Millions took to the streets to take part in May 1 demonstrations around the globe. From union rallies to protests and clashes with police, the International Labor Day events drew attention to the issues of austerity, unemployment and workers rights.
Earlier this month at our Offshore Tactics Workshop in Chile, famed financial author (Currency Wars) and fund manager Jim Rickards explained to our audience of nearly 500 attendees why the gold price can, and should, hit nearly $7,000. Soon.
http://www.sovereignman.com/why-gold-will-hit-6993/?inf_contact_key=42f9b9b85a05169339dde5353114351673cd3a45e3aac0a8a3179da4db242796
Retired Army General and Former Deputy Director of the CIA.
No pleasure is taken from seeing vast legions of struggling Americans, including a few close friends, who have lost jobs, lost homes, lost savings, lost pensions, and lost a valuable sense of security, as they continue to hang on. Many might actually find the warmth of the official camps, only to disappear later on. Argentina and Chile had their desaparecidos, and so [...]
from Sovereign Man:
It seems these days I spend at least 50% of my time looking at farms for sale in Chile. And with good reason.
I’ve written before at length why agriculture seems like the no-brainer investment of the decade: given the fundamentals of supply and demand, the absolute best-case scenario is rising food prices. The worst-case scenario is shortages.
Owning farmland is comparable to owning physical gold. And I’m buying as much of it as I can, [...]
From FinViz, here’s the Euro vs. the dollar:
FinViz
It’s not totally clear what’s behind the move, but a WSJ report about how Greek creditors were at “loggerheads” may be a culprit.
It could be something else. Spanish yields are also notably higher on the day.
As noted earlier, the drop in the euro is part of a broader “risk off” move.
businessinsider
According to the article, China is recasting all of their gold reserves into small one kilo [...]
According to an article, China is recasting all of their gold reserves into small one kilo bars in order to issue a new gold-backed currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar.
There can be no doubt that the US dollar will soon be history. China is recasting all of their gold reserves into small one kilo bars in order to [...]
Yesterday I noticed some interesting volcanic and earthquake activity from Italy to Indonesia. It just came out that there have been a swarm of 30+ earthquakes in southern California since yesterday.
http://latimesblogs.latimes.com/lano…-sequence.html
You can also check out the global emergency and disaster information Live here: http://hisz.rsoe.hu/alertmap/index2.php
I had a wild theory a few months ago after notable earthquakes occurred in Washington and Oregon (the two states directly above California).. Before those there was another [...]
The renowned Spanish lawyer representing Julian Assange said he was worried about the WikiLeaks founder’s health due to the pressure on him as he fights efforts to extradite him from Britain.
Baltasar Garzon, known for pursuing Chile’s former dictator Augusto Pinochet, met Assange, 41, on July 19 in the Ecuadorean embassy in London, where the Australian Wikileaks man has taken refuge and is seeking asylum.
“He seemed to me steady and determined [...]
Earthquake Details
This event has been reviewed by a seismologist.
Magnitude
4.7
Date-Time
Sunday, February 05, 2012 at 03:42:05 UTC
Sunday, February 05, 2012 at 12:42:05 AM at epicenter
Location
36.662°S, 73.323°W
Depth
20.6 km (12.8 miles)
Region
OFFSHORE BIO-BIO, CHILE
Distances
31 km (19 miles) NW (308°) from Concepcion, Chile
199 km (124 miles) SW (228°) from Talca, Chile
239 km (149 miles) NNW (346°) from Temuco, Chile
427 km (265 miles) SW (214°) from SANTIAGO, Chile
Location Uncertainty
horizontal +/- 24.3 km (15.1 miles); depth +/- 9.2 [...]
AP/Daily Bulletin
January 21, 2012
MEXICO CITY—Honduran President Porfirio Lobo says the United States is sending people to help Honduras battle the violent crime that led to the withdrawal of U.S. Peace Corps volunteers this week.
Lobo says the Americans will work on analyzing the problems.
Lobo told the HRN radio network Thursday that “soon there will be U.S. personnel here … and that will contribute to the tranquility of the Honduran people.”
He did [...]
Earthquake Details
This event has been reviewed by a seismologist.
Magnitude
5.9
Date-Time
Wednesday, December 07, 2011 at 22:23:07 UTC
Wednesday, December 07, 2011 at 07:23:07 PM at epicenter
Time of Earthquake in other Time Zones
Location
27.866°S, 70.923°W
Depth
5 km (3.1 miles)
President Alan Garcia formally opened the monument, known as Cristo del Pacifico or Christ of the Pacific, on a hill in the capital Lima.
He personally helped fund the cost of the statue to the tune of around 100,000 Peruvian soles (£22,000) and has said it will “bless and protect Lima”.
But he has faced strong criticism from several quarters, with many seeing it as a vanity project he chose to pursue [...]
F-E Region:
Chile-Bolivia Border Region
Time:
2011-06-20 16:35:58.7 UTC
Magnitude:
6.3
Epicenter:
68.42°W 21.86°S
Depth:
97 km
Status:
A – automatic
Disclaimer: Unless revised by a geophysicist, automatically determined earthquake locations may be erroneous!
- Source
The image “could almost be a picture postcard of our own Milky Way”, said the ESO
Astronomers have released what they say is the best-yet picture of NGC 6744, a spiral galaxy described as a “sibling” of our own Milky Way.
The image was snapped by the European Southern Observatory’s MPG/ESO 2.2-metre telescope in Chile.
The galaxy lies 30 million light-years away, in the constellation Pavo.
While it is almost twice as large [...]
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