Middle East

SP Intel Report- November 13, 2015


DIY Solar Electricity, Window Farming For Beginners Classes From The Green Suite

Nick Conrad and The Green Suite will be putting on DIY Solar Electricity and Window Farming for Beginners classes over the next couple of weeks:

DIY Solar Electricity (class #1)
Wednesday, November 18, 7 to 9 PM
The Green Suite, 3958 N. Fremont, Apt. 3, Chicago
$30 to attend, 2 spots left as I type this

Window Farming For Beginners
Wednesday, December 2, 7 to 9 PM
The Green Suite
$30 to attend, 8 spots left

DIY Solar Electricity (class #2)
Tuesday, December 15, 7 to 9 PM
The Green Suite
$30 to attend, 5 spots left

For more information, head on over to The Green Suite website here.

Cook County Finance Committee Approves Ammunition Tax

It comes as no surprise that Cook County, Illinois, aims to tax law-abiding firearm owners in the county for the actions of criminals- yet again. Earlier this week I mentioned Cook County President Toni Preckwinkle had proposed a tax on ammunition sales in the county. Today, the Cook County Finance Committee approved the proposal. Hal Dardick reported on the Chicago Tribune website tonight:

The Finance Committee on Friday approved a series of other new taxes and fees. They include… A new tax on bullets- 5 cents per round of “centerfire ammunition” and 1 cent per round of “rimfire ammunition”- to raise $320,000 a year for public safety and health programs.

Todd Vandermyde, Illinois lobbyist for the National Rifle Association, said the county could expect a court challenge on the bullet fee, just as it is battling a lawsuit against a $25-per-gun purchase tax that went into effect two years ago.

“It seems interesting that the county wants to go down this road again, because you’ll incur even more litigation with a new suit to deal with this issue,” Vandermyde said, noting the relatively small sum the bullet tax is expected to bring in…

(Editor’s note: Bold added for emphasis)

See you in court? I’d be curious to find out how much that $25-per-gun purchase tax lawsuit has cost Cook County taxpayers to date.


Illinois State Rifle Association Warns Of State Gun Control Legislation

Still on the topic of firearms tonight, gun control is on the march here in the “Land of Lincoln.” And the Illinois State Rifle Association has identified new initiatives that threaten the Second Amendment. From the ISRA Thursday Bulletin’s “Executive Director’s Message” for November 12, 2015:

In Springfield we have a couple of troublesome House Resolutions introduced. The first of these is HR0830 (Flowers, D-31, Chicago). HR 0830 calls for President Obama to hold a National Conference on Gun Violence by the end of 2015, in Chicago. This of course would be a blame the law abiding gun owners conference more than anything else. There are only 49 days left this year so it would have to happen quickly.

The next resolution, (Welch, D-7, Hillside), urges the courts, especially the Supreme Court, to adhere to the clear wording of the Second Amendment, being a right afforded to state sponsored militias, not individuals (this is their wording, not mine). What this clearly points out is that the Second Amendment is under attack. If you are not disturbed by this, you should be…

(Editor’s note: Bold added for emphasis)

You can read the entire Thursday Bulletin via the ISRA’s Twitter page here.


My thoughts and prayers go out to France this evening. While appalled, I am not shocked to hear of the Paris terror attack however. For a couple of years now I’ve talked about the November 2008 Mumbai, India, slaughter being emulated by terrorists. Almost a year ago to this day I blogged:

Something tells me our friends in Western Europe might suffer a major terrorist attack before a strike against the United States…

And on January 7, 2015, I wrote:

I still predict major terrorist attacks having the potential of inflicting large numbers of casualties will be directed against America and its allies in the future. The possible culprits being several, but including Muslim extremists like Al-Qaeda and its affiliates…

(Editor’s note: Bold added for emphasis)

Captain Obvious strikes again? Perhaps. But the notion of a large scale terror attack directed against the United States and/or its allies doesn’t appear to have been registering on the radars of lots of people these days. With a laughable economic “recovery” and plenty of distractions in play by the powers-that-be, who could blame them?

