US Mint Sees “Astounding” Demand For Silver Coins

Submitted by Mark O’Byrne  –  GoldCore

The U.S. Mint is seeing “astounding” demand for gold and particularly silver coins as covered by us in recent months and as noted by Frank Holmes of U.S. Funds writing in Gold Seek today.

In his excellent weekly SWOT analysis – strengths, weaknesses, opportunities and threats – of the precious metal markets, Holmes notes that:


Over the past five days investors bought 26.8 metric tonnes of bullion through exchange-traded products backed by the metal, according to Bloomberg (see chart above). In addition, Reuters says gold and silver demand is off the charts; the U.S. Mint sold nearly as much gold on the first day of 2016 as in all of January 2015, with silver sales equally as astounding.

Read the Full Article –
SWOT Analysis: U.S. Mint Reports Astounding Gold and Silver Demand

There Is NO Justice In America

Submitted by Dr. Paul Craig Roberts – Institute for Public Economy

Sixteen years ago my colleague, Lawrence Stratton, and I published a book about how American citizens lost the protection of law. Yesterday Chris Hedges explained this loss very well. I recommend to you his article:

The Mirage of Justice

By Chris Hedges

January 18, 2016 “Information Clearing House” – “Truth Dig” –   If you are poor, you will almost never go to trial—instead you will be forced to accept a plea deal offered by government prosecutors. If you are poor, the word of the police, who are not averse to fabricating or tampering with evidence, manipulating witnesses and planting guns or drugs, will be accepted in a courtroom as if it was the word of God. If you are poor, and especially if you are of color, almost anyone who can verify your innocence will have a police record of some kind and thereby will be invalidated as a witness. If you are poor, you will be railroaded in assembly-line production from a town or city where there are no jobs through the police stations, county jails and courts directly into prison. And if you are poor, because you don’t have money for adequate legal defense, you will serve sentences that are decades longer than those for equivalent crimes anywhere else in the industrialized world.

If you are a poor person of color in America you understand this with a visceral fear. You have no chance. Being poor has become a crime. And this makes mass incarceration the most pressing civil rights issue of our era.

The 10-part online documentary “Making a Murderer,” by writer-directors Moira Demos and Laura Ricciardi, chronicles the endemic corruption of the judicial system. The film focuses on the case of Steven Avery and his nephew, Brendan Dassey, who were given life sentences for murder without any tangible evidence linking them to the crime. As admirable as the documentary was, however, it focused on a case where the main defendant, Avery, had competent defense. He was also white. The blatant corruption of, and probable conspiracy by, the Manitowoc County Sheriff’s Office in Wisconsin and then-Calumet County District Attorney Ken Kratz is nothing compared with what goes on in the well-oiled and deeply cynical system in place in inner-city courts. The accused in poor urban centers are lined up daily like sheep in a chute and shipped to prison with a startling alacrity. The attempts by those who put Avery and Dassey behind bars to vilify them further after the release of the film misses the point: The two men, like most of the rest of the poor behind bars in the United States, did not receive a fair trial. Whether they did or did not murder Teresa Halbach—and the film makes a strong case that they did not—is a moot point.  Continue reading


Submitted by J.C. Collins  –  philosophyofmetrics

The World Economic Forum is publishing a study which states that 5 million jobs will be lost to advances in artificial intelligence, robotics, genetics, and other advancements by the year 2020. This study correlates well with other policy papers by some banks and international institutions which suggest that 80% of human jobs will be replaced by 2030 or 2040.

There are some obvious questions which arise. What will replace these lost jobs?  How will humans earn a living when there are no jobs to replace the ones which have been taken over by Robbie Robot? And how does this connect to the multilateral monetary transition?

It is estimated that there are very few jobs which cannot be replaced by the merging of AI and robotics.  When we add in the advancements in genetics, a disturbing trifecta of transhumanism emerges.  But I digress.

The human fields of labor and study which will be replaced include medicine – with doctors, especially general practitioners being hit the hardest, engineering, basic movement labor functions, office and clerical work, machine operation – such as autonomous machinery in mining and other operations, technicians – machines fixing machines, and numerous other fields.

The technological advancement which is taking place serves as a method of consolidation.  There are other areas where a trend of consolidation can be defined and studied.  The obvious one for most readers here is the consolidation of the international monetary system through re-balancing and implementing a multilateral monetary framework.

The globalization of central banks which will take place as a part of this transition will serve to consolidate the fiscal policies of all countries and regions under one supra-national authority.  The end goal of this transition is the probable reason why there is so much confusion and obfuscation regarding the methodology of the process itself.

Another area of consolidation is the increasing spread of socialism.  Here we have two opposing positions, one represented by democracy and capitalism, and the other fascism and communism.  All blending and consolidating from different directions into the one emerging socialist governance framework.

So here we have three paths of consolidation which have been clearly defined and widely discussed everywhere from academia to alternative news and opinion sources.  It can be argued that all three feed on one another and are connected through an underlying current of socialists’ machinations. Continue reading

The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

Global Shareholders Have $27 Trillion Locked in Bear Markets (BBG)
US Futures Drop With Asia Stocks as Oil Falls (BBG)
Emerging Markets Lost $735 Billion in 2015, $2 Trillion in 2016 (BBG)
US Oil Posts Biggest One-Day Percentage Loss Since September (WSJ)
Energy Sector’s Default Risk Higher Than In Great Recession (MW)
Some Bankrupt Oil and Gas Drillers Can’t Give Their Assets Away (BBG)
PBOC Injects Most Cash in Three Years in Open-Market Operations (BBG)
China Stock Rout Seen Getting Uglier as Derivative Trigger Looms (BBG)
China Is Drowning In Private Sector Debt (Ormerod)
Deutsche Bank Shares Fall 6% On News Of €2.1 Billion Loss (BBG)
One In 6 Americans Go Hungry, One In 3 Kids Will Develop Diabetes (Ind.)
For the Sake of Capitalism, Pepper Spray Davos (Yra Harris)
6 Years Suffering The Violence Of A 1,000 Economic Cuts (DI)
We’ve Hugely Underestimated The Overfishing of The Oceans (WaPo)
Italy’s Blockbuster Quo Vado? Draws On Bitter Economic Reality (Guardian)
EU Chief Tusk Gives Refugee Plan 2 Months To Work (AP)
‘We Will Come To Athens And Burn Them All’: Protest Returns To Greece (Guardian)
IMF Cancels Systemic Exemption Rule Created In 2010 To Bail Out Greece (AFP)
Greece Re-Opens Refugee Camp On Border in Sub-Zero Weather (Kath.)
Two Refugees –One 5-Year Old Child– Die Of Hypothermia Off Lesvos (Kath.)