Thursday, August 29, 2013

Anatomy of a Hack: How the NY Times Was Hit

Aug. 28 (Bloomberg) -- Mark Risher, CEO at Impermium, breaks down the hacking attack on the New York Times and the potential cybersecurity loopholes of new wearable technologies. He speaks on Bloomberg Television's "Bloomberg West.

The Four $1.8 Billion Destroyers Circling Syria

Aug. 28 (Bloomberg) -- As the United States weighs its options on Syria, eyes are turning to the 4 U.S. destroyers sailing just off the coast in the Mediterranean sea.

Gerald Celente on Trunews

From Gerald Celente

Published on Aug 28, 2013
Gerald Celente discusses Syria and the next chapter of America's perpetual war, the globalization of the gold market, and the turmoil spreading throughout the global economy.

As the Indian Rupee continues to Crash Gold in INR heads Higher


As Grant Williams shows in his latest "Things That Make You Go Hmm", the warnings came loud and clear, and were very explicit in the form of not one, not two, not ten, but many more sequentially imposed and escalating forms of capital controls by the Indian central bank that sought to prevent the conversion of paper into hard currency. Gold. (Which also overnight hit a record high in rupee terms).

Following are the measures taken by the central bank and the government in 2013:
  • Jan 21 - The government raises the gold import duty by 2% to 6%.
  • Jan 22 - The government more than doubles the duty on raw gold to 5%.
  • Jan 30 - Finance Minister P. Chidambaram says there are no plans for additional taxes or curbs on gold imports.
  • Feb 1 - The Reserve Bank of India (RBI) plans to introduce three or four gold-linked products in the next few months.
  • Feb 6 - The RBI says it would consider imposing value and quantity restrictions on gold imports by banks.
  • Feb 14 - The central bank relaxes rules on gold deposit schemes offered by banks by allowing lenders to offer the products with shorter maturities.
  • Feb 20 - The Trade Ministry recommends suspending cheaper gold jewellery imports from Thailand.
  • Feb 28 - India keeps its gold import duty unchanged in its annual national budget, defying industry expectations.
  • Feb 28 - India proposes a transaction tax of 0.01% on nonagricultural futures contracts, including for precious metals.
  • March 1 - The Finance Minister appeals to people not to buy so much gold.
  • March 18 - The Reserve Bank of India says it is examining banks that sell gold coins and wealth management products to identify "systemic issues", with a view to closing any legal loopholes.
  • April 2 - The Finance Ministry suggests it is unlikely to raise the import tax on gold further to avoid smuggling and would instead introduce inflation-indexed instruments.
  • May 3 - The RBI restricts the import of gold on a consignment basis by banks.
  • June 3 - The Finance Minister says India cannot afford high levels of gold imports and may review its import policy.
  • June 5 - India hikes the gold import duty by a third, to 8%.
  • June 21 - Reliance Capital halts gold sales and investments in its gold-backed funds.
  • June 24 - India's biggest jewellers' association asks members to stop selling gold bars and coins, about 35% of their business.
  • July 10 - India's jewellers announce they might continue a voluntary ban on sales of gold coins and bars for six months.
  • July 22 - The RBI moves to tighten gold imports again, making them dependent on export volumes, but offers relief to domestic sellers by lifting restrictions on credit deals.
  • July 31 - India hopes to contain gold imports well below the 845 tonnes that were shipped last year, the Finance Minister says.
  • Aug 13 - India hikes the import duty on gold for a third time in 2013, to 10%. Duties for silver and platinum are also increased to 10%. The customs duty on gold ore bars, ore, and concentrate are increased to 8% from 6%.
  • Aug 14 - India turns the screws on gold buying again, banning imports of coins and medallions and making domestic buyers pay cash.

Man on! - Obama concludes that Assad carried out chemical attack

Nigel Farage - There's no public support for a Syrian War

From ukipwebmaster

Is Syria Really Causing Gold's Rally?

From Kitco NEWS

Australian Election: A Game of Polls

The world's greatest news show is back and tackles the intricacies of the Australian election campaign.

From thejuicemedia

Published on Aug 25, 2013

Rap News season finale: Episode 20 - A Game Of Polls

A messenger raven has arrived in the Juice Media studio bearing tidings from the land of Australios: Elections are Coming. The perpetually warring factions and severely inbred families from across the Australian political sphere are squaring up in a more than usually bloody campaign. It's Right versus slightly more Right in the election to end all elections for a few years. Join Robert Foster as he meets the bloodthirsty players in this violent saga. Who will slay whom? Who will prevail and claim the Irony Throne in Canberra? Who is that mysterious platinum-haired challenger in exile overseas? All these questions and more will be ignored in this celebratory 20th episode of Rap News.

Written & created by Giordano Nanni & Hugo Farrant in a suburban backyard home-studio in Melbourne, Australia - on Wurundjeri Land.

John Embry with the Latest on Gold

From McalvanyFinancial

Jim Rogers - Prepare for market panic

From Reuters - Video link

Aug. 28 - Potential conflict in Syria and the scaling back of Fed stimulus point to a full-scale market ''mess,'' says investor Jim Rogers, with the countries running trade deficits likely to be hardest hit.