Silver as an investment

ZeroHedge: Why One 18-Year-Old New Yorker Is Suing Apple For $1 Billion

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

An 18-year-old New Yorker is suing Apple for $1 billion, claiming he was falsely arrested and charged for a series of thefts that he did not commit due to facial recognition software that Apple allegedly uses to track theft. Ousmane Bah was arrested at his home in New York in November and was charged with stealing from Apple stores in Manhattan, Boston, Delaware and New Jersey. However, the photo that accompanied the arrest warrant showed somebody that “looked nothing like” the student, according to the Daily Mail.

Not only that, one of the thefts had occurred on the same day that Bah was attending his senior prom. He was in Manhattan for the event while one of the thefts occurred in Boston. So now, he is suing Apple for the hassle he has suffered as a result… which in his opinion is worth a solid one billion dollars.

Bah believes that a learners permit that he lost, containing his name, address and other personal information, was used for identification at Apple stores during the thefts. The thief was caught stealing $1200 worth of products from Apple in Boston on May 31, 2018. The same thief then stole from Apple stores in Manhattan, New Jersey and Delaware, while at the same time allegedly being tracked by Apple software.

Bah said he learned about the thefts the hard way: when a Boston municipal court summons arrived at his door in June. He was then arrested by the New York Police Department on November 29.

When the New York Police Department Detective who was assigned to the case examined surveillance footage from the Manhattan Apple Store, they found that the suspect “looked nothing like” Bah. Instead, the detective found that Apple’s (highly flawed) security technology had been using facial recognition to try and identify suspected thieves. 

The investigator suspected that the thief had presented Bah’s learners permit during one of the multiple thefts. (more…)

via zerohedge

Outspoken Ecuadorian ex-president Rafael Correa’s Facebook page blocked

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

Outspoken Ecuadorian ex-president Rafael Correa’s Facebook page blocked

https://www.rt.com/news/456366-rafael-correa-facebook-blocked/

The post Outspoken Ecuadorian ex-president Rafael Correa’s Facebook page blocked appeared first on PaulCraigRoberts.org.

Jim Rogers: My Process For Investing In Commodities

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The latest from Jim Rogers, author of A Gift to My Children: A Father's Lessons for Life and Investing and Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market.

I’m more bullish on commodities than I am on American stocks for instance. So, the answer is overall yes but would I rush in and buy Zinc today? No, of course not! It’s up 20 percent since August as you pointed out. What I like to do is find the commodities that are down the most and start looking there rather than ones are up the most.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

via jimrogers-investments.blogspot.com

Advice for readers from a reader

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

Advice for readers from a reader

Hello Dr Roberts, Thank you for the advice regarding ‘PROTONMAIL’…I have taken that advice and wish to pass on some additional items of interest in that regard.

I do use ‘MOZILLA’ FIREFOX as a Web Browser but there is also a BETTER one called the YANDEX Web-Browser…. and in addition to using the YANDEX Web-Browser, the search engine to use inside of the YANDEX WEB-BROWSER is DUCK-DUCK-GO.

For several years I have also subscribed to a VPN (Virtual Private Network) in order to encrypt my INTERNET presence. The VPN Service Provider is called PUREVPN(based in Hong Kong, outside the USA ,which is important!), however PROTONMAIL has a VPN service that appears to be less costly and may even be FREE.

I have always been a firm believer in PRIVACY and my rights to it. In this day and age it is a travesty that I must take such drastic steps to insure I have my PRIVACY, but I do what I have to do to make sure I have my PRIVACY. OTOH, I am not so Vain-Glorious to think that anyone gives a Fiddler’s Farthing about my day-to-day communications but I want no one reading them regardless.

Keeping my ON-LINE BANKING info secret is crucial as well and is a BIG reason to get ENCRYPTED WEB-BROWSER’s/SEARCH ENGINE’s.

Maybe you would like to pass the above info onto your audience/readers?

The post Advice for readers from a reader appeared first on PaulCraigRoberts.org.

ZeroHedge: Judge Rules Plea Deal For “Orgy Island Billionaire” Broke Federal Law

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

In an opinion that was 11 years in the making, a federal judge has ruled in a lawsuit brought by victims of disgraced billionaire Jeffrey Epstein – who infamously served 13 months in prison on state prostitution charges after scoring a plea deal with prosecutors led by now-Labor Secretary Alex Acosta – that Acosta and other attorneys with whom he worked at the US attorneys office of South Florida violated federal law when they sealed Epstein’s plea deal, preventing any of his victims from challenging the deal, the Miami Herald reported.

