May 2011 - Page 2 of 7 - | Page 2






25
May 11

Detroit, The Destruction Is Coming To Your Town

(Frosty Wooldridge)  For 15 years, from the mid 1970’s to 1990, I worked in Detroit , Michigan . I watched it descend into the abyss of crime, debauchery, gun play, drugs, school truancy, car-jacking, gangs and human depravity. I watched entire city blocks burned out. I watched graffiti explode on buildings, cars, trucks, buses and school yards.Trash everywhere!

Detroiters walked through it, tossed more into it, and ignored it. Tens of thousands, and then hundreds of thousands today exist on federal welfare, free housing, and food stamps!

With Aid to Dependent Children, minority women birthed eight to 10, and in one case, one woman birthed 24 children as reported by the Detroit Free Press, all on American taxpayer dollars.

A new child meant a new car payment, new TV, and whatever mom wanted. I saw Lyndon Baines Johnson’s ‘Great Society’ flourish in Detroit . If you give money for doing nothing, you will get more hands out taking money for doing nothing

Mayor Coleman Young, perhaps the most corrupt mayor in America , outside of Richard Daley in Chicago , rode Detroit down to its knees… He set the benchmark for cronyism, incompetence, and arrogance. As a black man, he said, “I am the MFIC.” The IC meant “in charge”.

You can figure out the rest Detroit became a majority black city with 67 percent African-Americans.

As a United Van Lines truck driver for my summer job from teaching math and science, I loaded hundreds of American families into my van for a new life in another city or state.

Detroit plummeted from 1.8 million citizens to 912,000 today. At the same time, legal and illegal immigrants converged on the city, so much so, that Muslims number over 300,000. Mexicans number 400,000 throughout Michigan , but most work in Detroit . As the whites moved out, the Muslims moved in.

As the crimes became more violent, the whites fled. Finally, unlawful Mexicans moved in at a torrid pace. Detroit suffers so much shoplifting that grocery stores no longer operate in many inner city locations. You could cut the racial tension in the air with a knife! Detroit may be one of our best examples of multiculturalism: pure dislike, and total separation from America .

Today, you hear Muslim calls to worship over the city like a new American Baghdad with hundreds of Islamic mosques in Michigan , paid for by Saudi Arabia oil money. High school flunk out rates reached 76 percent last June, according to NBC’s Brian Williams. Classrooms resemble more foreign countries than America . English? Few speak it! The city features a 50 percent illiteracy rate and growing.

Unemployment hit 28.9 percent in 2009 as the auto industry vacated the city. In Time Magazine’s October 4, 2009, “The Tragedy of Detroit: How a great city fell, and how it can rise again,” I choked on the writer’s description of what happened. “If Detroit had been ravaged by a hurricane, and submerged by a ravenous flood, we’d know a lot more about it,” said Daniel Okrent. “If drought and carelessness had spread brush fires across the city, we’d see it on the evening news every night.” Earthquake, tornadoes, you name it, if natural disaster had devastated the city that was once the living proof of American prosperity, the rest of the country might take notice.

But Detroit , once our fourth largest city, now 11th and slipping rapidly, has had no such luck. Its disaster has long been a slow unwinding that seemed to remove it from the rest of the country.

Even the death rattle that in the past year emanated from its signature industry brought more attention to the auto executives than to the people of the city, who had for so long been victimized by their

dreadful decision making.”

As Coleman Young’s corruption brought the city to its knees, no amount of federal dollars could save the incredible payoffs, kickbacks and illegality permeating his administration. I witnessed the city’s death from the seat of my 18-wheeler tractor trailer because I moved people out of every sector of decaying Detroit .

“By any quantifiable standard, the city is on life support. Detroit ‘s treasury is $300 million short of the funds needed to provide the barest municipal services,” Okrent said. “The school system, which six years ago was compelled by the teachers’ union to reject a philanthropist’s offer of $200 million to build 15 small, independent charter high schools, is in receivership. The murder rate is soaring, and 7 out of 10 remain unsolved. Three years after Katrina devastated New Orleans , unemployment in that city hit a peak of 11%. In Detroit today, the unemployment rate is 28.9%. That’s worth spelling out: twenty-eight point nine percent.

At the end of Okrent’s report, and he will write a dozen more about Detroit, he said, “That’s because the story of Detroit is not simply one of a great city’s collapse, it’s also about the erosion of the industries that helped build the country we know today. The ultimate fate of Detroit will reveal much about the character ofAmerica in the 21st century.

If what was once the most prosperous manufacturing city in the nation has been brought to its knees, what does that say about our recent past? And if it can’t find a way to get up, what does that say about America ’s future?”

As you read in my book review of Chris Steiner’s book,”$20 Per Gallon”, the auto industry won’t come back. Immigration will keep pouring more and more uneducated third world immigrants from the Middle East into Detroit , thus creating a beachhead for Islamic hegemony in America . If 50 percent illiteracy continues, we will see more homegrown terrorists spawned out of the Muslim ghettos of Detroit . Illiteracy plus Islam equals walking human bombs.

You have already seen it in Madrid , Spain , London , England and Paris , France with train bombings, subway bombings and riots. As their numbers grow, so will their power to enact their barbaric Sharia Law that negates republican forms of government, first amendment rights, and subjugates women to the lowest rungs on the human ladder. We will see more honor killings by upset husbands, fathers and brothers that demand subjugation by their daughters, sisters and wives. Muslims prefer beheadings of women to scare the hell out of any other members of their sect from straying. Multiculturalism: what a perfect method to kill our language, culture, country and way of life.

I PRAY EVERYONE THAT READS THIS REALIZES THAT IF WE DON’T STAND UP, AND SCREAM AT WASHINGTON , AND OUR STATE, CITY AND LOCAL LEADERS THIS IS WHAT AWAITS THE REST OF AMERICA . IF YOU THINK MEXICANS AND MUSLIMS AND OTHER FORIEGNERS WILL EVENTUALLY FIT RIGHT IN THEN YOU ARE AS BIG A PART OF THE PROBLEM AS THEY ARE.

IF YOU THINK THIS IS JUST A BUNCH OF HOOEY AND YOU FEEL NO DUTY TO FIGHT FOR THIS COUNTRY, THEN I’M SORRY, I DON’T KNOW WHAT IT WILL TAKE FOR YOU TO STAND AND FIGHT.

“Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.” — Benjamin Franklin

Source-http://beforeitsnews.com/story/663/419/AID_Destroyed_Detroit,_The_Destruction_Is_Coming_To_Your_Town:_Wooldridge.html


25
May 11

32 Signs The World Is Being Transformed Into A Big Brother Prison Grid

(American Dream)  Do you want your children and grandchildren to live in a futuristic “big brother” control grid where everything they do is watched, recorded, tracked and tightly controlled?  Well, that is exactly where things are headed.  We witnessed some really bad totalitarian regimes during the 20th century, but what is coming is going to be far more restrictive than any of the despots of the past ever dreamed was possible.  Today, nearly every government on earth is tightening their grip on their citizens.  Paranoia has become standard operating procedure all over the planet and nobody is to be trusted.  Global politicians will give speeches about liberty and freedom even as they undermine them at every turn.  There are very, very few nations on the planet where liberty and freedom are increasing.  Instead, almost everywhere you turn the “control grid” is getting tighter.  Governments don’t want us gathering together and interacting with one another.  Instead, they want us to work our tails off to support the system, they want us enslaved financially and constantly drowning in debt, and they want us addicted to television and other forms of entertainment.  They want us as numb and docile as possible.  Meanwhile, all over the globe they continue to construct a futuristic “big brother” control grid that will ensure that they will always be able to control us.

Sadly, this is not the plot to some post-apocalyptic science fiction movie.

This is really happening.

When you read the list below, each of the 32 signs may not seem to be all that significant individually.  However, when they are all taken together, they paint a truly frightening picture….

#1 The days of the free and open Internet are slowly coming to an end.  Many nations around the world have implemented strict Internet censorship and many other nations are moving in that direction.  With each passing year the level of freedom on the Internet diminishes.

Regulation of the Internet has even become a primary topic of discussion at G-8 meetings.  According to The New York Times, French President Nicolas Sarkozy is leading the charge for a more “civilized Internet”….

Leaders of the Group of 8 industrialized countries are set to issue a provocative call for stronger Internet regulation, a cause championed by the host of the meeting, President Nicolas Sarkozy of France, but fiercely opposed by some Internet companies and free-speech groups.

Why are free speech groups strongly opposing what Sarkozy is trying to do?

It is because western governments want to kill liberty and freedom on the Internet just like China is doing.  The Internet has been a great tool for waking people up and distributing information, and the control freaks that want to run all of our lives do not like that one bit.

#2 Internet censorship in China, the largest nation on earth, is absolutely brutal. The Chinese government blocks any websites that talk about such topics as the Dalai Lama, the 1989 crackdown on Tiananmen Square protesters and Falun Gong.

Even web searches for the English word “freedom” are blocked.

#3 Starting next year, all new cellphones will be required to contain a chip that will allow the president to broadcast “emergency alerts” to the cellphones whenever the president wants.  Cellphone users will not be allowed to opt out of the presidential messages.

The following is how a CBS news report describes the new system….

A new national alert system is set to begin in New York City that will alert the public to emergencies via cell phones.

It’s called the Personal Localized Alert Network or PLAN. Presidential and local emergency messages as well as Amber Alerts would appear on cell phones equipped with special chips and software.

#4 The U.K. has more surveillance cameras per citizen than anywhere else in the world. In fact,according to one estimate, there are 4.8 million video cameras constantly watching every move citizens make.

#5 A “certified TSA official” was brought in to oversee student searches at the Santa Fe High School prom last weekend.

Will this kind of thing soon be happening at every high school in America?

