The bitcoin bubble: Why speculative bitcoin buy-ins now point to a disastrous bitcoin crash

Mike Adams
Natural News
April 9, 2013

Bitcoin is a powerful, game-changing crypto currency that may literally change the world. It’s a huge threat to centralized banks and government currency controls because it’s entirely decentralized, anonymous and virtually impossible to track. Bitcoin is the “underground railroad” of money, and it has an important role to play in the epic battle between liberty vs. slavery.

But because bitcoin is a currency whose value is based on the psychology [...]

White Britons are minority in London for first time

Census figures show that 620,000 white Britons left the capital in a decade
White Britons are the minority in London for the first time
They make up 45 per cent of London’s population, with Asians being the second largest group

More than 600,000 white British Londoners have left the capital in a decade.

Census figures show that between 2001 and 2011 the level of ‘white flight’ reached 620,000.

It is the equivalent of a city [...]

1 in 3 Illinoisans lives in or near poverty level: report

A staggering one out of three Illinoisans today lives in or near poverty — the peak of a continued climb over three decades

almost half of Chicago’s population is living in or near poverty.

In suburban Cook and Kane counties, it’s nearly a third; in DuPage, McHenry and Will counties, one out of five people, and in Lake County, one out of four.

Statewide, 31 percent of the African-American population lives in poverty, [...]

Kishore Mahbubani: The east will rise above the west

from FT:

The number 13 is unlucky in Western minds. It is not in Asian minds. This may explain in part why many Westerners view 2013 with foreboding. Most Asians do not. Read more

Obama summit to sell a US-based Trans-Pacific Partnership excluding China. – No one came!!!

President Barack Obama attended the summit to sell a US-based Trans-Pacific Partnership excluding China. He didn’t. The American led-partnership became a party to which no-one came.

Instead, the Association of Southeast Asian Nations, plus China, India, Japan, South Korea, Australia and New Zealand, will form a club and leave out the United States. As 3 billion Asians become prosperous, interest fades in the prospective contribution of 300 million Americans

http://www.atimes.com//atimes/Global_Economy/NK27Dj02.html
This article is worth the [...]

Turkey & Syria Clash and Asians Take a Shine to Silver

by GoldCore

Today’s AM fix was USD 1,790.00, EUR 1,375.55, and GBP 1,105.69 per ounce.
Yesterday’s AM fix was USD 1,786.50, EUR 1,380.92 and GBP 1,109.01 per ounce.

Silver is trading at $34.91/oz, €26.95/oz and £21.65/oz. Platinum is trading at $1,714.00/oz, palladium at $664.99/oz and rhodium at $1,195/oz.

Gold rose $12.30 or 0.69% in New York yesterday and closed at $1,790.80. Gold pulled back after the Fed released Minutes from their September 12th meeting, [...]

2012 SAT Reading Scores Lowest Since 1972

NPR’s Claudio Sanchez brings us this bit of bad academic news: The class of 2012 scored the lowest average SAT reading score since 1972. A bit of good news is that math scores were up.

Claudio filed this report for our Newscast unit:

“Writing, too, is down nine points since the SAT introduced a writing section in 2006. The average score in math was 514 out of 800, five points higher than [...]

AIDS-like disease found in Asians in U.S. , trigger unknown

A mysterious new disease causes AIDS-like symptoms in Asians even though they are not infected with HIV, a research has found. The disease damages patients’ immune systems, but is not contagious.

The illness leaves patients unable to fight off germs. Some patients have died of overwhelming infections, including some Asians now living in the US, said Dr. Sarah Browne, a scientist at the National Institute of Allergy and Infectious Diseases, who [...]

Bank of Canada apologises over racism row after ‘removing’ Asian face from $100 bill

A bank has made a rare apology after removing an Asian woman from one of its bank notes in favour of a Caucasian – prompting accusations of racism.

The initial design for the new Canadian $100 note featured a picture of an Asian woman but this was scrapped after focus groups expressed concern Asians should not be the only ethnic group represented.

