Sunday, November 29, 2015
Weekend Chillout - Chains
Tina Arena, Jessica Mauboy and The Veronicas singing "Chains" live at the ARIA Awards in Australia - 26th November 2015
Tuesday, November 24, 2015
Monday, November 23, 2015
Saturday, November 21, 2015
Weekend Chillout - Leave It All Behind
With all the bad news at the moment, I thought we would take a moment to leave it all behind with my favourite Australian R&B band Saskwatch
Wednesday, November 18, 2015
Sunday, November 15, 2015
The Root of Gold Conspiracy Theories
By Keith WeinerArticle link
November 10, 2015
Most people who own or trade gold have a higher price in mind, a price determined by what they think the metal is worth in dollar terms. That’s normal. However, some make a leap from the fact that gold doesn’t trade at this price today, to belief in manipulation. Short sellers—who are sometimes supposed to be illegally profiting, and sometimes said to be not-for-profit—come in to the market and sell the metal down. Or so the theory claims.
This theory is not true, and I plan to show the data to prove it in a future article. For now, I want to discuss the fallacy at the core of it.
The error is dollar thinking.
What do I mean? Simply, most people assess the value of something based on its price in dollars. If nefarious parties could somehow suppress the price of gold, then they could undermine its value. That would be an evil act. How could one not feel something, at such a crime against the natural order? It’s personal too, an attack on your very wealth. You buy gold to protect yourself from a likely dollar collapse, and instead find you are losing your wealth. You’re forfeiting it to the very monetary planners from whom you thought gold would protect you from in the first place: the central banks.
Let me suggest that this is the wrong way to think about it. Gold does not go down (or up). Gold cannot be properly measured in dollars.
Let’s start with an example of measurement. Suppose you’re cutting some boards to build a house. You use a meter stick to tell you the length. For example, a board is 3 meters long. You would never wonder how many boards long a meter is. That’s because a board is not a good measure of length. The length of one board is not the same as the length of another. And, the length can change, for example by cutting it with a saw. The meter doesn’t change, but boards do. Therefore, boards are measured in meters.
The same applies to economic value. The value of the dollar varies from one day to the next and, of course, it falls over long periods of time.
So the question is not: how many dollars is an ounce of gold worth? The question is: how many ounces is a dollar worth? Far less than an ounce, it’s about 27 milligrams.
When you look at this way, things becomes clearer. It’s the dollar that goes down, not gold that goes up (the dollar can also go up, as it has since 2011, due to pressure on debtors).
One implication of this is that a rising gold price does not provide a profit to gold owners. Sure you have more dollars, but each dollar is worth proportionally less. For example, if the price of gold in dollars goes from $1,110 to $2,220, then that’s just the mirror image of the dollar going from 28 to 14 mg gold.
Conversely, if the price of gold falls, it’s just an increase in the dollar. So what? If the dollar goes up, it is not important (or permanent). Why worry if the price of something you don’t own goes up? I didn’t own bitcoin when it went up from a few dollars to $1,200. I didn’t worry about it, either.
Many gold owners do worry about a rising dollar, which they think of as a falling price. Why? They say the dollar will soon be worthless (it will be worthless one day, but not as soon as many say), so they buy gold. And then they get upset when the collapse doesn’t happen, and the dollar strengthens.
The dollar collapse is just their backstory. The real reason they buy gold is to sell it. They want more dollars, no matter what they say about hyperinflation. They want profits, which they think of in dollar terms. As I said above, you can’t profit from a rising gold price (unless you use leverage).
So cheer up. Most people do have a dollar income and assets. A dollar collapse will be a disaster, but a flat or falling price of gold supports the dollar, and hence, most people.
If you have a dollar denominated income or assets, then here is a simple step you can take. Measure it in gold. For example, suppose you have real estate and stocks totaling $1,100,000. Divide that by the current price of gold—about $1100—and you are worth 1,000 ounces. If it goes down next year, despite hard work and risk, then you have become poorer. You would actually have been better off simply holding gold—even if your net worth goes up in dollar terms.There’s no reason to sweat a drop in the gold price or cheer a rise.
Inside Story: How should France deal with aftermath of Paris attacks?
