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Updated: 2 hours 6 min ago

The Bitcoin Experiment Continues Gold and Silver Persist

11 hours 54 min ago
We´ve always been a little skeptical of bitcoin and have received plenty of slings and arrows for our apparently non-libertarian stance when it comes to this private, electronic technology. But we remain interested and this Bloomberg article caught our eye. This Bloomberg Quick Take, in fact, was first posted at the beginning of October and then updated yesterday. The short article asks two significant questions: What is money and can bitcoin become an accepted money regionally or worldwide? ...

The Hunt for Beneficial Bugs A Growing Meme

11 hours 56 min ago
We've been writing a series of analyses of natural and organic farming and food; the above article in the Wall Street Journal fits right into this evolving meme. Corporations like McDonald´s are adopting "organic" as a kind of brand these days. But "organic" has a number of meanings going back decades (and actually thousands of years, in a sense.) Maybe referring to this evolving meme simply as "organic" does a disservice to those who use the word within a previous paradigm. Usually when memes ...

Bad Actors Dangerous Products and Working to Build the Right Solution

11 hours 58 min ago
Last week a lengthy report on an apparently fraudulent and dangerous medical cannabis-related product was brought to my attention. It is not a pleasure to read – always the case when we come across bad news but this news is particularly distasteful, as it comes from my own field of specialty, expertise and passion. The special report from a group called Project CBD is entitled "Hemp Oil Hustlers," published October 14, 2014. It tells of not only shady business dealings and bad actors intent ...

Are We Ready for the Fall of Baghdad

11 hours 59 min ago
I recently was in Vietnam and spent some time in prosperous, capitalist Saigon, now called Ho Chi Minh City, and toured the American War Museum. I believe there are a number of parallels between the Vietnam and Iraq War and that history could repeat itself now in Baghdad. Who can forget the former Vietnamese supporters of America being left behind as the last helicopter left the roof of the US embassy? Today, America still has the strongest military in the world but our manufacturing capacity ...

Gold and Silver an Antidote for the Internet of Money

Thu, 10/23/2014 - 03:06
It seems these days that every time we identify a new meme, we see a "fast-track" evolution. The "Internet of Money" is no exception. We wrote about the Internet of Money on October 20, and now in this article in The Local, we see an apparent furtherance of this dominant social theme. We are told that physical money is becoming less and less important. Now the Danish central bank is going to outsource its printing and save millions. "Efficiency" itself is a meme. We ran into this recently when ...

Organic at McDonalds When Is a Meme not a Meme

Thu, 10/23/2014 - 03:04
To call "organic food" a meme is questionable. From our point of view, the word "organic" by itself does not yet constitute a promotion. However, there is a debate taking place in the feedback section of The Daily Bell and it revolves around what actually constitutes a dominant social theme. The promotion – the meme – resides in the use of the word to imply certain qualities that are not present. Thus, if a firm trumpets organic food as more wholesome and healthy within the context of USDA ...

Figuring Out Life and Friendship

Thu, 10/23/2014 - 03:02
I know the secret of life. You get up each morning and put both feet on the floor. You stand up and walk through the day in as straight a line as possible. Work diligently. Treat everyone with the civility they deserve. Treat those for whom you care with patience and generosity. Forgive yourself for honest mistakes and, then, forgive others. Smile and laugh as often as you can. Then go to bed and do exactly the same thing over again. The secret of friendship has been more difficult for me to ...

More Revelations of Market Manipulation

Wed, 10/22/2014 - 03:04
Veteran financial reporter John Crudele has blown up the myth of the market-driven stock exchange with this astonishing article in the New York Post. We were attracted to it not only because it tells the truth, in our view, but because we have been making the same points regularly for years. The market is managed. Its managers want it to rise. Central banks and governments are now buying markets directly. The modern market is not in any sense reflective of the larger economy. And Crudele has ...

Organic vs Green A Growing Meme

Wed, 10/22/2014 - 03:04
Actually, as this book shows, it is green farming that is not sustainable. In pursuit of our organic meme, we've been investigating the growth of organic farming, and came upon this just-published book that encapsulates the VESTS model. (Unfamiliar with VESTS? Gain a full understanding of this model in Anthony Wile's books High Alert and Financial Freedom, available for free download here.) VESTS postulates that the globalist crowd uses various promotions to consolidate and expand international ...

Strange Value of Gold in a World That Demands It

Wed, 10/22/2014 - 03:03
A recent CNBC article tells us that "gold is sending wacky signals." ... Why? Because of a strange, emergent "correlation" that gold is now exhibiting with the recently rising dollar and bonds. The article quotes trader George Gero of RBC as saying: "It started as a hedge against lower stocks and has gained traction with lower interest rates ... The dollar hasn't really moved much. It's interesting because both gold and the dollar are safe havens, and I think it's surprising and confusing many ...

