• Tag Archives Army
  • A new record yet again: 95,385,000 Americans not in labor force. The army of non-working Americans continues to grow.

    We continue to live in a country with two very different stories to tell. In one of the stories, we have a country with a very low unemployment rate and a record in the stock market. In the other story we live in a place where 95,385,000 Americans are not in the labor force. This new record was reached in the latest set of data released by the Bureau of Labor and Statistics (BLS). This is a bigger issue than most would like to admit. Many older Americans are drawing substantially from the government and we now have a younger American population working in low wage positions. This is a new record that isn’t something to be proud about.
    Another record of those not in the labor force
    The number of Americans not in the labor force is troubling when you dig deep into the data. Part of this is being governed by Americans retiring but millions of these people are falling into this category for harder to characterize reasons.

    This post was published at MyBudget360 on Nov 11, 2017.


  • Just Short The Robots

    Just two weeks ago, we detailed the launch of a new A. I.-driven equity ETF whose human ‘manager’ claimed:
    “EquBot AI Technology with Watson has the ability to mimic an army of equity research analysts working around the clock, 365 days a year, while removing human error and bias from the process.’ According to Chida Khatua, CEO and co-founder of EquBot LLC:
    ‘Machine learning is one of the most powerful applications of artificial intelligence. As powerful as many algorithms underlying expensive quantitative hedge funds and other vehicles might be, unless they’re also built with AI and machine learning baked right in, mistakes can be propagated and opportunities for outperformance can be missed.’ Neither of the founders is lacking in confidence when discussing the potential for the new ETF. From Business Wire:
    ‘With the launch of AIEQ, we’re not only bringing our new fund to market,’ said Art Amador, co-founder and COO of EquBot. ‘We believe we’re pioneering a whole new investment category; one that will soon have investors and advisors diversifying their portfolios among passive, active and AI approaches’
    So, we know you are wondering…

    This post was published at Zero Hedge on Nov 2, 2017.


  • First A.I. ETF Claims It Can Replace An Army Of Research Analysts

    ‘Look Dave, I can see you’re really upset about this. I honestly think you ought to sit down calmly, take a stress pill and think things over.’
    From Stanley Kubrick’s 2001: A Space Odyssey.
    As if MiFID II wasn’t bad enough, now this ‘EquBot AI Technology with Watson has the ability to mimic an army of equity research analysts working around the clock, 365 days a year, while removing human error and bias from the process.’ That is the claim of Chida Khatua, the ETF’s CEO. Unlike the existing algos used by quant funds, A. I. the ability to learn from its mistakes without further requiring programming.
    This week, EquBot LLC, in partnership with ETF Managers Group (ETFMG) launched the world’s first ETF powered by artificial intelligence, the AI Powered Equity ETF (NYSE Arca: AIEQ). According to Business Wire, the new ETF uses ‘cognitive and big data processing abilities of IBM Watson to analyze U. S.-listed investment opportunities’.
    For those in the dark as far as ‘Watson’ is concerned, it’s Wiki entry notes ‘Watson is a question answering (QA) computing system that IBM built to apply advanced natural language processing, information retrieval, knowledge representation, automated reasoning, and machine learning technologies to the field of open domain question answering. Watson was named after IBM’s first CEO, industrialist Thomas J. Watson. The computer system was specifically developed to answer questions on the quiz show Jeopardy! and, in 2011, the Watson computer system competed on Jeopardy! against former winners Brad Rutter and Ken Jennings winning the first place prize of $1 million. Watson had access to 200 million pages of structured and unstructured content consuming four terabytes of disk storage…but was not connected to the Internet during the game. For each clue, Watson’s three most probable responses were displayed on the television screen. Watson consistently outperformed its human opponents on the game’s signaling device, but had trouble in a few categories, notably those having short clues containing only a few words.’

    This post was published at Zero Hedge on Oct 21, 2017.


