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Friday, August 31, 2018

Daily Digest 8/31 - Good News Friday: China Built the World’s Largest Telescope, New Era of Electric Planes Begins

Daily Digest 8/31 - Good News Friday: China Built the World’s Largest Telescope, New Era of Electric Planes Begins
  • Beer Deliveryman Prevents Suicide on a Bridge By Offering a Cold One—and Channeling Denzel Washington
  • Opioid Crisis Breakthrough: Non-Addictive Painkiller Found Effective
  • Utah firefighter adopts German shepherd he rescued during California wildfires
  • Airline is Protecting Hawaiian Coral Reefs By Giving Free Non-Toxic Sunscreen to Tourists
  • China Built the World’s Largest Telescope. Then Came the Tourists
  • World’s Second Largest Coral Reef Has Just Been Removed From Endangered List
  • New Era of Electric Planes Begins as Startup Backed by Boeing, JetBlue Gets Its First 100 Orders

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Greyerz – People Are Not Going To Be Able To Get Their Money Out Of Their Country

As we head into the fall, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that people are not going to be able to get their money out of their county.

The post Greyerz – People Are Not Going To Be Able To Get Their Money Out Of Their Country appeared first on King World News.



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Egon von Greyerz: Broadcast Interview – Available Now

Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland - EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…

The post Egon von Greyerz: Broadcast Interview – Available Now appeared first on King World News.



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Egon von Greyerz

Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland - EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…

The post Egon von Greyerz appeared first on King World News.



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The Outlook For The Markets Is Deteriorating Fast

The Outlook For The Markets Is Deteriorating Fast

Executive Summary

  • The evidence that the dominant social narrative is breaking down
  • The Emerging Market spark may ignite a broad market conflagration
  • Financial market complacency is completely unprepared for such a risk
  • And escalating risk of conflict in the Middle East threatens to make the situation a whole lot worse

If you have not yet read The Whole System Is Rigged, available free to all readers, please click here to read it first.

An Emerging Nightmare

About the kindest thing I can say about the reckless $trillions the central banking cartel flooding the world with is that they gave us more time to get our preparations in order. I certainly hope you used that time wisely.

So what happens when every financial market around the globe has been dangerously inflated by massive money printing?

Those enormous flows that were virtuous on the way out will be vicious on the way back in. 

And don't forget: as a combined group, the big central banks are still expanding their balance sheets today.

Yet despite that, the weaker players on the board are beginning to flounder severely:

Every single country on that list that is the proud holder of US denominated debt is now facing serious difficulties.  Worse, the situation compounds itself as all of the debt holders have to sell their local currency in increasing amounts to buy the dollars with which they will pay off these debts. 

The more they sell, the weaker their local currency gets.  The weaker it gets the more they have to sell. It's this dynamic that then bleeds over into their local stock markets.  Companies being crushed by external dollar-denominated debts see their interest costs spike higher and higher.  Very rapidly this crushes their income stream, so their stocks fall in price.

The contagion is spreading, quite rapidly too.  It’s well beyond a single story that we can confine to the particulars of Turkey or Argentina.  It now involves India, for heaven’s sake!

Next up is the big kahuna – the debt crisis that results when the individuals and companies toss in the trowel and declare bankruptcy or simply stop paying off their loans or debts.  This is when the debt crisis starts.

The ramifications of all this are...

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The Whole System Is Rigged

The Whole System Is Rigged

Crop failures have hit hard across Europe. Australia is under an intense drought. Warm water representing ‘archived heat’ has penetrated deep into the arctic.  Coral reefs are dying through mass bleachings. The stocks of ocean fisheries are in deep trouble. Insect and bird populations remain in a state of collapse.

It couldn't be any more clear that our society's demands for ever-more "growth" are taking an increasingly dangerous toll. "Growth" is now the enemy of life on the planet; yet there are precious few leaders willing to admit as much. 

What we need is less pressure on vital ecological systems and precious remaining resources. But good luck finding a politician willing to admit that.

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MAJOR ALERT: Bullion Banks Long The Silver Market For The First Time In 24 Years!

Bullion banks are now long the silver market for the first time in the past 24 years. They are also in one of the most bullish trading positions in the gold market in the past decade as they have already tightened the noose around hedge funds and speculators that are massively short the gold market. Now they are preparing to unleash a historic short squeeze.