After the carnage in France, America and her allies remain in the crosshairs of the terrorists. Stay safe…

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


Dardick, Hal. “Preckwinkle wins hotel tax, declines to rule out future hikes.” Chicago Tribune. 13 Nov. 2015. (http://www.chicagotribune.com/news/local/politics/ct-preckwinkle-hotel-tax-cook-county-met-20151113-story.html). 13 Nov. 2015.

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Ted Koppel Warns Of All-Out Cyberattack On U.S. Power Grid

“Yes, it’s frightening. It is frightening enough that my wife and I decided we were going to buy enough freeze-dried food for all of our kids and their kids…

Do I believe I got it wrong? No. I spent a year-and-a-half trying to get it right and unfortunately I think I did.”

-Veteran U.S. journalist Ted Koppel, referring to the possibility of a nation-wide power outage resulting from a massive cyberattack by America’s enemies against the electrical grid

“In the dark over power grid security”
CBS News Video

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

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Gabe Suarez: ‘What We Really Need Is A Good Guy That Is Also A Killer’

Back on January 9, I blogged about Gabe Suarez, head of The Suarez Group and a decorated veteran of Southern California law enforcement, concerning a Facebook post of his in which he declared “Every Man Is A Counter Terrorist” in response to the Charlie Hebdo shootings in France.

On Friday, he updated that “call to arms” against the “bad guys” in the wake of the mass shooting at Umpqua Community College in Oregon.

While that update was just as thought-provoking as the original, it’s what Suarez wrote Sunday on his company’s Facebook page (and which I received via e-mail this morning) that really stands out for me. From that post:


Some points on Oregon: Its not a video of a kitten so I hope its actually read by someone.

1). I could simply cut and paste every article I have written after these and simply change the dates and locations and they would all be spot on.

a). Its either a jihadist muslim extremist, a common crazy guy, or a combination of both.

b). It is at a place where everyone has been voluntarily disarmed.

c). The police arrive after the bodies pile up and kill him, and then say it was a suicide.

d). The monkeys in charge call for more gun restrictions. Over and over and over. Routine? Yup.

2). The woods are lovely dark and deep. I will leave it at that…look it up. Very excellent timing after Putin gave Obama a penile prostate check over Syria.

3). If we did not embrace the cultures that hate us (reference the 100,000 Syrians your POTUS is bringing into the USA), or allow crazy people to roam free…I bet there would be fewer of these.

4). Given the inability of the authorities to keep you safe in such events, obeying “the sign” is a form of insanity. Not only immoral for them to suggest you do so, but also foolish on your part knowing what the eventual outcome of such an event would be.

5). We have plenty of noble victim-heroes that sacrifice themselves, unarmed to save others.

Yes…I got it…America yearns for heroes in these estrogenized times like an addict yearns for a fix. But we have plenty of the self sacrifial types. What we really need is a good guy that is also a killer. A good guy that is also a killer that will ignore the sign, and go after the sound of the shots with a smile on his face and a pistol in his hand and shoot the bad guy right in the face…or the back of the head if positioning favors that.

Today, every man or woman is a counter terrorist.


Suarez once again leaves his audience with a good deal of material to really think about, particularly that bit where he said, “The police arrive after the bodies pile up and kill him, and then say it was a suicide.”

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

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Al-Qaeda Chief Calls On Young Muslim Men To Attack America, Allies

On Sunday, the Daily Mail (UK) website ran two terrorism-related pieces which might be of interest to Survival And Prosperity readers. Imogen Calderwood reported:

The leader of Al-Qaeda delivered a sinister message to young Muslim men in the United States and other Western countries, encouraging them to carry out attacks in their home countries.

Terror leader Ayman al-Zawahiri makes the call to arms in an audio recording that was posted online on Sunday…

‘I call on all Muslims who can harm the countries of the crusader coalition not to hesitate,’ he said in the recording, referring to the nations making up the Western-led coalition in Iraq and Syria.

‘We must now focus on moving the war to the heart of the homes and cities of the crusader West and specifically America.’

The leader suggests Muslim youths take their inspiration from Tsarnaev and the Kouachi brothers, who carried out the Boston marathon bombings and the Charlie Hebdo shootings in Paris respectively…

(Editor’s note: Bold added for emphasis)

Future terror attacks in the mold of Boston and Paris concern one top spy who recently retired. Keiligh Baker reported later Sunday:

The former head of MI6 has warned that it is just a matter of time before terrorists hit the West and claimed Britain would no longer be able to safeguard another massive event like the Olympics.

Sir John Sawers stepped down last year after five years as chief of the UK Secret Intelligence Service, MI6, a post known as ‘C’ in the service…

Today, in an interview on CNN’s Global Public Square, he said the risk of a terrorist attack hitting the West has grown substantially since he stepped down from the role

Sir John said the way terrorists carry out their heinous attacks has changed drastically since the emergence of ISIS.

‘They’re not trying to fly airliners into buildings. They’re doing simpler things,’ he said.

He cited examples such as the massacre at French satirical magazine Charlie Hebdo in January, which saw brothers Saïd and Chérif Kouachi force their way into the building and kill 11 employees and another man, a police officer, outside the building.

He said as an intelligence service these sort of attacks are a lot harder to prevent…

(Editor’s note: Bold added for emphasis)

Sobering reading.

I’m still convinced a major terror attack by Muslim extremists on the U.S. homeland (more complex than what was perpetrated by the Tsarnaev and Kouachi brothers) is headed our way.

Growing hatred of the United States because of our continued presence in the Middle East, poverty, continued radicalization of the young and more “moderate” Muslims, porous borders, rampant political correctness, gun “control,” and limits to our nation’s counter-terrorism capabilities all come to mind when I contemplate such an incident.

But what can someone like you or me do in the face of such danger? Is there anything that can be done?

More on that next time…

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


Calderwood, Imogen. “Al Qaeda leader calls on young Muslim men in the US and the West to copy Boston Bombers and Charlie Hebdo killers with more homegrown attacks.” Daily Mail. 15 Sep. 2015. (http://www.dailymail.co.uk/news/article-3232767/Al-Qaeda-leader-calls-young-Muslim-men-West-copy-Boston-Bombers-Charlie-Hebdo-killers-homegrown-attacks.html). 13 Sep. 2015.

Baker, Keiligh. “Terrorists WILL hit the West and UK would not be able to safeguard another Olympics, warns former MI6 chief Sir John Sawers.” Daily Mail. 13 Sep. 2015. (http://www.dailymail.co.uk/news/article-3232834/UK-not-safeguard-Olympics-warns-former-MI6-chief.html). 15 Sep. 2015.

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Complacency Over Next Terror Attack By Muslim Extremists

FBI, CIA, NSA all say no 9/11 terror threat

The directors of the FBI, CIA and the National Security Agency said Thursday they have seen no specific or credible threat to the American homeland in connection with the 14th anniversary of 9/11 — despite a surge of digital and audio propaganda circulated in recent days from both al Qaeda and its growing rival on the global jihadi stage, the Islamic State…”

The Washington Times, September 10, 2015

On the eve of the 14th anniversary of the September 11, 2001, Al-Qaeda terror attacks, I detect an abundance of complacency in the U.S. concerning the next attack by Muslim extremists. For example:

Since September 11, Threat of Terrorism Has Morphed

Bin Laden’s distant dream of a caliphate in lands cleared of Western influence is being reshaped by the Islamic State, which exercises terror very differently, with less interest in attacking the ‘far enemy’ of the West than in creating a Salafist revolutionary regime…”

-Steven Erlanger, The New York Times, September 10, 2015

Does 9/11 really still have to be a ‘national emergency’?

