Monthly Archives: July 2013

China “offers sturdy floor” in gold: UBS

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“In China – now the world’s second-largest economy, and likely to overtake India as world No.1 gold consumer in 2013 – private household demand for gold bullion ‘does hold the promise of a sturdy price floor’ says a note from fellow Swiss investment bank and London market-maker UBS.  Moreover, ‘In China banks are setting up and/or growing gold accumulation plans offered to the public. Better and easier access to gold via banks’ growing networks combined with strong appetite from retail customers have driven the tremendous appetite from China this year.'”

http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=199238&sn=Detail

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Art Basel takes art world by storm

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“With private jets filling the air and lines of luxury limousines on the ready, deep-pocketed collectors from around the world have flocked to Switzerland this week for Art Basel, the biggest contemporary art fair on the planet. An estimated 110 private jets landed and took off from the Basel-Mulhouse airport, after 83 flew through there on Tuesday despite a strike that reduced the airport’s capacity and forced some wealthy patrons of the arts to change their travel plans. The art world appears to have bucked the global economic crisis, with income from global auction sales more than doubling since it hit bottom in 2009, passing eight billion euros last year.”

http://www.rawstory.com/rs/2013/06/13/art-basel-takes-art-world-by-storm/

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Official: Cannes diamond heist actually nets $136M

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“It even happened at a hotel that was featured in Alfred Hitchcock’s jewel-encrusted thriller ‘To Catch a Thief.’  On Monday, a state prosecutor provided new details about the brazen heist a day earlier at the Carlton Intercontinental hotel – not least that the loot was actually worth more than twice the (EURO)40 million ($53 million) estimate that police had first announced.  In 2008, thieves – some dressed as women – stole $118 million in rings, necklaces and luxury watches from the Harry Winston store in Paris. A robbery five years earlier at Belgium’s Antwerp Diamond Center netted an estimated $100 million.”

http://hosted.ap.org/dynamic/stories/E/EU_FRANCE_JEWELRY_HEIST?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-07-29-01-44-07

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(Sm)art Investing: Rich Move Assets from Banks to Warehouses

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“Not everything the banks are losing is actually leaving Switzerland. Partly as a result of the many uncertainties in the financial markets, a growing share of the money is being invested in tangible assets, such as art, wine and classic cars. A total of $4 trillion has reportedly been invested in ‘treasure assets.’  This requires warehouse space that satisfies the most stringent security requirements. Swiss military bunkers blasted deep into Alpine rock are in great demand. But the free ports in Geneva and Zurich are even more popular because they offer what Swiss banks used to: the freedoms of a tax haven and maximum discretion.”

http://www.spiegel.de/international/business/art-as-alternative-investment-creates-storage-business-tax-haven-a-912798.html

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Washington, D.C.’s First Medical Marijuana Dispensary Opens Blocks From Capitol

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“Warren’s purchase came 15 years after nearly 70 percent of residents of the nation’s capital passed a ballot measure allowing the drug for prescription medical use. Congress repeatedly blocked implementation until 2009, and the city council moved forward with a unanimous vote to allow doctors to prescribe pot for certain chronically ill patients. Now, the city has licensed three dispensaries to sell pot and six cultivation centers to grow the plants. Capital City Care executives said they hoped D.C.’s strict regulations, allowing only patients with HIV, AIDS, glaucoma, severe muscle spasms and cancer to receive medical marijuana, will spare them from federal prosecution.”

http://www.huffingtonpost.com/2013/07/30/washington-dc-medical-marijuana-dispensary_n_3676943.html

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John Whitehead: Turning public schools into forts

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“As surveillance cameras, metal detectors, police patrols, zero-tolerance policies, lockdowns, drug-sniffing dogs and strip searches become the norm in elementary, middle and high schools across the nation, America is on a fast track to raising up an Orwellian generation — one populated by compliant citizens accustomed to living in a police state and who march in lockstep to the dictates of the government. With every school police raid and overzealous punishment that is carried out in the name of school safety, the lesson being imparted is that Americans — especially young people — have no rights at all against the state or the police.”

http://www.washingtontimes.com/news/2013/jul/29/turning-public-schools-into-forts/

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Oakland to ban hammers, wrenches, tripods, walking canes, shields and other ‘tools of vandalism’ during ‘protests’

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“The city of Oakland, California now wants to ban any object that could be used as a ‘tool of vandalism,’ including hammers, wrenches, slingshots, shields and presumably anything else with a blunt edge such as garden rakes or sticks.  It’s all part of Oakland’s response to recent protests in which angry mobs of people caused significant damage to local businesses (because angry mobs tend to loot and burn their own neighborhoods first). The city claims these objects will be illegal to possess during a ‘protest,’ but there is no official definition of a ‘protest,’ meaning the police can invoke the ordinance any time they wish.”

http://www.naturalnews.com/041399_Oakland_hammers_weapons_ban.html

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Free Barrett Brown – 321 Days In Detention Pending Trial

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“Having previously been raided by the FBI on March 6, 2012 and not charged with any crime in relation to that incident, on September 12, 2012 Barrett Brown was again raided and this time arrested by the Federal Bureau of Investigation while he was online participating in a Tinychat session. He was subsequently denied bail and detained without charge and adequate medical treatment for over two weeks while in the custody of US Marshals.  On December 4, 2012 Barrett was indicted by a federal grand jury on twelve additional counts related to data from the Stratfor breach. He faces these charges simply for allegedly pasting a hyperlink online.”

http://freebarrettbrown.org/about/

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Manning Show Trial Exposes the Fraud of Representative Democracy

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“The U.S. government fears an informed American people, and an informed world public opinion, far more than it ever feared al Qaeda. What we’ve called ‘representative democracy,’ since the rise of universal suffrage in the West a century or so ago, has been an elaborate exercise in securing the outcome desired by ruling elites — preserving an intersecting alliance of corporate and state oligarchies — while maintaining the fiction of popular rule.  Manning committed the one unforgivable sin in a sham representative democracy: He let the ‘sovereign’ people in on what ‘their’ government is really doing, and whose interests it’s really serving.”

http://c4ss.org/content/20564

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What we know thanks to Bradley Mannning’s leaks to WikiLeaks

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“Bradley Manning, a 25-year-old US private, downloaded more than 700,000 classified documents from US military servers and passed them to WikiLeaks. The Guardian was one of several news organisations to publish a series of stories based on the contents of the files. Below are 10 of the most revelatory.”

http://www.rawstory.com/rs/2013/07/30/what-we-know-thanks-to-bradley-mannnings-leaks-to-wikileaks/

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