#6 The U.S. Department of Agriculture is spending huge amounts of money to install surveillance cameras in the cafeterias of public schools so that government control freaks can closely monitor what our children are eating.

The following is how a recent article posted on Infowars.com describes this new program….

Billed as part of an effort to reduce obesity and improve eating habits, small cameras are programmed to take snapshots of lunch trays before and after each student eats. Each child is uniquely identifiable via a barcode attached to the tray. The amount of calories and nutrients that each child has consumed is then calculated via a database containing 7,500 different varieties of food.

#7 The EU is spending hundreds of millions of euros on propaganda campaigns in an attempt to convince the citizens of Europe that the EU is good for them.

#8 Today, FBI surveillance teams regularly employ warrantless GPS tracking to monitor the movements of peaceful activists – even if they are not suspected of ever committing a crime.  The Obama administration is fighting in court to keep this practice legal.

#9 According to FBI Director Robert Mueller, “homegrown terrorists” represent as big a threat to American national security as al-Qaeda does.

#10 Federal VIPR teams are establishing a series of “internal checkpoints” all across the United States.  The following is how a recent article by Paul Joseph Watson described these VIPR team activities….

The TSA has announced its intention to expand the VIPR program to include roadside inspections of commercial vehicles, setting up a network of internal checkpoints and rolling out security procedures already active in airports, bus terminals and subway stations to roads and highways across the United States.

By the way, who in the world decided that it would be a good idea to call them “VIPR teams”?

What is next?  Are we going to find out that the TSA has hired Cobra Commander and Destro as consultants?

#11 Thousands of “dysfunctional” families in the U.K. are being subjected to intensive 24-hour surveillance to make sure that their children attend school, go to bed on time and eat proper meals.

#12 U.S. Senator Chuck Schumer says that Amtrak should have a “no ride list” similar to the “no fly list” used at U.S. airports.

Before you can get on an airplane today, your name is checked to make sure that it is not on any international watch lists.

So what do you have to do to get on an international watch list?

Nobody really knows.

What is next?

A “no breathe list”?

#13 U.K. authorities are now admitting that every phone call, text message, email and website visit made by private citizens will be stored for one year and will be available for monitoring by government agencies.

#14 The amount of cell phone surveillance that goes on is absolutely staggering.  For example, one German politician named Malte Spitz recently went to court to force Deutsche Telekom to reveal how often his cell phone was being tracked.  What he found out was absolutely amazing.  It turns out that in just one 6 month period, Deutsche Telekom recorded the longitude and latitude coordinates of his cell phone 35,000 times.

#15 DARPA has now developed new video surveillance technology that many are warning will bring about the end of public anonymity.  The following is how the ExtremeTech blog is describing this new technology….

To be in public is to be on camera, but most video footage is discarded, as only so much can be sorted and analyzed — until now. DARPA has created a technology that can index and analyze video in real-time, marking the end of anonymity in public places.

#16 In the U.K., it is now illegal to photograph the police for any reason whatsoever.

#17 Police in the U.K. have purchased software that will enable them to easily follow the “digital footprints” of virtually anyone.  The following is how one recent news report in the U.K. described this new software….

The Metropolitan Police has bought Geotime, a security programme used by the U.S. military which tracks suspects’ movements and communications and displays them on a three-dimensional graphic.

The software aggregates information gathered from social networking sites, GPS devices like the iPhone, mobile phones, financial transactions and IP network logs to build a detailed picture of an individual’s movements.

#18 In Tacoma, Washington a seventh grade student was recently questioned by the Secret Serviceabout a message that he posted on his Facebook page.

Be very careful about what you put up on Facebook or Twitter.  The entire world can see it.

#19 According to the ACLU, state police in Michigan are using “extraction devices” to download data from the cellphones of motorists that they pull over.  This is taking place even if those pulled over are not accused of doing anything wrong.

The following is how an article on CNET News describes the capabilities of these “extraction devices”….

The devices, sold by a company called Cellebrite, can download text messages, photos, video, and even GPS data from most brands of cell phones. The handheld machines have various interfaces to work with different models and can even bypass security passwords and access some information.

#20 Last year, one shocking poll found that 51 percent of Americans agree with this statement: “It is necessary to give up some civil liberties in order to make the country safe from terrorism.”

#21 The MPAA and RIAA have submitted their master plan for enforcing copyright rights to the new Office of Intellectual Property Enforcement and it includes installing spyware on everyone’s computersthat would detect and delete any infringing materials.

#22 The U.K.’s new Internet law includes a “three strikes” rule that allows your entire family to be cut off from the Internet if anyone who lives in your house is accused of copyright infringement – without proof or evidence or trial.

#23 Would you like to have your face scanned and your ID recorded every time you attend a public event?  Don’t laugh.  The San Francisco Entertainment Commission is actually proposing a new rulewhich “would require all venues with an occupancy of over 100 people to record the faces of all patrons and employees and scan their ID’s for storage in a database which they must hand over to law enforcement on request.”

#24 Today, the U.S. government and governments all over the industrialized world have become so obsessed with reducing carbon emissions that now they even tell us what kinds of light bulbs we are allowed to buy.

#25 The Obama administration is developing a universal “Internet ID” program that would watch, track, monitor and potentially control your activity on the Internet. These “trusted identities” are being touted as a way to increase safety and security on the Internet and as a way to eliminate the need for dozens of different usernames and passwords.

#26 As I have written about previously, the “Internet kill switch” is rapidly becoming one of the favorite new tools of tyrannical governments all over the globe….

Once upon a time, the Internet was a bastion of liberty and freedom, but now nation after nation is cracking down on it. In fact, legislation has been introduced once again in Congress that would give the president of the United States an “Internet kill switch” that he would be able to use in the event of war or emergency. Of course there would be a whole lot of wiggle room in determining what actually constitutes a true “emergency”. The members of Congress that are pushing this “Internet kill switch” bill want the U.S. to become more like China in this regard.

#27 A shocking document released by Wikileaks proves that high level U.S. government officials have been pushing for North American integration.  According to the document, some of the goals of this integration would be to turn North America into an economic zone similar to the EU, to have one common currency for the entire continent and to have one common “security perimeter” for the entire continent.

Let us hope that a plan like this never comes to pass.

#28 One of the most liberty-killing pieces of legislation in recent years was the Patriot Act.  Unfortunately, the vast majority of Republicans and the vast majority of Democrats will never vote against the renewal of the Patriot Act because they don’t want to look “soft” on terrorism.

About the only U.S. Senator to stand up against the Patriot Act is Rand Paul.  He is doing all he can to fight a one man battle against the Patriot Act but Senate Majority Leader Harry Reid is doing his best to extend the Patriot Act without any debate taking place.

Top Democrats are attempting to claim that even debating the renewal of Patriot Act provisions would “endanger” national security.

Of course most Republicans are not going to stand in the way because they absolutely love the Patriot Act.

If you still believe that the Patriot Act is a good idea, you should watch this video, and you should readthis recent article.

#29 If you display the wrong political message on your car, you may find law enforcement officials cracking down on you.

A 73-year-old Virginia resident was recently kicked out of a national park for displaying a sticker promoting “Ron Paul’s Campaign for Liberty” on his car.

The following is an excerpt from a recent Rutherford Institute report about this incident….

The Rutherford Institute has come to the defense of a 73-year-old Virginia resident who was allegedly ordered by a park ranger to remove his car from a national military park in South Carolina because of political messages attached to his vehicle. Jack Faw, whose ancestors fought in the historic battle memorialized at Kings Mountain National Military Park, contacted The Rutherford Institute after being told by a park ranger that the decal promoting a political organization associated with Rep. Ron Paul (R-TX), which was displayed on the back window of Faw’s car, was not allowed in the park.

#30 Brutal crowd control techniques are not just for major events anymore. Recently, riot police in Illinois used tear gas, LRAD sound weapons and crowd suppression tactics against a bunch of college students that were just blowing off some steam at a year-end block party at Western Illinois University.

#31 The U.S. government is gathering more information on all of us than ever before.  According to a recent article in the Baltimore Sun, every six hours the volume of information that the NSA gathers is equivalent to the entire Library of Congress.

Nobody is anonymous anymore.  The truth is that the U.S. government, governments across the globe and major international corporations have more information about you than you probably ever dared to imagine.

#32 If you think things are bad now, just wait until you see what global authorities have planned for the future.

Are you ready to live in a “Planned-opolis”?  Are you ready to use a “calorie card” and to have what you eat determined by a “global food council”?

The following video was originally produced by the Forum for the Future, a major NGO funded by big corporations such as Time Warner and Royal Dutch Shell.  In this video, the Forum for the Future presents their chilling version of the future….

If you don’t want to live in a “Planned-opolis” where everything you do is constantly watched, tracked and controlled by a horde of bureaucrats then you better say something now.

The entire globe is moving in the direction of totalitarianism.  Our world is literally becoming a prison grid.  Of course those in power say that we need more regulation and more control “for the good of humanity”, but that has never worked out too well in the past, now has it?

If you don’t like the direction this world is headed then now is the time to stand up and let your voice be heard.  If you wait until they are ripping the last shreds of liberty and freedom away from you it will be too late.

Source-http://endoftheamericandream.com/archives/32-signs-that-the-entire-world-is-being-transformed-into-a-futuristic-big-brother-prison-grid


25
May 11

DHS Merges with Pentagon and NSA Under Obama’s Cyber Threat Plan

(Kurt Nimmo)  roposed legislation that will give the Department of Homeland Security more “autonomy” in its effort to protect civilian computer networks from ostensible cyber attack, according to Information Week.

White House officials testified Monday before the Senate Committee on Homeland Security and Governmental Affairs about the comprehensive plan presented by the administration two weeks ago to create legislation to protect critical infrastructure and networks. It will merge operations with the Pentagon.