As memorable and as meaningful as the 9/11 attacks were, they were also 14 years ago… virtually all the al-Qaeda leadership who planned the 9/11 attacks are dead or in custody, and while the long convoluted plotline of post 9/11 war and conflict has created an ongoing mess in the Middle East, any lingering threat to what was billed ‘the homeland’ — and the vigilance needed to stop it — is in a much, much better place than it was in 2001…

So what good comes of declaring a ‘national emergency,’ year after year?”

-Will Bunch, The Philadelphia Inquirer website, September 10, 2015

This is the wrong time to cut the city’s anti-terror funding

Alarmingly, funding is slowly decreasing for New York City under the ‘Securing the Cities’ program, which helps first responders detect nuclear materials and prevent attacks. The initiative deploys radiation-detection capabilities to the region’s law-enforcement agencies to identify illicit radiological materials that could be used for an attack.

This type of work requires sophisticated equipment and constant training — both of which are expensive but plainly worth the cost. Yet the Obama administration has proposed repeated cuts to the program, this year requesting only $10 million compared to historic levels of nearly double that amount…”

-U.S. Representative Dan Donovan (NY-11th), New York Post, September 10, 2015

Consider what Rudy Giuliani, the former mayor of New York City at the time of the 9/11 terror attacks, wrote on The Wall Street Journal website Thursday:

It would be a mistake, however, to conclude that 9/11 is now simply a part of the nation’s history, like Pearl Harbor. Because there is one big difference. The causes and hatreds that created 9/11 are still with us, and the terrorists have enlisted members who are even more diverse, cunning and determined. The Islamist terrorist war against us continues. This is not a matter of history but of current and future threats…

Now, once again, the terrorist attacks under the banner of jihad are increasing and diversifying. With so many such attacks and thwarted attacks over the past five or six years, we must recognize that “they”—those who want to destroy civilization—are continuing the war against us.

Yet those running our government seem to be in an even greater state of denial than the nation was in during the period before Sept. 11. Now, instead of bin Laden, Iran’s supreme ayatollah has declared that he wants to destroy Israel, to continue to kill Americans and to establish an Islamic empire including Iraq, Syria and Yemen—and the terrorist groups Iran supports. At the same time, the group known as Islamic State, or ISIS, has declared a caliphate seeking the destruction of Christianity and other infidels, and now occupies key areas of Iraq and Syria.

As we reflect on the attacks of Sept. 11, 2001, we must remind ourselves that all the wickedness underlying those attacks still exists and has expanded. We may very well be in more jeopardy now than before 9/11. Attacks such as those at Fort Hood, the Boston Marathon and similar incidents in Europe and around the world reveal that many enemies, not just one, are united in purpose: the destruction of our way of life. Each of these attacks may be more limited than the coordinated terrorist assault on Sept. 11, but they are frequent and hard to anticipate, causing widespread fear, the ultimate goal of terrorism.

We must acknowledge this war being waged against us, increase the military’s capacity to deal with it and, most important, train police to recognize the precursors of terrorist acts. U.S. military and intelligence capacity must not be drastically cut as proposed by this administration. It should be quantitatively increased and strategically improved…

(Editor’s note: Bold added for emphasis)

Just as I’m convinced a financial crash is coming to our shores, I’m sure another terror attack will be perpetrated by Muslim extremists.

Concerning both, it’s just a matter of “when.”

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


Taylor, Guy. “FBI, CIA, NSA all say no 9/11 terror threat.” The Washington Times. 10 Sep. 2015. (http://www.washingtontimes.com/news/2015/sep/10/fbi-cia-nsa-all-say-no-911-terror-threat/). 10 Sep. 2015.

Erlanger, Steven. “Since September 11, Threat of Terrorism Has Morphed.” The New York Times. 10 Sep. 2015. (http://www.nytimes.com/2015/09/11/world/europe/9-11-anniversary-terrorism-europe.html?_r=1). 10 Sep. 2015.