  • Gold Star Widow Releases Trump’s Call: “Tell Your Children I Said Their Father Was A Great Hero”

    As the imbrogilio over President Trump’s private call to the widow of Sgt. David Johnson killed in action in Niger continues to torment, The Daily Caller’s Henry Rodgers reports Gold Star widow Natasha De Alencar released the audio of a phone conversation she had with President Donald Trump in April about the death of her husband who was killed in Afghanistan.
    ***
    ‘I am so sorry to hear about the whole situation. What a horrible thing, except that he’s an unbelievable hero,’ Trump told her in the call about her husband Army Staff Sgt. Mark R. De Alencar, which The Washington Post released.
    ‘Thank you. I really, really appreciated it,’ she said. ‘I really do, sir.’

    This post was published at Zero Hedge on Oct 20, 2017.


  • “The System Is Broken”: Angry Baltimore Dad Lashes Out As 12th Grader Tests At 4th Grade Math Level

    One Baltimore resident and disable Army veteran, Victor Able, Sr., is fed up with the public education that his son, a 12th grader on the verge of graduation, received from City Neighbors Charter School after he recently tested at 4th grade level in math and 5th grade level in reading. Able says his son was simply passed to the next grade year after year so that his school could continue to receive extra federal funding even though it failed to deliver results. After his complaints fell on deaf ears at city council and the mayor’s office, Able has now hired an attorney to address a system he says is “broken.” Per Fox News:
    According to the IEP report, the 12th grader reads at a 5th grade level; does math at a 4th grade level.
    ‘It’s not supposed to happen,’ stated Able. ‘I don’t want him to fall out into the streets.’
    ‘They failed my son,’ said Able. ‘Not just my son, a whole lot of kids. The system is broken. They need to stop and fix it.’
    Able told Project Baltimore he has hired an attorney and has a meeting with the school later this month.
    Confronted with the complaint, City Neighbors released the following generic statement which we can only assume roughly translates to ‘we allow teachers the “autonomy” to consistently fail and never hold them to account because their union says we’re not allowed to’…but that’s a very rough translation.

    This post was published at Zero Hedge on Oct 17, 2017.


  • Dramatic “Before And After” Photos Show Puerto Rico’s Plunge Into Darkness

    10k+ federal staff are on the ground in PR/USVI assisting with search & rescue, restoring power, & moving commodities. #Maria [: @USArmy] pic.twitter.com/8mbThIzD7T
    — FEMA (@fema) September 25, 2017

    It’s been a week since Hurricane Maria made landfall in eastern Puerto Rico, and hundreds of thousands of Puerto Ricans living in remote villages remain cut off from the world, after the storm trashed power grids, tore up roads, downed cell towers and caused a dam in the northwestern part of the island to fail, endangering tens of thousands of people living in a valley below.
    Hospitals, especially in rural areas, have been hopelessly crippled by the storm, which has left them dependent on backup generators for power, threatening the lives of thousands of vulnerable patients. Shipments of diesel fuel to the hospitals are delivered by armed guards to protect against looters – which sounds like something from the plot of one of the ‘Mad Max’ movies.
    CNN sent low-flying planes over the island to survey the landscape, and they’ve brought back some stunning footage of the damage. News anchor Jake Tapper tweeted this before-and-after photo, which shows how more than 90% remains mired in blackouts more than a week after the storm made landfall.

    This post was published at Zero Hedge on Sep 26, 2017.


