Tag Archives | Gold

Coincidence Control Network: File #053 – Gold From Space!

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This week: Ken and Kim cause the entire SittingNow Media podcast production line to grind to a halt because of Grand Theft Auto V, and then talk about it in length, Is gold really space swag?, Kimensional news, Giallo Fever, Drugs and America, more drugs, and ancient presidents go UFO spotting….ah, it’s good to be back!

PersonnelJoe Nolan, Kim Monaghan, and Ken Eakins

Linktastico:

  • Is Gold from Outer Space? – Link
  • Jefferson’s UFO sighting Link
  • Dimension News – Link
  • Amer – Link

  • Blood on Black Lace – Link
  • The Worst Drug Epidemic in US History Link
  • Drug Scare Du Jour – Link

Interludes

Venetian Snares, and Chrome Hoof

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The Biggest Scam In The History Of Mankind (Debt Ceiling Truth)

Via HiddenSecretsOfMoney.Com

“A really efficient totalitarian state would be one in which the of slaves who do not have to be coerced, because they love their servitude.” – Aldous Huxley

“By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”  – John Maynard Keynes

Just a short examination of the inner workings of the insidious horror that is the “Federal” Reserve system.

*$5.00 in fiat currency to the first con$umer cannibal, who can reveal the dominant stock holders of Molech Inc, aka The Federal Reserve.

 

 

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Earn Gold For Losing Weight (in Dubai)

320px-Mall_dubaiOh the irony: residents of Dubai, engorged and enlarged by the steady supply of petro-dollars, are being bribed by their government to lose weight with the promise of a gram of gold for every kilo lost. Via BBC News:

Authorities in Dubai are offering gold in return for weight loss in an scheme to encourage healthier living.

Those interested can sign up from Friday for the initiative which lasts over the next 30 days and coincides with Ramadan, a month of fasting.

For each kilogram lost, participants will receive a gram of gold, which is currently worth about $45 (£30).

Those taking part – dubbed “golden losers” – need to lose at least two kilos to receive the payout.

The three participants who lose the most weight will be entered into a draw to win a gold coin worth $5,400.

Called Your Weight in Gold the scheme was announced by Hussain Nasser Lootah, director general of Dubai Municipality.

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State Government Of Texas Moves To Hoard Its Gold

Does a Texas legislative session resemble a Yosemite Sam Looney Toons clip? Because that’s what I’m picturing. The Fort Worth Star-Telegram reports:

Call it the Rick Perry gold rush: The governor wants to bring the state’s gold reserves back from a New York vault to Texas. A bill from Rep. Giovanni Capriglione would establish the Texas Bullion Depository, a secure state-based bank to house $1 billion worth of gold bars owned by the University of Texas Investment Management Co. and stored by the Federal Reserve.

The idea isn’t entirely new. Gold-standard-backing Ron Paul has raised repeated concerns about the safety of states’ gold supplies. “If you think gold is a hedge, or a protection, you always want it as close to the individual and the entity as possible,” Paul told The Texas Tribune on Thursday.

“If we own it,” Perry said, “It’s not someone else’s determination whether we can take possession of it back or not.”

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Arizona Moves To Approve Gold And Silver As Legal Currency

The return-to-old-timey measure follows a similar development by Utah. The Arizona Daily Star explains:

State senators voted [last] Wednesday to make gold and silver legal tender in Arizona. They persuaded Sen. Chester Crandell, a Heber Republican, to give privately minted gold and silver coins the same legal status to pay bills. The proposal, SB 1439, stems from concerns of some that the paper money is losing value.

The U.S. Constitution specifically prohibits states from creating their own currency. But supporters contend that does not preclude states from recognizing coins minted by private organizations. The legislation would not require anyone to accept these coins.

Crandell acknowledged his legislation probably is unworkable, for now. So he agreed to delay its effective date until after 2014, giving lawmakers a chance to work out any of the kinks. A final roll-call vote is needed before the measure is sent to the House.

