United Kingdom

Signs Of The Time, Part 88

The Financial Times (UK) website reported yesterday that Z/Yen, billed as “the City of London’s leading commercial think-tank,” just published its eighteenth Global Financial Centres Index. GFCI 18, as it’s otherwise known, rated 84 of the world’s financial centers. From a Z/Yen press release Wednesday:

London has moved ahead of New York to reclaim the number one position. London climbed 12 points in the ratings to lead New York by eight points…

London, New York, Hong Kong, and Singapore remain remain the four leading global financial centres. New York, in second place is now 33 points ahead of Hong Kong in third. Tokyo, in fifth place, is 25 points behind the leaders…

Toronto (8th), San Francisco (9th), and Washington, D.C. (10th) were other North American cities in the “top ten” of this year’s Index.

You can read the entire Z/Yen press release on their website here (.pdf format).

YouTube Video

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

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Thursday, September 24th, 2015 Asia, Europe, North America, Signs Of The Time No Comments

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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Jim Rogers: ‘You Should Be Prepared, You Should Be Knowledgeable, And You Should Be Worried’

Well-known investor, author, and financial commentator Jim Rogers recently talked to J.D. Hayworth, the host of the Newsmax TV show Newsmax Prime, about a number of topics, including what he suspects the Federal Reserve will do the next time there’s panic on Wall Street. From the exchange published on the Newsmax website tonight:

What’s going to happen is every time people start calling up and panicking they’re going to do something. I don’t know what they’ll do next. They’ll buy more shares. Or they’ll buy shares, they’ll buy more bonds, they’ll do something. And then we’ll have another big rally. But J.D., that’s going to be the last rally. Maybe they can save the market one more time. But the world is starting to give up on all this artificial money printing. It’s happening in Japan, Europe, Britain, and America. It’s never happened before in recorded history that all the major central banks are printing a lot of money. This is not going to end well, J.D. You should be prepared, you should be knowledgeable, and you should be worried

We’ve had economic slowdowns every four to seven years since the beginning of the Republic. We’re going to have them again. It’s been six years since the last time. So start getting worried. Maybe it’ll be seven, maybe it’ll be eight years this time, but it’s going to come…

(Editor’s note: Bold added for emphasis)

The former investing partner of George Soros went on to address Hayworth’s question regarding “three main things that need to happen to avert economic gloom-and-doom if possible.” You can watch the entire discussion over on the Newsmax website 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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Glenn Beck: ‘Something Bad Is Coming Our Way… Here’s What I Would Suggest You Do’

Echoing what Damian McBride, a former special adviser to British Prime Minister Gordon Brown, tweeted Monday was Glenn Beck. The American television/radio host and producer, political commentator, author, and entrepreneur told listeners yesterday on his radio program:

I believe there is something in our collective conscience, I believe there is something that is telling people all around, all around the globe, something bad is coming our way. And I think everybody feels it. So here’s what I would suggest you do. I would suggest that you have, you pay attention to what is in your 401(k). You make sure that there is some sort of stop on your 401(k) so you can’t just lose everything on your 401(k). That if you do have stocks you call your broker today and make sure that you have some sort of stop at 5 percent or 10 percent or whatever else you’re ready to risk. I would highly suggest that you have enough cash for a week. This is not the big crash. I just don’t believe that. Maybe it is- I don’t believe that. I’m always bad on timing, so seeing that I feel like it’s not, it probably is. However, there is going to come a time when things just stop working and they shut everything down. And they stop a run on the bank and everything else. And I don’t think we’re there. But, I would suggest that you have a week’s worth of cash on hand. And the only reason why you should have a week’s worth of cash on hand is in case they do at some point close the banks just to be able to stabilize the situation. Because that will happen at some point. I don’t think it’s happening today, but that will happen at some point. So you should have a week’s worth because what happens is, we have seen this happening now recently in other countries where they just limit the amount that you can take out. And so everybody just gets $200, you know, every couple of days you can have $200, but that’s it. I would just make sure that you have looked at your food storage, and your 72-hour food storage. If you’ve had gold or silver or whatever it is that you feel good about, you have those things on hand. Have you replenished your ammunition in your guns? How are you doing with God? Those are all the doomsday things to do, but if you have any of those unchecked on your list, I would make a point to start doing them today, because we are headed for trouble.