  • The 5 Steps to World Domination

    You don’t need an army to achieve World Domination; all you need is enough cheap credit to buy up everything that generates the highest value and/or income.
    World Domination–it has a nice ring, doesn’t it? Here’s how to achieve it in 5 steps: 1. Turn everything into a commodity that can be traded on the global market: land, leases on land, options to purchase land, houses, buildings, rooms in slums, labor, tools, robots, water, water rights, mineral rights, rights to air routes, ships, aircraft, political power, shares in corporations, government bonds, municipal bonds, corporate bonds, student loans that have been bundled into debt-based instruments, the income from city parking meters, electricity, software, advertising, marketing, media, social media, food, energy, insurance, gold, metals, credit, interest-rate swaps and last but not least, financial instruments that control and/or pyramid all the real-world goods and assets that have been commoditized (i.e. almost everything). Why is this the essential first step in World Domination? Once something has been commoditized, it can be bought and sold in the global marketplace in fiat currencies–currencies that are not backed by any real-world asset and that can be created out of thin air by central and private banks. You see the dynamic, right? Create credit-currency out of thin air, and then use this “free money” to buy up the real world. Quite a trick, isn’t it? Get a means of exchange for essentially nothing (i.e. money at near-zero interest rates) and then trade this for assets that produce goods and services everyone else needs or wants.

    This post was published at Charles Hugh Smith on MONDAY, AUGUST 28, 2017.


  • Why Gold Prices Will Rise as Debt Ceiling Deadline Nears

    This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission.
    Gold prices have been in a narrow trading range over the last week, hanging mostly between $1,291 and $1,297 since Friday, Aug. 18. But the looming debt ceiling deadline could be bullish for gold…
    The biggest gold news this past week was Treasury Secretary Steven Mnuchin’s visit to the gold deposit at Fort Knox. This, of course, is the Kentucky army post that serves as the U. S. Bullion Depository and home of most of the country’s gold reserves.
    Treasury Secretary Mnuchin and Senate Majority Leader Mitch McConnell visited Fort Knox on Monday. We don’t know how much gold they actually saw, but Mnuchin stated it was the first time the vault had opened up to outsiders since a congressional delegation and journalists had access in 1974.
    In fact, inventory hasn’t even been taken since 1986, and the last audit took place in 1953. All of this begs the question of why government officials would visit the site now.

    This post was published at Wall Street Examiner by Peter Krauth ‘ August 25, 2017.


  • A ROBOT ARMY JUST MADE THE BIGGEST GOLD DISCOVERY OF THE CENTURY

    This report from OilPrice.com is a paid advertorial
    Prospectors have mined 20 million ounces of gold from the Yukon’s famous Klondike since the Gold Rush. But they haven’t been able to find the original source – the multi-billion-dollar bedrock.
    Until now.
    A famous geologist armed with the latest in drone tech and robo-drills is certain he’s just found it.
    This is the Mother Lode of Klondike gold that countless prospectors have been trying to get at for over a century.
    It makes the 20 million ounces that have been collected on the surface of the seem like gold dust. A mere flash in the pan.
    This is no longer a story of men with pick axes trying in vain to find the mega source that’s it’s all come from…

    This post was published at The Daily Sheeple on AUGUST 21, 2017.


  • CHINA, GOLD and the US DOLLAR…

    The Neocon – Zionist drive for world domination is set to be brought to a screeching halt by something as simple as GOLD. This article is not politically motivated – the writer has no political agenda or affiliation – and the motivation for producing it is to enable you to understand the pivotal role that gold will play in thwarting the Empire’s imperialist ambitions, and how this means that the price of gold – and silver – will skyrocket, and sooner than many think possible. When you know that this is set to happen, and you understand the key reasons why, you will be able to position yourself to profit greatly from this profound and seismic global shift.
    First we will consider briefly the ambitions of the Empire and its current situation. Although transnational in scope, the Empire’s main geographical centers of power are the United States, Israel, whose power is out of all proportion to its size, and the old center of power Britain, which serves as the ‘Right Hand Man’ or ‘Number One’. The goals of the Zionist part of the Neocon – Zionist alliance are the creation of a greater Israel, to use their words ‘stretching from the Euphrates to the Nile’, and in pursuit of this goal they have already destroyed a significant part of the Arab world employing a ‘scorched earth’ policy utilizing the US military, which they control, and which is designed to wreck the economies of neighboring Arab States, leading to their subjugation. Their ultimate prize is Iran – once they have overcome Iran, the hugely indulgent and self-important Arab Sheikhs in Saudi will be unceremoniously kicked out of their palaces and probably left to the mercy of the mob, and here we should note that as Israel is a nuclear power with a population of only 8 million, and Iran is a non-nuclear power with approx. 80 million people, the attack would have to go nuclear to succeed. At this point most Arabs will be turned into an army of indentured servants who exist to serve their Masters in the Greater Israel – the only other choice they will have will be to flee to the emerging Caliphate in Europe, where Germans have already become 2nd class citizens in their own country, since immigrants have more protection under law than the indigenous population. From Israel’s point of view it is surrounded by States that are very different from itself, some of whom want its destruction. In this situation any nation would be likely to become paranoid. The ambitions of the Neocon element of the Neocon – Zionist alliance are much more succinctly stated as world domination, pure and simple – the control and exploitation of all the peoples of the world.