CBS propaganda: Cyber threat will destroy super power status of the U.S.

“One key aspect of the plan is to put the DHS’s mission to protect U.S. federal civilian networks on par with the DOD’s mission to protect U.S. military networks, giving the DHS more autonomy to act against cyberthreats on behalf of the government than before,” writes Elizabeth Montalbano for the technology publication.

DHS has also sought to merge the effort with the NSA and various civilian operations.

Last October, the Obama administration adopted new procedures for using the Defense Department’s vast array of cyberwarfare capabilities in case of an attack on vital computer networks inside the United States, “delicately navigating historic rules that restrict military action on American soil,” according to the New York Times.

According to the Times, a team of military networking experts would be assigned to the operations center at the Homeland Security Department. The new approach will begin with a Department of Homeland Security team deploying to Fort Meade, Maryland, home to both the National Security Agency, which specializes in electronic espionage, and the military’s new Cyber Command.

At the time, government officials said the new rules contain “a rapid response to a cyberthreat while balancing concerns that civil liberties might be at risk should the military take over such domestic operations,” in other words the government announced effort to protect against the hyped threat of cyber terrorism would require a sacrifice of liberty.

The DHS plan announced on Monday will give “the DHS – recognizing our similar role to DOD with regard to federal civilian networks – similar authority with regard to personnel so we can bring them on board rapidly,” Philip R. Reitinger, deputy undersecretary for the DHS National Protection and Programs Directorate, told Congress.

The plan also gives DHS “much clearer authority and responsibility to work in a voluntary way” with the private sector, something it already has been doing, Reitinger added.

In 2009, Pentagon spokesman Bryan Whitman sidestepped answering if the Pentagon’s cyber command would be capable of offensive operations as well as protecting the Department of Defense. “This command is going to focus on the protection and operation of DoD’s networks,” he said. “This command is going to do what is necessary to be able to do that.”

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In 2006, a Pentagon document entitled the Information Operation Roadmap was released to the public after a Freedom of Information Request by the National Security Archive at George Washington University.

It states that the Pentagon has developed a “robust offensive suite of capabilities to include full-range electronic and computer network attack… We Must Fight the Net.”

Source-http://www.infowars.com/dhs-merges-with-pentagon-and-nsa-under-obamas-cyber-threat-plan/


24
May 11

Feds Seize 8 More Domains In Piracy Crackdown

(David Kravets) The Department of Homeland Security seized at least eight website addresses over the weekend, bringing to 128 the number of domains confiscated as part of a government piracy crackdown.

The government is taking the sites with court approval, under the same civil seizure law the government invokes to seize brick-and-mortar drug houses, bank accounts and other property tied to illegal activity.

The seizures, first reported by TorrentFreak, came as Congress is mulling dramatically increasing the government’s legal power to disrupt and shutter websites “dedicated to infringing activities.”

The sites seized are:

  • Re1ease.net
  • Watchnewfilms.com
  • Dvdcollectionsale.com
  • Dvdscollection.com
  • Dvdsetsonline.com
  • Newstylerolex.com
  • Mygolfaccessory.com
  • Overbestmall.com

DHS’s Immigration and Customs Enforcement agency began seizing the domains last year in a program known as “Operation in Our Sites.”

Source-http://www.wired.com/threatlevel/2011/05/eight-domains-seized/


24
May 11

More Twisters To Come

( Jonathan Erdman)  Sadly, given the events in Joplin, Mo. and Minneapolisthis past weekend, we are not through with severe weather this week. Not by a longshot.

The ingredients are in place for a classic Plains tornado outbreak Tuesday. First, we have a screencast discussing how this setup compares to the infamous May 3, 1999 tornado outbreak. Then, we’ll highlight the area of greatest risk, then step through why this is the case.

Another May 3, 1999?

The very date is chilling. An F5 tornado, the first on record documented in the Oklahoma City metro, carved through the area that afternoon and evening.

Senior Meteorologist Jonathan Erdman (Follow Jonathan on Twitter) compares the weather setup Tuesday vs. the May 3, 1999 setup in the video below. The message here isn’t necessarily that there will be another Moore/Oklahoma City event Tuesday. We can’t predict exact supercell tracks ahead of time. However, it suggests the potential atmospheric setup is at least on par, if not more explosive than that May 3, 1999 event!

Tuesday’s Outbreak Forecast Now let’s examine the areas of greatest risk Tuesday.

NOAA’s Storm Prediction Center typically issues a high risk for severe t-storms only when a major severe weather outbreak is anticipated. This often includes a concentration of strong tornadoes. 

Below is a clickable map highlighting the area of high risk Tuesday in the Plains states.

Cities in “high risk”Wichita | Oklahoma City | Tulsa

TWC Severe Weather Expert, Dr. Greg Forbes (Find him on Facebook) has updated thelatest TOR:CON tornado-risk index values, as well.

SPC “high risk” days in 2011
This is the fourth “high risk” day so far this spring. Here is a list of the other three days and how they turned out. While not all “high risk” days verify as major severe weather events, the record so far this spring is perfect.

  • Apr. 16: “Carolina Outbreak” (69 tornadoes…32 in NC…13 in VA…26 killed)
  • Apr. 26: “Mid-South Outbreak” (56 tornadoes….1 killed in AR)
  • Apr. 27: “Southeast Outbreak” (232 tornadoes315 killed)

Why is Tuesday looking so dangerous? Put simply, it’s a setup straight out of meteorology textbooks. Let’s delve into the ingredients.

Moisture: Check!

First, you need rich low-level moisture to provide fuel for thunderstorms. Below is a current dew point map of the Plains showing surface moisture values. Values in the 50s are considered a minimum bound for significant severe t-storm development. Dew points in the 60s and 70s indicate more muggy air near the surface. Assuming the moisture is deep enough, the more humid the air, the lower the thunderstorm’s cloud base, more favorable for not only supercells, but tornadic supercells (more on that later).

Click for more maps
Latest dew point map for Plains states | See more current maps
Instability: Check!

To support severe t-storms, you want cold, dry air aloft with warm, muggy air near and just above the earth’s surface. Meteorologists use a parameter called convective available potential energy or “CAPE” to identify areas where that instability exists to support severe thunderstorms. The higher the CAPE, the stronger a thunderstorm’s updraft is, assuming there’s no warm air aloft to squelch the formation of thunderstorms.

As you can see highlighted below, the central Plains have plenty of instability, denoted by the purple and dark blue shadings.

Forecast of “CAPE” for Tuesday afternoon 4pm CDT
Image: Wright-Weather.com

For supercell thunderstorms, you also need strong wind shear. 

Wind Shear: Check!

Put simply, changing wind speeds and direction with height, “wind shear” allows a thunderstorm’s downdraft to deposit heavy precipitation away from its updraft. In addition to vertical pressure gradients generated, this allows a “supercell” thunderstorm to persist for hours at a time.

One way the so-called “deep-layer” shear is maximized is by a “streak” of jet-stream-level energy punching over the top of the warm, humid low-level air mass.

In the image loop below, you can see that jet streak coming out of the Desert Southwest, punching into the Plains states Tuesday afternoon and evening.

Forecast jet stream level wind speeds from 8am ET Tue. – 2am ET Wed.
Images: Wright-Weather.com

So now we’ve detailed some ingredients for supercell thunderstorms. But what is it that makes them tornadic?

Near-surface boundaries: Check!

Finally….you need a mechanism to lift the warm, humid air near the surface, a place where near-surface winds converge, or come together. In the Plains this time of year, this often happens along either the dryline (brown scalloped line in map below) or along cold or warm fronts.

In addition, research has suggested that what separates tornado outbreaks from severe thunderstorm outbreaks is the magnitude of the low-level wind shear, or how quickly the winds change from the surface to just a thousand feet or so aloft. Generally speaking, the greatest low-level wind shear can be found near surface low pressure systems or warm fronts. Indeed Tuesday, a dryline, surface low, and warm front will all be in play.

Forecast surface weather map for Tuesday evening, May 24, 2011.
Image: NOAA/HPC
A strong cap: Check!

With all these ingredients in play, sometimes the atmosphere can’t keep a lid on it long enough to realize its full potential.

The most classic Plains tornado outbreaks feature a strong “cap” or inhibiting lid, a few thousand feet in the atmosphere effectively squelching t-storm development until peak heating of the atmosphere occurs in late afternoon.

Think of this in terms of a pot of water on the stove. If you don’t cover the pot of water, the steam escapes freely as the water boils. When the atmosphere remains uncapped in the morning or early afternoon, you may still get severe thunderstorms, but they may be more numerous and less vigorous, and may squash the potential for more dangerous storms later, or completely stabilize the atmosphere inhibiting any later-day storms.

However, add a cover to the pot, wait a period of time, then remove the cover, and the steam rushes up from the boiling water more vigorously than if it wasn’t covered. This is the role of the “cap” in the atmosphere. The result, dangerous supercell thunderstorms erupt in the late afternoon or early evening.

You can see the cap holding over the Plains in the animated model forecast radar map below. Note the lack of rain/t-storms in southern Kansas, Oklahoma, and Texas during the day, followed by an eruption of storms by late evening.

Model forecast radar from 8am ET to 8pm ET Tuesday
Images: Wright-Weather.com

Unfortunately, this isn’t just limited to Tuesday. Dr. Forbes projects the tornado outbreak spreads east Wednesday. The peak tornado threat Wednesday appears to be from Iowa to northeast Texas.

