Wednesday, February 26, 2020

Focus on Fundamentals: Revival in the Chinese Jewelry Market

by Peter Schiff, Schiff Gold:

The Chinese gold jewelry market reversed three years of declines in 2017, marking its first gain since a 2013 boom. According to a report released by the World Gold Council, the modest increase in gold jewelry demand last year could mark a return to sustained growth thanks to continued efforts to reinvigorate the industry through innovation, along with growing Chinese incomes.

The Chinese jewelry market is an important component in the overall global demand for gold. Jewelry accounts for more than half the yearly gold demand, and the Chinese make up about 30% of the gold jewelry market.

Ecuadorian Official Implies Resolution To Assange’s Isolation May Be Imminent

by Elizabeth Vos, Disobedient Media:

Disobedient Media has consistently reported on the ongoing isolation of Wikileaks Editor-In-Chief Julian Assange within the Ecuadorian embassy in London. At the time of writing, 80 days have passed since Assange has been able to receive visitors, make phone calls, or communicate with the outside world, effectively transforming his asylum into solitary confinement, a recognized form of torture.

With his sixth anniversary since seeking asylum is the Embassy rapidly approaching, pressure has escalated on the Ecuadorian government to resolve the situation in a humane manner.

Recent statements made by an Ecuadorian official, as reported by The Courage Foundation, indicated that:

Why the World’s Most Expensive City Is Running to Bitcoin

by Doug Casey, Casey Research:

You’ll never guess the world’s most expensive city.

It’s not Zurich. It’s not Tokyo. It’s not Seoul, either.

No. It’s Caracas, Venezuela. Strange, huh? After all, Venezuela isn’t a rich country. It’s in the Third World.

But there’s a simple reason why Caracas tops this list.

• Inflation is skyrocketing in Venezuela…

Now, it’s hard to say exactly how high inflation is in Venezuela right now. That’s because the government stopped publishing inflation data two years ago.

Uruguay: First Nation To Legalize Marijuana Can’t Keep Up With Demand

by Aaron Kesel, Activist Post:

Five years after becoming the first nation to fully legalize marijuana, Uruguay is struggling to keep up with the demand by consumers of cannabis, High Times reported.

The South American country was the first nation to legalize marijuana in 2013. However, the legal sales of cannabis began just last year and is still struggling to keep users within the law by purchasing from pharmacies. The law allows registered consumers to purchase up to 40 grams (nearly 1.5 ounces) of cannabis at participating pharmacies every month. There is just one problem: only 14 of approximately 1,200 pharmacies in the country have registered to sell cannabis.

Keiser Report: Delete Facebook! Create Secure Social Media Platform (E1240)

from RT:

In the second half, Max and Stacy continue talking about Facebook and their plan to introduce advertising to WhatsApp, despite their 2014 promises not to do that. They also discuss Kim Dotcom’s call for competitors to Twitter and Facebook. Stacy ditches Twitter for Minds.com and Max recounts a story from Times Square.

Of Carrots, Sticks and How the Empire Fails

by Tom Luongo, Tom Luongo:

It’s important for bullies to always win. Because once their weakness is exposed they can no longer be bullies.

Empires don’t start out as bullies. They start out as the reaction to the last Empire which became a bully after embracing hubris over humility.

Empires have to resort to bullying near the end because they are fundamentally weak. They all over-extend themselves through currency debasement which, in turn, degrades the cultural advantage the society had over the previous Empire.

The Absolute End of Free Speech In the EU and the US

by Dave Hodges, The Common Sense Show:

Have you noticed that all of your electronic carriers are saying that they are restructuring their copyright and privacy because of a change in European Internet laws. What they should be telling you is that Google, Facebook, Twitter, etc, plan to block you from posting anything if you are not a preferred liberal.

Watch this video, it will scare the hell out of you. Click it twice, because the video gives the illusion that it does not work and youtube has taken it down. It works.

The U-Verify Report: Gun Control Is a Worldwide Failure (VIDEO)

by Waldemar Perez, The Sleuth Journal:

Waldemar Perez discusses gun control and the variety of countries that have seen a rising murder rate once stricter gun control laws were implemented. He then showcases a number of countries who have decided to reduce gun restrictions as an effort to combat high crime rates.

Perez then directs his focus on the United States, where the problems of gun restriction couldn’t be more pronounced. See portlandfeed dot com to find all the links to these studies and articles so that you can perform your own analysis, verification and scrutiny.

Blackstone Becomes Biggest Hotel & Property Owner in Spain

by Wolf Richter, Wolf Street:

The PE firm as global landlord.
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET.
Private equity firm Blackstone, the undisputed king of property funds, continues to bet big on global real estate. In the last week it raised $9.4 billion for Asian real estate. It was also given the green light to acquire Spain’s biggest real estate investment fund (REIT), Hispania, for €1.9 billion. The move, after its prior acquisitions, will cement its position as Spain’s biggest hotel owner and fully private landlord.

Hispania’s 46 hotels, added to Blackstone’s other hotels, will turn the PE firm into Spain’s largest hotelier with almost 17,000 rooms, far ahead of Meliá (almost 11,000), H10 (more than 10,000) and Hoteles Globales (just over 9,000).

Russian Hedge Fund Manager Disappears With $250 Million Of Client Money

from ZeroHedge:

We have seen this story play out before.

Russian fund manager and entrepreneur, German Lillevyali, who is – or was – President of GL Financial Group, a Swiss- and U.K.-licensed asset manager with branches in Moscow, Zurich, Geneva, London, Cyprus, and Belize, has disappeared without a trace. The professional investors who according to Bloomberg had $250 million under management at the end of last fiscal year, may have disappeared to Cyprus or some other Russia-friendly jurisdiction.

QUITE A DAY: GOLD UP $7.10 TO $1304.80/SILVER UP 30 CENTS TO $17.25 AND THIS OCCURRED DESPITE THE HUGE RISE IN THE DOLLAR INDEX

by Harvey Organ, Harvey Organ Blog:

GOLD COMEX STILL COMATOSE/CHINA’S ECONOMY SLOWING DOWN WITH TODAY’S BAD TRIO OF NUMBERS/THE EURO GETS CLOBBERED DESPITE THE FACT THAT THEY ARE GOING TO CURTAIL QE/ECB ALSO ANNOUNCED THAT INTEREST RATES WILL REMAIN THIS LOW FOR AT LEAST ONE MORE YEAR UNTIL THE SUMMER OF 2019/THE RISE IN THE DOLLAR CLOBBERED EMERGING MARKETS AS WE WITNESS RECORD LOWS IN THE ARGENTINIAN PESO, BRAZILIAN REAL, TURKISH REAL/MEXICAN PESO/I.G. REPORT OUT AND IT IS UNDERWHELMING/MEGA SWAMP STORIES FOR YOU TONIGHT