Silver as an investment

China Is Testing Weapons That Can Reach The US In 14 Minutes

A secretive hypersonic wind tunnel, nicknamed 'Hyper Dragon', is helping the experts 'reveal many facts that Americans have not found out', one Chinese researcher said in a propaganda documentary…

South China Morning Post's Stephen Chen reports that China is building the world’s fastest wind tunnel to simulate hypersonic flight at speeds of up to 12 kilometres per second.

A hypersonic vehicle flying at this speed from China could reach the west coast of the United States in less than 14 minutes.

Zhao Wei, a senior scientist working on the project, said researchers aimed to have the facility up and running by around 2020 to meet the pressing demand of China’s hypersonic weapon development programme.

“It will boost the engineering application of hypersonic technology, mostly in military sectors, by duplicating the environment of extreme hypersonic flights, so problems can be discovered and solved on the ground,” said Zhao, a deputy director of the State Key Laboratory of High Temperature Gas Dynamics at the Chinese Academy of Sciences in Beijing.

The ground tests will significantly reduce the risk of failure when test flights of hypersonic aircraft start.

The world’s most powerful wind tunnel at present is America’s LENX-X facility in Buffalo, New York state, which operates at speeds of up to 10 kilometres per second – 30 times the speed of sound.

Hypersonic aircraft are defined as vehicles that travel at speeds of Mach 5, five times the speed of sound, or above.

The US military tested HTV-2, a Mach 20 unmanned aircraft in 2011 but the hypersonic flight lasted only a few minutes before the vehicle crashed into the Pacific Ocean.


Stock Saturday! Were in a Buy zone, Inflation and investment talk for Nov 18, 2017

Judge Moore’s Signature Exposed – a Naked Forgery, 1892

“Did Mike Pence Buy A Diet Dr.Pepper For A Woman That Was Not His Wife?” / by Tyler Durden / Nov 17, 2017 2:07 PM

Authored by James Howard Kunstler via,

If only abortion were retroactive, we could suitably deal with monsters like Senator Al Franken (D – MN), who apparently ventured to apply a breast adjustment to a female colleague asleep on the military airplane winging them home from USO duty in Afghanistan. This was back in the day when Senator Franken was a professional entertainer, a clown to be precise, but his career shift to politics has rendered all his prior clowning anathema.

Will he slink out of the senate in disgrace with (ahem) his tail between his legs? Or will he bunker in and wait until the mega-storm of sexual accusation roars on to strand some bigger, flashier fish on the shoals of ignominy?

Perhaps we’ll soon learn that Warren Buffet repeatedly shagged his notoriously over-taxed secretary in the Berkshire Hathaway janitor’s closet.

Or that Mike Pence once bought a diet Dr. Pepper for a woman who was not his wife!

Seems to me this storm could roar and roil on until ninety-plus percent of the men in America are exposed as sex monsters and expelled from every workplace in the land. And then America can feel good about itself again. At least until the bond market blows up, or Kim Jung Fatboy sends a rocket over Rancho Cuckamonga.

But in the meantime, this scourging of male wickedness raises some interesting questions about human dynamics vis-a-vis workplace dynamics.


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Live Stream – Friday Night – Wuzzup Peeps?

jsnip4, Nov 17, 2017

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The 11 Nations Of The United States

Via Jim Quinn's Burning Platform blog,

In his fourth book, “American Nations: A History of the Eleven Rival Regional Cultures in North America,” award-winning author Colin Woodard identifies 11 distinct cultures that have historically divided the US.

Image result for 11 nations of the united states


Encompassing the entire Northeast north of New York City and spreading through Michigan, Wisconsin, and Minnesota, Yankeedom values education, intellectual achievement, communal empowerment, and citizen participation in government as a shield against tyranny. Yankees are comfortable with government regulation. Woodard notes that Yankees have a “Utopian streak.” The area was settled by radical Calvinists.

Related image

New Netherland

A highly commercial culture, New Netherland is “materialistic, with a profound tolerance for ethnic and religious diversity and an unflinching commitment to the freedom of inquiry and conscience,” according to Woodard. It is a natural ally with Yankeedom and encompasses New York City and northern New Jersey. The area was settled by the Dutch.

new york city

New York City is located in Woodward’s New Netherland.Flickr / Andrés Nieto Porras

The Midlands

Settled by English Quakers, The Midlands are a welcoming middle-class society that spawned the culture of the “American Heartland.” Political opinion is moderate, and government regulation is frowned upon. Woodard calls the ethnically diverse Midlands “America’s great swing region. (more…)

Wall Street Traders Used Chat Rooms To Rig Treasury Auctions, Federal Lawsuit Alleges / by Tyler Durden / Nov 17, 2017 1:50 PM

Over the past several months, as we followed HSBC’s currency scandal involving trader Mark Johnson who netted his firm $8 million in illicit profits by front-running a $3.5 billion client order, we frequently noted that Johnson was nothing more than a convenient scapegoat for a global financial industry that is rife with similar front-running scams that go unnoticed.

That said, to our complete ‘shock’ the NY Post today highlights another front-running scam allegedly perpetrated by Wall Street’s finest at the expense of their clients.  According to new documents published in a class action lawsuit filed by a number pension funds and wealthy individual investors, some of Wall Street’s largest primary dealers in the U.S. Treasury market habitually, and illegally, shared client orders via online chat rooms to order to game Treasury auctions.

Wall Street banks secretly shared client information in online chat rooms in order to rig auctions for the $14 trillion US Treasurys market, according to an explosive lawsuit filed in Manhattan federal court on Wednesday.

The move wrongly fattened the banks’ profits and picked profits from clients, the suit claims.

The new accusations, leveled by several pension funds and wealthy individual investors, are contained in an expanded class-action suit originally filed in July 2015 — and include an unusual twist: Some of the evidence came from confidential informants and one of the banks sued in the earlier action.


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Here We Go Again: No Down Payment, No Problem! / by  / Nov 17, 2017

Flagstar bank in Michigan will “gift” down payments to low-income borrowers to buy a house. What can possibly go wrong?

Flagstar Bank is targeting low- to moderate-income borrowers with a mortgage offer that’s seemingly too good to be true.

The program, which Flagstar introduced earlier this week, requires no down payment from the borrower and also provides the borrower with closing cost assistance.

Under the program, Flagstar will gift the required 3% down payment to the borrower, plus up to $3,500 to be used for closing costs.


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COMEX Record Trading Volumes vs Retail Bullion Buyer Capitulation | iGoldAdvisor’s Christopher Aaron

SilverDoctorsPublished on Nov 17, 2017

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Female Intern Sues “Offensive And Degrading” French Bank For “Flagrant Misogyny” / by Tyler Durden / Nov 17, 2017 1:22 PM

Seemingly echoing Casbalanca’s “I am shocked there is gambling going on here,” young female intern Nadia Moukaideche was ‘shocked’ enough to seek counseling after discovering “disgusting, childish, misogynist” behavior at French investment bank Credit Agricole.

Moukaideche, who was born in 1991, had worked at two investment banks in Paris, where she said she had no problems with any colleagues, but as Bloomberg reports, she found the male-dominated working atmosphere at the French bank’s London office was so “offensive and degrading” that it drove her to seek counseling over the “misogynist” behavior of colleagues, according to her employment tribunal claim (in which she is suing the bank for sexual discrimination).

The intern said her manager encouraged “a variety of disgusting and childish behaviors such as animal noises, burps, passing of wind and ball games,” according to her witness statement for the tribunal.


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