One Hundred Percent of Nothing

By JC Collins

The Association for Mineral Exploration British Columbia, AME BC, is holding its annual Round Up Conference in Vancouver this week.  One of the attendees is Rick Rule of Sprott Asset Management, who sat on  a discussion panel this morning for Aboriginal Engagement.

The topic was how to promote a responsible relationship between aboriginal groups and the mining industry. Each speaker presented their case as an obligation which the mining industry owes to the aboriginal companies.  In a session where everyone was glad-handing each other on ‘socialized” development and obligations, it was refreshing to see Rick Rule step to the podium and present the reality of the situation.

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Returning to the Source

By JC Collins

Mornings in Vancouver are vibrant. And on this particular morning I spent some time staring out over the water of Coal Harbor. I’m here for the next few days attending a Mineral Mining Conference which is sponsored by companies such as Gold Corp, Rio Tinto, Teck, and other mining and precious metals groups.

The mineral and gold world of mining is somewhat different than the oil sands mining world which I have been predominantly involved with over the years.  The demographics here are more about junior miners and service providers coming together over sources of finance for prospective projects.  Core samples are represented by geologists throughout the exhibit with everyone promoting the economic viability of mining the mapped deposits.

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The Shadow of Tomorrow

The Forthcoming CSI Event

By JC Collins

When President Obama stated last night in his State of the Union Address that the “shadow of crisis has passed” it perfectly set the stage for the next phase of the CSI, or Cultural and Socioeconomic Interception.  The CSI is a prolonged and multi-scripted methodology which is implemented over years and decades to engineer specific adjustments to the collective awareness of  mass populations.

The economic manipulation from external forces in the years leading up to the French Revolution, and the script which shifted the blame onto the the monarchy, is one such example of the CSI procedure.  Another is the recent representation of Russia and Putin in the western media as the aggressor in the Ukraine situation.  The script is rolled out through the mass media in segmented flashes with just enough time in between to lull the viewer into a state of apathy and acceptance.

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The Fed & SDR Denominated Derivatives

Many for so long have proclaimed the end of the dollar and a collapse of the USD system. Though the dollar will be adjusted downward at some point in the initial implementation of a multilateral system, its sustainability in a broader monetary framework will be a fundamental corner stone to correcting the imbalances which originated from the USD system itself.

The USD monetary system is based on using the domestic currency of the United States as the global reserve unit of account.  This arrangement has created systemic imbalances in the international financial framework which has lead to inherent risks in all segments of the system, such as trade, credit, exchange rates, inflation/deflation, commodities, capital flows, and geopolitical power shifts.

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China & Saudi Arabia Forcing USD Acquiesce

By JC Collins

Back in August of 2014, Saudi Arabia signed a multi year energy deal with its largest crude oil customer China. This energy deal was focused more on nuclear energy and solar energy as opposed to crude.  The agreement between the King Abdullah City for Atomic and Renewable Energy and Chinese Nuclear Energy Corporation is meant to develop domestic energy projects within Saudi Arabia worth $80 billion for nuclear and $100 billion for solar, between 2014 and 2032.

Saudi Arabia is the largest crude oil producer in the Middle East as well as OPEC.  It is also the largest consumer of hydrocarbons, with about 25% of its production being used for domestic needs.  The country would like to change that by developing nuclear and solar energy which would allow it to export more of its crude and other hydrocarbon production onto the world market.

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Reversing Bretton Woods

By JC Collins

With so much happening on the economic front over the last few weeks its important to ground ourselves and take stock of just what is actually taking place. The continued depreciation of oil and the beginnings of depreciation of the stock markets are the result of the end of Quantitative Easing and the beginnings of the deflationary correction which will build the case for the economic transition from the unipolar USD Bretton Woods based system to the multilateral SDR based system.

There is much talk in the media, both mainstream and alternative, that the return of QE is imminent and the Federal Reserve will not be able to raise interest rates. These proclamations are not considering the reality that deflation and depreciation is exactly what is being engineered, and has been since 2008.

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