    This post was published at Clive Maund on Tuesday, August 15, 2017.


  • Can Switzerland Survive Today’s Assault on Cash and Sound Money?

    ‘Switzerland will have the last word,’ wrote Victor Hugo in the late 19th century. ‘It possesses one of the most perfect forms of government in the world.’ A contemporary of his, Frederick Kuenzli, a scholar of the Swiss Army, boasted: ‘No purer type of Republican ideals, no more fixed and devoted adherence to those ideals can be found in all the world than in Switzerland.’
    On many levels, there is reason to believe that, indeed, Switzerland remains a unique oasis of rationality and intelligence in the ocean-wide bloodbath that is contemporary Western fiscal and social self-sabotage. On the other hand, there is the Swiss National Bank – the central bank – that oddly appears to be encouraging the same monetary policy dance-with-death that has tripped up the country’s masochistic neighbors. How viable yet is the Swiss element in that which we still admire as the nation of Switzerland? First the good news:
    Direct democracy is alive and kicking: No mere opinion poll, the power and vibrancy of the referendum – one that can be launched by any local who can gather 100,000 signatures in support – constitutes one of the most impressive displays of true citizen-republicanism that there is. There is an upcoming vote on the Swiss Sovereign Money Initiative – a movement to obstruct financial speculation; recent referendums that were voted into law include a phasing out of nuclear energy to be replaced by renewables, and easier naturalization of third-generation immigrants.

    This post was published at Ludwig von Mises Institute on August 7, 2017.


  • Gold could strengthen on seasonality in August and September

    Gold and Silver Bullion – News and Commentary
    Gold could strengthen on seasonality in August and September – GoldCore via Marketwatch (MarketWatch.com)
    Dow has its first close above 22,000 (Yahoo.com)
    Trump Signs Russia Sanctions Bill, But Lays Out His Concerns About the Law (Bloomberg.com)
    ‘Zuma will use the army to cling to power if he loses next week’s no confidence vote’ – analyst (TheSouthAfrican.com)
    Man claims to have found first silver piece minted by the U. S. (CTVNews.ca)

    This post was published at Gold Core on August 3, 2017.


  • Macron’s Approval Rating Plunges, Only Chirac Was Worse

    Macron, deuxime plus forte chute de popularit en trois mois aprs Chirac pic.twitter.com/MGqywBGCic
    — Le JDD (@leJDD) July 23, 2017

    A Ifop poll released on Sunday showed that the approval rating of France’s new President Emmanuel Macron tumbled by 10 points, hitting 54% in his third month in office, as voters were “either confused by plans for the tax system, shocked by a dispute with the head of the army or unsettled by upcoming labor laws reform”, according to Journal dy Dimanche.
    According to Bloomberg calculations, the 10 point slump for Macron, elected in early May, was the second-biggest decline for a French president so soon after election. Jacques Chirac dropped 15 points from his May 1995 election to July, the Paris-based pollster said. The survey for JDD was conducted by phone and online July 17-22 among 1,947 respondents.

    This post was published at Zero Hedge on Jul 23, 2017.


