3 Min. Gold News – Gold Heists, Oil, Bitcoin, Cold Fusion – March 6, 2015

3 Minute Gold News

A Quick Read for Busy People

Gold is $1,163.00 US per ounce via Kitco

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Diplomat Caught Smuggling $1.4 Million in Gold into North Korea via Reuters

Bangladesh’s customs officers caught a North Korean diplomat trying to smuggle an estimated $1.4 million worth of gold bars and ornaments into the country.

Getting gold by any means seems to be the quiet goal of the informed around the world.

 

$4 Million Gold Heist in United States Along Highway in South Carolina  via CBS News

$4 million in gold was stolen in transport at an unscheduled stop along Interstate 95.

More and more thefts of large amounts of gold are being reported in the mainstream news.

 

Apple Installing Vaults for Gold Edition iWatch via Business Insider

Apple recently posted a record $75 billion in revenue and is holding a Smaug worthy $180 billion in cash. Many believe it will reach $1 trillion in market cap. The iPhone’s operating system, iOS, controls 89-percent operating profit share of all smart phone systems worldwide.

 

Topics:

Gold
Oil
Bitcoin
Cold Fusion

 

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I lean towards the geopolitical belief made in statement by a character in the movie The Interpreter, starring Nicole Kidman and Sean Penn.

An exiled leader of a fictitious African nation tells the lead character, “Despite the flags fluttering at the UN there are no more nations — only companies.” Companies benefit their shareholders as countries benefit their citizens, depending on how well they each manage their resources. The leaders’ responsibility is to look after the best interests of their shareholders/citizens.

Unfortunately, some leaders loot.

Our world is changing in ways that could not have been fathomed when the United Nations was established. The new technology of the internet, with instant communication of ideas and money, brings new ways in which one country may try to acquire gold, land and oil at the expense of another.

Money is just a medium of exchange. A medium is just a conduit through which an idea is transported from one party to another. In the case of money, the idea being exchanged is a relative value for an item or service. The value goes through a medium we call money. The medium was paper and influence, and is now moving to the internet, and as Marshall McLuhan said, “The medium is the message.”

The medium itself is the main influence to how we think and act and interact with each other. Money is moving from the medium of paper for the average citizen, to electronic. It has been for a number of years but is now being used by the masses for online transactions.

Bitcoin is making leaps towards being mainstream instead of fringe. Electronic money is an exchangeBC_wallet_256c between two parties without going through a banking system or hub. It becomes decentralized, and therefore does not need a master to manage from a hub.

A new energy technology will come, whether it is cold fusion or another that is being developed at this time, and it will toss the current power structure into the air. Those with access to power will do their very best to manage the change of their citizens/shareholders into the new tech in such a way that the power elite stay in power.

Larger oil companies are diversifying into other energy sources. Oil is in shock, the industry is in flux, and only the strongest of the current entities will be left to look after a smaller sector when it all dies down and the new technology comes into play. It doesn’t happen in a day, but if you join the dots you see a slow moving picture that is a repeat of a moving picture from the past.

When this flux happens it has traditionally caused uncertainty, which moved those with wealth to obtain gold and hard assets during the crisis period. The precious metal has risen in value in the past when there is uncertainty, whether by war or by financial crisis.

Many people in the gold sector as well as the alternative geopolitical news sector have been speaking about the possibility of a geopolitical upheaval which will lead to a short term rush into gold. Countries and Gold coin in the riverindividuals have been quietly accumulating gold, and bringing their physical gold home where they can watch it.

The news reports of the theft of gold has increased. Stories ranging from vehicles smashing through windows and grabbing the precious metal, to heists on the highway, to diplomats smuggling the metal across borders — everyone is preparing and taking risks in order to do so.

Gold acts as a beautiful and useful commodity when times are good. When times are bad gold is money.

Money that happens to be beautiful.

 

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AlbumCover.PreparingfortheFall

 

Preparing for the Fall, is a boutique live solo album available on iTunes — and includes the singles Wag the Dog, Black Swan Dive, Bye Bye Miss American Pie and The Gods of the Copybook Headings.

 

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Wag the Dog (Drums of War and Backroom Banker Passes)
words and music Elaine Diane Taylor
© 2014 Intelligentsia Media Inc. All rights reserved.
SOCAN/ASCAP
from the album Preparing for the Fall available on iTunes

 

Another Week on Wall Street (Naked Short Selling and Fiat Currency)
words and music Elaine Diane Taylor
© 2013 Intelligentsia Media Inc. All rights reserved.
SOCAN/ASCAP
from the album Coins and Crowns available on iTunes

The single Coins and Crowns can be heard in Episode 1 of Mike Maloney’s documentary series Hidden Secrets of Money.

 

Helicopter Ben
words and music Elaine Diane Taylor
© 2013 Intelligentsia Media Inc. All rights reserved.
SOCAN/ASCAP
from the album Coins and Crowns available on iTunes

 

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