Silver as an investment

Category Archives: Firewall

Another Step Towards The Sovietization Of American Media

Authored by James George Jatras via The Strategic Culture Foundation, This week the US Department of Justice Criminal Division forced the Russian-funded television network RT (formerly Russia Today) to register as a “foreign agent” under the Foreign Agents Registration Act (FARA). Failure to comply would have risked arrest of RT’s management and seizure of its […]

Chinese Capital Outflows Return As Soon As PBOC Halts FX Intervention

Since the addition of the Chinese renminbi (RMB), i.e. Yuan, to the IMF’s SDR basket of reserve currencies last October, more than 60 countries and regions have added and adopted the renminbi as a new reserve currency, according to the latest report on renminbi internationalization by the People’s Bank of China. As a reminder, one […]

China Unveils Emergency Drill To “Shut Down Harmful Websites”

China's 19th National Congress of the Communist Party – the quinquennial confab where the party selects new members of the Politburo, its ruling council – is expected to begin this fall (official dates have not yet been publicly announced). And in an effort to guarantee that the leadership reshuffle goes off without a hitch, President […]

Georgia Sec. Of State Blasts “Fake News”; Says Media Biggest Threat To Democracy Not Russian Hackers

Back in December, the Georgia Secretary of State, Brian Kemp, publicly blasted the Obama administration and the Department of Homeland Security for repeated attempts to hack into his state’s election system.  Kemp figured the attempts were nothing more than an effort to expose security flaws in state election systems so that Homeland Security could designate […]

“FOMC Drift” In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides

With last Friday’s “tech wreck” now a distant memory, this morning the “FOMC Drift” described yesterday, which “guarantees” higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly in […]

How Facebook is Helping China Become a Dystopian Nightmare

Via The Daily Bell A bad credit score can be quite the hardship in America. But can you imagine a bad social credit score? China is implementing social credit scores that will influence the types of schooling, jobs, and housing available to citizens. The population will also have the chance to review and affect their neighbors’ and acquaintances’ […]

Is The Tyranny Of A Cashless Society Coming?

Via Capt. William E Simpson of WesternJournalism.com, Like many people, I am a careful person when it comes to digital commerce, yet nonetheless I had two of my credit cards hacked (twice in the last four years) — one time by a supposedly reliable online retail company, another time when I rented a trailer. And both […]

Europe Isn’t Over Folks

Anyone smell the smoke yet? From the Market Ticker / Karl Denninger / April 23, 2012 There’s a definite problem over in Euroland that “suddenly” became apparent this morning. Between the French elections (in which Sarkozy appears to be toast) and the Dutch government collapsing over an austerity fight, we now add the ECB and […]

Europe’s EFSF ‘Firewall’ Risk At 3 Month Highs, Accelerating At Fastest Rate In 6 Months

From Zero Hedge / By Tyler Durden / April 22, 2012 The last two weeks have seen the market’s perception of the risk of Europe’s ‘firewall’ rise at its fastest rate in six months (the peak of the crisis). At 142bps wider than Bunds, EFSF bonds now trade at their widest in three months and […]

A Trillion Euros Didn’t Buy Much Time

from GoldSeek / by: Rick Ackerman, Rick’s Picks  / April 16, 2012 Europe’s bankers will need to think really big the next time they try to construct a proper “mother of all firewalls.” A nearly trillion-euro package that was on the table a few weeks ago would combine €440 billion of uncommitted funds from an […]