Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
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Loading ...The Italian/German 10 yr spread has widened by 14.70 % again today so far….and Italian 10 yrs are up 10 % with the 2’s up 43 % on the DAY
https://www.zerohedge.com/news/2018-06-05/italian-bonds-banks-are-blowing-out-again
I totally agree with your post re. World stock and bond markets. The cretins will do WHATEVER it takes to keep the game going.
Giant mine spewing waste for decades turns into battleground
Every year, Freeport-McMoRan Inc. dumps tens of millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is demanding the right to keep at it for decades to come.
The discharge of what are called tailings, the leftovers of mineral extraction, is perfectly legal under Freeport’s current contract with the government. But recently, after more than a year of tense negotiations over the terms of a new deal, Indonesia suddenly changed the rules: The Grasberg mine in the highlands of Papua province would have to operate by heightened standards. It shouldn’t have been a surprise, really, considering most every other miner in the world has been forced or has elected to stop discarding tailings in rivers.
Freeport, though, has said that won’t happen at Grasberg. Chief Executive Officer Richard Adkerson has been blunt about it. “You can’t put the genie back in the bottle,” he said in April. “You simply can’t say 20 years later ‘we’re going to change the whole structure’.” Grasberg’s waste management, he added, has “always been controversial.”
cont. http://www.mining.com/web/giant-mine-spewing-waste-decades-turns-battleground/
Meh, Italy is fine. Spain is fine. US Debt is fine. It’s all good, just look at the stock market…
looks like the summer doldrums are here. Just following the spring, winter and fall doldrums.
My guess its an artificially low stealth official cheap price so foreign people and banks can continue sucking away our gold. US citizens are constantly turning in old jewelry cheap, and away it goes in bar form. The rest of the world has been for 100 years a blood sucking leach on the USA.
British School Forces Boys To Wear “Gender-Neutral” Skirts Instead Of Shorts
A private secondary school in Oxfordshire, England is banning its male students from wearing shorts during the summer months, and is instead requesting that they wear a more “gender neutral” ensemble that includes that staple of men’s athletic wear: The skirt.
According to the Daily Mail, Chiltern Edge Secondary School’s rule change comes after an unfavorable ruling by a government agency tasked with overseeing educational standards.
School leaders said the skirts were a “more formal” alternative to shorts, regardless of how uncomfortable they might make male students at the school.
Unsurprisingly, parents are complaining about the bizarre school dress code, which is part of a larger trend of schools adopting “gender neutral” uniforms to make transgender students feel more at home.
Pure Gold Intersects 57.1 g/t Gold Over 22.1 Metres at Madsen
https://finance.yahoo.com/news/pure-gold-intersects-57-1-103000847.html
Looks like infill drilling
Flying High in the East, far from home.
http://railpictures.net/photo/660017/
http://www.railpictures.net/photo/660026/
Lava enters Kapoho Bay this morning. By afternoon the lava has filled the shallow bay.
Courtesy USGS.