In less than six months, the XXIII Olympic Winter Games will begin in Pyeongchang, South Korea. But with an increasingly militant North Korea located less than 161 kilometers (100 miles) away, legitimate concerns have arisen over the event’s potential disruption. Thomas Bach, the president of the International Olympic Committee (IOC), recently said he was closely monitoring the situation, adding that it would be a topic of discussion at the committee’s upcoming meeting in Peru. Even so, it’s hard not to wonder who will bear the responsibility of ensuring the safety of athletes and spectators in Pyeongchang. The answer has been constantly evolving for over four decades.
By McClellan Financial – Re-Blogged From http://www.Silver-Phoenix500.com
The price of spot silver is trying really hard to break a long-term downtrend line, which would arguably be a bullish development if the breakout succeeds. But the big-money “commercial” traders of silver futures are betting heavily on a failure of that breakout attempt.
The Commitment of Traders (COT) Report is published every Friday by the CFTC, detailing futures positions held by traders in 3 different groups:
- Commercial traders are the big money, and usually the smart money.
By IM Vronsky – Re-Blogged From http://www.Gold-Eagle.com
The generally accepted definition of TROJAN HORSE (*) is a person or thing intended secretly to undermine or bring about the downfall of an enemy or opponent. In today’s world, the THE Trojan Horse is Bitcoin – manned by ‘geeks’ using the unbridled greed addiction to attract naïve, innocent and ignorant investors of Troy (i.e. Wall Street).
However, many worldwide recognized monetary mavens, pundits, gurus and experts have emerged to inform and alert the investing world to the eventual dire consequences of the phony currency labeled Bitcoin. Here following are just a few sage well supported views condemning the Bitcoin scourge.
By John Rubino – Re-Blogged From Dollar Collapse
For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar. China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international medium of exchange.
These were challenges to the dollar’s dominance, but they weren’t mortal threats.
What’s happening lately, however, is a lot more serious. It even has an ominous-sounding name: de-dollarization. Here’s an excerpt from a much longer article by “strategic risk consultant” F. William Engdahl:
Warren Buffett’s favorite market indicator says stocks are in trouble.
The billionaire chief executive of Berkshire Hathaway once wrote that the “single best” way to see if the market is too expensive by comparing the total value of all publicly traded stocks with the total size of the economy.
It’s like determining the value of a car by the horsepower of its engine.
[The basis of this article is a report at http://www.oxfordmartin.ox.ac.uk/publications/view/2583. It is based on a review of considerable literature and may go against much that is accepted as true. It’s a slow read, but take a look at this (and other) issues there if you have time. -Bob]
By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com
From the “I thought sure Fukashima was going to kill me” department
Oxford Martin restatement finds that risks from radiation exposure are extensively studied and small relative to smoking, obesity and air pollution
UNIVERSITY OF OXFORD
Human populations have always been exposed to ionizing radiation, and more so in modern life due to its use in medicine, industry and the armed forces. Whilst the risks to human health from medium and high-level radiation are relatively well-understood, the risks at lower levels are less clear. Mixed messages about the safety of low doses of radiation from different sources have created confusion for the public and for policy makers.