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Latest Articles: Business/Finance
Fishtailing into the Future
Post Date: 2018-10-06 18:54:54 by Ada
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The opening chapters of Michael Lewis’s new book, The Fifth Risk, detail the carelessness of the Trump transition team in the months leading up to his swearing-in as president. Former New Jersey governor Chris Christie led the team, with its binders full of possible agency chiefs, before he was summarily canned by Steve Bannon, who would be dumped soon himself by the ascending Golden Golem of Greatness. There was, in fact, a set of rigorous protocols for managing the transition of power based on decades of cumulative practice — and anxiety over the frightening nuclear demons at the core of US power — and they were disdained, to the horror of the permanent bureaucracy waiting ...
Alternatives Are Being Tested To Be Put In Place For When System Falls On It's Own Sword: Rob Kirby
Post Date: 2018-10-02 21:50:53 by BTP Holdings
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Today's Guest: Rob Kirby Website: Kirby Analyticskirbyanalytics.com/
BILL HOLTER - Who Own Silver And Gold Also Own Lead
Post Date: 2018-09-28 06:56:31 by BTP Holdings
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Brazil receives first Russian LNG cargo
Post Date: 2018-09-25 00:01:58 by Tatarewicz
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PressTV... Russia says it has delivered the first cargo of liquefied natural gas (LNG) to Brazil in what could lead to a niche business for Moscow in Latin America. The delivery of LNG was made by the Russian gas producer Novatek which said in a statement it had provided Brazil with the strategic fuel from its Yamal project in the Arctic. The cargo was delivered to the Bahia regasification terminal, which is owned by Brazil’s energy giant Petrobras. “Our LNG marketing strategy aims to diversify supply geography and customer base,” Novatek’s head Leonid Michelson was quoted by media as saying. “This shipment represents the first LNG cargo of our own production ...
How a $450 Million da Vinci Was Lost in America---and Later Found
Post Date: 2018-09-23 15:12:46 by BTP Holdings
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How a $450 Million da Vinci Was Lost in America---and Later Found 1 day ago © Getty Images More than 27,000 people lined up to see Leonardo da Vinci’s ‘Salvator Mundi’ during Christie’s world-wide tour of the painting last fall. Leonardo da Vinci’s rediscovered painting of Christ as the world’s savior, “Salvator Mundi”—auctioned last year for a record-setting $450.3 million—has been owned by British kings and Russian oligarchs. But until now no one knew much about the nearly half-century it spent lost in obscurity in the U.S. Fresh details have emerged about the da Vinci’s whereabouts and the unsuspecting Louisiana family who ...
Peak Trump! Why the Undrainable Swamp Wins Again, Part 1
Post Date: 2018-09-19 09:36:36 by Ada
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The history books will record, ironically, that the Donald peaked in September 2018. Obviously, that was the 10th anniversary of the Lehman financial meltdown. But the original event and its current commemoration actually book-end why Trump came out of nowhere, sojourned briefly in the Oval Office, and then fell victim to an even greater crisis that will end in ignominy for the Donald and in staggering political and economic setbacks for the nation. The original Lehman event was actually a symptom of the national economic breakdown which brought Trump to power against all odds. That is, decades of fiscal profligacy and egregious money-pumping by the Fed have deeply impaired and ...
To Save Ourselves It's Time to Rethink Our Economic System, Warn Scientists
Post Date: 2018-09-17 02:18:22 by Tatarewicz
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The market is killing the planet. The planet is struggling. Study after scientific study warns that we've pushed far beyond the physical boundaries of what our living world can sustain. From increasing temperature extremes causing disastrous weather - including record breaking droughts and unprecedented fires - to plastic choked oceans and ecosystem collapses, it's painfully clear something massive's got to give. And yet most governments are waiting for it to make economic sense before they take action. In light of this, a background document for the United Nations' (UN) draft Global Sustainable Development Report 2019 suggests we seriously need to consider making ...
