Gold World News Flash

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• For Sale: The World's First $1+ Billion Dollar House
• Former Soviet Leader Gorbachev Has A Message The World Needs To Hear
• America's "Humanitarian War" Against the World
• The BIG CHANGE: SRSRocco Explains Why It Will Be Important to Own Gold and Silver in the Next 3-5 Years
• Losing Louisiana: Shocking Images Of Life After A 1000-Year Flood
• Dollar Disaster Looms? China and Russian Currencies Break Away
• "There's Going To Be A Massive Run On Firearms" If A Hillary Win Is Imminent
• A Silver Lining For Ryan Lochte?
• Including yuan, gold in SDRs will launch gold's strongest rise, Leeb says
• Why Gold Is Going Far Higher in 6 Charts
• $880 Per Ounce Silver? US Debt Clock Mysteriously Starts Showing REAL Value of Precious Metals
• The SILVER Royal Price Flush!
• GERALD CELENTE - 3 WILD CARDS THAT COULD TRIGGER OBAMA'S DREADED THIRD TERM
• The Only Reason The Dollar Has Not Collapsed Is Because Of Fraud, Manipulation & Graft: ‘V’
• Former Soviet Leader Gorbachev Has A Message the World Needs to Hear
• The NSA Built a Secret, Warrantless, Shadow ‘Social Network’ and You’re Already On It
• James Turk: What did J.P. Morgan mean?
• Mobile operators face legal threats over alleged collusion in Phones 4u collapse
• Silver Analysis
• Gold Stock Technicals During Dog Days of Summer
• Housing Bubble - The Marginal Buyer Holds The Pin That Pops Every Asset Bubble
• The Next Financial Crisis Will Be The WORST In Human History
• Breaking News And Best Of The Web

For Sale: The World's First $1+ Billion Dollar House Posted: 20 Aug 2016 07:35 PM PDT Exactly two years ago, we reported about what we dubbed at the time was "absolute bubble insanity" - a double skyscraper called the Tour Odeon, located in the French Riviera, which would house a 3,300 square-meter (35,500 square-foot) penthouse with a water slide connecting a dance floor to a circular open-air swimming pool. While the description was nice, it was the bottom line that was mindblowing: that appartment was priced to sell for more than 300 million euros ($400 million at the time) when it went to market the following year. That made it the world's most expensive penthouse, according to broker Knight Frank LLP. Below are some images of the nearly half a billion dollar penthouse in question (including the water slide into the pool).     And while we don't know if and at what price the Odeon's penthouse ended up selling for, we did predict that it was only a matter of time before this nearly half a billion price tag would be eclipsed by a full, round billion. Two years later, the forecast has come true: as the Mail reports, the most expensive house in the world has been offered for sale at a price of over €1billion ($1.1 billion), located yet again in the south of France. The address in the billionaire's playground of Saint-Jean-Cap-Ferrat, Les Cedres, is owned by Suzanne Marnier-Lapostolle, a member of the Grand Marnier dynasty who is supposedly seeking to "downsize."  Saint-Jean-Cap-Ferrat has a population of just over 2000 Cap Ferrat was named in 2012 as the second most expensive place to buy a home in the world after Monaco While the French economy is struggling under the weight of both a collapse in tourism as a result of a recent surge in terrorist attacks, and the destructive influence of a socialist government, Nice Matin on Friday reported that the former home of Belgium King Leopold II can be yours (assuming you are a multi-billionare, of course) for "one billion euros." The former home of Belgium King Leopold II, Les Cedres The monthly gardening bill alone is said to be in the hundreds of thousands. What does $1.1 billion buy you in Nice these days? The 10-bedroom property, which comes with an Olympic size swimming pool, is located in a coastal enclave close to Nice. Its garden includes 35 acres of manicured lawns, 15,000 plants, and some 20 greenhouses containing rare tropical vegetation. The palatial home features a ballroom and also stables for up to 30 horses. Close neighbors include British composer Andrew Lloyd Webber and US tech tycoon Paul Allen. According to the French newspaper, Les Cedres was last owned by Suzanne Marnier-Lapostolle, part of the Grand Marnier liquor dynasty. However after the company was bought by Campari in March, the home was also transferred over by the Italian group. The swimming pool at Les Cedres pictured in September 1973 Campari has decided to sell the home so the heiress is said to be downsizing and looking for a buyer who will care for a house that has been in the family since 1924. Some 15 professional gardeners are currently employed by her full time, and she hopes all will be kept on. But, as often happens in the rather insane world of multi-billionaires,  there are fears that speculators will move in, and build new hugely expensive properties in the gardens. Until that happens, however, finding a buyer may be tricky now that oligarchs from China, Russia and Saudi Arabia no longer are burning cash around the globe on real estate. A real estate agent in Moncaco, cited by the Mail, said that  "we have not received instructions to sell. These kind of properties tend to be marketed very discreetly." Still, "despite France's problems, there should be a buyer around. The billionaire market does not have much to do with countries – there will be international interest."  It just won't be coming from any Vancouver "flippers" any time soon: that particular housing bubble just burest. * * * Saint-Jean-Cap-Ferrat, which currently has a population of just over 2000, has attracted celebrities and royalty from all over the world throughout its history. Regulars have included actors Charlie Chaplin and David Niven, writer William Somerset-Maugham, movie stars Elizabeth Taylor and Richard Burton, and Prince Rainier III of Monaco. The most high profile property transaction in the stretch of Riviera around Nice came in 2008, when Russian oligarch Mikhail Prokhorov offered 320 million to buy Villa Leopolda. The mansion in Villefranche-sur-Mer, next door to Saint-Jean-Cap-Ferrat, was owned by Lily Safra, who had inherited it from her banker husband, Edmond Safra. Prokhorov pulled out of the sale following the 2008 financial crisis, leading to Mrs Safra successfully suing him to keep the deposit of £33million. A huge fan of the desirable coastal area, King Leopold II once owned the entire west side of the Cap Ferrat. In 1904 he purchased Villa Pollonnais, built in 1830, and its 15 acres of land and after extensive renovation renamed it Le Cedres.  The property was principally used as his holiday home. The man who designed the gardens of the Eiffel Tower and Champs Elysees was responsible for the impressive design of Le Cedres' grounds and pool area. The man who designed the gardens of the Eiffel Tower and Champs Elysees was responsible for the design of Le Cedres' grounds and pool area Cap Ferrat was named in 2012 as the second most expensive place to buy a home in the world after Monaco, with residents enjoying a pleasant climate and a popular yachting scene. That alone may be sufficient to find the world's biggest fool, if not outright idiot. Sure enough, after Grand Marnier was bought by Italy's Campari spirits group's and they took ownership of the historic villa, Campari CEO Bob Kunze-Concewitz told Bloomberg he has already received approaches from Middle Eastern and North American buyers. And because nothing screams guillotines louder than one billionaire paying another billionaire more than a billion dollars for a seaside villa, we are confident the buyer's identity will remain a well-guarded secret.

