Australia

331 Illinoisans On New Islamic State ‘Kill List’

I’ve heard of the Islamic State “kill lists” before. And the latest one supposedly includes 331 “targets” with Illinois addresses on it. Gilad Shiloach reported on the Vocative website earlier today:

A pro-ISIS “hacking” group calling itself the United Cyber Caliphate distributed its latest “kill” list this week. The group claims the list includes names, addresses, and email addresses belonging to 8,318 people, making it one of the longest target lists ISIS-affiliated groups have distributed.

In a post Vocativ uncovered on the messaging app Telegram that was written in both English and Arabic, the United Cyber Caliphate called on its supporters to “follow” those listed and “kill them strongly to take revenge for Muslims.”

Most of the names and the accompanying addresses listed appear to belong to people in the United States, Australia, and Canada. Out of 7,848 people identified as being in the U.S. alone, 1,445 were listed as having addresses in California, 643 in Florida, 341 in Washington, 333 in Texas, 331 in Illinois, and 290 in New York…

(Editor’s note: Bold added for emphasis)

So is this “kill list” legit? Anthony Izaguirre wrote on the Daily News (New York) website this afternoon:

It is not clear if followers of the United Cyber Caliphate have killed people on any of the lists posted by the collective.

And how does one find out who is on this latest “kill list”? Caleb Howe added on the RedState website this evening:

And before you ask, none of the reports offered any way to find out if you are on the list.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Shiloach, Gilad. “New ISIS ‘Kill’ List Claims To Target Thousands Of Americans.” Vocativ.com. 8 June 2016. (http://www.vocativ.com/326931/new-isis-kill-list-claims-to-target-thousands-of-americans/). 8 June 2016.

Izaguirre, Anthony. “Pro-ISIS hacking group posts ‘kill’ list with names and addresses of thousands of Americans.” Daily News. 8 June 2016. (http://www.nydailynews.com/news/world/pro-isis-hackers-post-kill-list-featuring-thousands-americans-article-1.2666014). 8 June 2016.

Howe, Caleb. “TARGETED: New ISIS Kill List Posted Online Includes Thousands Of Ordinary Americans.” RedState.com. 8 June 2016. (http://www.redstate.com/absentee/2016/06/08/targeted-new-isis-kill-list-posted-online-includes-ordinary-americans/). 8 June 2016.

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Wednesday, June 8th, 2016 Australia, Middle East, North America, Public Safety, Religion, Self-Defense, Terrorism, War Comments Off on 331 Illinoisans On New Islamic State ‘Kill List’

Islamic State: Kill Disbelieving Americans

Regular readers of Survival And Prosperity know that I’ve taken the threat of terrorism by Muslim extremists seriously for years now- whether Al-Qaeda, the Islamic State, their affiliates, or sympathizers. While it’s obvious to me a number of entities (particularly politicians) are taking advantage of the newly-minted caliphate’s boogeyman factor these days for their own gain, I do believe the Islamic State does pose a real danger to Americans here and abroad. As such, I plan on blogging about the group formerly known as ISIS/ISIL on a regular basis.

Now that that’s been established, Islamic State spokesman Abu Muhammad al-Adnani looks to have released a new speech in which he threatens Americans and its European allies. From “Indeed Your Lord Is Ever Watchful,” which was distributed on social media yesterday:

O Americans, and O Europeans, the Islamic State did not initiate a war against you, as your governments and media try to make you believe. It is you who started the transgression against us, and thus you deserve blame and you will pay a great price. You will pay the price when your economies collapse. You will pay the price when your sons are sent to wage war against us and they return to you as disabled amputees, or inside coffins, or mentally ill. You will pay the price as you are afraid of travelling to any land. Rather you will pay the price as you walk on your streets, turning right and left, fearing the Muslims. You will not feel secure even in your bedrooms. You will pay the price when this crusade of yours collapses, and thereafter we will strike you in your homeland, and you will never be able to harm anyone afterwards. You will pay the price, and we have prepared for you what will pain you

