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China To Start Losing Manufacturing Jobs, and Start A Green Economy
Just heard it on Bloomberg TV. At the same time the USA is tapering off of it’s green economy. I knew years ago that reversal would happen after the 2008 meltdown.
The entire environmental sector in my view was created decades ago in the USA to over ride manufacturing losses. Now, its FINALLY china’s turn. The global mass media will NEVER admit that environment jobs was a hoax, a job creation scheme.
They are also making some kind of adjustments to be less of an export economy, and more of an importer of consumer products, and sales and service economy like “THEY” did to the USA back in the 1970s.
It doesn’t matter WHO the president is. The world has a separate gov’t that makes global objectives and supersedes all local domestic governments. Out local politicians simply work around and adjust for global objectives, but they probably don’t even know that.
Oh not me…I think Bitcoin has launched and probably
going to $100,000 no problem. Who’s gonna stop it?
But I do think Silver will be worth high net value some day after the stock market and bitcoin both roll over simultaneously
Anyone watching Overstock.com’s stock
It’s a rocket and it has crypto ties…. i think he finally smashed these short sellers and he’s going to chew through their asses!
Bit Coin Question
When you cut a check, or wire the money, or deposit the money, WHO gets the money? Where does it go?
Left for a half hour
and looks like someone decided to dump a couple billion.
Really hoping this ends after the Fed meeting Wednesday although “hope” has been gone for quite awhile.
Maya
” Shorting the futures will NOT influence the cash price of BTC in worldwide trading.”
Wish that were so for gold!
Congo mines say revised code threatens industry’s future
DAKAR, Dec 11 (Reuters) – Mining companies in Democratic Republic of Congo said on Monday that proposed changes to the mining code adopted by the lower house of parliament last week would do lasting damage to investment in Africa’s top copper producer.
The process of revising the 2002 mining code in Congo has dragged on for over five years but the National Assembly on Friday approved a bill that would increase taxes and royalties and sent it to the upper house Senate for a second vote.
The measure would also increase the state’s minimum unpaid share of new mining projects and require that Congolese investors hold at least 10 percent of shares in large-scale mines.
In a statement, several of Congo’s largest copper and gold mines, including projects operated by Swiss-based commodities giant Glencore and London-listed Randgold Resources , said investors would look elsewhere if the code were approved by the Senate and signed into law by the president.
Bitcoin futures cannot crash BTC fundamental
Any fool that shorts the BTC futures will be handed his arse. The futures are dollar-denominated and do not influence the cash market price of BTC worldwide. You cannot take ‘delivery’ of BTC from the futures, and you cannot ‘naked short’ the actual bitcoins. Shorting the futures will NOT influence the cash price of BTC in worldwide trading.
BITCOIN FUTURES STABILIZE AT 8% PREMIUM TO SPOT AS ‘NO BRAINER’ SHORTS FAIL TO APPEAR.
INTERACTIVE BROKERS ALLOWS LONG-ONLY BITCOIN FUTURES TRADING (AT 50% MARGIN)
TALEB WARNS FUTURES TRADERS “NO WAY TO ‘PROPERLY’ SHORT BITCOIN BUBBLE” “CAN’T RULE OUT $100,000”
If anything will blow up, it will be the fiat Futures market… not actual BTC. Great entertainment! Popcorn, anyone?
Buygold @ 11:52
I’m contemplating a prayer program to the “Olde Gods.” 🙂
Yep lots of juniors doing good … although it was better earlier.
Gold & silver…phooey!
They just can’t get enough of digital/paper wealth…
Stellar 3Y Auction: Highest Bid To Cover Since Sept 2015, Foreign Demand Surges
Bitcoin futures
$17830.,up $2370. Crashed the system a couple of times. By any definition, this is a bubble. The slimeballs are on the sell side of the transactions and when they sense a little weakness, they will crash it and cash in. Bitcoin may be a medium of exchange but it is no store of value. It may go to $500,000. but it will crash and take all the little guys with it. Markets that go straight up may go very high in price but time is short and eventually runs out. I hope no one thinks the futures markets are to help the little guy. Bitcoin was listed so the vultures can drive it to zero. When the euphoria is gone, the vultures leave the roost!
rno
Ipso
Yeah, my juniors are up a little.
Mixed bag and probably will be until the Fed raises rates on Wednesday.
After that it’s anyone’s guess.
Course in the meantime the SM keeps going up.
Buygold
“Boys working hard to keep the HUI contained”
That sure looks like the case. Most PM shares but not the biggies are doing well today.
Canadian federal court rejects Taseko’s proposed $1.5bn copper-gold project
Vancouver’s Taseko Mines (TSX:TKO) has lost tandem judicial review applications to the Federal Court of Canada over the federal government’s rejection of the company’s New Prosperity Mine near Williams Lake.
The proposed $1.5 billion open-pit copper-gold mine project was rejected twice by the Canadian Environmental Assessment Agency.
Taseko filed two judicial reviews with the Federal Court, one against a decision by the Ministry of Environment and Governor in Council, and the other against a review panel report.
On December 5, the court dismissed the applications and ordered Taseko to pay the court costs to the Tsilhqot’in First Nation, which has been at the centre of the controversy, and the Government of Canada.
The Tsilhqot’in are bitterly opposed to the mine project, which lies just outside territory which the Supreme Court of Canada in 2014 recognized as Tsilhqot’in territory.
For Treefrog…
The state of office politics :
HP laptops found to have hidden keylogger
Hidden software that can record every letter typed on a computer keyboard has been discovered pre-installed on hundreds of HP laptop models.
Security researcher Michael Myng found the keylogging code in software drivers preinstalled on HP laptops to make the keyboard work.
HP said more than 460 models of laptop were affected by the “potential security vulnerability”.
It has issued a software patch for its customers to remove the keylogger.
The issue affects laptops in the EliteBook, ProBook, Pavilion and Envy ranges, among others. HP has issued a full list of affected devices, dating back to 2012.
In a statement, the company said: “HP uses Synaptics’ touchpads in some of its mobile PCs and has worked with Synaptics to provide fixes to their error for impacted HP systems, available via the security bulletin on HP.com.”
Boys working hard to keep the HUI contained
Usual suspects being pushed lower GG and NEM
Course metals pushed down as well even with the USD lower.
Bubble History
To make bigger. Right click over chart then click view image.