The world needs alternatives to the US-dominated ‘corroded’ World Bank and the IMF, investment guru Jim Rogers told RT at the International Economic Forum in St. Petersburg. The BRICS countries could compete and replace them, he added. “The world needs something to compete with the US-dominated institutions, some of them – the World Bank and the IMF- have become corroded and ineffective. So, if BRICS offer any new structures that can compete with these long-standing decomposed institutions, it will be very good. Good for the whole world, including Russia and China,” Rogers said. Speaking about the lessening economic influence of … Continue reading

“I am utterly amazed at how the Federal Reserve can play havoc with the market,” Paul said on CNBC’s “Futures Now” on Friday morning. The S&P 500 closed near its all-time high Thursday. “I look at it as being very unstable,” says Paul. “The fallacy of economic planning” has created such a “horrendous bubble,” that when it pops there will be “chaos.” RON PAUL: You don’t know the timeline on this, it could be tomorrow, it could be a month, or it could be a couple years from now, because it all depends on a psychological acceptance of the system. … Continue reading

Pope Francis’s new encyclical “On Care for Our Common Home” has been released to much acclaim from the mainstream media. One German news source declares “Papal encyclical could break climate change deadlock.” “Pope Francis’ views on climate change present a moral challenge to many 2016 GOP contenders,” declares US News and World Report. Not in many decades has a papal document been so easily used as a tool for political and electoral ax-grinding. Indeed, we would not normally cover a papal document at mises.org at all. Benedict’s “Caritas in Veritate,” for example, was published without any mention in free-market circles. … Continue reading

An international probe should be launched into various murky details surrounding the U.S. moon landings between 1969 and 1972, Russia’s Investigative Committee spokesman said Tuesday. Vladimir Markin penned a column for the Izvestia newspaper arguing that U.S. authorities had crossed a line by launching a large-scale corruption probe targeting nine FIFA officials. The scandal surrounding the case prompted the June 2 resignation of longtime FIFA president Sepp Blatter, and sparked a heated debate about Russia’s role as host of the 2018 World Cup. Venting his frustration with what he viewed as “U.S. prosecutors having declared themselves the supreme arbiters of international football affairs,” Markin proposed that international investigators could likewise examine some of the murkier elements of America’s past. An international … Continue reading

Back in late 2013 and  early 2014, the gold (and silver) market was stunned by a series of massive, unprecedented “stop” or “velocity logic” sales which sent the price of the precious metal crashing so furiously they halted the entire gold futures market anywhere between 10 and 20 seconds.  Some examples: September 12, 2013: Vicious Gold Slamdown Breaks Gold Market For 20 Seconds October 11, 2013: “Stop Logic” Gold Slam Was So Furious It Shut Down CME Trading Again and January 6, 2014: Gold Flash Crashes, Halts Trading As “Velocity Logic” Circuit Breakers Triggered Some said this was nothing but … Continue reading

Editor’s note: The excerpt below comes from a book published in 1875: A Gentleman’s Guide to Etiquette by Cecil B. Hartley. Hartley has previously edified us with some incisive and amusing conversation rules. Today he offers tips on how to travel like a gentleman, especially when going abroad. While it’s no longer advisable to refer to the common folk in the countries you visit as “the peasantry,” the bulk of Hartley’s advice still holds true.  If you are going to travel in other countries, in Europe, especially, I would advise you to study the languages, before you attempt to go abroad. French is the … Continue reading

Here is why you should take me seriously. I was born in 1942. I have seen what works and what doesn’t. I have a Ph.D. I am rich by most Americans’ standards. I have never been divorced. I am in good health — and have been since age 9. I am content with my life. There is nothing that I want that I cannot not pay cash for. I spend almost no money on buying consumer goods, except for used books, because I own everything I want, and I have for 30 years. Take my advice. I could list these … Continue reading

A new craze involving a simple test to show how good your figure really is has taken China by storm. The challenge has seen thousands of people post selfies to show whether they can touch their belly button by reaching around their backs. Since Wednesday, the ‘belly button challenge’ has received more the 130 million hits and is now the number one trending topic on Weibo, the Chinese version of Twitter. Chinese celebrities, including actresses Yang Mi, Zhang Jiani and Huo Siyan, have also got in on the act. The challenge post claims that if you can complete the challenge, it … Continue reading

Manasquan, NJ –-(Ammoland.com)- Nearly every mass shooting incident in the last twenty years, and multiple other instances of suicide and isolated shootings all share one thing in common, and its not the weapons used. The overwhelming evidence points to the signal largest common factor in all of these incidents is the fact that all of the perpetrators were either actively taking powerful psychotropic drugs or had been at some point in the immediate past before they committed their crimes. Multiple credible scientific studies going back more than a decade, as well as internal documents from certain pharmaceutical companies that suppressed … Continue reading

THIRTY YEARS AGO this week, TWA flight 847 was hijacked on a flight from Athens to Rome. The plane was commandeered by militiamen from Hezbolla and Islamic Jihad, armed with grenades and pistols. The purloined 727 then embarked on an incredible, 17-day odyssey to Lebanon, Algeria, and back again. Save for the September 11th attacks, the story of flight 847 stands as the single-most dramatic and unforgettable airliner hijacking in history. Yet most of us have forgotten about it. Younger people have likely never heard of it. Which is why I’m bringing up the anniversary: for the sake of perspective. … Continue reading

‘In an unprecedented move, Russia and Saudi Arabia have signed an agreement on cooperation in the field of nuclear energy. The document was signed by the Russian state nuclear corporation, Rosatom’s chief Sergei Kiriyenko and President of the King Abdullah City for Atomic and Renewable Energy, Hashim Abdullah Yamani during the St. Petersburg International Economic […]

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‘Turkish authorities have detained two Georgian citizens who tried to enter the country carrying radioactive material, a report says. A 43-year-old woman and a 40-year-old man, identified only as N. K. and I. A. respectively, were arrested with 1.2 kilograms of cesium at a border gateway in northeastern Turkey on Friday, the official Anadolu Agency […]

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‘Greek Premier Alexis Tsipras has said that Europe Union needs to understand that the center of world economic development is shifting to other regions. Speaking at St. Petersburg International Economic Forum in Russia on Friday, Tsipras said that the financial hub of the world “has already shifted” as new powers are playing a more and […]

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