Web Reads 004

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zerohedge.com/news/2017-11-20 Amazon Announces "AWS Secret" Service For The CIA, US Intelligence

Announcing the New AWS Secret Region

We are pleased to announce the new AWS Secret Region. The AWS Secret Region can operate workloads up to the Secret U.S. security classification level. The AWS Secret Region is readily available to the U.S. Intelligence Community (IC) through the IC’s Commercial Cloud Services (C2S) contract with AWS. The AWS Secret Region also will be available to non-IC U.S. Government customers with appropriate Secret-level network access and their own contract vehicles for use of the AWS Secret Region. These contract vehicles will not be part of the IC’s C2S contract.

With the launch of this new Secret Region, AWS becomes the first and only commercial cloud provider to offer regions to serve government workloads across the full range of data classifications, including Unclassified, Sensitive, Secret, and Top Secret. By using the cloud, the U.S. Government is better able to deliver necessary information and data to mission stakeholders.

silverbullionknowledgecenter.wordpress.com The Liquidity Pyramid Part I By James Cox

The Liquidity Pyramid is a model created by John Exter (1910 – 2006) an American economist, member of the Board of Governors of the United States Federal Reserve System and founder of the Central Bank of Sri Lanka.

In the 1950’s he started to explain the economy in terms of an inverted pyramid. The basic idea of the liquidity pyramid was to convey the concept of how easily an asset could be bought or sold. In other words – how liquid it is. At the top, he placed the most risky, least liquid assets and at the bottom, the least risky, most liquid assets. Here, it might be helpful to consider the idea of ‘wealth.’ We do not really own anything; merely we have claims to ‘things.’ ‘Wealth’ is a claim to or a command of resources (land, labour, capital) that have the potential to make life ‘better’.

tomluongo.me/2017/11/28 Bitcoin, Nuclear War and the “Real World Use” Argument - Tom Luongo

investmentresearchdynamics.com/the-war The War on Gold Intensifies: It Betrays The Elitists’ Panic And Coming Defeat – Part 1

investmentresearchdynamics.com/the-war The War on Gold Intensifies: It Betrays The Elitists’ Panic And Coming Defeat – Part 2

investmentresearchdynamics.com/the-paper The Paper Gold Price Attack Cycle Is Almost Over

MiningStockEducation.com youtube channel

investmentresearchdynamics.com/the-big The Big Money Grab Is “On” As Middle America Collapses


dollarcollapse.com/precious-metals Finally, Gold Speculators Start To Bail, Setting Up A Big Q1 2018

realinvestmentadvice.com/a-question A Question for Every Investor Written by Michael Lebowitz | Dec, 13, 2017

The central banks’ goals, in general, are threefold:

  • Expand the money supply allowing for the further proliferation of debt, which has sadly become the lifeline of most developed economies.
  • Drive financial asset prices higher to create a wealth effect. This myth is premised on the belief that higher financial asset prices result in greater economic growth as wealth is spread to the masses.
    • “And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.”– Ben Bernanke Editorial Washington Post 11/4/2010.
  • Lastly, generate inflation, to help lessen the burden of debt.
    • The wealth effect is putting riches in the hands of a small minority of the population, with negligible benefits, if any, flowing to the majority of the population. Bernanke’s version of the virtuous circle, as highlighted above, is far from virtuous unless you are in the upper five to ten percent of households by wealth. To understand how a real economic virtuous circle works, we recommend you read our article The Death of the Virtuous Cycle and watch The Animated Virtuous Cycle.

      Consider a few of these facts below and whether they are sustainable:

      • U.S. yields have been among the lowest ever on record dating back to 1776
      • U.S. equity valuations have risen to levels rarely observed and from this perch have always been followed by massive losses
      • Over $9 trillion in sovereign bonds yields in many European countries and Japan have negative current yields
      • European junk-grade debt now trades at yields lower than U.S. Treasuries
      • Veolia, a French BBB rated company, recently issued a 3-year bond at a yield of -.026%.
      • Italian 3-year government bonds yield -0.337%, despite the 3rd highest debt to GDP ratio of all developed nations (132%)
      • Argentina, which has defaulted 6 times in the past 100 years, issued a $2.75 billion 100-year bond paying a paltry 8% interest
      • The BOJ owns over 75% of all Japanese ETFs
      • The Swiss National Bank owns 19.2 million shares of Apple, or 3% of total shares outstanding, and $84 billion in aggregate of U.S. stocks
      Yes, Ron, the central bankers have clearly crossed the line between free markets and government controlled markets. To answer your question about the “shakeout,” we must wait until the inevitable day comes and asset prices are in free-fall. When this occurs, we will learn the full extent of their support and how far they have crossed the line

      zerohedge.com/news Switzerland Is Well-Prepared For Civilizational Collapse - Dec 13, 2017 8:00 AM - Authord by Alex Tabarrok via MarginalRevolution.com,

      More than any other country, Switzerland’s ethos is centered around preparing for civilizational collapse. Note the number of wells and fountains.