From Al Jazeera English
Published on Nov 14, 2015
Presenter: Adrian FinighanGuests:Julien Theron - Political Scientist at the University of Versailles and Paris.Francesco Ragazzi - Associate Scholar at the Centre for International Studies and Research.Virginie Guiraudon - Research Professor, Centre for European Studies in Paris.
Published on Nov 14, 2015
Presenter: Adrian FinighanGuests:Julien Theron - Political Scientist at the University of Versailles and Paris.Francesco Ragazzi - Associate Scholar at the Centre for International Studies and Research.Virginie Guiraudon - Research Professor, Centre for European Studies in Paris.
Saturday, November 14, 2015
Saturday, November 7, 2015
Thursday, November 5, 2015
9/11 Fourteen Years Later
By Paul Craig Roberts
Article link
Millions of refugees from Washington’s wars are currently over-running Europe. Washington’s 14-year and ongoing slaughter of Muslims and destruction of their countries are war crimes for which the US government’s official 9/11 conspiracy theory was the catalyst. Factual evidence and science do not support Washington’s conspiracy theory. The 9/11 Commission did not conduct an investigation. It was not permitted to investigate. The Commission sat and listened to the government’s story and wrote it down. Afterwards, the chairman and cochairman of the Commission said that the Commission “was set up to fail.” For a factual explanation of 9/11, watch this film: https://www.youtube.com/watch?v=OsoY3AIRUGA&feature=youtu.be
Here is a presentation by Pilots For 9/11 Truth: https://www.youtube.com/watch?v=-Laaq44SDgg
Here is an extensive examination of many of the aspects of 9/11: http://www.luogocomune.net/site/modules/sections/index.php?op=viewarticle&artid=167
Phil Restino of the Central Florida chapter of Veterans For Peace wants to know why national antiwar organizations buy into the official 9/11 story when the official story is the basis for the wars that antiwar organizations oppose. Some are beginning to wonder if ineffectual peace groups are really Homeland Security or CIA fronts?
The account below of the government’s 9/11 conspiracy theory reads like a parody, but in fact is an accurate summary of the official 9/11 conspiracy theory. It was posted as a comment in the online UK Telegraph on September 12, 2009, in response to Charlie Sheen’s request to President Obama to conduct a real investigation into what happened on September 11, 2001.
http://www.telegraph.co.uk/news/celebritynews/6177194/Charlie-Sheen-urges-Barack-Obama-to-reopen-911-investigation-in-video-message.html#disqus_thread
The Official Version of 9/11 goes something like this:
Directed by a beardy-guy from a cave in Afghanistan, nineteen hard-drinking, coke-snorting, devout Muslims enjoy lap dances before their mission to meet Allah. Using nothing more than craft knifes, they overpower cabin crew, passengers and pilots on four planes.
And hangover or not, they manage to give the world’s most sophisticated air defence system the slip.
Unfazed by leaving their “How to Fly a Passenger Jet” guide in the car at the airport, they master the controls in no-time and score direct hits on two towers, causing THREE to collapse completely.
The laws of physics fail, and the world watches in awe as asymmetrical damage and scattered low temperature fires cause steel-framed buildings to collapse symmetrically through their own mass at free-fall speed, for the first time in history.
Despite their dastardly cunning and superb planning, they give their identity away by using explosion-proof passports, which survive the destruction of steel and concrete and fall to the ground where they are quickly discovered lying on top of the mass of debris.
Meanwhile in Washington
Hani Hanjour, having previously flunked Cessna flying school, gets carried away with all the success of the day and suddenly finds incredible abilities behind the controls of a jet airliner. Instead of flying straight down into the large roof area of the Pentagon, he decides to show off a little. Executing an incredible 270 degree downward spiral, he levels off to hit the low facade of the Pentagon. Without ruining the nicely mowed lawn and at a speed just too fast to capture on video.
In the skies above Pennsylvania
Desperate to talk to loved ones before their death, some passengers use sheer willpower to connect mobile calls that would not be possible until several years later.
And following a heroic attempt by some to retake control of Flight 93, the airliner crashes into a Pennsylvania field leaving no trace of engines, fuselage or occupants except for the standard issue Muslim terrorist bandana.
