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Why Australia’s Economy Is A House Of Cards

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zerohedge.com / by Matt Barrie via Medium.com / Nov 15, 2017

Co-authored with Craig Tindale.

I recently watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in “surprisingly good shape”. Indeed, Australia has just snatched the world record […]

Two-Thirds Of The Top Primary Silver Miners Suffered Production Declines In 2017

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srsroccoreport.com / Steve St. Angelo / NOVEMBER 13, 2017

It has been a rough year for many primary silver miners as two-thirds have suffered declines in production. Also, many high ranking silver producing countries are also experiencing a pronounced reduction in their domestic silver mine supply. According to […]

World’s Largest Gold Producer China Sees Production Fall 10%

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goldcore.com / By janskoyles / November 7, 2017

– Gold mining production in China fell by 9.8% in H1 2017 – Decreasing mine supply in world’s largest gold producer and across the globe – GFMS World Gold Survey predicts mine production to contract year-on-year – Peak gold […]

Australian Gold Exports Surge Boosted By German Demand

schiffgold.com / BY SCHIFFGOLD / NOVEMBER 6, 2017

Gold exports from Australia surged from August to September, according to data released by the Australian Bureau of Statistics (ABS).

Non-monetary gold exports rose 17% in the period, an increase of $217 million in seasonally adjusted terms.

Germans are buying a lot of gold from Australia through […]

Australia Looking to Impose Strict Regulations on Bitcoin

schiffgold.com / BY SCHIFFGOLD / OCTOBER 24, 2017

Australia is moving toward regulating cryptocurrencies like Bitcoin and Ethereum under new anti-money laundering legislation.

According to the Australian Broadcasting Corporation (ABC), Parliament will vote on the measure this week. If it passes, it will place Bitcoin and other cryptos under the auspices of Australia’s financial regulatory […]

Bitcoin Prices Climb Nearly 5% Thanks In Part to Australia Ending Double Taxing

wallstreetexaminer.com / by Garrett Baldwin via Money Morning / October 19, 2017

Bitcoin prices today climbed nearly 5% and reversed course from yesterday’s downturn in part because of a new legislation in Australia.

Australia’s new legislation will end a double tax on Bitcoin purchases starting in July 2018. Australians have been paying a “goods and […]

GOOGLE DRONES WILL BEGIN TEST DROPPING BURRITOS INTO YARDS IN AUSTRALIA

thedailysheeple.com / DAWN LUGER / OCTOBER 17, 2017

The future of burrito delivery has arrived in Australia. Google drones will soon be able to drop burritos into the yards of customers in the land down under.

The plan for Google affiliate Project Wing, which on Tuesday announced new tests of its drone delivery service […]

CHINA’S ALIEN HUNTING RADIO TELESCOPE HAS MADE ITS FIRST DISCOVERY

thedailysheeple.com / DAWN LUGER / OCTOBER 16, 2017

The five-hundred-meter Aperture Spherical Radio Telescope (FAST) in China was turned on in September of 2016. Since then, the Chinese have made a few discoveries and revealed them to the public.

FAST is the largest single-dish radio telescope in the world, spanning 500 meters (1,640 feet) […]

Australia: jail young children without charges; they wouldn’t do that; oh yes they would

jonrappoport.wordpress.com / by Jon Rappoport / October 16, 2017

Australia: jail young children without charges; they wouldn’t do that; oh yes they would

And it’s a perfect “bait and switch”

It’s still labeled a proposal, but it has widespread support among Australia’s political leaders.

The BBC: “…proposals that could see children as young as 10 […]

Australian Gold Mine Production on Track to Fall By Half Over Next 25 Years

schiffgold.com / BY SCHIFFGOLD / OCTOBER 16, 2017

Australian gold output will peak in just four years and then begin a steep decline, according to a report issued by a Melbourne-based industry adviser.

According to MinEx Consulting analysis reported by Bloomberg Business, Australian mine output will max out in 2021 and then fall by half […]

Scientists Claim to Have Proof that Time Travel Exists

mishtalk.com / Mike “Mish” Shedlock / October 8, 2017

Not much is happening economically speaking this Sunday evening so let’s ponder the ability to travel back in time such that the future can change the past.

Please consider Physicists send particles of light into the past, prove time travel is possible.

***

Scientists […]

Gold Sales at Australia’s Perth Mint Doubled Last Month

schiffgold.com / BY SCHIFFGOLD / OCTOBER 3, 2017

Gold sales at Australia’s Perth Mint doubled in September. Meanwhile, sales of silversurged 78%.

Sales of gold coins and minted bars jumped to 46,415 ounces in September, up from 23,130 ounces a month ago. Silver sales during the month came in at 697,849 ounces, compared with 392,091 […]

$500 Billion of ‘Liar Loans’ in Australia

mishtalk.com / Mike “Mish” Shedlock / September 11, 2017

Australian banks are sitting on A$500 Billion of ‘Liar Loans’ according to UBS.

