What We’re Watching

In no particular order and with no ranking of importance as we see it: Global seismic and geothermal activity. Are the events linked and if so will activity increase? Japanese monetary policy. Will Abenomics finally implode and take the Japanese bond market with it? The US presidential race. What happens with and around Trump may Continue reading »

Bits and Pieces – 20170731, Monday

Commentary: I want to explain why Bitcoin can never be a viable currency. My understanding of Bitcoin is that there is an upper limit on the number of coins that can ever exist, somewhere around 21 million. The block-chain, as I understand it is simply a security paradigm for the system.

If bitcoin were only to be used to buy potatoes, the question of their relative values might be settled by adding the weights of all the potatoes in the world and saying that this is equivalent to the total number of bitcoins since bitcoins are assumed to be worth nothing for any other purchase. Let’s say that one ton of potatoes is equivalent (worth) 2.4 bitcoins (which hides the problem of fractional bitcoins – what are they and how do you manage them?).

Suppose next year there is a bumper crop of potatoes. There are twice as many potatoes but the same number of bitcoins. The value of a potato relative to a bitcoin has been cut in half.

Suppose farmers can agree that a bushel of wheat is equivalent to 10 pounds of potatoes. Further, they find that the amount of wheat grown is twice the amount of potatoes in value. Also, they decide to accept bitcoins for wheat. The total amount of merchantable produce in bitcoins is 3 times our initial example. That means a ton of potatoes is worth 0.8 bitcoins now.

Expand this to all products and services produced in the global economy and the value of a single potato becomes extremely small.

In a practical monetary system, the currency must be expansible to price the economy in practical terms and also be able to grow as the economy grows. Bitcoin can’t do either.

A useful model for understanding Bitcoin is the tulip mania in Holland in the 17th century – it’s a speculative bubble.

The War on Cash: An discussion that suggests a role for cryptocurencies in the battle against government control over the economy by removing cash:  Banks Are Scheming To Dominate A Future Cashless Society.

WWIII: There is a consistent push from actors in the US in this direction: Russian Sanctions – The Start of World War III?.

The American Empire (AE): This short article presents a concise understanding of Russian interests and the globalist/nationalist conflict: Russia’s Real Endgame. This is a highly recommended read.

The new Russian sanctions are explained by Mike Shedlock: Make America Safe: Put Congress on Permanent Recess (What the Sanction Bill is Really About). The real reason is to support American economic interests around energy and the control of energy supplies to Europe. And a bit of background on American hypocrisy over the issue: Browder – Russia – Trump – Safra.

Where to from here: The Historical Turning-Point Has Arrived?

In annual competitions held by the Santa Fe Institute on optimal game theory strategies, the game “tit for tat” one. In practice: “It’s Time To Retaliate”: Putin Expels 755 U.S. Diplomats. This has got to complicate US efforts of espionage, regime distabilization and interference in elections.

Climate: Apparently sea levels have fallen for the past 2 years. Watch for upcoming entertainment as climate alarmist figure out how global warming is causing this: NASA Confirms Falling Sea Levels For Two Years Amidst Media Blackout.

Bits and Pieces: Here is Senator John McCain’s war record in ome tidy little package for your reference (it might not be what you’re expecting): A Complete History Of John McCain Calling For War Around The World.

For my owon interest I’m including this shrt article ehich spans multiple conspiracry theories: Former Forbes Bureau Chief Blows Whistle On 9/11 & Fukushima.

And a little home town (Strathroy) excitement here last week: Procedure avoids panic: expert. I spoke with the deputy mayor. He said it was the last 13 cars of a 130 car freight that went off. The engineer was two miles down the track before he realized he was missing them. A hoot.

Any “moderate” brand of Islam – Hero Imams? – must be founded on the rejection of those aspects of the Quran and other religious books that advocate violence against and domination of non-Muslims. This of course requires such moderates to accept that the Prophet was wrong. Good luck.

Videos abound of the robots scurrying around Amazon “fulfillment” centers as I have previously published. The paradigm seems to be move products from an inventory of hundreds of thousands of items to workers that seem to have a limited role in packing the products. It may be that AI hasn’t advanced to the point of being able to solve the 3D problems of placing a variety of odd-shaped boxes most efficiently into one larger container.  But that problem may be solved soon: Amazon Hosts Robotics Competition To Figure Out How To Replace 230,000 Warehouse Workers.