“Something Bad Is Coming | “The Glenn Beck Radio Program”
YouTube Video

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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Good Article On British Preppers

“Damian McBride @ DPMcBride- Aug 24
Advice on the looming crash, No. 1: get hard cash in a safe place now; don’t assume banks and cash points will be open, or bank cards will work”

“Damian McBride @ DPMcBride- Aug 24
“Crash advice No. 2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.”

“Damian McBride @ DPMcBride- Aug 24
“Crash advice No. 3: agree a rally point with your loved ones in case transport and communications get cut off; somewhere you can all head to.”

“Damian McBride @ DPMcBride- Aug 24
I’m presuming the Central Banks will intervene to stop this market slide but that will just make the eventual, inescapable crash even worse.”

-Tweets from Damian McBride, former special adviser to British Prime Minister Gordon Brown, as global stock markets continue to plunge this week

Earlier this evening I came across a good article about British preppers on the website of the Mirror (UK).

One of the reasons I call the piece “good” is that the author, Jeff Parsons, reported on prepping without the typical bias and ridicule found in most other mainstream media works on this subject.

The Mirror Online met with a “survival expert that tells it like it is”- Steve Hart of the British prepping website ukpreppersguide.co.uk- who proceeded to explain the activity as:

Prepping itself is just another form of insurance. People have life, car or pet insurance for the “what ifs” – this is just looking at a “what if” from a slightly different perspective.

What if a serious earthquake hits? Or a tsunami or a volcano or even a bio-terrorism attack?

Funny. That’s pretty much how I’ve come to describe prepping as.

The article is an interesting look at preppers “across the pond”- with some basic prepping tips thrown in.

You can read the entire piece over on the Mirror website here.

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

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Marc Faber Recommends Equities, Real Estate, Precious Metals To Counter Stock Market Plummet

Swiss-born investment advisor/money manager Marc Faber was on the CNBC TV show Trading Nation yesterday. Speaking by phone, the publisher of the monthly investment newsletter The Gloom Boom & Doom Report reminded viewers of the stock market correction he’s been predicting for some time now. Dr. Faber said:

I think that the market is in a position where’s it’s not just going to be a 10 percent correction- maybe first goes up a bit further. But when it comes it will be 30 percent or 40 percent minimum.

Famous for advising clients to get out of the U.S. stock market one week before the October 1987 crash and for predicting the 2008 global financial crisis, Faber added:

I’m not short the market yet.

Nevertheless, it sounds like the “crash prophet” is prepared. “Dr. Doom” shared with viewers:

I don’t want to be 100 percent in cash for the simple reason that I don’t trust governments, and I don’t trust banks. So I want to own some equities, I want to own some properties, and I want to own some precious metals. And when we talk about stocks, the only group that stands out as great value around the world are gold mining shares.

Faber went on to talk about gold stocks more in-depth.

“Marc Faber talks protection strategies”
CNBC Video

Later on in the show, Dr. Faber added:

If I look at the ignorance of central bankers, and their recklessness of printing money from the U.S. to the ECB to Japan to the Bank of England, I want to own some precious metals.

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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U.S. Troops Being Deployed To Ukraine By End Of Week

On Monday, a U.S. Army brigade commander confirmed in a think-tank discussion that American troops were being deployed to the Ukraine later this week. While attending a Center for Strategic & International Studies event in Washington, D.C., yesterday, Colonel Michael L. Foster, Commander of the 173rd Airborne Brigade, told attendees:

As we have worked in Operation Atlantic Resolve, the U.S. Army has brought regionally-aligned forces forward to Europe to participate in that and to take part in it. So initially, 1st Brigade, 1st Cavalry Division came over last fall. They relieved us and took up responsibility for Atlantic Resolve. They have since been replaced by the other brigade combat team that’s in Europe that has the mission right now. And now that we are in the month of March we are going to change the mission again. 1st Brigade of 3rd Infantry Division will be picking up some of the responsibility for Atlantic Resolve. We’ll be putting elements of the brigade back forward toward that mission. And then additionally as we continue to look forward, we- we meaning U.S. Army Europe and the European Command- we are expanding Operation Atlantic Resolve further to the south. And so Poland and the Baltic States- they’re what we’re now referring to as Operation Atlantic Resolve North. And here later this month we’ll be sending forces to Romania, Bulgaria, and what we’re going to be calling Operation Atlantic Resolve South. And that has the potential this summer to expand to include potentially Hungary, potentially Georgia, at some point in time the Czech Republic. And so by the end of the summer you could very well see an operation that stretches from the Baltics all the way down to the Black Sea. So geographically, you connect countries. You will see a line of deployed U.S. troops. And then very specifically for the brigade, here before this week is up, we will be deploying a battalion-minus from the brigade I’m a part of to the Ukraine to train Ukrainian forces for the fight that’s taking place in the eastern portion of their country. So, very unique- a separate event from Atlantic Resolve that kind of certainly tied into deterring Russian aggression.

(Editor’s note: Bold added for emphasis)

Colonel Foster added later:

We are training national guard companies with our companies. So we have got them paired up. A U.S. company with a Ukrainian company is the primary avenue for conducting that training. Initially, the plan is to go for 6 months. So through the October timeframe. There have been discussions about how to expand both the duration of that event and the scope. You know, there are other things the U.S. can assist with from a military perspective… So right now what we have got laid out is 6 United States companies that will be training 6 Ukrainian companies throughout the summer, and we have got 3 battalion headquarters elements aligned with 3 Ukrainian battalion headquarters elements to work at that level. But really, nothing above battalion staff level at all.

“Relooking Europe: The Role of Land Forces”
(Eastern Europe/Ukraine deployment discussion really begins @ 13:27)
YouTube Video

Last week, Britain announced it was sending 75 military advisers to train Ukrainian army personnel.

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

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Tuesday, March 3rd, 2015 Europe, Foreign Policy, Government, Military, War No Comments

Britain’s MI5 Chief, Former CIA Deputy Director Issue Terrorism Warnings

There’s no doubt in my mind that terrorism will soon be coming to our doorstep again.

Conducted both “lone wolf” style and via organizational activity.

And two high-profile members of the U.S. and U.K. intelligence communities are suggesting the same. From the Agence France-Presse (AFP) website yesterday:

The head of Britain’s domestic spy agency MI5 warned on Thursday that militant Islamists in Syria were planning “mass casualty attacks” in the West and that intelligence services may be powerless to stop them.

“We know… that a group of core al-Qaeda terrorists in Syria is planning mass casualty attacks against the West,” Andrew Parker told journalists in London a day after an Islamist attack in Paris claimed 12 lives.

“Although we and our partners try our utmost, we know that we cannot hope to stop everything,” he added…

“We still face more complex and ambitious plots that follow the now sadly well-established approach of al-Qaeda and its imitators — attempts to cause large-scale loss of life, often by attacking transport systems or iconic targets,” he said.

(Editor’s note: Bold added for emphasis)

There’s also this from former CIA Deputy Director and CBS News Senior Security Contributor Michael Morell back on December 15, 2014. From an exchange between CBS This Morning co-host Norah O’Donnell and Morell (speaking about the Australian lone-wolf terrorist event going on that day):

O’DONNELL: Michael, when other countries will look at this incident, perhaps as ISIS succeeding in some way in encouraging lone wolves to carry out these types of attacks. What concerns you the most?

MORELL: What concerns me the most is that we’re going to see this kind of terrorism around the world, and we are going to see it here, Norah. We are going to see this kind of attack here. And we need to be prepared for that. It shouldn’t surprise people when this happens here sometime over the next year or so- guaranteed.