During these events
President Bush continues to read “My Pet Goat” to a class of primary school children.
In New York
World Trade Center leaseholder Larry Silverstein blesses his own foresight in insuring the buildings against terrorist attack only six weeks previously.
In Washington
The Neoconservatives are overjoyed by the arrival of the “New Pearl Harbor,” the necessary catalyst for launching their pre-planned wars.
Article link
Millions of refugees from Washington’s wars are currently over-running Europe. Washington’s 14-year and ongoing slaughter of Muslims and destruction of their countries are war crimes for which the US government’s official 9/11 conspiracy theory was the catalyst. Factual evidence and science do not support Washington’s conspiracy theory. The 9/11 Commission did not conduct an investigation. It was not permitted to investigate. The Commission sat and listened to the government’s story and wrote it down. Afterwards, the chairman and cochairman of the Commission said that the Commission “was set up to fail.” For a factual explanation of 9/11, watch this film: https://www.youtube.com/watch?v=OsoY3AIRUGA&feature=youtu.be
Here is a presentation by Pilots For 9/11 Truth: https://www.youtube.com/watch?v=-Laaq44SDgg
Here is an extensive examination of many of the aspects of 9/11: http://www.luogocomune.net/site/modules/sections/index.php?op=viewarticle&artid=167
Phil Restino of the Central Florida chapter of Veterans For Peace wants to know why national antiwar organizations buy into the official 9/11 story when the official story is the basis for the wars that antiwar organizations oppose. Some are beginning to wonder if ineffectual peace groups are really Homeland Security or CIA fronts?
The account below of the government’s 9/11 conspiracy theory reads like a parody, but in fact is an accurate summary of the official 9/11 conspiracy theory. It was posted as a comment in the online UK Telegraph on September 12, 2009, in response to Charlie Sheen’s request to President Obama to conduct a real investigation into what happened on September 11, 2001.
http://www.telegraph.co.uk/news/celebritynews/6177194/Charlie-Sheen-urges-Barack-Obama-to-reopen-911-investigation-in-video-message.html#disqus_thread
The Official Version of 9/11 goes something like this:
Directed by a beardy-guy from a cave in Afghanistan, nineteen hard-drinking, coke-snorting, devout Muslims enjoy lap dances before their mission to meet Allah. Using nothing more than craft knifes, they overpower cabin crew, passengers and pilots on four planes.
And hangover or not, they manage to give the world’s most sophisticated air defence system the slip.
Unfazed by leaving their “How to Fly a Passenger Jet” guide in the car at the airport, they master the controls in no-time and score direct hits on two towers, causing THREE to collapse completely.
The laws of physics fail, and the world watches in awe as asymmetrical damage and scattered low temperature fires cause steel-framed buildings to collapse symmetrically through their own mass at free-fall speed, for the first time in history.
Despite their dastardly cunning and superb planning, they give their identity away by using explosion-proof passports, which survive the destruction of steel and concrete and fall to the ground where they are quickly discovered lying on top of the mass of debris.
Meanwhile in Washington
Hani Hanjour, having previously flunked Cessna flying school, gets carried away with all the success of the day and suddenly finds incredible abilities behind the controls of a jet airliner. Instead of flying straight down into the large roof area of the Pentagon, he decides to show off a little. Executing an incredible 270 degree downward spiral, he levels off to hit the low facade of the Pentagon. Without ruining the nicely mowed lawn and at a speed just too fast to capture on video.
In the skies above Pennsylvania
Desperate to talk to loved ones before their death, some passengers use sheer willpower to connect mobile calls that would not be possible until several years later.
And following a heroic attempt by some to retake control of Flight 93, the airliner crashes into a Pennsylvania field leaving no trace of engines, fuselage or occupants except for the standard issue Muslim terrorist bandana.
During these events
President Bush continues to read “My Pet Goat” to a class of primary school children.
In New York
World Trade Center leaseholder Larry Silverstein blesses his own foresight in insuring the buildings against terrorist attack only six weeks previously.
In Washington
The Neoconservatives are overjoyed by the arrival of the “New Pearl Harbor,” the necessary catalyst for launching their pre-planned wars.
Monday, November 2, 2015
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