make time over this 3-day weekend to listen to the podcast in its entirety. You won’t be disappointed.
Listen NOW @ TF Metals Report
Read More @ TF Metals Report.com
The US government is the second worst human rights abuser on the
planet and the sole enabler of the worst–Israel. But this doesn’t hamper
Washington from pointing the finger elsewhere.The US State Department’s “human rights report” focuses its ire on Iran and Syria, two countries whose real sin is their independence from Washington, and on the bogyman- in-the-making–China, the country selected for the role of Washington’s new Cold War enemy.
Hillary Clinton, another in a long line of unqualified Secretaries of State, informed “governments around the world: we are watching, and we are holding you accountable,” only we are not holding ourselves accountable or Washington’s allies like Bahrain, Saudi Arabia, Israel, and the NATO puppets.
Read More @ PaulCraigRoberts.org
TFMR Podcast #21 with John Butlter
Of all the podcasts I’ve recorded, this is certainly one of the most important.
Our pal, Ned Naylor-Leyland, introduced me to John Butler a few weeks ago. I’m grateful that he did because John’s new book, “The Golden Revolution”, is the most important book that I’ve read in quite some time. At just 200 pages, the book neatly summarizes the history of global sound money, the circumstances surrounding the exit of the previous gold standard and the likely events that will effect and implement the next, global gold standard. Read this book and you will begin to understand how and why this new gold standard is inevitable.
Listen NOW @ TF Metals Report
TFMR Podcast #22 with Jim Willie
It’s been two weeks since we last visited with Jim Willie. In the time since, the JPM derivative fiasco has come into sharper focus and, of course, the global financial condition has continued to deteriorate. In this podcast, Jim has a forum to discuss these issues at length. Though it’s about 55 minutes long, at least 50 minutes are of Jim talking in a stream of consciousness that will keep your attention. Please make time over this 3-day weekend to listen to the podcast in its entirety. You won’t be disappointed.
Listen NOW @ TF Metals Report
Read More @ TF Metals Report.com
from Testosterone Pit.com:
Preparing for Greece’s exit from the Eurozone has been picking up
momentum and has reached critical mass—on the way to a fait accompli.
Still unspeakable in public discussion last year, it has become a
routine topic at all levels of government. While everyone at the very
top still hues to the line that Greece should stay in the Eurozone, out
of the other side of the mouth comes but—especially since the focus is
on Spain, the real problem, the one problem that the Eurozone will have
trouble digesting.
Even if it could digest bailing out Spain or losing Spain, the next step up, Italy, due to its size, is beyond bailout and would cause the Eurozone to fracture into its component pieces—unless the ECB decides against all treaty limitations and stiff German opposition to monetize directly and without qualms any sovereign debt that needs to be monetized. And even that would tear up the Eurozone because Germany and a handful of other countries would refuse to be tied to that kind of loosey-goosey management of their currency.
Read More @ TestosteronePit.com
Preparing for Greece’s exit from the Eurozone has been picking up
momentum and has reached critical mass—on the way to a fait accompli.
Still unspeakable in public discussion last year, it has become a
routine topic at all levels of government. While everyone at the very
top still hues to the line that Greece should stay in the Eurozone, out
of the other side of the mouth comes but—especially since the focus is
on Spain, the real problem, the one problem that the Eurozone will have
trouble digesting.Even if it could digest bailing out Spain or losing Spain, the next step up, Italy, due to its size, is beyond bailout and would cause the Eurozone to fracture into its component pieces—unless the ECB decides against all treaty limitations and stiff German opposition to monetize directly and without qualms any sovereign debt that needs to be monetized. And even that would tear up the Eurozone because Germany and a handful of other countries would refuse to be tied to that kind of loosey-goosey management of their currency.
Read More @ TestosteronePit.com
by Sibel Edmonds, BoilingFrogsPost.com:
Yesterday this so-not-news news made the headlines: Central Asia Key to Afghanistan Heroin Smuggling – UNODC.. The headline was followed by these so-not-accurate descriptions and statements:
A new report by the United Nations drug agency sheds light on the nuts and bolts of narcotics transit from Afghanistan through Central Asia, highlighting the former Soviet republics’ lackluster efforts at interdiction.
The 106-page report by the UN Office on Drugs and Crime (UNODC), released this month, describes how smugglers traffic heroin and opium from Afghanistan, the world’s largest producer, to Russia, the world’s largest consumer. Ninety tons of highly pure heroin, roughly a quarter of the substance exiting Afghanistan, passes through Central Asia annually. Yet in 2010 authorities in the region seized less than 3 percent of it. And despite international efforts to help, that number keeps falling.
