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When Australia gets on board with the legalisation of Cannabis, the monopolisation of the industry will be defined for crony insiders and regulation introduced to protect it by making difficult for new entrants.

I agree and am impressed that you would have called out the ambassador on his use of the term. It seems to me that it is being demonised by affiliation with Hitler and the WWII German Nazi movement. Whereas, if contrasted against the term "popular vote" one can see that "populism" is closely...

That's an interesting observation isn't it. One could almost argue that under that distinction, humanity lives according to libertarian ideals. In so much that once a socialist collective group gets large enough and its control structures stringent enough, the only way coercion from the elite...

That's crap! Merry Christmas all

Or another reason for more global QE?

Looks like Trump won it back by tweet! :lol: China will give back seized drone after Trump slams Beijing over issue Maybe it was all setup by th e Russians just to make the President elect Look like a man of action? :rolleyes:

The necessity to protect one's self is a natural consequence of being self aware of one's mortality and a basic requirement of ensuring one's survival. The necessity to own property is likewise a natural consequence of ensuring one's safety and survival needs are met. Once one is safe, higher...

You know what Errol? I reckon the observation that the major media outlets are only only relevant as a propaganda outlet is actually an observation that they have lost any relevance as a source of trusted information. So I pose this question: "Is the turning of the MSM to propaganda a market...

Here's something to REALLY worry about indicating the end might really be nigh... Seriously though, the only certainty is that if you think it's bad, it's going to be way worse! But really, being serious this time, it's so bad that you may as well do nothing because there's nothing you can do...

Strauss-Howe Generational Cycles Theory is a good place from which to consider periods of likely crisis. Saeculum Dates -------------+----------------- High 19461964 Awakening 19641984 Unraveling 19842008 Crisis 20082029? If you combine with other cycles you might...

Confirmation bias rather than critical thinking?

Has anyone been following the Time Cross Project? This is a psychic styled project of predicting the top news stories a month in advance, with some standardised and public controls. I have found it very interesting in its accuracy in describing the events yet to unfold. In terms of its...

With the discussion about capitalism being good and the socialists arguing for more rules with opinions on the best way to control their fellow human beings, I thought it might be important to reflect on the limitations of ignorance we have. And how that ignorance breeds the kind of arrogance in...

Is he correct or is he being an alarmist ready to sell something? Personally and after some painful lessons, I reckon these guys (Steve Keen, Max Keiser, Mike Maloney, Chris Martenson, the Daily Reckoning crew, et. al.) need to promote themselves to maintain the value of their own stock. While...

The Australian economy was screwed at the end of the 1990's when all industry and production was off-shored in the name of Globalisation, when communist China became a legitimate economy, international slave labour was allowed to become a competitive force and the race to the bottom commenced...

That's a good question. I will be keenly watching how any future RBA rate cuts impact mortgage interest rate. If negligibly, then locking in a fixed rate may provide some protection and advantage over the course of the investment.

Turnbull will get in. Stability will be felt in AU and the POS in AUD will fall. The weekend is upon us. Market are closing, people will take profits and sell over-bought assets. POS will fall. I reckon there is downward pressure building into the NY close.

^^ - Just don't hold your breath while you wait! Will its risen to over USD$19.30. I would expect a pull back before $20. Volume is rising and it looks to be over bought Nice cup& handle formation prior to the run up, too. http://stockcharts.com/h-sc/ui?s=%24silver

http://www.wsj.com/livecoverage/eureferendum?mod=e2tw I would say the Brexit train has now definitely left the station. Brussels is in trouble and a broader breakdown of the EU is raising its head. Edit to add: It is really encouraging that the UK is leading the world in freedom again. They...

Given that this was about re-establishing UK democracy over the EU oligarchy, it would be high ironic if the UK parliament ignored the referendum result. However, I would suggest that would be practically impossible to do, given how empowered all the high profile supporters for Leave will be.