If you can kill a disbelieving American or European – especially the spiteful and filthy French – or an Australian, or a Canadian, or any other disbeliever from the disbelievers waging war, including the citizens of the countries that entered into a coalition against the Islamic State, then rely upon Allah, and kill him in any manner or way however it may be. Do not ask for anyone’s advice and do not seek anyone’s verdict. Kill the disbeliever whether he is civilian or military, for they have the same ruling. Both of them are disbelievers. Both of them are considered to be waging war [the civilian by belonging to a state waging war against the Muslims]. Both of their blood and wealth is legal for you to destroy, for blood does not become illegal or legal to spill by the clothes being worn. The civilian outfit does not make blood illegal to spill, and the military uniform does not make blood legal to spill. The only things that make blood illegal and legal to spill are Islam and a covenant (peace treaty, dhimma, etc.). Blood becomes legal to spill through disbelief. So whoever is a Muslim, his blood and wealth are sanctified. And whoever is a disbeliever, his wealth is legal for a Muslim to take and his blood is legal to spill. His blood is like the blood of a dog; there is no sin for him in spilling it nor is there any blood money to be paid for doing such…

If you are not able to find an IED or a bullet, then single out the disbelieving American, Frenchman, or any of their allies. Smash his head with a rock, or slaughter him with a knife, or run him over with your car, or throw him down from a high place, or choke him, or poison him. Do not lack. Do not be contemptible. Let your slogan be, “May I not be saved if the cross worshipper and taghūt (ruler ruling by manmade laws) patron survives.”

If you are unable to do so, then burn his home, car, or business. Or destroy his crops.

If you are unable to do so, then spit in his face. If your self refuses to do so, while your brothers are being bombarded and killed, and while their blood and wealth everywhere is deemed lawful by their enemies, then review your religion. You are in a dangerous condition because the religion cannot be established without walā’ and barā’.

(Editor’s note: Bold added for emphasis)

Elsewhere in the speech, the Vatican is threatened:

And so we promise you by Allah’s permission that this campaign will be your final campaign. It will be broken and defeated, just as all your previous campaigns were broken and defeated, except that this time we will raid you thereafter, and you will never raid us. We will conquer your Rome, break your crosses, and enslave your women, by the permission of Allah, the Exalted. This is His promise to us; He is glorified and He does not fail in His promise. If we do not reach that time, then our children and grandchildren will reach it, and they will sell your sons as slaves at the slave market.

(Editor’s note: Bold added for emphasis)

Nick Squires reported on The Telegraph (UK) website Saturday that the Roman Catholic Church is already on heightened security:

Security in the Vatican has been increased after intelligence agencies reportedly intercepted an unspecified threat against Pope Francis, on the eve of his visit to Muslim-majority Albania.

The number of uniformed and plain clothes police patrolling St Peter’s Square during the Pope’s weekly audiences on Sunday and Wednesday has been increased, sniffer dogs are being used and extra metal detector machines have bern installed, the Italian media reported on Saturday.

The measures were adopted after a foreign intelligence agency, possibly American, intercepted a conversation between two unidentified Arabs in which they reportedly discussed ‘doing something in the Vatican’.

Jihadists from Isil have in recent weeks boasted of wanting to extend their caliphate to Rome, the heart of Western Christendom, and have talked of planting the jihadist black flag on top of St Peter’s Basilica…

(Editor’s note: Bold added for emphasis)

There are also fears the Pope’s life may also be in danger. Squires added:

Habeeb Al Sadr, Iraq’s ambassador to the Vatican, said there were also indications of a more specific threat against Pope Francis, who recently spoke out in favour of the US and its allies halting the advance of Isil in Syria and Iraq.

“What has been declared by the self-declared Islamic State is clear – they want to kill the Pope. The threats against the Pope are credible,” the ambassador told La Nazione, an Italian daily, on Tuesday.

“I believe they could try to kill him during one of his overseas trips or even in Rome. There are members of Isil who are not Arabs but Canadian, American, French, British, also Italians.

“Isil could engage any of these to commit a terrorist attack in Europe.”