Source-http://www.weather.com/outlook/weather-news/news/articles/tornado-outbreak-tue-classic-ingredients_2011-05-23


23
May 11

VIDEO-Judge Ordered TSA Patdowns At Santa Fe Prom

(Thomas Dishaw) A Federal Judge has ordered TSA to be present at a Santa Fe prom. In response to two sisters getting” groped” at a high school dance, a New Mexico Judge ruled TSA had to supervise this years event by making students go through TSA pat downs and gropings.  Thankfully the school district couldn’t comply with  the judges orders,because of time constraints. In turn State Police were brought in to search the students and get them accustomed to the unfolding ” police state”.


23
May 11

Tornado Destroy’s Joplin Missouri

(AP)  A massive tornado that tore through the southwest Missouri city of Joplin killed at least 89 people, but authorities warned that the death toll could climb Monday as search and rescuers continued their work at sunrise.

City manager Mark Rohr announced the number of known dead at a pre-dawn news conference outside the wreckage of a hospital that took a direct hit from Sunday’s storm. Rohr said the twister cut a path nearly six miles long and more than a half-mile wide through the center of town, adding that tornado sirens gave residents about a 20-minute warning before the tornado touched down on the city’s west side.

Much of the city’s south side was leveled, with churches, schools, businesses and homes reduced to ruins.

Fire chief Mitch Randles estimated that 25 percent to 30 percent of the city was damaged, and said his own home was among the buildings destroyed as the twister swept through this city of about 50,000 people some 160 miles south of Kansas City.

“It cut the city in half,” Randles said.

An unknown number of people were injured in the storm, and officials said patients were scattered to any nearby hospitals that could take them.

Authorities planned to conduct a door-to-door search of the damaged area Monday morning, but were expected to move gingerly around downed power lines, jagged debris and a series of gas leaks that caused fires around the city overnight.

“We will recover and come back stronger than we are today,” Rohr said defiantly of his city’s future.

Early Monday, Gov. Jay Nixon said fires from gas leaks still burned across the city.

“It’s a very, very precarious situation,” Nixon told CNN. “It’s going to be a stark view as people see dawn rise in Joplin, Missouri.”

Residents said the damage was breathtaking in scope.

“You see pictures of World War II, the devastation and all that with the bombing. That’s really what it looked like,” said Kerry Sachetta, the principal of a flattened Joplin High School. “I couldn’t even make out the side of the building. It was total devastation in my view. I just couldn’t believe what I saw.”

The same storm system that produced the Joplin tornado spawned twisters along a broad swath of the Midwest, from Oklahoma to Wisconsin. At least one person was killed in Minneapolis. But the devastation in Missouri was the worst of the day, eerily reminiscent the tornadoes that killed more than 300 people across the South last month.

Sunday’s storm in Joplin hit a hospital packed with patients and a commercial area including a Home Depot construction store, numerous smaller businesses and restaurants and a grocery store. Jasper County emergency management director Keith Stammer said an estimated 2,000 buildings were damaged.

Among the worst-hit locations in Joplin was St. John’s Regional Medical Center. The staff had just a few moments’ notice to hustle patients into hallways before the storm struck the nine-story building, blowing out hundreds of windows and leaving the facility useless.

In the parking lot, a helicopter lay crushed on its side, its rotors torn apart and windows smashed. Nearby, a pile of cars lay crumpled into a single mass of twisted metal. Matt Sheffer dodged downed power lines, trees and closed streets to make it to his dental office across from the hospital. Rubble littered a flattened lot where a pharmacy, gas station and some doctor’s offices once stood.

“My office is totally gone. Probably for two to three blocks, it’s just leveled,” he said. “The building that my office was in was not flimsy. It was 30 years old and two layers of brick. It was very sturdy and well built.”

St. John’s patients were evacuated to other hospitals in the region, said Cora Scott, a spokeswoman for the medical center’s sister hospital in Springfield.

Early Monday morning, floodlights from a temporary triage facility lit what remained of the hospital that once held as many 367 patients. Police officers could be seen combing the surrounding area for bodies.

Miranda Lewis, a spokeswoman for St. John’s, was at home when the tornado sirens began going off. By early Monday, she still had no details on any deaths or injuries suffered at the hospital in the tornado strike, although she had seen the damaged building.

“It’s like what you see someplace else, honestly,” Lewis said. “That’s a terrible way to say it, but you don’t recognize what’s across the street.

“I had seen it on television, but until you’re standing right here and see the devastation, you can’t believe it.”

Michael Spencer, a national Red Cross spokesman who also assisted in the aftermath of a tornado that devastated nearby Pierce City in 2003, was also stunned.

“I’ve been to about 75 disasters, and I’ve never seen anything quite like this before,” Spencer said. “You don’t typically see metal structures and metal frames torn apart, and that’s what you see here.”

Triage centers and shelters setup around the city quickly filled to capacity. At Memorial Hall, a downtown entertainment venue, nurses and other emergency workers from across the region were treating critically injured patients.

At another makeshift unit at a Lowe’s home improvement store, wooden planks served as beds. Outside, ambulances and fire trucks waited for calls. During one stretch after midnight Monday, emergency vehicles were scrambling nearly every two minutes.

Winds from the storm carried debris up to 60 miles away, with medical records, X-rays, insulation and other items falling to the ground in Greene County, said Larry Woods, assistant director of the Springfield-Greene County Office of Emergency Management.

Travel through and around Joplin was difficult, with Interstate 44 shut down and streets clogged with emergency vehicles and the wreckage of buildings.

Emergency management officials rushed heavy equipment to Joplin to help lift debris and clear the way for search and recovery operations. Gov. Jay Nixon declared a state of emergency, and President Barack Obama said the Federal Emergency Management Agency was working with state and local agencies.

Jeff Lehr, a reporter for the Joplin Globe, said he was upstairs in his home when the storm hit but was able to make his way to a basement closet.

“There was a loud huffing noise, my windows started popping. I had to get downstairs, glass was flying. I opened a closet and pulled myself into it,” he told The Associated Press. “Then you could hear everything go. It tore the roof off my house, everybody’s house. I came outside and there was nothing left.”

An aching helplessness settled over residents, many of whom could only wander the wreckage bereft and wondering about the fate of loved ones.

Justin Gibson, 30, huddled with three relatives outside the tangled debris field of what remained of a Home Depot. He pointed to a black pickup that had been tossed into the store’s ruins and said it belonged to his roommate’s brother. “He was last seen here with his two little girls,” ages 4 and 5, Gibson said.

“We’ve been trying to get ahold of him since the tornado happened,” Gibson said, adding his own house had been leveled.

“It’s just gone. Everything in that neighborhood is gone. The high school, the churches, the grocery store. I can’t get ahold of my ex-wife to see how my kids are,” he said, referring to his three children, ranging in age from 4 months to 5 years.

“I don’t know the extent of this yet,” Gibson said, “but I know I’ll have friends and family dead.”

Minneapolis city spokeswoman Sara Dietrich said the death there was confirmed by the Hennepin County medical examiner. She had no other immediate details. Only two of the 29 people injured there were hurt critically.

Though the damage covered several blocks in Minneapolis, it appeared few houses were totally demolished. Much of the damage was to roofs, front porches that had been sheared away, or smaller items such as fences and basketball goals.

In Wisconsin, the mayor of La Crosse declared a state of emergency Sunday after a powerful storm tore roofs from homes and littered streets and lawns with downed trees and debris.

Additional storms were predicted across the southern Plains through Thursday morning.

An advisory from the Storm Prediction Center in Norman, Okla., said warm weather Monday could fuel instability in advance of another weather system. A few tornadoes, some strong, could occur – starting in Oklahoma and southern Kansas in the afternoon and in North Texas in the late afternoon.

Photos-http://www.stltoday.com/news/local/metro/article_510b0a86-84cf-11e0-9387-001a4bcf6878.html?mode=image&photo=2

Source-http://www.stltoday.com/news/local/article_510b0a86-84cf-11e0-9387-001a4bcf6878.html


22
May 11

Gold, Silver Coins To Be Legal Currency In Utah

(AP)  Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being “as good as gold.”

To make that point, they’ve turned it around, and made gold as good as cash. Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes.

Craig Franco hopes to cash in on it with his Utah Gold and Silver Depository, and he thinks others will soon follow.

The idea is simple: Store your gold and silver coins in a vault, and Franco issues a debit-like card to make purchases backed by your holdings.

He plans to open for business June 1, likely the first of its kind in the country.

“Because we’re dealing with something so forward thinking, I expect a wait-and-see attitude,” Franco said. “Once the depository is executed and transactions can occur, then I think people will move into the marketplace.”

The idea was spawned by Republican state Rep. Brad Galvez, who sponsored the bill largely to serve as a protest against Federal Reserve monetary policy. Galvez says Americans are losing faith in the dollar. If you’re mad about government debt, ditch the cash. Spend your gold and silver, he says.

His idea isn’t to return to the gold standard, when the dollar was backed by gold instead of government goodwill. Instead, he just wanted to create options for consumers.

“We’re too far down the road to go back to the gold standard,” Galvez said. “This will move us toward an alternative currency.”

Earlier this month, Minnesota took a step closer to joining Utah in making gold and silver legal tender. A Republican lawmaker there introduced a bill that sets up a special committee to explore the option. North Carolina, Idaho and at least nine other states also have similar bills drafted.

At the moment, Franco’s idea would generally be the only practical use of the law in Utah, given the legislation doesn’t require merchants to accept the coins, either at face value – $50 for a 1-ounce gold coin – or market value, currently almost $1,500 per ounce. And no one expects people will be walking around town with pockets full of gold and silver.

Matt Zeman, market strategist for Kingsview Financial in Chicago, expects more people will start investing in gold as America’s growing debt and bankruptcies in other countries continue to decrease the value of government-backed money.

“You’ve seen gold replacing these currencies as safety instruments,” Zeman said. “If I don’t feel good about the dollar or other currencies, I’m putting my money in precious metals.”