The post MAJOR ALERT: Bullion Banks Long The Silver Market For The First Time In 24 Years! appeared first on King World News.



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Daniel Joseph – Trump Winning the Trade Wars

from Financial Survival Network

Daniel R. Joseph returns… When it comes to trade, President Trump made big promises on the campaign trail. He railed against the fact that America is getting ripped off by its trade partners. Now he’s doing something about it. Mexico and the EU have agreed to new terms and Canada isn’t very far off. So far China is the lone hold out, but Daniel believes that they’re just waiting for the mid-terms in hopes that a Democratic win in the house will weaken the President’s position. Don’t count on it.

Click Here to Listen to the Audio

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Brigitte Gabriel – Time to ACT! for America

from Financial Survival Network

Brigitte Gabriel is a NY Times best-selling author, leading expert on global Islamic terrorism and Chairman of ACT! for America, the largest national security grassroots organization in America. Her latest book is Rise: In Defense of Judeo-Christian Values and Freedom. Ms. Gabriel started ACT for America in an effort to protect the citizens of the United States from the horrors she experienced as a young girl in her native Lebanon. When Ms. Gabriel was 10 years old, militant radical Islamists launched rockets into her family’s home in their Christian town in southern Lebanon destroying her home and seriously injuring her as they raged war against the “infidels.” Her family was forced to seek refuge in an underground 8 x 10-foot bomb shelter where they lived for the next seven years. Often surviving on mere weeds, they had to crawl through a ditch to get water from a nearby spring while avoiding Islamic snipers.

Click Here to Listen to the Audio

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Greyerz – We Are Going To See Worldwide Currency Collapses

As we near the end of what has been a wild month of trading in August, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that we are going to see worldwide currency collapses.

The post Greyerz – We Are Going To See Worldwide Currency Collapses appeared first on King World News.



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Trade Wars! SchiffGold Friday Gold Wrap 08.31.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes. There’s been some progress toward a new NAFTA deal, but the trade war with China rages on. Meanwhile, the EU called Trump’s bluff on a no-tariff policy. In […]

The post Trade Wars! SchiffGold Friday Gold Wrap 08.31.18 appeared first on SchiffGold.com.



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Fun on Friday: Gold Turns Hairdryer into Luxury Item

How do you turn a mundane $20 bathroom appliance into a luxury item that will set you back $500? Put some gold on it. That’s exactly what Dyson has done. No joke. The iconic (meaning overpriced) vacuum cleaner company has developed a hairdryer gilded with 23.75-karat gold leaf. Will this hairdryer get your hair dryer than the $16.99 […]

The post Fun on Friday: Gold Turns Hairdryer into Luxury Item appeared first on SchiffGold.com.



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Russian Lawmaker Calls for Creation of Gold-Backed Cryptocurrency to Circumvent Sanctions

A Russian lawmaker has suggested his country should develop a gold-backed cryptocurrency for payment of arms exports and other goods as a way to circumvent Western sanctions and limit his country’s dependence on the dollar-based global banking system. Vladimir Gutenev serves as first deputy head of the economic policy committee at the State Duma – […]

The post Russian Lawmaker Calls for Creation of Gold-Backed Cryptocurrency to Circumvent Sanctions appeared first on SchiffGold.com.



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Thursday, August 30, 2018

A Comprehensive Guide to Yellow Stripey Things

A Comprehensive Guide to Yellow Stripey Things

A visual and descriptive guide to help identify the various striped flying insects.  Good info to know to understand the risks and dangers of trhe bugs around you.

https://kottke.org/18/08/a-comprehensive-guide-to-yellow-stripey-things

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ALERT: KWN Pierre Lassonde Interview Plus A Key Chart

There have been a great many requests for KWN to interview mining legend, Pierre Lassonde, on the heels of the recent carnage in the metals markets.  Plus a look at a key chart.

The post ALERT: KWN Pierre Lassonde Interview Plus A Key Chart appeared first on King World News.