Epstein

 

The lawsuit was originally brought in 2008 after Epstein started serving his term. He was released in 2009. But is only now being resolved following renewed interest in the case following a series of reports in the Herald about how the wealthy and well-connected Epstein – who allegedly ferried Bill Clinton and actor Kevin Spacey to his “Orgy Island” aboard his plane, which has been termed “the Lolita Express” – received such a lenient sentence for offenses that some said should have elicited federal sex trafficking charges.

Marra agreed, saying that while prosecutors had the right to resolve the case in any way they saw fit, they violated the law by hiding the agreement from Epstein’s victims. Marra’s decision capped 11 years of litigation — which included the release of a trove of emails showing how Acosta and other prosecutors worked with Epstein’s high profile lawyers to conceal the deal — and the scope of Epstein’s crimes — from both his victims and the public.

“Particularly problematic was the Government’s decision to conceal the existence of the [agreement] and mislead the victims to believe that federal prosecution was still a possibility,” Marra wrote. “When the Government gives information to victims, it cannot be misleading. While the Government spent untold hours negotiating the terms and implications of the [agreement] with Epstein’s attorneys, scant information was shared with victims.’”

Given that the determination was made in a civil court opinion, Acosta won’t be facing any charges. But the ruling is certainly a black eye for his legacy as US attorney. But White House Press Secretary Sarah Sanders said the administration would be “looking into” Acosta’s role in the plea deal.

In the opinion, the judge determined that Epstein helped recruit underage girls “for his own sexual gratification, but also for the sexual gratification of others”. (more…)

via zerohedge

ZeroHedge: Which One Wins: Central Planning Or Adaptive Networks?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Authored by Charles Hugh Smith via OfTwoMinds blog,

Those who are betting on Central Planning do not understand the essential role of adaptation.

The global economy is in the midst of a grand experiment pitting centralization (Central Planning) against the evolutionary model of adaptive, self-organizing networks. Centralization is the dominant dynamic of the Status Quo everywhere: the economies of China, Japan, Europe and the U.S. are all dominated by Central Planning: central banks, central state agencies, and Deep State / private sector nodes of wealth and power that pull the systemic strings.

Central Planning–the concentration of power and wealth in the hands of the few–is presented as the “solution”: in China, the “solution” is a Total Information Awareness Social Credit Score system of centralized control of the populace. In the U.S., Medicare for all— the PR term for centralized cartel-state profiteering on a vast scale–is just one of many Central Planning “solutions” being touted by the “Progressives.”

Geopolitically, American “Progressives” and neoconservatives alike are enamored of the centralized Imperial Project as the go-to “solution” to any and every challenge.

As I explain in my latest book (now out as an audiobook), Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic, there’s one fatal flaw in Central Planning “solutions”: they run completely counter to the principles of evolution which guide all systems, natural and human.

That which is rigid and inflexible cannot adapt to rapid change, and thus it fails to adapt and vanishes from the Earth. That is the essence of evolutionary dynamics.

(more…)

via zerohedge

ZeroHedge: “We Have No Rights”: Texan Landowners Fear Trump Will Seize Their Land For Border Wall

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

The Rio Grande Valley, an area located in the southernmost tip of South Texas, is seeing increased signs that a border wall or fence is immient: heavy machinery gathering near the Rio Grande, wooded areas being cleared, and residents receiving letters from the government asking to survey their property and possibly seize it through eminent domain.

Gary Jacobs, a former chief executive officer of Laredo National Bank, had an in-depth conversation with Bloomberg about President Trump’s border wall could trigger a massive backlash from Texan landowners.

Texas, a state where Trump defeated Hillary Clinton by 9% in the 2016 presidential election, shows the political complexity at play.

After Trump declared a national emergency last week to access billions of dollars in funding, some landowners in Texas fear that the Trump administration could seize their land.

“The way the eminent domain laws are written, we have no rights,” warns Jacobs. “That’s the issue. It’s not what they’re going to build. It’s how they’re taking the land.”

Not long after Trump invoked the National Emergencies Act, the Legal advocacy group Public Citizen filed suit on behalf of landowners in Texas.

Public Citizen is claiming Trump exceeded his authority under the federal National Emergencies Act because there is no crisis at the border, and that a declaration of a national emergency to build the wall violates the separation of powers, more or less, it is unconstitutional for Trump to declare an emergency because Congress already declined to appropriate the money.

Bloomberg said property seizure laws established in the 1800s leave Texan landowners with limited options. (more…)

via zerohedge

ZeroHedge: Pennsylvania & The Folly Of Minimum Wage Laws

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Authored by Mark Hendrickson via The Mises Institute,

Pennsylvania Governor Tom Wolf has proposed raising the legal minimum wage to $12 per hour on July 1, 2019, and then an additional 50 cents per year until the minimum wage reaches $15 per hour in 2025.

