Month: February 2020

Will Corona Virus Lead To A Gold Standard?

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By Alasdair Macleod – Re-Blogged From Gold Eagle

Even before the coronavirus sprang upon an unprepared China the credit cycle was already tipping the world into recession. The coronavirus makes an existing situation immeasurably worse, shutting down China and disrupting global supply chains to the point where large swathes of global production simply cease.

The crisis is likely to be a wake-up call for complacent investors, who are content to buy benchmark bonds issued by bankrupt governments at wildly excessive prices. A recession turned by the coronavirus into a fathomless slump will lead to a synchronised explosion of debt issuance for which there are no genuine buyers and can only be monetised.

The adjustment to reality will be catastrophic for government finances, and their currencies. This article explains why the collapse in overpriced financial assets and fiat currencies is likely to be rapid, perhaps giving ordinary people in some jurisdictions an early prospect of a return to gold and silver as circulating money.

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Want to Be Taller? Radical Surgery Permanently Extends Your Legs.

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By Dan Robitzski – Re-Blogged From Futurism

These surgeons will saw through your leg bones — and reset them to give you a permanent height boost.

IN THE LAST YEAR, at least 30 men have made an appointment with an orthopedic surgeon named Dr. Kevin Debiparshad to have him saw through their perfectly healthy leg bones.

At his LimbplastX Institute in Las Vegas, Debiparshad cuts through patients’ femurs or tibias, forces the bones to separate with metal implants, and sends them on their way to heal. Once their bones grow back, they’ll be several inches taller — like that one scene in the 1997 sci-fi film “Gattaca.”

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Do ‘Green’ Buses Pass the Performance Test?

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By Duggan Flanakin – Re-Blogged From WUWT

Do they even pass basic energy, environmental, economic and human rights tests?

Should Americans follow China in a massive commitment to supposedly eco-friendly battery-electric buses (BEBs)? California has mandated a “carbon-free” bus system by 2040 and will buy only battery or fuel cell-powered buses after 2029. Other states and cities are following suit.

Vehicle decisions are typically based on cost and performance. Cost includes selling price plus maintenance, while performance now includes perceived environmental impacts – which for some is the only issue that matters. But that perception ignores some huge ecological (and human rights) issues.

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Oregon Residents File Petition to Become Part of Conservative Idaho

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By Bradley Cortright – Re-Blogged From IJR

Residents in Oregon who are fed up with liberal policies in their state have introduced a petition to become part of neighboring, more conservative Idaho.

The group called Greater Idaho that started the petition is trying to secure enough signatures to get the petition on the ballot in November. The petition would also extend Idaho’s border into parts of northern California — swallowing several counties of those two states.

A review of the proposal found that if adopted, only 14 of Oregon’s 36 counties would be considered Oregon. The petition’s proposed map for Idaho’s new borders shows the state’s new boundary expanding to the coast.

John Rubino Interview

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By John Rubino of Dollar Collapse interviewed by Mike Manwell of Silver Doctors

All ASSET BUBBLES MUST BURST… Today’s guest, John Rubino, shares his thoughts on why this current bubble economy has lasted so long. During our chat he elaborates on how Central Banks and Governments are trapped into experimenting with more ways to keep the economy afloat. Unfortunately, the music has to stop at some point and the only people that will be left standing will be holders of sound money.

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U.S. Health Officials Urge Americans to Prepare for Spread of Coronavirus

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By  Reuters – Re-Blogged From IJR

The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted Americans to begin preparing for the spread of coronavirus in the United States after infections surfaced in several more countries.

The announcement signaled a change in tone for the Atlanta-based U.S. health agency, which had largely been focused on efforts to stop the virus from entering the country and quarantining individuals traveling from China.

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Baltic Dry, Copper, Oil, Tech And China Continue To Call For Market Crash Soon…

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By Clive Maund – Re-Blogged From Gold Eagle

In this update we are going to review a small but important range of commodities / lead indicators which strongly suggest that the seemingly endless bullmarket in US equities is living on borrowed time and will end sooner rather than later, and given how long it has lasted and how extremely overvalued it has become, the downturn will likely start with a crash phase.

Regardless of what the eventual impact of the Coronavirus epidemic is, US stockmarkets in particular seem to be in a state of denial about the actual real-world consequences of the Chinese shutdown and impact on the global supply chain and corporate profitability everywhere, and some elements even seem to be gloating about China’s misfortune and predicament, completely oblivious to the fact that this is going to have a negative impact on almost everyone.

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