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Thursday
Apr072016

The More Corrupt the State, the More Numerous the Laws

The More Corrupt the State, the More Numerous the Laws

By Nick Giambruno

Today, I’m going to share one of the most important things I’ve learned traveling around the world: There’s a crucial difference between committing a real crime and breaking the law.

I’ve seen it firsthand in the Middle East as well as many other places.

The difference is huge and few people understand it.

While laws vary dramatically across countries, almost every country in the world universally considers real crimes immoral. A real crime involves harm or the threat of harm to person or property. Think murder, theft, or arson.

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Thursday
Apr072016

How to Prevent Hackers from Erasing Your Bank Account

How to Prevent Hackers from Erasing Your Bank Account

By Justin Spittler

If you use the Internet, your bank account is at risk...

On Monday, “terrorists” attacked a major U.S. hospital.

They didn’t set off a bomb or fire a single bullet. They infected the hospital with a computer virus.

The Chicago Tribune reported on Tuesday.

Modern medicine in the Washington area reverted to 1960s-era paper systems when one of the largest hospital chains was crippled by a virus that shuttered its computers for patients and medical staff.

[T]he paralyzing attack on MedStar Health Inc., which forced records systems offline, prevented patients from booking appointments, and left staff unable to check email messages or even look up phone numbers.

MedStar operates 10 hospitals around Maryland and Washington D.C. It serves more than 4 million patients a year. Its computer systems are still down.

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Monday
Apr042016

Russia Relies On Gold To Push Reserves Back Over $380 Billion

 

Whether you define gold as a barbarous relic, a pet rock, "tradition", or "doomed", Russia surely refers to it as a saving grace. As Russia’s foreign reserves dwindled to just under $350 billion in early 2015, many predicted Russia was going

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Saturday
Apr022016

50-Year Veteran Warns A Great Financial Holocaust Is Coming

Today a 50-year market veteran told King World News that a “Great Financial Holocaust” is coming.

John Embry:  “Eric, as far as I can determine, the economic outlook is deteriorating virtually everywhere as it appears the severely over-levered global financial system can no longer support any sustainable growth…

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Saturday
Apr022016

Exposed - How Two Janet Yellen Phone Calls Saved The World

Thanks to the just released February diary of Fed chief Yellen, we now know exactly when she called Bank of England Governor (and former Goldman Sachs employee) Marc Carney and ECB President (and former Goldman Sachs employee) Mario Draghi.

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Tuesday
Mar292016

James Turk Says Today’s Gold Rally Is Definitely Shorts Scrambling To Cover

Despite the large commercial short positions, the price of gold and silver continue to remain firm. Today James Turk told King World News that the turnaround in the gold market is definitely because of shorts scrambling to cover.

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Wednesday
Mar232016

Gold and Silver are Down as the USD recovers

 

 

The above chart of the US Dollar Index shows that the dollar has been making steady progress over the last 5 days as gold and silver prices stutter.

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Wednesday
Mar232016

Peter Schiff Warns "The Fed Is Stuck In The Same Monetary Mud As In 2008"

Submitted by Peter Schiff via Euro Pacific Capital,

The Federal Reserve’s years-long campaign to sheepishly back away from its own policy forecasts continued in earnest last week when it officially reduced the four expected 2016 quarter point hikes, suggested back in December, to just two.

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Wednesday
Mar232016

A Love Affair: India and Gold

 

India has had a long-standing love affair with gold. At Indian weddings, some of the brides get so much gold jewellery that it weighs them down. There are upwards of 15 million weddings every year in India.

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Monday
Mar212016

Silver Eagle Sales To Jump 25% Due To Deteriorating Market Conditions

Silver Eagle sales will likely jump by 25% in the first quarter due to deteriorating market conditions.  During the first three months last year the U.S. Mint sold 12 million Silver Eagles.  Already, sales of Silver Eagles have reached 13 million.  There are two weeks remaining in March and the U.S. Mint will likely sell another two million.

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