AFRICOM - CrossTalk with Ivan Eland, Peter Pham and James Mittleman
Electronics industry uses 320 tons of Gold, 7500 tons of Silver annually
Precious metals such as gold have wide use in electronics because they are efficient conductors of electricity. Gold doesn't corrode, thus providing for uninterrupted supply of current and voltage in connectors, circuits, connecting wires, etc.
Experts from the Bonn-based United Nations University provided a financial estimate that the 'urban mining' of e-waste could generate: $21 billion each year ($16 billion in gold and $5 billion in silver). There is more. At present, barely 15% of these precious metals are recovered from the e-waste.
Assad: United States supports terrorists to “destabilize Syria”
By Madison Ruppert:
On an interview
with Germany’s ARD television channel aired today but originally filmed
on July 5, Syrian President Bashar al-Assad stated that the United
States is now “part of the conflict” in Syria in funding and protecting
the armed opposition forces which are, by all definitions, terrorists.
This is far from the first time
this accusation has been made by Syrian officials. However, on June 21,
2012, the accusation was confirmed by anonymous American officials and
Arab Intelligence officers cited by the New York Times.
In the interview Assad condemned the NATO-backed regime change in
Libya saying, “Describing what happened to al Gadhafi, this is savage,
this is crime.”
Unsurprisingly, the Associated Press inserts their revisionist
history claiming, “rebels helped by NATO air strikes toppled the
regime,” in Libya and that, “Libyan leader Muammar Gadhafi was killed
while fleeing advancing opposition fighters.”
In reality, we now know that the rebels had Qatari forces training them and planning their operations for them, that Western forces were on the ground, and that the real story of Gaddafi’s death is far from certain.
According to Assad, the United States is currently partnering with
those “terrorists … with weapons, money or public and political support
at the United Nations.”
“They offer the umbrella and political support to those gangs to … destabilize Syria,” he added.
It Ain't Priced In - A Thought on China - Bruce Krasting
I had an e-mail exchange with an old fried who now works for a large
macro hedge fund up in Greenwich. The broad topic was the very long list
of signs that the global economy is hitting the skids. He had this to
say:
There have been many China bears the past year or so, but against these bearish views there has been a widespread belief that China will muddle through. My point is that China GDP = 3% is absolutely not priced into today’s market.
…certainly does not point to robust job growth…manufacturing activity globally really falling sharply..think weakness in Europe spilling over to those who export to the region..retail sales in Europe plunging…China growth may now be down to 3% in our view…U.S. q2 may be sub 1.5%..Europe- contraction…Brazil sub 3%...Australia slowing sharply...I almost fell of the chair reading this. Say this group is right about China. What does it mean if its growth rate falls to 3%? A very hard landing for all manner of things, is the answer.
There have been many China bears the past year or so, but against these bearish views there has been a widespread belief that China will muddle through. My point is that China GDP = 3% is absolutely not priced into today’s market.
Obama, Assange and the President of Eritrea
Banking Cartel Set to Use Military Against Americans for Final Showdown!
Roubini On 2013's "Global Perfect Storm" And Greedy Bankers "Hanging In The Streets"
Submitted by Tyler Durden: In an extended interview with Bloomberg TV,
Nouriel Roubini lives up to his doom-saying reputation and goes where
few have as he opines on Lieborgate that: "bankers are greedy and have
been for 1000 years" and "nothing is going to change" unless there are criminal sanctions; to which he follows up - briefly silencing the interviewer, "If some people end up in jail, maybe that will teach a lesson to somebody - or somebody will hang in the streets". The professor goes on to note that the EU "summit was a failure" since markets were expecting much more and warns that without full debt mutualization, debt monetization by the ECB, or a quadrupling of the EFSF/ESM 'bazooka';
Italian and Spanish spreads will continue to blow out day after day -
leading to a crisis "not in six months but in two weeks". The only
entity capable of stopping this is the ECB which needs to do outright
unsterilized monetization in unlimited amounts which is 'politically
incorrect' to talk about and claimed to be constitutionally illegal. 2013 will be a very difficult year to find shelter as policy-makers ability to kick-the-can runs out of steam as he sees the possibility of a 'Global Perfect Storm' of a euro-zone collapse, a US double-dip, a China & EM hard-landing, and a war in the Middle East. Dr. Doom is back.
Must watch 9 minutes of reality: