What Bitcoin "Deserves"

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From the Slope of Hope: I will preface this by saying I don’t have a dog in this fight. Whether Bitcoin plummets to its intrinsic value of $0.00 and makes people look like idiots, or whether it goes to a trillion dollars per Bitcoin, it doesn’t matter to me. But I want to point out […]

The U.S. Is Not A Democracy, It Never Was

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Authored by Gabriel Rockhill via Counterpunch.org, One of the most steadfast beliefs regarding the United States is that it is a democracy. Whenever this conviction waivers slightly, it is almost always to point out detrimental exceptions to core American values or foundational principles. For instance, aspiring critics frequently bemoan a “loss of democracy” due to […]

Deconstructing The Almighty Russian Hackers Myth

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Authored by Patrick Armstrong via The Strategic Culture Foundation, Sometimes things can be made more complicated than they really are. And such is the case with the story that the Russian government hacked the Democratic National Committee so as to help Trump become president. In July 2016 Wikileaks released a number of documents showing that […]

Another Crypto Milestone: Japanese Company Offers To Pay Employees In Bitcoin

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Less than a year after Japan legalized bitcoin as legal tender, part of the country’s effort pioneering effort to develop a comprehensive regulatory framework for incorporating – and regulating – digital currencies, one Japanese company is offering employees the option to be paid in bitcoin. Because what employee wouldn’t jump at the opportunity to see […]

Next 1,000% Gainer in Cryptocurrency Space

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NIA believes that it has just discovered the next 1,000% gainer in the Cryptocurrency space. One week from today, NIA will be announcing it publicly to all NIA members, but if you would like to learn about NIA’s #1 Cryptocurrency stock suggestion for 2018 right away you can do so by clicking here and making a small […]

Uber Cuts Ambulance Usage And Health Care Costs Across 766 US Cities

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In recent months, it seems like there’s been nothing but bad news for Uber, like having its operating licence revoked in London (“not fit and proper”), concealing a massive cyber-attack, price gauging a passenger $14,000 for a 5-mile ride and reporting a quarterly loss of $1.5 billion. Indeed, the company is becoming almost synonymous with […]

First KPMG and now Deloitte … Another kick in the audit teeth.

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With the dust yet to settle on state capture, the Steinhoff scandal looks set to reopen the country’s audit wounds. KPMG’s involvement with the Zuptoids has been well documented, with Deloitte set to compete with them as public enemy #1. This as Steinhoff says it will restate 2016 financial results audited by Deloitte. So now […]

The Death Of Europe's Coal Industry

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Authored by Nick Cunningham via OilPrice.com, More than half of Europe’s coal plants are already bleeding cash, but by 2030, the percentage of coal plants in Europe that report negative cash flow could explode to an estimated 97 percent. Those findings come from a new report by the Carbon Tracker Initiative, which paints a dire […]

Relief Rally in Gold Mining Stocks

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    In recent days the gold stocks (GDX, GDXJ) traded within 1% of our downside targets of GDX $21.00 and GDXJ $29.50. Last week we wrote: “the miners are getting oversold and a bounce could begin from those levels.” GDXJ troughed first last week at $29.84 while GDX printed a low of $21.27 on […]

Mexican miners reach deal with Canadian company, go back to work

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Following a 40-day stoppage, employees of Minera Media Luna who work at El Limón-Guajes site in the Mexican state of Guerrero are going back to work. Minera Media Luna is Canada’s Torex Gold Resources (TSX:TXG) wholly-owned subsidiary in the Latin American country. It operates the El Limón-Guajes project, one of the richest open-pit gold deposits […]

CHART: High flying metals to fall back to earth in 2018

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Gold’s looks like it’s limping to the finish line with a $100 decline from it’s 2017 high hit three months ago, but bullion bulls would probably feel happy about a second year of near double digit gains (provided the last fortnight of 2017 has no surprises in store). Silver’s been a real disappointment this year with […]

Poloz right to be worried

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Normal 0 false false false false EN-CA X-NONE X-NONE Normal 0 false false false false EN-CA X-NONE X-NONE Sprott Money News   December 15, 2017   Poloz right to be worried For original click here:       Bank of Canada governor Stephen Poloz cited numerous worries plaguing the economy during his speech to Toronto’s financial […]

Why We Should Worry About China

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Authored by Daniel Lacalle via The Mises Institute, Many of our readers might remember the late 80s. There were hundreds of movies, songs and books about the inevitable Japanese economic invasion. The ones of you that did not live that period can see that it did not happen. Why? Because the Japanese growth miracle was […]

Gowdy Eviscerates Andrew McCabe: "I'll Be Surprised If He's Still An Employee Of The FBI By This Time Next Week"

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Once again echoing the dinner conversations of a growing number of American households around the country, Representative Trey Gowdy (R-SC) ripped into FBI Deputy Director Andrew McCabe on Fox News regarding text messages released earlier this week between Agent Peter Strzok and lawyer Lisa Page that revealed an FBI plot, allegedly hatched in McCabe’s office, […]

Jim Kunstler: "You Can See Where This Has Been Going…"

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Authored by James Howard Kunstler via Kunstler.com, Taking Liberty You can see where this has been going… The wholesale un-personing of “powerful men” in the arts, media, and politics for sex “crimes” ranging from rape to stealing a kiss communicates a hunt up the food-chain that leads to the Golden Golem of Greatness tweeting his […]

Mining's Mr. Fix-It brings extinction of 100-Year-Old Lonmin

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(Bloomberg) — After years of near-death experiences, the story of Lonmin Plc is finally over. The company, one of Britain’s most prominent conglomerates of the 20th century, agreed to be bought by Sibanye Gold Ltd., a four-year-old miner run by Neal Froneman, who earned the nickname ‘Mr Fix-It’ for his turnaround successes in the 1990s. The […]

World's Largest Oil-Pipeline Company Uncovers Illegal Crypto Mining Operation

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The world’s largest oil pipeline company has a cryptocurrency problem. According to Reuters, officials at Transneft revealed that somebody  – presumably an employee – used the company’s computers for the unauthorized mining of Monero, the world’s eleventh-largest digital currency with a market capitalization of nearly $5 billion. Comments from company officials seem to suggest that […]