(Editor’s note: Bold added for emphasis)

Considering Pope Francis often makes himself quite “accessible” to the public, as a Roman Catholic myself, I pray this doesn’t come back to haunt him.

There’s a reason why the Church rolled out the Popemobile, after all.

You can read that entire speech in English here (.pdf format).

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Squires, Nick. “Security stepped up at Vatican over fears of terror attack.” The Telegraph. 20 Sep. 2014. (http://www.telegraph.co.uk/news/worldnews/the-pope/11110644/Security-stepped-up-at-Vatican-over-fears-of-terror-attack.html). 22 Sep. 2014.

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Monday, September 22nd, 2014 Australia, Europe, Foreign Policy, Main Street, Middle East, Military, North America, Public Safety, Religion, Self-Defense, Terrorism, War Comments Off on Islamic State: Kill Disbelieving Americans

Peter Schiff Bullish On Foreign Stocks, Gold, And Silver

Euro Pacific Capital CEO/Chief Global Strategist Peter Schiff appeared on the FOX Business show Countdown to the Closing Bell last Wednesday. Host Liz Claman asked Schiff, who correctly-predicted the housing market crash and 2008 economic crisis, about where he was investing these days. He replied:

Well, my strategy has been the same for quite some time because I understand the problems that underlie the U.S. economy, how the Federal Reserve is exacerbating them in the name of trying to solve them, and so I want to invest abroad. We still favor equities, but I look at international equities. I look at value. I look at good dividends. And I want to own companies that are not dependent on the consumer…

A map was subsequently displayed that showed “Peter’s Global Area Picks”- Australia, Chile, China, Denmark, Hong Kong, Mexico, New Zealand, Norway, Peru, Singapore, and Sweden.

Claman also brought up precious metals in the discussion. Particularly, silver. From their exchange:

CLAMAN: Let’s put up the miners, because you feel that the miners now have an opportunity to really rise. Silver below $20 an ounce these days. That seems to me like a good buy because it’s so cheap.
SCHIFF: Well, it did get as high as $50 a couple of years ago. But it started the rally from below $4. So, we’re in a big bull market. We’ve been pausing for the last couple of years. But I think it’s the pause that’s going to refresh. I think what drove the metals market lower in 2013 was the false belief in a U.S. recovery, and the idea the Fed was through with QE, and that we were on the verge of a tightening cycle. None of that is true. We are slipping back into recession. Janet Yellen is going to launch an even bigger round of QE than what Bernanke launched. And this is going to be very bullish for gold and silver. But it’s not going to be bullish for the U.S. economy.


“Safeguarding Your Portfolio By Investing Abroad”
YouTube Video

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

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Monday, August 18th, 2014 Asia, Australia, Commodities, Crash Prophets, Emerging Markets, Europe, Federal Reserve, Investing, North America, Precious Metals, Recession, Recovery, Stimulus, Stocks Comments Off on Peter Schiff Bullish On Foreign Stocks, Gold, And Silver

Jeremy Grantham’s Latest Investment Advice

It’s been a while since I’ve blogged about Jeremy Grantham, the co-founder and chief investment strategist of Grantham, Mayo, Van Otterloo & Co. (GMO). To be fair, the British-born investment advisor has been taking a break from his popular quarterly investment letter that’s published on the GMO website. For those of you who aren’t familiar with Mr. Grantham, he’s designated one of this blog’s “crash prophets” along with Marc Faber, Jim Rogers, and Peter Schiff due to his special talent for correctly-calling the direction of the financial markets. He so good that individual clients have included Secretary of State John Kerry and former Vice President Dick Cheney.

Grantham was the subject of a September 20 article in The Wall Street Journal in which Ian Salisbury asked him about investment-related topics, such as the depletion of natural resources on Earth. From the Q and A session:

Q: What are investors supposed to do?
A: The investment implications are, of course, own stock in the ground, own great resources, reserves of phosphorous, potash, oil, copper, tin, zinc—you name it. I’d be less enthusiastic about aluminum and iron ore just because there is so much. And I wouldn’t own coal, and I wouldn’t own tar sands. It’s hugely expensive to build coal utilities, and the plants they have to build for tar sands are massive, and before they get their money back I suspect that the price of solar and wind will have come down so much.