Bunch, Will. “Does 9/11 really still have to be a ‘national emergency’?” The Philadelphia Inquirer. 10 Sep. 2015. (http://www.philly.com/philly/blogs/attytood/Does-911-really-still-have-to-be-a-national-emergency.html). 10 Sep. 2015.

Donovan, Dan. “This is the wrong time to cut the city’s anti-terror funding.” New York Post. 10 Sep. 2015. (http://nypost.com/2015/09/10/this-is-the-wrong-time-to-cut-the-citys-anti-terror-funding/). 10 Sep. 2015.

Giuliani, Rudolph W. “The Islamist Menace Shadowing This Sept. 11.” The Wall Street Journal. 10 Sep. 2015. (http://www.wsj.com/articles/the-islamist-menace-shadowing-this-sept-11-1441929416). 10 Sep. 2015.

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Illinois Target Of Islamic State 9/11 Anniversary Attack?

Illinois could be the target of an Islamic State attack commemorating September 11, 2001, according to The Investigative Project on Terrorism, a Washington, D.C.-based non-profit research group that’s billed as the world’s most comprehensive data center on radical Islamic terrorist groups. John Rossomando blogged on For The Record (IPT’s blog) last Tuesday:

Several tweets from an Islamic State follower identifying himself as Abu Mohammed al-Khorasani hint that the terror group could be plotting new attacks inside the U.S. on the upcoming anniversary of 9/11.

A tweet featuring the Twitter hashtags ILLINOIS#, #11septmber and #KillAllAmericans went out at 12:04 p.m. Monday Aug. 31 saying, “Peace on the P.K. [a kind Russian machine gun] Its shots are thematic (rhymes) It strikes America. Our State is victorious.” A photo of the second airliner just before it hit the South Tower of the World Trade Center on Sept. 11, 2001 appeared in the tweet.

Six minutes later, al-Khorasani tweeted the same hashtags together with a muddled Arabic phrase saying, “If you say to me, Dushka (a kind of Russian machine gun) Oh God, You have a petitioner (Masha, rhymes with Dushka) He strikes America [sic] and our State is victorious.” A graphic saying, “every American citizen is a legitimate target for us,” followed the text.

On Sunday, al-Khorasani wrote a similar threat, saying “SOON,” accompanied by an image of Osama Bin Laden and images of the Sept. 11 hijackers…

(Editor’s note: Bold added for emphasis)

That Twitter hashtag ILLINOIS# bit is somewhat disturbing. Notice how no other location was mentioned in the tweet.

You can read the entire piece from Rossomando on the IPT website here.

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

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Quote For The Week

“How do you defeat terrorism? Don’t be terrorized.”

-Sir Ahmed Salman Rushdie (British/Indian writer who authored The Satanic Verses, which earned him a fatwa calling for his assassination from Ayatollah Ruhollah Khomeini, the founder of the Islamic Republic of Iran, on Valentine’s Day 1989. 1947- )

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

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Tuesday, September 8th, 2015 Middle East, Quote For The Week, Religion, Terrorism 2 Comments

Must-Read Marc Faber Interview

Regular readers of Survival And Prosperity know on Sundays I try and blog about the latest investment activities/recommendations of the “crash prophets”- Marc Faber, Jeremy Grantham, Jim Rogers, and Peter Schiff. This week, three of the “prophets” are sounding off. First up is Marc Faber. An interview of the Swiss-born investment advisor/money manager was published Friday on the website of MarcoPolis, a Paris-based international online publishing company. Johnnes Maierhofer and Peter Matay conducted one of the most comprehensive interviews of Dr. Faber I’ve ever come across, writing on MarcoPolis.net:

In this exclusive interview with Marcopolis.net Marc Faber covers it all: from commodities and China to the outlook on inflation, the Euro and gold. According to him the global economy is not healing. To the contrary, we might find ourselves back into recession within six months or a year. In that case he expects more money printing by central banks, which eventually could lead to high inflation rates and renewed strength in commodity prices.