Former Soviet Leader Gorbachev Has A Message The World Needs To Hear Posted: 20 Aug 2016 07:27 PM PDT Submitted by Alice Salles via TheAntiMedia.org, In August of 1991, members of the Soviet Union’s government — who were also hard-line members of the Communist Party of the Soviet Union (CPSU) — attempted to take control of the country. What many call a coup attempt failed in just two days. This month marks the 25th anniversary of the failed effort. During a conversation with Interfax, former Soviet Union president Mikhail Gorbachev spoke openly about the situation of the Soviet Union at the time. But he also seized the opportunity to take a stab at what many in America believe to be one of their country’s worst traits: foreign interventionism. When the collapse of the Soviet Union seemed imminent, Gorbchev told Interfax, “I told the Americans: you are trying to impose your democracy on the people of different countries, spreading it around like coffee in bags, but we must give the people a chance to make their own choice.” The “one-legged solutions” imposed by American governments against other nations, Gorbachev added, are inevitable and beyond the president’s power. “Even President Obama,” the former Soviet president said, “democratically elected and enjoying in this regard a significant authority in the country, could not change this course.” His discontent seems to be rooted in how America reacted to the collapse of the Soviet Union, noting “[t]hey did not want the Soviet Union to become a powerful democratic state.” According to Gorbachev, reforms and changes were already underway, and decentralization of the Soviet Union was only a matter of time. At the time, U.S. officials feared their country’s “policy of unilateral measures … [or] the policy of US domination in global affairs” would not work, Gorbachev added, prompting U.S. officials to push for a total collapse as opposed to letting the country take its own course. He continued: “And then, when they made a bid for Boris Yeltsin, their goal was the same – to prevent the emergence of Russia as a powerful democratic state. Remember, when the [Soviet] Union collapsed, what was the West’s reaction to this tragic event? They said, ‘this is a gift from God.’ And when Russia was on its back, the US president openly applauded the Russian leadership of the time.” During the interview, RT confirms, Gorbachev admitted that the union’s downfall was not mainly due to foreign intervention. Instead, he declared, “the country’s authorities and he himself were late with reforms which were strongly needed.” Said reforms included the replacement of “the centralized government planning that had been a hallmark of the Soviet system with a greater reliance on market forces.” But Gorbachev defended his position by saying that, once the country was getting ready “to launch [reforms], reshaping the entire system of managing the [Soviet] Union … our opponents also knew that tomorrow would be too late” — meaning members of the Western world, including the United States. The former Soviet leader claimed they knew “there were contradictions, that the old shape of the Union no longer” met the needs of the country, and that the USSR “had to be reformed, decentralized, but not destroyed.” He also added that, by then, he thought “only a fool would try to break it all.” But once he allowed confidence to grow into arrogance, Gorbachev told reporters, things got out of his control. Twenty-five years after the failed coup, Gorbachev appears to admit that domestic intervention is just as bad as foreign intervention, providing those who are listening with a great opportunity to learn from his own mistakes as a statesman. While the Soviet Union had a long history of perpetrating crimes against humanity that are often hard to compare to any other brutal dictatorship in history due to their devastating outcome, it’s also important to consider that many may have learned from this tragic episode in history. As a result, many now have a better grasp of human nature and voluntary exchange. Hopefully, his words on the dangers of intervention — domestic or abroad — will resound with the Russian people, and maybe even with Americans.