  • Mexico’s Gasoline Thieves Go Full Mad Max As Competing Cartels Declare War On Each Other And The Army

    Fuel theft in Mexico used to consist of a few villagers drilling holes in Pemex pipelines and carrying away just enough gasoline to fill their vehicles and maybe a couple extra gallons to sell on the side of the freeway. But as The Columbian notes, illegally tapping into pipelines and stealing gas from Mexico’s state-owned oil company has morphed into a very well organized criminal enterprise, run by well-armed regional cartels and supported by distribution on a commercial scale to factories and petrol stations.
    Heavy arms and violence seen in Tuesday’s confrontation in Puebla state reflect its growth into a billion-dollar business that supplies not just the people selling gas on the sides of highways – called ‘huachicoleros’ – but factories and gasoline station chains.
    It has become an industrial-scale operation, involving a string of villages and hamlets along pipeline routes, not just in Puebla, but in Guanajuato, Veracruz, Tamaulipas and other Mexican states. The government says more than 6,000 illegal pipeline taps were found in 2016 and officials have been detecting an average of about 20 taps a day this year.


    This post was published at Zero Hedge By Tyler Durden /Jul 14, 2017.


  • The Online Ad-Fraud Game is Ending

    You’ll have to look to find it, and the articles are behind paywalls.
    They’re not being trumpeted all over financial media — but they should be.
    What article? That Unilever is threatening to pull online ad campaigns stating that they believe half or more of the “clicks” are fraud. It was in the UK media — quietly — this weekend.
    In other words, robots click them — not humans, who actually watch the ads.
    This story ought to be front-page news. It’s not, and the financial media will not cover it the way it should.
    Here’s why it should be:
    1. This is not new. These issues have been known and talked about for more than a year. It was news last year, and then it quietly “went away.” Gee, you don’t think Zuckerpig laid into the financial media, do you? Naw, nobody would ever to do that when if their little ad game blew up in their face the stock price of Facepig would be zero. Consider that if half of the online advertising revenue is false then the actual value of said platforms is nil since their cost of operation exceeds the true human-generated revenue. That makes all of these so-called “businesses” worthless.
    2. Nobody has an incentive on a platform like Facebook, where posters do not get a cut of the revenue, to stick an army of robots out there and click the ads, except for Facebook itself. This is decidedly not true for Google’s “Adsense” platform of course, or Youtubes, or whoever else where publishers get a piece of pie. There, if your traffic is high enough, there’s an economic incentive to cheat. For someone like me it’s not because the amount of money involved is too small, but for someone with a site that’s garnering tens or hundreds of thousands a month in payouts you can easily cover the cost of a robot or three (hundred) to generate some false traffic.

    This post was published at Market-Ticker on 2017-06-26.


  • James Rickards: Gold Will Start Heading Higher On ‘Dwindling’ Supply

    James Rickards via Daily Reckoning
    Gold was down after the Fed’s hike, but I expect it to start heading higher again. Too many powerful forces are driving it behind the scenes. Dwindling physical supply is a major one.
    ***
    On a recent visit to Switzerland, I was informed that secure logistics operators could not build new vaults fast enough and were taking over nuclear-bomb proof mountain bunkers from the Swiss Army to handle the demand for private storage.

    This post was published at Gold Core on June 19, 2017.


  • Just What the Doctor Ordered

    Dear Black Bag Confidential Reader,
    One of the most challenging aspects of survival is handling a medical emergency when you’re in the middle of a crisis, especially if you’re nowhere near a quality medical facility.
    That’s where Omar Hamada comes in. Omar is a 14-year veteran of the U. S. Army, 10 years of which were spent in the U. S. Army Special Forces. Currently, he works as an emergency room physician at one of the largest and busiest hospitals in Tennessee.
    Omar has been working with me on Spy & Survival Briefing for several months, and recently he offered to lend his expertise to the Black Bag Confidential Weekly Drop.
    Which means we want to hear from YOU.
    If you want to know about wound care dos and don’ts, how to stabilize broken or sprained limbs, what medical supplies you should have in your bug-out bag or any other survival medicine topics, send your questions to spy@LFB.org.
    Now let’s get to this week’s batch of reader mail.
    I have a friend who used to work for FEMA and reads something like your survival email. Now he is a nervous wreck and has developed anxiety and IBS. Scaring people, the gold madness, etc…. not nice.
    – John P.