Here’s an off-the-wall piece: The Not-So-Secret Ingredients of Military Coups. If you’re planning a coup, whether military or perhaps in business, one might benefit from this book.

Bits and Pieces – 20170722, Saturday

Commentary: Trump may finally be getting it together with a strategic counteroffensive: Trump Preparing Counteroffensive; Begins Investigating Mueller’s Team For Conflicts, Trump launches all-out assault on Mueller probe, Trump Legal Shake Up: Kasowitz Out As Personal Attorney, Corrallo Resigns, an attack on Sessions’ performance Sessions: “I Will Continue Serving As Attorney General As Long As That Is Appropriate”, and a shot at Comey, “We Take Confidentiality Seriously At DOJ” Rosenstein Blasts Comey For Leaking Trump Memo.

It’s interesting to see the collateral damage appearing among former Obama officials: New Scapegoat Emerges In Unmasking Scandal: Meet Obama’s Former U.N. Ambassador Samantha Power, as well as recent revelations against Susan Rice (Confirmed: Susan Rice “Unmasked” Trump Team) and Loretta Lynch (Loretta Lynch Plot Thickens As New Details Emerge Of Her Dealings With The Hillary Campaign).

Civil Unrest: The depth of the Hamburg civil unrest has been ignored but Martin Armstrong has been following it: The Rising Youth & Civil Unrest.

From the Left: At the heart of the European migrant crisis we find … George Soros of course: Soros-sponsored immigration network in Italy.

The War on Cash: There is a steady stream of articles related to this topic that I have not bothered to report on, but here’s one: 95% Of Europeans Reject EU Efforts To “De-Cash” Their Lives. The issue is government control, not crime prevention. More sinister reasons are it will be necessary for the full implementation of global government and Agenda 21.

The American Empire (AE): I had published a link a little earlier to an article on the return of Syrian refugees to areas that war had moved on from. Scientists were surprised how soon life began to return to the areas of ash and pyroclastic flows of Mount St. Helens after the eruption. Human life can recover as quickly: Photos Of Aleppo Rising: Swimsuits, Concerts And Rebuilding In First Jihadi-Free Summer.

Canada Corner: Eat your hamburg with respect: Animal Rights Activists Yell About “Insulting” to Cows. Onward and upward in Canada’s housing market: HIGHEST JUNE MONTHLY RISE ON RECORD. And here’s another area where we rank highly: Greatest Fools? The Countries That Trust Their Government Most (And Least).

Goldman Sachs sees the Canadian housing market in not quite as dire terms as earlier reports here: Is Canada Really “In Serious Trouble”: Goldman Responds. It is not the case that borrowers are not as exposed to interest rate hikes as discussed in the past but that the banking sector can survive a large-scale default better than previously expected.

Bits and Pieces: I haven’t written much on socialism lately but here’s an EU update: On Europe’s Unsustainable Welfare State.

Tired of looking for Russians under every desk and coffee table and not finding them? Try this angle: Is Russiagate Really Hillarygate?.

A rather wonderful aspect of natural organization: Nature – Taking Care of the Elderly. We on the other hand, hunt them down and kill them.

The blind behavior of European authorities towards reporting and fighting Muslim crime has always puzzled me. Why haven’t the sheeple revolted? Perhaps Sweden is the worst example, and we read: Is Sweden A Failed State?

Bits and Pieces – 20170715, Saturday

Cyber Warfare: Maybe it wasn’t the Russians: New Research Shows Guccifer 2.0 Files Were Copied Locally – DNC Not “Hacked By Russians” and New Evidence Says DNC Hack an Inside Job, Not Russia Related.

WWIII: Turkey’s realignment continues: Turkey “Turns Away” From NATO, Buys Russian Advanced Missile System For $2.5 Billion. They still seem to be playing both sides. This article follows along the path of the ides that thew US was one of the initial proponents and supporters of the EU: Unite and Rule: EU As NATO’s Auxiliary Economic Alliance.

The American Empire (AE): All the more reason for the AE to install a puppet that they can control, in Damascus: The New Silk Road Will Go Through Syria.