America's "Humanitarian War" Against the World Posted: 20 Aug 2016 07:00 PM PDT Via Strategic-Culture.org, The following  text is a point by point thematic summary of Prof. Michel Chossudovsky‘s presentation at the Science for Peace Conference, Academy of Sciences, Malaysia. Kuala Lumpur, 15-16 August 2016 Introduction Historically, science has supported the development of the weapons industry and the war economy. “Science for Peace” indelibly requires reversing the logic whereby commissioned  scientific endeavors are directed towards supporting what President Eisenhower called “The Military Industrial Complex”. What is consequently required is a massive redirection of science and technology towards the pursuit of broad societal objectives. In turn, this requires a major shift in what is euphemistically called “US Foreign Policy”, namely America’s global military agenda. Military Affairs: The Current Global Context  The world is at a dangerous crossroads.  The United States and its allies have launched a military adventure which threatens the future of humanity. Under a global military agenda, the actions undertaken by the Western military alliance (U.S.-NATO-Israel) in Afghanistan, Libya, Yemen, Pakistan, Palestine, Ukraine, Syria and Iraq are coordinated at the highest levels of the military hierarchy. We are not dealing with piecemeal military and intelligence operations. Major military and covert intelligence operations are being undertaken simultaneously in the Middle East, Eastern Europe, sub-Saharan Africa, Central Asia and the Asia Pacific region. The current situation is all the more critical inasmuch as a US-NATO war on Russia, China and Iran is part of the US presidential election debate. It is presented as a political and military option to Western public opinion. The US-NATO military agenda combines both major theater operations as well as covert actions geared towards destabilizing sovereign states. America’s hegemonic project is to destabilize and destroy countries through acts of war, support of terrorist organizations, regime change and economic warfare. U.S. and NATO forces have been deployed in Eastern Europe including Poland and Ukraine. In turn, military maneuvers are being conducted at Russia’s doorstep which could potentially lead to confrontation with the Russian Federation. The U.S. and its allies are also threatening China under President Obama’s “Pivot to Asia”. The U.S. led airstrikes initiated in August 2014 directed against Iraq and Syria under the pretext of going after the Islamic State are part of a scenario of military escalation extending from North Africa and the Eastern Mediterranean to Central and South Asia. * * * THE HISTORY OF NUCLEAR WAR AND “COLLATERAL DAMAGE”  “We have discovered the most terrible bomb in the history of the world. It may be the fire destruction prophesied in the Euphrates Valley Era, after Noah and his fabulous Ark…. This weapon is to be used against Japan … [We] will use it so that military objectives and soldiers and sailors are the target and not women and children. Even if the Japs are savages, ruthless, merciless and fanatic, we as the leader of the world for the common welfare cannot drop that terrible bomb on the old capital or the new. …  The target will be a purely military one… It seems to be the most terrible thing ever discovered, but it can be made the most useful.” (President Harry S. Truman, Diary, July 25, 1945)   “The World will note that the first atomic bomb was dropped on Hiroshima a military base. That was because we wished in this first attack to avoid, insofar as possible, the killing of civilians..” (President Harry S. Truman in a radio speech to the Nation, August 9, 1945). [Note: the first atomic bomb was dropped on Hiroshima on August 6, 1945; the Second on Nagasaki, on August 9, on the same day as Truman's radio speech to the Nation] (Listen to Excerpt of his speech, Hiroshima audio video) Hiroshima after the bomb Is Truman’s notion of “collateral damage” in the case of nuclear war still relevant? Publicly available military documents confirm that nuclear war is still on the drawing board  of the Pentagon. Compared to the 1950s, however, today’s nuclear weapons are far more advanced. The delivery system is more precise. In addition to China and Russia, Iran and North Korea are targets for a first strike pre-emptive nuclear attack. US military documents claim that the new generation of tactical nuclear weapons are harmless to civilians. Let us be under no illusions, the Pentagon’s plan to blow up the planet using advanced nuclear weapons is still on the books. War is Good for Business: Spearheaded by the “defense contractors” (Lockheed Martin, Northrop Grumman, Boeing, British Aerospace  et al), the Obama administration has proposed a one trillion dollar plan over a 30 year period to develop a new generation of nuclear weapons, bombers, submarines, and intercontinental ballistic missiles (ICBM) largely directed at Russia and China. War with Russia: From the Cold War to the New Cold War Blowing up Russia, targeting Russian cities is still on the Pentagon’s drawing board.  In the words of Hillary Clinton, the nuclear option is on the table.  Preemptive nuclear war is part of her election campaign. Source: National Security Archive According to 1956 Plan, H-Bombs were to be Used Against Priority “Air Power” Targets in the Soviet Union,China, and Eastern Europe.   Major Cities in Soviet Bloc, Including East Berlin, Were High Priorities in “Systematic Destruction” for Atomic Bombings.  (William Burr, U.S. Cold War Nuclear Attack Target List of 1200 Soviet Bloc Cities “From East Germany to China”, National Security Archive Electronic Briefing Book No. 538, December 2015 Excerpt of list of 1200 cities targeted for nuclear attack in alphabetical order. National Security Archive   GLOBAL WARFARE The US has formulated a global war scenario, which is defined in military documents. There are three major regional deployments of US-NATO which threaten Global Security: Eastern Europe on Russia’s Western Frontier, with the deployment of US-NATO military hardware on Russia’s doorstep “The Pivot to Asia” largely directed against China The Middle East and North Africa, extending to Central Asia In the above regions, the use of nuclear weapons on a preemptive basis is contemplated against both nuclear and non-nuclear states. In other regions of the World including Latin America and sub-Saharan Africa, non-conventional forms of warfare are envisaged including destabilization,  ”regime change”,  covert support to terrorist organizations, economic warfare.   1.  THREATENING RUSSIA ON ITS WESTERN FRONTIER Russia is threatened on its Western frontier with the US-NATO deployment of the so called missile defense system. A pro-US regime has been installed in Kiev which integrates two prominent Neo-Nazi Parties. Neo-Nazis are heavily integrated in Ukraine’s National Guard and military. The US government is channeling financial support, weapons and training to a Neo-Nazi entity –which is part of The Ukraine National Guard– The Azov Battalion (????????? ????) is  under the jurisdiction of the Ministry of Internal Affairs, the equivalent of America’s Homeland Security. Kill the Russians: The New Cold War is no longer Cold A former CIA Official is calling for the “Killing of Russians”.  