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(Video) U of I College of Law Professor (and Harvard Fellow) Dr. Francis Boyle discusses the implications of a war with Syria and Iran

2012-02-11T23:36:00.001-06:00

Source: Infowars Nightly News
Date: 2/10/2012

Dr. Francis Boyle, professor from the University of Illinois College of Law (and Harvard Fellow) joins nationally syndicated radio talk show host Alex Jones to discuss the geopolitical implications of a potential war with Syria and Iran.

Here is Dr. Boyle's impressive bio taken straight from his U of I faculty page: http://www.law.illinois.edu/faculty/profile/FrancisBoyle

Cold Fusion, Oil and the US Dollar

2012-02-09T02:36:00.000-06:00

Source: e-cat site
Date: 2/7/2012

In the last few articles, an attempt has been made on this site to explore some real world scenarios that may be taking place behind the scenes in regards to cold fusion and how government and otherwise influential entities, like corporations and the military, may be responding to the increasing body of evidence that cold fusion/LENR has not been debunked and in fact its existence is supported by an ever growing amount of evidence, and being confirmed by a wider and wider group of scientists and researchers. If you have not read Tom Baccei’s previous articles that explore such scenarios, they can be found here and here. These have attempts to explain why in spite of the growing evidence (actually undeniable if one takes the time to review the evidence contained on this site and elsewhere, especially lenr-canr.org), the defining moment where the reality of this technology becomes apparent to the masses continues to be elusive. NASA’s January 12 LENR video was very nearly the push that was needed to take this subject out of the shadows. It actually succeeded but only for a very brief time. Below are two charts related to LENR searches on Google. The first chart plots Google searches for the term LENR from 2004 to the present. The second chart plots Google searches for the term NASA LENR from 2004 to the present.

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Will Iran Kill the Petrodollar?

2012-01-25T16:13:00.000-06:00

Source: Casey Research
Date: January 25, 2012 7:46pm GMT
by: Marin Katusa, Chief Energy Investment Strategist

The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran's oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles.
But that line doesn't make sense, and the sanctions will not achieve their goals. Iran is far from isolated and its friends – like India – will stand by the oil-producing nation until the US either backs down or acknowledges the real matter at hand. That matter is the American dollar and its role as the global reserve currency.

The short version of the story is that a 1970s deal cemented the US dollar as the only currency to buy and sell crude oil, and from that monopoly on the all-important oil trade the US dollar slowly but surely became the reserve currency for global trades in most commodities and goods. Massive demand for US dollars ensued, pushing the dollar's value up, up, and away. In addition, countries stored their excess US dollars savings in US Treasuries, giving the US government a vast pool of credit from which to draw.
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Read the rest of this great article here

You are probably the unwitting victim of Pavlovian-Skinnerian animal training techniques if you went to the public schools

2012-01-10T11:19:00.001-06:00

[Editor's Note: This 58 minute interview with Charlotte Iserbyt, Reagan's former #2 in education will have most people wondering, "Can it possibly be true? How horrible!" In recent times the veil has somewhat slid off the international bankers as things are economically bad enough now that the average person has started to get a slight clue that there is something not quite right. The money changers have historically caused economic booms and busts, wars and even shockingly, it is revealed here, how the public in the West are educated.]

“Education is a weapon whose effects depend on who holds it in his hands and at whom it is aimed.”- Joseph Stalin in an interview with H.G. Wells, 1934

Quoting from the article Exclusive: Charlotte Iserbyt Reveals Skull & Bones and the Destruction of America by Aaron Dykes of Infowars:

Charlotte Thomson Iserbyt served as the head of policy at the Department of Education during the first administration of President Reagan, and has since become a treasure trove for a wealth of information on the secret agendas working against America– not the least of which is the secret society Skull and Bones– as well as a coordinated plan to undermine education, eradicate individualism and brainwash the masses to create a subservient population ruled by the super-elite.

Last year, Infowars researchers conducted many hours of exclusive interviews with Charlotte Iserbyt at her home in Maine, including a thorough examination of many archive documents never before seen by the public, forgotten books with important hidden history and other relics, and even the official membership lists from Yale’s Skull & Bones rosters- which Iserbyt herself leaked to the public through author Antony Sutton. Infowars then released two video presentations, both of which have been among the most detailed, researched and significant that this website has released– the first on the Secret History of Western Education, and the second, Secrets of Skull & Bones Revealed.

Charlotte Iserbyt: Secrets Of Skull & Bones Blown Wide Open

There is a book which Charlotte Iserbyt wrote called The Deliberate Dumbing Down of America in which she documents in great detail the specifics of how our education system has been taken over by the internationalist oligarchs who want a one world totalitarian superstate and compliant serfs who bow to authority unquestioningly. Being out of print, Ms. Iserbyt has provided a free .pdf version of her book which I have mirrored on ScribD due to high traffic sometimes at Charlotte's website. Recently, there is an abridged version which has gone back in to print and is available from Infowars.

Read here for more details and learn where to get the abridged version of the book.

Technology areas to watch in 2012 through 2016

2011-12-28T12:49:00.000-06:00

Source: NextBigFuture
Date: 12/24/2011

1. Energy Revolution - Mass produced fission, fusion, and maybe cold fusion
2. Memristors and other significant computing and electronic improvements.
3. Robotics
4. Urbanization Broad Group skyscrapers, Tata flat packed buildings
5. Space
6. Supersmartphones, exoskeletons and wearable systems
7. Hyperbroadband
8. Energy Efficiency - superconductors, thermoelectrics, improved grid
9. Additive manufacturing
10. Not so mundane - neuromorphic chips, quantum computers, photonics
11. Automated transportation (leading to robotic cars and planes)
12. Supermaterials
13. Improve medicine and public health
14. Synthetic biology and recombineering
15. Sensors everywhere
16. Education transformed and accelerated innovation

The most controversial has the highest potential impact

1. Energy Revolution - Mass produced fission, fusion, and maybe cold fusion

There is the highly controversial possibility of Rossi-Focardi Energy catalyzer.

Brillouin Energy is another cold fusion contender

There is also work in this area by Brian Ahern and NASA and other agencies are investigating it.

EMC2 Fusion, Lawrenceville Plasma Physics, General Fusion and/or Tri-alpha energy could develop a first full scale prototype commercial system by Dec, 2016. Those are also somewhat controversial, but less so than the cold fusion. Australia Star Scientific with a claimed breakthrough with muon fusion.

A desktop high frequency fusion system has been proposed for space propulsion and energy generation.

In Chapman’s aneutronic fusion reactor scheme, a commercially available benchtop laser starts the reaction. A beam with energy on the order of 2 x 10^18 watts per square centimeter, pulse frequencies up to 75 megahertz, and wavelengths between 1 and 10 micrometers is aimed at a two-layer, 20-centimeter-diameter target.

High frequency lasers are an area that is rapidly progressing.

I think high frequency lasers and General Fusion are the most likely to succeed. The High frequency laser approach needs to get a deep pocketed champion.

China is well underway with their first pebble bed reactors. The first one will be done by about 2015. This is not controversial and the construction project is underway.

Other small modular nuclear fission reactor projects are underway but most will not have their first units built until 2018-2020 or later

China could have a prototype molten salt thorium reactor by Dec, 2016.

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Debt-Free United States Notes Were Once Issued Under JFK And The U.S. Government Still Has The Power To Issue Debt-Free Money

2011-12-19T13:15:00.000-06:00

Source: The Economic Collapse
Date: 12/19/2011

Most Americans have no idea that the U.S. government once issued debt-free money directly into circulation. America once thrived under a debt-free monetary system, and we can do it again. The truth is that the United States is a sovereign nation and it does not need to borrow money from anyone. Back in the days of JFK, Federal Reserve Notes were not the only currency in circulation. Under JFK (at at various other times), a limited number of debt-free United States Notes were issued by the U.S. Treasury and spent by the U.S. government without any new debt being created. In fact, each bill said "United States Note" right at the top. Unfortunately, United States Notes are not being issued today. If you stop right now and pull a dollar out of your wallet, what does it say right at the top? It says "Federal Reserve Note". Normally, the way our current system works is that whenever more Federal Reserve Notes are created more debt is also created. This debt-based monetary system is systematically destroying the wealth of this nation. But it does not have to be this way. The truth is that the U.S. government still has the power under the U.S. Constitution to issue debt-free money, and we need to educate the American people about this.
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Quantum Entanglement Links 2 Diamonds

2011-12-04T04:26:00.001-06:00

Source: Scientific American
Date: 12/1/2011

Usually a finicky phenomenon limited to tiny, ultracold objects, entanglement has now been achieved for macroscopic diamonds at room temperature

Diamonds have long been available in pairs—say, mounted in a nice set of earrings. But physicists have now taken that pairing to a new level, linking two diamonds on the quantum level.

A group of researchers report in the December 2 issue of Science that they managed to entangle the quantum states of two diamonds separated by 15 centimeters. Quantum entanglement is a phenomenon by which two or more objects share an unseen link bridging the space between them—a hypothetical pair of entangled dice, for instance, would always land on matching numbers, even if they were rolled in different places simultaneously.

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MF Global Revelations Keep Getting Worse

2011-11-21T17:27:00.001-06:00

Source: Tavakoli Structured Finance
Date: 11/21/2011
by: Janet Tavakoli
MF Global Revelations Keep Getting Worse

Shenzou-8 from Launch to Landing

2011-11-19T23:33:00.001-06:00

I joined together footage from CCTV (CNTV) starting 11/1/2011 and ending 11/19/2011 for the Shenzou-8 unmanned space mission, docking with Tiangong-1 orbital space station and landing/recovery.

Source Articles:

Part 1: 11-01-2011 06:40 BJT China successfully launches Shenzhou-8 http://english.cntv.cn/program/newsupdate/20111101/101531.shtml

Part 2: 11-02-2011 14:52 BJT Shenzhou-8 completes first change of orbit http://english.cntv.cn/program/newsupdate/20111102/111280.shtml

Part 3: 11-08-2011 14:13 BJT China's 2nd space docking to occur in harsh conditions http://english.cntv.cn/program/newshour/20111108/111210.shtml

Part 4: 11-09-2011 13:47 BJT China trains crew for manned space docking http://english.cntv.cn/program/newshour/20111109/107678.shtml

Part 5: 11-17-2011 18:14 BJT How will Shenzhou-8 return home? http://english.cntv.cn/program/newsupdate/20111117/116967.shtml

Part 6: 11-17-2011 18:23 BJT Air search and rescue procedures help return http://english.cntv.cn/program/newsupdate/20111117/117110.shtml

Part 7: 11-17-2011 18:17 BJT Weather: Key to Shenzhou-8's safe landing http://english.cntv.cn/program/newsupdate/20111117/117034.shtml

Part 8: 11-18-2011 08:29 BJT Shenzhou-8 returns to earth http://english.cntv.cn/program/newsupdate/20111118/103419.shtml

Part 9: 11-18-2011 08:42 BJT Brazilian congratulations on Shenzhou-8 successful mission http://english.cntv.cn/program/newsupdate/20111118/103773.shtml

Part 10: 11-18-2011 10:01 BJT Studio interview: Shenzhou-8 returning to earth http://english.cntv.cn/program/china24/20111118/105703.shtml

Part 11: 11-18-2011 14:26 BJT Space docking mission success a significance for the country http://english.cntv.cn/program/newshour/20111118/110900.shtml

Part 12: 11-18-2011 14:46 BJT Tele interview: Chin's future space exploration http://english.cntv.cn/program/newshour/20111118/111409.shtml

Part 13: 11-18-2011 20:29 BJT Shenzhou-8: Gateway to the future http://english.cntv.cn/program/china24/20111118/117197.shtml

Part 14: 11-19-2011 14:14 BJT Shenzhou-8 arrives in Beijing after successful landing http://english.cntv.cn/program/newshour/20111119/105345.shtml

World Gold Council sees increased gold demand due to EU debt crisis

2011-11-17T09:41:00.001-06:00

Source: Bloomberg
Date: 11/17/2011

Nov. 17 (Bloomberg) -- Marcus Grubb, managing director of investment research at the World Gold Council, talks about the outlook for gold after demand rose 6 percent in the third quarter from a year earlier. He speaks with Owen Thomas on Bloomberg Television's "Countdown." (Source: Bloomberg)

See also:

Banksters Drain Gerald Celente's Futures Account!

2011-11-16T16:37:00.001-06:00

Source: Infowars Nightly News
Date: 11/15/2011

If it can happen to financial and geopolitical trends expert Gerald Celente who has been trading gold (taking physical delivery of futures contracts) since 1978 it can happen to you. Here is what happened. Mr. Celente was trading gold futures in order to take physical delivery on the December contract from his Lind-Waldock account. He did not realize Lind-Waldock had been bought out by the now bankrupt MF Global, headed by ex-New Jersey governor and Goldman Sachs CEO Jon Corzine, until Corzine resigned due to the scandal. MF Global was taken down by bad bets it made in Eurozone investments. The Eurozone is crumbling. Gerald Celente can not get his money (six figures) now. 150,000 people are in a similar situation per Celente. This highlights bankster fraud/theft and the danger of trading in paper derivatives. MF Global was supposed to segregate customer accounts from their own trading accounts which apparently they did not do.

See MF Global Looted Customers’ Accounts Via Internal Bank Run and Euro Gold Outperforming Bunds and Euro Assets / Celente’s MF Global Gold Account ‘Looted’ for further details.

Quantum Levitation

2011-11-15T14:47:00.001-06:00

Source: Activist Post
Date: 11/15/2011

YouTube - ASTCvideos

For an explanation of the physics in this demonstration visit Quantum Levitation.

Mr. Rossi Goes to Market, Dr. Miley and Others Hope to Follow

2011-11-03T16:14:00.000-05:00

Source: e-CAT Site
Date: 11/3/2011

Italian inventor Andrea Rossi continues with commercialization of his e-Cat (energy catalyzer). In addition to the 1MW plant he tested and reportedly sold to an unnamed customer, he also reports already having sold two or more additional units. He reports that these were to customers in the USA and Europe. While he states that the new customers are not requesting the same level of secrecy, a certain amount of discretion will still be exercised, adding that eventually the identity of his customers will inevitably become apparent. Mr. Rossi reports having production facilities in Bedford, NH and Miami, FL, and plans for the next year are to sell from 30 to 100 1MW cold fusion plants, at a cost of 2 million Euros or 2.8 million U.S. Dollars. This information can be found on Mr. Rossi’s blog, Journal of Nuclear Physics.

While the Associated Press was present at the October 28th test of Mr., Rossi’s 1 MW cold fusion plant, they have yet to run a story covering the event. Whether they are exercising prudence or something less noble remains to be seen. AP reporter Peter Svensson, who was present at the test, has tweeted several times on the subject in response to inquiries about the event. On Monday, October 31, Mr. Svensson tweeted “Sorry, I can’t tell you anything at this point.” Later that day he tweeted again, stating “Sorry, we don’t comment on coverage plans.” These rather cryptic tweets were followed yesterday by “All I can say is “stay tuned.” For whatever reason the AP continues to keep this story under wraps, in the end it may be inconsequential. Other news outlets have begun to report on the story, from Fox News, CNN, Forbes and Discovery News, to popular publications in such places as Sweden, Russia and Italy. Perhaps the most balanced story I have seen on the subject so far was posted on the site of a U.S. Daily newspaper Falls Church News Press of Falls Church, Virginia, which is about 10 miles outside of Washington, D.C. I would strongly urge all readers to take a look at this article.

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Customer of 1 MW E-CAT Cold Fusion Power Plant Accepts Technology After Their Own Independent Testing

2011-10-29T15:08:00.000-05:00

October 28, 2011 was an important day in the world of cold fusion (Low Energy Nuclear Reactions) and exotic energy technology. The currently anonymous customer of Andrea Rossi's 1 MW E-CAT cold fusion power plant sent in their own scientists and engineers to test the device which is comprised of more than 100 E-CAT modules which have been built in to a shipping container. Journalists were allowed to attend the event, including Peter Svensson, technology writer for the Associated Press.

The following two very timely articles by PESN and NYTeknik go over observations of the 10/28/2011 test and have links to the results and sign-off by the customer's representative giving approval for the functionality of the 1 MW power plant:

1 MW E-Cat Cold Fusion Device Test Successful, Sterling D. Allen, PESN
Half a megawatt E-cat in Bologna, Mats Lewan, MYTeknik

I really look forwards to the Associated Press article which should come out shortly in the next few days (pending editor approval) because, although PESN and NYTeknik do some excellent work, the AP has broader readership and the ability to speed up public interest and adoption of cold fusion technology. With an estimated cost of less than 1 cent per kWh compared to all conventional power sources, energy this clean, cheap and portable has the ability to transform (and/or save) economies and create a great deal of wealth and higher standard of living for all human beings.

Below is a chart taken from PesWiki (Pure Energy Systems Wikipedia) showing the cost per kWh of many common energy sources:

[...]
Traditional Power Generation
Lowest price listed first
Method Cents/kW-h Limitations and Externalities
Gas

Currently supplies around 15% of the global electricity demand. 3.9 - 4.4 Cents/kW-h Gas-fired plants and generally quicker and less expensive to build than coal or nuclear, but a relatively high percentage of the cost/KWh is derived from the cost of the fuel. Due to the current (and projected future) upwards trend in gas prices, there is uncertainty around the cost / KWh over the lifetime of plants. Gas burns more cleanly than coal, but the gas itself (largely methane) is a potent greenhouse gas. Some energy conversions to calculate your cost of natural gas per kwh. 100 cubic feet (CCF)~ 1 Therm = 100,000 btu ~ 29.3 kwh.
Coal

Currently supplies around 38% of the global electricity demand. 4.8 - 5.5 Cents/kW-h Increasingly difficult to build new coal plants in the developed world, due to environmental requirements governing the plants. Growing concern about coal fired plants in the developing world (China, for instance, imposes less environmental overhead, and has large supplies of high sulphur content coal). The supply of coal is plentiful, but the coal generation method is perceived to make a larger contribution to air pollution than the rest of the methods combined.
Nuclear

Currently supplies around 24% of the global electricity demand. 11.1 - 14.5 Cents/kW-h Political difficulties in using nuclear in some nations. Risk of widespread (and potentially lethal) contamination upon containment failure. Fuel is plentiful, but problematic. Waste disposal remains a significant problem, and de-commissioning is costly (averaging approximately US $320MM per plant in the US).

Conventional, Renewable Power Generation
Lowest price listed first
Method Cents/kW-h Limitations and Externalities
Wind

Currently supplies approximately 1.4% of the global electricity demand. Wind is considered to be about 30% reliable. 4.0 - 6.0 Cents/kW-h Wind is currently the only cost-effective alternative energy method, but has a number of problems. Wind farms are highly subject to lightning strikes, have high mechanical fatigue failure, are limited in size by hub stress, do not function well, if at all, under conditions of heavy rain, icing conditions or very cold climates, and are noisy and cannot be insulated for sound reduction due to their size and subsequent loss of wind velocity and power.
Geothermal

Currently supplies approximately 0.23% of the global electricity demand. Geothermal is considered 90-95% reliable. 4.5 - 30 Cents/kW-h New low temperature conversion of heat to electricity is likely to make geothermal substantially more plausible (more shallow drilling possible) and less expensive. Generally, the bigger the plant, the less the cost and cost also depends upon the depth to be drilled and the temperature at the depth. The higher the temperature, the lower the cost per kwh. Cost may also be affect by where the drilling is to take place as concerns distance from the grid and another factor may be the permeability of the rock.
Hydro

Currently supplies around 19.9% of the global electricity demand. Hydro is considered to be 60% reliable. 5.1 - 11.3 Cents/kW-h Hydro is currently the only source of renewable energy making substantive contributions to global energy demand. Hydro plants, however, can (obviously) only be built in a limited number of places, and can significantly damage aquatic ecosystems.
Solar

Currently supplies approximately 0.8% of the global electricity demand. 15 - 30 Cents/kW-h Solar power has been expensive, but soon is expected to drop to as low as 3.5 cents/kW-h. Once the silicon shortage is remedied through alternative materials, a solar energy revolution is expected.

Non-Conventional, Available, Renewable Power Generation Technologies
Lowest price listed first
Method Cents/kW-h Limitations and Externalities
Tide

2 - 5 Cents/kW-h Blue Energy's tidal fence, engineered and ready for implementation, would provide a land bridge (road) while also generating electricity. Environmental impact is low. Tides are highly predictable.

Non-Conventional, Emerging, Renewable Power Generation Technologies
Lowest price listed first
Method Cents/kW-h Limitations and Externalities
Atmospheric Cold Megawatts

.03 - 1.0 Cents/kW-h Typical installation requires 1 - 2 pipelines approximately 300km in length. Endpoints are placed to maximize historical atmospheric pressure differentials. After construction is complete, however, maintenance is minimal, no raw materials are required, and no environmental externalities are produced.
Thermal Electric

3 - 15 Cents/kW-h ENECO Chip is a "solid state energy conversion/generation chip" that will convert heat directly into electricity. Is more efficient than solar and substantially cheaper. Can be applied to waste heat as well.
OTEC (Ocean Energy Thermal Conversion)

6 - 25 Cents/kW-h Presently not functioning but two plants are to be built. One (agout 1.3 megawatts) is to be started in Kona next year and the other much larger one (about 13 megawatts) is also to be built somewhere in the state later on for the military. I believe that the military spending guide lines state that there must be a reduction in expenditures for electricity over the next few years. A Breakdown of the technology by OCEES Internation, INC.

[...]

Obviously if companies can get energy that is at least 4-5 times cheaper than conventional sources (as can be garnered from the above chart compared to < $.01 khW) this would allow them to produce cheaper goods and services as well as increase their bottom line. Also, the E-CAT cold fusion reactor is highly portable and does not require the capital expenditure necessary to build, for example, a large coal or nuclear power plant. With the ability for each home or automobile to have its own cold fusion reactor powering it, a decentralized power grid is possible. Utility costs would get very cheap and individuals could even sell back the excess power generated by their cold fusion reactors at home to the big utility companies to generate a revenue stream for themselves. The possibilities are endless but new technologies such as this take time to adopt (years) and mature. For example, the 1MW power plant tested on October 28th only produces heat/steam, not electricity. Ironing out the details such as converting steam in to electricity, creating steam powered automobile engines or even tweaking the cold fusion reaction to produce electricity directly are some examples of the engineering tasks that can take years to fully develop.

Editor's Note:
My hope is that at least the word can be spread fast about this technology so that it creates public interest and demand. Once CEO's realize they can cut costs with really clean, cheap energy they will definitely want to adopt cold fusion to reduce their overhead. For technology companies such as Google or Amazon, server farms require a lot of electricity to keep running. Factories or office buildings can be heated and powered more efficiently with cold fusion heaters or generators as well. Car companies will want to develop new product lines based on cold fusion powered engines, which consumers would eagerly welcome due to cheaper operating costs and not needing to refuel for 6 months. SpaceX and Virgin Galactic will want to adopt the cold fusion technology as a power source for their rockets or space planes. Individuals will want to install reactors inside their homes to reduce utility costs and sell back electricity to power companies at a premium, etc.

Obama and Congress ARE Wall Street, Geithner IS the Federal Reserve - Now What?

2011-10-07T03:47:00.001-05:00

As Occupy Wall Street protests intensify around America, it's important to examine possible solutions.

Real change won't come by giving more power
or money to this group -- Dees Illustration

Eric Blair
Activist Post

Barack Obama and his 2008 presidential challenger John McCain both received more money from Wall Street donors than their combined lifetime government salaries. It was a billion-dollar-plus campaign. In fact, all of Congress makes more from Wall Street and corporate campaign contributions than their public salaries. It is the nature of the modern political system. And Timothy Geithner, despite cheating on his own taxes, was plucked from the New York Federal Reserve to serve as U.S. Treasury Secretary. So who can the People turn to for solutions?
...
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2011 Nobel Physics Prize winners announced

2011-10-04T23:09:00.000-05:00

Source: NHK World
Date: Tuesday, October 04, 2011 21:00 +0900 (JST)

This year's Nobel Prize in Physics has been awarded to US and Australian cosmologists for discovering the accelerating expansion of the universe.

The Nobel committee in Stockholm announced on Tuesday that the winners are Saul Pelmutter of the University of California at Berkeley, Adam Riess of Johns Hopkins University, and Brian Schmidt of the Australian National University.

They found that the universe is expanding at an ever-accelerating rate by observing light generated in supernova explosions when huge stars die.

The discovery proves that a mysterious property called dark energy increases the rate of cosmic expansion and accounts for about 70 percent of the mass-energy of the universe. This means that stars, galaxies and other substances are only a small part of the universe.

The committee says the discovery has shaken cosmology from its foundation, and that dark energy remains the greatest enigma in physics.

Italy's credit rating cut by 3 notches

2011-10-04T23:00:00.001-05:00

Source: NHK World
Date: Wednesday, October 05, 2011 10:05 +0900 (JST)
by: Ai Uchida

Major US credit rating agency Moody's downgraded Italy's sovereign debt on Tuesday as the debt crisis continues in the Eurozone.

Italy's credit rating was lowered to A2 , down 3 notches from Aa2 .

Moody's said the downgrade is due to a further worsening of the European debt crisis. It also cited concerns about whether Italy can achieve fiscal reconstruction, as proposed by the administration of Prime Minister Silvio Berlusconi.

It was only last month that another US credit rating agency, Standard and Poor's, cut Italy's sovereign debt rating. Both agencies now give the same credit rating for Italy, which is the 6th level from the top.

Moody's cutting the rating by 3 notches could cause repercussions in financial markets already battered by a postponed decision on bailout loans for Greece.

33 Conspiracy Theories That Turned Out To Be True, What Every Person Should Know... (Updated, Revised and Extended)

2011-09-30T20:57:00.000-05:00

Source: New World Order Report
By Jonathan Elinoff, New World Order Report
Click here to view other works by Jonathan Elinoff

If you enjoy this article, please check out my documentary film series, Core of Corruption.

If you haven't seen my documentary, "Core of Corruption: In the Shadows," you can watch it here. If you want to help support my work and my website so that I may continue to provide my research and entertainment, you can purchase a DVD here: CoreOfCorruption.com In the 1st installment of the film, I cover the grounds that the attacks of 9/11 had complicit parties that have not yet been charged with the crime and the United States is largely unaware of the fact that the attacks on 9/11 were the result of a much larger network of terrorists that go unnamed and are not being pursued. These terrorists include complicit figures from with powerful establishments and governments. Evidence has mounted that Saudi Arabia, Pakistan, Israel and even the United States have a small rogue element from within its intelligence community, namely the counter-intelligence community, that may have had some involvement in the financing, training or carrying out of the attacks. I know it sounds crazy at first, but watch my documentary on 9/11 and I think you will see the overwhelming evidence for this case.

After reading the article released by Cracked.com, I decided to update and revise their work. The article gave me a chuckle because it lacked many famous and much larger conspiracy theories that became known. Their article had only listed seven. I can name 33 and I am about to release a revised list soon with 75. The article I read at cracked can be viewed here, but don't waste your time, all of that is in this article and more.

Most people can't resist getting the details on the latest conspiracy theories, no matter how far-fetched they may seem. At the same time, many people quickly denounce any conspiracy theory as untrue ... and sometimes as unpatriotic or just plain ridiculous. Lets not forget all of the thousands of conspiracies out of Wall Street like Bernie Madoff and many others to commit fraud and extortion, among many crimes of conspiracy. USA Today reports that over 75% of personal ads in the paper and on craigslist are married couples posing as single for a one night affair. When someone knocks on your door to sell you a set of knives or phone cards, anything for that matter, do they have a profit motive? What is conspiracy other than just a scary way of saying “alternative agenda”? When 2 friends go to a bar and begin to plan their wingman approach on 2 girls they see at the bar, how often are they planning on lying to those girls?“ I own a small business and am in town for a short while.Oh yeah, you look beautiful.”

Conspiracy theory is a term that originally was a neutral descriptor for any claim of civil, criminal or political conspiracy. However, it has come almost exclusively to refer to any fringe theory which explains a historical or current event as the result of a secret plot by conspirators of almost superhuman power and cunning. To conspire means "to join in a secret agreement to do an unlawful or wrongful act or to use such means to accomplish a lawful end. "The term "conspiracy theory" is frequently used by scholars and in popular culture to identify secret military, banking, or political actions aimed at stealing power, money, or freedom, from "the people".

To many, conspiracy theories are just human nature. Not all people in this world are honest, hard working and forthcoming about their intentions.Certainly we can all agree on this.So how did the term “conspiracy theory” get grouped in with fiction, fantasy and folklore? Maybe that’s a conspiracy, just kidding. Or am I?

Skeptics are important in achieving an objective view of reality, however, skeptism is not the same as reinforcing the official storyline. In fact, a conspiracy theory can be argued as an alternative to the official or “mainstream” story of events. Therefore, when skeptics attempt to ridicule a conspiracy theory by using the official story as a means of proving the conspiracy wrong, in effect, they are just reinforcing the original “mainstream” view of history, and actually not being skeptical. This is not skeptism, it is just a convenient way for the establishment view of things to be seen as the correct version, all the time, every time. In fact, it is common for "hit pieces" or "debunking articles" to pick extremely fringe and not very populated conspiracy theories. This in turn makes all conspiracies on a subject matter look crazy. Skeptics magazine and Popular Mechanics, among many others, did this with 9/11. They referred to less than 10% of the many different conspiracy theories about 9/11 and picked the less popular ones, in fact, they picked the fringe, highly improbable points that only a few people make. This was used as the "final investigation" for looking into the conspiracy theories. Convenient, huh?

In fact, if one were to look into conspiracy theories, they will largely find that thinking about a conspiracy is associated with lunacy and paranoia. Some websites suggest it as an illness. It is also not surprising to see so many people on the internet writing about conspiracy theories in a condescending tone, usually with the words "kool-aid," "crack pot," or "nut job" in their articulation. This must be obvious to anyone that emotionally writing about such serious matter insults the reader more than the conspiracy theorist because there is no need to resort to this kind of behavior. It is employed often with an "expert" who will say something along the lines of, "for these conspiracies to be true, you would need hundreds if not thousands of people to be involved. It's just not conceivable."

I find it extremely odd that the assumption is on thousands of participants in a conspiracy. I, for one, find it hard to believe any conspiracy involving more than a handful of people but the fact remains that there have been conspiracies in our world, proven and not made up, that involved many hundreds of people. It's not a matter of opinion, it's a matter of fact.

One more thing to consider, have you noticed that if the conspiracy is involving powerful interests with the ability to bribe, threaten or manipulate major institutions (like the mafia, big corporations or government) then don't you find it odd when people use one of those as the "credible" counter-argument? What I mean is, if you are discussing a conspiracy about the mafia, and someone hands you a debunking article that was written by the Mafia, it doesn't seem like it would take rocket science to look at that with serious criticism and credibility. This is the case with many conspiracies. In fact, I am handed debunking pieces all the time written in many cases by the conspirators in question. Doesn't this seem odd to anybody else but me?
While intelligent cynicism certainly can be healthy, though, some of the greatest discoveries of all time were initially received (often with great vitriol) as blasphemous conspiracy theories -- think of the revelation that the earth was not the center of the universe, or that the world was not flat but actually round.

What follow are some of the most shocking modern conspiracy theories that turned out true after thorough investigation by our society. Some of them were proven through congressional hearings; others, through investigative journalism. Many, however, were just admitted to by those involved. There is a long list, of which just 33 appear below. Many of these are listed with references to original and credible news clips on the matter, as well as to documentaries.

...

Read full article here

NASA Advances Evaluation of Piantelli’s LENR Research

2011-09-30T04:05:00.000-05:00

Source: New Energy Times
Date: 9/28/2011
by: Steven B. Krivit

Multiple sources have confirmed to New Energy Times that a team comprising NASA engineers and an investment group from the U.S. is expanding its interest in the low-energy nuclear reaction research of Italian biophysicist Francesco Piantelli. A meeting with the group and representatives of Piantelli will take place in the next few days.
...
Read full article here

Editor's Note: This article addresses the Nickel-Hydrogen LENR (Low Energy Nuclear Reaction, basically "cold fusion") research of one of Andrea Rossi's contemporaries/previous research collaborators in Italy Francesco Piantelli who is also working on Ni-H cold fusion.

Pepper Spray Incident in Slow Motion #OccupyWallSt

2011-09-28T00:18:00.000-05:00

Source: MSNBC
Date: 9/27/2011

Although the corporate media is late to the punch I am glad to see them covering the pepper spray incident and other NYPD police brutality in great detail. The officer who did the pepper spray is identified as Anthony P. Bologna by anonymous who I think went too far to also disclose who the officer's family members were in addition to past civil rights complaints against the officer. Kudos to Larry O'Donnell for this good piece.

Editor's Note:There are a large number of NYPD officers who are opposed to the violence and 99 refused to show up for work in solidarity with the "Occupy Wall Street" protesters. Quoting the article Report: 100 New York Police Officers Boycott In Solidarity with Wall Street Protesters from Washington's Blog:

Are New York Police Boycotting to Protest Violence?
After New York’s finest brutalized peaceful Wall Street protesters, rumor has it that police officers are boycotting.
Occupy Wall Street notes:
Today we received unconfirmed reports that over one hundred blue collar police refused to come into work in solidarity with our movement. These numbers will grow. We are the 99 percent. You will not silence us.
But the 1% will certainly try to silence the 99%.

Police Brutalize Peaceful Wall Street Protesters

2011-09-26T04:31:00.001-05:00

Source: Washington's Blog
Date: 9/25/2011

New York Police Mace, Brutalize and Arrest Peaceful Wall Street Protesters

According to various reports, New York City Police have maced, brutalized and arrested peaceful Wall Street protesters.

Here is a video of peaceful female protesters penned in an orange mesh barricade and then allegedly maced:

Here is a protester getting pinned down with a knee on his throat:

Here is a video of a protester allegedly arrested simply for talking to an officer:

Here is a video of another incident:

There are also reports that the police have confiscated cameras and other reporting equipment, and arrested reporters.
The Wall Street Journal notes that 80 protesters were arrested.
The cover of the New York Daily News reads:

Cops smack down dozens during protests
Its Wail Street

The protesters issued a press release today stating:

A march of about 2,000 citizens marched peacefully demanding that the voice of the 99% be heard. This peaceful march called We Are the 99%, was done in solidarity with the #occupywallstreet movement. The movement is entering its second week
and is gaining momentum both locally and nationally. Many more rallies and escalating actions are planned for the coming week. The occupation will continue indefinitely.
The NYPD attacked the crowd of peaceful protesters and conducted mass arrests of marchers near Union Square with orange netting, sweeping up Reports of some injuries.
#OCCUPYWALLSTREET is a people powered movement for democracy that began in America on September 17 with an encampment in the financial district of New York City. Inspired by the Egyptian Tahrir Square uprising and the Spanish acampadas, we vow to end the monied corruption of our democracy.
#occupwallstreet is currently located at Liberty Square, formerly named Zucotti Park.

Here is the Twitter feed for the protest, and here is a livestream:

Watch live streaming video from globalrevolution at livestream.com

#OccupyWallStreet High Quality Video/Photos

2011-09-21T21:55:00.000-05:00

Source: Cryptome
Date: 9/21/2011

Occupy Wall Street - Liberty Square - 9/21/11 7:20-8:40 AM.
Photos taken at the same time:
http://cryptome.org/info/occupy-wall-st3/occupy-wall-st3.htm

@JerryBrownGov please approve AB 750 a California state-owned bank could help solve your budget woes

2011-09-19T16:29:00.000-05:00

Californians, please call up governor Jerry Brown for him to approve the study of a state-owned bank in California (AB 750). It could cut your budget deficit in half, by allowing for the state to self-finance its own infrastructure projects at 0% interest. Loans to local banks or individuals could also be at low rates, plus it would be more stable than a private bank because all of California's money and tax receipts would be deposited in the state-owned bank to back loans. Think of it as a mini-Fed for your state, except that the shareholder essentially is the taxpayer. Every year the Fed must pay its private shareholders a 6 percent dividend, with the rest of the earnings being refunded to the U.S. Treasury. Currently North Dakota is the only state with its own state-owned bank (whose charter started back in 1918), and they consistently have budget surpluses and an extremely low rate of unemployment. The financial success of N. Dakota is not just due to oil natural resources! Rather than competing with local banks, the BND has actually worked together with local banks to create greater financial stability within the state.

Following are Governor Brown's contact details:

Governor Jerry Brown
c/o State Capitol, Suite 1173
Sacramento, CA 95814

Phone: (916) 445-2841
Fax: (916) 558-3160

Email: http://gov.ca.gov/m_contact.php

Identities of JP Morgan Silver Manipulators Exposed

2011-09-18T23:18:00.001-05:00

Source: King World News
Date: 9/16/2011

Identities of people involved in the alleged JP Morgan conspiracy to manipulate the price of silver have been exposed, along with the mechanisms of the manipulation of silver. King World News was contacted two days ago by key people familiar with this situation. This was described by an individual out of London who is very familiar with the lawsuit as, “The biggest news in a long time because these are actual people who are coming out and naming names of individuals who were involved in this alleged conspiracy with JP Morgan to actively manipulate the price of silver. People may go to jail over this. JP Morgan has all barrels pointing at them as traders are named in this suit, including senior traders at JP Morgan.”
...
Read full article here

You've been robbed by a bank and you haven't the slightest clue!

2011-09-17T12:59:00.000-05:00

Source: FaceBook Notes
Date: Tuesday, September 28, 2010 at 6:56pm
by: Jeremy Sofian

Don't you love when you flip on FOX or CNBC and they have two charlatans, each with their own little screen explaining how stupid you are and how they alone understand what is presently going on in the economy. Charlatan A insists we need to cut all spending to curb the deficit and national debt or we will have "Hyperinflation" followed by charlatan B refuting that by insisting we need more economic "stimulus" packages or we will slip into a deflationary depression.

Let me be clear, charlatan A is absolutely full of shit and charlatan B is only giving you a fraction of the truth. Most likely because they themselves (Despite their Ivy League Degrees) have no idea what the hell they are talking about.

Read more »

California May Launch Public Bank, Which Could Help Take the Power To Manipulate the System Away From the Insolvent Giant Banks

2011-09-16T16:38:00.000-05:00

Source: Washington's Blog
Date: 9/16/2011

California Passes Bill to Study Public Bank

The California legislature has passed a bill to study public banking. If you don’t know what public banking is (North Dakota already has a public bank, which is helping to keep that state in the green) and why this issue is so important – read this and this for background.
This could take away the power of the giant, insolvent banks to manipulate the money system. See this and this.

Governor Brown Is On the Fence On Vetoing Or Signing … But He’s On the Fence

Ellen Brown – whose Public Banking Institute helped pass the bill – says that California governor Jerry Brown is considering vetoing the bill. Brown suggests that Californians call Governor Brown to urge him to sign the bill (AB750) into law:

Governor Jerry Brown
c/o State Capitol, Suite 1173
Sacramento, CA 95814
Phone: (916) 445-2841
Fax: (916) 558-3160
Email: http://gov.ca.gov/m_contact.php

[Editor's Note: Please see "California Legislature Passes Bill to Study State-owned Bank" by Ellen Brown for further details]

Gerald Celente: “Things Are Going to Get Much Worse…Society Is Breaking Down”

2011-09-15T14:00:00.000-05:00

Source: Yahoo Daily Ticker
Date: 9/15/2011
by: Aaron Task

The government this week reported the U.S. poverty rate has risen to 15.1%, the highest since 1993, while 22% of children are living below the poverty line. Meanwhile, average median U.S. income fell 2.3% to $49,445, roughly 7% below the 1999 peak and a level not seen since 1996 on an inflation-adjusted basis. (See: As America's Middle Class Shrinks, P&G Adopts "Hourglass" Strategy)
If you think that's bad, just listen to what trend watcher Gerald Celente has to say in the accompanying video.
"Things are going to get much worse," Celente says. "Society is breaking down on every level: socially, economically, politically and it's not just the U.S. It's worldwide."
Celente believes the globe is following a similar path to what occurred after the 1929 crash: Severe economic contraction, followed by currency wars, trade wars and, ultimately, armed conflict.
Currency wars have already started he said, citing the recent decision by the Swiss National Bank to peg the Swiss franc to the euro.
Read More »

See the E-Cat run in self-sustained mode

2011-09-15T03:26:00.000-05:00

Source: NYTeknik (Swedish technology publication)
by: Mats Lewan

Just over half an hour without external energy input. Ny Teknik assisted recently in a test where the ‘E-cat’ invented by Andrea Rossi was run in self-sustained mode.
...
Read full article here

Here's Rossi's 1 megawatt [cold fusion] plant

2011-09-15T02:34:00.000-05:00

Source: NYTeknik (Swedish science publication)
by: Mats Lewan
Here it is: the plant that according to inventor Andrea Rossi will produce one megawatt of thermal energy via an unknown reaction in his ‘energy catalyzer’. The plant is now being shipped to the United States.
...
Read full article here

Who was really behind #911?

2011-09-10T00:35:00.000-05:00

One of my favorite trading movies of all time is "Trading Places" which stars Dan Aykroyd and Eddie Murphy. The movie was produced by Aaron Russo, who also produced "Aaron Russo's Mad As Hell" and "America: Freedom to Fascism". Aaron Russo was also well known for his activism within the 9/11 truth movement, founding the Constitution Party and running for the governorship of Nevada in 1998 (which he lost), as well as having been one of the Libertarian Party presidential nominees in 2004.

If you still think that Osama bin Laden was the "mastermind" of the 9/11 attacks as is the common myth, it is especially important that you watch the following seminal interview of Aaron Russo by Infowars radio talk show host Alex Jones titled Aaron Russo: Reflections and Warnings. In this interview Aaron Russo discloses confidential information told to him by Nicholas Rockefeller, whom he had formed a close friendship with (before he knew he was essentially dancing with the devil). The charming Darth Rockefeller luckily was not able to turn Mr. Russo over to the dark side of the banking cartel. Aaron Russo's conscience and lack of psychopathic tendencies prevented him from selling out the human race for tempting business deals.
Hint: If you are short on time scroll to 25 minutes 50 seconds in to the interview, which is the spot where the bombshell is dropped.

Aaron Russo, who has since passed away from bladder cancer (RIP August 24, 2007), founded "Restore the Republic" which is now headed by his good friend Gary Franchi. Membership to the RTR.org social network is free and you get a good dose of truth and real news.

My best wishes and prayers go out to the friends and family members of 9/11 victims, the first responders (who have been excluded from the 10th anniversary ceremony this year and denied proper healthcare for a decade, as well as being subject to being screened against an FBI terrorist watch list before being eligible to receive healthcare under the 9/11 health bill), 9/11 whistle-blowers like Aaron Russo (many of whom have died mysterious deaths), 9/11 truth activists (including of course Architects & Engineers for 9/11 Truth) and all of the soldiers who volunteered to serve their country after the 9/11 attack. Unfortunately, our soldiers were lied to and told that they would be going overseas to prevent a WMD attack, fight terrorism and spread democracy [by toppling Saddam]. In reality war profiteering, stealing/controlling natural resources and imperialism have almost always been the true historical motivations for waging war. Pat Tillman realized what was really going on and sent letters home stating his intent to go public [with the fact that our troops have been ordered to guard, and even help produce and store the opium of Afghan warlords]. Many believe Mr. Tillman was murdered for this reason, although officially his death has been classified as a fratricide (friendly fire).

Honoring Heroes and Victims of 9/11 with Truth

2011-09-09T19:53:00.002-05:00

Source: Architects & Engineers for 9/11 Truth via Activist Post
Date: 9/9/2011

PURCHASE this DVD: http://www.ae911truth.net/store/
-- 9/11 TRUTH is the ultimate Anti-War message
-- Support the dedicated work of Architect, Richard Gage, AIA, and 1,600 Architects and Engineers.
-- Show the DVD to your friends and family so they know the pretext for 2 wars is based on a LIE!

Black Africans Genocided by Al-Qaeda Led Rebels in Libya

2011-09-08T12:33:00.004-05:00

Governments historically have used war propaganda (often in the form of atrocities ascribed to the targeted enemy) on their own people in order to make a case for and gain public support for going to war. A litany of lies once again was fed to us via the corporate news media in order to justify the NATO invasion of Libya. Have we forgotten that fabricated stories involving WMD (Weapons of Mass Destruction), post-9/11 anger and the good old cliche of bringing democracy to Iraq were used to manipulate us in to going to war with another sovereign country who had not attacked us?

One of the big lies told to the public via the corporate media was that black African mercenaries were being used by Gaddafi to commit genocide against the Libyan people. According to the CounterPunch article titled "The Top Ten Myths in the War Against Libya":

[...]

Patrick Cockburn summarized the functional utility of the myth of the “African mercenary” and the context in which it arose: “Since February, the insurgents, often supported by foreign powers, claimed that the battle was between Gaddafi and his family on the one side and the Libyan people on the other. Their explanation for the large pro-Gaddafi forces was that they were all mercenaries, mostly from black Africa, whose only motive was money”. As he notes, black prisoners were put on display for the media (which is a violation of the Geneva Convention), but Amnesty International later found that all the prisoners had supposedly been released since none of them were fighters, but rather were undocumented workers from Mali, Chad, and west Africa. The myth was useful for the opposition to insist that this was a war between “Gaddafi and the Libyan people,” as if he had no domestic support at all—an absolute and colossal fabrication such that one would think only little children could believe a story so fantastic. The myth is also useful for cementing the intended rupture between “the new Libya” and Pan-Africanism, realigning Libya with Europe and the “modern world” which some of the opposition so explicitly crave.

[...]

In reality, real genocide has occurred against the black Africans living in Libya by the admittedly Al-Qaeda controlled rebels. Black Libyans have been rounded up en-mass with no proof they have done anything wrong and in many cases they have been dragged from their homes and summarily executed, with the excuse being that they must be mercenaries who supposedly were used by Gaddafi to attack his own people.

Further Reading:
[1] The Top Ten Myths in the War Against Libya, MAXIMILIAN C. FORTE, CounterPunch
[2] Libya: NATO Enabling War Crimes, Tony Cartalucci, Land Destroyer Report
[3] Libyan rebels round up black Africans, Associated Press

Croatia and Iceland in Danger of Being Assimilated by EU Borg

2011-09-05T13:54:00.000-05:00

Croatia won its independence from communism in 1995, but for the last six years has been in negotiation for inclusion in to the European Union, a superstate run by the Soviet style politburo known as the European Commission. The European Commission is actually comprised of a small number of unelected, and unaccountable, cabinet members who decide on all legislation, with the EU Parliament being reduced to only an advisory rubber-stamping role (and for public spectacle). This does not exactly sound like a democracy to me and, unfortunately, the United States is moving in this direction as well with the approval of the Super Congress (also known as the Joint Special Committee on Deficit Reduction, Supercommittee or Council of 13). Although the stated intent of the Super Congress is to fast track budget cuts (and tax hikes) to deal with America's debt crisis, it sets a bad precedence and creates the potential for overreach in to other areas. The regular Congress can not propose their own legislation or amendments to the legislation decided upon by the Super Congress. They can only vote yea or nay. Does this sound familiar (hint: EU politburo)? It seems obvious to me that this is just another step forwards by the globalism fanatics who want to take us closer to their dream of a socialist one world totalitarian government (controlled by them of course). Iceland has rejected the banker bailout, and thus maintained their independence from debt bondage to the international bankers for now, but they are also in danger of being assimilated by the European Union superstate. Here is why Croatia and Iceland should not join the European Union:Sovereign nations going in to debt to the international bankers and ceding their money power over to these private interests has resulted in their downfall throughout history. If Croatia and Iceland are assimilated by the EU, allowing the ECB (European Central Bank) to control their monetary policy and money supply, then woe as them. Ireland and Greece both collapsed soon after joining the EU and the same is likely to happen to both Croatia and Iceland if they join.

Federal Reserve Banking Cartel (5 Part Series)

2011-08-27T23:34:00.001-05:00

Source: Left Hook
Date: 6/1/2011 - 6/26/2011
by: Dean Henderson

[Editor's Note: This series by Dean Henderson is extremely informative and sheds light on exactly who are the "banksters" who have wrought such mischief on humankind over the centuries.]

The Federal Reserve Cartel: Part I: The Eight Families
The Federal Reserve Cartel: Part II: The Freemason BUS & The House of Rothschild
The Federal Reserve Cartel: Part III: The Roundtable & The Illuminati
The Federal Reserve Cartel: Part IV: A Financial Parasite
The Federal Reserve Cartel: Part V: The Solution

China to allow yuan trade settlement nationwide and direct foreign investment in the yuan

2011-08-25T01:21:00.000-05:00

Source: NHK World
Date: Wednesday, August 24, 2011 11:10 +0900 (JST)

[Editor's Note: Of particular interest in the following video is that China will start allowing direct outside investment in its yuan currency in addition to facilitating international trade in the yuan. This development is part of a trend in which countries have shown a preference for transacting in their own currencies rather than the U.S. dollar, which is still the world's reserve currency (although perhaps for not much longer).]

China is expanding the use of its currency in settling cross-border trade. It will now allow businesses nationwide to settle exports and imports with the yuan.

On Tuesday, the People's Bank of China, the country's central bank, said permission for yuan-based trade settlement will now be given to all parts of the country.

This means Chinese companies, as well as trading firms overseas, can use the yuan for cross-border settlement to rein in currency risks.

Originally, in 2009, China permitted companies in just 5 cities, including Shanghai, to use the yuan for trade with Southeast Asian nations.

The government later expanded the use of its national currency for trade to 20 provincial regions and all international transactions.

China's Commerce Ministry said it will also start allowing foreign direct investment in yuan.

China is aiming to boost the status of the yuan as an international currency, amid weakening trust in the US dollar.

Remember Building 7: 10th Anniversary Ad Campaign Launches Today!

2011-08-24T17:17:00.000-05:00

Source: Architects & Engineers for 9/11 Truth
Date: Wednesday, 24 August 2011 00:00

Remember Building 7:

10th Anniversary Ad Campaign Launches Today!

with our new Mini-Documentary:

“Architects & Engineers: Solving the Mystery of WTC 7”

Dear AE911Truth Supporters,

Architects & Engineers for 9/11 Truth is pleased to announce the launch of the Remember Building 7 10th Anniversary Campaign – the most aggressive ad campaign yet. This season we are accelerating our strategic partnership with RememberBuilding7.org in order to make this 10th Anniversary a vital turning point in the pursuit of a new 9/11 investigation.

In conjunction with the Remember Building 7 Campaign, we are very proud today to also release our powerful new 15-minute mini-documentary “Architects & Engineers: Solving the Mystery of WTC 7” as the essential educational component of the new campaign and an exceptional tool for all people who want to effectively expose the fraudulent official story of WTC 7’s destruction and the explosive evidence omitted from the NIST Report. It is compellingly narrated by actor Ed Asner and features a stellar lineup of AE911Truth experts including structural engineers, chemical engineers, physicists and others.

See it in context at RememberBuilding7.org and get inspired to do your part in the campaign by forwarding this Action Alert to everyone you know! And be sure to make your pledge to the 10th Anniversary Ad Campaign today. See below for the exciting campaign details.

As always, thank you for your tremendous support!

Sincerely,

Richard Gage, AIA
and the AE911Truth Volunteer Team

Moody's downgrades Japan's debt rating to Aa3 from Aa2

2011-08-23T23:45:00.000-05:00

Source: NHK World
Date: 8/23/2011 (Wednesday, August 24, 2011 10:22 +0900 (JST))

US credit agency Moody's Investors Service has downgraded Japan's debt by one notch, on concerns over the country's worsening fiscal situation.

Moody's cut Japan's government bond rating on Wednesday to "Double A 3" from "Double A 2".
The new rating ranks Japanese debt at the same level as that of countries like China and Chile.

The agency says it made the downgrade because the effects of the March disaster and resulting power shortages are slowing Japan's economic growth.

It added that the country has failed to hammer out viable plans for reforming its social security and tax system.

Without a clear direction, Moody's says, Japan's economy will deteriorate further.

But the agency notes that Japan has the largest external assets among advanced economies. It says the country will continue to win the trust of the market as long as it manages to improve its fiscal condition.

On the downgrade, Japan's Finance Minister Yoshihiko Noda said he will not comment on a private-sector agency's assessment. But he said that going by recent bond auctions, the market's trust in Japanese government bonds remains firm.

M5.9 earthquake causes North Anna Nuclear Generating Station shutdown

2011-08-23T16:20:00.001-05:00

CNBC (host Bill Griffith) reports that the North Anna Nuclear Generating Station has shutdown automatically due to the magnitude 5.9 earthquake with its epicenter at Mineral, Virginia. The nuclear power plant is located about 10 miles Northeast of the epicenter of the quake and is running on backup diesel generators (presumably after losing external power!) per CNBC host Mandy Drury. Dominion Resources stock took a hit after the quake, which CNBC host Brian Sullivan mulls over. Was it a pre-packaged black box algorithm? I have parsed together some video clips of the CNBC coverage with the relevant sound bytes related to the nuclear plant.

Click here for USGS Report.
Map

View Live Ustream Radiation Detectors in a larger map

For addition general earthquake footage:

Street Signs CNBC covers the M5.9 earthquake with its epicenter at Mineral, Virginia. The quake was first reported as a 5.8, revised to 6.0 and back down to 5.9 by the USGS. According to CNBC, the Capitol Building in Washington D.C. was evacuated as well as the Pentagon. The NYSE was NOT evacuated. Although they report the Nymex was evacuated, actually they revised the report to indicate the Nymex was not an official evacuation rather just suggested. Annecdotal reports indicate the quake was felt as far North as Toronto and even felt in Illinois. Here where I live (a Chicago suburb) we did not feel anything. Probably the most important information to be garnered is that the earthquake caused the North Anna Nuclear Generating Station 10 miles away from the epicenter of the quake to be shut down automatically. The latest report is that the nuke plant is running on backup diesel generators, having lost external power.

Matt Taibbi: "Is the SEC Covering Up Wall Street Crimes?"

2011-08-23T12:43:00.001-05:00

Source: Democracy Now!
Date: 8/23/2011 upload date

Here is a recent Democracy Now! interview with Matt Taibbi of Rolling Stone Magazine, who coined the term "vampire squid" in reference to the now infamous investment bank Goldman Sachs, regarding his article "Is the SEC Covering Up Wall Street Crimes?".

Editor's Note: The shredding going on at the SEC reminds me of WTC 7 (World Trade Center 7) which collapsed in on its own footprint at free-fall speed despite not having suffered a direct hit by any airplanes on 9/11/2001. According to the article "Document Chaos Isn't Sorted Out" from The Street:

[...]
Maybe no financial institution lost more critical documents than the Securities and Exchange Commission, which had its New York regional office at 7 World Trade Center. While the regulatory agency was fortunate in that it lost no employees in the terror attacks, it suffered setbacks in a number of long-running securities investigations.

In August, defense lawyers for several former executives of Rite Aid(RAD_), who've been charged by the SEC with fraud and obstruction of justice, filed a motion seeking a delay in the trial, claiming some of the documents gathered by the SEC had been lost in the attack. SEC attorneys contend many of the original copies of those documents still exist at other locations but acknowledge it will take time to reconstruct all the evidence in the case.

The SEC says the main problem it encountered was that an index for the documents in the Rite Aid case was destroyed in the attack -- not necessarily the documents themselves.

A similar reconstruction of evidence had to take place in a decade-old insider trading case against several former executives of Motel 6, a chain of low-cost motels. The SEC settled the case against the remaining defendants in June. But before that could occur, it had to obtain a court order directing the lawyers for some of the defendants to assist the SEC in reconstructing files "that were destroyed due to the events of Sept. 11, 2001."

In the Motel 6 case, the four remaining defendants, without admitting or denying the insider-trading charges, entered into a settlement with the SEC in which they agreed to pay fines and penalties totaling $798,000. In all, the 10-year case netted $6.36 million in fines, penalties and disgorged profits for the SEC.

SEC officials won't discuss how many cases may have been impacted by the terror attacks, but they claim the lost information was limited to two weeks' worth of data stored on the agency's computers that hadn't yet been backed up.

But it's clear from talking to securities lawyers who practice before the SEC that things haven't gone as smoothly as the agency would like the public to believe.

"Regardless of what the regulators say, they lost a ton of files," says Bill Singer, a New York securities lawyer, who says one case he had pending before the SEC quickly settled because so many of the original documents were destroyed. "In my opinion it was a wholesale loss of documents."
[...]

Jim Cramer makes shocking statement about Illuminati and Trilateral Commission

2011-08-21T23:30:00.002-05:00

Near the end of the following video clip, Cramer says, "The Bavarian Illuminati, Trilateral Commission, Goldman Sachs and the Queen of England are not all bad."

I was stunned, and what Cramer said back then in 2010 has haunted me to this day so I finally decided to make a permanent archive of the amazing statement.

In the full CNBC video segment which was uploaded 1/27/2010, Cramer has high praise for Ben Bernanke, Hank Paulson and Timothy Geithner: heroes to few villains to many.

Rick Perry Caught on Tape Being Greased by Bank of America

2011-08-19T20:03:00.004-05:00

Source: RT News
Date: 8/19/2011
by: Lauren Lyster

The banking system has been scrutinized many times for its involvement influencing US policy. Many wonder how much power these bankers have over America. Once such instance involving presidential hopeful, Rick Perry, was caught on video and some say proves how shady the banking system really is.

Editor's Note: Here is another one with the Bank of America guy and Rick Perry.

Both ZeroHedge and Business Insider have picked up on the story as well. ZeroHedge feels that the the Bank of America guy is James Mahoney, Director of Public Policy, Bank of America. Click here for the ZeroHedge article. Click here for the Business Insider article.

Titanic Battle or Insider Trading? The S&P Downgrade and the Bilderbergers: All Part of the Plan?

2011-08-18T16:14:00.000-05:00

Source: Global Research
Date: 8/18/2011
by: Ellen Brown



Global Research, August 18, 2011
Web of Debt

What just happened in the stock market?

Last week, the Dow Jones Industrial Average rose or fell by at least 400 points for four straight days, a stock market first.

The worst drop was on Monday, 8-8-11, when the Dow plunged 624 points. Monday was the first day of trading after US Treasury bonds were downgraded from AAA to AA+ by Standard and Poor’s.

But the roller coaster actually began on Tuesday, 8-2-11, the day after the last-minute deal to raise the U.S. debt ceiling -- a deal that was supposed to avoid the downgrade that happened anyway five days later. The Dow changed directions for eight consecutive trading sessions after that, another first.

The volatility was unprecedented, leaving analysts at a loss to explain it. High frequency program trading no doubt added to the wild swings, but why the daily reversals? Why didn’t the market head down and just keep going, as it did in September 2008?

The plunge on 8-8-11 was the worst since 2008 and the sixth largest stock market crash ever. According to Der Spiegel, one of the most widely read periodicals in Europe:

Many economists have been pointing out that last week's panic resembled the fear that swept financial markets after the collapse of US investment bank Lehman Brothers in September 2008.

Then as now, banks stopped lending each other money. Then as now, banks' cash deposits at the central bank doubled within days.

But on Tuesday, August 9, the market gained more points from its low than it lost on Monday. Why? A tug of war seemed to be going on between two titanic forces, one bent on crashing the market, the other on propping it up.
...
Read full article here

World Gold Council 2011 Q2 Gold Demand Trends Report

2011-08-18T11:10:00.000-05:00

Source: CNBC, World Gold Council
Date: 8/18/2011

The World Gold Council's Gold Demand Trends Report was just released this morning. Bob Pisani of CNBC interviews the Managing Director of Investments from the World Gold Council Marcus Grubb concerning gold and trends.

The report is available here from the World Gold Council website.

Market in Death Cross Mode: Stay on the Sidelines Says Louise Yamada

2011-08-16T21:43:00.000-05:00

Source: BREAKOUT
Date: 8/16/2011
by: Jeff Macke

Fast markets are emotional markets. In case you had any doubt on that, I would refer you to the comment section of Breakout stories from last Wednesday when bears ruled the roost, and the comments from yesterday when the dominant theme was the impossibility of "timing the market" (by, say, opining that stocks had hit a near-term bottom at 1,100).
As one who seeks to learn about all investing strategies, even the weird ones, I suggest a truce so that we may take a deep breath and take a fresh look at the market's fundamental and technical field position. The fundies are atypically rather easy: Corporate earnings are quite strong and the macro data is dropping off a cliff.
Now for the technicals.
To help us on the chart-front, Breakout called in Louise Yamada, Director of Louise Yamada Technical Research Advisers. I make no bones about my respect and admiration for Louise. I've followed her work for years and she's made me money. Is she always right? Of course not, nobody is. But she's far better than most and errs on the side of preserving capital rather than trading on hope. Good technicians aren't about catching tops or bottoms, they're about catching the "meat" of a move.
All that said, let's get her opinions:
...
Read full article here

Corporate media tries to make Ron Paul invisible via Jedi mind trick

2011-08-16T16:16:00.000-05:00

Source: The Daily Show via RTR.org
Date: 8/15/2011
by: Jon Stewart

Jon Stewart of the Daily Show points out the establishment propagandists', erm I mean corporate media's, attempt to marginalize Ron Paul's popularity by suggesting he is not electable, not relevant and by pretending he does not exist by omission. Perhaps the talking heads need to go back to Langley, VA to take some remedial Project Mockingbird psyop courses. If comedians mock you Project Mockingbird rejects, it means you have FAILED.

Louise Yamada sees $5200 gold by 2018

2011-08-16T13:44:00.002-05:00

Source: CNBC Power Lunch
Date: 8/16/2011

On CNBC's Power Lunch, Michelle Caruso-Cabrera and Tyler Mathesen interview one of the world's most respected technical analysts Louise Yamada concerning the direction of gold. Ms. Yamada sees a near term target of $2000 and $5200 by 2018 based on parallel channel lines drawn as far back as 1970.

INFOWARS SPECIAL REPORT: Globalists’ Extermination List Exposed

2011-08-13T22:58:00.004-05:00

Source: Infowars.com
Date: August 12, 2011
by: Aaron Dykes

In a Special Infowars Report, researcher Aaron Dykes exposes the global population database apparatus used by eugenicists to target populations for reduced births, soft kill and extermination. From the IBM-developed Hollerith punchcards used in the 1890 U.S. census, to race-mixing studies for Cold Springs Harbor and concentration camps in Rockefeller-funded Nazi Germany, eugenicists have long tabulated vital statistics in order to attack subtly and with precision.

Now they are targeting our food supplies, water, air and environment in attempt to shut off our future. How will elites utilize the human genome code, blood samples and DNA they’ve spent decades compiling? Why do foundations of the rich spend so much on the 3rd World population reduction? Aaron Dykes reports on the New World Order’s obsession with eugenics and population control.

Editor's Note: Below is a screen grab from the above special report of the tax exempt foundations who have given substantial sums of money for population control.

Open Society Institute is George Soros' foundation. Let's not forget to include Neo-Malthusian Warren Buffet in the billionaire eugenics club either. The Buffet Foundation is not shown in the screen grab, so I thought I should make a special footnote. According to the Population Research Institute:

...
Web sites and magazines devoted to money matters idolize Warren Buffet as a financial and investment genius. The “Buffet Way” of investment is emulated the world over.

Despite his wealth, however, Buffet is something of a miser. Unlike Gates, who has put billions of dollars into his foundation, Buffet’s foundation is a repository of a meager $22 million. Where Buffet eclipses Gates is in his fanatical commitment to population control.

Indeed, Buffet’s foundation is known for funding projects that other foundations, even those similarly inclined to limit human numbers, will not touch. The controversial abortion drug, RU-486, was in part funded by Buffet, who provided $2 million to the Population Council, the chief U.S. promoter of the deadly drug’s legalization.

Another $2 million went to Family Health International for the development of quinacrine hydrochloride pills, which once inserted into a woman’s uterus causes a severe chemical burn that scars shut her fallopian tubes, thus rendering her sterile. Quinacrine sterilization has become a favored method of sterilizing minorities by the Vietnamese government, not known for its strict observance of human rights.
...

Antimatter Found Orbiting Earth—A First

2011-08-13T12:53:00.000-05:00

Source: National Geographic News
Date: 8/10/2011
by: Ker Than

Handful of particles trapped by planet's natural magnetism, study says.

A painting of Earth's magnetic field (white arrows) depicts the Van Allen radiation belts (orange) being hit by incoming cosmic rays.

Illustration from Corbis

Earth is wearing a thin antimatter belt, according to new data that revealed antiprotons trapped high above the planet.
...
Read full article here

Amazon Founder invests in Canadian Fusion Venture

2011-08-13T00:22:00.002-05:00

Source: Cold Fusion - Rossi
Date: 8/12/2011
American billionaire, Jeff Bezos, the man behind Amazon.com has reportedly invested in a Canadian company that is trying to develop a cold fusion process that uses hydrogen and seawater. General Fusion based in Vancouver, British Columbia, reportedly raised $19.5 million in venture capital for the development of a cold fusion or Low Energy Nuclear Reaction process in May. Part of this money apparently came from Bezos’ company Bezos Expeditions.

Jeff Bezos

The funds will be used to finance the building of a plant to demonstrate General Fusion’s cold fusion process. The funds come from a variety of American and Canadian venture capital firms including Bezos Expeditions and the Development Bank of Canada.

Read the full post

All is Not Well in Cold Fusion Land

2011-08-10T02:47:00.000-05:00

Andrea Rossi, inventor of the E-CAT (energy catalyzer) technology that enables Ni-H (Nickel-Hydrogen) cold fusion, has split with Defkalion Green Technologies. Defkalion Green Technologies is a Greek company that has claimed it has working devices based on Rossi's E-CAT power source tested by both themselves and the Greek government.

Essentially what has happened within the past several days is that Andrea Rossi has accused Defkalion, a licensee of his E-CAT technology, of failing to meet their financial contractual obligations to him and has terminated his partnership with them. More disturbing is that Rossi has stated publicly that he has never disclosed the secret of his E-CAT device to Defkalion. If Rossi is telling the truth, this suggests that claims Defkalion has created working devices based on the E-CAT which have already been tested by the Greek government are false.

What we do know for sure is that someone is lying, either Andrea Rossi or Defkalion Green Technologies representatives.

Andrea Rossi is continuing his relationship with the American partner Ampenergo.

This rift between Rossi and Defkalion is really bad publicity for cold fusion, or other similar LENR (Low Energy Nuclear Reaction) technologies, which already have a credibility problem with mainstream science. I am sure skeptics will descend upon this latest development like a school of sharks.

For further reading see:
Press Release: Rossi Terminates Relationship with Defkalion Green Technologies, Will Not Build E-Cats in Greece
Rossi Gives Reason for Split from Defkalion; Repeats Accusation

There is a five part series of articles on the PESN (Pure Energy Systems) site whose links are available from the second article above.

Kathy Lien: "Very good possibility we could see co-ordinated intervention this coming week"

2011-08-08T22:18:00.000-05:00

Source: ABC (Australian Broadcasting Network)
Date: August 09, 2011 09:50:00 (AST)
by: Kathy Lien interviewed by Ticky Fullterton

Hint: Click CC button for English subtitles
Kathy Lien's interview with ABC (Australian Broadcasting Network) concerning the recent Standard and Poor's downgrade of the U.S. and its affect on currencies, including the Australian dollar. Of note is that Kathy thinks there is a strong possibility of some sort of coordinated intervention this week by the G-7 or otherwise, as well as the likelihood of future SNB (Swiss National Bank) and BOJ (Bank of Japan) intervention to weaken their respective currencies, as happened last week. Also watch the Fed language closely tomorrow during the FOMC meeting at 2:15 EST.

8/8/2011 Keep your eye on POTUS LFBC despite market turmoil

2011-08-08T02:14:00.000-05:00

Another disaster waiting to happen besides the S&P downgrade of the U.S. sovereign credit rating is that today (Monday August 8, 2011) experts will pounce upon the Hawaii Department of Health at 10 A.M. after having obtained a subpoena from the U.S. District Court to examine President Obama's LFBC (Long Form Birth Certificate). The White House appears to have posted a bad mock-up LFBC for the public which computer graphics experts and numerous others say is a forgery. There have not really been any valid expert defenses of the LFBC which was posted by the White House back on April 27, 2011. Imagine what would happen if this led to impeachment proceedings. Perhaps kiss the dollar and S&P500 bu-bye? For a screen grab of the subpoena and further details see the WND (World Net Daily) article "CERTIFIGATE: The birth certificate please! Subpoena to be delivered".

Why Gold and Silver Prices Will More than Double Again Even From Current Prices

2011-08-07T17:37:00.000-05:00

Source: SmartKnowledgeU via GATA
Date: 8/4/2011
by: J.S. Kim

Those that are familiar with my writings about gold and silver for the last six years know that I have said gold was cheap at $500, $600, $700, $800, $1000 and $1,200 a troy ounce and know that I have said silver was cheap at $11, $12, $14, $16, $25, and $30 a troy ounce. Today, I will reiterate that gold is still cheap in the $1500 to $1600 range and that silver is still cheap in the $40 range because the largest movements in gold and silver prices as well as gold and silver mining stocks have still not happened and will materialize over the next four to five years. Again, this doesn’t mean that gold and silver can’t or won’t correct or consolidate again in the future because both PMs always do. I have written publicly so much about this topic over the years (and even in much greater depth to my subscribing members) because I truly believe it is insanity not to participate in one of the best ways to invest in gold and silver today – the ownership of physical gold and physical silver.

Hundreds of millions of investors worldwide, influenced by the propaganda of Western bankers, have consciously made poor decisions not to own a single ounce of physical gold and physical silver today. One of the first realities an investor must understand about the gold and silver market is that the Economics 101 concept of price being set by physical supply and physical demand is an utter lie. In today’s world of banking and financial industry lies, the price of gold and silver are NOT set by the physical demand and physical supply of either of these metals, but rather by the artificial supply and demand of paper contracts predominantly backed by no physical metal.

By now, the following facts are very well known by seasoned physical gold and physical silver buyers but likely still unknown to the average investor worldwide. A CPM Group document released in the year 2000 stated, “With the start of the London Bullion Market Association’s release of monthly trading data, the market has become aware that 100 times more gold and silver trade hands each year, just in the major markets, than is produced or used. Some market participants have wondered aloud how 10 billion ounces of gold could trade via the major markets each year, compared to 120 million ounces of total supply and demand, while roughly 100 billion ounces of silver change hands, compared to around 628 million ounces of new supply.” Thus, one can see that the fraud perpetrated by bullion banks in the silver futures market exceeds even the fraud they commit in the gold futures markets. Take the figures provided above, and a quick calculation reveals that bankers were trading nearly 160 times of paper ounces of silver every year than the annual physical supply of silver mined from the earth.

However, break down these numbers even more and the fraud becomes even more astounding. While in 2000, about 628 million ounces of new supply of physical silver came to market, in 2010, mine production of new silver supply was slightly higher at 735.9 million ounces. Net government sales accounted for another 44.8 million ounces, old silver scrap provided an additional 215 million ounces, and producer hedging accounted for the final 61.1 million ounces. Thus a total annual supply of roughly 1 billion ounces of silver existed in 2010. However, industrial usage, photography and jewelry used up nearly 78% of the one billion ounces of physical silver supply in 2010 and left less than 100 million ounces available for minting in the form of silver coins. (Source: The Silver Institute). Despite this tightness of new investment silver supply, there have been days in recent months when more than 250 million ounces of paper silver traded on the COMEX in less than one minute! During the times ridiculous volumes of paper silver were trading on the COMEX, usually the price of silver was plummeting in intra-day trading. Thus, bankers were clearly using this massive artificial supply of paper silver contracts to knock down prices. On top of this fraud, bankers have stretched the landscape of imaginary supply of gold and silver with their introduction of the gold ETF, the GLD, and the silver ETF, the SLV, both of which started trading in 2006. Both the GLD and SLV are highly suspect, likely fraudulent vehicles that probably are either (1) only partially backed by physical gold and physical silver and/or (2) respectively backed by unallocated physical gold/silver that have multiple claims upon them. Again, fraudulent derivative paper gold and paper silver products create a perception of increased supply even when there is no REAL increase in the underlying physical supply or even at times when physical supply is shrinking. Bankers have created this mechanism specifically to suppress the price of gold and silver and to keep their Ponzi fiat currency scheme alive – a scheme that they utilize every single day to silently steal wealth from every citizen on this planet.

I have heard the criticisms levied against Eric Sprott and James Turk regarding their pro-silver and pro-gold stance in that they are just selling their books as PM fund managers and bullion dealers. However, I believe these criticisms to be patently unfair. I don’t believe that either Mr. Sprott or Mr. Turk are so enthusiastic about the future prospects of gold and silver returns because they just want to “talk their books”. Rather, I believe that they are so enthusiastic due to their deeper level of understanding about PM markets than the average retail investor and the vast majority of uneducated commercial investment industry advisers. Furthermore, I’ve been one of the most passionate supporters of gold and silver for the last decade and I have never acted as a bullion dealer, have never received any commissions from any sales of mining stocks, and have never accepted a single cent from any mining company to provide coverage of their company to my subscribing members though I have been approached many times to do so over the years.

To illustrate the level of misunderstanding that still exists about gold and silver prices, here’s one piece of investment “advice” that landed in my email inbox on August 16, 2008: “The barbarous relic – gold – is another good choice, usually. But gold has already appreciated from just over $300 an ounce six years ago to almost $900 today. It could be a little late.” This adviser went on to push stocks and confidently declared that stocks would be the “big winner” once again over the next several years. From August 16, 2008 until today, the S&P 500 has lost 2.92% while gold has risen +111.33% and silver, +284.47%. Stocks, the big winner? I think not. But selling stocks is the big bread and butter money winner of most commercial investment advisers so that is the primary reason why they overwhelmingly always push their clients into purchasing stocks as opposed to the real big winner of precious metals. I recall reading a newspaper article several years ago from a financial adviser in Florida that claimed she was proud of convincing here clients NOT to buy gold at $800 an ounce because the gold price was too expensive and that it was her duty to protect her clients against their own foolish impulses. On November 8, 2007, thousands of people that subscribe to my free newsletter read the following statements from me:

“So with gold over $800 an ounce, is it still cheap? Emphatically yes, and here’s why. I’m not really sure how all the ‘Gold at 27-year high’ headlines came to be, but… if we experience a correction any time soon, and gold breaks back down to the $720 level again before continuing higher, it will just be really cheap. Here’s why. Anyone that’s ever studied the formula that is used to calculate the Consumer Price Index(CPI) in the U.S. knows that the formula has been greatly tinkered with over the years to produce absurdly low inflation numbers that are merely an artificially manufactured number that probably fits some pre-determined number the government would like to report.”

So back then, even with gold trading at $800 an ounce, the banker-owned and controlled media in the Western world was filled with stories about an imminent “gold bubble” collapse because gold was at a “27-year high.” It’s important to review history from time to time to be reminded how easily you may have accepted patently absurd proclamations about gold and silver prices in order to avoid falling victim to the same banker-originated and banker-spread propaganda today. The reason I have been overly passionate about gold and silver for years and still am today is because it takes great passion to overcome the widespread ignorance and deceit spread by the commercial investment industry to their clients about gold and silver.

Let’s see how things have panned out in the stocks versus PM investment game over the past few years. From the launch of my Crisis Investment Opportunities newsletter on June 15, 2007 until July 25, 2010, in a little over four years, my newsletter has returned a cumulative profit of +211.49%. Over the same investment period, the S&P500, the FTSE100, the ASX200, and top 5 ETF iShares Dow Jones EPAC Select Dividend Fund have respectively returned -21.39%, -11.99%, -26.51%, and -2.69%. Furthermore, during the next four year period, from 2011 to 2015, I truly believe that an attainable goal for my Crisis Investment Opportunities newsletter is to double or even triple my previous four-year cumulative returns, simply due to the following three reasons:

(1) Western bankers are increasingly losing control over the price suppression schemes they have enacted against gold and silver through their creation of bogus paper derivatives;
(2) The conditions that have lead to Euro and US dollar devaluation are worse today than they were 10 years ago and no underlying fundamental problem of the 2008 financial crisis has been adequately addressed as of today; and
(3) The percentage of people that have the amount of faith I hold in gold and silver to produce superior returns around the world is still minute.
Thus, once the average Dick and Jane retail investor finally believe in the facts surrounding gold and silver versus the garbage propaganda disseminated by crooked bankers and ignorant advisers, the price of gold/silver and PM stocks will finally experience a truly parabolic rise.

Once a small percentage of retail investors worldwide, or even just a small percentage of retail investors in a densely populated country like China, finally realize that bankers have created insane massive paper supplies of artificial gold and silver backed by nothing but air and are consequently moved to purchase their first troy ounce of pure gold and/or pure silver, this very small action will exert tremendous upward pressure on the price of gold and silver. And once this happens, I hope that you will have already secured your physical reserves of gold and silver because it is then that PM prices will truly go ballistic.

About the author: In 2005, JS Kim walked away from the immorality of Wall Street to form his own fiercely independent investment research & consulting firm, SmartKnowledgeU. Freed from the deceit and massive restrictions of the commercial investment industry, JS has been guiding clients towards significant profitability ever since. Currently, JS is working on completing two short books that explain the fraud of the modern banking system in simple terms and plans to donate 100% of all profits from these books to orphanages in S. Africa, Vietnam, and Thailand. Visit us at http://www.smartknowledgeu.com to be informed of their release andFollow us on Twitter.
Republishing Rights: This article may be reprinted as long as the author acknowledgment and all text and links remain intact above. We have noticed that other sites have recently reprinted our articles with no author acknowledgment and in violation of our republishing guidelines. We will ask all sites to cease printing any of our articles that do not abide by our republishing rules. Thank you.

U.S. Downgraded to AA+ from AAA by Standard and Poors

2011-08-06T14:30:00.005-05:00

The sovereign credit rating downgrade of the United States from AAA to AA+ by Standard and Poors was expected since the ratings agency was looking for 4 trillion worth of budget cuts and only 2.4 trillion worth of (dubious) budget "cuts" were presented over a 10 year period. In the following video Bill Gross, co-founder and co-CIO of PIMCO tells CNBC back on August 2, 2011 that theoretically the downgrade should occur, but that he did not know if Standard and Poors would have the courage to follow through with the ratings downgrade.

Bill Gross: "It is a close call on whether or not they [Standard and Poors] have the spine to follow through with their 4 trillion dollar number."

Apparently Standard and Poors did follow through with the downgrade even though they made a $2 trillion math error in their calculations, which was pointed out to them by the U.S. Treasury, whom S&P notified first before the downgrade press release.

The European market was closed when the ratings downgrade announcement was issued Friday, but according to RT News, the Eurozone leaders are not happy about it:

In a breaking news release from Business Insider, the Treasury questions S&P rating agency's integrity over the downgrade:

Independent of this [$2 trillion math] error, there is no justifiable rationale for downgrading the debt of the United States. There are millions of investors around the globe that trade Treasury securities. They assess our creditworthiness every minute of every day, and their collective judgment is that the U.S. has the means and political will to make good on its obligations. The magnitude of this mistake – and the haste with which S&P changed its principal rationale for action when presented with this error – raise fundamental questions about the credibility and integrity of S&P’s ratings action.

Don't be fooled by the polite language, the U.S. Treasury is hopping mad as well.

Nobel Physicist Invited to Test 1MW Plant

2011-08-02T22:38:00.000-05:00

Source: Independent E-Cat News
Date: 7/30/2011

Brian Josephson, the Nobel Prize-winning physicist, asked a question on Andrea Rossi’s blog about the quality of the 1MW demonstration in October. He has been a defender of true research in the LENR field, frequently challenging debunkers to back up their objections with logic instead of repeating the same one-sided attacks so often a signature of pseudosceptics. In answer, Rossi invited him to the test. I am assuming that the question did come from Josephson but there is no doubt that the invite is real:

Brian Josephson
July 30th, 2011 at 4:17 AM

October demo
Andrea,

You’ve said the 1MW E-cat due in October will be the real test, but in what way will it be more convincing than the ones done so far? Will it be done in such a way that people are sure about the amount of water/steam coming out of the reactor, and how dry the steam is (which affects the heat content)?

Andrea Rossi
July 30th, 2011 at 6:11 AM

Dear Prof. Brian Josephson (Nobel Prize),
First of all, thank you for your very important attention.
Please read very carefully what I am writing to you:
1-The 1 MW plant that we will start up in October will be tested, on behalf of our Customer, by very, very high level world class scientists. You are in the list, so please, if you want and you can, take free the last week of October.
2- The test will be witnessed by several very, very high level world class scientific journalists
3- The E-Cats we are working with now in our factories, which will be the modules of the 1 MW plant, are producing perfectly dry steam, mostly without energy input, as you will see yourself if you will honour us with your presence.
Very Warm Regards,
Andrea Rossi

Done properly (and it will have to be), this public launch should provide enough proof for potential customers. At that point, and not before (no matter who calls for it) we will have some certainty about what happens next. If the launch is also attended by senior science correspondents, this is also the time we should see the story break – one way or another, depending on results. As so many people have said before, proving such a beast will not be hard and the time for preparation should help arm those like Brian Josephson (assuming he accepts) to be ready to give us a definitive ‘yes’ or ‘no’.

Is Debt Ceiling Crisis Being Used to Undermine our Checks and Balances via the "Super Congress"?

2011-08-02T12:24:00.002-05:00

Many fear that the debt ceiling crisis may be used as an excuse to sneak in a Trojan horse of totalitarianism called the "Super Congress" or "Council of 13". Essentially, this is an unconstitutional governmental construct which circumvents our normal system of checks and balances. Six members taken from the Senate and House will decide on legislation with the President as the last (thirteenth) member holding veto power. Congress can vote Yay or Nay on legislation presented to them without the ability to make amendments or filibuster. If no decision is able to be reached on the legislation, budget cuts (decided on before-hands) automatically go in to effect. This seems sickeningly similar to the European Union's governance system by which an unelected body of 17 individuals known as "The European Commission" decides all legislation, with the EU Parliament relegated to only an advisory role. (See the "Britain on the Brink" documentary for more information on the European Union).

Here is a special report by Aaron Dykes of Infowars:

Apparently the Infowars team has been burning the midnight oil to get the word out on this issue because they feel it is a highly dangerous and important development. See here and here and here for Alex Jones' late night rants on the Super Congress.

The Super Congress has been sold to the public as a way to fast track legislation as related to budget cuts to deal with the debt ceiling crisis. However, often evil comes disguised in good intentions and euphemisms. For example, the "Patriot Act" (in my view) actually ended up being a quite onerous monstrosity which stomps all over our Bill of Rights and Constitution. Something which takes away our rights and is unconstitutional is not "patriotic". We will have to monitor this development closely to see if the Super Congress is really a euphemism for "Super Dictatorship". If the Super Congress (Council of 13) really overreaches its powers to implement the U.N. Small Arms Treaty and crack down on Americans' second amendment (gun ownership) rights, as Aaron Dykes of Infowars suggests, that would be the ultimate confirmation that we have indeed entered total tyranny.

For further details on the Super Congress read here.

(Video) The World According To Monsanto

2011-07-31T05:18:00.001-05:00

There's nothing they are leaving untouched: the mustard, the okra, the bringe oil, the rice, the cauliflower. Once they have established the norm: that seed can be owned as their property, royalties can be collected. We will depend on them for every seed we grow of every crop we grow. If they control seed, they control food, they know it -- it's strategic. It's more powerful than bombs. It's more powerful than guns. This is the best way to control the populations of the world. The story starts in the White House, where Monsanto often got its way by exerting disproportionate influence over policymakers via the "revolving door". One example is Michael Taylor, who worked for Monsanto as an attorney before being appointed as deputy commissioner of the US Food and Drug Administration (FDA) in 1991. While at the FDA, the authority that deals with all US food approvals, Taylor made crucial decisions that led to the approval of GE foods and crops. Then he returned to Monsanto, becoming the company's vice president for public policy.

Thanks to these intimate links between Monsanto and government agencies, the US adopted GE foods and crops without proper testing, without consumer labeling and in spite of serious questions hanging over their safety. Not coincidentally, Monsanto supplies 90 percent of the GE seeds used by the US market. Monsanto's long arm stretched so far that, in the early nineties, the US Food and Drugs Agency even ignored warnings of their own scientists, who were cautioning that GE crops could cause negative health effects. Other tactics the company uses to stifle concerns about their products include misleading advertising, bribery and concealing scientific evidence.

Rossi's Self Sustaining One Megawatt Reactor

2011-07-28T23:20:00.002-05:00

Source: Pure Energy Systems
Date: July 21, 2011
by: Hank Mills

This photo was taken during the stress test of a series of E-Cats recently. They are some of the E-Cats that will comprise the 1 MW plant. Greek scientist, Christos Stremmenos, is in the center. Prof. Sergio Focardi is shown on the left; and Andrea Rossi is on the right.

Almost everyone in the alternative energy community is aware of Andrea Rossi's cold fusion based E-Cat (Energy Catalyzer) technology. It is a game changer that allows vast amounts of energy to be produced by inducing a nuclear fusion process between small quantities of nickel powder and hydrogen gas. Instead of the reaction taking place in a gigantic multi-billion dollar experimental reactor, it takes place in a device that can fit on a table top. This technology seems to be everything to be hoped for in a revolutionary new source of energy to replace fossil fuels -- safe, cheap, environmentally friendly, and inexhaustible.

In recent days, even more news has emerged about this technology. It seems that as the launch of the technology approaches, the flow of information is accelerating. The information is coming from Defkalion Green Technologies Incorporated, Andrea Rossi himself, and from other sources. The following is a review of some of the breaking news.
...
Read full article here

Why QE2 Failed: The Money All Went Overseas

2011-07-28T22:55:00.000-05:00

Source: Huffington Post: Business
Date: 7/11/11 10:42 AM ET
by: Ellen Brown

On June 30, QE2 ended with a whimper. The Fed's second round of "quantitative easing" involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got the money, which went straight into the reserve accounts of banks, where it still sits today. Worse, it went into the reserve accounts of foreign banks, on which the Federal Reserve is now paying 0.25-percent interest.

Before QE2 there was QE1, in which the Fed bought $1.25 trillion in mortgage-backed securities from the banks. This money, too, remains in bank reserve accounts collecting interest and dust. The Fed reports that the accumulated excess reserves of depository institutions now total nearly $1.6 trillion.

Interestingly, $1.6 trillion is also the size of the federal deficit -- a deficit so large that some members of Congress are threatening to force a default on the national debt if it isn't corrected soon.
...
Read full article here

Genetic Genocide: Humanity’s Greatest Threat

2011-07-27T23:52:00.000-05:00

Source: Infowars.com
Date: July 27, 2011
by: Aaron Dykes & Alex Jones

Pandora’s Box has surely been opened. A dangerous genetic experiment has come out of the shadows, and the human-animal hybrids, chimeras and other transgenic clones it has yielded now threaten to endanger and irrevocably alter life as we know it.

The controllers of elite-funded science and R&D have wantonly tampered with the genetic code of the planet, ignoring the rather obvious dangers posed by cross-species experimentation and flagrantly jeopardizing the earth’s delicately-balanced biodiversity.

In a special video, Alex Jones addresses the profound risks posed by genetically-modified hybrids now featuring prominently in the field of biotechnology.

...
Read full article here

How to Fix America's Debt Problem: No More National Debt

2011-07-25T19:05:00.003-05:00

Since its inception the United States has fought the banks for control of its own money supply. These banks were and are owned and run either directly or indirectly by powerful banking families such as the Rothschilds, who are estimated to have controlled half the world's wealth in the 19th century. The artifice used by the international money changers to monopolize America's money supply has been to get corrupt and/or naive politicians to help install a privately owned central bank, which is owned and controlled by the money changers themselves (rather than by the American people). President Andrew Jackson famously fought to get rid of The Second Bank of The United States which was a privately owned central bank taking after the Rothschild Bank of England model. President Jackson considered killing the (central) bank as his greatest achievement and had imprinted on his tombstone I Killed The Bank.

At the time of the American Civil War, President Abraham Lincoln needed a means of financing the conflict and discovered that foreign banks offered to lend the United States money only at a highly usurious 24% to 36% interest rate. Rather than accepting such onerous terms, Lincoln consulted with his friend from Chicago Colonel Edmund Dick Taylor who suggested that the U.S Treasury should print and issue its own (interest free) currency to pay for war debts. According to Taylor,

"The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."

The United States Note issued by the U.S. Treasury was popularly called the "greenback" due to the green ink used to print the back of the notes, which was used to distinguish them from other notes in circulation. The greenback turned out to be a success largely because they were specified by law as legal tender, so that creditors were compelled to accept them even though they were not backed by gold, bank deposits, or government reserves, and bore no interest. One of the key features of the greenback is that it did not rely on debt (e.g. bonds) being issued first for the money to exist. The benefit of this is that taxpayers did not need to pay any interest to service the debt attached to the greenback, because there was none. The one big flaw is that the greenback was eventually exchanged at a discount (e.g. unfavorable rate) to gold due to currency debasement. Originally in 1862 there were only plans to create $150,000,000 worth of greenbacks with the passage of the First Legal Tender Act. In 1863 Congress passed the Second Legal Tender Act and Third Legal Tender Act which grew the greenback supply to $450,000,000. This would have been fine if they, for example, had retired some of the other money in circulation with greenbacks.

Abraham Lincoln, unlike Andrew Jackson, was a central banking advocate who liked the idea of a federally controlled fiat currency. Andrew Jackson was against central banks and federal control of the money supply in addition to being a "sound money" advocate.

Although Lincoln's greenback was an overall success (except for the debasement aspect), most in Congress wanted to retire the greenback and move towards a gold standard. Advocates of permanently remaking America's monetary system according to the greenback paradigm were in the minority and did not win out in the end. The banksters actually got the last laugh with the passage of the National Banking Act (in two parts), which Lincoln should have vetoed. The National Banking Act did have some good characteristics, but it essentially set the framework for the debt based currency system we use today. Interest bearing bonds are required to be issued before any currency can exist. Bonds are aptly named because ever since the passage of the National Banking Act we have been kept in debt bondage.

How do bonds keep us in bondage? I have extracted a short video segment from Bill Still's master work The Money Masters where Mr. Still explains the Federal Reserve's four step money creation process. Still also explains why our bond (debt) based currency is a scam that benefits the banksters at our expense.

Federal Reserve money creation process taken from "The Money Masters"

Following is Bill Still's latest advice via his YouTube channel on how to overcome the recent U.S. national debt crisis and whether or not he thinks we should increase the debt ceiling. You might be surprised at how straightforwards the solution is.

7/29/2011 SR SR 21 Debt Limit Debate 3

Important: Criticisms of printing debt free money in the image of Lincoln's greenback are answered.

7/25/2011 SR 20 - The Debt Ceiling Debate

The U.S. Treasury has the power already to issue debt free money in the form of coins. How re-issuing the United States Note or quarters could be a way out of the debt debacle, and free us from bankster bondage.

7/24/2011 SR 19 - U.S. Debt Limit

Congress is missing the point in the debt limit debate.

6/22/2011 Still Report #18: Iceland Ireland

Despite threats of food running out, Iceland stood up to the banksters. Remember that former U.S. Treasury Secretary Hank Paulson, Goldman Sachs alumnus, threatened that martial law would be declared if the banksters did not get their bailouts. They got their bailouts, of which only 800 billion or so was shown to the public. In reality another 16 trillion in secret bailout loans were sent to domestic and foreign banks.

Bill Still's latest book is titled "No More National Debt" and can be found at http://billstill.com amazon.com or the infowars.com store.

The Global Physical Gold & Silver Reserves Race is the New Nuclear Arms Race

2011-07-23T21:29:00.000-05:00

Source: SmartKnowledgeU™
Date: July 21st, 2011
by: J.S. Kim

The old Cold War USA-USSR nuclear arms race has been replaced by the East-West Central Bank battle to accumulate physical gold and physical silver reserves. While Western Central Banks and their puppet bullion banks have distracted and goaded private citizens with the invention of fraudulent bogus paper gold and paper silver derivative products, including ETFs more recently, and paper futures contracts for a much longer period of time, they themselves have been making sure to avoid the very fraudulent paper products they have invented and have been diving headfirst into real physical precious metals.

As Central Banks continue to significantly devalue all major global currencies through excessive creation of new supply out of thin air in a digital world where “new money” is never even printed into paper/cotton form but only is created as digital bytes that are sent across international borders, the private families that are the majority shareholders in the world’s most powerful Central Banks have engaged in heavy buying of physical gold in particular, and to a lesser degree, physical silver. In 2010, Central Banks as a group, became net buyers of physical gold after two decades as net sellers. EU Central Bankers became net buyers of physical gold for the first time during the 1st Quarter 2011 since their introduction of the heavily flawed Euro into circulation in January of 2002.

As of April 2011, China was, according to “officially reported” statistics, the sixth-largest official holder of gold, with 1,054.1 tonness, according to World Gold Council estimates. The U.S. was still reported to possess the largest gold reserves at 8,133.5 tonnes. However, all of you know by now that I believe all “officially reported” statistics, whether the statistic is GDP, unemployment, inflation, or gold reserves, to be a charade and mockery of the truth. To this day I am highly skeptical of the US reported reserves of 8,133.5 tonnes, especially since these reserves have neither been independently audited nor independently tested to ensure that they meet good-for-delivery bar status since Dwight D. Eisenhower was the US President in the 1950s. As for China’s “officially reported” holdings of only 1,054.1 tonnes, anyone that takes these reported stats at face value as the truth is a fool for any number of logical reasons. One, China reported that its “official” gold holdings were a constant 600 tonnes from 2003 to 2009 and then reported that it had increased its holdings to more than 1,000 tonnes overnight in 2009. Since China lied about its gold reserve holdings for more than 6 years, one cannot and should not assume that their “officially” announced 1,054.1 tonne level was truthful. Since China made that announcement in 2009, their “official” gold reserve level has not increased at all.

Anyone that believes that China has not accumulated more gold, and lots of it, since that time, does not understand the Chinese government and Chinese bankers. Chinese bankers have been studying the best ways to invest in gold and silver for many years now in preparation for this global monetary war and they realize that one of the best ways to invest in PMs is to own the real thing. Furthermore, there are multiple mechanisms by which China could be secretly increasing their gold reserves out of the scrutiny of the public eye. In 2008, China replaced South Africa as the largest gold producer in the world, but nobody really knows exactly how much gold China produces or how many proven/ probable reserves or how much measured/indicated resources they own. Thus, China could be increasing gold reserves significantly on in-house production alone. Certainly we know that China is increasing its silver reserves through a policy of decreasing its domestic silver exports and increasing its foreign silver imports.

For example, last month, China’s General Administration of Customs reported that its net imports of silver nearly quadrupled year-over-year in 2010 to more than 3,500 metric tons. Also of important note is the fact that in 2010, China exported 1,575 metric tons of silver, 58% less than in 2009, and imported 5,159 metric tons of the metal, 15% more than in 2009. This is a huge change if one realizes that from 2005 to 2010 China transitioned from a net exporter of 2,900 metric tonnes of silver to a net importer of 3,500 metric tonnes.

From 2005 to 2010, China increased its gold holdings in its State Administration of Foreign Exchange (SAFE) more than tenfold from a very small starting point of USD $4.2 billion to USD $48.1 billion. However, China could be increasing gold (and silver) reserves significantly through purchases in its Sovereign Wealth Fund – purchases that are not made available for public inspection or consumption. For China to publicly announce their buildup of gold and silver reserves that would drive up the price of the very commodity they wished to accumulate more of would be akin to then-Chancellor of the Exchequer Gordon Brown’s foolish decision to pre-announce in 1999 that the UK would be selling half of its gold reserves.

Also of important note are the following facts. China only recently deregulated gold in 2003 to allow gold prices in China to mirror international prices. The Shanghai Gold Exchange only opened in October of 2002. In late 2009, the Chinese started making gold and silver bullion easily accessible to its citizens through introducing physical sales of multiple size bars at its banks and China finally legalized ownership of 99.999% pure silver bullion. The Chinese typically have a tendency to buy PHYSICAL gold and PHYSICAL silver, not the fraudulent paper gold and paper silver derivatives invented by bankers to suppress the price of gold and silver. For the first time ever, Chinese citizens will be able to buy silver futures in Hong Kong this week and later in Shanghai; however, since the Chinese are fond of owning Physical metals, perhaps even the majority of Chinese may settle these futures contracts with physical delivery. Furthermore, even when the option to buy gold and silver ETFs in China becomes a reality, the average Chinese citizen may shy away from these products due to his or her propensity for owning real gold and real silver.

For Asians in general, gold and silver have always been money. In Thailand, the word for money “ngen” is also the word for silver. In China, the word for bank combines the characters for “silver” and “movement”. In China not only is private demand strong AND relatively young, but even in India, private ownership of gold bullion bars was not legalized until 1990. Thus, the war between East and West over gold and silver will intensify in coming months and coming years. The objective of the East will be to release the gold and silver price from the clutches of Western price suppression schemes while the objective of the West will be to hoard gold in an attempt to prevent citizens of Western nations from owning the asset that will protect them the most from their currency devaluation schemes.

The current talk in the mainstream financial media about gold being a bubble at $1,600 an ounce and of silver having already reached its top of its long-term peak at $50 an ounce is simply rubbish. A bubble is never defined by high prices, the perception of high prices or even a decade long rise in prices. What defines a bubble is a meteoric rise in price that is not supported by fundamental reasons. For example, the US NASDAQ dot.com stock market was a bubble because dot.com stocks that had zero earnings were trading at impossible valuations and sometimes double and triple digit dollar values per share. However, the fundamental reasons that have driven gold from $250 to $1,600 and silver from $4 to its current $39 – $40 range are even stronger today than they were at the beginning of this precious metals bull. Therefore, it is impossible for a bubble in gold and silver to exist at their current prices and at this current time.
And for this reason, this is precisely why the global nuclear arms race has been replaced by a global physical gold race. Welcome to the new global war in precious metals.

About the author: JS Kim is the Managing Director of SmartKnowledgeU. SmartKnowledgeU now offers monthly subscriptions to our premium investment newsletter, the Crisis Investment Opportunities newsletter, an investment newsletter that has returned well over a cumulative 200% (on all opened and closed positions) since its launch in June 2007 to present day. Follow us on Twitter here.
Republishing rights: The above article may be republished on other sites as long as all text and links remain as is and the author acknowledgment remains intact.

S&P500 to test 1350-1370 possibly 1400 this summer or by year end says BofAML Mary Ann Bartels

2011-07-21T16:48:00.002-05:00

Date: 7/21/2011

On CNBC "The Closing Bell" with Maria Bartiromo, Mary Ann Bartels, respected Technical Research Analyst for Bank of America Merril Lynch, sees the S&P500 testing May, 2011 highs near 1350-1370 with a possible test of 1400 some time during the summer or by the end of the year. Sidelined hedge fund cash is specified as a catalyst for a further rally in the stock market.

Charts are taken from the BofAML research report dated July 21, 2011 Weekly Stock Charts: Technically attractive stocks to “Buy-write”.

Why does Gerald Celente call the Swiss the "money cockroaches" of the world?

2011-07-15T03:13:00.000-05:00

Excerpt from PressTV interview: 'Banksters in control of economy'

Hint: Closed captioning is available via the CC button on the video

How Quote Stuffing Stuffs the Retail Investor

2011-07-11T17:35:00.005-05:00

On July 5, 2011 the capacity of the CQS (consolidated quote system used by U.S. stock exchanges) was increased by 33 percent to 1 million quotes a second, which was immediately filled by high frequency trading systems. According to Nanex, a company which provides the NxCore data feed and has done forensic analysis of exchange data for such events as the May 6, 2010 "flash crash", the practice of "quote stuffing", or placing a large volume of orders and then immediately cancelling them, is used by high frequency trading systems to slow down the quotes which human traders (or even some algorithmic trading systems) see on their computer screens/data feeds while the high frequency trading systems with their co-location advantage have access to the actual real time data. This disadvantages the "screen traders", investors or non-HFT algorithmic traders.

In the following video segment, Melissa Lee interviews Eric Hunsader of Nanex on the issue:

One possible solution to this problem of quote stuffing is actually presented by one of the floor traders in the interview segment: simply place a fee on quotes placed over a certain limit each day as the European exchanges do. Hunsader of Nanex agrees that this would immediately fix the quote stuffing problem.

Read more from CNBC

Wall Street: The Speed Traders by 60 minutes, which first aired in October of 2010, is a great overview of high frequency trading. They also cover the flash crash.

How Speed Traders are Changing Wall Street

Amelia Bourdeau wants to short EUR/NZD at 1.7400 target 1.7000 stop 1.7650

2011-07-05T18:24:00.007-05:00

Date: 7/5/2011

CNBC Money in Motion trader Amelia Bourdeau wants to short EUR/NZD on a breakdown through 1.7400.

Trade summary: Short $EURNZD at 1.7400 target 1.7000 stop 1.7650 which is a R:RW of 400:250 or 1.6:1.
Here is Ms. Bourdeau's rationale for her EUR/NZD short trade idea from July 5, 2011:

Last week Amelia's AUD/JPY short trade idea from 6/27/2011 (two days before the 6/29/2011 Greek austerity vote) as presented on Fast Money was either not triggered to get short, or the trade would probably be stopped out by now if entered. I feel that Amelia was probably looking for a break of the previous day's (6/26/2011) low of 84.051 as a trigger to get short since the entry price of the trade is shown as 84.0500:

No trade parameters other than entry price were given on Fast Money for this particular trade.
Following is the rationale behind Ms. Bourdeau's AUD/JPY short trade idea from 6/27/2011:

http://video.cnbc.com/gallery/?video=3000030114

Amelia presented an earlier trade idea to short the EUR/JPY on CNBC Fast Money before Melissa Lee went on vacation. This earlier trade was stopped out for -170 pips. The EUR/JPY short was presented on CNBC Fast Money the day before the Greek confidence vote (6/20/2011 is the trade presentation date, 6/21/2011 is the Greek confidence vote). Here are the trade parameters of that trade:

Here is the rationale behind Amelia's 6/20/2011 EUR/JPY short trade idea:

It seems as if much of Wall Street was caught on the wrong side of the Euro last week. Andy Busch was also stopped out on his EUR/USD short idea as presented on Money in Motion on Friday June 24, 2011 for -250 pips.

All of the stop outs do not mean that the currency traders' overall thesis is wrong. Obviously the price action indicates that the timing and/or estimation of the level of volatility/optimism was not correct with regards to the Euro.

CERTIFIGATE: Adobe book editor positive: Obama certificate is phony

2011-07-04T12:08:00.002-05:00

Source: World Net Daily
Date: June 28, 2011 9:41 pm Eastern
by: Jerome R. Corsi

'Altered document is manufactured, or in everyday parlance – a forgery'

NEW YORK – A nationally recognized computer expert who has served as contributing author and technical editor for more than 100 books on Adobe and Microsoft software says the Obama long-form birth-certificate image released by the White House is a fraudulent document created with Adobe software.

"The PDF file released by the White House contains evidence of manipulation suggesting that one or more forgers utilized existing Hawaiian birth certificates to assemble fraudulently for Barack Obama a document the president presented to the world as authentic," Mara Zebest told WND.

Zebest has prepared a full analysis of the image that was presented April 27 by Barack Obama to the world as a copy of his original birth documentation in the state of Hawaii.
Obama LFBC a Forgery According to Computer Graphics Expert Mara Zebest

(Story continues here)

Rebecca Patterson wants to get long EUR/GBP on pullback to .8960 target .9200 stop .8870

2011-07-03T09:20:00.003-05:00

Disclaimer: I do not necessarily agree with these trade ideas. It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.

Rebecca Patterson of CNBC Money in Motion currency trading states in Friday's show (7/1/2011) that she had already recommended being long EUR/GBP before another set of central bank meetings one month ago (there are three slated for the coming week). Her suggestion to traders this week is to stay long EUR/GBP if they are already in, or wait for a pullback to .8960 on the EUR/GBP to initiate a new position.

Ms. Patterson's trade setup is as follows:

Trade summary: Long $EURGBP on pullback to .8960 target .9200 stop .8870 which gives a 90:240 R:RW or 1:2.667.

Here is Ms. Patterson's rationale for the trade:

Todd Gordon wants to get long EUR/CHF on pullback to .382 and .618 fibs

2011-07-03T08:20:00.003-05:00

Disclaimer: I do not necessarily agree with these trade ideas. It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.

Todd Gordon of CNBC Money in Motion currency trading wants to get long EUR/CHF on a pullback to the .382 or .618 fib. 1/2 of the position will be added at the .382 fib and 1/2 will be added at the .618 fib.

Trade summary: Long $EURCHF 1/2@1.2075 1/2@1.1970 stop 1.1900 with no target given to calculate R:RW

Here is the rationale behind the trade:

Click here for the CNBC Web Extra video

Andy Busch is Short GBP/AUD entry 1.5025 stop 1.5225 target 1.4025

2011-07-03T08:13:00.005-05:00

Disclaimer: I do not necessarily agree with these trade ideas. It is good, however, to monitor how other currency traders or Wall Street as a whole are/is positioned.

Andy Busch of CNBC Money in Motion currency trading is short GBP/AUD already ahead of the three central bank announcements next week:

Trade summary: Short $GBPAUD entry 1.5025 stop 1.5225 target 1.4025 which is 200:1000 R:RW or 1:5.

Mr. Busch explains his rationale in the following Money in Motion video from Friday 7/1/2011:

Note that Mr. Busch's Euro short trade suggestion from last week was stopped out for -250 pips, due to the monstrous rally that ensued following a positive approval by the Greek Parliament of austerity measures on Thursday, June 30.

Here is Andy's Money in Motion trade from last week (Friday 6/24/2011). First, he suggests entering a short of EUR/USD at 1.4200 (pretty much right at market) prior to the following week's austerity plan vote by Greek Parliament, with the intent to add another equal-sized position when/if 1.4075 were to be reached (e.g. double up).

Here is Andy's trade if the second portion were added due to the EUR/USD reaching the 1.4075 trigger price:

Note that no second portion was added because the trigger price was not reached.

At the time of Andy's now stopped out trade suggestion (Friday 6/24/2011), the Money in Motion traders know that George Papendreou successfully got past the first hurdle of the confidence vote on Wednesday 6/22/2011 but they are still awaiting the vote by Greek Parliament to approve the first set of austerity measures on Thursday, June 30. Andy is betting that the approval might fail or that there is a bearish reaction regardless.

The tone of the Money in Motion traders is overall biased against the Euro at this time with the exception of Todd Gordon who is ambivalent and wants to see the EUR/USD break its trading range to determine what direction to trade it.

Click here for last week's video from CNBC with Andy Busch's trade idea

Defkalion Press Conference in Athens Introduces Rossi Energy Catalyzer

2011-06-29T03:58:00.002-05:00

Source: Infinite Energy Magazine
Date: 6/27/2011
by: Marianne Macy

Editor's note: The press conference was last week (June 23, 2011), but since Defkalion Green Technologies is a Greek company the direct reporting was in Greek. Here is a recently published article in English concerning the business aspect of Andrea Rossi and Sergio Focardi's groundbreaking cold fusion device, the E-CAT (Energy Catalyzer).
Defkalion Press Conference in Athens Introduces Rossi Energy Catalyzer

A Nobel Laureate speaks out on the Energy Catalyzer

2011-06-26T21:50:00.001-05:00

Source: Cold Fusion Now
Date: June 22, 2011
by: Ivy Matt

Dr. Brian Josephson, winner of the 1973 Nobel Prize in Physics for his work on superconductivity, has recently released a YouTube video of an interview of himself conducted by Judith Driscoll, Professor of Materials Science at Cambridge University.

Dr. Brian Josephson, winner of the 1973 Nobel Prize in Physics for his work on superconductivity, has recently released a YouTube video of an interview of himself conducted by Judith Driscoll, Professor of Materials Science at Cambridge University. The stated purpose of the video is to wake up the media to the E-Cat story, which has not been widely reported on in the mainstream media of the English-speaking world. While some cold fusion advocates hypothesize the existence of a conspiracy of silence to suppress news with such important implications, Josephson suggests the silence is more due to an unwillingness of the traditional media outlets (both general and scientific) to risk appearing credulous by simply reporting on the story.

...
Read full article here

Mark Fisher Speculates: Someone in IEA Leaked News of Strategic Petroleum Reserves Release Yesterday

2011-06-23T15:13:00.000-05:00

Source: CNBC (I extracted the Mark Fisher portion of the interview with David Faber and Gary Kaminsky)
Date: Thursday, 23 Jun 2011 | 1:52 PM ET

This is a very insightful interview. Mark Fisher, the world's biggest and most successful independent oil trader, drops a bombshell. Fisher believes that the announcement that the IEA (International Energy Agency) would be releasing 60 million barrels of oil (e.g. 28 countries coordinating to sell off some of their Strategic Petroleum Reserves) was leaked yesterday by someone in the IEA due to suspicious price action. Obviously, if someone in the IEA really did leak this news to cronies outside the agency and they benefited from the insider information it is a crime.

Speaking of crimes, is it good or bad for governments or central banks (or any group of companies or individuals) to engage in overt or covert price manipulation? In the business world, if a group of different companies were to conspire to fix prices, it would be considered racketeering, which is a crime and against anti-trust laws. Is not market manipulation a form of price fixing?

Read CNBC article here and for first part of video

Defkalion Green Technologies to Make Cold Fusion Related Announcement Thursday, June 23, 2011

2011-06-21T08:30:00.002-05:00

Recently, Defkalion Green Technologies, the company with an exclusive license to deploy the Andrea Rossi E-CAT (Energy Catalyzer) cold fusion technology in Europe notified reporters of an impending press conference. Here is the invitation letter as it appears on Daniele Passerini's website Ventidue passi d'amore è dintorni (22passi.blogspot.com):

Dear Daniele,

Defkalion Green Technologies s.a. cordially invites you to attend its press conference to announce a technological breakthrough in energy with exclusive rights to Greece.

Kind Regards,

Symeon Tsalikoglou

Press Conference
Invitation

GREECE's ANSWER TO THE INTERNATIONAL CRISIS

HYDROGEN & NICKEL EXOTHERMIC REACTION

CHEAP, CLEAN & GREEN ENERGY

Thursday 23rd June, 2011
[omissis]

RSVP: [omissis] A Reception will follow

Today, there is great pessimism regarding the future energy needs of our planet. Energy will soon become universally cheap, clean and readily usable.

Andrea Rossi and Sergio Focardi have discovered and patented a technology that will change the world’s energy field. This technology will be made commercially available by Defkalion Green Technologies s.a., a Greek company.

By combining Hydrogen and Nickel to create an exothermic reaction (at room temperatures and in a device that can be safely placed in households and also industry) heat is emitted on a 24-hour basis. This energy is produced at a fraction of the cost in comparison to currently available energy sources, it is clean and totally green. Furthermore, using conventional, readily available third-party technologies, the heat can also be used to produce electricity.

Defkalion Green Technologies s.a. has secured exclusive distribution rights for the entire world, except for the USA and military applications. It will start production and first distribution of its products from its factory in Xanthi for the Greek and Balkan markets, initially. Two more factories are scheduled within 2012. International sales are already strong in demand, which will spur exports.

Suffice to say, that Greece possesses 83% of Europe’s Nickel deposits, a key strategic consideration. Furthermore, at this time of the global financial crisis, Greece is faced with a golden opportunity to become energy self-sufficient, gain in employment in one of its most underdeveloped regions, as well as become a technological leader in this new scientific field.

The press conference will comprise of undisclosed to-date information relating the technology’s commercial and industrial applications, the company’s strategic placements, as well as commercial issues that are of interest not only to Defkalion’s future customers, but also to the political society of our country. It goes without saying that such an important development also possesses a strong international dimension in many aspects.

Sincerely,
Defkalion Green Technologies s.a.

If you have been following the news on Greece, they are currently facing political and economic turmoil, as the Greek people protest their government and the austerity measures implemented to qualify for EU/IMF bailout loans. The European sovereign debt crisis is a recurring theme which first became of concern in late 2009 when there were worries Greece, Portugal and Ireland would default. The crisis resurfaced in May and June of 2010 and has now reared its ugly head again. Today the Prime Minister of Greece George Papandreou faces a no-confidence vote in the Greek Parliament at midnight, Greece time (Tuesday, June 21 5 PM EST), which is one of the hurdles that must be overcome in order for Greece to receive bailout loans from the EU/IMF, and other entities.

How did a small Greek company get the rights to distribute this groundbreaking technology in all of Europe? Here is the background. The Vice President of Defkalion Green Technologies, Professor Christos Stremmenos, is the man responsible for bringing cold fusion to Greece. Christos Stremmenos is both a scientist who has done his own research and experiments with cold fusion and a former Greek ambassador to Italy. Professor Stremmenos at one point had moved to Italy to marry an Italian woman and teach at the University of Bologna, which is where he met experimental physicist Sergio Focardi, friend and business partner to Andrea Rossi (holder of the E-CAT patents and creator of the secret catalysts which make cold fusion possible). Professor Stremmenos worked with the Greek government in order to set up the €200 million Defkalion factory in Xanthi, Greece which will manufacture the cold fusion E-CAT devices starting in 2012. Per Swedish publication NY Teknik the factory has the capacity to produce 300,000 E-CATs a year with the first year targeting 40,000 units. Note that Professor Stremmenos, is a personal friend of George Papandreou, the Prime Minister of Greece, and did relay information to his old friend regarding developments in cold fusion. Apparently Papandreou expressed some enthusiasm/belief in the idea at the time of the disclosure. [1] Quoting from the English translation/transcript of the Christos Stremmenos interview by Italian radio program Città del Capo:

...

I just wanted to ask you something like this, seeing that you also have a past experience as a diplomatic representative in Italy; so, as to your specific role. You were active with the Greek Government to further the experimentation of this plant. … What is your role?
I understand your question, Doctor [laughs]. This thing, well it’s like with old loves. When I retired, I wanted to set up my own lab and quietly continue my research. But I did inform George Papandreou, the current Prime Minister, who at the time was President of PASOK. In the Convention which elected him, there were these commissions working on various aspects of the Greek economy. These were supposed to lay down the most favoured Party’s platform for government. So I told him, “George, look” — I explained — “I’m still working on this”. So at the Convention he says: “You know, I believe in this thing too, but who knows when it will come about” “I don’t know”, I said, “ truth and fate we haven’t got, but we must support and pursue this line”.
This is why, George Papandreou … Focardi phoned me a couple of years ago: “Listen Christos, the quality leap has come. Rossi has found a way to …” “But did you measure the ...?” “Yes, I took the measurements myself and I have seen the input energy amplified 200 times, and that’s not all...”. I didn’t know Rossi at the time, because he was in the US. “That’s not all”, he said, “I am witness to the fact that Eon, over there near Ferrara, what’s the place called...[1]
...

Could cold fusion save the Greek economy? Not in the very short term. Greece's short term survival is based on political concerns and getting legislation passed to meet requirements for getting bailout loans. The people of Greece are not happy, which is due to cuts in social services, government jobs and apprehension about forced privatization. Riots on the streets, strikes and power blackouts are the result. Cold fusion should, however, make a revolutionary impact in the long term in both Greece and the rest of the world and I tend to agree with the optimism expressed in the press conference invitation letter.

In closing I will leave you with another quote from the Stremmenos interview with Città del Capo:

...
So this could be very important for a country like Greece, which lately has had very big economic problems, social tensions … it could also be an important development ...

That's right, we will see this later. With extreme caution, we need to do things right. It applies not only to Greece ... this thing is for the whole planet, if developed properly, so as not to succumb through the marketing of the oil companies and all the others.
With other forms of renewable, alternative energy, I believe that there can be a fairly constructive coexistence. It is clear that the problem is that we must eliminate carbon dioxide from this planet. Climate change is not an opinion, not a scientific verdict, it is a reality that we live day by day, so we have to work on it. As for the question why both Rossi and Focardi have convinced themselves that Greece is a suitable country: it’s because we do not have primary energy sources outside of hydropower. And lignite of course, but there isn’t a more polluting fuel than that ...[1]
...

Sources:
[1] Stremmenos: "cold fusion will solve many problems of humanity", Radio Città del Capo, Bologna, Italy with English translation provided by Ventidue passi d'amore è dintorni

$6 billion hedge fund bets on 40% crash in SP500

2011-06-19T01:07:00.002-05:00

RT News reporter Lucy Kafanov interviews Courtney Comstock of Business Insider regarding the bearish positioning of the $6 billion Universa hedge fund which has a steep $50 million minimum investment to get in:

The fund manager of Universa is Mark Spitznagel, the protege of Nassim Taleb, author of "The Black Swan". Mr. Spitznagel is also a follower of Ludwig von Mises. I have noticed many von Mises economists (such as Peter Schiff) have a pretty bleak outlook and predictions for the U.S. economy or dollar. Notice that there appears to be some real fear/apprehension on the part of the reporters as they contemplate, "What if Mark Spitznagel is right?" I do not blame them.

For further details, read Meet Mark Spitznagel: The Hedge Fund Manager Betting $6 Billion On A Doomsday Scenario from Business Insider.

E-cat business: Greek investors remain secret

2011-06-16T03:13:00.000-05:00

Source: NY Technik
Date: June 10, 2011
by: Mats Lewan

Ny Teknik has investigated the Greek company that supposedly will be the first in Europe to produce the ‘energy catalyzer’, invented by Andrea Rossi. The plan is to start production in 2012, but the investors are still secret.

(Swedish version here).

With the energy catalyzer – the device that seems to generate energy from an unknown nuclear reaction – the inventor Andrea Rossi is aiming to sell electricity for about one cent per kilowatt hour. It is as cheap as the cost of production for today’s cheapest electricity – existing hydropower.

Furthermore heat energy from the energy catalyzer will supposedly cost only 0.3 cents per kilowatt hour.
...
Read full article here

Andrea Rossi Foto: Mats Lewan

Japanese government props up ailing TEPCO utility

2011-06-14T13:36:00.001-05:00

Date: 6/14/2011 published
by: Jason Chan

Shorts got an unpleasant surprise yesterday (June 13, 2011) as TEPCO shares spiked up 25% after news that the Japanese government approved a disaster compensation bill which would help TEPCO pay compensation to victims of the Fukushima Daiichi nuclear disaster. In addition, the Tokyo Stock Exchange raised margin requirements which discourages short selling of TEPCO. [1]

As we have seen from other examples, margin rule requirements when implemented can cause drastic changes in the previous direction of stocks or commodities. For example the recent silver crash is due primarily to aggressive margin hikes on the part of the CME (Chicago Mercantile Exchange). Due to the timing of news from both the Japanese government and Tokyo Stock Exchange margin hike on short selling TEPCO stock (both being released on the same day), one might wonder if there were not some form of coordinated activity between the Japanese government and the Tokyo Stock Exchange in order to artificially prop up the TEPCO stock. Note that this is just speculation and not what the text of the Bloomberg article I am referencing says. In the case of the CME (Chicago Mercantile Exchange) the aggressive margin hikes recently on silver also seemed a little suspicious and in this case I also wondered if there were not perhaps some form of communication or coordinated activity with another entity (or entities) with a vested interest in keeping the price of silver down. I will let you guess who I mean. The official story in both the case of the Tokyo Stock Exchange or CME for why they increased their margin requirements is that their mathematical risk management model has been triggered and margins are hiked in a robotic fashion in response. I am not sure if I personally buy that line.

Source:
[1] Tokyo Electric Jumps by Record 25% After Short Sale, Margin Rule Changes, Bloomberg

Bank of America Assets Seized by Couple Who Were Fraudulently Foreclosed Upon

2011-06-06T22:14:00.002-05:00

Bank of America tried to foreclose on a couple who paid cash in full for their property (e.g. a fraudulent foreclosure as they never had a mortgage to begin with). The couple gets revenge by seizing Bank of America's assets when the bank failed to pay their court costs as ordered by the court.

Professor Yang Yang and his team of student researchers develop plastic solar cells in the hopes of using the technology in many practical applications

2011-06-03T18:41:00.000-05:00

Source: University of California, Los Angeles: Daily Bruin
Date: May 18, 2011, 12:58 am
by: DANIEL MORIZONO

Inside the Yang laboratories, one student places a solar cell under a sunlight simulator, a device that reproduces natural sunlight. After a few seconds, he is able to determine how well the cell transforms the sun’s energy into electricity.

He is one of several dozen researchers conducting research in the field of organic solar cells under materials science and engineering Professor Yang Yang.

Lexy Atmore

While most solar panels are made from silicon, which increases manufacturing costs, Yang and his researchers focus on developing solar cells from organic photovoltaic technology, which uses plastic in place of metal.

Professor Yang Yang of the Materials Science Department recently developed new solar panel technology using certain chemical compounds.

This UCLA technology is now used by Solarmer, a solar energy company that houses a number of Yang’s research group.
...
Read full article here

Cold Fusion #1 Claims NASA Chief

2011-06-01T22:29:00.000-05:00

Source: PESN (Pure Energy Systems Network)
Date: May 31, 2011
by: Hank Mills

A Chief NASA scientist, Dennis Bushnell has came out in support of Andrea Rossi's E-Cat technology, but denies any type of nuclear fusion is taking place, saying it is probably beta decay per the Widom Larson Theory. Repackaging the terminology to avoid embarrassment will not erase over twenty years of suppression and the reality of cold fusion!

Dennis Bushnell is a Chief scientist at NASA Langley Research Center in Hampton, Virginia. He is also an inventor, author, and has been a consultant to countless government and military agencies. A few of these include the DOD, Air Force, DARPA, and the NRC. To read a more complete summary of his background, a good review can be found here. Recently, he was interviewed during an EV World podcast.

Dennis Bushnell; Source: NASA

During the show, he addressed what he called "Low Energy Nuclear Reactions" as being the most interesting and promising alternative energy technology being developed. In fact, it was first on his list, ahead of salt water agriculture, cyanobacteria, energy conservation, geothermal power, nano-plastic solar panels, solar thermal concentrators, and high altitude wind power.

"The most interesting and promising [technology sector] at this point ... [is] low energy nuclear reactions."

Bushnell went on to say that LENR technology could potentially solve all of our energy and climate problems. He stated the technology could be used for any application, including to power rockets for space travel. It is quite refreshing to hear such positive statements, in support of cold fusion, from a mainstream, credible, and respected scientist!

Actually, I cannot think of any other scientist off the top of my head, that I would have rather made a statement in support of LENR (cold fusion). His extensive scientific background, career history, and status as a Chief NASA scientist make his supportive statements very significant. Hopefully, they will inspire other scientists to take LENR research seriously! I would like to hear a naysayer like Bob Park (who has attacked cold fusion researchers for 20 years) try to criticize him for his comments.

During the interview, Bushnell specifically mentioned Andrea Rossi's E-Cat (Energy Catalyzer) technology, and seemed very supportive of it. He reviewed the tests that have been performed and the large amount of excess heat produced. At one point he made a remark scientists across the world should notice...

"I think we are almost over the "we do not understand it" problem. I think we are almost over the "this does not produce anything useful" problem. I think this will go forward fairly rapidly now. If it does, this is capable of, by itself, completely changing geo-economics, geo-politics, and solving climate issues."

Despite his positive statements about LENR, he also made a few statements that indicate his lack of ability to admit that nuclear fusion at low temperatures could be a reality. He stated that all of the so called, "cold fusion" experiments performed over the last twenty years did not produce fusion reactions. His position is that they produced energy via a process called "Widom Larsen" theory, that does not involve fusion at all, but only "beta decay."
...
Read full article here

Central Bank economists always propagate lies about how the economy works so the masses never learn how they control the economy

2011-06-01T12:49:00.001-05:00

Source: SmartKnowledgeU
Date: Wednesday, June 1, 2011 at 9:42am
by: J.S. Kim

I’m so sick of bogus articles like this one that constantly run in newspapers where you have Finance Ministers of countries or economists of Central Banks that say you need complex computer algorithms and models to predict the bursting of bubbles in the Real Estate market or the Stock Market and that these “rare events” are so complicated that nobody can predict when such events are going to happen. (http://www.bloomberg.com/news/2011-05-31/fed-s-u-s-research-division-director-david-stockton-to-retire-sept-30.html ) What a load of PURE 100% RUBBISH!

The Central Banks create the bubbles and then they burst them. If no one can predict them, then why are there always a handful of INDEPENDENT, NON-BANKING AFFILIATED analysts that ALWAYS predict these crashes right before they happen? And why are none of the banking shill economists ever among these handful of people? I even predicted the US stock market crash on April 23, 2008 just 18 days before it happened here http://seekingalpha.com/article/73540-will-u-s-markets-crash-now-or-later

There ought to be financial journalists dedicated to just de-bunking the thousands of articles that contain the deception, lies, and propaganda put forth by Central Bankers in newspapers every day! Former US Federal Reserve Vice Chairman Alan Blinder even said,

"the last duty of a Central Banker is to tell the public the truth"

and Central Bankers constantly engage the media to perpetually tell lies to the people about how they control the economic cycle and how easy it is to predict based upon their deliberate mismanagement of fiat monetary policy to deliberately create crises.

Note: Click here for SmartKnowledgeU FaceBook page, which always contains insightful articles or posts by J.S. Kim.

Investment Idea: Pre-Fukushima Sake and Shochu

2011-06-01T00:29:00.000-05:00

Source: Washington's Blog
Date: Tuesday, May 31, 2011

What should we invest in?
Given the extreme uncertainty in the investing environment, and given that housing, employment and wages, and some of the other fundamental economic measures are flashing warning signs, this is not a simple question.
Inflation
I have written thousands of essays examining the great inflation versus deflation debate (here's the latest). I can see both sides of the argument, as well as arguments for inflation and deflation at the same time. And see this essay by Shah Gilani on Chinese inflation.
If you believe that hyperinflation is in our future, then you might want to hear what PhD economist John Williams suggested in 2009:

Williams is advising people to stock up on gold and booze to bargain with once the hyperinflation makes dollars worthless:
“Three or four years into the future I think we could be in a hyperinflation, within the current year you’re going to see much higher inflation than most people are looking at,” Williams told MarketWatch.
Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.
“This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it,” he added, advising that people buy physical gold and assets other than the U.S. dollar.
“Then when the hyperinflation hits you’ll see disruption of normal commerce, you won’t have enough $100 dollar bills to buy what you want,” said Williams, adding that items to barter with, such as a bottle of scotch, would be more valuable than actual cash, even in large quantities.

...
Read full article here

Energy Catalyzer US Partner Named AMPENERGO : Has Links To DoE

2011-05-21T16:15:00.000-05:00

Source: Free Energy Truth
Date: Tuesday, May 17, 2011

Ampenergo - a company formed in 2009 with connections to the Department Of Energy (DoE) has been named as the partner firm to assist in the proliferation of the E-Catalyzer Cold Fusion technology. This is absolutely HUGE News and another ringing endorsement of Rossi's Cold Fusion Technology.
...
Read full article here

E-Cat Cold fusion device independently validated producing 800% more energy than input

2011-05-21T16:08:00.000-05:00

Source: NaturalNews.com
Date: Thursday, May 19, 2011
by: Neev M. Arnell

(NaturalNews) Initially met with skepticism due to claims that it works on cold fusion technology, the energy catalyzer has been validated producing 2.6 kilowatts from an input of 300 watts by Swedish technology magazine NyTeknik (http://www.nyteknik.se/nyheter/ener...). The technology, which was granted a patent in April, is expected to be on the market this fall. (http://www.nyteknik.se/nyheter/ener...)
...
Read full article here

Greek Scientist Stremmenos discusses the Rossi and Focardi Energy Catalyzer in an interview

2011-05-08T00:13:00.001-05:00

Source: Next Big Future
Date: May 7, 2011

Prof. Stremmenos is a scientist in Greece and former ambassador to Italy. He discusses the Rossi and Focardi energy catalyzer in an interview Professor Christos Stremmenos is the man who brought cold fusion to Greece, and worked with the Greek government to set up the factory that will manufacture the "Energy Catalyzer" reactors which Andrea Rossi and Sergio Focardi invented and tested, and which will produce a 1-megawatt power plant. Professor Stremmenos is Vice-President of Defkalion.
...
Read full article here

Seven Reasons to Embrace Rossi's Energy Catalyzer (E-Cat)

2011-05-07T15:25:00.001-05:00

Source: Pure Energy Systems
May 7, 2011

There are many reasons to support the adoption and proliferation of Andrea Rossi's "cold fusion" E-Cat technology, including hope for a solution to our energy problems, cleaning up the environment, restoring the global economy, and more.

by Hank Mills

A "cold fusion" revolution is on the way. This unstoppable revolution will shift the global economy away from tradition fuels such as oil, natural gas, coal, and even conventional radioactive nuclear fuels such as uranium. Instead of burning these polluting, expensive, and potentially dangerous fuels, the world will start utilizing Andrea Rossi's Energy Catalyzer (E-Cat) technology, among other breakthrough clean energy technologies now emerging. His tested, proven, and validated "cold fusion" technology uses only small amounts of hydrogen and nickel powder to produce vast amounts of energy. This energy is produced cheaply and cleanly, with no pollution emitted in the process.

This technology is very much needed by our civilization for a long list of reasons. A few of these reasons will be mentioned in this article. As with any new technology, there will be those that resist its implementation and adoption. By stressing the many reasons there is an urgent need for this technology, we can negate any potential fear mongering or political propaganda that may emerge. The future of ourselves, our families, and our species may depend upon the rapid proliferation of this technology!

(Please note this list is not specifically in order of importance.)
...
Read full article here

NyTeknik Validates Rossi's Energy Catalyzer

2011-05-07T15:15:00.000-05:00

Source: Pure Energy Systems

May 2, 2011

The Swedish website Ny Teknik has been providing detailed coverage of Andrea Rossi's Energy Catalyzer technology. Engineer Mats Lewan of Ny Teknik has released positive test results and video from two additional tests of the E-Cat. The validations keep on coming!

by Hank Mills with Sterling D. Allan

Italian engineer and inventor Andrea Rossi has developed a game changing "cold fusion" technology that has been validated via several tests performed by multiple third parties. One of the most recent tests of the E-Cat was attended by the former chair of the Swedish Skeptics Society, Professor Hanno Essén. With the assistance of Professor Sven Kullander, the testing successfully validated the Energy Catalyzer technology. An article about their validation was featured here at PESN.

Now, Engineer Mats Lewan from the Swedish publication, Ny Teknik, which means "New Technology", published weekly for over 40 years, has released results from two separate tests of the E-Cat he performed in Bologna, Italy. These latest results confirm those from previous testing, that the system outputs at least 6 times more energy than it consumes.

Read full article here

Recent Osama Bin Laden Assassination a Hoax Per Dr. Steven Pieczenik Real Life Inspiration for Jack Ryan Character in Patriot Games by Tom Clancy

2011-05-04T12:30:00.005-05:00

On May 3, 2011 Alex Jones interviewed Dr. Steven Pieczenick who has worked under James Baker, George Schultz, Henry Kissinger and Cyrus Vance as Deputy Assistant Secretary of State and/or Senior Policy Planner and was a one time CFR (Council on Foreign Relations) fellow. Dr. Pieczenik is the real life inspiration for Tom Clancy's Patriot Games novel Jack Ryan character and has collaborated with Mr. Clancy on the Op-Center and Net Force paperback series. Dr. Pieczenik has also written his own successful psycho-political thriller genre novels, 26 of which have reached the New York Times best seller list. More importantly, he helped create America's Delta Force and has been intimately involved with special operations and psychological warfare under 5 presidential administrations.

Dr. Pieczenik is both a Ph.D. in International Relations and an M.D. having received his degrees from M.I.T. and Cornell respectively. He was trained in Psychiatry at Harvard. In his own words, Dr. Pieczenik was a Deputy Assistant Secretary under Nixon, Ford and Carter, but resigned due to disagreement with how Carter handled the hostage situation in Iran. He came back to work with Bush Senior on Cambodia. Obviously the man is no slouch and reviewing his credentials has convinced me that Dr. Pieczenik is a highly respected individual in his field and that he is not just some schmoe pushing a half-baked "conspiracy theory".

The crux of the interview is that Osama Bin Laden is long dead, having died back in 2001 during the invasion of Afghanistan. Osama Bin Laden was diagnosed by a CIA doctor as having rare genetic disease known as Marfan syndrome. Marfan syndrome causes a highly shortened lifespan and affects the corneas of the eyes, and coronary arteries. Bin Laden's renal failure which required him being hooked up to dialysis machines is a result of Marfan syndrome, per Dr. Pieczenik (a Medical Doctor in addition to being a Ph.D.). Dr. Pieczenik says Osama Bin Laden died as we were invading Afghanistan and General Tommy Franks accidentally made a slip and announced it in public. Dr. Pieczenik was interviewed back in 2002 by Alex Jones, to disclose his knowledge of Osama Bin Laden's passing.

If Osama Bin Laden has been dead this long, it implies that the current announcement by the White House that Osama Bin Laden has been taken down in a dramatic raid by SEAL Team 6 is a total fabrication/hoax. Also, any claims that Pakistan has been harboring Osama Bin Laden would also be false, because you can not harbor a dead man. The implication, therefore, that the Pakistanis must have known Osama Bin Laden was hiding out in Pakistan (e.g. withholding the knowledge from us) long ago because the stormed compound was built 5 years ago is a moot point. In my view BS like this is being used to stir up anti-Pakistani sentiment as a precursor for war. America unfortunately has been used as the attack dog of the elitist oligarchs to wage war on any number of foreign powers and it appears that they are trying to sick us on Pakistan this time.

Osama Bin Laden has been widely blamed as the "mastermind" for the 9/11 terror attack. This is a myth propagated in order to get the American people angry enough to support unjust wars, which they otherwise would not. According to letters written by Osama Bin Laden himself, he denied any involvement with 9/11. In fact, even the FBI has never had Osama Bin Laden on its wanted list for this particular attack due to a lack of evidence, although Bin Laden is wanted for other attacks. The CIA has been caught making fake Bin Laden tapes in which the actors, of course, implicate Bin Laden as the mastermind of 9/11.

Osama Bin Laden did work for the CIA, being given the name "Tim Osman". Dr. Steven Pieczenik who has met in person with Bin Laden and other Mujahideen in person says Bin Laden was essentially the money guy who delivered funds to the Mujahideen on the ground in Afghanistan but was not a "keystone" player.

According to Dr. Pieczenik, "stand down false flag deception and denial" was responsible for the 9/11 terror attack. In other words elements of our own forces attacked our own citizens to blame it on someone else. Historical examples of false flag terror are Pearl Harbor, Hitler's burning of his own Reichstag, and the event at the Gulf of Tonkin. Notice that all of the sited false flag attack examples were used as a precursors for war. Due to the grievous nature of 9/11, Dr. Pieczenik has called for the indictment of Bush Junior, Cheney, Rumsfeld, Condoleeza Rice, Steve Hadley and numerous others and says he felt that the deception against the American people would end when Bush Junior was thrown out of office. Unfortunately, history played out differently with Bush Junior staying two terms. As someone intimately involved in black ops and psychological warfare, Dr. Pieczenik definitely would recognize a false flag attack if he saw it.

I have embedded the May 3, 2011 interview here for your convenience. There is a second follow-up interview which I will post shortly.:

Obama Birth Certificate .pdf Obvious Fake, Ulterior Motive?

2011-04-28T22:34:00.005-05:00

The .pdf file uploaded at the White House site, was very blatantly saved in an Adobe Acrobat file mode where all birth certificate edits (image manipulation) are seen clearly if the file is opened in an editor (e.g. a check box was mistakenly left checked that should not have been). Why was this obvious blunder made? Was an insider trying to blow the whistle on Obama, or has he been set up to fail on purpose by his elitist handlers? Following are some excellent original sources, which I found very enlightening.

Obama provided the ammunition to bring him down
by Devvy April 28, 2011 (via Rense.com)

World Intel Says Obama 'Birth Certificate' A Rank Forgery
by Wayne Madsen (via Rense.com)

1776Reborn shows how the graphics elements from the .pdf file can be manipulated in Adobe Illustrator:

Karl Denninger, trader, IT services professional and fraud watchdog blows whistle on Obama fake .pdf upload:

My question is, why has Obama been set up to fail so blatantly? Does someone want to spark a revolution?

Rossi Energy Catalyzer: "Threatens Entire Industries and Countries"

2011-04-23T08:07:00.002-05:00

Source: FREE ENERGY TRUTH

TUESDAY, APRIL 12, 2011

Andrea Rossi At The First Public Demonstration Of His Energy Catalyzer

In one of the most recent question and answer sessions on Andrea Rossi's "Journal Of Nuclear Physics" Rossi confirms that provision has been made in the event he were to be suicided or the project was forcibly shut down.

Many people have been concerned that such a disruptive technology such as Rossi's energy catalyzer would provoke a strong negative reaction among elements of the military industrial complex and corporations hell bent on protecting their power and profit.

...
Read full article here

Sergio Focardi, the father of "Ni-H Cold-Fusion".

2011-04-15T19:24:00.000-05:00

Source: Ventidue passi d’amore e dintorni

As promised, here is the English version of the interview Focardi ( here the original text in Italian) by Alberto, and Alex Vanesio; the operation ( here the start) of transcription before and after translation was authorized by Radio City Head, who go the thanks of us all.

A radio interview

with Sergio Focardi,

the father of
"Ni-H Cold-Fusion".

Courtesy of Twenty-two steps of love and its | Translation credits: Alberto Medici, Alfredo Knecht, Alex Pass.

The Story
Fleischmann recently — on some journal, a month or two ago — related the episode once again. He’d gone home in the evening from the lab where he was conducting an electrolysis experiment, a common enough experiment in Chemistry. In the morning, when he came back, his found that his experimental apparatus was gone. He looked around and he saw a hole in the ceiling: it had flown upstairs.

At this point he says: “I understood that it must have been a nuclear phenomenon”. I’d like to raise some objections here, it’s as if Chemistry experiments never blew up … and he was a Chemist, on top of it!

In any case, he thought is was nuclear, he believed to have discovered a nuclear reaction; and since he was using palladium as a metal, and compounds in which instead of hydrogen he had used deuterium (deuterium is “heavy” hydrogen, hydrogen with twice the mass), he thought that hydrogen and palladium were involved, and announced this in a Press conference.

He was imitated by many research groups -- even in Italy -- who went on carrying out similar electrolysis experiments for twenty years: they never got any results, just minor effects which are in fact fluctuations. The last thesis I assigned to an undergraduate before I retired was to look up the relevant results; and I was able to verify that this was exactly the case: nobody had got any results, except minor effects which are fluctuations.

We might say that this is the main line taken up by Fleischmann’s followers.

As for myself, however, two or three years after this discovery, I was at a conference in Trento, in the company of two friends, one from Cagliari, Habel, and one from Siena, Piantelli. Piantelli told us he had seen similar phenomena with hydrogen; we talked and decided to check out these effects again. The three of us all worked in Siena, as Piantelli had a lot of support there (At the time, the President of the University was [Luigi] Berlinguer, who is now an MP in the European Parliament, and he had given him a lot of help and support). We carried out the first experiments and saw the first effects.

So there were two parallel lines of research: on one side, the deuterium and palladium people, who never got anything: there’s a quite a few of them, and they believe they are the guys with results. [On the other side] we, using hydrogen and nickel, did get, at a certain point, some small effects ... not important ones. For instance, we built several devices .. we input some (electrical) energy in them, and in the end the system put out twice that amount of thermal energy. We had therefore doubled our energy. However, if we reconverted that thermal energy into electrical energy, we were right back were we started from. So this was ... a game, not a system. But this is the result we got in Siena .. and there were physical effects as well … we published them, etc. …
...
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Rossi and Focardi Energy Device - Commercial and Patent update

2011-04-15T01:42:00.000-05:00

Source: Next Big Future

1. Rossi has indicated he has an agreement signed in the US with an unrevealed that will jointly manufacture a network of plants to sell the energy device.

2. Patent filing WO/2009/125444 - Method and Apparatus for carrying out nickel and hydrogen exothermal reactions

A method and apparatus for carrying out highly efficient exothermal reaction between nickel and hydrogen atoms in a tube, preferably, though not necessary, a metal tube filled by a nickel powder and heated to a high temperature, preferably, though not necessary, from 150 to 5000C are herein disclosed. In the inventive apparatus, hydrogen is injected into the metal tube containing a highly pressurized nickel powder having a pressure, preferably though not necessarily, from 2 to 20 bars.

Talk Polywell forum indicates the patent has undergone pre-exam and has been allocated to the Class/Subclass (Stoves and Furnaces / Chemical) for examination

...
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Rossi Cold Fusion Validated by Swedish Skeptic's Society

2011-04-12T03:34:00.003-05:00

Yet another test of Andrea Rossi's Energy Catalyzer (E-Cat) has been performed on a 4.5 kW version near the University of Bologna. This time a new set of observers were present, one of which is the chairman of the Swedish Skeptics Society, who confirmed that Copper is being formed from Hydrogen and Nickel -- cold fusion!

by Hank Mills
Pure Energy Systems News

The evidence in support of Andrea Rossi's "cold fusion" or "LENR" (low energy nuclear reaction) based Energy Catalyzer continues to grow. For those who are not aware, his system combines nickel powder, hydrogen gas, and an input of pressure and heat to produce a large output of thermal energy. On March 29th, 2011 yet another test of the technology was performed at the University of Bologna. Like previous tests, the outcome was a complete success. However, this time a smaller version of the E-Cat was tested and two new observers were present.

Andrea Rossi grasps one of his new E-Cat units that offer a more compact size and higher power density.

Some well known players were present during the test. These include Andrea Rossi (the inventor of the E-Cat), Professor Sergio Focardi, Dr. David Bianchini, and of course Dr. Giuseppe Levi. Two guest observers were also present. One of the guest observers was Hanno Essen, associate professor of theoretical physics at the Swedish Royal Institute of Technology. He is also the chairman of the Swedish Skeptics Society. The other guest observer was Professor Sven Kullander of Uppsala University. He is also chairman of the Royal Swedish Academy of Sciences Energy Committee.

Read Full Article Here

How To Remove Radioactive Iodine-131 From Drinking Water

2011-04-09T19:11:00.000-05:00

Jeff McMahon
Forbes
Apr. 7 2011 - 9:03 am

The Environmental Protection Agency recommends reverse osmosis water treatment to remove radioactive isotopes that emit beta-particle radiation. But iodine-131, a beta emitter, is typically present in water as a dissolved gas, and reverse osmosis is known to be ineffective at capturing gases.

A combination of technologies, however, may remove most or all of the iodine-131 that finds its way into tap water, all available in consumer products for home water treatment.
...
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Andrea Rossi Cold Fusion Interview on Coast to Coast AM

2011-04-03T19:54:00.003-05:00

George Noory of popular late night radio broadcast Coast to Coast AM interviewed Sterling Allen of PES (Pure Energy Systems) on 3/23/2011, the 22nd anniversary of the announcement of the discovery of cold fusion by pioneers Martin Pons and Stanley Fleishman. Andrea Rossi, developer of a functioning cold fusion device (10 kW Cold Fusion Energy Catalyzer) also makes his appearance live from Italy 8 minutes 50 seconds in to the second YouTube segment of the playlist embedded below.

The technologies in the interview are covered in great detail in the Pure Energy Systems article Andrea Rossi with Sterling Allan on Coast to Coast AM.

For a detailed article on the Andrea Rossi cold fusion development, see Cold Fusion for You and Me, Kumbayah.

Valuable Information for Dietary Protection From Radioactivity

2011-04-02T05:15:00.000-05:00

Disclaimer: I am not a health professional and make no recommendations concerning any kinds of medication or nutritional supplements. In this article I am merely reporting one person's advice to another in a personal letter regarding radioactive fallout. Please consult a pharmacist or other health professional before taking any kind of medication or supplements.

Source: Glowing Conversations FaceBook Group
Author(s): Susan Williams on Wednesday, March 30, 2011 at 7:48pm.
Ricky Brandino March 30 at 7:29pm.

Hi Susan,

Here is some information you may like..........

A very clear and straight forward way to rid your body of radiation.

Nature provides for us.

At the time of the atomic bombing, Tatsuichiro Akizuki, M.D. was Director of the Department of Internal Medicine at St. Francis's Hospital in Nagasaki and he fed his staff and patients a strict diet of brown rice, miso and tamari soy soup, wakame, kombu and other seaweed, Hokkaido pumpkin, and sea salt. He also prohibited the consumption of sugar and sweets since they suppress the immune system.

Much of this positive result has to do with the fact that the sea vegetables contain substances that bind radioactive particles and escort them out of the body. This is why seaweed sales usually skyrocket after radiation disasters, and why various seaweeds and algae are typically used to treat radiation victims.

Read more »

Jeff Macke is Back Interviews Jim Rogers Concerning Japan Disasters

2011-03-25T02:21:00.002-05:00

Mr. Rogers is short term bullish the Yen (due to potential repatriations of capital back to Japan for reconstruction activities) and even bullish the US dollar which he expects to rise perhaps 20 percent. He is keeping a tight leash on his dollar long trade and will call it quits if it declines 3-4 percent from here. Eventually though, Rogers anticipates the demise of the dollar after it reaches some "tipping point". As usual, Mr. Rogers is bullish on commodities, being the most enthusiastic about agriculture but is waiting patiently as he likes to buy things at a discount. He emphasizes in the interview specifically that he is not long any energy (such as crude oil) and what sells off first may dictate what commodities he gets in to first. Rogers is also bullish on gold and silver but would prefer to buy silver opposed to gold because he sees it as being much further away from all time highs than gold which is near all time highs (e.g. at more of a discount).

Method	Cents/kW-h	Limitations and Externalities
Gas Currently supplies around 15% of the global electricity demand.	3.9 - 4.4 Cents/kW-h	Gas-fired plants and generally quicker and less expensive to build than coal or nuclear, but a relatively high percentage of the cost/KWh is derived from the cost of the fuel. Due to the current (and projected future) upwards trend in gas prices, there is uncertainty around the cost / KWh over the lifetime of plants. Gas burns more cleanly than coal, but the gas itself (largely methane) is a potent greenhouse gas. Some energy conversions to calculate your cost of natural gas per kwh. 100 cubic feet (CCF)~ 1 Therm = 100,000 btu ~ 29.3 kwh.
Coal Currently supplies around 38% of the global electricity demand.	4.8 - 5.5 Cents/kW-h	Increasingly difficult to build new coal plants in the developed world, due to environmental requirements governing the plants. Growing concern about coal fired plants in the developing world (China, for instance, imposes less environmental overhead, and has large supplies of high sulphur content coal). The supply of coal is plentiful, but the coal generation method is perceived to make a larger contribution to air pollution than the rest of the methods combined.
Nuclear Currently supplies around 24% of the global electricity demand.	11.1 - 14.5 Cents/kW-h	Political difficulties in using nuclear in some nations. Risk of widespread (and potentially lethal) contamination upon containment failure. Fuel is plentiful, but problematic. Waste disposal remains a significant problem, and de-commissioning is costly (averaging approximately US $320MM per plant in the US).