      Verdad Article On Being Wrong

      Investors who strive to over-control, like the Yale students, are doomed to failure, because they have committed themselves to a strategy (performance chasing) that is empirically proven to limit returns. And much research has shown that even perfect strategies experience large drawdowns. Indeed, our friends at Alpha Architect designed a “perfect portfolio.” They “looked ahead” five years from portfolio formation and built portfolios of large cap stocks poised to do the best. The performance was amazing, but they also found something surprising, higher volatility and similar drawdowns compared with the market as a whole.

      alt-market.com/articles The Virtual Economy Is The End Of Freedom by Brandon Smith - Wednesday, 13 December 2017 06:35

      shtfplan.com/headline-news Former Facebook Executive: ‘You Don’t Realize It, But You Are Being Programmed’ by Mac Slavo - December 12th, 2017

      internationalman.com//articles Gold Will Soar… As China Kneecaps the Dollar by Nick Giambruno

      bullionvault.com/gold-news Phew! 'Melt Up' Back On - 12/12/2017 09:01

      bullionvault.com/interface/external_view_email Physical Gold - Why?

      zerohedge.com/news/2018-01-06 The Leveraged Economy BLOWS UP In 2018

      The Fundamentals Point To The GREAT DELEVERAGING Of The Economy... Dead Ahead

      While the mainstream media and financial networks suggest that THIS TIME IS DIFFERENT for the markets.... it isn't. The fundamentals of the markets are so out-of-whack, I am amazed people can't see it. This is also true for the Bitcoin and cryptocurrency market. While a small group of crypto-investors have made a killing, it's mostly digital wealth. While I don't have a problem with someone making profits investing in cryptocurrencies, I do have a problem when they believe this technology is the wave of the future. For some strange reason, they must believe in the ENERGY TOOTH FAIRY. While some of these cryptocurrency analysts (or supposed analysts) believe that we are heading into a new high-tech world where we no longer have to work, just live phat on our Billions in Bitcoin profits, the Falling EROI - Energy Returned On Investment never sleeps. That's correct; it continues to erode our modern way of living each passing day. Unfortunately, adding more technology does not solve our energy predicament, it just makes it worse. You see, frugality has been totally erased from Americans' mindset. By being frugal, I am talking about being extremely wise and cautious about spending ones fiat currency. Being frugal is one of the most important aspects of a successful household. However, if frugality were reintroduced to Americans, then the entire economy would collapse overnight. Why? Because, the U.S. economic model is based on buying as much as we can on debt and credit. If we moved back to being frugal or buying only with cash, then 95-98% of the U.S. economy would disintegrate. What is quite interesting about the U.S. stock and retirement market is that their values have skyrocketed while our energy consumption has remained flat since 2000. This wasn't the case from the 1950-2000 period. As U.S. energy consumption increased, so did the value of the stock market. This was also true for world GDP:

      When The Markets Crack, So Will The Price Of Oil... and with it, The Economy

      If you have been reading my analysis on energy, you would understand that oil is the KEY FACTOR to the health of our economy. It doesn't matter if we were to come up with some new energy technology like cold fusion or thorium energy reactors, they don't solve our LIQUID ENERGY PREDICAMENT. The world doesn't run on electricity; it runs on liquid oil. If you remember anything, that is one not to forget. Regardless, I have looked over cold fusion and thorium reactors (along with many other "silver-bullet" energy-saving technologies), and they just don't work. Yes, I would imagine some individuals will send me information to the contrary, but the fact remains... our retail markets are based on the just-in-time inventory system. That system needs liquid fuels to function, not electricity. So, when liquid energy runs into trouble, the world economy runs into trouble.

      peakprosperity.com/podcast Gail Tverberg: The Coming Energy Depression by Adam Taggart

      The math is straightforward, but cruel

      ChrisMartensondotcom youtube Gail Tverberg: The Coming Energy Depression