(Editor’s note: Bold added for emphasis)

“When this happens here sometime over the next year or so- guaranteed”

Yikes. That’s the first time I’ve ever heard a timeframe being attached to a threat like that.

And a guarantee to boot.

Does Morell know something you and I don’t?

Considering his background- probably.

CBS Video

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

(UPDATE: The Federal Bureau of Investigation and Department of Homeland Security issued a terrorism-related intelligence bulletin Friday to 18,000 U.S. law enforcement agencies in the wake of the Paris terrorist events. However, it did not specify any specific threat to the U.S. homeland connected to the incidents in France.)


“Militants planning mass casualty attacks against West.” Agence France-Presse. 8 Jan. 2015. (http://news.yahoo.com/militants-planning-mass-casualty-attacks-against-west-uk-005654650.html). 9 Jan. 2014.

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Peter Schiff: Swiss ‘No’ Vote May Signal Gold’s Bottom, Return Of Bull Trend

“Swiss voters overwhelmingly rejected an initiative on Sunday that would have forced the country’s central bank to hold one-fifth of its assets in gold, a move that would have eroded its ability to conduct monetary policy.

Citing projections from results in 19 of the country’s 26 cantons, Swiss television said roughly 78% of voters opposed the initiative, dubbed ‘Save Our Swiss Gold.’ The gold initiative would have also barred the Swiss National Bank from selling gold in the future…”

The Wall Street Journal website, November 30, 2014

I hadn’t been paying too much attention to that Swiss vote on gold. But after the mainstream financial news outlets cheered the Swiss citizens rejecting the initiative, I thought this could rank right up there with the United Kingdom selling off half its gold reserves in 1999 when the precious metal was valued at only $300 an ounce- a 20-year low at the time.

In other words, a move the Swiss may very well come to regret in the coming years.

To each their own, I always say.

And Wednesday, the CEO of Euro Pacific Capital, Peter Schiff, shared his thoughts about Switzerland’s rejection of the yellow metal. From his December 3 SchiffGold “Gold Videocast” entry on YouTube.com:

I actually believe that the “no” vote- from the long-term perspective- is even more bullish for the price of gold than had Switzerland voted to back their currency with 20 percent gold…

Thinking about it from a historical perspective, if there’s a chance that we saw the lows for the entire gold move on Sunday night, it would be ironic, and then I think makes a lot of sense, that the Swiss “no” vote on adopting even a modified gold standard would mark the low point for gold. Just like you have the Bank of England dumping a bunch of gold at the lows, I mean, central banks or actions around central banks sometimes mark key points. And the fact that the Swiss said “no” to gold, “we don’t want it,” that may be the day that gold actually bottomed out and now we’re resuming the bull trend. Only time will tell whether that is the case. But again, if it’s not the absolute bottom, I think it’s close enough not to worry about it, and I think that people need to be buying the gold that the Swiss citizens just told their bank not to buy. And not only the gold, silver. Because if gold goes up, silver’s going up. So buy both metals.

“Gold Videocast: Swiss Franc No Longer a Safe Haven
and a Possible Bottom in Gold”
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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Islamic State May Now Have A Dirty Bomb, But What About A Nuke?

“Militants in Iraq have taken hold of nuclear materials at university science facilities near the northern city of Mosul, the Iraqi government has said in a letter to the United Nations.

But two U.S. officials told CNN on Wednesday that the small amounts of uranium aren’t enriched or weapons-grade, prompting only minimal concern…”

-CNN website, July 10, 2014

I remember reading about the Islamic State getting their hands on that nuclear material near Mosul this summer. And I also remember the American response to it happening- which was basically “who cares?”

Now, I distinctly recall what I was thinking when I heard the news:

The caliphate is going to build themselves some dirty bombs.