Some supporters, including the law’s sponsor, seek to push Congress toward removing the tax burdens that discourage use of the coins, such as a federal capital gains tax.

“Making gold and silver coins legal tender sends a strong signal to Congress and the Federal Reserve that their monetary policy is failing,” said Ralph Danker, project director for economics at the Washington, D.C.-based American Principles in Action, which helped shape Utah’s law. “The dollar should be backed by gold and silver, so we have hard money.”

The U.S. and many other countries largely abandoned gold-backed money during World War II because they needed to print more cash to pay for the war. Later, during the Great Depression, President Franklin D. Roosevelt took steps that essentially prohibited gold and silver as legal currency to prevent hoarding.

In 1971, President Nixon formally abandoned the gold standard.

Fifteen years later, the U.S. Mint began producing the gold and silver American Eagle coins, primarily aimed at investment portfolios and allowing people to trade them at market value but with capital gains taxes on profits.

Utah is now allowing the coins to be used as legal tender while levying no taxes.

Opponents of the law warn such a policy shift nationwide could increase the prospect of inflation and could destabilize international markets by removing the government’s flexibility to quickly adjust currency prices.

“We’d be going backward in financial development,” said Carlos Sanchez, director of Commodities Management for The CPM Group in New York. “What backs currency is confidence in a government’s ability to pay debt, its government system and its economy.”

Larry Hilton, a Utah attorney who helped draft the law, disagrees and says the gold standard would restore faith in American money at a time when spiraling debt is weakening confidence.

“We view this as a dollar-friendly measure,” Hilton said. “It will strengthen the dollar by refocusing policy matters in Washington on what led to the phrase, `the dollar is as good as gold.'”

Source-http://hosted.ap.org/dynamic/stories/U/US_BACK_TO_GOLD?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-05-22-15-23-20


22
May 11

Air Force Wants to Track You Forever With a Single Camera Click

(Noah Shachtman)  Don’t bother with the iris scanner or the fingerprinting machine. Leave the satellite-enabled locators andtell-tale scents back on the base, military manhunters. If an Air Force plan works out as planned, all you’ll need to track your prey is a single camera, snapping a few seconds of footage from far, far away.

Huntsville, Alabama’s Photon-X, Inc. recently received an Air Force contract to develop such a camera. With one snap, the company claims, its sensor can build a three-dimensional image of a person’s face: the cornerstone of a distinctive “bio-signature” that can be used to track that person anywhere. With a few frames more, the device can capture that face’s unique facial muscle motions, and turn those movements into a “behaviormetric” profile that’s even more accurate.

“The proposed work will help identify non-cooperative dismounts using remote sensors, from standoff distances that were previously impossible,” reports Toyon Research Corporation, which also got an Air Force grant for bio-signature development. “This identity information can help intelligence analysts connect specific people to events and locations, and learn about insurgent operations.”

But the combo won’t just help flesh-and-blood airmen keep tabs on their fellow humans, Photon-X adds. It “can help Humanoid Robots navigate and find objects in a cluttered room.”

And it could be used to monitor suspicious behavior practically anywhere. “A brief list of potential industries includes law enforcement, banking, private corporations, schools and universities, casinos, theme parks, retail, and hospitality.”

So the next time you’re at the Bellagio, and a real-life android walks up to you, calls you by name, and asks about what you thought was an extremely private evening — you can thank the Air Force and its tech-enabled manhunters for the experience.

Source-http://www.wired.com/dangerroom/2011/05/smile-air-force-wants-to-track-you-forever-with-a-single-camera-click/


22
May 11

Near Future Technical Indicators For Gold, Silver & Oil

(Brian L Wilson)  Now that we are at a crossroads in both commodity and equity markets heavy technical analysis, in addition to a standard fundamental outlook, may prove useful in identifying the next big swings – before they occur – for gold, silver), and crude oil… [and answer the prevailing question of those looking to establish, or re-establish, commodity positions: "Is now the time to jump into one or more of these markets or should I] sit on the sidelines a bit longer. [Let's take a look.] Words: 2012

So says Brian L. Wilson  in an article* which Lorimer Wilson, editor of www.munKNEE.com, has further edited ([  ]), abridged (…) and reformatted below  for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement. Wilson goes on to say:

A: Gold

Fund: SPDR Gold Trust (GLD)

Gold has been the primary go-to commodity for inflation hedging for years now. As the primary store of wealth throughout history, its recent appeal as a safe haven against currency debasement has driven the price up significantly in addition to its increasing demand. Despite the commodities selloff which has crushed silver and oil spot prices, gold has been more resilient. Looking at its price history, this makes sense as gold has had steady appreciation for years. If a bigger correction ever did come, gold investors may have more time to exit their positions.

With a recent turnaround in the value of the U.S. dollar, whether gold still remains an attractive asset at the… 1500$/oz. [see this article (1) for the correct designation of ozt. not oz.]  level is largely up to speculation rather than any easily understandble economics. [While] some will argue that gold has reached the bubble stage – and the widespread popularity of the yellow metal does add to this argument – [gold is, nevertheless,]… the most popular hedge against impending inflation.

[The graph below shows the MACD and the RSI for gold over the past year



The MACD Trend for Gold

MACD measures how the 12 and 26 day exponential moving averages behave relative to each other. [For a more detailed description of this indicator and others in the trend category read  this article (2) entitled "Yes, You Can Time the Market – Use These Trend Indicators."] Positive MACD will indicate upward price acceleration for instance.

Sign up for FREE weekly “Top 100 Stock Index, Asset Ratio & Economic Indicator Trends” report

In the case of GLD, one can see that there is accelerating downward pressure in the gold market. The 12 day EMA (exponential moving average) is dropping faster than the 26 day can keep up, signaling that:

The selling [in gold] is going to stay and possibly accelerate in the near future. The declining 12 day EMA is a strong bearish signal, but this kind of downward pressure isn’t sustainable for very long.

The RSI Momentum for Gold

The RSI measures momentum through an equation which factors in gains and losses made in 14 periods (days in this case). In layman’s terms, it describes what the market is doing. High is buy, low is sell.  [For a more detailed description of this indicator and others in the momentum category read  this article (3) entitled "Ride the Market Waves With These 6 Momentum Indicators."]

One can see that the gold market became overbought at the end of April, before dropping to a more even territory in just a week.

Right now gold is neither overbought nor oversold, so RSI suggests sideways trading for now.

The Volatility Indicator for Gold

GLD’s chart [above], with some key moving averages and bollinger bands [For a more detailed description of this volatility indicator read  this article (4) entitled "Here’s How to Time the Market!"] added in provides another view which suggests that:

Gold will remain somewhat immune to the volatility of the commodity markets in the near future...

While the 10 day moving average is in a steady decline (approaching the 50 day average and crossing the 20 day), the drop is not steep enough to signal any drastic changes in the foreseeable future and paints:

A neutral, albeit slightly bearish, picture for the short term price action of gold.

A steadily increasing 200 day moving average signals that gold is retaining its overall strength as an asset class for the long term. In addition, the 50 day line is oscillating well above it. This is a somewhatbullish signal for the long term, as the slow momentum is still upwards using moving average analysis.

Overall, weighing all technical data:

Gold is showing immunity to drastic price changes and will likely trade steadily downwards in the near future but should reverse as selling dissipates

As such, this provides a good opportunity for gold bulls to add to their position in the coming weeks, assuming that the trend can reverse in June.

B: Silver

Fund: iShares Silver Trust (SLV)

The latest hot commodity to hit the market, Silver, has only recently enjoyed the enthusiastic demand that has propelled gold’s price for the last few years. Becoming unstable in late April, it suffered a massive crash– not too dissimilar to its cliff-drop in the 1980′s. Now that the correction is slowing down, can technical indicators point to a reversal, or at least a price floor?

Fundamentally, silver has become popular for many of the same reasons as gold [but]  this doesn’t explain why silver performed so spectacularly February, March, and April especially. Simply put, bullish sentiment on the white metal has been through the roof all year. With outlandish estimates by some analysts saying that the metal will be worth $200 [ per ozt.] in a few months, [read this article(5) that has used fractal analysis to forecast that silver is going to $52.80 to $56 dollars before the end of June and this article (6) using Elliott Wave analysis sees the price of silver will reach $52.58 within the same period]  it’s easy to see why there were so many buyers. Gold had enjoyed a huge run in the last few years, and it was argued that even though silver had gotten significantly more expensive in 2010, it was still very cheap. While this is true on a gold to silver price ratio [read this article (7) for both a historical perspective on the silver:gold ratio and what it might mean for the future price of silver should gold go parabolic to $3,000, $5,000 or even $10,000 per troy ounce in price in the years ahead] the… [major] rise in its price made a short term correction necessary. Fundamentally, after its nasty correction thus far in May:

Silver is close to where it “should” be and may be within buying range for aggressive traders.

The MACD Trend for Silver

The MACD indicator [as shown above] demonstrates just how drastic silver’s decline was. It’s visible from the big chunk of negative MACD one can see for the entire month of May thus far. The 13 day moving average fell right through the $26, dropping like a rock for two weeks straight. MACD suggests that the acceleration in the price drop of silver may have hit a peak already, but is not over yet. Based on this stochastic:

Silver will remain bearish until MACD returns to positive territory and begins a positive acceleration.

The RSI Momentum for Silver

RSI paints a less drastic picture, but remains bearish in looks. The silver hysteria kept the ETF’s RSI in overbought territory for most of April. In hindsight, this crash was inevitable! The kind of buying momentum propelling silver in April was nothing short of mass hysteria.

The picture will stay bearish until RSI heads into buying territory again, as there has been a complete 180 [degree turn] in the silver market which may take some time to dissipate.