When the bill was released into circulation last year, the [...]

EURO GOING TO COLLAPSE SOROS BIG MONEY BETTING AGAINST IT!

Soros and everyone else are getting set up for the collapse of the EURO. Once this happens the stage will be set.

via theblaze:

“We notice that it’s becoming increasingly difficult to sell Asians and Americans on investments in Europe,” asset manager Vorndran told Spiegel, adding that although the U.S., Japan, and the U.K. “are all lying in the same hospital ward,” as he puts it, “it’s still better to invest in a [...]

Black Mobs – Knockout Game Raising Alarms

Ready to play the Knockout Game?

The St. Louis version is the most popular, so let’s start there: Begin with a bunch of black people. Anywhere from five to 50.

Find a white person, but an Asian will do. Alone is important. Older is better. Weak and defenseless even more so.

Without warning, punch that person in the face as hard as you can. You win if you score a Knockout.

If not, keep [...]

Unemployment rate for blacks jumps to 14.4%

THE EMPLOYMENT SITUATION — JUNE 2012

Nonfarm payroll employment continued to edge up in June (+80,000), and the
unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor
Statistics reported today. Professional and business services added jobs,
and employment in other major industries changed little over the month.

Household Survey Data

The number of unemployed persons (12.7 million) was essentially unchanged
in June, and the unemployment rate held at 8.2 percent. (See table A-1.)

Among the [...]

Now China’s Super Rich Are Building Private Museums To House Their Art Collections

HONG KONG (AP) — Over the past two years Wang Wei and her husband Liu Yiqian dropped a reported $317 million on their hobby. Now they need somewhere to display the collection they’ve amassed. The solution: a private art museum that Wang hopes will impart some class to China’s flashy nouveau riche.

 

Wang and billionaire investor Liu are part of a new generation of wealthy Asians that is better known for splashing [...]

‘We’ve got to do something about these Asians coming in’: Marion Barry sparks race row with comments

Ex-Washington D.C mayor condemned for his disparaging remarks
Takes to Twitter to claim that his comments were taken out of context

Controversial District of Columbia Councilman Marion Barry has sparked outrage for disparaging remarks about Asian-owned businesses in his poor, majority-black ward.

Following his decisive election to Ward 8 on Tuesday, Barry declared at the victory party, ‘We got to do something about these Asians coming in and opening up businesses and dirty [...]

MARION BARRY: ‘We’ve got to do something about these Asians coming in’

Ward 8 D.C. Councilman Marion Barry said Thursday that he was not trying to insult the city’s Asian community during remarks at a campaign event this week.

“We got to do something about these Asians coming in and opening up businesses and dirty shops,” Barry said in remarks on Tuesday night first reported by WRC-TV. “They ought to go. I’m going to say that right now. But we need African-American businesspeople [...]

We have to abandon the idea that endless population growth is a good thing

We need to focus on GDP per capita instead. With fast declining natural resources, and billions of Asians wanting a similar lifestyle as the rich West, the present path we are on is unsustainable. In the near future, it will be increasingly difficult to provide everyone with food, water, housing, jobs, energy, education, health care and other basic services. And there’s only so much that technology can accomplish. Natural resources, [...]

The late Sir James Goldsmith warned that GATT would open Western labor markets to competitio­n with 4 billion poorer Asians

YouTube – 1. A prophetic interview with Sir James Goldsmith in 1994 Pt1

http://des­ip.igc.org­/gatt01.ht­ml
Goldsmith on GATT: Part 1

“THE NEW UTOPIA: GATT AND GLOBAL FREE TRADE
by SIR JAMES GOLDSMITH

Federal Document Clearing House Congressio­nal Testimony

SENATE COMMERCE GATT IMPLEMENTA­­TION
October 5, 1994

Global free trade has become a sacred principle of modern economic theory, a sort of generally accepted moral dogma. That is why it is so difficult to persuade politician ­s and economists to reassess [...]

