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Paper Markets Are A Joke: Prepare for Bullion Prices to Go Supernova
“I think that the prices will continue higher. I mean the amount of money printing is unbelievable. I just think you have to take that initial stand in terms of buying it. I use the James Turk analogy: just keep dollar averaging. We have gone up eleven years in a row, this year it looks like it will be no exception; I would certainly think next year will be no exception. If we ever have QE3 announced, I think gold and silver will just go absolutely bonkers here. And so I just think you have got to step in there and own it; we’ve had these fears all the way along. You know, $400, and $500 and $700 and $800 dollar gold, everyone was afraid it was a one-time thing. I don’t think it is a one-time thing, I think it is Read more…
North Carolina Most At-Risk Against Rising Sea Levels
If one man could hold back the sea, North Carolina wouldn’t need to worry about rising ocean levels. Neither would New York, Boston or Miami. (Photo: Reuters Photographer/Reuters)The problem with reports about rising sea levels is that the damn thing—the world’s ocean—seems to creep up very, very slowly. In the past 21 centuries it’s raised an average of .07874 an inch every year, about the thickness of a nickel.
That doesn’t sound like much, right? Nothing to worry about! But what makes rising sea levels a deadly serious problem is that the ocean just keeps creeping up, up, up. And the average in recent decades is more like an inch a year.
In fact a new report from the National Academy of Sciences says the rate of Read more…
New industrial revolution needed to avert ‘planetary catastrophe’ – UN report
Scientists warn volcanoes in Australia are due to erupt
Scientists are now warning that volcanoes in Western Victoria and South Australia are due to erupt. The prediction comes just hours after two earthquakes hit the state this morning.
Using new dating techniques, University of Melbourne scientists have found that the volcanoes usually erupt every 2000 years, with the last eruption at Mt Gambier, South Australia, 5000 years ago. It comes as Victorians are warned to brace themselves for more tremors after a shallow magnitude quake hit at 11.32am, sending shockwaves through towns and suburbs more than 100 kilometres away. A series of tremors lasting up to 15 seconds have been felt across Melbourne’s CBD and southeastern suburbs. A second, smaller quake shook Korumburra, with reports it was again felt in Melbourne, at 12.37pm
Some Victorians say their houses shook violently for about 10 seconds, and many reported hearing the earth rumble. Experts say the quake struck 8 kilometres underground, and said the epicentre was about 7km west of Korumburra. So far, there are no reports of any major damage, except hairline cracks in some peoples’ homes. The area in Gippsland is prone to Read more…
Drone strikes are police work, not an act of war?
Launching an air strike in another nation would normally be considered an act of aggression. But advocates of America’s rapidly expanding unmanned drone programme don’t see it that way.
They are arguing, as Tom Ricks writes on his blog The Best Defense over at Foreign Policy, that the campaign to kill militants with missile strikes from these unmanned aircraft, is more like police action in a tough neighborhood than a military conflict.
These raids conducted by sinister-looking Predator or Reaper aircraft in Afghanistan, Pakistan, Yemen – and since last month in Somalia – should not be seen as a challenge to states and their authority. Instead they are meant to supplement the power of governments that are Read more…
MI5 admits to wrongful surveillance of innocent people, new report says
The UK’s Security Service wrongly gathered information about innocent telephone users during criminal surveillance, a report into the interception of communications has said.
The MI5 acquired data belonging to subscribers of 134 telephone numbers following a failure in software, Sir Paul Kennedy, Interception of Communications Commissioner, said..
“These errors were caused by a formatting fault on an electronic spreadsheet which altered the last three digits of each of the telephone numbers to ‘000’,” Sir Paul said in his annual review of how law enforcement agencies use legal powers to intercept communications in 2010 (63-page / 2.3MB PDF).
“These unfortunate errors were identified by the Security Service and duly reported,” he said
“The subscriber data acquired had Read more…
NASA Elenin 2011 Comet – Planetary Alignments with Comet Elenin Causing Big Earthquakes
USGS Worldwide Deadly and Destructive Earthquakes Between Magnitudes 6 and 8 Over Last 100 Years
NASA Elenin 2011 Comet – Planetary Alignments with Comet Elenin Causing Big Earthquakes Read more…
California Mega-Quake Imminent Say Scientists
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The San Andreas fault is highlighted in red. It strikes through the heart of Southern California, including the Salton Sea.
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Like a steaming kettle with the top on, pressure is building beneath the surface of California that could unleash a monster earthquake at any time. That’s according to a new study from the Scripps Institute of Oceanography.
Geologists say Southern California is long overdue for a huge earthquake that could unleash widespread damage.
It all comes down to the Salton Sea, which lies to the east of San Diego. The Salton Sea lies directly on the San Andreas Fault and covers more than 350 square miles.
A big earthquake has hit the lake bed about every 180 years. But when officials started damming the Colorado River to reduce floods downstream (including in the Salton Sea), the moderate earthquakes stopped for the Salton.
Sounds like a good thing, right? Not necessarily. Seismologists think the Read more…
Report: Ground Invasion of Libya Within Two Weeks
A hawkish Jerusalem-based news outlet with reported links to Israeli intelligence that has proven accurate in its forecast of future geopolitical events claims that the war in Libya is approaching a “coup de grace” and that French, British and American troops will land on Libyan soil within the next two weeks to spearhead a full ground invasion.In a piece entitled, US and NATO prepare final assault on Qaddafi, DebkaFile cites military sources for its contention that NATO powers are finalizing plans for a “large-scale, all-out military bid to kill or oust” Colonel Gaddafi.
“The coming coup de grace, expected in the next couple of weeks, is the hottest topic of discussion in the corridors of power and high-level military and intelligence get-togethers in London, Paris, Brussels, Moscow, Oslo, The Hague and Rome. It is expected to start in a couple of weeks with French and British troop landings on Libyan soil, to be followed in its last stages of by Read more…
EU cloud data can be secretly accessed by US authorities
US-owned companies bound by Patriot Act, says Microsoft
Personal information belonging to EU users of US-owned cloud-based services could be shared with US law enforcers without the user being informed, Microsoft has said.
The software giant said it could not guarantee that it would not have to hand over EU customers’ data on a new cloud service it has developed whilst keeping details of the data transfer secret.
Cloud services allow internet users to store data online instead of locally.
EU data protection laws state that organizations must tell people when they are asked to disclose their personal information.
These EU provisions might conflict with obligations US-based firms, such as Microsoft, face under US law.
The USA Patriot Act gives law enforcement authorities the right to access Read more…
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