So I wouldn’t use that, but I think oil, the metals and particularly the fertilizers, I would own—and the most important of all is food. The pressures on food are worse than anything else, and therefore, what is the solution? Very good farming, which can be done. The emphasis from an investor’s point of view is on very good farmland. It’s had a big run. You can never afford to ignore price and value, but from time to time you can get good investments in farmland, and if you’re prepared to go abroad, you can do it today. I wouldn’t be too risky. I would stay with distinctly stable countries—Australia, New Zealand, Uruguay, Brazil, Canada, of course, and the U.S. But I would look around, in what I call the nooks and crannies. And forestry is the same. Forestry is not a bad bargain, a little overpriced maybe, but it’s in a world where everything is overpriced today, once again, courtesy of incredibly low interest rates that push people into investing. A wicked plot of the Federal Reserve.

Grantham also shared with Salisbury where he thought stocks were heading. Basically, not only does he think equities can go “a lot higher than this” with Fed backing, but they could even reach bubble territory.

It’s a really good, insightful interview, capped-off with a discussion about unbridled American optimism, which you can read in its entirety here on The Wall Street Journal website.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Salisbury, Ian. “Our Chat With Jeremy Grantham.” The Wall Street Journal. 20 Sep. 2013. (http://online.wsj.com/article/SB10001424127887323665504579032934293143524.html). 24 Sep. 2013.

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

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Tuesday, September 24th, 2013 Agriculture, Australia, Bubbles, Commodities, Crash Prophets, Energy, Farming, Federal Reserve, Food, Industrial Metals, Interest Rates, Investing, Natural Resources, North America, South America, Stocks Comments Off on Jeremy Grantham’s Latest Investment Advice

Gold Price Takedown Leads To Buying Frenzy

“My view is that the US Federal Reserve and the Bank of Japan ’caused’ the gold crash. The rest is noise…

The world is still in a contained depression. Sliding commodities tell us global money is if anything too tight. ‘There is a threat of deflation almost everywhere. A lot of central banks will have to follow the Bank of Japan, whatever they say now,’ said Lars Christensen form Danske Bank.

The era of money printing is young yet. Gold will have its day again.”

-Ambrose Evans-Pritchard, The Telegraph (UK), April 17, 2013

Since I started blogging nearly six years ago, if I had a dollar every time I read somewhere “gold is toast,” I’d be a millionaire by now.

Fine. I’d have a hell of a lot of singles.

And a raised eyebrow from my girlfriend.

Seriously though, what is it with people who absolutely detest the precious metal?

I’m not a big fan of paper assets, but I don’t make it my life’s mission to crucify them whenever I get the chance (website and blog comments come to mind here).

My take on investing is- keep an open mind. Lest you squander major money making opportunities. Certain asset classes simply perform better than others at different points in time.

There’s a time for stocks, bonds, currencies, what have you.

And for a number of global investors, now is the time for gold.

Sure, the precious metal really got hammered in the price department the other week. But this resulted in a buying frenzy of the physical bullion. John Noble reported on the Financial Times (UK) website on April 22:

Asia is witnessing one of the strongest waves of physical gold buying in 30 years, with bargain hunters using the drop in prices to secure jewellery and gold bars.

The feverish buying has left many of Hong Kong’s banks, jewellers and even its gold exchange without enough yellow metal to meet demand. In Shanghai, the gold exchange saw volumes – often seen as a proxy for demand – rising to a record on Monday, while queues formed outside some jewellery shops in Beijing.

To give you an idea of just how crazy the demand is in China, Noble, who’s writing from Hong Kong, added:

Haywood Cheung, president of the Hong Kong Gold & Silver Exchange Society, said the exchange had effectively run out of most of its holdings as members looked to meet a shortfall in supply amid rampant retail demand for gold.

“In terms of volume, I haven’t seen this gold rush for over 20 years,” he said. “Older members who have been in the business for 50 years haven’t seen such a thing.”