    This post was published at Laissez Faire on Jun 10, 2017.


  • MAY 8/FOR 6 STRAIGHT DAYS, THE AMOUNT OF SILVER OUNCES STANDING FOR DELIVERY INCREASED: FIRST DAY NOTICE STARTED AT 16.8 MILLION OZ/TODAY: 21.5 MILLION OZ/CHINA’S ECONOMY SLOWING DOWN DRAMATICALL…

    Gold: $1227.70 UP $.50
    Silver: $16.27 DOWN 1 cent(s)
    Closing access prices:
    Gold $xxxx
    silver: $xxx
    XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
    SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
    SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
    SHANGHAI FIRST GOLD FIX: $1241.52 DOLLARS PER OZ
    NY PRICE OF GOLD AT EXACT SAME TIME: 1230.65
    PREMIUM FIRST FIX: $10.87
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    SECOND SHANGHAI GOLD FIX: $1240.25
    NY GOLD PRICE AT THE EXACT SAME TIME: 1230.25
    Premium of Shanghai 2nd fix/NY:$10.20
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    LONDON FIRST GOLD FIX: 5:30 am est $1229.70
    NY PRICING AT THE EXACT SAME TIME: $1229.70
    LONDON SECOND GOLD FIX 10 AM: $1229.80
    NY PRICING AT THE EXACT SAME TIME. $1229.80
    For comex gold:
    MAY/
    NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 15 NOTICE(S) FOR 1500 OZ.
    TOTAL NOTICES SO FAR: 374 FOR 37400 OZ (1.1632 TONNES)
    For silver:
    For silver: MAY
    99 NOTICES FILED TODAY FOR 495,000 OZ/
    Total number of notices filed so far this month: 4107 for 20,535,000 oz

    This post was published at Harvey Organ Blog on May 8, 2017.


  • UK Man Finds $2 Million in Gold in Kuwait-Era Military Tank

    A collector of military tanks from the United Kingdom got a pretty good return on his $37,000 investment when he found gold bars worth more than $2 million dollars inside its fuel tank. Nick Mead is the owner of Tanks-A-Lot, a company that provides tanks and other armored vehicles for driving classes, private events, and movies.

    Mead acquired the Iraqi army tank on eBay in a trade for an Abbot self-propelled howitzer and a British army truck. During the restoration process, he and his mechanic found five gold bars weighing about 12 pounds each tucked away inside the tank’s diesel tank. The gold was most likely looted from Kuwait during the Iraqi invasion in 1990. In 1991, Iraq returned 3,216 gold bars to Kuwait.

    This post was published at Schiffgold on APRIL 11, 2017.


  • Jim Rickards: Safe Havens During the Financial Warfare Era

    Jim Rickards joined up with Stephen Guilfoyle, also known as ‘Sarge’ at The Street, to discuss his book The Death of Money and how investors can find a safe haven for their money in this modern era of financial warfare. The discussion hits at Rickards’ area of expertise as a currency wars analyst and covers what to expect from geopolitical interests in Russia, North Korea and beyond.
    Jim Rickards highlights that he was recently giving a seminar to the U. S Army War College and remarks that what he informed them of was that ‘there has really been some economic aspect to warfare but it now completely non-kinetic. It can be decisive and when you combine financial warfare with the emerging cyber techniques you get into cyber financial warfare.’
    ‘In one of the case studies I am analyzing is where Russia has invaded Crimea. We responded with economic sanctions. President Obama indicated that he was not going to war but would apply economic sanctions. However, Russian President Putin thinks of them as an act of war. When you degrade the capability of your adversary through economic means, that’s an act of war. They may respond in a ‘war-like’ way.’

    This post was published at Wall Street Examiner on April 7, 2017.