Archive for January 24, 2013

China May Now Have World’s 2nd Largest Gold Reserves

January 24, 2013 Comments off

Today acclaimed money manager Stephen Leeb stunned King World News when he said the Chinese may already have the world’s second largest gold reserves, eclipsing Germany to grab the number two spot.  Leeb knows China is incredibly secretive about its insatiable accumulation of gold, and believes they are not fully disclosing their entire gold position to the world at this point.  Here is what Leeb had to say:  “I’m focused on precious metals and this fascinating battle between the East and the West, Eric, especially China and the United States.  There is an economic ‘Battle Royale’ going on right now, and I think the Chinese definitely have the upper hand.”

Stephen Leeb continues:


“They have a stronger economy and a clear plan as to what they want to accomplish.  They have a much longer-term perspective, and this spells very, very tough times for the United States.

I wish it weren’t true, and I wish this country would wake up.  But everywhere I look right now I see limited Read more…

Categories: China, GOLD Tags: , ,

Pilot program explores a ‘cashless society’

January 24, 2013 Comments off

This is not good news as there are a lot more cons than pros in this debate


Aaron Rosenblatt, Rapid City Journal

Bernie Keeler, a mechanical engineering student at South Dakota School of Mines & Technology, demonstrates how to buy an item using biometric payment Tuesday at the Miner’s Shack snack bar. Nexus USA is piloting the Smart Pay system on the Mines campus.

School of Mines students and all of Rapid City could soon be at the cutting edge of a technology that developers say will eliminate the need for cash, IDs and maybe even car keys.

“We’re hoping that this is the future,” Al Maas, president of Nexus USA, said Tuesday at a news conference at Mines. “The applications for this are beyond your imagination.”

On Tuesday, mechanical engineering student Bernie Keeler showed just how easily the system works. After grabbing a Gatorade and a sandwich at the Miner’s Shack, he paid by swiping his index finger through Read more…

Study: MRI scans of knees can be used for biometric identification

January 24, 2013 Comments off


An automated recognition system that scans crowds to identify the people within them using not their faces, or their eyes, but their knees, has been proposed.

Computer scientist Lior Shamir put the idea forward in a study published in the International Journal of Biometrics. It states that an MRI system could be used to scan the legs of people as they walk through an area, mapping the bone structure inside their knees before matching it to a biometric record using software developed by Shamir.

Shamir looked at knee scans from 2,686 people, and found that his software could recognize individuals with 93 percent accuracy. It would Read more…

Categories: Biometrics Tags: ,

62 percent of colleges restrict free speech, says new report

January 24, 2013 Comments off

More than sixty percent of major American universities and colleges have policies that violate students’ constitutional right to free speech, a study published by a higher education watchdog group has revealed.

More than sixty percent of the 409 colleges FIRE reviewed have policies that hinder a student’s right to free speech.

The report, published by the Foundation for Individual Rights in Education (FIRE), revealed that 62 percent of the 409 colleges reviewed have written policies in place to limit a student’s right to free speech.

That number, however, represents a major improvement over the last half-decade.  A similar study also conducted by FIRE in 2008 found that seventy-five percent of American colleges had policies that restricted free speech on campus.

According to Read more…

Star Betelgeuse to Crash within 5,000 Years

January 24, 2013 Comments off

As per a new image provided by the Herschel Space Observatory, it has been revealed that Betelgeuse, one of the star’s in Orion constellation is going to crash in 5,000 years. The information about the same has been provided by the NASA, which has also unveiled that the star is the going to crash with a cosmic wall.

Experts said that the orange-red star is quite a bright star and its collision will definitely prove costly. It has been said so as the star is already started shedding a large amount of its exterior most layer. The shedding was visible in the Hershel’s picture as well.

The picture has also showed the effect of star’s fierce winds. It has been found that the winds have been causing whipping around the nearby space. It has also been seen that the dusty debris lies around the star.

Experts have predicted that it will take 5,000 years for the outer arc of the star to crash. If to talk about the whole star, then it will take approximately 12,500 years. Astronomers said that the star has swelled up and has been shedding a lot of fraction of its outermost layer. This has made sure that its collision will be a supernova explosion. Read more…

Categories: astronomy Tags: ,

40 Places to hide your guns

January 24, 2013 Comments off

In late December a New York newspaper, the Journal News, posted an interactive online map of New York residents in two counties who had gun permits. If you were a criminal looking to find a gun, the Journal News article was a treasure map leading you straight to the booty. Criminals broke into several of those homes shortly after the information was published. Just days ago, Journal News publishers conceded maybe it was a bad idea, and took down the gun map. But not before the damage had been done.

Most Americans will give up their guns when they are told do so. Not necessarily because they are afraid to die, although most are, but because they are so used to giving up what the government mandates be turned over. Guns may just be the next takeaway in a long list of abuses by the State.

Others will come to the conclusion that guns no longer serve a purpose vis-à-vis protection from government tyranny because they have already given up all the rights that matter. From free speech to freedom of the press, all that which was once held sacred has been fully abridged. Even Bill Maher, a liberal’s liberal, gets that irony.


Why I like Texas:  they have something called the Castle Law allowing carry of weapons on a person’s property and in 2007 it was extended to a person’s vehicles.  So carrying a loaded weapon in a vehicle within reach is now possible and you don’t even have to have a CHL…

Here are several ways to implement a program to secure your weapons. Read more…

Categories: guns Tags: , ,

North Korea threatens new nuclear test ‘aimed’ at US

January 24, 2013 Comments off

Two days after the United Nations condemned North Korea with further sanctions for its December rocket launch, the secretive country vowed to respond with a nuclear weapons test aimed at its “enemy,” the United States.

The United Nations Security Council – including North Korea’s closest ally and biggest trading partner, China – voted unanimously on Tuesday to strengthen sanctions against North Korea for its Dec. 12 long-range rocket launch, which violated previous agreements with the UN.

When the launch took place last month, North Korea stated its intentions were Read more…

National ‘assault weapon’ ban coming Thursday

January 24, 2013 Comments off

By Emily Miller

no-guns-bannerSen. Dianne Feinstein’s office confirmed that she will be introducing in the Senate Thursday a new version of the so-called assault weapon ban. A spokesman said the full text will be released at a press conference on Thursday.

The California Democrat intends to expand on the ban that expired in 2004, by including handguns and shotguns, in addition to rifles. She would decrease from two to one the number of cosmetic features on a gun to have it be considered an “assault weapon.” This means that if a gun has just one item like a pistol grip or bayonet lug, then it is illegal. Gov. Andrew Cuomo signed into law the same ban in New York last week.

Furthermore, instead of grandfathering in current firearms, she would create a national gun registry for the government to track lawful gun owners. Magazines would Read more…

Confiscation of Gold – Then What?

January 24, 2013 Comments off

gold_630x420Readers may not agree with our conclusions on the confiscation of gold, but we emphasis this reality. If we are wrong you will still own your gold. If we are right and you have not taken the right steps to guard against confiscation and the personal dangers to you individually, you will lose your gold if not suffer the penalties the “Gold Confiscation Order” brings with it.

Gold will move to a pivotal monetary position

Since August 2007 we have witnessed one banking crisis after another. We have seen the rise of Sovereign debt crises across the developed world.  Today, we are hearing that the worst of the crises is over. Translated, that means Read more…

Categories: GOLD Tags: