Dual Universe Of The Petro Yuan And Petro Dollar Has Arrived, It's All A...

ALL MARKETS (BONDS-INTEREST, COMMODITY, BULLION, CURRENCY, STOCKS) ARE HEADING TOWARDS A CRYPTO CURRENCY BALLAST.
WHAT IF LABOR FOLLOWS SUIT?





Bitcoin Explodes Above $14,000 - Korean PM Fears "Serious Pathological Phenomena" ==================================== THE END OF THE MAFIA PAPER WORLD POWER. PAPER CURRENCIES BEING SHREDDED LIKE PAPER. ==================================== Tyler Durden's picture by Tyler Durden Dec 6, 2017 5:54 PM Well that escalated quickly... Just a few hours ago, Bitcoin surged above $13,000 and now, on notable volume, it has reached the stunning $14,000 level... up 20% today... The real surge began at 1715ET... For those keeping track, this is how long it has taken the cryptocurrency to cross the key psychological levels: $0000 - $1000: 1789 days $1000- $2000: 1271 days $2000- $3000: 23 days $3000- $4000: 62 days $4000- $5000: 61 days $5000- $6000: 8 days $6000- $7000: 13 days $7000- $8000: 14 days $8000- $9000: 9 days $9000-$10000: 2 days $10000-$11000: 1 day $11000-$12000: 6 days $12,000-$13,000: 17 hours $13,000-$14,000: 4 hours As Bitcoin has soared, it appears traders have sold other cyrptocurrencies to chase it as Ether has dropped in sync.. One of the regions in the world with the most active Bitcoin community is South Korea where so many Koreans have embraced bitcoin that the prime minister recently warned that cryptocurrencies might corrupt the nation’s youth. As Bloomberg reports, while neighboring Japan hosts more transactions by some measures, Korea punches far above its weight: In the 24-hour period through Wednesday evening in Seoul, about 21 percent of the world’s bitcoin trades on fee-charging venues involved the Korean won, according to Coinmarketcap.com. The country accounts for about 1.9 percent of the world economy. As Korean policy makers grow increasingly worried that the mania has gone too far, the nation could become a focus for bitcoin traders around the world. Korea’s top financial watchdog, which briefly roiled cryptocurrency markets with its ban on initial coin offerings in September, said this week that it has “grave concerns” about overheated speculation and has formed a task force with other government bodies to increase supervision. Trending Articles Lewis Dartnell: How To Rebuild The World From Scratch If society collapsed overnight, how would we re-create it? Powered By While it’s unclear what measures will emerge from Korea’s cryptocurrency task force, the government seems intent on acting. The tax authority is considering a levy on cryptocurrency trading gains, Yonhap News reported on Tuesday, while Prime Minister Lee Nak-yon warned last month that cryptocurrencies could become gateways to pyramid schemes and other illicit activity if left unchecked. “If we let things continue, I feel some serious pathological phenomena could occur,” Lee said. Bitcoin’s stateless status appeals to some Koreans who’ve grown wary of keeping their savings in a country that shares a border with Kim Jong Un’s increasingly belligerent regime in North Korea, according to Kwak Keumjoo, professor of psychology at Seoul National University. “People want to take comfort in something outside and beyond the country,” Kwak said. Finally, we note that growth continues as Coinbase CEO today noted they currently have 220 customer service reps and will add 400 next year: "it's very difficult to keep up with the user influx." As CoinTelegraph reports, since China, Russia, and a few others cracked down hard on Bitcoin, it has been relatively quiet on the regulations front as Bitcoin has continued to soar unbridled. However, the head scratching on how to regulate continues. The next fear, for Former Fortress Hedge Fund Manager Michael Novogratz, is that Bitcoin’s continued rise and prominence in the mainstream media could reawaken the regulation beast. However, Novogratz still feels that Bitcoin is difficult to regulate and it will be hard for governments to make an impact immediately. Novogratz, who has been outspoken on Bitcoin for some time now, claiming it could be a bubble, but one to profit from has his concerns now. "I've got concerns that if price movements go higher, we're going to get more regulation," Novogratz said. “But I think it's hard to shut down. ... I don't think that's a probability." "One of the big risks out there right now is that prices are moving so fast that regulators are going to get nervous," he added. "I could legitimately see Bitcoin go $13,000, $14,000, $20,000, $25,000 and see somebody balk." Novogratz adds: "We're in a speculative frenzy. Period. Stop. How long can it go? Who knows," Novogratz said. "What's interesting about this is it's global." Another reason that Bitcoin has hit such heights must also be attributed to it finding its identity. Many were scratching their heads as to what Bitcoin is - a currency or an asset - but recent changes have set it straight. "Bitcoin is winning out as digital gold," Novogratz explained. "I don't think it's going to be a currency... Nothing that volatile is going to be a currency."

What Are Retail Investors Buying Right Now?

by Tyler Durden

Dec 6, 2017 10:46 AM

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Submitted by Nicholas Colas of DataTrek Research

Today we want to expand on our recent thoughts on “What are retail investors buying right now?” We showed last week, courtesy of Fidelity Investments data, that mom-and-pops are still adding to positions even on breakouts in US equities. Further, the names at the top of the retail investor league table tend to be single stock Tech names rather than ETFs. Yesterday, for example, Fido’s retail customers were net buyers of NVDA, AMZN, and BABA and those names were the most heavily traded.

One way to assess general interest in any topic is to see what “Autofills” as you start typing into a search engine box. For example, enter “Buy a” into Google, and in NYC the autofills are: "Star", “bitcoin", “car”, “domain”, “dog”.

We assume the first is a holiday gift idea and the second a reflection of the ongoing crypto craze. And “Bitcoin bites dog” does seems to capture the spirit of the age… Autofill works, after all, by using Big Data analysis to guess what you might type next based on how other users in your area completed the same initial text.

To see which specific equities search engine users express the most interesting in purchasing, we typed “Buy stock in” and then noted what Google, Yahoo and Bing came back with in terms of autofills.

For Google “Buy Stock In” the autofills were: Amazon, bitcoin, Apple, Tesla, Weed

For Yahoo!: Marijuana, Amazon, Facebook, Disney, Tesla

For Bing: Amazon, Nike, Wal-Mart, Google, Netflix

Not surprisingly, technology companies dominate popular investment interest; do not, however, slough this off as less-informed retail investors just buying what they know. The point here is that the general population thinks these are the most attractive investment ideas – stocks they want to, or wish they could, own.

This is one (of several) reasons we question the sustainability of any rotation out of the large cap Tech sector in the context of a continued bull market for US stocks generally. Simply put, for many individual investors technology IS the US equity market. And if those stocks do not continue to rise, their enthusiasm for allocating incremental capital to equities may well diminish. Will they trust a US stock market where financials or industrials are the leadership names?

It is hard to imagine “Buy stock in Citibank/JP Morgan/Wells Fargo” ever making it to the top of the autofill charts

Webbot, Clif High - Gold vs Bitcoin, Crypto Storm Signs Are Clear, Huge...

Another Step Forward For Sound Money: Location Picked For Texas Gold Depository

Another Step Forward For Sound Money: Location Picked For Texas Gold Depository

by Tyler Durden

Nov 17, 2017 12:56 PM

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Via SchiffGold.com,

The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility.

The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Federal Reserve’s monopoly on money.

Gov. Greg Abbot signed legislation creating the state gold bullion and precious metal depository in June of 2015. The facility will not only provide a secure place for individuals, business, cities, counties, government agencies and even other countries to store gold and other precious metals, the law also creates a mechanism to facilitate the everyday use of gold and silver in business transactions. In short, a person will be able to deposit gold or silver in the depository and pay other people through electronic means or checks – in sound money.

Earlier this summer, Texas Comptroller Glenn Hegar announced Austin-based Lone Star Tangible Assets will build and operate the Texas Bullion Depository. On Nov. 3, the company announced it will construct the facility in the city of Leander, located about 30 miles northwest of Austin. According to the Community Impact Newspaper, the Leander City Council has approved an economic development agreement with Lone Star. Construction of the depository is expected to begin in early 2018. Lone Star officials say it will take about a year to complete construction of the 60,000-square-foot secure facility located on a 10-acre campus.

The depository will operate out of Lone Star’s existing facilities during construction. It will provide services nationwide beginning in early 2018, with international services to be offered in the future phases, according to Community Impact.

“This state-of-the-art facility will provide tremendous benefits to the citizens of Leander and will give Texans a secure facility right here in the Lone Star State where their gold and precious metals will be kept safe and close at hand,” Hegar said in the press release.

The Texas Bullion Depository has already established an online presence. You can visit the depository website HERE.

According to an article in the Star-Telegram, state officials want a facility ‘with an e-commerce component that also provides for secure physical storage for Bullion.’ Officials say plans for a depository should include online services that would let customers accept, transfer and withdraw bullion deposits and related fees.

By making gold and silver available for regular, daily transactions by the general public, the new law has the potential for wide-reaching effect. Professor William Greene is an expert on constitutional tender and said in a paper for the Mises Institute that when people in multiple states actually start using gold and silver instead of Federal Reserve notes, it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money.

“Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do will lead to a ‘reverse Gresham’s Law’ effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve notes).

“As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the state’s treasury, an influx of banking business from outside of the state – as people in other states carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve notes for any transactions.”

University of Houston political science professor Brandon Rottinghaus called the development of a state gold depository a step toward independence.

“This is another in a long line of ways to make Texas more self-reliant and less tethered to the federal government. The financial impact is small but the political impact is telling, Many conservatives are interested in returning to the gold standard and circumvent the Federal reserve in whatever small way they can.”

The Texas gold depository will create a mechanism to challenge the federal government’s monopoly on money and provides a blueprint for other states to follow. If the majority of states controlled their own supply of gold, it could conceivably make the Federal Reserve completely irrelevant.

The depository is part of a broader movement at the state level to facilitate sound money, and potentially undermine the Fed’s money monopoly. A number of states have repealed taxes on the sale of gold and silver over the last two years, and that trend is expected to continue. A legislator in Alabama has already filed a bill to repeal the sales and use tax on gold, silver, platinum, and palladium bullion and coins in that state. As Ron Paul has said, “We ought not to tax money – and that’s a good idea. It makes no sense to tax money.”

Reporting from the Tenth Amendment Center contributed to this report.

Project Manhattan - Nazi Uranium U-Boat U-234

THE FIRST NUCLEAR POWERED PAPER CURRENCY OF 1945.

To save two German bombs falling into the hands of Stalin, Patton took charge of them and u boat  U238, with Gen. Kammler corrected its route. Instead of Japan, they docked in NY and Oppenheimer was there to personally take charge because the US had no uranium at this point.

In exchange, Hitler was given safe passage to Antartica.

Patton paid with his life for this deal.

The Bretton Woods conference took place in June of 1945 and by August, these 2-bombs ignited over  Japanese civilians, without much damage.

Hence, the nuclear powered Ponzi Dollar took charge and backed by gold up to 1971.

The damage was the results of carpet bombings which caused the deaths of over 120,000-Japanese and Germans in Dresden.

https://www.youtube.com/watch?v=YLKQ5LJV4Io

Anonymous - Something is Definitely Coming! (2017-2018)