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Russian central bank to keep buying gold

“The Russian central bank will continue to buy gold as it seeks to diversify its foreign reserves away from paper assets it views as risky, First Deputy Chairman Alexei Ulyukayev said on Thursday. The Bank of Russia has built up the world’s fourth-largest foreign reserves, worth $530 billion, by buying oil export dollars to keep the rouble competitive. The hoard includes two rainy-day budget funds that guard against fiscal shocks. The bank has also been a bullion buyer and the share of gold in its reserves is approaching a medium-term target of 10 percent.” Continue reading →

Gun Owners Boycott a Huge Outdoors Show. Show Shuts Down.

“The annual Eastern Sports and Outdoor Show normally attracts 200,000 visitors. It earns money from 1,000 exhibitors. Last week the British firm that owns it decided to ban all visible references to assault weapons, so called. No sales, no advertising, nothing. A boycott began. The NRA canceled. Then hundreds of exhibitors canceled. There were lots of stories about the boycott, as you can see here. The politically correct Brits who thought they would jump on the gun control bandwagon have announced that there will be no show . No show, indeed! Here is the official announcement. This will cost the company a pile of money.” Continue reading →

Number Of Nation’s Sheriffs Refusing To Enforce Unconstitutional Gun Laws Snowballs

“In New Mexico, 30 of the state’s 33 county sheriffs have reminded state lawmakers that they are under oath to support the U.S. Constitution, and that includes the Second Amendment. CNSNews.com previously reported that 28 of the 29 sheriff’s in Utah sent a letter to President Obama stating that they will not enforce any new gun laws they believe to be unconstitutional. A host of Oregon sheriffs have said that they will not comply with any new unconstitutional gun regulations. For a list of more sheriffs who are standing up against new gun regulations, please click here.” Continue reading →

Authoritarian regimes use Silicon Valley software to censor Internet

“Authoritarian regimes around the world are using technology from a Silicon Valley firm for Internet surveillance, filtering and censorship, according to a report by Canadian researchers. The report this week from the University of Toronto’s Citizen Lab said devices from California-based security firm Blue Coat Systems were being used in China, Russia, Venezuela and other countries with ‘a history of concerns over human rights.'” Continue reading →

Secret backdoors found in firewall, VPN gear from Barracuda Networks

“A variety of firewall, VPN, and spam filtering gear sold by Barracuda Networks contains undocumented backdoor accounts that allow people to remotely log in and access sensitive information, researchers with an Austrian security firm have warned. The SSH, or secure shell, backdoor is hardcoded into ‘multiple Barracuda Networks products’ and can be used to gain shell access to vulnerable appliances, according to an advisory published Thursday by SEC Consult Vulnerability Lab. A timestamp and version relevant for the code that enables the backdoor bears a date from 2003, suggesting it may have existed in the Barracuda appliances for a decade.” Continue reading →

DNA database not so anonymous on the Internet: study

“As more and more of our personal data — and those of the people we know and are related to — gets posted online, the anonymity promised by the remove of a computer screen gets more and more elusive. That’s what a team of scientists uncovered when they started playing Sherlock with a batch of genetic data posted online for researchers to use. The data was anonymous: the participants’ names were not published. But using the information that was provided, including age and where they live, along with freely available Internet resources, the researchers were able to identify nearly 50 of the individuals in the genomic database.” Continue reading →

Why Bitcoin is the banking industry’s newest, biggest threat

“Bitcoin’s big advantage is that it is essentially the cold, hard cash of the Internet. Instead of bills, Bitcoin’s software keeps a public ledger of every transaction among users. If a buyer and seller are running the software on their computers, they can directly exchange Bitcoins, anonymously and with no taxes or bank fees. Others can pay a company to process the payment. Bitcoin accounts are listed simply as a string of letters and numbers with no names attached, giving a level of anonymity impossible with debit and credit cards or even PayPal accounts.” Continue reading →

Company plans to mine asteroids with ‘FireFlies’ spacecraft

“A US company said Tuesday it plans to send a fleet of spacecraft into the solar system to mine asteroids for metals and other materials in the hopes of furthering exploration of the final frontier. In a first step, the company plans to send ‘asteroid-prospecting spacecraft’ into the solar system, with the first — 55-pound (25-kilogram) ‘FireFlies’ — to be launched in 2015 on journeys of two to six months.” Continue reading →