India and Germany: A Partnership to Be Reckoned With

By Christoph Senft – Re-Blogged From Stratfor

Earlier this year, the leaders of Germany and India announced that they had taken their countries’ relationship “to a new level.” And to be sure, over the past few decades collaboration between the two has deepened on many different fronts. But Germany’s interest in India isn’t merely a byproduct of the Asian century, as the 21st century is now so frequently called. Rather, it has been building gradually over time, laying a sturdy foundation for the partnership that both countries are beginning to take more and more seriously.

(TOBIAS SCHWARZ/AFP/Getty Images)

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Gold Worm On The Yuan Hook

By Hugo Salinas Price – Re-Blogged From http://www.Gold-Eagle.com

Once again, I turn over in my mind the Chinese plan regarding their imported oil, which consists in convincing their oil suppliers to accept yuan in payment (and thus re-directing their sales outside the orbit of the US dollar) with an additional sweetener in case the oil exporters do not wish to hold assets denominated in yuan: the sweetener consists in offering to exchange the yuan received by the oil exporters, for gold purchased on the world markets – and not out of Chinese reserves.

Again, I mention that for the first time in 46 years – ever since that fateful date, August 15th, 1971, when Nixon took the US “off gold” – gold is once again mentioned as part of a commercial deal – and one of great importance.

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How China Moves The World To A Gold Standard!

By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com

We have watched for years as China grew in strength economically, financially and militarily. They have pre-positioned themselves by making trade deals, setting up credit facilities and even an alternative clearing system to the West’s “SWIFT”. We also know China has been gobbling up global mine supply of gold for going on 10 years now. As I’ve written in the past, just using the back of a napkin, it can be surmised they now have hoarded 20,000 tons or more compared to the “supposed” 8,133 tons held by the US.

It is clear China has meticulously readied themselves to take the role of world leadership from the U.S. but do they really want the responsibility AND burden of issuing the reserve currency? This has always been the question and the answer from logical thinkers is “no”. No, because we (and of course China) have seen the result of the “burdens” that comes along with the privilege of issuing the reserve currency. I must confess, I too did not believe China would desire or even accept the responsibility of reserve currency status. I now believe this thought is mistaken! I will explain shortly.

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China Catalyst To Send Gold Over $10,000 Per Ounce?

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

Jim Rickards is on record forecasting $10,000 gold.

But is China about to provide the catalyst to send gold even higher? And by how much?

Today, we fare forth in the spirit of speculation… follow facts down strange roads… and arrive at a destination stranger still…

China — the world’s largest oil importer — struck lightning through international markets recently.

According to the Nikkei Asian Review, China has plans to buy imported oil with yuan instead of dollars.

Exporters could then exchange that yuan for gold on the Shanghai Gold Exchange.

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Individualism vs. Socialism

By Herman Gazort – Re-Blogged From iPatriot

Some instincts are rights, not all instincts are rights, not all rights are instincts. You have a right to PROTECT your life, liberty and property. Some instincts are not rights. You do not have the right to steal what you covet, although that may be instinctive in some.

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Technology Disrupts White Collar Workers

By David McWilliams – Re-Blogged From http://www.Gold-Eagle.com

– Every era, every century, every generation has its massive technological disruption
– Taxi drivers being “disrupted” by technology of Uber
– History shows how “middle men” frequently made redundant
– Skill set of many professionals today can be replicated by machines and technology
– Technology may make lawyers, accountants, architects and doctors redundant
– We risk “cannabalising ourselves” with internet and emerging technologies

Jean-Luc Picard “assimilated” by the Borg in Star Trek

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Irish Negotiations on Brexit

Re-Blogged From Stratfor

When Irish politicians from both sides of the border met on Aug. 4 to discuss the consequences of Brexit on Northern Ireland there were at least some areas of agreement. Both the Republic and the province would, ideally, like to preserve the free movement of people and goods across the border once the United Kingdom leaves the European Union. However, as is so often the case, views within the province are divided. While nationalists in Northern Ireland give high priority to the open border with the Republic, unionist politicians want to find a balance between minimizing the disruptions created by Brexit and making sure that Northern Ireland remains a part of the United Kingdom.

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