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Daily Digest 8/30 - India’s Thirst For Oil Is Outpacing China, The Billion Dollar Homeless Scam

Daily Digest 8/30 - India’s Thirst For Oil Is Outpacing China, The Billion Dollar Homeless Scam
  • Inflation is a Policy Decision
  • What is law enforcement not telling us about their ability to monitor us?
  • Brazil Sends Military To Border To Cope With Flood Of Fleeing Venezuelans
  • Russia sent a massive naval armada to Syria — and looks to be readying to fight the US
  • Alexa Is Losing Her Edge
  • The Billion Dollar Homeless Scam
  • India’s Thirst For Oil Is Outpacing China
  • The Bullish Case For Gas In Europe
  • The future looks grim after 2 years of devastating B.C. wildfires

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Liz Soria – For the Love of Podcasting

from Viral Podcasting

Liz Soria hosts a podcast called Tax Advisor & Biz Coach Success. She’s been doing it for nearly two years and has over 2000 listeners. She’s anxious to monetize the show and she need only look at her audience as potential clients for her services. While there are many other ways to monetize, converting listeners into paying customers is perhaps one of the easiest and most tried and true methods for podcasting success. After all, if someone is listening to a niche podcast, they probably have an interest in that product or service. So why not start monetizing your podcast by offering your own services. Figure out what your annual revenue per client works out to. Multiply that by 10, 20, 50 or 100. You could be looking at some serious sales increases for an incredibly low financial outlay. Perhaps the greatest takeaway from Liz’s interview is that you need to make a commitment to yourself and your audience to keep on improving your show’s quality and your level of expertise.

Click Here to Listen to the Audio

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James Robbins – Social Media Induced Civil War Coming?

from Financial Survival Network

James Robbins just told USA Today that, “Social media has become a public menace.” Robbins is the author of the newly released Erasing America: Losing Our Future by Destroying Our Past – a book that details the Left’s manipulative plot to destroy America’s history in order to control America’s future. Robbins recognizes that the Left is determined to control American ideas – and social media is the perfect platform to do so. Erasing America is topically chock-full of the Left’s attempts to control the American discourse. Erasing America examines:

  • The phenomena of football players kneeling during the national anthem.
  • The removal of monuments dedicated to Confederate soldiers or Founding Fathers
  • Supreme court rulings fringed with Leftist hypocrisy
  • Frantic accusations of racism – made up by the Left.
  • Liberal hatred of Christmas – and their attempts to ban Hallmark movies, Christmas songs, and much more.
  • The immigration epidemic – why illegals NOT assimilating helps the Left.
  • The infiltration of radical agendas into American education.
  • And parallels between pre-Civil War America – and TODAY.

Click Here to Listen to the Audio

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Gold Price Falls Below $1,200 But Take A Look At This

Today the gold price fell below $1,200 level but take a look at this.

The post Gold Price Falls Below $1,200 But Take A Look At This appeared first on King World News.



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Peter Schiff: Traders Are Beginning to See the Writing on the Wall

The US stock markets had another big day Wednesday with a number of the indexes, including the Nasdaq and the S&P 500, in record territory. So, what’s with the recent move up in US stock markets? Donald Trump and a lot of Republicans have been taking credit for it, saying their economic policies are causing […]

The post Peter Schiff: Traders Are Beginning to See the Writing on the Wall appeared first on SchiffGold.com.



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Jim Rogers Says We’re Heading Toward the Worst Bear Market in His Lifetime (Video)

Investment and commodities guru Jim Rogers says we’re heading toward the worst bear market in his lifetime. Rogers recently spoke a the MoneyShow in San Francisco. He said the first thing we need to understand is that in the wake of the 2008 financial crisis, the Federal Reserve “came to the rescue” and drove interest rates […]

The post Jim Rogers Says We’re Heading Toward the Worst Bear Market in His Lifetime (Video) appeared first on SchiffGold.com.



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Wednesday, August 29, 2018

Nathan K. Lewis – Is the Gold Standard Our Salvation?

from Financial Survival Network

Noted author, fund manager and economist Nathan K. Lewis joined the show for the first time. He’s written a number of books about how a gold standard can successfully be re-implemented. He believes that for right now, the dollar’s value is acting as if it were backed by gold. It’s been relatively stable for years. Can it continue down this path indefinitely into the future? There’s really no way to know, but many naysayers have long predicted the dollar’s death and so far they’ve been completely wrong.