In US dollars, that’s about $400 billion, quite a significant amount of money for a relatively small economy.

Here’s something else for policy makers to worry about as they attempt to engineer […]

Western Australia Slaps Tax Increase on Gold Miners; Move Could Impact Production

schiffgold.com / BY SCHIFFGOLD / SEPTEMBER 7, 2017

Officials in Western Australia have announced a plan to raise the gold royalty payments the state levies on gold miners by 1.25%, a move that could depress gold output in the world’s second-largest gold producing country.

Western Australia Premier Mark McGowan said the gold royalty increase […]

Australia Mortgage Market Is Now A $1.7 Trillion “House Of Cards”

zerohedge.com / by Tyler Durden / Sep 6, 2017

Over a decade ago, the U.S. residential housing market was revealed to be perhaps the biggest ponzi scheme ever created as easy financing enabled people to buy/build countless investment properties, that they were in no way adequately capitalized to own, with no money down all […]

Why Houston Doesn’t Need Federal Flood Relief — In Four Charts

mises.org / Ryan McMaken / Aug 31, 2017

In his article today, Christopher Westley noted that Texas’s economy — when measured by GDP — is larger than Canada’s. In other words: If Texas were an independent country, it would be the world’s 10th largest economy (totaling $1.6 trillion), and its citizens would be more than […]

The Killing Fields of Australia – Racism and Routine Ethnic Cleansing

21stcenturywire.com / Chris Graham & John Pilger / AUGUST 14, 2017

About 100 metres from my home on the edge of the Brisbane CBD is the corner of Boundary and Brereton Streets.

On November 7, 1993, Daniel Yock, an 18-year-old Aboriginal dancer died there. Or at least he was picked up there, by police.

Daniel […]

Money Laundering Scandal at Australia’s Largest Bank Triggers Another Call for Ban of Cash

mishtalk.com / Mike “Mish” Shedlock / August 14, 2017

Ian Narev, the CEO of Commonwealth Bank of Australia (CBA), the nation’s largest bank is set to step down amid money laundering charges.

Money laundering is big business in Australia because regulations do not cover lawyers, real estate agents, accountants, and CEOs ignoring warnings from […]

Cafe Brags That It Discriminates Against Men

zerohedge.com / Via The Daily Bell / Aug 7, 2017

As a business, if you want to promote equality, the first thing you need to do is make sure you treat your customers unequally based on their gender.

I love when people empower themselves by becoming business owners. Running a business is certainly […]

War on Cash Proposals in Australia: Microchip Expiring $100 Bills, Forcing People to Keep Receipts

mishtalk.com / Mike “Mish” Shedlock / August 2, 2017

Australia’s Black Economy Taskforce has come up with a list of 35 “consumer-focused” proposals to crack down on cash. The taskforce blames consumers for holding cash and for not getting receipts.

Michael Andrew, the head of the taskforce, proposes nanochips in $50 and $100 […]

‘Pretty much ever since Australia sold its gold, it’s been on the up’

gata.org / via The Times of India, Mumbai / July 28, 2017

BEIJING — China’s gold output fell by 9.85 percent from a year ago to 206.542 tonnes in the first half of 2017, state media said Friday, citing data from the China Gold Association.

The country’s consumption, however, was up by 9.89 per cent […]

‘Pretty much ever since Australia sold its gold, it’s been on the up’

gata.org / By Paul Garvey / Saturday, July 29, 2017

In a vault deep in the basement of the Reserve Bank’s Martin Place headquarters in Sydney sits a hoard of gold bars worth about $US500,000 each — all four of them.

The Reserve Bank of Australia now holds almost the entirety of the nation’s […]

“Bargain” $2 Million Homes in Australia: “Super Saturday” Auction Results Posted

mishtalk.com / Mike “Mish” Shedlock / July 16, 2017

Home supply in Australia is up with the number of bidders down. Supposedly this puts prices in the bargain range.

For example, you could buy any of the following beauties for $2 million or so, a ‘Bargain’ on Real Estate’s ‘Super Saturday’.

That auction took […]

They Want to Put Nano-Chips into Currency So they can track every note

armstrongeconomics.com / by Martin Armstrong / Jul 15, 2017

Believe it or not, Australia has a Black Economy Taskforce that hunts down citizens in every possible way. They look at where they send their kids to school and then inquire at the school who pays the bills and how. They are using technology to hack […]

Australia: The Madness Continues

zerohedge.com / by Judith Bergman via The Gatestone Institute / Jul 6, 2017

“While terrorism’s origins have many factors, Islamic terrorists, as heinous as their acts are, they are often merely doing what the scriptures are telling them.” — Tanveer Ahmed, Muslim psychiatrist. In Australia, according to judges, women and children must accept sexual […]