#Qanon, Dollar Collapse, Trump Ending the Fed - with Wayne Jett, Pt. 1
Post Date: 2018-09-16 13:27:00 by BTP Holdings
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Learn how to live SMART and finally protect your assets at AceOfCoins.com Learn more about the Red Tea that flushes fat, detoxes, and revs your metabolism: westall.redteax.hop.clickbank.net Part 1: Wayne Jett, economist and author of "The Fruits of Graft", rejoins the program to discuss the history and the status of the Federal Reserve. He explains how the Federal Reserve has been a complete disaster for regular Americans while enriching the small number of foreign elites who actually own and control the Federal Reserve and the money of the United States. This is one of the best videos explaining the Federal Reserve and Trump. You can see more of Wayne Jett at ...
The Uncomfortable Hiatus
Post Date: 2018-09-04 08:53:17 by Ada
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And so the sun seems to stand still this last day before the resumption of business-as-usual, and whatever remains of labor in this sclerotic republic takes its ease in the ominous late summer heat, and the people across this land marinate in anxious uncertainty. What can be done? Some kind of epic national restructuring is in the works. It will either happen consciously and deliberately or it will be forced on us by circumstance. One side wants to magically reenact the 1950s; the other wants a Gnostic transhuman utopia. Neither of these is a plausible outcome. Most of the arguments ranging around them are what Jordan Peterson calls “pseudo issues.” Let’s try to take stock ...
Central Banks Enrich a Select Few at the Expense of Many
Post Date: 2018-09-03 09:14:56 by Ada
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The message unanimously churned out by politicians, central bankers, and ‘mainstream’ economists is that central banks are there for the ‘greater good’. They provide the economy with sufficient money and credit, and they fight inflation, thereby supporting output and employment growth. What is more, central banks, are supposedly in a position to effectively fend off or at least mitigate financial and economic crises. However, unfortunately, nothing could be further from the truth. Throughout history, central banks have been created, first and foremost, to fill governments’ coffers. To increase the king’s or elected government’s financial means through ...
Turkey will pursue non-dollar transactions in trade: Erdogan
Post Date: 2018-09-03 02:14:38 by Tatarewicz
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PressTV... Turkish President Recep Tayyip Erdogan has lashed out at the United States for behaving like "wild wolves," saying Ankara would pursue non-dollar transactions in trade with Russia and other countries. "America behaves like wild wolves. Don't believe them," Erdogan said in an address to a business forum in Bishkek on Sunday during a visit to Kyrgyzstan. He added that negotiations were underway between Turkey and Russia over using national currencies instead of the US dollar in bilateral trade ties. The US has imposed punitive economic measures on both Ankara and Moscow. "Using the dollar only damages us. We will not give up. We will be ...
Chinese company to become strategic partner of Serbia's sole copper producer
Post Date: 2018-09-01 08:05:35 by Tatarewicz
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BELGRADE, Aug. 31 (Xinhua) -- One of the leading Chinese gold, copper and non-ferrous metals producers won at the public competition for the strategic partner of Serbia's state-owned copper mining and smelting complex in the city of Bor, Minister of Energy and mining Aleksandar Antic confirmed at a press conference after Friday's government session. Antic revealed that China's Zijin Mining Group made the best offer among the three companies that competed at the tender for the strategic partner of the Mining and Smelting Combine Bor, located some 250 kilometers southeast of the capital Belgrade. According to him, the offer envisages investment of 1.26 billion USD in exchange ...
Corporate Welfare Lives On and On
Post Date: 2018-08-29 08:08:50 by Ada
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From farm subsidies to the Export-Import Bank, special interest feeding frenzies are still the norm throughout government. Congress created the usual special interest frenzy with its latest iteration of the farm bill. Agricultural subsidies are one of the most important examples of corporate welfare—money handed out to businesses based on political connections. The legislation suffered a surprise defeat in the House, being viewed as too stingy. But it is certain to return. Fiscal responsibility is out of fashion. The latest federal budget, drafted by a Republican president and Republican-controlled Congress, blew through the loose limits established under Democratic President Barack ...
