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March 21, 2019

Thursday, March 21, 2019

IT’S OFFICIAL; U.S. Silver Production The Lowest In More Than 70 Years

We have to go all the way back until the year after World War II ended to see U.S. silver production less than it was in 2018.  While many reasons can be attributed to the decline, the main factors are falling ore grades and mine economics. Unfortunately, there just aren’t too many economic silver deposits in the United States, especially with the high level of environmental and governmental regulations.  Instead of dealing with all the bureaucracy, companies are looking to Mexico and South America to open new silver projects.... https://srsroccoreport.com/its-official-u-s-silver-production-the-lowest-in-more-than-70-years/ 



...March 29th is also very important in the banking world since it is the date when gold is recognised as a Tier 1 asset and thus equal to cash. Until now, gold was only a Tier 3 asset and its value was taken at 50% for the purpose of a bank’s solvency. It is of course totally ridiculous that cash or fiat currencies which we know always go to zero over time, should have been taken at twice the value of gold.

There are people speculating that gold becoming a Tier 1 asset will have major significance for the gold price. Also, some market observers even think that this is the beginning of a new era with gold again resuming the mantle of backing currencies or SDRs (Special Drawing Rights). Obviously this would require a substantial revaluation of gold in relation to the dollar in order to achieve sufficient cover for the debt outstanding...

...Desperate debt laden governments will take desperate decisions. We could easily see a time when the US devalues the dollar significantly or introduces a crypto dollar and backs it with gold at a massively higher price.... https://goldswitzerland.com/only-gold-stands-against-the-final-catastrophe/ 


Why The Fed Keeps Propping Up The Market

The bull market of the past decade since the Great Recession has been an unusual one: despite all of the economic damage that occurred during the global financial crisis and rising risks (including global debt rising by $75 trillion), it has been the longest bull market in history. The explanation for this paradox is simple: it’s not an organic bull marketbecause the Fed and other central banks keep stepping in to prop up the market every time it stumbles. Though the Fed has two official mandates (maintaining stable consumer prices and maximizing employment), it has taken on the unofficial third mandate of supporting and boosting the stock market since the Great Recession.

The chart below, which was inspired by market strategist Sven Henrich, shows how the Fed or other central banks have stepped in with more monetary stimulus (quantitative easing, promises to keep interest rates low, etc.) every time the S&P 500 has stumbled over the past decade:



This Is When The DEBT FUELED FUN HOUSE Will BECOME A NIGHTMARE. By Gregory Mannarino

https://www.youtube.com/watch?v=_RkSNh5C1q8  https://www.traderschoice.net/ 


Powell Keeps The Bond Bull Kicking

What they are missing is that if share prices actually did indicate higher rates of economic growth, not just higher profits due to stock buybacks and accounting gimmickry, then US government bond yields would be rising...


$1.3 billion damage in Nebraska from historic midwest flooding – Meanwhile Missouri towns ordered to evacuate

...Nebraska Gov. Pete Ricketts told reporters the “preliminary and initial” damage losses from the flooding in the state are estimated to be more than $1.3 billion, including $439 million in infrastructure losses, $85 million in private homes and business losses, $400 million in livestock and $440 million in crop losses... In Iowa, farmer Jeff Jorgenson estimates that in Fremont County alone more than a million bushels of corn and nearly half a million bushels of soybeans have been lost in flooded grain bins. For the 28 farmers in the immediate area, that’s a $7 million loss in grain... In Glenwood, Iowa, Mayor Ron Kohn said farms west of the city are likely done for the year. “That’s all going to be gone until next year, I’m sure,” he told the Register. “Rice is about all they could grow out there now.“ The story is the same in communities along nearly every river in the Midwest... http://strangesounds.org/2019/03/midwest-flooding-nebraska-damage-costs.html 


Monsanto: Roundup substantial factor in man’s cancer, jury finds in key verdict

...Edwin Hardeman of Santa Rosa was the first person to challenge Monsanto’s Roundup in a federal trial and alleged that his exposure to Roundup caused him to develop non-Hodgkin’s lymphoma (NHL), a cancer that affects the immune system. In the next phase of the case, the jury will weigh liability and damages, and Hardeman’s lawyers will present arguments about Monsanto’s influence on government regulators and cancer research. During the trial, the 70-year-old Santa Rosa man testified that he had sprayed the herbicide for nearly three decades and at one time got it on his skin before he was diagnosed with cancer. He used the chemical to control weeds and poison oak on his properties, starting in 1986... https://www.theguardian.com/business/2019/mar/19/monsanto-trial-roundup-verdict-edwin-hardeman-cancer 


Pesticide chemicals saturate U.S. fresh produce, new tests reveal… 70% of fruits and veggies are contaminated with toxic chemicals

 Despite the false propaganda of pesticide and herbicide producers who claim agricultural chemicals disappear after being sprayed on crops, a new research project from the Environmental Working Group has found that 70% of U.S. fresh produce is contaminated with pesticide chemicals. All pesticide chemicals are toxic to life. Otherwise, they wouldn’t kill the living organisms that threaten crops. There is no such thing as a “non-toxic” synthetic pesticide. https://www.naturalnews.com/2019-03-20-pesticide-chemicals-saturate-fresh-produce-new-tests-reveal.html 


US judge halts hundreds of drilling projects in groundbreaking climate change ruling 

In the first significant check on the Trump administration’s “energy-first” agenda, a US judge has temporarily halted hundreds of drilling projects for failing to take climate change into account. Drilling had been stalled on more than 300,000 acres of public land in Wyoming after it was ruled the Trump administration violated environmental laws by failing to consider greenhouse gas emissions.