Click Here to Listen to the Audio

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Daily Digest 8/29 - Central banks’ balance sheets start to shrink, Mexico’s Dramatic Energy Reform

Daily Digest 8/29 - Central banks’ balance sheets start to shrink, Mexico’s Dramatic Energy Reform
  • Moody’s: Unfunded liabilities for 50 states jump to $1.6 trillion in fiscal year 2017
  • Here's what happens when you miss your credit card payments
  • ECB's chief economist warns of risks of easy policy
  • In China, Less Than 20% Defaulted Bonds Have Been Paid Back
  • Deficit, Debt and EU Defiance: A Guide to Italy's Budget Battles
  • Central banks’ balance sheets start to shrink
  • Italy Bond Yields Spike as Rome's Budget Clash Stirs Echoes of EU Debt Crisis
  • Mexico’s Dramatic Energy Reform
  • Germany Lags Behind In Battery Race
  • 'We're doomed': Mayer Hillman on the climate reality no one else will dare mention

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This Is Why Things Can Change In A Hurry In Major Markets

On the heels of the Nasdaq hitting all-time highs and crude oil and gold moving higher, this is why things can change in a hurry in global markets.

The post This Is Why Things Can Change In A Hurry In Major Markets appeared first on King World News.



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Chris Martenson – Return of Real Markets?

from Financial Survival Network

Chris Martenson notes that the US continues to go deeper and deeper into debt while the developing world is seeing one currency implode after another. Who will be the next casualty? No one in the US seems to be too concerned. While the last global financial crisis began with the US sub-prime mortgage market, perhaps the next has already begun with weaker currencies blowing up left and right. Gold and silver have both taken it on the chin, but at some they will represent reality.

Click Here to Listen to the Audio

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Has Aton Resources Just Discovered the Legendary Mountain of Gold? (Mark Campbell Interview)

from Mining Stock Education

Mark Campbell is the CEO of Aton Resources, a gold exploration company exploring their large 738 square kilometer Abu Marawat concession in Egypt’s Arabian-Nubian Shield. Located on the Abu Marawat concession is the Rodruin project which Aton believes could be one of the largest gold discoveries in Egypt to date. There was a story/legend about an area that was known to be the “mountain of gold” and Mark Campbell suspects this could be Aton’s Rodruin project. Rodruin is a very large hill and Aton had to build a road 4.5km long up to it just to begin drilling. Channel samples thus far have been impressive with the most recent yielding 39m @ 3.62 g/t Au and 5.44% Zn, and it was mineralized along its whole length. Furthermore, Aton has also discovered on Rodruin the remains of extensive ancient underground workings indicating mining has taken place there before. Reverse circulation drilling begins at Rodruin on August 27, 2018 with the results expected this Fall. It is worth noting that Sandstorm Gold Royalties thought so much of the prospects of the Abu Marawat concession that they purchased a 1.0% NSR recently.

Continue Reading at MiningStockEducation.com…



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Jordan Goodman – Debt Like Love is a Four Letter Word

from Financial Survival Network

Jordan Goodman joined us today. The economy is booming or so we believe. But is it really just a debt fueled consumer orgy? There’s a reason why debt is a four letter word. Student loans are through the roof! Same with sub-prime auto loans as well as credit cards. Is this truly the pathway to sustainable growth and prosperity for the nation and the world? Trump appears to be winning the trade wars. Who’d a thunk it, other than us? What more is in store? The Trumps wins just keep on piling up and up.

Click Here to Listen to the Audio

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Rick Rule – We Are Now At The End Of Panic Selling In Gold, Silver And The Shares

Today Rick Rule spoke with King World News about the recent carnage in the gold and silver markets and said he believes we are at the end of the panic selling in gold, silver and the mining shares.

The post Rick Rule – We Are Now At The End Of Panic Selling In Gold, Silver And The Shares appeared first on King World News.



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Off The Cuff: Swamped!

Off The Cuff: Swamped!

In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss:

  • Complicit Insiders
    • Nearly everyone in DC has their hand in the cookie jar
  • No Heroes
    • There are no "good guys" left. Just varying degrees of criminals.
  • Not A US-Only Phenomenon
    • Most other countries/regions are as "swampy" as America (or worse)
  • A Hard Re-Set May Be The Inevitable Outcome
    • It's increasingly looking like a breakdown will occur. That may be the chance we need for real change.

James Howard Kunstler sits down this week to explain why he sees a systemic breakdown -- or "convulsion" -- is likely ahead, and why that may be our best opportunity to re-orient society on a saner path; provided we have the courage and smarts to abandon the 'leadership' and behavior that got us to this breaking point.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.

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