Climate: Climate alarmists need not worry their pretty little heads: Nature Unbound IV – The 2400-year Bray cycle. Part A.

Worth a read although many of you already know this: Research Team Slams Global Warming Data In New Report: “Not Reality… Totally Inconsistent With Credible Temperature Data”.

Canada Corner: I see no way to correct this other than a broad reset: “Canada Is In Serious Trouble” Again, And This Time It’s For Real. Sorry to take away Justin’s punch bowl but: IMF Rings The Alarm On Canada’s Economy.

The only contexts that the following makes any sense is in terms of Islamic appeasement and extreme progressive posturing: Canada’s Multi-Million-Dollar Pay-Out To A ‘Foreign Terrorist Fighter’.

Bits and Pieces: A masterful player, knowing that he has the Europeans by the balls, squeezes again: France Agrees to Pay All Costs for Turkey to Sign Paris Climate Accord.

Here’s a question for you, if Catalonia votes successfully to succeed and a new civil war erupts, will the Luftwaffe intervene as it did in the last Spanish civil war: Catalonia to Move to Referendum October 1st to Break From Spain?

Trump continues to have problem with loyalists from the Obama administration embedded in the bureaucracy. It takes time to find and sack the thousands of people involved: Exclusive: DOJ let Russian lawyer into US before she met with Trump.

Keep in mind that these are the early days of the development of software of this nature: New Software Fakes Video Of Former US President Barack Obama. With Photoshop we gained the ability to manipulate still images to create new images that are indistinguishable from reality. Now we can no longer be assure that a video we see is a real image scenario. When voice synthesis reaches the same level we wil be t the point where all news must be treated as fake news – synthesized propaganda. Note to all governments: we are almost there.

Here’s an interesting note on the silence of the UN on human rights abuses in Venezuela. It lines up with a similar silence by Pope Francis which I have commented on in the past. The article also makes a connection with Agenda 21: Is This Why The UN Human Rights Council Is Silent As Venezuelans Die Oppressed Under Socialism?. Weaving into this theme is the following of which I’m confused. I thought that this brand of geopolitics was what our communist pope supports: Vatican Press Lashes Out At Catholic Trump Voters, Calls Steve Bannon “A Supporter Of Apocalyptic Geopolitics”.

Bits and Pieces – 20170709, Sunday

Commentary: We are now in Strathroy. I will be preoccupied for the next month with inside and outside jobs so will not be reporting much. I’ll start, however, with this one: Autonomous Future: Disruptive Forklifts, AGVs, and Battery Swapping Devices for Cars. Note the loss of 45% of manufacturing jobs by 2025. We have too many people for this future. It’s time to stop ALL immigration. Below are a few items that stood out

Bits and Pieces – 20170624 – Saturday

Commentary: This will be the last letter until after we move and I have communications reestablished, sometime in the first week in July. It seems every time I go away they start a war or some other major event. Let’s hope that doesn’t happen this time.

Our new coordinates: 250 Joel Ct., Strathroy, ON, N7G 4B3. Phone and email remain the same for now.

Civil Unrest: The Great Reset is coming and it is coming from several directions. Here’s one that most people are not aware of – unfunded pension liabilities: Madoff Whistleblower Harry Markopolos Warns A Wild Card Will Hurtle The World Into The 2nd Great.

Cyber Warfare: At war: Obama Ordered Cyberweapons Implanted Into Russia’s Infrastructure. Recall that this was in response to an event that was eventually shown to come from sources other than the Russian state. So it would be fair of Russian secreted some dirty bombs around the US to be detonated if the US did something preemptive.

WWIII: Here is a good summary of recent events in the Middle East showing the mounting danger there: The Middle East Is Blowing Up. The Baltics rather than the Ukraine may be the point to watch on Russia’s borders: Russian, NATO Jets In Near Standoff After F-16 Buzzes Russian Defense Minister’s Airplane. The Doomsday Clock is inching forward: Ever Closer To War.

The Mid East is back in the news: Arab States Issue 13-Point Ultimatum To Qatar: Cut Ties With Iran, Close Al-Jazeera, Shutter Turkish Base. How long before a kinetic phase emerges?

