- Pope Addresses the United Nations
- The Table Is Set For The Next Financial Crisis
- Poll finds almost a third of Americans would support a military coup
- Down the Memory Hole: NYT Erases CIA’s Efforts to Overthrow Syria’s Government
- ACCC set to investigate whether Australia's banks are acting unlawfully by blacklisting Bitcoin traders
- If a Mainstream Reporter Told the Truth the Pillars of Reality Would Crumble
- Refugee Crisis in Syria Raises Fears in South Carolina
- New global data suggests air pollution kills 10 million people per year
- Study: Loss of Dairy Farm Immigrant Workers Would Double Retail Milk Prices
- California Lake Mysteriously Runs Dry Overnight, Thousands Of Fish Dead
- What Are a Hospital’s Costs? Utah System Is Trying to Learn
- Legislator Says Gift Ban Violates His Freedom of Speech
- Deutsche Bank – the New Lehman Brothers?
- Student accused of being a terrorist for reading book on terrorism
- China Deflation Watch: Now Comes ‘An Ocean Of Diesel’ Exports
- Starbucks Falls Short After Pledging Better Labor Practices
- Mayor Rahm Emanuel Urges Tax Increases to Mend Chicago’s Finances
- German Finance Minister Schäuble spins why Greeks have to pay back loans and Germany doesn’t
- Apple's App Store Got Infected With The Same Type Of Malware The CIA Developed
- After Volkswagen Revelation, Auto Emissions Tests Come Under Global Scrutiny
- "Doomsday" Arctic Seed Vault Tapped For First Time In History As Syrian Civil War Threatens Biodiversity
We are pleased to announce that PrepareDirect is offering PeakProsperity.com readers a special discount of 5% off the newly developed Survival Cube
Lots of new uses for the cattail plant that can come in handy during survival situations.
This report centers on preponderance of fascinating data revealing the extent of the West's massive dis-hoarding of physical gold, for the first time, begins to allow us to start estimating the range of end-dates for the flow to the East.
Here’s the punchline: there’s an enormous and growing disconnect between the cash and physical markets for gold. This is exactly what we would expect to precede a major market-shaking event based on a physical gold shortage.
- The amount of gold in London's vaults dropped by 1/3 in the past year(!)
- Activity at the COMEX is flashing warning signs
- When to worry about physical defaults
- Simple math will win out: the West is fast running out of its bullion
An interesting piece of detective work was done by Ronan Manly at Bullionstar.com where he noted that the LBMA reported pronounced drops in the amount of gold stored in London vaults, which includes both gold held at the Bank of England as well as non-official vaults within the LBMA system.
To summarize his report, here’s the amount of gold reportedly held in London:
- April 2014 – 9,000 tonnes
- Early 2015 – 7,500 tonnes
- June 2015 – 6,250 tonnes
That means that 2,750 tonnes left London over the past 1+ year.
Does such a large number even make sense?
Well, sure, if we consider that just four countries cumulatively imported (or increased reserves) by ~4,500 tonnes since the beginning of 2014.
Confirming this is the handy chart below of gold flows as compared to...
Ah, student debt.
If you have it, you're not alone; 40 million Americans carry some form of student debt, according to CNN.
But if you thought you were stuck with it, you might just be wrong, according to an article in Yes! Magazine.
Daily Digest 9/25 - Good News Friday: Pope Francis' Message To Congress, Alpacas Help The Mentally Ill
- Pope Francis’ U.S. Visit Could Benefit Both Left and Right
- Transcript: Read the Speech Pope Francis Gave to Congress
- Francis and Sophie's secret: girl who hugged pope delivers immigration plea
- GOP lawmakers: Boehner to step down end of October
- The Good Soldier: Why a Suicidal Officer Had to Go AWOL to Save His Life
- Best Gold Stocks for this Rally
- China to announce cap-and-trade program, U.S. says
- A rechargeable battery to power a home from rooftop solar panels
- At This New Jersey Farm, Alpacas Help the Mentally Ill
In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:
- The Periphery Is Collapsing Fast
- Emerging market currencies are falling hard vs the US dollar
- China Is Running Off The Rails
- We're witnessing a bust in progress
- Europe's Black Swan Has Landed
- A migrant crisis no one saw coming this quickly
- The US Is Sliding Back Into Recession
- The data is bad and getting worse
Learn the basics of building these inexpensive and natural structures - great for storage areas (root cellar) and tool sheds.
