Veterans up in Arms Over Medical Marijuana

By Jose Vilchez-Azcona This post Veterans up in Arms Over Medical Marijuana appeared first on Daily Reckoning. After 21 years of military service, retired Army Maj. David Bass’ freedom and health are currently at the mercy of Texas state government. He’s one of thousands of veterans facing potential incarceration and fines for self-medicating with cannabis. For David, it all started after serving on the 1st Cavalry Division in Baghdad. Upon his return home, Veterans Affairs doctors diagnosed him with post-traumatic stress disorder and chronic pain. His treatment consisted of a cocktail of highly addictive opium-derived painkillers and psychotropic drugs with horrible side effects. “I felt like a zombie. I had flat emotions, experienced suicidal ideation. I got addicted to hydrocodone. It got to where I couldn’t do without taking it every day…” Migraines, insomnia and increased anxiety were just a few of the side effects he experienced as his doctors … Continue reading

KER Politics – Fri 24 Mar, 2017

By Big Al Ryancare is failing. What Should Happen Next? By Tho BishopHome | Blog | Ryancare is Failing — What Should Happen Next? Ryancare is Failing — What Should Happen Next? 26 COMMENTS TAGS Free MarketsHealthU.S. Economy 16 HOURS AGOTho Bishop The beltway Republicans are scrambling now that it seems the Obamacare replacement package put forward for Paul Ryan and endorsed by Donald Trump can’t get enough support to get through the House. The failure of the American Health Care Act should surprise no one, as it is a piece of legislation that managed to please no one. The Freedom Caucus, made up of the “true believers” of the Tea Party, balked at its similarities to Obamacare, while more moderate members found the bill’s modest change to the ACA too radical for their tastes. While the failure of the Ryan/Trump/Whatevercare represents a political defeat for the president and GOP … Continue reading

Iron ore price: Beijing bets $5B on stranded Pilbara deposits

By analyst By Frik Els Worries about the longer term supply picture for the iron ore market resurfaced on Friday after the announcement of a high-profile infrastructure deal between China and Australia. The Northern China import price of 62% Fe content ore fell again on Friday to trade at $84.40 per dry metric tonne, capping a terrible week that saw the price of steelmaking raw material slide 8.6% according to data supplied by The Steel Index. Australian Prime Minister Malcolm Turnbull and Chinese Premier Li Keqiang signed a deal in Canberra on Friday which will see China’s state-owned infrastructure company spend A$6 billion (US$4.6 billion) to build a port at Balla Balla in the nortwest of the country and a 160km railway to a new mine to be constructed in the heart of the Pilbara region. The project which already has environmental approval and is being advanced by Flinders Mines, … Continue reading

World’s first seabed mine to begin production in 2019

By analyst By Cecilia Jamasmie Canada’s Nautilus Minerals (TSX:NUS), the world’s first yet not the only seafloor miner, is on track to start operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea in early 2019. The Toronto-based company, which also is developing another underwater project, off the coast of Mexico, expects to have all its undersea mining tools ready to go by mid-next year, so it can kick-off operations at the Bismarck Sea-based project shortly after, chief executive Mike Johnston told The company’s seafloor production machines, each the size of a small house, are equipped with massive rock-crushing teeth. (Courtesy of Nautilus Minerals) But the road hasn’t been one except of bumps for Nautilus. Since first proposed, its Solwara 1 project has met with some opposition mostly from environmentalists, who fear the aquatic ecosystem could be severely affected by mining the seabed. … Continue reading

The Money Show Las Vegas – May 15-18

By David Morgan The Money Show Las Vegas The Largest Gathering of Investors & Experts Converges on Las Vegas From May 15-18, the world’s top financial minds will gather at The MoneyShow Las Vegas for what may well be the event of the decade. This unique learning experience is your one-stop resource for investment education, unbiased guidance, and personal connections to grow your portfolio in any market environment. Special Riches In Resources Free Report Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below. (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); = id; js.src = “//”; fjs.parentNode.insertBefore(js, fjs); }(document, “script”, “aweber-wjs-jc8lzhdt3”)); Our mission statement reads… “To teach and empower … Continue reading

India: The next Pakistan?

