Best Preserved Dinosaur Fossil Ever Found By Miners In Canada |

Shawn Funk, a Canadian heavy equipment operator, has discovered a number of astonishing prehistoric finds in his mining career including petrified tree stumps and the fossilized remains of prehistoric plants. However, his discovery on the 21st of March 2011 put all of the rest of his discoveries…
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Uber cool

What Made George Washington Great? | PragerU

There would have never been a United States of America without George Washington. John Rhodehamel, author of George Washington: The Wonder of the Age, details how Washington successfully guided the budding nation through war and nurtured her in peace. This video was made in partnership with the American Battlefield Trust. Learn more about George Washington and America’s Battlefields at
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Great history

Is a U.S. Bank in the EU is Still Under ECB Rules? Why Do Central Banks Still Have Gold? | Armstrong Economics

QUESTION: Dear Mr. Armstrong, I would first like to thank you for all the information you are making available publicly. I have two questions to pose, if you deem them relevant to the present state of affairs. 1) What is the difference for an EU citizen of having deposits with an US bank and with a branch of an US bank within the EU? Does it make any sense of having funds with a branch of US bank within the EU? 2) Why are central banks (all of them, IMF included) having considerable gold reserves at present? And how will this affect the coming monetary system reset /overhaul? Best Regards, SM. ANSWER: A branch and an actual account in the USA are legally different. A bank is subject to regulation where it is doing business. So even Deutsche Bank, operating in the USA, is under the US regulations and the Fed and not the ECB. Therefore, having an account at a US bank in Europe is really no different insofar as regulation is concerned. It must post EU debt as reserves, not US dollars. Additionally, the EU can and will pass a law freezing the flight of any capital out of Europe in a crisis. That is standard and all governments act in their own self-interest before those of their subjects. So there is no real difference between a US branch in Europe than any other European bank. If the object is to have a hedge with some cash outside the system in case of a crisis, then take a vacation to Disneyland and open an account directly in the States. Now with respect to why they have gold reserves, it is simply leftover and they would love to sell it but politically can’t right now. Because of the coming crisis in the euro, which they ALL see behind the curtain but will not speak about publicly, they are at a crossroad. The only currency they can respectfully hold remains the dollar. Both Europe and Japan have destroyed their bond markets. Central banks have been buying equities and gold BECAUSE they have little options but to diversify. The Democrats in the USA with their Green New Deal and other insanity will conclusively destroy the US economy. At the very minimum, the crisis will take on an anticipation effect the closer we get to 2020. With the prospect of a Democratic victory in the USA come 2020, we will see this as the prelude to the Monetary Crisis starting in 2021. The central banks I meet with respect the dark clouds on the horizon. There is no hope for the EU or Japan ending Quantitative Easing when we are looking at a very hard downtrend into 2020 following the Economic Confidence Model. They do listen to our advice these days and are diversifying to survive. If they eliminate paper money, as the IMF is pleading, the Central Banks believe they will be able to also quietly get rid of the gold which they do regard as a “barbaric relic” of the past. Gordon Brown sold half the UK gold reserves in 1999 and made the low after a 19-year decline from 1980. However, we will cross that road when we arrive that that crisis threshold.
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Australia: One Foot in Asia v the West | Armstrong Economics

QUESTION: Hello Martin Armstrong, Australia seems to have one foot in the West and one in the East. With the fall of the Western economies and then the rise of Asian economies, how does that affect the Australian economy? Does the real estate bubble collapse the Aussie economies and then the rise of China creates the opportunity to rebuild the economy after 2032? Thanks for all the work you do. J ANSWER: The computer is projecting that Australia will first have to collapse with Western culture because it has become exceptionally left-wing. This is the collapse of socialism in general. We are collapsing just as communism did. It will be one Pi Cycle (31.4 years) from 1989, which brings us into this target of 2020/2021. We should expect serious political change on the horizon that will result in civil unrest. Longer-term, however, with one foot in Asia, Australia will turn from the USA and Europe. As I have said, China is MUCH WISER than what we see in the West. While Europe is fighting over old economic models and clinging to theories that no longer work, China is investigating HOW the USA displaced Europe. It did so with LOW TAXES and regulation that built the American consumer market that the entire world has been dependent upon. Germany’s economic model is still the old Mercantilist theory that national wealth is obtained by selling more stuff than you buy from others. The USA model has been internal rather than the Mercantilist external model. This is what China has realized and it is turning inward. Western society has not figured this out yet. Just look at BREXIT. The entire argument against it in Britain is that they will not be able to sell to Europe. That is really stupid and absurd. Therefore, when the socialist model collapses in Australia, there will be a natural risk of a separatist movement. Western Australia will certainly find that, economically, they are more aligned with Asia than the East coast.
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I agree with that

The Great Myths that Never Die: Rothschilds & Petrodollar | Armstrong Economics

The two major myths that I get asked about all the time are the Rothschilds and whether pricing oil in yuan or euro will cause the dollar to collapse. I think I know something about the Rothschilds. I was even offered an investor back in the 1980s who wanted to buy into the company, and it was one of the Rothschilds. Nevertheless, it seems as though these legends live on for centuries and no one bothers to review the evidence. The Bible of the Rothschild conspiracy comes from “The Creature from Jekyll Island.” This popular book is probably the most distorted review of history I have ever encountered. It contains a quote that is often attributed to Mayer Rothschild, and I dare to find anyone who can come up with this quote that preexisted the publication of this book. I believe it was just made up. The quote claims that Mayer Rothschild once said: “Let me issue and control a nation’s money and I care not who writes the laws.” The reason why this quote is fake is rather clear. The US did not begin to issue paper money until 1861, nearly 50 years after his death. It wasn’t until 1921 when the Bank of England gained a legal monopoly on the issue of banknotes in England and Wales. The entire authority to issue banknotes started with the Bank Charter Act of 1844 when the ability of other banks to issue notes was restricted. The first banknotes were originally hand-written and were merely like checks. It was not until 1725 when cashiers had to sign each note and make them payable to someone. Actually, printed banknotes at the Bank of England began in 1855, which was about 40 years after Mayer was dead. The quote was made up to justify this idea that the Federal Reserve was evil and owned by bankers who could create money at will. The entire problem was completely distorted, for the ability to create an elastic money supply during a recession and the Fed would be able to buy corporate paper which was redeemed upon expiration. It was World War I when Congress instructed the Fed to buy government debt to fund the war and never restore the structure to what it once was. Hence, this fake quote by Mayer predates a central bank creating money, and it appears the person selected was dead so there could be no challenge. It has been used to convince everyone that central banks are evil and they are merely the puppets of the Rothschild family who control the world. The Rothschilds lost their power as did the Medici. They have been replaced by Goldman Sachs, which is affectionately called “Government Sachs” among professional dealers and traders. All these claims that the “petrodollar” is going to collapse are a total joke. Oil is less than 10% of world trade. These people are living in the ’70s. Hey, cut the hair and get rid of the bell bottoms. It’s 40+ years later! There is not even an attempt to offer a true honest analysis of the subject. Just look at the figures. The oil and gas drilling sector make up between 4.6% and 6.5% of the global economy. The FX market DAILY trading volume is about $5.3 trillion,which dwarfs the equities and futures markets no less oil and gold. Just look at the numbers.
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