NSA

What is our society going to look like when our faces are being tracked literally everywhere that we go?
As part of the FBI’s new Next Generation Identification System, a facial recognition database known as the Interstate Photo System will have collected 52 million of our faces by the end of 2015.
But that is only a small part of the story.  According to Edward Snowden, the NSA has been using advanced facial recognition technology for years.  In addition, as you will see below, advertising companies are starting to use Minority Report-style face scanners in their billboards and many large corporations see facial recognition technology as a tool that they can use to serve their customers better.
Someday soon it may become virtually impossible to go out in public in a major U.S. city without having your face recorded.  Is that the kind of society that we want?

manipulation

The precious metals have been under the most intense and concentrated period of downward price manipulation by the Federal Reserve/U.S. Government that has occurred over the last 14 years, except for the summer/early fall 2008. Something really bad is occurring behind the scenes with our  economic and financial system that is not yet obvious.  
But I have a feeling we’ll soon find out.

silver precipice

Gold and silver drifted lower over the course of the week, with a challenge to the $1200 level for gold becoming a distinct possibility.  On Friday, silver plunged below support at $18.
History shows us that the most successful investors are value investors, and those experienced in precious metal markets are currently happy to buy the dips. Meanwhile, with the majority of momentum traders being short of physical gold and silver, it is hardly surprising they talk these metals down.

krieger

This week’s Scottish NO vote was entirely secured by overwhelming support from those aged above 55. In fact, the “better together” camp failed to win any of the age groups below 55 years of age. For the 65+ crowd it was simply a blowout. 73% of them voted NO. So in a nutshell, old people filled with fear blocked independence.  Similarly, fearful old people bailed out the banks in the U.S. several years ago, putting a nail in the coffin of the middle class and the youth generally.   See what I am getting at here?
What we now know for certain is that old people in positions of wealth and power, and the ability to frighten others of their generation, is proving to be the most significant obstacle to global change. For those of us who wish to see paradigm shifting changes, this is a very positive realization.

china gold

The suppression of gold prices is essential at all costs to the Anglo-American banking interests.  The saber rattling and attempts to lure Russia and China into military conflict are about who controls the financial world.   Russia and China keep accumulating the eternal currency – gold.
The American Empire and their EU disciples continue to accumulate debt and print fiat currencies.
Has fiat paper ever won out over gold in the long-run?
Change is coming…

Sinclair Hong Kong

With gold smashed to $1215, perhaps only a day or 2 from testing bear market lows at $1179 and silver plunging through substantial support at $18 to place new bear market lows Friday, legendary gold trader Jim Sinclair sent an email alert to subscribers stating that today’s trading action is  “a classic example of “Popular Delusions, and the Madness of the Crowd.
On a day when Alibaba IPO’d in the US with a market cap surpassing Walmart, Sinclair advised PM investors to study history & check their emotions at the door, stating that This is a period of time when major market changes have a high probability of happening, and that Today is a day that should be memorized. 
Sinclair’s full MUST READ market alert is below: 

manipulation

The intensity of the banks’ attacks on gold and silver prices have been long, drawn out, and merciless.
Since 2011, the banks have been hitting completely “below the belt”.   They are are now All-in on their efforts to cap gold & silver, because this time they understand: it’s for all the marbles.
Why have the precious metals been massacred since 2011?
The fate of the US dollar as global reserve currency hangs in the balance. 

freefall

Silver has just broken below the June 2013 low of $18, continuing its post FOMC “taper” sell-off Friday, plunging to a new bear market low of $17.77. 
Gold is also continuing its sell-off, but has held above $1215, still $35 off the June 2013 lows of $1179. 

police state

Events last month in Ferguson, Missouri  forced Americans to confront the frightening reality that many of of the nation’s police departments have been quietly, but consistently, militarizing over the past couple of decades.
It’s one thing to intellectually understand that this has happened, it’s quite another to see cops deploy tanks and point sniper rifles at peacefully protesting U.S. citizens.
With the issue squarely still in the public consciousness, it would behoove us to understand that this program is not only arming police with weapons of war.
In fact, public schools are also receiving such items, including grenade launchers, M16s and MRAPs.

The continuing strength of the U.S. dollar is bad news for the price of gold, and Eric Coffin believes that in the short term a price of $1,200/oz is possible, though there is room now for an oversold bounce.
This, of course, is bad news for gold miners and explorers.
But in this interview with 
The Gold Report, the publisher of Hard Rock Analyst counsels that even in a bull market investors are best advised to seek out the potential tenbaggers and presents several companies in gold, base metals and uranium with the potential to flourish even in the bad times. 

sovereign man

Human nature is highly resistant to change.   This is the way of the universe.
Sir Isaac Newton told us that an object at rest tends to stay at rest unless acted upon by an external force of sufficient enough to overcome the object’s inertia.
In chemistry, activation energy is defined as the minimum energy needed to be input in order to produce a chemical reaction.  A wooden log in a fireplace doesn’t spontaneously combust. You must first add sufficient energy (heat) to the system before the wood will burn.  Until that activation energy is reached, no reaction will occur.
Humans are the same.  Our natural state is to remain at rest.  Overcoming our inertia is incredibly difficult.   Doing so requires tremendous energy. And motivation.
The fact that millions of people in Scotland are even considering rocking the boat and radically change is very telling.
It shows there is a deep, deep dissatisfaction with the status quo.   People are sick and tired of the way things are.  The system has completely failed them. And they want change.
This is huge.   And it’s a sign of things to come.

city

In the wake of Edward Snowden’s revelations on the NSA, a number of cities around the world are hotly competing to become the next Silicon Valley.
In the process, they are creating excellent and exceptionally welcoming environments for new businesses.
They want you to start your business there, so they are going out of their way to entice entrepreneurs with better working spaces and greater access to mentorship and capital.

dollar

In the article below,  we analyze the surprisingly likely drivers that may keep the US dollar strengthening over the next few years, especially if another economic/financial crisis arrives.
While there are many reasons to fear for the longer term viability of the US dollar given America’s current misguided monetary policy and exponentially increasing debt & liabilities, the next few years could well see the greenback appreciate further by 50-100% relative to the world’s other major fiat currencies.