 

SLV’s chart [above] contains some possible clues as to where (and maybe when) silver may settle. While the 10 day moving average has blown right through the 50-day moving average, the 200-day is slowly drifting upwards. The current selling pressure is as unsustainable as its parabolic rise in April.

If silver does drop all the way to the 200-day average (where it should find support from technical traders), SLV will bottom around $30 a share – assuming a smooth deceleration of the drop. This seems more likely than any other alternative.

[The "Bump and Run Pattern" of technical analysis in this article (8) recently suggested that $33 would be the low for silver while this article (9) by Martin Armstrong suggests that silver might go as low as $23.50 to $26.50 with a yearly support level of $28.]

Crude Oil

Fund: US Oil Fund (USO)

Oil has had an interesting year thus far. Mubarak, and later Gaddafi were big drivers in oil’s massive run earlier this year as well as fear of uranium issues. Bearish sentiment on the dollar has also had some impact on oil, as those looking to diversify their inflation hedges chose oil investments alongside the precious metals…

Energy enjoyed the spotlight for the months of February and March. The political uprisings in the Middle East have caused a newfound fear of oil supply shocks, and the Fukushima incident has caused immense amounts of skepticism of the viability of nuclear power. Due to all this and more, oil has increased tremendously in price. Overall, it has been stated many times this year that the oil supply and demand equilibrium never justified the incredibly high $112/bbl that we saw just a few weeks ago. With projections of increasing oil consumption, especially by the BRIC nations, is the current price hovering around $100/bbl going to stay? The short term remains hard to forecast with the volatility of the broader commodities market. This is where technical analysis can be useful.

The MACD Trend for Crude Oil

MACD analysis on USO shows a very strong acceleration in the fund’s downtrend. The initial acceleration enjoyed by oil bulls in March (from geopolitical unrest) seems to have finally corrected with the same level of volatility. This indicator points to:

Short and medium term declines for oil until it reverts to zero, similar to silver. The picture, at least for now, is bearish but the decline is unsustainable at this speed.

The RSI Momentum for Crude Oil

RSI indicates that:

Oil is in selling territory, and may remain so for a while as it looks like it may prod even deeper.

USO’s chart [above] shows just how dramatic the selling in oil assets has been. Based upon modern history, USO has always shown strong support at its 200-day moving average. We will see in the coming days whether this will hold true, as it will be a hard test based on the current momentum. The moving averages are all in decline, with the 10-day blowing through the 50-day in an abnormally steep decline.

If the 200-day moving average holds, the current drop will bottom out close to $37.50. If the price manages to fall through this floor it will likely cause technical traders to consider shorts in the position. With little else to base USO trades on for the time being, psychologically important price levels are crucial to determine direction.

Technicals look bearish on oil for the time being, but watch for a bottom. The selling simply can’t last forever.

Conclusion

Overall, Gold, Silver and Crude Oil show no signs of reversal yet. Those looking to establish commodity positions may want to sit on the sidelines a bit longer.

Links to Articles Referenced Above

  1. What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce?www.munknee.com/2011/03/whats-the-difference-between-1-gold-karat-1-diamond-carat-and-1-troy-ounce/
  2. Yes, You Can Time the Market – Use These Trend Indicatorswww.munknee.com/2011/05/timing-the-market-using-trend-indicators/ 
  3. Ride the Market Waves With These 6 Momentum Indicators www.munknee.com/2011/05/ride-the-market-waves-with-these-6-momentum-indicators/
  4. Here’s How to Time the Market! www.munknee.com/2011/05/time-the-market-by-using-these-market-strength-and-volatility-indicators/
  5. Goldrunner: “$52 to $56 Silver by Mid-year” Update www.munknee.com/2011/04/goldrunner-%e2%80%9c52-to-56-silver-by-mid-year%e2%80%9d-update/
  6. Elliott Wave Analyst Suggests Silver to See $52.58 by Mid -Junewww.munknee.com/2011/05/elliott-wave-analyst-suggests-silver-to-see-52-58-by-mid-june/
  7. Why Silver at $398.52 is a Realistic Parabolic Peak Price www.munknee.com/2011/05/silver/
  8. “Three Peaks” Pattern Suggests Gold to Decline 17% into June!www.munknee.com/2011/05/%e2%80%9cthree-peaks%e2%80%9d-pattern-suggests-gold-to-decline-17-into-june/
  9.  Martin Armstrong Asks: Will Silver Crash in 2011?  www.munknee.com/2011/05/martin-armstrong-asks-will-silver-crash-in-2011/

*seekingalpha.com/article/270525-what-s-in-store-for-gold-silver-and-oil?source=email_macro_view


22
May 11

‘Massive Terror Drill’ In Boston Yesterday Called “Urban Shield”

(Jessica Fargen)  First responders pulled off more than a dozen terror and emergency response drills from Winthrop to Quincy yesterday as gun-toting cops, bomb squads, firefighters and paramedics prepared for the worst.

The federally funded $1 million exercise, dubbed “Urban Shield Boston,” involved 600 responders from across the metro area and took place throughout the day and night.

Some have complained Urban Shield was ill-timed on such a busy weekend, with marquee sporting events, a Hatch Shell concert, five Boston-area college graduations and sunny, dry weather after a week of rain and clouds.

The exercises also coincided with Judgment Day, when a Bible-thumping California millionaire predicted — incorrectly — the world would end.

Boston Police Deputy Superintendent Thomas Lee, speaking after a mock hostage situation on a ferry in Winthrop, said, “We are testing our capabilities.”

Urban Shield plans included police storming the Boston Marriott Copley Place, weapons drawn, in an active shooter situation. In South Boston, a SWAT team responded to a Mumbai-style assault. In Cambridge, officers dealt with a faux toxic spill.

David Houghton, 29, who watched the Winthrop hostage situation unfold, wasn’t bothered.

“Practice makes perfect,” he said.

Source-http://www.bostonherald.com/news/regional/view.bg?articleid=1339710&srvc=rss


22
May 11

World Bank: A New World Order Emerging

(Free Malaysia)  Emerging economies in the Asia Pacific region would continue to post growth rates that would exceed those of the developed countries, making it possible for the world’s total production being equally divided among the rich and the emerging markets by 2025.

It was among the highlights of the latest report of the World Bank, entitled “Global Development Horizons 2011–Multi-polarity: The New Global Economy”, reports Yonhap news agency Thursday.

The report forecasted that emerging economies could grow by an average of 4.7 percent this year until 2025, while the industrialised nations are only projected to expand by an average of 2.3 percent. Because of this, the developing economies will eventually catch up with the rich nations in terms of contributions to global output, the report added.

“One of the most visible outcomes of this transformation is the rise of a number of dynamic emerging market countries to the helm of the global economy,” the World Bank said.

The World Bank noted that emerging markets now account for two- thirds of the world’s foreign exchange reserves–a reversal of the picture of the previous decade when industrialized countries owned the bulk of the reserves.

China has the biggest share of the global reserves among emerging markets at US$3 trillion.

“In short, a new world order with a more diffused distribution of economic power is emerging–thus the shift toward multi- polarity,” the World Bank report.

The rising role of emerging markets would eventually diminish the primacy of the US dollar in international trade and finance. Eventually, countries would keep almost equal shares of the US dollar, the euro and the renminbi in their foreign exchange reserves, the bank added.

“Over the next decade or so, China’s size and the rapid globalization of its corporations and banks will likely mean a more important role for the renminbi. The most likely global currency scenario in 2025 will be a multi-currency systm centered around the dollar, the euro, and the renminbi,” the report said.

After the worst global financial crisis, which peaked in 2009, industrialised nations like the United States and those in Europe have posted only moderate growths, some of them cannot even be sustained, according to some economic analysts.

The United States is battling with its growing debt. Some members of the European Union are also trying to cope with their debt woes.

On the other hand, emerging economies grew significantly last year and are expected this year to again outperform rich countries in terms of growth rates.

The report highlights the diversity of potential emerging economy growth poles, some of which have relied heavily on exports, such as China and South Korea, and others that put more weight on domestic consumption, such as Brazil and Mexico.

With the emergence of a substantial middle class in developing countries and demographic transitions underway in several major East Asian economies, stronger consumption trends are likely to prevail, which in turn can serve as a source of sustained global growth.

“In many big emerging economies, the growing role of domestic demand is already apparent and outsourcing is already under way.

This is important for the least developed countries, which are often reliant on foreign investors and external demand for their growth,” the bank said.

The Philippine government earlier said that the economy grew by 7.3 percent last year. But President Benigno Aquino III said last Wednesday that after all the data have been gathered by the Department of Finance, the country’s economy actually grew by 7.6 percent in 2010.

Source-http://www.freemalaysiatoday.com/2011/05/19/world-bank-a-new-world-order-emerging/


22
May 11

Yellowstone National Park Is Moving

(ABC 4 News) – The nation’s oldest park is also one of the most studied. The interest is not just in it’s amazing vistas and wildlife, but in the volcanic beast below the park.

Yellowstone sits atop one of the world’s biggest, active volcanoes, one capable of laying waste to much of north America.

Scientists keep an eye on it using a network of seismic and GPS sensors.

Professor Emeritus Robert Smith of the University of Utah is one of those scientists. A geophysicist, Smith a leading expert on the Yellowstone super volcano. “We monitor it in real time for earthquake swarms and ground deformation.”

He says the park is in constant motion. Visitors can’t see it, but the ground at their feet is moving up and down as magma pushes against the thin crust and powers the park’s many geysers.

The changes are most evident at the Norris Geyser Basin. Henry Heasler, the Yellowstone Park geologist said, “It changes daily. Sometimes it’s hard to keep up with the change near boardwalks because that impacts visitor and employee safety.”

“Why are all the hydrothermal features here?” Heasler continued, “The geysers? The mud pots? The steam vents? The hot springs? It’s because of the heat beneath our feet.”