The late Sir James Goldsmith warned that GATT would open up Western labor markets to competitio­n with 4 billion poorer Asians…

YouTube – 1. A prophetic interview with Sir James Goldsmith in 1994 Pt1

http://des­ip.igc.org­/gatt01.ht­ml
Goldsmith on GATT: Part 1

“THE NEW UTOPIA: GATT AND GLOBAL FREE TRADE
by SIR JAMES GOLDSMITH

Federal Document Clearing House Congressio­nal Testimony

SENATE COMMERCE GATT IMPLEMENTA­­TION
October 5, 1994

Global free trade has become a sacred principle of modern economic theory, a sort of generally accepted moral dogma. That is why it is so difficult to persuade politician ­s and economists to reassess [...]

China’s domestic supply of chopsticks does not meet demands. Where does China import chopsticks from? Georgia

Jae Lee, a U.S. citizen originally from South Korea, is the entrepreneur behind Georgia Chopsticks, which manufactures chopsticks and exports them to China.

From CNN:

Just one word: Chopsticks.

Inspired by his Asian background, an American entrepreneur is turning central Georgia into a fast-growing, job-creating region that makes four million sets of the utensils each week.

Jae Lee, a U.S. citizen originally from South Korea, says his company is America’s only chopsticks manufacturer and [...]

Census count finds decreasing white population in 15 states

Non-Hispanic whites are a dwindling share of the U.S. population, with their numbers dropping in the Northeast and Midwest and growing only modestly in the South and West, the Census Bureau said Thursday.

Whites declined in 15 states, almost all in the industrial and farming states from Massachusetts to Pennsylvania, and from Kansas to Ohio. They also declined in California and three Southern states, including Maryland.

A [...]

Dan Norcini – Huge $17 Gold & $2.48 Silver Premiums in China

kingworldnews.com

With a fierce bull/bear battle developing in gold around the $1,800 level, today King World News interviewed legendary Jim Sinclair’s chartist Dan Norcini.  When asked about the incredible strength in the gold market under the $1,800 level, Norcini stated, “Earlier today your source out of London mentioned the Chinese were paying a $17 premium for gold and an astounding $2.48 premium for silver vs the COMEX [...]

Robin Griffiths – Gold Will Become the Greatest Bubble

kingworldnews.com

With the gold market experiencing some profit taking, today King World News interviewed one of the top strategists in the world, 40 year veteran Robin Griffiths of Cazenove.  Cazenove is one of the oldest financial firms on the planet and is widely believed to be the appointed stockbroker to Her Majesty The Queen.  Griffiths had some extraordinary comments regarding gold during the interview.  When [...]

The US Census Bureau: Record Number Americans, Or 46.3 Million, Lived In Poverty Last Year; 49.9 Million Without Health Insurance – The Largest Number In The 52 Years

by ZH

The US Census Bureau has released its annual Income (not so much), Poverty (much) and Health Insurance Coverage report for 2010. The full thing is below but the highlights are as follows: i) Real median household income in the United States in 2010 was $49,445, a 2.3 percent decline from the 2009 median. ii) The nation’s official poverty rate in 2010 [...]

Singapore ‘to overtake Vegas’ as gambling hub

Singapore is set to overtake Las Vegas as the world’s second-largest gambling hub this year, a US gaming industry head said Tuesday, as Asia cements its place as a major betting market.

Singapore has emerged as Asia’s hottest new gambling destination with a revamped cityscape and billions of dollars pouring into the economy, after the opening of two resort casinos in 2010.

The strong growth came after Macau [...]

March unemployment: Men: 8.6%; Women: 7.7%; Whites: 7.9%; Blacks: 15.5%; Hispanics: 11.3%; Asians: 7.1%; (unadjusted); Teens: 24.5%.

Source: West Wing Report

Soaring food prices to raise Asian poverty: report

World food prices that surged 30 per cent in the first two months of the year threaten to push millions of Asians into extreme poverty and cut economic growth, the Asian Development Bank said Tuesday.