From the United States Nuclear Regulatory Commission website:

A “dirty bomb” is one type of a radiological dispersal device (RDD) that combines conventional explosives, such as dynamite, with radioactive material. The terms dirty bomb and RDD are often used interchangeably in the media. Most RDDs would not release enough radiation to kill people or cause severe illness – the conventional explosive itself would be more harmful to individuals than the radioactive material. However, depending on the situation, an RDD explosion could create fear and panic, contaminate property, and require potentially costly cleanup… A dirty bomb is not a “Weapon of Mass Destruction” but a “Weapon of Mass Disruption,” where contamination and anxiety are the terrorists’ major objectives

A “weapon of mass disruption.” Cute.

On Saturday, the Daily Mirror– a British tabloid- ran the following:

Islamic State fanatics have built a dirty bomb, it has been claimed.

The fighters are said to have made a device using radioactive uranium stolen from Iraq’s Mosul University after seizing control of the city last June.

And this week they were boasting of the damage it would cause if blown up in London, although sources insist security measures would make it almost impossible to transport here…

If the bomb does exist, militants are far more likely to use it in Syria or Iraq, rather than trying to smuggle it into a Western country.

(Editor’s note: Bold added for emphasis)

“Although sources insist security measures would make it almost impossible to transport here.”

“Militants are far more likely to use it in Syria or Iraq, rather than trying to smuggle it into a Western country.”

Not sure I agree with those statements. First off, you don’t need to “transport” the components required to construct a dirty bomb. There’s a good chance the bad guys would be able to source that locally in the U.K.

Second, going back to that NRC statement about dirty bombs being “weapons of mass disruption” rather than “destruction”- it’s my understanding that Iraq and Syria are way past being “disrupted.” Why would the Muslim extremists waste such fear-inducing devices there? New York City makes more sense as a potential dirty bomb target. Think Wall Street during the business week or Times Square on New Year’s Eve. That’s what I’d be trying to prevent if I were still in government and in the counter-terrorism field.

So the caliphate may have a dirty bomb. Not shock there if this turned out to be true considering the relative ease of constructing one. More of a concern should be the Islamic State getting their hands on a nuclear weapon. Why’s that? Because these guys have proven themselves to be hard-chargers and probably wouldn’t hesitate to detonate the damn thing among their enemies. Joe Cirincione, an expert on nuclear proliferation, penned on the Huffington Post website on November 28:

It is impossible now for ISIS to build a nuclear bomb from scratch. Doing so would require large, industrial facilities to enrich uranium, billions of dollars and gigawatts of energy. But if they could get the highly-enriched uranium — about 100 pounds would do, about the size of a soccer ball — it is possible that they could assemble the equipment and small technical team to build the bomb.

Jeffrey Lewis described in the superb documentary, Countdown to Zero, how few people are actually required to do this and how little it would cost. But it does require a sophisticated operation. ISIS has the capabilities required.

We have never encountered a terrorist group like ISIS. Their demonstrated brutality and willingness to kill large numbers of innocents is shocking, but is now the kind of terrorism that we have become familiar with over the past 20 years. ISIS adds three capabilities that catapult the threat beyond anything seen before: control of large, urban territories, huge amounts of cash (perhaps as much as $2 billion), and a global network of recruits.

With these assets they could illicitly acquire the nuclear material for a bomb from vulnerable storage sites in Russia or Pakistan, and possibly nuclear expertise as well

(Editor’s note: Bold added for emphasis)

Remember that phrase “if you build it, they will come” from the 1989 film Field of Dreams?

It’s seems like “if they build it, they will blow s**t up” as it concerns these particular jihadists.

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


Dorman, Nick and Doyle, Neil. “British ISIS fanatics have built a dirty bomb and boast of the damage it could inflict on London.” The Mirror. 29 Nov. 2014. (http://www.mirror.co.uk/news/uk-news/british-isis-fanatics-built-dirty-4721561). 2 Dec. 2014.

Cirincione, Joe. “Preventing a Nuclear ISIS.” Huffington Post. 18 Nov. 2014. (http://www.huffingtonpost.com/joe-cirincione/preventing-a-nuclear-isis_b_6180120.html). 2 Dec. 2014.

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Survival And Prosperity
Christopher E. Hill, Editor
Est. 2010, Chicagoland, USA

Successor to Boom2Bust.com
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