Archive for the 'Economy' Category
Gold Soars to a Near Five-Year High After Fed Hints at Interest Rate Cuts
June 20th, 2019Via: MarketWatch: Gold prices shot to levels not seen since 2013 on Thursday, as investors flocked to the metal after the U.S. Federal Reserve left key interest rates unchanged but shifted away from its “patient” stance on monetary policy. “Central banks everywhere are preparing to cut rates and re-start [quantitative easing], opening up a new […]
Corn Prices at 5-Year High as Flooding Leaves U.S. Plantings Way Behind
June 19th, 2019Via: MarketWatch: U.S. farmers are millions of acres behind their usual pace of corn planting this spring because of flooding, which may lead to a supply shortage that lifts prices by year end past $5 a bushel to their highest in more than five years. Corn planted in the 18 states that account for the […]
DHS to Move Biometric Data on Hundreds of Millions of People to Amazon Cloud
June 19th, 2019Via: Nextgov: The Homeland Security Department is looking to upgrade the software it uses to analyze biometric data on hundreds of millions of people around the globe, and it plans to store that information in Amazon’s cloud. The agency’s Office of Biometric Identification Management will replace its legacy biometric analysis platform, called the Automated Biometric […]
Over $1 Billion Worth Of Cocaine Seized At Philadelphia Port, U.S. Attorney’s Office Says
June 18th, 2019Via: CBS: Over $1 billion worth of cocaine was seized during a drug bust at Packer Avenue Marine Terminal in South Philadelphia on Tuesday, the U.S. Attorney’s Office says. Federal sources confirmed to CBS3 that a bust took place on a cargo ship that was docked at the port. … According to the U.S. Attorney’s […]
Libra: The Central Bank of Facebook
June 18th, 2019This is hilariously stupid. Via: ZeroHedge: It won’t, however, be a cryptocurrency in the traditional sense. It won’t have a limited supply, defined inflation rate or any commodity character whatsoever. Proof-of-work? Phsaw! Every good Friedmanite knows that opportunity cost in creating new monetary units is simply wasted capital! Only mouth-breathing rubes stuck in the 19th […]
GPS Outage Would Cost U.S. Economy $1 Billion Per Day
June 17th, 2019Via: Ars Technica: Since becoming fully operational in 1995, Global Positioning System technology has become widely adopted in the United States and abroad. The concept of satellite-based navigation has become so essential that other world powers, including China, Russia, the European Union, India, and Japan, have all started building their own regional or global systems. […]
To The Stars Academy CIA UFO “Disclosure” Scam
June 16th, 2019I began warning on Tom Delonge back in 2016. My current best guess assessment of this To The Stars/CIA imbroglio is that it’s a high profile limited hangout. See, Limited Hangout: ‘Wow, What Is That?’ Navy Pilots Report Unexplained Flying Objects. Via: Dark Journalist:
China’s Father of Electric Cars Says Hydrogen Is the Future
June 14th, 2019I doubt it, due to the hassles related to producing and storing hydrogen and the near total lack of hydrogen refueling infrastructure. Toyota’s deranged pursuit hydrogen, despite all the obstacles, has caused it to look like a chicken running around with its head cut off as the industry pivots to battery electric. Toyota has been […]
Mexico Refuses To Name International Figures Bankrolling Migrant Caravans
June 13th, 2019Via: ZeroHedge: After freezing the bank accounts of 26 individuals and entities amid a probe into human trafficking, Mexico has refused to name the account owners – some of which appear to have originated in the US, UK, African nations and Central America, according to Breitbart.
False Flag? Iran Has Little To Gain From Oman Tanker Attacks
June 13th, 2019Via: ZeroHedge: Gulf of Tonkin 2.0? Regardless of whether Iran is responsible for damage to vessels in the Sea of Oman, Bloomberg’s Julian Lee explains, it will still get the blame – and suffer the fallout.