The American Empire (AE): This article poses an excellent question: Why Does the US Target Functioning Democracies for Regime Change?. Ask yourself who benefits most if the Middle East’s oil fields burn. Would it be the American shale industry? Speaking of interfering in another country’s politics: 64 Years Later, CIA Finally Releases Details Of Iranian Coup.

Canada Corner: I had reported the problems with Home Capital Group a few weeks ago. They just got anpther bailout, but ar what cost: Buffett Stuns Market After Berkshire Acquires 38.4% Of Home Capital Group, Provides C$2 Billion Loan? Buffett s a smart man. Is he backstopped by the Canadian taxpayer?

Sears is reorganizing: Sears Canada Announces Bankruptcy; Fires 2,900.

Bits and Pieces: There may be some interesting internal tensions coming to a head in Saudi Arabia: In Historic Shakeup Saudi King Removes Crown Prince, Names Son As First Heir. The person replaced, Mohammed bin Nayef – “the country’s counterterrorism czar” may have the Saudi intelligence community on his side.

Bits and Pieces – 20170619 – Monday

Civil Unrest: The deepening divides in the US leave one wondering which way it may go … er, blow. Here’s one civil war scenario: The Treasonous Secession Of Climate Confederacy States. Jerry Brown leads a renegade band of states that want to form their own international climate treaties, something forbidden in the constitution.

Then there’s the left/right divide that is becoming increasingly violent: Summer Of Hate: The Arrival Of The Crisis & The Second Civil War? The problem of a civil war based on political orientation is that it is not territorial in the sense that civil wars result in the division of a country. France is probably the model for this kind of civil war.

MSM: Media wars, the other side: Alex Jones Gets Jump On Megyn Kelly – Leaks Recordings “To Set The Record Straight”. Did Megyn’s piece air?

WWIII: Another piece moved into place against Russia ensuring the Russians will have to go nuclear defensively: Norway On The Way To Become Unfriendly Neighbor In Russia’s Eyes. And we have escalation in Syria beginning with the latest coalition attack on a Syrian fighter: Russia Halts Cooperation With US In Syria, Will “Intercept Any Aircraft” In Russian Areas Of Operation. And the response: Pentagon Responds: “US Pilots Will Defend Themselves If Attacked By Russians”. Remember, the generals are now in control.

The American Empire (AE): The AE apparently lost a key supporter: ISIS Leader Baghdadi Reportedly Killed In Russian Airstrike. Damn those Ruskies. Elsewhere on the periphery: US General Wants 20,000 Additional Ground Troops Sent To Afghanistan. Recall that Trump recently gave the military carte blanche: Donald Trump’s hands-off approach gives US military free rein.

Canada Corner: Housing info: Despite Bank Of Canada Hubris, Existing Home Sales Crash In May.

Bits and Pieces: Here’s something to stick in your back pocket: Scientists Warn Current Yellowstone Quake-Swarm “Could Rip The Guts Out Of America”. This event has spawned a sensationalist article: There Have Been 296 Earthquakes In The Vicinity Of The Yellowstone Supervolcano Within The Last 7 Days. This does not mean that much of the article may not be accurate. I recall reading years ago that a past eruption of the Yellowstone super-volcano affected much of the continental US as described.

Escalation in the Middle East: Saudis Foil Iranian Terror Attack On Major Offshore Oil Field. At depressed prices, it might be time to add some oil stocks to one’s portfolio. Also, Israel Has Been Secretly Funding Syrian Rebels For Years.

Bits and Pieces – 20170614 – Wednesday

Commentary: Here is a must-watch half hour video by George Friedman. He presents the best succinct description of key geopolitical issues that I can recall: the position of Russia, the problems in the EU, the Middle east with Turkey in a pivotal role, where China stands: Crisis & Chaos: Are We Moving Toward World War III?

Turn off CNN, NBC, CBC and the rest of the MSM and spend the time listening to this a second time. He brilliantly summarizes all you need to know about the issues driving the important events of today and tomorrow. If on the other hand you’d feel more comfortable watching a telethon, turn on CTV.

Bits and Pieces – 20170610 – Saturday

Commentary: Trump is right about NATO: the Europeans, particularly the Germans have been riding on Uncle Sam’s coattails. Britain and Russia have one thing in common, their major wars over the last 2 or 3 hundred years have been with the French and the Germans. Merkel’s EU has been playing hardball over Brexit. Britain should form closer ties with Russia and leave NATO since their adversary is the EU, meaning France and Germany.