The US media and the the State Department applaud: CBS News, Charlie Rose   2. “PIVOT TO ASIA”:  SOUTH CHINA SEA China is threatened by the US military in the South China Sea WAR WITH CHINA IS CURRENTLY ON THE DRAWING BOARD OF THE PENTAGON AS OUTLINED IN A RAND REPORT COMMISSIONED BY THE US ARMY Washington is actively involved in creating divisions between China and its neighbours. The objective is to draw South East Asia and the Far East into a protracted military conflict by creating divisions between China and ASEAN countries, most of which are the victims of Western colonialism and military aggression: Extensive crimes against humanity have been committed against Vietnam, Cambodia, Korea, the Philippines, Indonesia. In a bitter irony, these countries are now military allies of the United States. Bilateral economic relations with China are destabilized. The Trans Pacific Partnership (TPP) is a US hegemonic project which seeks to control trade, investment, intellectual property, etc in the Asia Pacific region. THAAD MISSILE DEPLOYMENT IN SOUTH KOREA DIRECTED AGAINST CHINA THAAD missiles are deployed in South Korea, against China, Russia and North Korea.  Washington states that THAAD is solely intended as a Missile Shield against North Korea. THAAD System The Jeju island military base is also directed against China.  Less than 500km from Shanghai   3. US-NATO WAR IN THE MIDDLE EAST AND NORTH AFRICA (MENA) Meanwhile, under the pretext of  waging a “war on terrorism”, US-NATO are intervening militarily in the broader Middle East Central Asian region extending from the Mediterranean to Central Asia: Afghanistan, Iraq, Libya, Syria and Yemen, resulting in several million civilian deaths. THe objective is to destabilize and destroy sovereign countries and to displace secular governments under regime change. The next stage of the Middle East war is Iran. The Global War on Terrorism is a Big Lie. Al Qaeda is a Creation of US Intelligence From the outset of the Soviet-Afghan war in 1979 to the present, various Islamic fundamentalist paramilitary organizations became de facto instruments of US intelligence and more generally of the US-NATO-Israel military alliance. The US has actively supported Al Qaeda affiliated terrorist organizations since the onslaught of the Soviet Afghan War.  Washington has engineered the installation of Islamist regimes in Afghanistan and Pakistan. It has destroyed the fabric of secular societies. Confirmed by Israeli intelligence media,  the Al Qaeda opposition fighters in Syria are recruited by US-NATO and the Turkish high command. They are the foot-soldiers of the Western military alliance, with special forces in their midst. The Al Qaeda affiliated “moderate” terrorist organizations in Syria are supported by Saudi Arabia and Turkey. The counter-terrorism agenda is bogus. It’s a criminal undertaking. What is being bombed is the civilian infrastructure of a sovereign country. The Historical Origins of al Qaeda In this video-footage President Carter’s National Security Advisor Zbigniew Brzezinski (1979) arrives in a helicopter and speaks to a translator in front of a seated crowd of Mujahedeen: ‘We know of their deep belief in god – that they’re confident that their struggle will succeed. – That land over-there is yours – and you’ll go back to it some day, because your fight will prevail, and you’ll have your homes, your mosques, back again, because your cause is right, and god is on your side.’ The video-footage can be found in the documentary series “Cold War” (Episode #24, Soldiers of God, 1975-1988), Turner Original Productions (Time Warner), 1998. Speaker Kenneth Branagh. Front row, from left: Major Gen. Hamid Gul, director general of Pakistan’s Inter-Services Intelligence Directorate (ISI), Director of Central Intelligence Agency (CIA) Willian Webster; Deputy Director for Operations Clair George; an ISI colonel; and senior CIA official, Milt Bearden at a Mujahideen training camp in North-West Frontier Province of Pakistan in 1987. (source RAWA) Referred to as “Freedom Fighters”, president Reagan meets Afghan Al Qaeda Mujahideen leaders at the White House  The Central Intelligence Agency using Pakistan’s ISI as a go-between played a key role in training the Mujahideen. In turn, the CIA-sponsored guerrilla training was integrated with the teachings of Islam. The madrasahs were set up by Wahabi fundamentalists financed out of Saudi Arabia: “[I]t was the government of the United States who supported Pakistani dictator General Zia-ul Haq in creating thousands of religious schools, from which the germs of the Taliban emerged.”(Revolutionary Association of the Women of Afghanistan (RAWA), “RAWA Statement on the Terrorist Attacks in the U.S.”, Centre for Research on Globalisation (CRG), 16 September 2001) Destroying National Sovereignty and Secular Societies, Installing an Islamic State (Made in America) What has been the fate of Afghanistan. A progressive secular state in the 1970s and early 1980s has become a US failed State integrated by US supported Al Qaeda terrorists. This is the model that US-NATO want to impose on Syria, Iraq, Libya: Destroy national sovereignty and replace it with an Islamic State which conforms to Washington’s demands. Kabul University in the 1980′s Unknown to the American public, the US spread the teachings of the Islamic jihad in textbooks “Made in America”, developed at the University of Nebraska: … the United States spent millions of dollars to supply Afghan schoolchildren with textbooks filled with violent images and militant Islamic teachings, part of covert attempts to spur resistance to the Soviet occupation.   The primers, which were filled with talk of jihad and featured drawings of guns, bullets, soldiers and mines, have served since then as the Afghan school system’s core curriculum. Even the Taliban used the American-produced books,..   The White House defends the religious content, saying that Islamic principles permeate Afghan culture and that the books “are fully in compliance with U.S. law and policy.” Legal experts, however, question whether the books violate a constitutional ban on using tax dollars to promote religion.   … AID officials said in interviews that they left the Islamic materials intact because they feared Afghan educators would reject books lacking a strong dose of Muslim thought. The agency removed its logo and any mention of the U.S. government from the religious texts, AID spokeswoman Kathryn Stratos said.   “It’s not AID’s policy to support religious instruction,” Stratos said. “But we went ahead with this project because the primary purpose . . . is to educate children, which is predominantly a secular activity.”   … Published in the dominant Afghan languages of Dari and Pashtun, the textbooks were developed in the early 1980s under an AID grant to the University of Nebraska -Omaha and its Center for Afghanistan Studies. The agency spent $ 51 million on the university’s education programs in Afghanistan from 1984 to 1994.” (Washington Post, 23 March 2002)   CONCLUDING REMARKS  War is not an inevitable process. War can be prevented through mass action. War criminals occupy positions of authority. The citizenry is galvanized into supporting the rulers, who are “committed to their safety and well-being”. Through media disinformation, war is given a humanitarian mandate. The legitimacy of the war must be addressed. Antiwar sentiment alone does not disarm a military agenda. The corporate backers and sponsors of war and war crimes must also be targeted including the oil companies, the def