By Jayant Bhandari India’s Rapid Degradation This is Part XI of a series of articles (the most recent of which is linked here) in which I have provided regular updates on what started as the demonetization of 86% of India’s currency. The story of demonetization and the ensuing developments were merely a vehicle for me to explore Indian institutions, culture and society. The Modimobile is making the rounds amid a flower shower. [PT] Photo credit: PTI Photo Tribal cultures face an inherent contradiction. They create poison from within to grow more collectivist, controlling and tyrannical — members of the populace looks for nannies, and they readily find sociopaths to exploit that need. Their lack of organizational skills, their inability to engage in economic calculation and their irrationality lead to massive internal stresses and the ultimate devolution of such an unnatural society. India finds itself in a situation where it is … Continue reading

Daily Market Wrap – Thu 23 Mar, 2017

By Cory Comments on US markets, oil and gold A brief recap of what we are seeing in the US markets, oil and gold. As bearish as I would like to be I explain why I am not buying into this being the start of a huge drop around the corner. I also explain why oil continues to sell off and why it may continue. Finally gold needs to break a level it is close to before rolling over. Download audio file (2017-03-23-Market-Wrap.mp3) …read more Source:: The Korelin Economics Report The post Daily Market Wrap – Thu 23 Mar, 2017 appeared first on Junior Mining Analyst. … Continue reading

The Doomsday Clock: 2.5 Minutes to the End of the World

By James Rickards Why do these doom and gloom prognostications offer opportunities to investors? The reason is that the disaster scenarios do not have to happen. History shows that responsible nations find ways to move back the hands of the Doomsday Clock. The way to avoid reaching midnight is with more spending in defense and technology including research & development. That’s a huge opportunity for investors who back the right companies. I’ve partnered with a former defense industry executive to develop a new project to focus exclusively on finding huge gains in the defense technology sector. As defense spending takes off, there will be many profit opportunities for smart investors. Now, recall that the clock was at 2 minutes in 1953, but moved all the way back to 17 minutes in 1991. This was due to robust defense spending on the nuclear triad in the late 1950s and 1960s, and … Continue reading

Mosaic to pay hefty fine over accident at its Colonsay potash mine

By analyst By Cecilia Jamasmie Mosaic (NYSE:MOS) will have to pay more than $85,000 after pleading guilty in Saskatoon provincial court to violating Occupational Health and Safety rules, which caused a worker’s serious injury. The charges stem from a Feb. 7, 2014 accident at the Plymouth, Minnesota-based firm’s Colonsay mine, southeast of Saskatoon, in which a conveyor crushed an employee’s leg, CBC News reports. Colonsay mine, located about 65 km southeast of Saskatoon, is one of Mosaic’s three Canadian potash operations. The company was fined $61,000 plus a surcharge of $24,400 for failing “to ensure that all equipment used at the Mosaic Potash Colonsay mine was designed, constructed, installed, maintained and operated to safely perform any task for which the equipment is used.” Last year, the firm laid off about 330 workers at the mine in response to global oversupply and soft prices. Production at the site, however, resumed in … Continue reading

Jakarta: Freeport could lose Grasberg control within 2 years

By analyst By Frik Els In New York on Thursday copper for delivery in May was trading slightly higher at $2.6375 per pound or $5,817 a tonne with mixed news on disruptions at the world’s biggest mines pulling the metal in different directions. Copper is holding onto modest gains year to date, but is down more than 6.5% since hitting 20-month highs mid-February. Copper has been buoyed by a strike at BHP Billiton’s Escondida mine in Chile, where after a 43-day stoppage workers decided to return to work on Thursday without signing a new deal. Top listed copper producer Freeport McMoRan’s giant Grasberg mine in Indonesia also announced this week copper concentrate production will be resumed following a strike at a domestic refinery in which the US company owns a minority stake after a 38-day hiatus. Grasberg remains under a concentrate export ban as Freeport negotiates a new operating licence … Continue reading