Monday, July 23, 2018

SGT

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The Mighty U.S. Shale Oil Industry To Lose Another $20 Billion In 2017

by Steve St. Angelo, SRSRocco Report:
Well, it looks like the U.S. shale oil industry is going to chalk up another lousy year of financial losses in 2017. This shouldn’t be a surprise as the U.S. shale oil industry hasn’t made any real money since 2008. However, I still read articles suggesting that the United States will still become energy independent by ramping up its Mighty Shale Oil Machine.

Unfortunately, the country’s shale oil industry will never allow the United States to become energy independent, but it will sure go BROKE trying to do so.

According to the article by Nick Cunnigham, Is Wall Street Funding A Shale Failure, he made the following remarks:

Mysterious Hacker ‘Johnnie Walker’ Steals Private Emails Of Leading State Department Expert On Russia

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by Jim Hoft, The Gateway Pundit:
The plot thickens, as the saying goes. As the “Trump-Russia collusion” story heats up, a new piece to the story emerges, with a little-known hacker who goes by the name “Johnnie Walker,” stealing the private emails of a top State Department expert on Russia.

According to Newsweek:

A hacker claimed Tuesday to be in possession of emails taken from a top State Department official who focuses on “secret” intelligence work by the diplomatic agency toward Russia, and some of the emails included exchanges between the official and Central Intelligence Agency officers, Foreign Policy reported Friday.

ILLICIT DARK WEB MARKET ‘ALPHABAY’ SHUT DOWN BY LAW ENFORCEMENT

by Mikael Thalen, InfoWars:
An online marketplace that sold illegal goods on the Dark Web has been shut down following a multinational law enforcement effort.

AlphaBay, a site which facilitated the sale of items such as drugs, stolen credit card numbers and weapons, unexpectedly went offline last week as raids were carried out in the US, Canada and Thailand.

Research Team Slams Global Warming Data In New Report: “Not A Valid Representation Of Reality… Totally Inconsistent With Credible Temperature Data”

by Mac Slavo, SHTF Plan:
As world leaders, namely in the European Union, attack President Trump for pulling out of the Paris Climate Agreement which would have saddled Americans with billions upon billions of dollars in debt and economic losses, a new bombshell report that analyzed Global Average Surface Temperature (GAST) data produced by NASA, the NOAA and HADLEY proves the President was right on target with his refusal to be a part of the new initiative.

According to the report, which has been peer reviewed by administrators, scientists and researchers from the U.S. Environmental Protection Agency (EPA), The Massachusetts Institute of Technology (M.I.T.), and several of America’s leading universities, the data is completely bunk:

Exclusive Interview with Axel Merk on Diversifying with Gold & Cash

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by Mike Gleason, Money Metals:
Coming up we’ll hear from Axel Merk, President and Chief Investment Officer of Merk Investments and manager of the Merk Funds. Axel breaks down investor complacency, the risk of putting too much money into risk assets and gives advice on the proper weighting of precious metals in your own portfolio. Don’t miss a sensational interview with Axel Merk, coming up after this week’s market update.

Precious metals markets saw a bit of a relief rally this week off deeply depressed sentiment. The silver futures markets entered trading Monday with a record high in non-commercial speculative short positions. That’s often a contrarian indicator which suggests bearish sentiment has gotten excessive.

The extreme silver short position doesn’t necessarily mean a major bottom in silver prices is in. But it does indicate that a rally of at least some significance is likely to unfold soon.

Click HERE to Listen

Trump’s War on Pedophiles Just Went Hot

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from Rogue Money:
“My Administration is focused on ending the horrific practice of human trafficking, and the three bills the House of Representatives passed today are important steps forward. Since taking office, I have met with courageous survivors, non-profit groups, and faith leaders who are devoting tremendous energy to raising awareness about human trafficking. I am hopeful that the Senate will take up and pass these three bills as soon as possible and I look forward to my continued work with the Congress on this important issue.” — Statement from President Donald J. Trump on the Passage of H.R. 2664, H.R. 2480, and H.R. 2200, July 12, 2017

COT Report Gets Even More Favorable For Gold And Silver

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by John Rubino, Dollar Collapse:
Just a quick, happy update on the gold/silver COT reports. See last week’s post for a little more background.

Speculators are running scared in the paper precious metals markets. And that’s a good thing.

The past few months’ correction has finally led hedge funds and other technical/momentum traders to shed their long positions and load up on short bets. Meanwhile the Commercials, which tend to be right at big turning points, are becoming much more bullish.

Historically, the kind of internal structure now evolving in the futures market has signaled the start of a new upswing in prices. That may or may not hold this time around. But if it’s not a screaming buy, it is an indication that that day is getting closer.

Bitcoin & All Cryptocurrencies Are Collapsing! We Are Witnessing The End of Blockchain!

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by Jeff Berwick, The Dollar Vigilante:
Just kidding, again.

We are continuing to see bitcoin and most other cryptocurrencies sell-off, however, just as we said they should and would do after such a parabolic spike higher in the last few months.

Bitcoin has fallen the least of the major cryptocurrencies… again, just as we said it would.
It has fallen 26{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} from its high 34 days ago.

How to Build a Creative Renaissance – Decentralize or Die (Part 4)

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by Michael Krieger, Liberty Blitzkrieg:
Man cannot do without beauty, and this is what our era pretends to want to disregard. It steels itself to attain the absolute and authority; it wants to transfigure the world before having exhausted it, to set it to rights before having understood it. Whatever it may say, our era is deserting this world.

– Albert Camus

The first three parts of this series largely focused on how decentralization is necessary in the political realm and should be applied more aggressively to governing structures. I believe moving to such a model is no longer just a quaint option, but absolutely required if we want to expand human liberty and build more voluntary, ethical and sane communities. That being said, decentralization can and should be applied to as many aspects of life as possible.