The surging prices translated into domestic food inflation of 10 per cent on average in many Asian economies, which could drive 64 million people into poverty, the bank said in a report. [...]

I’m kind of liking Ron in 2012 after being vehemently against him in the past

by NAH

 

Chet Susslin

Rep. Ron Paul’s long-held advocacy of smaller government and less taxes has made him a tea party hero.

I wasn’t crazy about paul too much to mostly for US security reasons and how impractical it all ‘adds up’ as a solution to our nations problems… huge changes in money, end of the jobs for peace, and a smaller military with less sophisticated global logistics [...]

The thousand-t­on job-killin­g monster was GATT, which opened up the U.S. labor market to 4 billion lower-inco­me Asians

by OldTulsan

The late Sir James Goldsmith warned about GATT in 1994:

YouTube – 1. A prophetic interview with Sir James Goldsmith in 1994 Pt1

http://des­ip.igc.org­/gatt01.ht­ml
Goldsmith on GATT: Part 1

“THE NEW UTOPIA: GATT AND GLOBAL FREE TRADE
by SIR JAMES GOLDSMITH

Federal Document Clearing House Congressio­nal Testimony

SENATE COMMERCE GATT IMPLEMENTA­­TION
October 5, 1994

Global free trade has become a sacred principle of modern economic theory, a sort of generally accepted moral dogma. That is why it is [...]

London Source: Asians Buying SLV to Take Delivery of Silver

With gold up over $10 and silver attacking multi-decade highs, the London Source has given King World News major news on the activities of the Asian buyers, “Not only have the the Asian buyers been purchasing large numbers of shares of the ETF GLD in order to take delivery of gold, but they have now in fact decided to buy SLV with the intention to [...]

KWN Source: Expect Massive Chinese Gold Buying Using GLD

The contact out of London has updated King World News on the massive Asian buyers which have been accumulating both gold and silver.  The London source stated,“What we’ve been talking about for the past few months, the Asians, particularly the Chinese buying staggering amounts of physical gold has just gone into the mainstream media.  The Financial Times was months behind King World News in [...]

Another Big Miss: Nonfarm payrolls At 103,000 On Expectations Of 300,000

by zh

Summary:

Change in Private Payrolls (Dec) M/M 113K vs. Exp. 178K (Prev. 50K, Rev. to 79K)
Change in Manufacturing Payrolls (Dec) M/M 10K vs. Exp. 5K (Prev. -13K, Rev. to -8K)
US Average Hourly Earnings (Dec) Y/Y 1.8% vs. Exp. 1.8% (Prev. 1.6%)
US Average Weekly Hours (Dec) M/M 34.3 vs. Exp. 34.3 (Prev. 34.3)
Labor force participation plunges to multi year low: 64.3%
24 thousand added from Birth-Death

From the report:

The number of unemployed [...]

Some distriburing news for the precious metal cartel, courtesy of King World News:

Some distriburing news for the precious metal cartel, courtesy of King World News:

A King World News contact out of London has confirmed that, “Massive Asian buying is going to squeeze the shorts in the silver market.  Any reactions in the price of silver will be heavily purchased, and these buyers will take delivery of physical silver.”  The source who wishes to remain anonymous agreed with Eric [...]

We still have a long way to go to get out of this!

This recession is over for the very profitable resource an manufacturing companies who are doing business with outside of North America and Europe. In a total national basis we are in no way coming out of this recession any time soon!

If you look at the consumer spending, employment, and housing, common sense tells you that anyone who thinks we are out of this recession (actually a depression), is living in [...]

How far do we want wages in the USA to fall to be ‘competitve’?

from another article: “… 903 million Asians (are) already living on $1.25 or less a day…”
how far do we want wages in the USA to fall to be ‘competitve’?

Do you want to live on $1.25 per day? Do you want that for your children, grandchildren, nephew…. your fellow American’s?
Get your head straight.

The problem is that the global international banker who tell our government what to do have squeezed as much [...]