Masked DEA Agents Raid Innocent Women, Refuse To Reveal Identities

"According to the Burleys' accounts, the officers who raided their home were clad in black. Some wore balaclava masks or face shields that hid all but their eyes. Others pulled their hats down low to shield their identities. They had also obscured their names and badge numbers. Once the Burleys' house had been thoroughly searched, both women asked the officers for their names. After holding an impromptu meeting, the officers told the Burleys that they wouldn't divulge any information that could identify them individually. Instead, they told the women that they had just been raided by 'Team 11.' The women weren't given a search warrant." Continue reading

Continue ReadingMasked DEA Agents Raid Innocent Women, Refuse To Reveal Identities

Tufts University: Study promoting GMO ‘golden rice’ violated ethics rules

"Tufts University researchers revealed Tuesday that a member of their team violated ethics rules in a study designed to measure the nutritional efficacy of so-called 'golden rice,' genetically modified rice with the nutrient beta carotene added. No one on Tang’s team saw fit to inform the parents of the 24 children from Hunan province, ages 6 to 8, that the children were eating gene-modified food. Chinese journalists found an email to the research team from a Chinese government official urging scientists not to speak openly of genetic modification, a subject deemed 'too sensitive' to discuss with the families." Continue reading

Continue ReadingTufts University: Study promoting GMO ‘golden rice’ violated ethics rules

Jim Rogers on Financial Globalization and Mining Opportunities

"Mr. Rogers added that China should 'globalize the Renminbi in the next 20 minutes rather than the next 20 years'. He thought that China is currently the world's second largest economic entity as well as the country with most amount of foreign exchange reserve, 'there is no reason to restrict the Renminbi globalization. It is good for all Chinese people, as Renminbi globalization means all investors worldwide can invest in China, which will bring great market opportunities to China's commodities. Stock price in China will rise, China will become the world's center for commodity transaction, China's financial market will be the best in the world." Continue reading

Continue ReadingJim Rogers on Financial Globalization and Mining Opportunities

When Every Day is Payday

"Had you gotten into Royal Gold Inc., right when this Chaffee player kicked into action, you’d be up 4,536%. That’s the kind of explosive power these royalty plays have once they start collecting on their income streams and passing the gains directly to you. And when I say 4,536% gains, I’m not even including the dividends Royal Gold has paid out. Today Royal Gold pays out an annual 80-cent dividend — which, based on today’s $57 share price, puts you at a 1.4% yield. But that’s the thing. Now everyone knows about how great Royal Gold is… and so the price has driven higher to match. So you should be looking for something smaller, newer and ready to grow." Continue reading

Continue ReadingWhen Every Day is Payday

Gold By The Planeload! Precious Metals Update Part II

"If you believe that gold and silver prices are due to recover, like I do, then you should look for plays that can surf the wave. In particular, you want companies unburdened by debt and not locked into large, complex, expensive projects. Does that ring any bells? Let’s consider royalty companies… Royalty companies own interests in mine production without taking on operational risks and costs. That is, royalty guys 'loan' money upfront to capitalize the mine developers, usually at an early stage. In return, the royalty company lays claim to an ongoing income stream generated in the future by the mining project. It’s a well-understood form of project finance, in many instances." Continue reading

Continue ReadingGold By The Planeload! Precious Metals Update Part II

Five Ways To Play Gold and Silver: Part I

"Times are tough for miners. Costs are high. Metal prices are low. Share prices and market capitalizations are in the pits, so to speak. Overall, sentiments toward the mining sector are negative. The 'commodity super-cycle is over,' if you believe the headline writers of the Financial Times or The Economist. Still, with a recent upturn in metals prices are there opportunities in this scenario? I believe there are still some bargains out there — and if metals prices inch higher over the coming days and months, a few well run miners should pay off handsomely." Continue reading

Continue ReadingFive Ways To Play Gold and Silver: Part I

WATCH OUT BELOW: S&P 1987 Compared with S&P 2013

"It's a terrible mistake to just look at the data from two time periods and forecast the trends to continue. However, as I have been pointing out at the EPJ Daily Alert, there are many reasons to suspect another crash may be on the way: 1. Money supply growth has declined dramatically since the start of the year. 2. There is a natural tendency for the consumption-savings ratio to move towards consumption, starting in September. BTW: In the summer of 1987, money supply, in the manner I track it in the EPJ Daily Alert, collapsed, just like it has this summer." Continue reading

Continue ReadingWATCH OUT BELOW: S&P 1987 Compared with S&P 2013

The Joke Shack of the Housing Sector

"REITs, or real estate investment trusts, are companies that own and manage real estate. Before December of last year, there was no such thing. Now there are three, with more on the way. Do these vehicles deserve a spot in your portfolio? I’m going to make the case that they do not. I say this as someone who has been a housing bull. I still think housing is OK, but not as attractive as it was. The investment case for rental homes was plain and I made the case a number of times in these pages in 2011 and 2012. I even bought a rental property for myself. And it’s worked out very well so far. I was far from the only one who saw such an opportunity." Continue reading

Continue ReadingThe Joke Shack of the Housing Sector

The Treasury Secretary on How Unstable U.S. Government Finances Are

"Treasury Secretary Jack Lew made the following statement during remarks today before the Economic Club of Washington D.C.: '[W]e are relying on investors from all over the world to continue to hold U.S. bonds. Every Thursday, we roll-over approximately $100 billion in U.S. bills. If U.S. bond holders decided that they wanted to be repaid rather than continuing to roll-over their investments, we could unexpectedly dissipate our entire cash balance.'" Continue reading

Continue ReadingThe Treasury Secretary on How Unstable U.S. Government Finances Are