The BIG CHANGE: SRSRocco Explains Why It Will Be Important to Own Gold and Silver in the Next 3-5 Years Posted: 20 Aug 2016 06:53 PM PDT from Silver Doctors: Expert Gold, Silver, and Energy Analyst SRSRocco Joins the Show This Week, Discussing: Bull Market Reboot – Gold and Silver Are Being Attacked By TPTB, But They're Losing Control! What Happens if Stocks and Bonds Crash?  5% In Gold is a Joke!  Are We In the 2nd Inning of the Most Powerful Bull Market in History? The Big Change: Expert Explains Why It Will BeImportant to Own Gold and Silver in the Next 3-5 Years Everything Is Giving Out, I Think This is Going to Get MUCH WORSE… Podcast: Play in new window | Download Read More @ Silverdoctors.com

Losing Louisiana: Shocking Images Of Life After A 1000-Year Flood Posted: 20 Aug 2016 06:40 PM PDT Floods ravaged the state of Louisiana, leaving at least 11 people dead and 30,000 more forced to flee rising waters after days of catastrophic rainstorms. Bloomberg's Brendan Smialowski captured these images of the aftermath... A boy rides his bike inside the flood-damaged Life Tabernacle Church...   John Booth (left) sits with Angela Latiolais's (second from left) family while helping them save belongings after flooding...   A dump truck stranded in a flooded construction site...   A boat full of dogs makes its way through a flooded neighborhood...   Volunteers move cages at a temporary animal shelter inside the Lamar Dixon Expo Center near a flood victims' shelter after flooding...   A family of deer makes its way through flood waters...   People carry computer parts from a boat after flooding...   A car partially submerged in flood waters...   The Gold-N-Guns pawn shop seen in flood waters...   Rubble burns after flooding...   Of course, on the bright side, now economists have an excuse for weak Q3 GDP data. *  *  * And finally - after all that devastation- there is this... The Aqua Dam... The Aqua Dam sounds truly nuts. A giant inner-tube around your house to protect you from floods? And it costs more than $8,000? That's some serious prepper stuff, and surely crazy. Well, this one worked magnificently during the Louisiana and Texas floods. Private enterprise comes through again! This is exactly the kind of thing that can only emerge in a free society where people can experiment and try out all kinds of different ways of solving problems. It's something that clearly a lot of people would think is ridiculous or too expensive, not practical, etc., yet it's the very thing that saved Randy Wagner's house. If we were all forced to leave it up to a one-size-fits-all state enforced solution to flooding, you know what would have happened: Wagner would have been forcibly evacuated from his home and would have had to watch as it got destroyed. But in a world where entrepreneurs can offer a variety of different products, and where buyers are free to take a chance on things they may not know for sure are going to work out, a family home survived a flood.

Dollar Disaster Looms? China and Russian Currencies Break Away Posted: 20 Aug 2016 06:30 PM PDT from The Daily Bell: Russia leaves the Dollar based monetary system and adopts a system of Sovereign Currency. The implications are phenomenal! "In 1990 the first priority of Washington and the IMF was to pressure Yeltsin and the Duma to "privatize" the State Bank of Russia, under a Constitutional amendment that mandated the new Central Bank of Russia, like the Federal Reserve or European Central Bank, be a purely monetarist entity whose only mandate is to control inflation and stabilize the Ruble. In effect, money creation in Russia was removed from state sovereignty and tied to the US dollar." 2016: "The Stolypin club report advises to increase the investment, pumping up the economy with money from the state budget and by the issue of the Bank of Russia". Putin decided to follow the Stolypin club advice as the new monetary policy of the country. -Before It's News Money is changing fast and the US dollar is going to crash. Here's an excerpt from yet another recently published article (translated from the Russian) describing how the ruble may now evolve (here). We must nationalize the ruble. What does it mean? It means that we must separate the internal markets from the external ones. … Thus, the first step for Russia is secession from the IMF and others similar institutions designed to keep the entire world in bondage. The dollar noose must be cut. Now the amount of printed rubles will not be determined by how many dollars we have but by the actual needs of our economy. … We have absolutely no need in the central bank in its current form, but we do need a financial regular. Under any regime, it was the Treasury that performed this function. Let it remain the same now regardless of the official name. It may continue to be called the Central Bank. If the essence is changed, there is no need in changing plaques. You can also see an article (here) that goes into this issue more deeply and claims that Putin has in mind backing a portion of the ruble with gold as well. (We should note there are claims the  ruble is backed by gold already.) Read More @ TheDailyBell.com

"There's Going To Be A Massive Run On Firearms" If A Hillary Win Is Imminent Posted: 20 Aug 2016 06:00 PM PDT Submitted via Mac Slavo via SHTFplan.com Survival Expert James Rawles Warns: “There’s Going To Be A Massive Run On Firearms… Bigger Than Anything We’ve Ever Seen Before” If Hillary Win Is Imminent James Wesley Rawles is a former intelligence officer of the United States Army, prolific author and one of the top survival experts in the world. In his best-selling book series Patriots he paints a terrifying picture of a post-collapse America where food is scarce, currency is worthless, law and order have broken down, and survival is a daily struggle. It’s a fictional tale, of course, but one that is grounded in real-world possibilities. In his latest interview with SGT Report, the SurvivalBlog.com founder breaks down the probability of such a scenario and explains that should it come to pass, where hyperinflation destroys our currency or a world war ravages America, the most important thing to have in your possession will be essential tangible assets. Further, Rawles notes that as we get closer to the possibility of a Hillary Clinton Presidency, we may soon see panic buying of firearms, ammunition and gun-related accessories. Venezuela is a microcosm of a centrally planned government and currency run amok… and we need to learn from their example.   If you notice the things that people are clamoring for are tangibles… they’re looking for food and they’re looking for currencies that are inflation proof and that usually means precious metals.   So if we’re going to learn anything from Venezuela it’s tangibles, tangibles, tangibles.   …Wake up… watch what’s happening in Venezuela… you need to get your beans, bullets and band aids squared away… Those tangible items are going to be what pulls your family through the hard times ahead. And regardless of what happens to currencies, if you have a honest one year supply of food, preferably two years, and a good core position in physical precious metals that you hold at home… hidden… not in a bank because banks are vulnerable to banking holidays where they would limit or eliminate access to your safe deposit box…   If you have those tangibles… food, silver and my other favorite is common caliber ammunition… that’s the other thing you should really stock up on heavily.   I have a feeling that as we get closer to the election and if it looks like the poll numbers are leaning to Hillary winning there’s going to be a massive run on firearms… bigger than anything we’ve ever seen before… and along with that people are going to be rushing to buy any ammunition they can, reloading components and full capacity magazines. If you want to survive a collapse scenario this is a must-listen interview:

A Silver Lining For Ryan Lochte? Posted: 20 Aug 2016 05:30 PM PDT The ability to look straight down the lens of a camera and lie to American faces... can be quite lucrative...     Source: MichaelPRamirez.com

Including yuan, gold in SDRs will launch gold's strongest rise, Leeb says Posted: 20 Aug 2016 05:28 PM PDT 8:27p ET Saturday, August 20, 2016 Dear Friend of GATA and Gold: Fund manager Stephen Leeb tells King World News today that China will welcome the International Monetary Fund's recomposition of its Special Drawing Rights with the yuan and gold, prompting the biggest bull market in history for the monetary metal. Leeb's commentary is posted at KWN here: http://kingworldnews.com/this-historic-event-is-about-to-shock-the-world... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org ADVERTISEMENT Sandspring Resources Commences 2016 Exploration Campaign Company Announcement August 17, 2016 Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America. In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization. For the remainder of the announcement and highlights of the 2015 drill program: https://finance.yahoo.com/news/sandspring-resources-commences-2016-explo... Join GATA here: New Orleans Investment Conference Wednesday-Saturday, October 26-29, 2016 Hilton New Orleans Riverside New Orleans, Louisiana http://neworleansconference.com/ Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference: https://jeffersoncompanies.com/landing/2014-av-powell Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16