On the bright side, he sees great economic potential in Vietnam. Also, the Iraqi stock market has good potential now that a deal with Iran has been reached. While mining stocks are extremely depressed we might see defaults before any meaningful recovery…

Followers of Faber know he’s been a gold bull for years now. The publisher of the monthly investment newsletter The Gloom Boom & Doom Report said this about the precious metal (and other investments of his) during the exchange:

I own gold and it doesn’t worry me that it went down because as I mentioned to you I have this diversification, the bonds in US dollars and the cash in US dollars has been a good investment essentially over the last twelve months. Then I own equities and I own properties in Asia that have been reasonably good investments so the fact that gold is going down doesn’t worry me and I buy every month a little bit but I think on this weakness I will increase the position substantially because I had maybe say 25% in gold but because equities and properties went up, the dollar went up and gold went down, the allocation to gold is no longer 25% but maybe only 10 or 15%.

So then I have to stock it up again. But I would say an individual should definitely own some physical gold…

“Doctor Doom” believes gold confiscation is a possibility, and added later in the discussion:

I think they will take the gold away and go back to some gold standard by revaluing the gold say from now 1000 dollars an oz. to say 10,000 dollars an oz…

A “must-read” interview for Faber followers, which you can access in its entirety on MarcoPolis.net here.

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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Islamic State Claims 71 ‘Trained Soldiers’ In ‘Virginia, Maryland, Illinois, California, And Michigan’ Plus 10 Other States?

“The next six months will be interesting.”

So claims a threat attributed to the Islamic State posted on anonymous message board JustPasteIt, per Sasha Goldstein and Jason Silverstein over on the Daily News (New York City) website late last night. From the message entitled “The New Era”:

The attack by the Islamic State in America is only the beginning of our efforts to establish a wiliya in the heart of our enemy…

We have 71 trained soldiers in 15 different states ready at our word to attack any target we desire. Out of the 71 trained soldiers 23 have signed up for missions like Sunday. We are increasing in number bithnillah. Of the 15 states, 5 we will name… Virginia, Maryland, Illinois, California, and Michigan…

“Illinois.” Yet another list we’d really prefer not to be on.

According to various sources on the Internet, “wiliya” (“wilayah”) means “province,” and “bithnillah” (“bi’ithnillah”) can be translated as meaning “with the permission of Allah.” The post was signed “Abu Ibrahim Al Ameriki,” a U.S.-born terrorist with the group.

Last August, I blogged about a Twitter post supposedly connected with the Islamic State which contained a photo of the Old Republic Building, 307 North Michigan Avenue, Chicago, along with the following:


We are in your state
We are in your cities
We are in your streets
You are our goals anywhere.

In that same August 27, 2014, post, I noted retired General Michael Hayden, the former Director of the Central Intelligence Agency and National Security Agency, had just told CNN’s Jim Sciutto in an interview:

HAYDEN: Well, Jim, you’ve outlined it perfectly. This is a question of timing. Not of inevitability. Not of intent. And right now, I think it’s fair to say, that ISIS is very powerful local terrorist organization, and probably a reasonably powerful regional terrorist organization. But it’s one that has global ambitions. And it has the tools, as you suggested. American passport holders, European passport holders. It’s expressed the intent. And so, if it’s not Tuesday, it’s at a time and place of their choosing. And will come probably sooner rather than later. Look, they’re in a competition now with Al-Qaeda Prime, folks along the Afghan-Pakistani border, and there’s no way more powerful to express their street credentials among the jihadist community than a successful attack against the West.
SCIUTTO: So, to be clear, you’re saying it’s just a matter of time before ISIS attempts to attack or attacks the U.S. homeland?
HAYDEN: I think so…

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


Goldstein, Sasha and Silverstein, Jason. “ISIS threatens anti-Muslim blogger Pamela Geller in message boasting of ’71 trained soldiers in 15 different states’” Daily News. 5 May 2015. (http://www.nydailynews.com/news/national/isis-appears-threaten-pamela-geller-claims-militants-article-1.2211913). 6 May 2015.

