UK Woolwich Murder Commentary You Didn’t See on TV

May 25th, 2013 No comments

The horrific killing of a soldier in Woolwich, UK, has certainly stirred the pot, and rightly so. Such a grissly event demands to be understood as well as being condemned.

From the mouths of the perpetrators themselves was the suggestion this murder was a revenge killing for Muslims being killed by UK troops. Of course David Cameron will not tolerate such a motive being given much air. But as in any murder, motivation is a key component of understanding why.

Much more interesting though, are comments by George Galloway, where he likens the butchery and the men who committed it to the documented actions of so-called rebels in Syria – including the recent heart-eating episode that shocked the world.

As always, Mr Galloway strikes to the core of the issue… asking why the UK is funding such Jihadists in Syria, when they are radicalised fundamentalists of the same order as the two murderers.

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Currency Wars And US Dollar Rejection

May 25th, 2013 No comments

There is no doubt we are in the midst of what can only be termed currency wars. This is when countries are driven to attempt competitive advantage by devaluing their currencies in order to stimulate exports, and therefore generate growth. Trouble is, such a downward spiral of devaluation has to be inflationary down the track.

Add to that the ongoing issue of excessive “printing” of US dollars by the Fed, which are exported all over the world and impact on the economies of other countries in a negative way, then you have a global situation which is ripe for change.

In the following interview on the GoldMoney podcast with Jim Willie, these matters are discussed in depth, as is the rise of non-USD trade that is emerging as a challenge to the USD as global reserve currency.

Jim Willie on Currency Wars And The Rejection of The US Dollar

 

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Government is Only as Smart as The People Who Elect It

May 25th, 2013 No comments

Here’s an interesting interview with Zbigniew Brzezinski, during the 2012 US Presidential campaign, in which he starts out by commenting on the hostility being expressed by Romney towards China, then moves on to a wider discussion on the issue of an informed electorate, and the fact that Americans are mostly ignorant of what is going on in the rest of the world.

This fact is frightening when you think about it, because the US government is all over the world militarily and covertly – in its attempt to maintain its hegemony. But the people who elect the US government have no idea what they’re up to, or even really care. Such a state of affairs is potentially very dangerous for us all.

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Time to Buy Gold

May 23rd, 2013 No comments

A contrarian is someone who doesn’t follow the crowd, rather he buys when others are selling, and sells when others are buying.

The sell-off of gold, quite likely triggered by design, has seen the gold price plunge and people start to question the  value of gold at this time. And from a contrarian point of view, this is exactly the time when you should be looking to purchase the shiny metal.

Clive Maund states the contrarian case in his article (with charts):

Gold Market Update 5/19/13

 

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Nigel Farage on Europe

May 22nd, 2013 No comments

Nigel Farage certainly stands out from the crowd when it comes to politicians. Here’s a guy who seems genuinely motivated by what he believes in, rather than just seeking power for power’s sake.

The following video interview, conducted by the Australian Broadcasting Corporation, gives him a good platform to air his views on a wide range of subjects. Worth watching.

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Is Syria at a Turning Point?

May 22nd, 2013 No comments

Watching the events in Syria is to be reminded of the huge geopolitical chess game being played out there. One thing is for certain, Western powers are not concerned about the wellbeing of ordinary Syrians, rather the destabilising of the region, breakup of Syria, and to weaken Iran as a result.

But the winds of change are blowing over that country now, with reports of victories for Syrian troops and the capture of territory previously held by rebels/terrorists. Add to this the appearance of Hezbollah, fighting alongside the Syrian army and Russia’s more aggressive stance in defence of that country, and I would say all bets are off regarding the West’s hoped-for result in Syria.

Juan Cole takes a close look at what Russia is up to, and what it all means, in his excellent article…

Revenge of The Bear: Russia Strikes Back in Syria

 

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The Rise And Rise of Bitcoin

May 22nd, 2013 No comments

I’m a self-confessed Bitcoin enthusiast, and I make no apologies for that. But I also realise many people are mystified by all this enthusiasm, and cannot really get their heads around what Bitcoin is and represents.

