Search Results for: interest rate

Astronomers discover a new black hole in our galaxy

Xray nova flaring black hole

This is the X-ray nova flaring black hole. NASA’s Swift satellite recently detected a rising tide of high-energy X-rays from a source toward the center of our Milky Way galaxy. The outburst, produced by a rare X-ray nova, announced the presence of a previously unknown stellar-mass black hole. “Bright X-ray …

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Monsanto’s Top 7 lies about GMO Labeling and Proposition 37

prop 37 GMO

Due to the near future voting on November 6, 2012 for California’s Proposition 37, there has been a lot of heat going back and forth concerning GMO foods. Up until now, 10′s of million of dollars have been funneled into the opposing side of the bill, with biotechnology giant Monsanto …

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Silver headed to $75-$125/oz. in 1-2 years

My experience and the charts tell me that silver prices are likely to head to $75 to $125/oz. in the next one to two years.  That’s about a 150% to 230% gain for those who buy silver under $30/oz. The reason why is that we are in a bull market …

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Paper silver contracts are being dumped on the market

Paper silver contracts

Recently I spoke with author and economic analyst John Sneisen about the astonishing breaking story that half of the daily global silver production was dumped in a matter of minutes. A massive sell-off of paper contracts! The culprits appear to be unknown but it has resulted in a 4% fall …

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Washington Post owner receives $600 million contract from the CIA

Washington Post CIA Amazon Jeff Bezos

Editor’s note: The Washington Post was the first to run the story of the CIA’s claim that Russia hacked the US election, of which there is absolutely no evidence. It’s been a rough couple days for The Washington Post. Word emerged that hackers invaded its internal system—for a few days, …

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Australia’s economy goes 25 years without a recession

australia-economy-gdp-recession

By Filip Karinja Australia’s second quarter gross domestic product results have been released showing that the economy grew by 3.3%, making it the strongest growth experienced since the June quarter in 2012. This is now the 100th quarter that Australia has gone without technically experiencing a recession, closing in on the …

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Swiss open major bank probe into precious metals market rigging

Precious metals gold

The Swiss competition regulator has opened an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a string of manipulation probes. Switzerland’s WEKO watchdog said its investigation, the result of a preliminary probe, was looking at whether UBS, Julius …

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McDonald’s to close 700 stores this year

McDonald's

Fast food giant McDonald’s has recently seen business plummet. Factors such as consumer awareness and healthier alternatives led to a 2.3% decrease in sales and a 28% drop in operating profits during the first three months of 2015. Projected sales for April aren’t expected to be much better. In an effort to restore sales, the world’s …

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Saudi blogger sentenced to 1,000 lashes may face death penalty

Raif Badawi Saudi Arabia

Raif Badawi, the Saudi Arabian blogger whose punishment of 1,000 lashes has prompted international condemnation, may now face the death penalty. Mr Badawi’s wife, Ensaf Haidar, told The Independent in a series of messages that judges in Saudi Arabia’s criminal court want him to undergo a re-trial for apostasy. If …

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113 Federal Reserve staff members earn $250,000 annually

Janet Yellen

Just in case you need another reason to dislike the thieving Federal Reserve. From Reuters: (Reuters) – The top 113 earners among staff at the Federal Reserve’s Washington headquarters make an average of $246,506 per year, excluding bonuses and other benefits – more than Fed Chair Janet Yellen and nearly double the normal top …

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EU funded BBC hit job on Nigel Farage and UKIP

BBC Panorama

If there was ever any doubt as to the political motivation of the BBC then the hit job on Nigel Farage by Panorama on 13th October should leave you in no doubt that BBC impartiality doesn’t exist. In a blatant attempt at character assassination they contacted people long-ago disassociated from …

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Argentina and China sign $1b currency swap deal

currency swap China Argentina

Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign reserves. It comes as part of a loan worth $11 billion signed in July by Argentina’s …

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Vietnamese banker sentenced to death for fraud

Vietnam money

A Vietnamese former banker and his business associate have been sentenced to death for their part in the embezzlement of $25 million, state media has reported. The pair were among 11 defendants in the nine-day trial in Ho Chi Minh City, state media reported on Saturday, in a case that …

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Real-life ‘Iron Man’ suit commissioned by US military

Iron man

The technology in Iron Man is getting a step closer to reality thanks to the United States military. The Army has commissioned a Tactical Assault Light Operator Suit, which would provide the wearer with superhuman abilities like night vision, enhanced strength, and protection from gunfire. Each suit would have an on-board computer …

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Royal family enjoys veto power in all British govt. affairs

queen royalty

The British Queen and her son Prince Charles enjoy a veto power, by which they can annul any new laws being drafted against their interest in the government, it has been revealed. The revelation came after the coalition government lost the battle to keep information about the level of royal …

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Chemotherapy can backfire and boost cancer growth: study

Chemotherapy drugs

Cancer-busting chemotherapy can cause damage to healthy cells which triggers them to secrete a protein that sustains tumour growth and resistance to further treatment, a study said Sunday. Researchers in the United States made the “completely unexpected” finding while seeking to explain why cancer cells are so resilient inside the human body when they are easy …

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On this day in 2016

For a presidential election taking place when the US debt/GDP has for the first time in 70 years crossed above 100%, in which over 50 million Americans collect food stamps and disability, in which M2 just crossed $10 trillion, in which total US debt is about to pass $16 trillion, …

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