Here’s an interesting prediction. I follow the site King World News. Reading past Eric Kings habit of being stuck in the superlative mode of everything, he interviews a few people that I consider reliable. One is Andrew Maguire of whom he published a most recent post on June 9. Maguire states that in exactly 26 days from “today”, a dramatic event will take place in the metals market repricing gold higher. The problem is King doesn’t explicitly state when the interview occurred so “today” remains a bit elusive.

If we use the 9th as “today”, 26 days puts the event on July 5, the day after independence day which falls on a Tuesday. Traditionally, trading falls off during the summer (hence “sell in May and go away”). This year, many traders will also take the Monday off with markets closed on Tuesday. If one wanted to make a move when traders were thin, one might choose the 3rd or the 4th. On the other hand, one might want to schedule a move for the 5th to catch markets as the open and take advantage of the market response on a full trading day. It also might be that the call is bad and nothing happens.

I will bet on a good call although my move a few days before makes things a bit tricky. Here’s the interview: ALERT: Unknown Entity Deletes Portion Of Whistleblower Andrew Maguire’s KWN Audio Interview About A Major Event In 26 Days. If you want to place a bet it should be in by June 30.

Bits and Pieces – 20170606 – Tuesday

Commentary: Home and catching up. Interesting development in the Middle East with: The Shocking Trigger Behind Today’s Gulf Scandal: Qatar Paid Al-Qaeda, Iran $1BN In Hostage Deal. Since Qatar is one of the dominant financiers of terrorism along with Saudi Arabia, will this reduce it to any degree? Also: It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar. Here’s an analysis of the issues behind this flareup (it’s not terrorism-related): “Forget Terrorism”: The Real Reason Behind The Qatar Crisis Is Natural Gas.

I read two interesting articles today that put me into some exciting thinking. The first is Facebook is Broken, and the second, How to see past your own perspective and find truth. Social media physical networks are defined by the computer science algorithms that are used to build them. The articles point to another class of algorithms that control the content and its dissemination. These algorithms define the social structure of the social media. It is interesting to contemplate that social structure and organization is based on algorithms. What these might have been before the internet is a question that then arises. The role of individual behavior in the algorithms would be a central part to examine (well-defined complex systems).

Bits and Pieces – 20170601 – Thursday

Commentary:I won’t be near my computer until next Tuesday so here are a few items… oh, and our new house:


Civil Unrest: Martin Armstrong looks at the hatred the left have for their opponents: If You Want To Know Why Civil War Is Possible Just Look At This. He particularly singles out the MSM as a source of fake news used to attack Trump as part of the soft coup: Will the Next Revolution Include the Press and Journalists as Part of the Corruption?The Harvard study he refers to I posted the link for a few days ago.

The Deep State: Another view on the soft coup against Trump, this time from Martin Armstrong: The Plot to Overthrow Trump is VERY REAL!!!!!.

WWIII: Here is a short article that looks at the balance between Chinese and American interests in the North Pacific. An interesting point is made how the declining British Empire accommodated the interests of the growing American Empire without going to war How America Could End Up in an Unexpected War with China. And while we’re in the area, this article gives us a bit more information about US naval assets deployed against NK along with some thoughts about American strategic military thinking Short Victorious War: US President’s Magic Wand to Wave in a Pinch. A short victorious war like … lik … Afghanistan, or Iraq, or Vietnam, or …?

The American Empire (AE): Your empire at work: Mattis: US To “Annihilate” Islamic State Caliphate, Civilian Casualties A “Fact Of Life”.

Bits and Pieces: Canada corner: At least Canada leads the world in something: Does America Need A Northern Border Wall?

Can you spot the violence under the surface here: Evergreen State College Chaos Reigns: “Whiteness Is The Most Violent F**king System Ever”? I still wonder how employable these college graduates will be.

Hillary is still trying to figure out why she lost: “I Was The Victim”: Hillary Blames DNC, NYT, “1,000 Russian Agents,” Comey And WikiLeaks For Loss and Hillary Clinton Now Says Trump Aided the Russians. Mirror mirror on the wall … I really think it was penguins.

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