The Times piece noted demand for the yellow metal is also strong in India. Something Biman Mukherji and Debiprasad Nayak confirmed on the Wall Street Journal website on April 23. They wrote:

Indian gold retailers are paying more in order to meet immediate demand, as customers scoop up every gold bar they can lay their hands on in the wake of a plunge in international prices.

Indian retailers say they are paying premiums of $8-$10 an ounce over the international gold price, which is around $1,425 a troy ounce. That’s four or five times the premium retailers usually pay for imported gold during periods of peak demand in India, according to traders.

“We have not seen this kind of premium on gold imports in years,” said Suresh Hundia, president emeritus of the Bombay Bullion Association.

Gold demand is not too shabby in nearby Australia either. Jake Lloyd-Smith reported on the Bloomberg website tonight:

Australia’s Perth Mint, which refines nearly all of the nation’s bullion, said that demand has jumped to the highest level in five years after prices plunged, with the factory kept open through the weekend to meet orders.

There’s been strong interest, including from the U.S., with buyers speculating that the metal will rebound from the decline, Ron Currie, sales and marketing director, said in a phone interview from Perth…

“We haven’t seen levels like this since the 2008 global financial crisis,” Currie said yesterday. “Compared to March sales, April sales have doubled or tripled,” he said, without providing figures.

On Friday, April 12, the afternoon fix gold spot price was $1,535.50 per ounce. The price tumbled to $1,380 an ounce by Tuesday, April 16. Today, the London P.M. fix was back up to $1,467.50.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

Sources:

Noble, John. “Asian bargain hunters pile into gold.” Financial Times. 22 Apr. 2013. (http://www.ft.com/intl/cms/s/0/56244496-ab39-11e2-ac71-00144feabdc0.html#axzz2RuiP9ndw). 29 Apr. 2013.

Mukherji, Biman and Nayak, Debiprasad. “India Gold Premiums Soar as Demand Outstrips Supply” Wall Street Journal. 23 Apr. 2013. (http://online.wsj.com/article/SB10001424127887324874204578440242906344734.html). 29 Apr. 2013.

Lloyd-Smith, Jake. “Perth Mint Works Through Weekend as Gold Demand Surges on Price.” Bloomberg.com. 29 Apr. 2013. (http://www.bloomberg.com/news/2013-04-30/perth-mint-works-through-weekend-as-gold-demand-surges-on-price.html). 29 Apr. 2013.

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Cook County Implementing Gun Registration?

Taking to heart Chicago Mayor Rahm Emanuel’s opinion about letting no crisis go to waste, both the City of Chicago and Cook County are joining together to push more gun “control” on their law-abiding residents in the aftermath of Newtown, Connecticut. From the Ward Room blog on the website of Chicago NBC affiliate Channel 5 yesterday:

Mayor Rahm Emanuel is seeking to broaden a requirement for gun owners to report the loss, theft or sale of firearms to include all of Cook County

For the first time, similar reporting requirements would be expanded to all of Cook County under companion legislation that’s been drawn up.

County Board President Toni Preckwinkle plans to introduce that legislation at a county board meeting on Wednesday.

(Editor’s note: Italics added for emphasis)

“To report the loss, theft or sale of firearms to include all of Cook County.”

“Report… sale of firearms.”

Should the proposed legislation pass, when a firearm is sold in Cook County, would information about the gun, seller, and purchaser, now be provided to County officials?

Sounds like this could be a new gun registry in the works.

Back on November 23, 2012, I blogged about Cook County’s recently-adopted $25 per gun “violence tax” on firearm purchases in the county also being a possible gun registration scheme.

Gun registration often leads to confiscation. From the latest edition of Gun Facts, a popular firearm reference book:

Myth: Registration does not lead to confiscation

Fact: It did in Canada. The handgun registration law of 1934 was the source used to identify and confiscate (without compensation) over half of the registered handguns in 2001.

Fact: It did in Germany. The 1928 Law on Firearms and Ammunition (before the Nazis came into power) required all firearms to be registered. When Hitler came into power, the existing lists were used for confiscating weapons.

Fact: It did in Australia. In 1996, the Australian government confiscated over 660,000 previously legal weapons from their citizens.

Fact: It did in California. The 1989 Roberti-Roos Assault Weapons Control Act required registration. Due to shifting definitions of “assault weapons,” many legal firearms are now being confiscated by the California government.

Fact: It did in New York City. In 1967, New York City passed an ordinance requiring a citizen to obtain a permit to own a rifle or shotgun, which would then be registered. In 1991, the city passed a ban on the private possession of some semi-automatic rifles and shotguns, and “registered” owners were told that those firearms had to be surrendered, rendered inoperable, or taken out of the city.

Fact: It did in Bermuda, Cuba, Greece, Ireland, Jamaica, and Soviet Georgia as well.

Nothing on the NRA’s Institute for Legislative Action (NRA-ILA) website about this. Not surprising, considering how active the gun “control” supporters are these days.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

“Chicago Gun Rules Could Extend to All Cook County.” Ward Room. 13 Jan. 2013. (http://www.nbcchicago.com/blogs/ward-room/Chicago-Gun-Rules-Could-Extend-to-All-Cook-County-186728431.html). 14 Jan. 2013.

Smith, Guy. Gun Facts Version 6.1. Guy Smith, 2012.

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Monday, January 14th, 2013 Australia, Europe, Firearms, Government, Gun Rights, Hunting, Self-Defense, Shooting Sports Comments Off on Cook County Implementing Gun Registration?

Australia To Push For Adoption Of Arms Trade Treaty With U.N. Security Council Seat

In “The Land Down Under,” international gun “control” could soon be one of their more high-profile exports. Sid Maher wrote on The Australian website this morning:

AUSTRALIA will push harder for a tough new international gun control regime if it wins a seat at the UN Security Council, in a move to crack down on civil unrest, gang violence and criminal activity.

Foreign Minister Bob Carr told The Weekend Australian that under a draft treaty being pushed by Australia, all states would be held responsible for what happened to their weapons after they left their shores.

The Arms Trade Treaty failed to win the necessary backing last month amid opposition from the US and Russia. But Australia will use a UN Security Council seat to press for the adoption of the treaty, which remains on the UN negotiating table in draft form.

The treaty will also seek to limit the international movement of ammunition, rocket-propelled grenade launchers and Kalashnikovs.

(Editor’s note: Italics added for emphasis)

“To crack down on civil unrest.” Interesting.

In 1996, the Australian government implemented a gun “buy back” program and placed severe restrictions on the public ownership of firearms.

I know what some readers are probably thinking right now.

Less “control,” more Foster’s please.

Source:

Maher, Sid. “UN council bid aimed at gun control.” The Australian. 29 Sep. 2012. (http://www.theaustralian.com.au/national-affairs/un-council-bid-aimed-at-gun-control/story-fn59niix-1226483780192). 29 Sep. 2012.

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Saturday, September 29th, 2012 Ammunition, Australia, Civil Strife, Crime, Firearms, Gun Rights, Hunting, Self-Defense, Shooting Sports Comments Off on Australia To Push For Adoption Of Arms Trade Treaty With U.N. Security Council Seat

Authorities Concerned About ‘Lone Wolf’ Terrorist Attacks On Anniversary Of Osama Bin Laden’s Death

On May 1, 2011, Al-Qaeda leader Osama bin Laden was killed by U.S. Navy SEALs taking part in Operation Neptune Spear in Pakistan. With the one-year anniversary of his death fast approaching, intelligence agencies are concerned about a possible retaliatory strike(s) by Muslim extremists. Mike Levine wrote on the FOX News website this morning:

Just days before the one-year anniversary of Usama bin Laden’s death, federal authorities are telling partners around the country there is no specific, credible threat to the U.S. homeland but they remain concerned “lone wolf” terrorists could use the date to avenge the former Al Qaeda leader’s death.