It has been discovered that former House Speaker Paul Ryan blocked subpoenas of people and entities the House GOP should have been investigating during the first two years of the Trump administration. Needless to say, the President is not so happy about it! “Paul Ryan wouldn’t give the right to have any subpoenas,” Trump told Breitbart News. “Okay? Now in all fairness, Meadows and Jordan and all these guys, they wanted to go tougher, but they weren’t allowed to by leadership.” House Freedom Caucus Chairman Rep. Mark Meadows (R-NC) as well as his predecessor Rep. Jim Jordan (R-OH) wanted to do some serious investigating. Ryan would not let them, and now of course, Nancy Pelosi is playing hardball as she is now in charge of the House... http://www.thedailysheeple.com/trump-exposes-paul-ryan-for-the-traitor-he-is-ryan-saved-democrats-from-being-investigatedb_032019 


NBC Admits Hillary Clinton Used her Job to Cover up Pedophile Rings as Secretary of State (READ)

The NBC investigation was broadcast at a time when they were a real news organization rather than a branch of the Democratic Party’s PR department, and provided internal State Department memos to back up claims of a massive Hillary Clinton elite pedophile ring cover-up.


After Multiple Reports About New Zealanders Turning In Guns, Guess How Many Actually Did It? 

Following reports that a flood of New Zealand gun owners have been voluntarily surrending their firearms in the wake of last Friday's Christchurch mosque attack that left 50 dead, the numbers are in on how many Kiwis actually handed over their weapons. Out of an estimated 1.2 million registered guns, New Zealand police report that as of Tuesday night, 37 firearms have been surrendered nationwide, according to BuzzFeed... https://www.zerohedge.com/news/2019-03-20/after-multiple-reports-about-new-zealanders-turning-guns-guess-how-many-actually  


Upstart Populist Party Shocks In Dutch-Election-Upset, 2 Days After Utrecht Attack

Sweeps provincial elections with surge of last-minute support after Turkish gunman went on a rampage...


US recognition of Israeli sovereignty over Golan could come next week – officials

Israeli and American officials say they expect an announcement on US recognition of Israeli sovereignty over the Golan Heights as soon as next week, when Prime Minister Benjamin Netanyahu visits Washington. The officials spoke on condition of anonymity because the information had not yet been made public.


Russia deploys nuclear bombers to Crimea after US rolls out missile defence systems on Putin’s doorstep

Putin is sending squadrons of strategic nuclear bombers to Crimea after the US took over missile defence systems on his doorstep. The Kremlin is to station Tu-22M3 bombers at Gvardeyskoye air base – within a hour’s striking distance of NATO’s military set-up in Romania.


Europeans see Germany's global role on the rise: Pew study

While Europeans view Germany as in the ascendancy, French and British power is viewed as "in decline," a new survey has revealed. Many worry about long-term prospects and fear Brussels is "out of touch" with citizens... https://m.dw.com/en/europeans-see-germanys-global-role-on-the-rise-pew-study/a-47984131 


Cable Slides As Civil War Looms - 17.4 Million Voted For Brexit & Are Being Denied It

"The English fought a Civil War over this kind of thing... It ended with the parting of the king’s head from his shoulders..."


US, China race to build self aware computer

Intel and the Department of Energy have announced plans to collaborate on building the world’s most powerful supercomputer to date. “Aurora” will be capable of 1 quintillion calculations per second. RT America’s Michele Greenstein joins Rick Sanchez to discuss.  https://www.youtube.com/watch?v=WnD0AOFZGWE&feature=youtu.be 


Rwanda sparks human rights concerns in proposing world’s first nationwide DNA database

Rwanda has proposed the world’s first country-wide DNA database, a project that will involve collecting samples from all of the country’s 12 million citizens in an effort to crack down on crime. The scheme has prompted concerns from human rights campaigners who believe the database could be misused by the government and violate international human rights laws.


With facial recognition, shoplifting may get you banned in places you've never been

At my bodega down the block, photos of shoplifters sometimes litter the windows, a warning to would-be thieves that they're being watched. Those unofficial wanted posters come and go, as incidents fade from the owner's memory. But with facial recognition, getting caught in one store could mean a digital record of your face is shared across the country. Stores are already using the technology for security purposes and can share that data -- meaning that if one store considers you a threat, every business in that network could come to the same conclusion.   One mistake could mean never being able to shop again...https://www.cnet.com/news/with-facial-recognition-shoplifting-may-get-you-banned-in-places-youve-never-been/ 


SETI Is Making a New ‘Mixtape for Aliens’, and You Can Contribute

...Unveiled at the South By Southwest conferencelast week, the EARTHLING Project aims to create a global musical composition that represents the human species—and launch it into the great beyond. In a panel titled “SETI, EARTHLING, and the Collective Musical Voice,” composer and SETI artist-in-residence Felipe Perez Santiago, entrepreneur and Singularity University faculty fellow Ola Kowalewski, and musician and software architect Rob Baker shared details of the project, as well as their thoughts on space art, the search for life off Earth, and music as a tool for uniting humanity... https://singularityhub.com/2019/03/20/seti-is-making-a-new-mixtape-for-aliens-and-you-can-contribute 

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