The heat from the volcano.

And beginning in 2004, volcanic pressure caused an amazing rise at the park: Three-inches a year for five-years.

Professor Smith said, “That’s a lot of uplift and it’s over an area that’s over the entire Yellowstone caldera — 50-miles long of uplift.”

“If you went under a rubber sheet,” Heasler said describing the uplift, “And pushed your thumb up, it’s not just sticking up where your thumb is, there’s like a slope to it.”

In fact, as the land has bulged, Yellowstone lake has tilted enough that its water has flooded out trees on the south arms.

And now, the ground is sinking.

And the drop has brought up a whole new set of questions for scientists. “Why haven’t the trees emerged again?” asked Heasler. “We don’t know.” They are watching the data as well as the geothermal features of the park for clues.

At times, those geologists see themselves are doctors monitoring a patient. In this case, the patient took a deep breath (between 2004-09) and now it is letting it out. That much is clear from the observations.

The unanswered question is, “why?”

Source-http://www.abc4.com/content/news/top_stories/story/Yellowstone-National-Park-is-moving/PMtAb0NZk0yzPRe4w1mkDA.cspx


21
May 11

Mahmoud Ahmadinejad Says Europe ‘Stealing Iran’s Rain’

(Barney Henderson)  Moments after the Iranian president made the startling claim at the inauguration of a dam in a central province, it started to rain.

“Western countries have designed plans to cause drought in certain areas of the world, including Iran,” Mr Ahmadinejad said in the city of Arak in Markazi province.

“According to reports on climate, whose accuracy has been verified, European countries are using special equipment to force clouds to dump” their water on their continent, he said.

By doing so, “they prevent rain clouds from reaching regional countries, including Iran,” Mr Ahmadinejad charged.

Iran has experienced several droughts in recent years

Mr Ahmadinejad also recalled an article by “a Western politician,” whom he did not identify, in which “droughts in some regions spanning from Turkey and Iran to east of Asia are predicted for the next 30 years.”

“The regions (referred to in) the article … include countries whose culture and civilisation frighten the West,” Mr Ahmadinejad said in support of his argument.

Iranian leaders claim on a daily basis that Western countries, led by arch-foe United States, devise “plots” to undermine the Islamic republic and to impede its economic and scientific development.

They also accuse world powers of colluding against Iran’s national unity, independence, political establishment, culture as well as international relations.

Mr Ahmadinejad is involved in an unprecedented power struggle with the Supreme Leader, Ayatollah Ali Khamenei. He recently refused to obey orders handed down by Ayatollah Khamenei less than two years after the pair formed a powerful political alliance to defeat anti-regime protests that swept the country.

Source-http://www.telegraph.co.uk/news/worldnews/middleeast/iran/8527455/Mahmoud-Ahmadinejad-says-Europe-stealing-Irans-rain.html


21
May 11

WORLD ENDS – FILM AT 11

(Reuters) – With no sign of Judgment Day arriving as he had forecast, the 89-year-old California evangelical broadcaster and former civil engineer behind the pronouncement seemed to have gone silent on Saturday.

Family Radio, the Christian stations network headed by Harold Camping which had spread his message of an approaching doomsday, was playing recorded church music, devotionals and life advice unrelated to the apocalypse.

Camping previously made a failed prediction Jesus Christ would return to Earth in 1994.

In his latest pronouncement, he had said doomsday would begin in Asia, but with midnight local time come and gone in Tokyo and Beijing and those cities already in the early hours of May 22, there was no indication of an apocalypse.

The Oakland, California, headquarters of the network of 66 U.S. stations was shuttered with a sign in the door that read “This Office is Closed. Sorry we missed you!”

Family Radio officials, with the help of supporters, had posted over 2,000 billboards around the country warning of a May 21 Judgment Day.

The headquarters, which appears to be normally closed on Saturday, was also shuttered on Friday.

Camping, whose deep sonorous voice is frequently heard on his radio network expounding the Bible, could not be reached for comment on Saturday.

The shades were drawn and no one answered the door at his house in Alameda, California.

Sheila Doan, 65, who has lived next door to Camping since 1971, said he is a good neighbor and that she is concerned about Camping and his wife, because of the attention his pronouncement has received.

“I’m concerned for them, that somebody would possibly do something stupid, you just don’t know in this world what’s going to happen,” she said.

Atheists in different parts of the country were planning celebrations and get-togethers to mark the failure of Camping’s May 21 prediction to come true.

In Oakland, the same city where Camping’s network is based, over 200 people gathered at an atheist convention at a Masonic lodge where speakers jokingly took note of the Judgment Day pronouncement.

“It’s kind of crazy, but there’s actually a dark side to it too,” said Stuart Bechman, national affiliate director of a group called American Atheists.

“There are a lot of silly and even unfounded beliefs that go on in the religious community that cause harm,” he said.

Tom Evans, a spokesman for Camping, said earlier this week that at least several tens of thousands of people listen to Family Radio’s message.

The network is heard in more than 30 languages through international affiliates, according to Family Radio.

In New York, at least one of Camping’s followers continued to hold out hope Judgment Day would come.

Retired Metropolitan Transportation Authority worker Robert Fitzpatrick, 60, said he spent more than $140,000 of his savings on subway posters and bus shelter advertisements warning of the May 21 Judgment Day.

“God’s people are commanded to sound the warning, to sound the trumpet so to speak so people know,” Fitzpatrick said of his advertising blitz.

He said Camping led him to believe Judgment Day would be May 21, but added that he disagreed with the broadcaster’s prediction it would begin in Asia.

In Fitzpatrick’s view, from his reading of the Bible, Judgment Day would begin around 6 p.m. Eastern Time. He said on Saturday he still had no doubt Judgment Day would come this day.

“I wouldn’t even entertain that question because there’s too much proof from the Bible,” he said.

Source-http://news.yahoo.com/s/nm/20110521/ts_nm/us_apocalypse_prediction


21
May 11

VIDEO-Students Sign Petition To End Freedom of Speech

(Dave Blount)  America is not just a matter of geographical boundaries. It is an idea, and moonbattery can snuff it out within a generation. Watch as college students sign a petition to ban conservatives from the airwaves, even while mouthing platitudes regarding their support for freedom of speech:

Not one of these blinkered totalitarians is an American in any meaningful sense.

References to the “spewing of hatred” confirm that these pod people haven’t listened to Rush or Glenn Beck. To listen to the conservative point of view or even to become aware of what it is would be an unacceptable threat to liberal orthodoxy. Liberals cannot win a rational argument with conservatives, so they argue with straw men, willfully oblivious to what conservatism even means. Anyone who might inform the ignorant must be silenced.

Source-http://www.moonbattery.com/archives/2011/05/students-sign-p.html


21
May 11

33 Reasons To Switch From Gold To Silver!

(Bix Weir)  1) Due to the tiny size of the Silver market and the lack of physical Silver available to the manipulators, the Silver battle is much easier to win than Gold. Ted Butler’s discovery of massive Silver market manipulation should highlight the size, scope and importance of Silver to the current financial crisis.

http://www.investmentrarities.com/ted_butler_comentary/08-22-08.html

2) Central banks have NO physical Silver to assist in the manipulation of the Silver market but they still have a lot of physical Gold (although much less than they claim).

3) The majority of Silver mined every year is consumed as an industrial metal in very small amounts and will never return to the market whereas the amount of above ground Gold grows year after year.

4) Silver has developed, due to its low price and superior physical properties, into a vital and necessary industrial commodity that makes it mandatory for modern life. If we woke up tomorrow and gold vanished from the face of the earth, life would continue pretty much as it was the day before. Without silver, modern life would change.

5) Due to the relative very low price of silver and very high price of gold, the man in the street, around the world, is in a position to buy silver in much greater quantities than gold.

6) In various forms there is an estimated 5B oz of above ground Gold and 5B oz of above ground Silver but Gold trades over $1400/oz and Silver trades for about $35/oz. Both metal prices are obviously manipulated but Silver appears to be manipulated more. As for Silver bullion that is “in play” for the manipulators, I estimate that less than 200M oz remain with a current market value less than $7B.

7) Silver has been in a supply deficit for over 50 years! Governments held approximately 10B oz of silver in 1950 and have been supplying that physical stock steadily into the market. Today there is no more of that surplus silver left to sell.

8) At current Silver consumption rates there are only 14 years of known Silver reserves remaining in the world. AFTER THAT SILVER WILL BE GONE FOREVER! Think about it.

http://minerals.usgs.gov/minerals/pubs/commodity/silver/mcs-2010-silve.pdf

9) Demand for Silver is “inelastic” in its industrial applications because it is used in such small quantities per application. An increase in price does not translate into a decrease in consumption.

10) The COMEX Silver short position is the largest concentrated short position of any commodity, on any exchange in the history of financial markets.

11) Throughout human monetary history the Silver to Gold ratio hovered in the 10-1 range until the invention of futures and options trading in metals. After the massive manipulation maneuvers by the Banking Cabal the silver-gold ratio now stands at over 40-1.

12) The US Dollar as defined in the Coinage Act of 1792 is Silver, not Gold, and contains “three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver.”

http://en.wikipedia.org/wiki/United_States_dollar

13) Silver is massively under reported in the media vs. Gold. Even Jim Rogers, the commodity guru, purposefully ignores Silver entirely in his best selling book “Hot Commodities” even though Silver exceeds all other commodities using his metrics on what makes a strong commodity.

14) Very few investors have physical Silver in their possession. Reasoning: because they claim it is “too hard to store”. Does that mean when Silver trades at over $1,000 oz people will be more willing to buy and store physical Silver? It is difficult to make up a more bullish argument to take delivery and store physical Silver TODAY…when the Cabal price rigging scam finally fails you can always buy your own Fort Knox to store all that pesky Silver you bought!

