Friday, February 28, 2014

Weekend Chillout - Wanting

With the failure of the prominent bitcoin trading platform Mt. Gox this week there are going to be thousands of users wanting their bitcoins back. Although from initial reports it seems it will all end in tears for all concerned.

Breaking The Set - Big Brother Watching You Naked

From breakingtheset

Published on Feb 27, 2014

Abby Martin Breaks the Set on Government Voyeur Porn, Wall Street Secret Societies, Police State Round Up, and Cuban 5 Member Released.

In this episode of Breaking the Set, Abby Martin remarks on yet another NSA leak involving a program called 'Optic Nerve' where British intelligence agency GCHQ has collected the webcam images of millions of average internet users. Abby then goes over the strange rituals of secret societies, remarking on the Yale fraternity 'Skull & Bones' calling out the surreptitious behavior of two the society's most famous members including George W Bush and John Kerry.

World's biggest gold ETF eyes first monthly inflow in over a year

LONDON, Feb 27 (Reuters)

Article link

The world's largest gold-backed exchange-traded fund, New York's SPDR Gold Shares, is on track for its first monthly inflow of metal in more than a year after a run of weaker U.S. data boosted investment interest in gold.

The SPDR fund, which issues securities backed by physical metal and attracted big inflows in the wake of the financial crisis, has added 10.5 tonnes to its reserves so far this month.

That means that, barring a large outflow on Friday, February would be the first month to show an increase since December 2012.

Last year holdings of gold-backed ETFs fell by 881 tonnes, according to data from the World Gold Council and Thomson Reuters GMFS, as gold prices tumbled 28 percent. The SPDR alone saw its holdings drop by more than 550 tonnes.

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Boom Bust - Max Keiser on banker extortionists

From Boom Bust

Part two of Erin's interview with Max Keiser, who provides a definition of financialization and explains all the problems surrounding it. He believes that as long as the Fed keeps interest rates at zero, we are heading in the direction of a collapse. He also gives his colorful view on a story we covered a couple of days ago: JP Morgan and their new business model.

GCHQ caught storing Yahoo webcam images

From RT America

Published on Feb 27, 2014

The United Kingdom's Government Communications Headquarters - their version of the National Security Agency - intercepted millions of Yahoo users' webcam images, with the help of the NSA. The program, called "Optic Nerve," was revealed through documents leaked by NSA whistleblower Edward Snowden. Yahoo condemned the collection and storing of its users' webchat images. "This report, if true, represents a whole new level of violation of our users' privacy that is completely unacceptable," the company said in a statement. Ameera David finds out how the program was carried out from RT's Sara Firth in London.

Keiser Report: Triangle Of Fraud

From RT

Published on Feb 27, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the 'cling-ons' unable to afford to live in London, while in Texas, Rex Tillerson of Exxon, the man most responsible for pushing fracking across the nation, refuses to have it happen in his backyard. In the second half, Max interviews Andrew Spooner of AsiaProvocateur.blogspot.com about the economic reasons behind the ongoing protests in Thailand.

Boom Bust - Max Keiser on crypto-currencies

From Boom Bust

Published on Feb 26, 2014

Erin welcomes The Keiser Report's Max Keiser talks about Bitcoin, Mt. Gox, and a second generation crypto-currency alternative, his very own Maxcoin! Although Mt. Gox is facing trouble, Keiser doesn't believe that Bitcoin is going to lose its long term value, and he further explains why he thinks crypto-currencies have more intrinsic value than fiat currency. Watch to see what he thinks of the US dollar, the British pound, and the effect crypto-currencies have on the banking world.

Devaluing the Mediterranean

From ukipwebmaster

Bitcoin Mt. Gox and the Federal Reserve

Finally an intelligent and reasoned discussion about bitcoin and the fall of Mt. Gox.

From Stefan Molyneux

Published on Feb 26, 2014

Stefan Molyneux and Andreas Antonopoulos discuss the fall of Mt. Gox, the greatly exaggerated death of Bitcoin, the joy of failure within the Bitcoin economy, the incredible opportunity Bitcoin provides those without access to the modern banking system, and the difference between Bitcoin and the Federal Reserve System and fiat currencies worldwide.

Andreas Antonopoulos is the Chief Security Officer of Blockchain.info, a host on Let's Talk Bitcoin and an expert on Information Security and Cryptography.