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Lord Rothschild Warns ‘Geopolitical Situation Perhaps As Dangerous As Any We Have Faced Since World War II’

Jacob Rothschild, or 4th Baron Rothschild Bt, OM, GBE, FBA, as he’s known across “the pond,” has issued a warning to investors in RIT Capital Partners, an investment trust chaired by the 78-year-old banker. Lord Rothschild wrote in the £2.3 billion trust’s 2014 annual report (Report & Accounts for the year ended 31 December 2014) under “Chairman’s Statement”:

Our policy has been clearly expressed over the years. Simply put, it is to deliver long-term capital growth while preserving shareholders’ capital; the realization of this policy comes at a time of heightened risk, complexity and uncertainty. The economic and geopolitical environment therefore becomes increasingly difficult to predict.

The world economy grew at a disappointing and uneven rate in 2014 after six years of monetary stimulus and extraordinarily low interest rates. Stock market valuations however, are near an all-time high with equities benefiting from quantitative easing. Not surprisingly, the value of paper money has been debased as countries have sought to compete and generate growth by lowering the value of their currencies – the Euro and the Yen depreciated by over 12% against the US Dollar during the course of the year and Sterling by 5.9%. The unintended consequences of monetary experiments on such a scale are impossible to predict.

In addition to this difficult economic background, we are confronted by a geopolitical situation perhaps as dangerous as any we have faced since World War II: chaos and extremism in the Middle East, Russian aggression and expansion, and a weakened Europe threatened by horrendous unemployment, in no small measure caused by a failure to tackle structural reforms in many of the countries which form part of the European Union.

However, in a world of zero or even negative bond yields, equities may well remain the destination of choice for investors. Furthermore, the majority of companies are reporting profits exceeding forecasts together with steady earnings growth. In Europe, the combination of a more competitive Euro, an aggressive programme of quantitative easing and the yields available on equities, may well lead to even higher valuations…

(Editor’s note: Bold added for emphasis)

In 2012, it was reported the elder member of the Rothschild banking family took a $200 million position against the euro.

You can read the entire report on RIT Capital Partners website here (.pdf format).

Christopher E. Hill
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)

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    Seems like I’ve been doing quite a few of these “additions” posts lately. Here are new entries to that list of offshore private vaults on my website of the same name: • Belfast Vaults (Belflast, Northern Ireland) • Berkshire Vaults (Berkshire, England) • DNK (Amsterdam, Hilversum, and Rotterdam in The Netherlands) • Griffin-Goodwest Oy (Tampere, […]
  • Related Reading: Austria’s Anonymous Private Vaults
    This morning I was reading an article on The Nestmann Group’s website entitled “Austria: Anonymous Storage and The World’s Safest Bank.” Offshore expert Mark Nestmann informed readers: Not that long ago, Austria had the world’s most stringent financial secrecy laws. Anonymous savings (Sparbuch) and securities (Wertpapier) accounts were widely used. The War on Terror, Money […]
  • Ireland: No Bank Safe Deposit Boxes For New Customers
    Further evidence that in some parts of the world, private, non-bank vaults are increasingly becoming the only game in town. Louise McBride reported on the Irish Independent website last Sunday: The banks have taken a lot of things from us in recent years. Here are ten things you can no longer do at your bank… […]
  • World’s Best Offshore Private Vault Videos For 2015, Honorable Mentions
    Last Wednesday, Offshore Safe Deposit Boxes started naming the “World’s Best Offshore Private Vault Videos” for 2015. Third place in the “short program” category went to Siam Secure (Thailand), runner-up was Sovereign Safe Deposit Centres (England), and the winner for the TV commercial-style marketing videos this year was Custodian Vaults (Australia). Third place in the […]