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Scientists Discover Bacteria That Turns Toxic Chemicals Into 24-Karat Gold

Alchemy by bacteria, via the Huffington Post:

Scientists have developed a bug which produces pure gold. The team at Michigan State University say that they found the bacteria Cupriavidus metallidurans is able to take gold chloride, a toxic chemical found in nature, and turn it into 24-karat gold.

“Microbial alchemy is what we’re doing – transforming gold from something that has no value into a solid, precious metal that’s valuable,” said Kazem Kashefi, assistant professor of microbiology and molecular genetics.

Unfortunately however the process isn’t particularly cost-effective meaning that it is more expensive to enact the conversion than the actual value of the gold produced.

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The 12 Most Infamous Economic Conspiracy Theories

The digital rag Business Insider (run by Henry Blodget, the unabashed Wall Street Internet booster) goes for more SEO-friendly conspiracy bashing:

The economy has sparked a wide variety of truly bizarre conspiracy theories. Despite the fact that they have no basis in truth, people continue to believe them with almost religious zeal.

The internet has given them a wider forum and audience, and has proved to be fertile ground for these ideas to spread.

These are the myths, conspiracy theories, and flat out falsehoods that just won’t die.

The Federal Reserve is a private corporation run for the profit of its shareholder banks.

Origin: This one’s been kicking around almost since the creation of the Federal Reserve in 1913. It’s the subject of a three hour documentary called “The Money Masters”.
The reality: Nationally chartered banks do hold stock in their regional Federal Reserve Banks, and receive a small portion (6 percent of their stock) of the profits of their regional banks, which is presumably the origin of this theory.

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13 States Considering Alternative Currencies

gold“We don’t want yer Yankee dollars ’round these parts.” CNN writes that a string of state currently have a crush on the idea of of gold and silver-based money:

A growing number of states are seeking shiny new currencies made of silver and gold. Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place.

The Constitution bans states from printing their own paper money or issuing their own currency. But it allows the states to make “gold and silver Coin a Tender in Payment of Debts.” To the state legislators who are proposing state-issued currencies, that means gold and silver are fair game, said Edwin Vieira, an alternative currency proponent and attorney specializing in Constitutional law.

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Donald Trump Wants Payment In Gold, Not Dollars

Photo: Gage Skidmore (CC)

Photo: Gage Skidmore (CC)

Brett Arends suggests that the Donald preferring gold bullion to cash is probably the beginning of the end of the incredible run up in gold prices. From Marketwatch:

The Donald has just accepted gold bullion instead of cash. According to my colleague at the Wall Street Journal, Trump accepted $176,000 in bullion as a security deposit on space at 40 Wall Street from Apmex, a precious metals dealer.

Trump used the occasion for some publicity, and a dig at the Obama administration. “It’s a sad day when a large property owner starts accepting gold instead of the dollar,” Trump said in an interview. “The economy is bad, and Obama’s not protecting the dollar at all….If I do this, other people are going to start doing it, and maybe we’ll see some changes.”

Oh, brother.

When a self-promoter like The Donald jumps on a bandwagon, you know it’s getting a little old.

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The Return Of The Gold Standard In The New World Order

goldYou knew it was coming, right? Ambrose Evans-Pritchard reports for the Telegraph that gold has reclaimed its ancient status as the anchor of stability. The spot price surged to an all-time high of $1,594 an ounce in London, lifting silver to $39 in its train:

On one side of the Atlantic, the eurozone debt crisis has spread to the countries that may be too big to save – Spain and Italy – though RBS thinks a €3.5 trillion rescue fund would ensure survival of Europe’s currency union.

On the other side, the recovery has sputtered out and the printing presses are being oiled again. Brinkmanship between the Congress and the White House over the US debt ceiling has compelled Moody’s to warn of a “very small but rising risk” that the world’s paramount power may default within two weeks. “The unthinkable is now thinkable,” said Ross Norman, director of thebulliondesk.com…

Step by step, the world is edging towards a revived Gold Standard as it becomes clearer that Japan and the West have reached debt saturation.

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