Iran hauls US before intl. court over 'illegal' sanctions
Post Date: 2018-08-28 05:46:37 by Tatarewicz
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PressTV... The International Court of Justice has begun hearing a lawsuit brought by Iran against new US sanctions ordered by the Trump administration. Iran last month lodged a complaint with the Hague-based tribunal, arguing that the sanctions violate the terms of a 1955 friendship treaty between the two countries. The country opened a lawsuit Monday demanding the UN's top court order the suspension of the renewed US sanctions. "The United States is publicly propagating a policy intended to damage as severely as possible Iran's economy and Iranian nationals and companies," Iran's lawyer Mohsen Mohebi told the court. "This policy is nothing but naked economic ...
Cannabis Supply Chains Coming Out of the Shadows
Post Date: 2018-08-26 15:59:08 by BTP Holdings
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Cannabis Supply Chains Coming Out of the Shadows Erica E. Phillips 2 hrs ago © Jae C. Hong/Associated Press COACHELLA, Calif.—Low-slung industrial developments are rising along Avenue 48 here, a dusty stretch at the edge of relentless desert 140 miles from the Pacific Coast that’s becoming a hub for cannabis producers. Around the state, a nascent network of specialized distribution companies is springing up to connect these centers of licensed marijuana growers and processors to hundreds of retail outlets, providing something entirely new in the marijuana industry: A legitimate supply chain. The widening state-by-state legalization of recreational marijuana across the ...
Genocide of the Greek Nation
Post Date: 2018-08-22 09:39:35 by Ada
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The political and media coverup of the genocide of the Greek Nation began yesterday (August 20) with European Union and other political statements announcing that the Greek Crisis is over. What they mean is that Greece is over, dead, and done with. It has been exploited to the limit, and the carcas has been thrown to the dogs. 350,000 Greeks, mainly the young and professionals, have fled dead Greece. The birth rate is far below the rate necessary to sustain the remaining population. The austerity imposed on the Greek people by the EU, the IMF, and the Greek government has resulted in the contraction of the Greek economy by 25%. The decline is the equivalent of America’s Great ...
Michael Snyder: If You Read Between The Lines, Global Economic Leaders Are Telling Us Exactly What Is Coming
Post Date: 2018-08-22 08:20:52 by Horse
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Sometimes, a strongly-worded denial is the most damning evidence of all that something is seriously wrong. And when things start to really get crazy, “the spin” is often the exact opposite of the truth. In recent days we have seen a lot of troubling headlines and a lot of chaos in the global financial marketplace, but authorities continue to assure us that everything is going to be just fine. Of course we witnessed precisely the same thing just prior to the great financial crisis of 2008. Federal Reserve Chair Ben Bernanke insisted that a recession was not coming, and we proceeded to plunge into the worst economic downturn since the Great Depression. Is our society experiencing a ...
Paper gold not so shiny anymore: Prices hit 19-month low as speculators ‘give up hope’
Post Date: 2018-08-21 09:07:19 by Ada
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Paper gold not so shiny anymore: Prices hit 19-month low as speculators ‘give up hope’ The price for gold – which has traditionally served as a haven asset for investors – has fallen by nine percent so far this year. Holders of gold futures contracts, not the physical metal, are shorting their positions. Last week, the price for the yellow metal fell to its lowest level since January 2017. On Tuesday, it was trading at $1,194 a troy ounce. Global demand for gold futures in the first half of the year was at its lowest since 2009. Experts say the US dollar’s unexpected strength is one of the reasons why gold became less appealing to investors. They warn that pain ...
