Estonia’s plan to let anyone become European – digitally

“In the near future, those from outside the country will have an opportunity to apply for an Estonian e-resident ID card — which means that they can use Estonian online services, open bank accounts, and start companies without ever having to physically visit Estonia.  That is, if they pass a background check similar to the visa application process and sign up to identify themselves with biometrics such as their fingerprints or iris scans.  The Estonian Ministry of the Interior’s idea to give foreigners their own Estonian ID cards was conceived seven years ago. The Estonian government approved the concept of e-residency and the once seemingly-utopian idea is now finally is coming to life.”

http://www.zdnet.com/this-is-so-freaking-huge-man-its-insane-the-plan-to-let-anyone-become-european-digitally-7000029486/

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First Pot, Now Hemp: Directed History of Cannabis Legalization Evolves

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“The marijuana meme did not emerge simply from popular action. It is surely part of a larger plan that may call for the involvement of globalist facilities in significant aspects of drug regulation. The UN, for instance, is planning on holding a huge drug conference in 2016 – a conference that was not supposed to occur until 2021. If cannabis is being legalized it is only because it now suits powerful globalists to do so. It explains the entire – and most peculiar – lack of remorse when it comes to literally hundreds of millions of lives savaged around the world by the war on drugs and cannabis criminalization in particular.”

http://www.thedailybell.com/news-analysis/35331/First-Pot-Now-Hemp-Directed-History-of-Cannabis-Legalization-Evolves/

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Cannabis Retail Regulatory Environment: Six Jurisdictions

“The following report attempts to detail the regulatory environment for cannabis retail operations for the recreational market under six jurisdictions in the United States and internationally.  All material is factual and current to the date of this publication but should not be relied upon as legal advice.  Few codes for retail sales of marijuana have been written, especially in the United States, and all carry explicit disclaimers that regulators may amend laws in the future.  Investors and prospective retailers should look to the original source documents listed at the end of this report for the most recent established code.”

http://www.thedailybell.com/public/files/Report-CannabisRetailRegEvrn.pdf

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Hawks Take Flight: Why the Fed’s Hypocritical Dialectic Continues

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“The Fed’s monetary expansion ended in 1929. The 1950s equity rise ended with a bust in the early 1960s. The Nifty Fifty fad ended with the Crash of 1969. The market recovery of the 1970s ended in 1982. The next crash was in 1987. In 1994, an expansion gave way to a recession. A great tech expansion turned sour in 2001. A housing bubble deflated violently in 2008, not just in the US but around the world. And that is where we are now. This expansion has been driven relentlessly upward for some five-plus years. Another year or two and this latest ‘Wall Street Party’ will be finished. We anticipate a downturn that will be as violent or even more so than 2008.”

http://www.thedailybell.com/news-analysis/35332/Hawks-Take-Flight-Why-the-Feds-Hypocritical-Dialectic-Continues/

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VIX Volatility Index Falls to Lowest Level in Over a Year

“The stock market’s fear gauge has fallen to its lowest level in more than a year, as investors drop their bets on large stock swings.  The index, an options-based measure of traders’ expectations for price swings in the S&P 500, is widely viewed as a proxy for the stock market’s capacity for sudden spikes and plunges.  Many traders say they detect little fear in the market lately. They cite a financial outlook that is widely perceived to pose little risk of an economic or market downturn: near-record stock prices, low interest rates, steady if unspectacular U.S. growth and expansive if receding Federal Reserve support for the economy and financial markets.”

http://online.wsj.com/news/articles/SB10001424052702303749904579578411990926536

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Barclays fined $44 million over gold price fixing

“A U.K. financial regulator has fined Barclays (BCS) $43.8 million after it accused a former trader at the bank of improperly influencing gold prices.  The British bank will be fined £26 million ($43.8 million) for failures that allowed trader Daniel James Plunkett to exploit the weaknesses in Barclays’ systems and controls to seek to influence the price of gold, which allowed the firm to ‘profit at a customer’s expense,’ according to a news release.  The fine was handed down by the Financial Conduct Authority. Separately, Plunkett was fined £95,600, or about $161,000.”

http://features.blogs.fortune.cnn.com/2014/05/23/barclays-fined-44-million-over-gold-price-fixing/

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Flooded By Gold Smuggling, India’s New Cabinet To Lift Gold Controls

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“This attempt to crush popular demand for gold merely resulted in soaring and increasingly more ingenious attempts to smuggle gold into the country, which however do not register in the official data, and as such, the government no longer has an accurate perspective of what true capital flows look like.  However, the current regime of gold demand suppression may be ending soon, and all the demand for gold may soon bubble right back to the surface. Reuters reports that the Reserve Bank of India and finance ministry officials will recommend that the new government relax strict gold import rules to head off a surge in illegal buying, officials with direct knowledge of the plan said.”

http://www.zerohedge.com/news/2014-05-21/flooded-gold-smuggling-indias-new-cabinet-prepares-lift-gold-capital-controls

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Marijuana Sector Update – May 20th 2014

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“Publicly-traded marijuana stocks continued their selloff last week as sentiment drains from highs earlier in the year. Nearly every issue posted losses last week as investors realize valuations may have gotten ahead of earnings prospects. Losses to share prices do seem to have slowed compared to prior weeks when fear over SEC trading halts raised bigger questions.  We are slowly becoming more optimistic on publicly-traded companies with prices coming closer to levels that could make for better long-term investments. The industry is progressing across the United States and internationally and many of these companies have solid long-term futures.”

http://www.thedailybell.com/market-commentary/35316/Marijuana-Sector-Update–May-20th-2014/

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Colorado: State Approves Up To $10 Million For Cannabis Research

“Democrat Gov. John Hickenlooper on Wednesdayapproved legislation to fund observational and clinical research assessing the safety and therapeutic efficacy of cannabis.  The measure earmarks up to $10 million within the state’s medical marijuana program fund to be utilized specifically to “gather objective scientific research regarding the efficacy of administering marijuana and its component parts as part of medical treatment.” The law also establishes a ‘scientific advisory council,’ which may include expert participants from around the nation, to evaluate research proposals and make recommendations in regards to funding requests.”

http://norml.org/news/2014/05/22/colorado-state-approves-up-to-10-million-for-cannabis-research

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Feds May Cut Off Water For Legal Marijuana Crops

“Some cannabis growers may soon find themselves with a lot less irrigation water if the U.S. government decides to block the use of federal water for state-legal marijuana cultivation.  The U.S. Bureau of Reclamation, which oversees management of federal water resources, ‘is evaluating how the Controlled Substances Act applies [to] water being used to facilitate marijuana-related activities,’ said the bureau.   Local water districts in Washington state and Colorado, where recreational marijuana is now legal, contract with federal water projects for supplies. Officials from some of those water districts said they assume the feds are going to turn off the spigots for marijuana growers.”

http://www.huffingtonpost.com/2014/05/19/federal-water-marijuana_n_5335219.html

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