For those of you reading this who’d like to understand what all the fuss about, I recommend you read the following in-depth article. It’s a great read :)

Why Won’t Bitcoin Die?

Addendum: Here’s another good article:

The Future of Bitcoin

And here’s the trailer of an upcoming documentary, The Rise and Rise of Bitcoin…

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George Carlin on Freedom

May 20th, 2013 No comments

I’m sure most of you reading this post have, at some time or other, viewed a  live comedy video by George Carlin. The guy was a comic genius. But he was much more than that, he was also a thinking person’s comedian with a solid grasp of what going on around us.

In the clip below, you’ll see him in a non-comedy setting, where he shares his views on freedom, and the increasing lack of it.

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The Real Significance of Bitcoin

May 19th, 2013 2 comments

It’s easy to assume that Bitcoin is just another payment system, a sort of PayPal with some additional features. But nothing could be further from the truth.

Bitcoin is truly revolutionary. Why? Because it challenges the money system that’s been around for millennia.

Throughout history money has been issued by the “sovereign” – the ruler. In days of old, this was the King or Queen. Later it became the government, or the government-sanctioned Central Bank.

No money has ever existed which was created by ordinary people and used by them to transact. Sure, there have been many examples of more primitive societies using sea shells, salt and other commodities as money in past times, but as society evolved, the creation of money has always been prerogative of the “ruler” – whether king or government.

Another feature of all modern fiat money is that it is issued as a debt. When you go to the bank to raise a mortgage, that new money (your debt) is used to pay for the house you buy or build. To those who receive these funds it’s just money – but it originated as a debt, owed by you.

All money comes into existence as debt. When debts are paid off, the money is cancelled. Poof… it goes out of existence.

This form of money has given enormous power to those who control the levers… bankers, politicians and kings. And as such, there has always been a temptation to fiddle with the money in order to make a quick buck.

In old times Kings were known to trim gold coins, shave a bit of the gold off, or dilute the purity of the gold – while still keeping the face value of the currency. In more recent times, governments have inflated the currency (devalue it) in order to have more money on hand to bribe voters with “goodies” – stuff to be paid for by future generations.

But not until now, with the advent of Bitcoin, has there ever been a nascent global currency that turns up on the scene completely free of government and banker control.

For this reason, Bitcoin is not only revolutionary but a major disruptive technology. It’s disruptive of the current order. It’s disruptive of centuries of elitist banker control. It represents just as much of a revolution in money, as the internet represents a revolution in communication.

For the first time in history we now have two interconnected disruptive technologies – the internet and Bitcoin. One deals with standard communication in all its forms, and the other deals in a special type of communication – the passing of information regarding who owes what and to whom – a financial ledger maintained on the web, and managed by a worldwide distributed network of servers.

The potential for Bitcoin is huge, and in my book this represents the most radical and far-reaching development to occur in my lifetime. I have dreamt of the day when money could be wrested from the elite’s control – and that day has arrived.

Whoever controls the money supply, controls “us”. Bitcoin is the most radical freedom tool to appear on the scene, and represents a complete break with history.

Mark this moment in your diary. Remember you were here when Bitcoin was introduced. Recall Satoshi Nakamoto (the pseudonym for whomever developed the Bitcoin protocol) as the visionary who introduced this technological breakthrough to the world. And if you love freedom and desire a peaceful and prosperous world – without the vicious sociopaths who currently rule us – then grasp the importance and significance of Bitcoin, learn all about it, get yourself a wallet and start using it.

Seriously, this is so big that I urge you to pay attention, and if you’re not sure what to do, how to understand, but want to get your hands on this new currency, then download my free report – Bitcoin: The Money Revolution.

 

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WebMoney Adds Bitcoin

May 19th, 2013 No comments

Bitcoin got a boost this week when Russian online payment processor, WebMoney, added it to its portfolio of currencies available in their wallets. Unlike PayPal, payments made via WebMoney are irreversible.

The move adds around 11 million WebMoney users to the Bitcoin “universe” and is one more step in the direction of Bitcoin becoming mainstream.

Bitcoin Access Expanded to Over 11 Million WebMoney Users

 

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