by Mac Slavo
SHTF Plan
Elite Navy Seal operator Marcus Luttrel, whose courage and that of his unit are depicted in the movie Lone Survivor, delivers a rousing speech to the GOP convention in Cleveland Monday night.
At one point Luttrel appears to get slightly perturbed with the teleprompter, to which he says “I’m so used to speaking from the heart that when I have to read this it goes wrong, so I’m just gonna go.”
The only way we survive this is together… in order for any life to matter, we all have to matter…
To the next generation… your war is here… you don’t have to go searching for it… your people are afraid…
Who among you will love something more than you love yourself?
In the context of trade and immigration, borders are often discussed as a means of excluding foreign workers and foreign goods. In one way of thinking, borders provide an opportunity for states to exclude private actors such as workers, merchants, and entrepreneurs. On the other hand, borders can also serve a far more endearing function, and this is found in the fact that borders represent the limits of a state’s power. That is, while borders may exclude goods and people, a state’s borders also often exclude other states.
I have absolutely nothing against the police and, for that matter, honest police work.
A very local problem in China is being exported at an alarming rate.
Since early 2016, gold has been one of the hottest-performing commodities in the market. Gold is up nearly 25% year to date, and the reasons why should not be a surprise.
On the heels of the US Dollar Index breaking above 97, today a 50-year veteran spoke with King World News about everything from the Turkish coup, to the Italian baking crisis and the silver market.
A week after a Hague tribunal ruled against its territorial claims to 80 percent of the South China Sea, Beijing is organizing military exercises in the area. A zone to the southeast of the island of Hainan will be closed until Thursday for the exercises. No further details were released.
It’s been a while since we posted an article by our friend Euan Mearns, who was active at The Oil Drum at the same time Nicole and I were. Is it really 11 years ago that started, and almost 9 since we left? You know the drill: we ‘departed’ because they didn’t want us to cover finance, which we said was the more immediate crisis, yada yada. Euan stayed on for longer, and the once unequalled Oil Drum is no more.
A quarter of a century after the spectacular collapse of socialism in the Soviet empire, a large segment of the “millennial” generation (those born between 1982 and 2004) thinks socialism should be the wave of their future. A 2016 Pew Foundation poll found that 69 percent of voters under the age of 30 expressed “a willingness to vote for a socialist president,” and a 2015 “YouGov.com” poll revealed that 43 percent of young Americans between 18 had 29 had a “favorable” opinion of socialism” and prefer it to capitalism. Who says the public schools aren’t teaching the kids anything these days?
CLEVELAND (MarketWatch) — Anti-tax crusader Grover Norquist didn’t seem sure if he was enjoying his drink at a party in Cleveland. But Donald Trump’s tax plan? Just fine, thank you.
Is it too much to say that since the French Revolution, the left has been the source of virtually all political evils, and continues to be so in our day?
Everyone knows about lies, damned lies, and statistics. The quote has been attached to Mark Twain who apparently attributed to British Prime Minister Benjamin Disraeli. It remains among popular clichés because there is universal truth to it, a sort of caveat emptor lying in the background whenever one consumes an argument. Nowhere is that more the truth than economics and finance, disciplines almost (nowadays) entirely populated with statistics and very little else.
The International Monetary Fund (IMF) has slashed its forecasts for UK growth following the vote to leave the European Union, yet the British economy is still expected to grow faster than that of Germany, France and Italy next year.
Gold has consolidated near the low of the past two weeks following on from its Brexit rally.
The best part of my job is watching the “PM community” – or better put, the monetary truth-seeking populace – coalesce in the war against a status quo that has destroyed global economic prospects for generations to come; enslaved the world with suffocating, unpayable debt; and destroyed the savings of countless billions. And not just the financial community, but the “99%” at large – which I considered last night, in watching Melania Trump speak at the Republican Convention. Frankly, it was as distasteful as it was laughable, to watch political “pundits” attack her – a woman who came from nothing, to a position where the entire world is watching her every move – whilst real people embraced her.