Read More @ BoilingFrogsPost.com
Yesterday this so-not-news news made the headlines: Central Asia Key to Afghanistan Heroin Smuggling – UNODC.. The headline was followed by these so-not-accurate descriptions and statements:A new report by the United Nations drug agency sheds light on the nuts and bolts of narcotics transit from Afghanistan through Central Asia, highlighting the former Soviet republics’ lackluster efforts at interdiction.
The 106-page report by the UN Office on Drugs and Crime (UNODC), released this month, describes how smugglers traffic heroin and opium from Afghanistan, the world’s largest producer, to Russia, the world’s largest consumer. Ninety tons of highly pure heroin, roughly a quarter of the substance exiting Afghanistan, passes through Central Asia annually. Yet in 2010 authorities in the region seized less than 3 percent of it. And despite international efforts to help, that number keeps falling.
Read More @ BoilingFrogsPost.com
by Greg Canavan, DailyReckoning.com.au:
‘China’s
biggest banks may fall short of loan targets for the first time in at
least seven years as an economic slowdown crimps demand for credit…’- Bloomberg
What? Who would’ve thunk it?! A command economy that doesn’t respond to commands. This isn’t how it’s supposed to turn out. China has tools…it’s meant to ‘fine tune’ the economy.
If you ever did believe that narrative, we have news for you – China’s economy is not an air conditioner. Just because it starts blowing hot air in the middle of summer, doesn’t mean you can just pull out the tool box and do some tweaking.
But that doesn’t stop the calls for more spending. Now, we’re told that China has room to cut interest rates…apparently to encourage more lending and spending. It won’t work. Lower interest rates will not lead to another lending resurgence…and it won’t encourage Chinese households to get into debt and to spend.
Read More @ DailyReckoning.com.au
Yesterday was another miserable day for the euro, with the EURUSD
falling to a new 22-month low at $1.2531, while the Dollar Index hit a
20-month high of 82.41 before settling at 82.35 (up 0.31% for the day).
WSJ quotes unnamed Tokyo dealers who note support for the euro at
$1.2500, “but if that level is breached there is no major support seen
on technical charts until $1.2000.”Commodities continue to suffer as a result of these dollar gains – Dan Norcini reports that the Continuous Commodity Index (CCI) has now fallen to its 50-month moving average, and is moving ever closer to an important retracement level. Silver, platinum and palladium will continue to struggle as long as hedge funds and managed money generally remains gun shy of long-side exposure to commodities.
Read More @ GoldMoney.com
SkyNet Wars: Presenting The Rogue Algo Responsible For FaceBook's Downfall
Back on March 27, following the epic disappointment that was the BATS IPO, we presented a detailed forensic analysis courtesy
of Nanex, which demonstrated step by step how a Nasdaq-borne algo may
have been the culprit shattering BATS' hopes of ever going public. Fast
forward two months later to the most anticipated IPO in recent
history, in which FaceBook's even more epic, if not quite as stark,
implosion has set back the general public's faith in capital markets
decades back. The irony, of course, is that FB didn't do anything that
many weren't warning about: it simply plunged which would make perfect
sense in a normal world. This in turn was the spark that provoked the
public ire - had FB simply doubled since IPO day, nobody would care
about what really happened on May 18. Alas, it didn't. And now the
lawsuits come. The problem is we don't transact in a normal world, but
one dominated by central banks and algorithms - which is why the most
pressing question for those who grasp the real new normal is how come in a market as controlled and manipulated as the central bank-dominated venue we have now, was FB stock allowed to plunge? For what may be the actual definitive answer, as
opposed to now trite philosophical ruminations on valuation, ethics,
underwriter and shareholder greed, we once again go to Nanex, which has
caught the perpetrator red handed once again... As Nanex' Eric
Hunsader tells us: "Turns out just before Nasdaq's quote crossed and
became non-firm, one copy of the same quote (crossed) was marked
regular, and I think that caused other algos to react and immediately sell off the stock.
When that crossed quote from nasdaq appears, bid prices from other
exchanges suddenly evaporate and that causes the NBBO spread to explode
from 1 cent to 70+cents in 1/10th of a second! Nasdaq's quote started
doing this when the stock approached 42.99 -- that effectively prevented the stock from going higher (a few spurious trades right at the open came from BATS for 44 ~ 45 etc, before Nq's quote was in play). So these stupid Algos effectively short circuited the stock for Facebooks IPO! Unreal."For Capitalists use only...
I'm PayPal Verified
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
No comments:
Post a Comment