Laws mandating a minimum wage have existed without interruption since the federal Fair Labor Standards Act of 1938. So habituated have we become to this form of government intervention that when a politician like Gov. Wolf proposes to mandate a higher minimum wage, few people bother to question whether government is competent to rule on what a proper wage is.

Neither government officials nor committees of experts that they assemble can possibly process as much information as free markets provide through the forces of supply and demand to determine what wages should be. This is one of the fundamental errors of socialism (take note, Bernie and Alexandria) – namely, the presumption that government planners have enough wisdom to overrule markets and set prices. Alas, the woeful result of such hubris is that by supplanting the pricing mechanism that brings supply into balance with demand and thus coordinates economic activity, economic production becomes uncoordinated, irrational, and chaotic, leading to impoverishment (see Venezuela).

Advocates of minimum wages might retort that there are normative issues here that take precedence – that it isn’t “just” or “fair” that an employer pay an employee (even one who is eager to work at a low wage) less than their arbitrarily chosen minimum. Those who clamor for higher minimum wages are completely free to pay higher wages to anybody they choose to employ. But what gives them the right to tell somebody else how much they must pay for something?

Let me give an example.

Let’s say that an enthusiastic supporter of higher minimum wage laws has fallen in love with Tesla automobiles and wants to buy one. Now let’s pretend that Tesla is on the brink of bankruptcy, and that if it goes out of business, a number of Americans will lose their jobs and means of self-support. (more…)

via zerohedge

ZeroHedge: Smollett Now Has An “Untreated Drug Problem” As ‘Empire’ Mulls Recast

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After consulting with his attorneys and crisis management team, Jussie Smollett told Chicago police that he has an alleged drug problem, a move which could be used as a mitigating factor to get his sentence reduced, according to TMZ

Smollett divulged his ‘drug problem’ after turning himself in Thursday morning on charges that he filed a police report for a Jan. 29 hate crime hoax he allegedly paid to associates to act out. 

Smollett fingered Abimbola “Abel” Osundario – one of the two brothers the ‘Empire’ star allegedly paid $3,500 to beat him up – as his drug dealer, selling him ‘Molly’ several times since the spring of 2018 according to text messages. 

Police say Smollett text messaged Osundario asking for the drug – a street name for ecstacy. 

Word of Smollett’s drug problem comes as TVLine reports ‘Empire‘ producers are considering bringing in a new actor to play the role of Jamal. Co-creator Lee Daniels – who reportedly loosely based the character on himself, is said to be a big fan of the idea. 

20th Century Fox said on Friday that while they will wait for the legal process to play out, they “have decided to remove the role of ‘Jamal’ from the final two episodes of the season.” 

Smollett was arrested early Thursday after turning himself in on a felony criminal charge of disorderly conduct for filing a false police report in connection with the hate crime ‘attack.’ 

And in a sign that the left has finally accepted the situation, the Daily Show mocked the Smollett situation on Friday: 

via zerohedge

ZeroHedge: YouTube Demonitizes Anti-Vax Channels After BuzzFeed Contacts Advertisers

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

YouTube on Friday demonetized channels which promote anti-vax content, after BuzzFeed notified a spate of advertisers that their ads were being run alongside anti-vax videos, reports BuzzFeed. YouTube said that such videos fall under its policy prohibiting videos with “dangerous and harmful” content to be monetized. 

“We have strict policies that govern what videos we allow ads to appear on, and videos that promote anti-vaccination content are a violation of those policies. We enforce these policies vigorously, and if we find a video that violates them, we immediately take action and remove ads,” reads an emailed statement from YouTube to BuzzFeed. 

Seven different advertisers said they weren’t aware their ads were appearing on videos like “Mom Researches Vaccines, Discovers Vaccination Horrors and Goes Vaccine Free,” which advocates against vaccinating children, and reached out to YouTube to pull the programmatic placements.

Their ads appeared on videos from channels including VAXXED TV, LarryCook333 (a proponent of StopMandatoryVaccinations.com), and iHealthTube, all of which YouTube has since demonetized, or prevented from running ads. –BuzzFeed

One health tech company, Nomad Health, told BuzzFeed News that it “does not support the anti-vaccination movement,” and was “not aware of our ads running alongside anti-vaccination videos.” The company said it would “take action to prevent it from happening in the future.”

Another such advertiser – discount vitamin company Vitacost, said it pulled all of its advertising on Tuesday after a blogger made a viral video highlighting a “soft-core pedo ring” operating on the platform. 

“We pulled all YouTube advertising on Tuesday morning when we noticed content issues. We had strict rules to prevent our ads from serving on sensitive content and they were not effective as promised,” said a VitaCost spokesperson via email, who added. “We will continue to remain off of the platform until those changes are made and are proven to be effective by other advertisers. (more…)

via zerohedge