JPM: “Things Have Gotten Out Of Control: People Have More Confidence In Gold Than In Paper Money”

Please see the source for the video.

 

Following the biggest one-day surge in the price of gold since 2009, it is understandable that suddenly everyone who until recently was predicting the price of gold in the triple digits, or laughably explaining why “gold is doomed” wants to talk about the “pet rock.” As we showed earlier, already Goldman and Bank of America have opined with new and upwardly mobile “price targets”, while the scramble to obtain gold in a world drowning not only in negative rates but soon, cash bans, has already been unleashed. Continue reading

Are terrorists setting U.S. wildfires?

As the 2013 season of devastating wildfires continues to rage across the American West, the question of arson as a form of major terrorism is again being raised.

Already this year, 35,440 reported fires have burned a total of 3.9 million acres, with a quarter-million acres scorched the iconic Yosemite National Park.

Large blazes continue to burn in several states, with six alive in Idaho, five each in California and Montana, and one each in Alaska, Louisiana, Oregon, Texas and Washington.

In July 2012, William Scott, a former National Security Agency official and Aviation Week editor, told the American Center for Democracy that terrorists are using fire as a tactical weapon of war. Continue reading

Protest against Potsdam

Germany, brilliantly shaping up a plan for its European conquest by adding national pride and support, one propaganda piece at a time:

AUGSBURG/MUNICH (Own report) – In the run-up to this weekend’s annual “Sudeten German Convention,” the Bavarian regional government has announced the introduction of a memorial day in commemoration of German resettlement. Beginning 2014, the second Sunday in September will annually be dedicated to the commemoration of the German victims of “flight, expulsion and deportation” as a result of the Second World War. The designation of this memorial day is one of the German political establishment’s measures, to seek to embed the notion that the resettlement was “an injustice” in the mindset of future generations. Based on this – historically erroneous – opinion, Germany can raise advantageous political claims vis à vis Eastern and Southeastern European countries. Besides the creation of a memorial day, Bavaria is also supporting, with 20 million Euros, the establishment of a “Sudeten German Museum” in Munich. The German Bundestag has earmarked another 10 million Euros to the project. An exposition, which could serve as the centerpiece of the museum, put the legitimacy of the founding of Czechoslovakia into question, using controversial quotes from Nazi sources. The Bavarian prime minister will be honored, with a Sudeten German Homeland Association award at Sunday’s events for his support of the “expellees.” Continue reading