Ask yourselves why North Koreas suddenly issuing all these threats for war? Why now?
The real reason is hidden and could be to do with a stategic plan called ‘America’s Pacific Century’ , by US Secretary of State Hillary Clinton.
“The future of politics will be decided in Asia, not Afghanistan or Iraq, and the United States will be right at the center of the action.”
They (the U.S government) are using the latest North [...]
U.S. embassies in at least seven countries in the Middle East, Africa and the Caucuses are warning of possible anti-American protests following an attack on the consulate in Benghazi, Libya that killed the U.S. ambassador to Libya and three other Americans, the Associated Press reports.
The killings in Libya followed demonstrations in front of Cairo’s U.S. Embassy Tuesday, where protesters tore down the U.S. flag and scaled the embassy’s wall. That protest was planned [...]
Today’s AM fix was USD 1576.50, EUR 1284 and GBP 1012.91 per ounce.
Yesterday’s AM fix was USD 1594.50, EUR 1293.29 and GBP 1026 per ounce.
Gold fell by $19.40 in New York yesterday and closed down 1.2% at $1,568.40/oz. Silver fell 1.8% or 50 cents to $26.84/oz.
Gold gradually ticked higher in Asian trading and has kept those gains and seen slight further gains in European trading.
Cross Currency Table – (Bloomberg)
by Gregory Dittman
Let’s first look at Japan. It was the boogieman of the 1980s and is the third largest economy in the world, but there is one major problem. It has faced a “lost economy” for the past 20 years. Japan has a highly educated work force, a small army, is fighting no wars, has universal health care and has a high income tax, low crime rate, low interest rate and [...]
Fresh water shortages are one of the least talked about yet most consequential issues facing our lives (the “3 Es”) today. I’ve researched this topic extensively and posted about it once or twice on other forums. Here are some thoughts I shared there:
In the developed world where freshwater is either subsidized or abundant, “peak water” talk is generally dismissed with the waive of a hand. Meanwhile, the facts are painting [...]
When they interviewed the bought and paid for press after the debate they did not even mention his name once. They pretty much covered everyone else and of course focused on Gingrich and Romney.
IMO, I thought tonight was one of Paul’s strongest debates. He has consistently polled within the top 3 or 4 candidates (despite mainstream media blackouts and negative press) during the entire process and most recently has been polling #2 or #3 [...]
December 5, 2011
The Donald is miffed Ron Paul has decided not attend his soirée. In response to a question about Paul’s decision to not attend – along with John Huntsman – the Newsmax GOP “debate” hosted by Trump, he said it doesn’t matter if “joke candidates” do not participate. “I think those two candidates have zero chance of being elected so it makes no difference.”
Joke candidate with zero chance? [...]
August 24, 2011
China’s largest oil and gas producer has shut down six major projects in war-torn Libya, Syria and other restive nations because of political instability, state media said Tuesday.
The decision came as Libyan leader Moamer Kadhafi’s regime appeared close to collapse after rebels took over the capital Tripoli, and as other countries in the Middle East and Africa experienced bouts of unrest.
The projects in [...]
The U.S. has dramatically ratcheted up the pressure on Syrian President Bashar Assad, slapping new sanctions on key companies Wednesday as White House press secretary Jay Carney said the leader is guilty of “heinous actions” and the country would be better off without him.
President Barack Obama and other administration officials have already said publicly that Assad has “lost legitimacy” and must begin the [...]
By: Paul L. Williams
The U. S. State Department yesterday announced that the Obama Administration has agreed to contribute $4 billion to the United Nations Global Fund to fight AIDs, Tuberculosis, and Malaria from 2011 to 2013.
The $4 billion represents a 38% increase over the previous U.S. commitment to the fund.
United Nations Secretary-General Ban Ki-moon said that a total of $11.7 billion has been raised from 40 countries, [...]
Oil prices are likely to hit $150 while gold may go above $2,000 longer term, Nick Bullman, a managing partner at research-based risk assessment service firm CheckRisk, told CNBC Tuesday.
In the Middle East and North Africa, “the genie is out of the bottle” and the unrest is ” very likely to continue for some time,” Bullman said, adding that over the short term oil, which [...]
According to the World Bank, 44 million people around the globe have been pushed into extreme poverty since last June because of rising food prices.
The world is losing topsoil at an astounding rate. In fact, according to Lester Brown, “one third of the world’s cropland is losing topsoil faster than new soil is forming through natural processes”.
Due to U.S. ethanol subsidies, almost a third of all corn grown in [...]
Most Americans are so accustomed to supermarkets that are absolutely packed to the gills with massive amounts of really inexpensive food that they cannot even imagine that life could be any other way. Unfortunately, that era is ending.
There are all kinds of indications that we are now entering a time when there will not be nearly enough food for everyone in the world. As competition [...]
CAESAREA, Israel — Prime Minister Benjamin Netanyahu told US Defence Secretary Robert Gates on Friday that Israel is ready to act with “great force” in response to a spate of rocket fire by Gaza militants and a deadly bus bombing in Jerusalem.
Israel had been “subjected to bouts of terror and rocket attacks,” Netanyahu told reporters before going into a meeting with Gates.
“We stand ready to [...]
Every now and then, Standard Chartered has a knack for coming up with that one report that is miles ahead of the competition and promptly becomes the definitive guidebook for the industry. Its most recent one: “Inflation: illusionary, inflammatory” is arguably one of the most detailed and comprehensive reports to come out from an institutional entity in a long time, dealing with the ever so [...]
During times of uncertainty, investors flock to precious metals like gold. But times aren’t as uncertain as they used to be. Granted, unemployment remains high, and there is unrest in countries in the Middle East like Egypt. But the fear of a double-dip recession has mostly subsided in the United States and the economy is expanding again.
After recently peaking above $1,400 per ounce, gold now trades [...]
Also I had a letter from my bank in Belgium telling me that because of a new law to protect people from fraud I cannot use my debit card (meastro card which is linked to my current account) in countries not on an approved list.Â This list includeds 56 countries in mainly Europe and the former USSR and excludes countries such as China, countries in [...]