15) Gold’s strong fundamentals are only exceeded by Silver’s so when the gold manipulation stops and the Gold price takes off investors will be looking for the next under-priced investment with similar characteristics.

16) 470M oz of Silver owned by the US Treasury and used in the Manhattan Project for the construction of the atom bomb have all been melted down and sold into the physical market to support the “Strong Dollar Policy”

The Great Silver Mystery…REVEALED!

http://www.roadtoroota.com/public/135.cfm

17) Silver mineral deposits, as opposed to Gold, are usually very shallow in the earth’s crust due to the nature of the geology so most of the large deposits of Silver have probably already been found and/or already mined limiting future discoveries.

18) There is a significant problem with counterfeit Gold coins and bars because of its high price. Silver coins and small bars have not, to date, had as much of a counterfeiting issue because its price did not justify the effort. (although there is a problem with counterfeit Silver jewelry which may significantly suppress Silver scrap recovery in the future…oddly bullish by-product of counterfeiting Silver!)

19) The total dollar value of the Silver market is a fraction of the total dollar value of the Gold market.

20) Most flat screen televisions use Silver in their internal electronics/screens and the US transfer from analog to digital signals has increased the demand for flat screen TV’s.

21) Retail physical shortages of Silver are already beginning to appear around the world. The list of announced delays/curtailment by Government owned Mints now includes EVERY MAJOR SILVER COIN PRODUCING COUNTRY IN THE WORLD!

22) Hedge funds are bleeding from the credit crunch and they are looking for ways to save themselves. A single hedge fund can scoop up the remaining physical Silver and blow the price sky high.

23) In the US, Gold confiscation laws are still on the books but there are currently no silver confiscation laws.

24) As of early 2011 the Gold price is hovering around $1,400 or 165% of its historical high. Silver, on the other hand, is hovering around $35 or 70% of it’s historical high suggesting that Silver has a long way still to go.

25) Un-backed paper Silver programs such as silver certificates and unallocated pooled accounts are the “industry standard” these days and will be scrambling for metal when redemptions are called in by the investors. The most egregious example of fractional reserve silver is the iShares Silver ETF (SLV).

26) In the past few years the massive global money creation by central banks around the world has created huge reservoirs of cash sloshing around the asset markets looking for a safe haven. Although most mainstream press have discussed Gold as being a likely bucket to fill with this monetary firehouse, SILVER has all the same monetary metal properties as Gold except the Silver market is SO small it would be like FILLING A DIXIE CUP WITH THE FIREHOUSE!

27) The CFTC still has an open investigation into the manipulation of the SILVER market that is being conducted not by their investigative division but by the CFTC “Enforcement Division”. Although the final conclusions have been purposefully delayed by the CFTC, the final outcome may finally be the END OF THE 50 YEAR MANIPULATION OF THE SILVER MARKET!

28) During the CFTC hearing on metal position limits, GATA announced that a whistle-blower has come forward with specific proof that JP Morgan was rigging the silver market. The next day he and his wife were rammed in their car in an attempted murder. The suspect was caught but the police are not giving out any information about the suspect or others that were involved.

http://www.youtube.com/watch?v=e9bU0r6JP4s

29) The growth of emerging economies in Asia will require more and more industrial silver to build out their electric infrastructure and provide a higher standard of living for their middle class. In a global market that has been in a silver supply deficit for years a silver bidding war will result in order to obtain the significant amounts of silver needed.

30) The truth about gold and silver price manipulation is spreading like wildfire throughout the world with the help of the internet such that the Banksters “shabby secret” is no longer a secret.

31) There are currently multiple class action lawsuits that have been filed against JP Morgan for blatantly rigging the silver market. Given that JP Morgan has previously claimed immunity from legal prosecution because they are an agent of the US Government I doubt the suits will ever be brought to trial…BUT the publicity of them “claiming immunity” AGAIN will be the “silver shot heard around the world”.

32) The US Dollar has run its course as the world’s reserve currency. The entire global financial markets know this and are positioning themselves accordingly. The “Dollar End Game” for the United States has never been to transfer economic power to Eastern countries as the dollar dies but rather crash the global markets and start fresh with a new domestically centered economic model. That transition is upon us:

http://www.roadtoroota.com/public/261.cfm

33) Inventors around the world are making significant breakthroughs in the attempt to solve our energy crisis. From fuel cells to solar power to zero point energies that existed only in our imaginations breakthroughs are quickly coming down the pike. Since silver is the BEST CONDUCTOR OF ELECTRICITY in the world it is likely that the most powerful breakthroughs will involve the special properties of silver.


If all these reasons are not enough for you to run out and buy all the physical silver you can get your hands on then I’m sure there will be new reasons not far off on the horizon. Because for the last 10 years this list has continued to GROW…RELENTLESSLY!

It’s true that there are “NO SURE THINGS” in life…but an investment in SILVER comes DARN CLOSE! Yes, you’ll have to ride the tidal wave of price manipulation but when the waves die down you will fully appreciate the power and value of SILVER.

Don’t believe the silver haters…load up on physical silver and keep it out of the hands of those who want to control it. Take it home and stick it in your safe. It may be your last chance!

Source-http://www.roadtoroota.com/public/597.cfm


21
May 11

Facebook Introduces PhotoDNA, Similar Photo Recognition

(geekwithalaptop)  The PhotoDNA technology was first designed by Microsoft to detect similar photos on the internet and nowFacebook uses it to fight against photos promoting child pornography, informed Bill Harmon from Microsoft’s Digital Crimes Unit on Microsoft’s blog.

PhotoDNA is a technology designed by Microsoft together with Darthmouth College and is based on digital photography fingerprint extraction which can be used to create associations to identify similarities between a certain photo and other images posted on the internet.

This is the first time when the PhotoDNA technology has been used by another party but Microsoft. PhotoDNA is currently used to check the information stored on the SkyDrive and Bing services.

Harmon stated that up this point more than two billion images have been classified via PhotoDNA which has led to the identification of over 1000 similarities on SkyDrive and more than 1500 on Bing.

This technology has certain advantages but could also bring some disadvantages for users, especially if PhotoDNA is used by Facebook.

The technology has been designed to search and detect pornographic images. But if somebody sets it to search a certain person? PhotoDNA could provide information about the places the person has visited, the associations they have (family, friends), the discussions they have taken part in on Facebook or the events they are interested in.

What is certain is that PhotoDNA is going to make the work of intelligence services a lot easier, especially that of CIA.

Source-http://www.geekwithlaptop.com/facebook-introduces-photodna-similar-photo-recognition


21
May 11

Why Silver Prices Are At A Fork In The Road

(Live Silver Prices)  Silver is at a critical fork in the road from a short-term perspective. Earlier in the week, silver fell into the $33 and $34 and the dollar continued to rise. However,since that time, silver has turned upward and moved back into the $35-$40 trading channel it established after its 30% drop.

From a technical standpoint, we are once again at two critical points. After The dollar had a 3% run, it hit a resistance point and fell through a short-term support. Examine the chart here.

Notice after the dollar hit the 76 mark, it began to fall again. This is called the 38% Fibonacci Retracement level. Essentially, after an asset has dropped significantly in value over a sustained period of time there are several resistance points that it must break through in the short-term.

The resistance levels that assets must break through when they are recovering are different than those an asset must face when they are in a bull market and moving consistently upward. It will be important for silver investors to realize that there will be additional resistance points this time as silver climbs on top of the normal Fibonacci resistance levels.

On the flip side, silver has developed several wicks on the charts,which appear to be bullish. Examine the chart on the left here.

Also examine the chart on the bottom row in the middle. Notice how silver has never stayed below this support line for more than a day or so before moving back up into its trading channel. This tends to be associated with a short-term bullish trend.

At the end of the day, we need to be watching the short-term movements of the dollar. If we see the dollar being to fall over the course of the next week, there is a good chance we could see silver start to move up in the short-term. However, I must caution everyone to remember that QE2 is coming to an end on June 30th. This is a critical time, which could influence both silver and the dollar’s short-term value.

Don’t forget to check out our new live gold prices blog, as well as click “like” below so we can keep our content completely free.

Read more at Live Silver Prices


20
May 11

Governments Order YouTube To Censor Protest Videos

(Paul Joseph Watson)  In a frightening example of how the state is tightening its grip around the free Internet, it has emerged that You Tube is complying with thousands of requests from governments to censor and remove videos that show protests and other examples of citizens simply asserting their rights, while also deleting search terms by government mandate.

The latest example is You Tube’s compliance with a request from the British government to censor footage of the British Constitution Group’s Lawful Rebellion protest, during which they attempted to civilly arrest Judge Michael Peake at Birkenhead county court.

Peake was ruling on a case involving Roger Hayes, former member of UKIP, who has refused to pay council tax, both as a protest against the government’s treasonous activities in sacrificing Britain to globalist interests and as a result of Hayes clearly proving that council tax is illegal.

Hayes has embarked on an effort to legally prove that the enforced collection of council tax by government is unlawful because no contract has been agreed between the individual and the state. His argument is based on the sound legal principle that just like the council, Hayes can represent himself as a third party in court and that “Roger Hayes” is a corporation and must be treated as one in the eyes of the law.

The British government doesn’t want this kind of information going viral in the public domain because it is scared stiff of a repeat of the infamous poll tax riots of 1990, a massive tax revolt in the UK that forced the Thatcher government to scrap the poll tax altogether because of mass civil disobedience and refusal to pay.

When viewers in the UK attempt to watch videos of the protest, they are met with the message, “This content is not available in your country due to a government removal request.”

We then click through to learn that, “YouTube occasionally receives requests from governments around the world to remove content from our site, and as a result, YouTube may block specific content in order to comply with local laws in certain countries.”

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