In an intelligence bulletin issued late Wednesday, the FBI, Department of Homeland Security and U.S. Northern Command note that terrorist groups such as Al-Shabaab in Somalia, Northern Africa’s Al Qaeda in the Islamic Maghreb, and the Pakistani Taliban have called for revenge against the United States for killing bin Laden during the May 1, 2011, raid on his hideout in Pakistan.

The bulletin says Al Qaeda or its affiliates would view an attack “on this anniversary as a symbolic victory,” especially in the wake of losses suffered by Al Qaeda through U.S. drone attacks and other efforts overseas.

In addition, according to the bulletin, authorities remain concerned that so-called “lone-wolf” extremists not already identified “will execute attacks with little or no warning on or about the anniversary of bin Laden’s death.”

(Editor’s note: Italics added for emphasis)

Levine added that the intelligence bulletin cited Al-Qaeda’s emphasis on symbolic dates to launch terror attacks, and that Muslim extremists might be particularly motivated to carry out a strike in retaliation for recent controversies including Koran burnings and the desecration of corpses in Afghanistan.

On Tuesday, Steven Chase wrote about the concern over “lone wolf” terrorists on The Globe and Mail (Canada) website. From the article:

Richard Fadden, director of the Canadian Security Intelligence Service, also acknowledged Monday that al-Qaeda’s switch to a sole-actor approach to inflicting damage is presenting a problem for Western anti-terrorist agencies…

Mr. Fadden predicted al-Qaeda’s recent embrace of smaller, leaderless acts of terror is a sign of things to come.

Al-Qaeda in the Arabian Peninsula has as recently as last fall published an online magazine called Inspire that called for “open source jihad” and instructed readers to how to carry out their own attacks, he noted. “How to make a bomb in the kitchen of your mom” was the title of article in the Summer, 2010, issue.

“My colleagues in Britain, Australia and the United States are of the same opinion: We are seeing an increase in the number of people who are acting on their own,” he said.

“When there are a certain number of people involved, there is a possibility of intercepting communications; the chances of errors are far greater. But when there’s one person who’s not talking to anybody, [counterterrorism agencies] have to be really lucky.”

(Editor’s note: Italics added for emphasis)

In addition, Fadden pointed out that the “lone wolf” approach not only attracts the ideologically-driven, but those with “serious personal problems” as well- making them more unpredictable.

It might not be a bad idea ratcheting up one’s vigilance in the coming days.

Sources:

Levine, Mike. “Feds urge vigilance 1 year after bin Laden’s death.” FOX News. 26 Apr. 2012. (http://www.foxnews.com/politics/2012/04/25/feds-urge-vigilance-1-year-after-bin-laden-death/). 26 Apr. 2012.

Chase, Steven. “Al-Qaeda switching tactics, CSIS warns.” The Globe and Mail. 23 Apr. 2012. (http://www.theglobeandmail.com/news/politics/al-qaeda-switching-tactics-csis-warns/article2411810/?utm_medium=Feeds%3A%20RSS%2FAtom&utm_source=Politics&utm_content=2411810). 26 Apr. 2012.

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Thursday, April 26th, 2012 Africa, Australia, Essential Reading, Europe, Government, Middle East, North America, Preparedness, Public Safety, Terrorism, War Comments Off on Authorities Concerned About ‘Lone Wolf’ Terrorist Attacks On Anniversary Of Osama Bin Laden’s Death

India, China To Boost Gold Demand Even More?

As I write this Tuesday afternoon, the spot price of gold is just north of $1,660- somewhat higher from last week when a number of observers were claiming the gold bull market was either dead or on its last legs. While the precious metal saw some major price drops recently, it should be noted that Indian jewelers were on strike, and China wasn’t observed to be making any significant acquisitions of the yellow metal. These two nations are the world’s largest gold buyers.

Well, the strike in India is over, and it’s suspected the People’s Republic of China isn’t as uninterested in gold as it appears. From Allen Sykora (Kitco News) on the Forbes website today:

Physical demand for gold is expected to pick up again now that Indian jewelry shops have ended a strike, although it remains to be seen how strong this demand will be and whether the protests will resume next month, analysts said.

A majority of India’s jewelers closed their shops for roughly three weeks to protest a doubling of the import tax on gold from 2% to 4% and introduction of an excise tax of 1% on unbranded gold jewelry. Jewelers reopened late last week when Finance Minister Pranab Mukherjee reportedly offered assurances he would consider a rollback of the excise duty…

India, along with China, is one of the world’s two largest consumers of gold. The end of the strike comes at a key time, with the approach of India’s gift-giving Akshaya Tritiya festival on April 24.

(Editor’s note: Italics added for emphasis)

And from the Australian business news and commentary website Business Spectator today:

The Australian’s Robin Bromby reckons Zijin Mining Group’s bid Norton Gold Fields is just the beginning of a much larger gold-buying program in China, and that there’s more to it than simple mergers and acquisitions.

“A very reliable source close to several gold companies tells us Chinese interests are not only taking stakes in explorers and miners, they are also buying gold directly from producers and shipping it home. There is much talk in gold bug circles in the US that the recent purchase by the Bank of International Settlements of more than four tonnes of gold may have been wholly or in part on behalf of the People’s Bank of China. Our source is quite clear on one thing: the move on NGF is just the beginning. China wants more gold and it doesn’t want to pay full market price for it (as it doesn’t for any mineral) so it will be looking to pick up more Australian gold producers and add the yellow metal to its existing central bank gold pile. Not something the Perth Mint will be happy to hear.”

(Editor’s note: Italics added for emphasis)

Sounds like the PRC doesn’t want to advertise its gold buying program to the rest of the world than it needs to. Which is understandable, as gold prices could rise in anticipation of purchases.

I guess the Chinese haven’t heard about gold being just a “barbarous relic” yet.

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

Sources:

Sykora, Allen. “Physical Gold Demand Expected To Pick Up As Indian Festival Approaches, Jewelers Strike Ends.” Forbes. 10 Apr. 2012. (http://www.forbes.com/sites/kitconews/2012/04/10/physical-gold-demand-expected-to-pick-up-as-indian-festival-approaches-jewelers-strike-ends/). 10 Apr. 2012.

“THE DISTILLERY: Riling Rio.” Business Spectator. 10 Apr. 2012. (http://www.businessspectator.com.au/bs.nsf/Article/china-resources-australian-economy-asx-rio-tinto-i-pd20120410-T7S3T?OpenDocument). 10 Apr. 2012.

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Poll: Only Around 2 In 10 Americans Think They’ll Become Millionaires

So tell me
Tell me, tell me, how to be a millionaire?
Tell me, tell me, how to be a millionaire?

Who wants to be a millionaire?
I do, I don’t, I do
Who wants to be a millionaire?
I do, I don’t
I’ve seen the future, I can’t afford it

-ABC, (How to Be a) Millionaire (1984)

I wonder what kind of impact those middle-class woes I talked about this morning had on the following. The Associated Press’ Laurie Kellman reported Monday:

Who believes they’ll be a millionaire?

About two in 10 Americans do — a small showing of optimism compared to Australians, but downright cheery next to Britons when asked about becoming wealthy in the next ten years, according to a new Associated Press-CNBC poll.

In all three countries, more than seven in 10 of those surveyed said they were unlikely to become millionaires in the next decade.

The results reflect the psychic toll that the worlds’ economic troubles have taken on the aspirations of individuals. Solid majorities of can-do Americans — 61 percent — and Britons — 63 percent — say it’s extremely or very difficult for their countrymen to become millionaires today…

On the flip side of the planet, just 35 percent of Australians feel the same way, the results found.

(Editor’s note: Italics added for emphasis)

Must be the Foster’s talking…

Source:

Kellman, Laurie. “AP-CNBC Poll: $1 million a long shot in US.” Associated Press. 19 Sep. 2011. (http://news.yahoo.com/ap-cnbc-poll-1-million-long-shot-us-085537907.html). 21 Sep. 2011.

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Wednesday, September 21st, 2011 Australia, Europe, Main Street, Wealth Comments Off on Poll: Only Around 2 In 10 Americans Think They’ll Become Millionaires
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