Why Gold Is Going Far Higher in 6 Charts Posted: 20 Aug 2016 03:51 PM PDT by Stephen McBride, Mauldin Economics, Value Walk: Asset prices are at all-time highs around the world. Since 2008, assets under management have increased by a whopping 43%. The reason? Institutional investors have been taking advantage, gobbling up all they can get. But while institutions have been on a buying spree, there is one asset they have neglected. And, best of all, there's no risk attached to owning it. Best performing asset ignored This asset is considered the best investment of 2016. It's outperformed the S&P 500 and USD by 19% and 29%, respectively. It is also the only financial asset that is not simultaneously someone else's liability. That asset is gold. Up 26% year to date. However, as a percentage of global financial assets, it is near all-time lows. Gold made up 5% of global financial assets in 1960. Today it is a meagre 0.58%. If that figure returned to its 1980 figure of 2.74%, that would translate into an additional $2.5 trillion flowing into gold and gold stocks. That's eight times the current market cap of the entire gold industry, which now stands at $324.4 billion. With the current uncertainty, NIRP, and ZIRP, gold is once more seen as a hedge against inflation. Since the bear market began in 2011, demand for gold bullion and coins has increased. But investment demand has stayed low, until now. Investment demand for gold rose 122% from Q1 2015–Q1 2016. Money flowing into Gold ETF's jumped over 300%. However, we haven't seen capital migration from general financial assets into gold. So, where have these bullish inflows come from? The biggest hedge funds are flocking into gold 2016 has brought some of the world's biggest hedge funds into gold. Stanley Druckenmiller warned investors to "get out of the stock market." His firm now holds a 30% position in gold, the firm's largest currency position. George Soros cut his US holdings by 37% in Q1 2016. He then purchased 1.05 million shares in the SPDR Gold Trust and took a $264 million stake in the world's biggest gold producer, Barrack Gold. Although hedge funds mean large investments, they're not the main reason gold is flying. Pension funds are pushed into a corner The task of pension funds is to generate stable growth over the long term. This has become increasingly hard with volatile equity markets and low to negative bond yields. During economic turmoil, investors have usually turned to bonds (Grey areas indicate recession). But with yields at or below zero, they are no longer yielding real returns for funds. Although equity markets have risen, general sentiment has been cautious given the recent volatility. Pension funds in the US totalled $22 trillion at the end of 2015. As a result of poor performance, they are now running a $3.4 trillion deficit. The reality is that the traditional yield sources are either non-existent or too volatile. Read More @ Valuewalk.com

$880 Per Ounce Silver? US Debt Clock Mysteriously Starts Showing REAL Value of Precious Metals Posted: 20 Aug 2016 03:29 PM PDT from Victurus Libertas:

The SILVER Royal Price Flush! Posted: 20 Aug 2016 03:15 PM PDT by Bo Polny gold2020forecast: After calling the exact Gold bottom at $1045 on December 3, 2015 in a Future Money Trends Interview (click LINK here), for months now we have been writing and talking about upward price movement in both Gold and Silver that HAS occurred as forecast; however today are about doing something COMPETELY different… Today, we are writing about what we are calling 'The SILVER Royal Price Flush!' To add fuel to our update, today in a perfectly timed 'Breaking' announcement the 'US Mint Halts Silver Eagle Coin Production' due to LACK OF DEMAND (LINK click here)! Those hoping for higher price in the near term are about to be very disappointed and those waiting for a buying opportunity, IT IS COMING. In summary, a Gold and Silver price explosion awaits us this year 2016 as we have been forecasting; but NOT just yet. BEFORE the price explosion, expect The Royal Price FLUSH resulting in an incredible Entry TIME and PRICE point. Also if you have not done so yet, be sure to take 15- minutes and watch our latest VIDEO, Chaos 2016. Have a great weekend. Warm Regards, Bo Polny Read More @ Gold2020forecast.com

GERALD CELENTE - 3 WILD CARDS THAT COULD TRIGGER OBAMA'S DREADED THIRD TERM Posted: 20 Aug 2016 01:43 PM PDT What are the THREE wildcards that could trigger Obama's third term? Legendary trends forecaster Gerald Celente joins Gary Franchi to answer. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

The Only Reason The Dollar Has Not Collapsed Is Because Of Fraud, Manipulation & Graft: ‘V’ Posted: 20 Aug 2016 01:30 PM PDT from X22Report Spotvlight:

Former Soviet Leader Gorbachev Has A Message the World Needs to Hear Posted: 20 Aug 2016 01:00 PM PDT by Alice Salles, The Anti Media: In August of 1991, members of the Soviet Union's government — who were also hard-line members of the Communist Party of the Soviet Union (CPSU) — attempted to take control of the country. What many call a coup attempt failed in just two days. This month marks the 25th anniversary of the failed effort. During a conversation with Interfax, former Soviet Union president Mikhail Gorbachev spoke openly about the situation of the Soviet Union at the time. But he also seized the opportunity to take a stab at what many in America believe to be one of their country's worst traits: foreign interventionism. When the collapse of the Soviet Union seemed imminent, Gorbchev told Interfax, "I told the Americans: you are trying to impose your democracy on the people of different countries, spreading it around like coffee in bags, but we must give the people a chance to make their own choice." The "one-legged solutions" imposed by American governments against other nations, Gorbachev added, are inevitable and beyond the president's power. "Even President Obama," the former Soviet president said, "democratically elected and enjoying in this regard a significant authority in the country, could not change this course." His discontent seems to be rooted in how America reacted to the collapse of the Soviet Union, noting "[t]hey did not want the Soviet Union to become a powerful democratic state." According to Gorbachev, reforms and changes were already underway, and decentralization of the Soviet Union was only a matter of time. At the time, U.S. officials feared their country's "policy of unilateral measures … [or] the policy of US domination in global affairs" would not work, Gorbachev added, prompting U.S. officials to push for a total collapse as opposed to letting the country take its own course. He continued: "And then, when they made a bid for Boris Yeltsin, their goal was the same – to prevent the emergence of Russia as a powerful democratic state. Remember, when the [Soviet] Union collapsed, what was the West's reaction to this tragic event? They said, 'this is a gift from God.' And when Russia was on its back, the US president openly applauded the Russian leadership of the time." During the interview, RT confirms, Gorbachev admitted that the union's downfall was not mainly due to foreign intervention. Instead, he declared, "the country's authorities and he himself were late with reforms which were strongly needed." Said reforms included the replacement of "the centralized government planning that had been a hallmark of the Soviet system with a greater reliance on market forces." But Gorbachev defended his position by saying that, once the country was getting ready "to launch [reforms], reshaping the entire system of managing the [Soviet] Union … our opponents also knew that tomorrow would be too late" — meaning members of the Western world, including the United States. The former Soviet leader claimed they knew "there were contradictions, that the old shape of the Union no longer" met the needs of the country, and that the USSR "had to be reformed, decentralized, but not destroyed." He also added that, by then, he thought "only a fool would try to break it all." But once he allowed confidence to grow into arrogance, Gorbachev told reporters, things got out of his control. Twenty-five years after the failed coup, Gorbachev appears to admit that domestic intervention is just as bad as foreign intervention, providing those who are listening with a great opportunity to learn from his own mistakes as a statesman. While the Soviet Union had a long history of perpetrating crimes against humanity that are often hard to compare to any other brutal dictatorship in history due to their devastating outcome, it's also important to consider that many may have learned from this tragic episode in history. As a result, many now have a better grasp of human nature and voluntary exchange. Hopefully, his words on the dangers of intervention — domestic or abroad — will resound with the Russian people, and maybe even with Americans. Read More @ TheAntiMedia.org

The NSA Built a Secret, Warrantless, Shadow ‘Social Network’ and You’re Already On It Posted: 20 Aug 2016 12:17 PM PDT The NSA Built a Secret, Warrantless, Shadow 'Social Network' and You're Already On It The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

James Turk: What did J.P. Morgan mean? Posted: 20 Aug 2016 12:00 PM PDT 3p ET Saturday, August 20, 2016 Dear Friend of GATA and Gold: What is money? GoldMoney founder and GATA consultant James Turk's new essay lets the financier J.P. Morgan answer the question with his testimony to a congressional subcommittee in 1912: "Money is gold, and nothing else." That is, gold is unique as money without counterparty risk. Turk's commentary is headlined "What Did J.P. Morgan Mean?" and it's posted at GoldMoney's Internet site here: https://wealth.goldmoney.com/research/goldmoney-insights/what-did-jp-mor... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org ADVERTISEMENT Sandspring Resources Commences 2016 Exploration Campaign Company Announcement August 17, 2016 Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America. In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization. For the remainder of the announcement and highlights of the 2015 drill program: https://finance.yahoo.com/news/sandspring-resources-commences-2016-explo... Join GATA here: New Orleans Investment Conference Wednesday-Saturday, October 26-29, 2016 Hilton New Orleans Riverside New Orleans, Louisiana http://neworleansconference.com/ Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference: https://jeffersoncompanies.com/landing/2014-av-powell Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16

Mobile operators face legal threats over alleged collusion in Phones 4u collapse Posted: 20 Aug 2016 11:50 AM PDT This posting includes an audio/video/photo media file: Download Now

Silver Analysis Posted: 20 Aug 2016 09:34 AM PDT As I have been noting of late, both gold and silver have been trapped in sideways trading patterns for some time now, meaning that there really has not been a whole lot worth saying about the price action in either metal. That MIGHT POSSIBLY be changing in regards to silver. The reason is simple – price is down at the very bottom of the sideways trading range that has been intact for nearly seven weeks.

Gold Stock Technicals During Dog Days of Summer Posted: 20 Aug 2016 09:04 AM PDT The gold stocks are trading around their highs but have failed to breakout this August. Is that due to the dog days of summer, the upcoming Fed conference or something else? We aren’t sure and don’t think it matters a great deal anyway. With that said, let’s delve into the current technicals.

Housing Bubble - The Marginal Buyer Holds The Pin That Pops Every Asset Bubble Posted: 20 Aug 2016 08:51 AM PDT Q: How much is my house worth? A: Whatever the highest bidder is willing to pay for it. Those of you who took an introductory Economics class in high school or college may remember learning that prices are set "at the margin". That's a fancy way to say that prices are set by the person (or people) willing to pay the most. This person willing to pay top dollar is called the "marginal buyer". Most of us don't really think about him much, but he (or she) is very, very important.

The Next Financial Crisis Will Be The WORST In Human History Posted: 20 Aug 2016 08:37 AM PDT  Economic collapse and financial crisis is rising any moment. Getting informed about collapse and crisis may earn you, or prevent to lose money. Do you want to be informed with Max Keiser, Alex Jones, Gerald Celente, Peter Schiff, Marc Faber, Ron Paul,Jim Willie, V Economist, and many... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Breaking News And Best Of The Web Posted: 19 Aug 2016 05:37 PM PDT Negative interest rates getting a lot of attention. More scary predictions from George Soros. Citi loads up on derivatives. Fed officials predicting Sept rate hike. Corporations buy back fewer shares, insiders sell more. Money pours into emerging markets. Silver miners gain fans. Trump hires new people, keeps falling in polls.   Best Of The Web […] The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

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