- Margaret Atwood: we are double-plus unfree
- US Equity Futures, Yuan Plunge After China Manufacturing PMI Collapses To March 2009 Lows
- The New Shackle of Serfdom: Clinging to Healthcare Insurance
- Do you want Australia's megarich to be kidnapped? Do you? Then let them hide their tax
- Global Economy Imploding Now: Warren Pollock
- Robot revolution sweeps China's factory floors
- Is Wall Street Playing Dirty?
- Probable Cause with Sibel Edmonds
- Weak factories data weigh on shares; euro rises
- Capitalism and Economic Growth
- Governments’ Hands Are Chained; They Cannot Prevent Their Demise
- Democracy Has Departed The West: Paul Craig Roberts
- ‘I’m beginning to struggle with why we even do plans’: New towers will block $400K solar panels in Edmonton
Streets and sidewalks take up 25 to 50 percent of a typical U.S. city’s land. New York City, for example, is on the lower end of that scale at 28 percent and Chicago (42 percent), Washington D.C. (43 percent) and Portland, Oregon, (47 percent) are at the higher end.
By Richard Gunderman, Chancellor's Professor of Medicine, Liberal Arts, and Philanthropy and David C Stevens, Resident, Radiology both of Indiana University-Purdue University Indianapolis. Cross-posted from The Conversation.
- China government think tank says economy may grow 6.9 percent this year: state media
- Crisis-hit Puerto Rico takes up VAT route to shore up revenues
- Forecast for economic growth in 2016 gets gloomier (Canada)
- Russian Options Narrow as Putin Looks to Exporters' Windfall
- China’s Workers Stumble as Factories Stall
- Bad-Loan Hiatus Ending for Canada Banks as Oil and Economy Slump
- Mutual Funds Face New U.S. Rules for Preventing Investor Runs
- Britain's £1.5 TRILLION debt pile keeps growing as Government borrowing sees shock rise
- Vermont’s debt hits $3.2 billion
- Chicago Faces Record Tax Increase as Pensions Compound Deficit
- Large manufacturers' revenue in S. Korea posts biggest decline in 12 years
- Australia house-price inflation accelerates in Q2
- Brazil Treasury fails to sell fixed-rated notes at auction
- Asia Development Bank cuts growth forecasts for China, Asia
- Germany's Five-Year Yields Drop Below Zero as Equities Tumble
- China injects 50 billion yuan into market
- ECB's Nowotny Says Dangerous to Raise Rates Too Soon
- Nigeria central bank governor under fire over currency controls
- Mexican Central Bank Holds Rates After Fed Inaction
- Hungary Central Bank Sees Main Rate Staying at Record Low Longer
A great list of items to begin adding to your compost pile to make better soil and reduce your waste stream.
Copenhagen-based Sharing.Lab uses technology to foster in-person interactions among urban residents. (Park Inn Blog)
The current, technology-driven incarnation of the sharing economy in Denmark draws on the country's long tradition of cooperativism, dating back at least to its transition (c. 1800) from grain to cattle and dairy farming. Besides agricultural cooperatives, cooperative stores, cooperatively-owned windmills, communes, and co-housing proliferated into the early twentieth century.
Tony Bacigalupo (left) facilitates an unconference at the last Global Coworking Unconference Conference in Berkeley, CA. Photo: Cat Johnson
- Thousands Ricochet Across Europe: Inside the Migrant Crisis
- City’s Poverty Rate Shows No Improvement
- Marin Katusa: Federal Reserve Can’t Raise Rates Because of Deflation
- Why The Kids Are Still In The Basement
- Want Online Privacy? Here's How
- There Are Indications That A Major Financial Event In Germany Could Be Imminent
- How an obscure drug’s 4,000% price increase might finally spur action on soaring health-care costs
- Why the US hides 700 million barrels of oil underground
- Volkswagen Drops 23% After Admitting Diesel Emissions Cheat
The central planners are setting the stage for the next round of officially sanctioned theft and this time they mean to assure that you have no way(s) of escaping.
They’re coming for your cash. This is a risk that Charles Hughes Smith explored for us back in June in a very well-received analysis.
Once a fringe idea, this concept is now being openly discussed and debated at the highest levels publicly. Which means it is being hotly discussed behind closed doors, and likely has been for a long time.