Russia and Other Anti-Dollar Mavericks Can't Win Just Yet (Op-ed)
Post Date: 2018-08-21 06:17:12 by Tatarewicz
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MT... For now, Turkey, Russia and Iran are powerless against the dollar’s dominance, even with China’s help The dismal performance of the Turkish lira (down 38 percent to the U.S. dollar so far this year) and the Russian ruble (down 14 percent) is strong evidence of how even relatively low-octane U.S. sanctions or the threat of harsher ones can hurt an economy. But could the U.S. be going too far with the weaponization of its economic advantage? Could its aggressive use of sanctions end up undermining the dollar’s global dominance? To listen to the loud noises coming from Ankara and Moscow, that’s exactly what’s happening. “We are preparing to trade in our ...
China’s biggest-ever bitcoin heist: three held over theft of US$87 million in cryptocurrency
Post Date: 2018-08-21 03:27:49 by Tatarewicz
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SCMP... Suspects detained in coordinated raids on suspicion of stealing millions in virtual money from computers Three men have been detained on suspicion of hacking into computers and stealing about 600 million yuan (US$87 million) worth of virtual currency, police in northwest China said. Officers in Xian said the case was the highest value cryptocurrency criminal investigation in the country so far, Huashang News reported on Saturday. The police started investigating the case in March when a man from the city complained his computer had been hacked and 100 million yuan in bitcoin and ethereum had been stolen. “Our bureau has not dealt with this kind of case before,” one ...
Is rainbow trout the same as salmon? China says yes despite food safety fears
Post Date: 2018-08-19 06:43:40 by Tatarewicz
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scmp... Authorities reclassify the fish in a bid to allay consumers’ concerns – citing Wikipedia as a source – but industry watchers say the move is motivated by profit CCTV has reported that one-third of the salmon sold in China is actually rainbow trout (top) farmed in Qinghai province rather than imported salmon (below). Chinese fish farm launches ‘world’s biggest’ deep-sea salmon cage The Chinese government has responded to consumer fears about food safety by expanding its official definition of what can be classified as salmon to include rainbow trout. The move comes months after a state media investigation found fisheries were passing off rainbow ...
Talking Turkey: 'This Will Be The Single Largest Default In Financial History'
Post Date: 2018-08-18 22:04:45 by BTP Holdings
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Talking Turkey: 'This Will Be The Single Largest Default In Financial History' Aug. 16, 2018 6:55 AM ET David McAlvany Summary > Capital controls are like Hotel California… You can’t leave. > Will Turkey, Iran, Russia, Germany abandon the West & turn to China? > Gold: Massive “Short” paper market now needs to be covered.
Why other countries are giving China a licence to print money
Post Date: 2018-08-18 08:06:30 by Tatarewicz
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Comments: 88 Chinese baby girl ‘was sold for US$9,000 via agent by broke parents’ Multiple sources in the China Banknote Printing and Minting Corporation confirmed to the South China Morning Post last month that money production plants across the country were running at nearly full capacity to meet an unusually high quota set by the government this year. Most of the demand comes from participants in the “Belt and Road Initiative” and one source, who asked not to be named due to the confidential nature of the information, said that Chinese yuan bills only made “a small proportion of the orders”. Is China undermining its neighbours’ trust by buying ...
An Incredible Opportunity in Silver - Steve St. Angelo
Post Date: 2018-08-17 07:21:17 by BTP Holdings
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Just how great of a value is silver right now, especially when compared to something like the Dow Jones Industrial average?
Minister: Iran Welcomes Swiss Firms' Investment in Solar Energy Sector
Post Date: 2018-08-16 06:00:50 by Tatarewicz
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TEHRAN (FNA)- Iranian Energy Minister Reza Ardakanian stressed the necessity for the further broadening of cooperation with Bern, noting that the Swiss companies can help Iran boost its solar energy use. "The Swiss firms can produce electricity from solar power plants and sell electricity to the neighboring states, including Afghanistan, using Iran's infrastructures," Ardakanian said in a meeting with Swiss Ambassador to Tehran Markus Leitner on Tuesday. He further referred to other areas for cooperation between the two countries, including small hydroelectric power plants, water resources management, water desalination, water and sewage treatment, cooperation with the ...
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