A Bit of Nietzsche Will Help

Wed, 10/22/2014 - 03:01
A distinguishing feature of Nietzsche's thought was that he believed humankind needed to overturn the old, mostly theological ethics and transform values to something new. He didn't say what that would have to be but since he identified Christian ethics with radical altruism, advising us all to live for others first and foremost, it is not unreasonable to conclude that he was thinking of a less misanthropic morality than altruism is, the view that involves "assuming a duty to relieve the ...

Zombie Ideas or Elite Memes Just Follow the Money

Tue, 10/21/2014 - 03:06
Bloomberg editorialists seem to make a habit of assuming certain elite memes are accurate and beyond reproach. Maybe they have to sign a document or something. Probably not ... but sometimes it seems like it. This editorial is a case in point. It is actually a summary of many elite anti-memes. By reading this editorial we can discern a lot about the internationalist mindset, and what might be a preferred belief structure. Here's more: About a year ago, I reminded people of a letter written to ...

Uruguay Fumbles Cannabis Rollout But Does It Matter

Tue, 10/21/2014 - 03:04
Imagine how difficult it is to allow people to set fire to an herb and inhale it. Not very. Yet according to Reuters, this is a nearly impossible task. We have no doubt that cannabis decriminalization and legalization is sweeping the West and indeed the world. The United Nations is having a major conference on cannabis legalization in 2016 and the leaders of many major countries are said to be favorable to the idea. But this article provides us with some suspense. Perhaps the idea is to offer ...

The American Dream Is Still Possible Just Not in the US

Tue, 10/21/2014 - 03:03
More Americans are living outside the United States. Although there are no firm statistics, the US State Department estimates that somewhere between 3 and 6 million Americans now live offshore and I think this is a low estimate. Although I now live in Canada, I often travel back to the United States. Driving through Customs near Buffalo is usually not a big ordeal but it does involve a time-wasting delay much like visiting the post office or any other US government bureaucracy. But governments ...

Ludwig von Mises and the Austrian Theory of Inflations and Recessions

Tue, 10/21/2014 - 03:02
Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Credit by the Austrian economist, Ludwig von Mises. Even eight decades later, it still offers the clearest analysis and understanding of booms and busts, inflations and depressions. Mises insisted that the economic rollercoaster of the business cycle was not caused by any inherent weaknesses or contradictions within the ...

Internet of Money Provides More Reasons to Consider Strategic Asset Protection

Mon, 10/20/2014 - 03:06
We've noticed a new meme creeping into economic reports: The Internet of Money. This phrase sounds mysterious and forward looking; in fact, it describes the process of money migrating to non-bank platforms. The big drama inherent in the Internet of Money is its disintermediation of banks. But in fact, it does no such thing. What it will do, and is already doing, is undermining what´s left of monetary privacy. You'd never know that from the coverage, however. Here's more: "A new wave of financial ...

Pro-Cannabis Texas Lobby Pressures Legislation

Mon, 10/20/2014 - 03:04
We can see from this recent report that cannabis decriminalization is being actively pursued in one of the largest and most conservative states in the US – Texas. The article explains that because Texas voters "do not have the right to change the law via ballot initiative as has been seen in other states as well as those voting in November this year, this effort on all fronts, will be a legislative driven movement." The point, as well, is that legislative-driven reform may prove more radical and ...

National Service is Anti-Liberty and Un-American

Mon, 10/20/2014 - 03:02
Former Clinton Administration Labor Secretary Robert Reich recently called on the government to force young people to spend two years either "serving" in the military or performing some other type of government-directed "community service." Neoconservative Senator John McCain has introduced legislation creating a mandatory national service program very similar to Reich's proposal. It is not surprising that both a prominent progressive and a leading neocon would support mandatory national service ...

Dr Raphael Mechoulam The Promise of Cannabis

Sun, 10/19/2014 - 03:06
Mostly this research is being conducted with animals – very little on humans. There are very few clinical trials. It is promising in neuropathic pain, inflammations, anxiety, schizophrenia (with CBD) and many others (see Pacher and Kunos, above). When CBD becomes a drug the picture may change. There are many reports on the treatment of various cancers in mice; unfortunately, well-designed human trials have not been done. It is unbelievable that neither government agencies nor private foundations ...

Fury Over Food Advantage to the Small-Farm Natural Foods Models

Sat, 10/18/2014 - 03:06
October 16th was "World Food Day." Perhaps you missed it, but certainly for those directly involved, it's a contentious holiday – with two well funded farming models facing off with each other. In this article I want to show how a "third way" is one that may win out despite its lack of publicity. Let's begin with the first two farming models. In the 20th century, criticisms of globalist memes were often ignored or, if necessary, isolated and mocked. In the 21st century, there is the Internet to ...

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