Yes it will work ….for a while..until the demand for open borders and open citizenship overwhelms them …Just try getting a citizenship to Switzerland ! Just because it works in a microcosm do-sent mean it works en mass ..it dont..!
The beggars will call them Racist ,Stingy,greedy homophobic and every insult epithet until they give them want they want …! Most societies like theirs have a minimum FINANCIAL net worth before you can even become a RESIDENT let alone a citizen with voting privileges. Cayman Islands is the same ! They even have a $250,000 minimum housing investment to become a Resident which you can never withdraw from them.. They are not STUPID ! Its your money they use to develop their country and in return you get to visit your money as a legal resident . There is NO FREE LUNCH in the details ..! Stupid Americans need not apply..
ipso facto @ 9:36 on May 25, 2016 Free Lunch !
Samb @ 18:53 on May 24, 2016 Bix Weir & Jim Willie
Ya know I never met a man I didnt learn something from…
These two others may categorize a kooks …buttttt Every thing they say has a kernel of truth to it or they wouldn’t have ANY audience and wouldn’t be able to sell you a subscription to something ! I listen to all to determine what that kernel is that may benefit ME ! That dosent mean I accept everything they say ,but I want to hear what they have to say so I can separate that small kernel of truth which is so hard to come by and benefit myself.I dont subscribe to the ALL or NONE approach in that I must take everything they say or reject everything they say.Every creature has a truth that it lives by just as even the smallest has a means of defence ..Some very lethal !despite their small size.. Listen & Learn…..
Raise what?
US Services PMI Tumbles, Misses By Most On Record “Dealing Blow To Q2 Rebound Hopes”
After a brief dead cat bounce, the US services economy has tumbled back to 3-month (near 7 year) lows, missing expectations by the most on record. With the slowest pace of hiring since Dec 2014 (signalling a mere 128k rise in payrolls for May), business optimism plunged to record lows (since the survey began in Oct 2009).
When hope fades…
Kinross Gold workers strike at Tasiast mine in Mauritania, shares plummet
Shares in Canadian miner Kinross Gold’s (TSX:G) (NYSE:KGC) were plummeting Tuesday as unionized employees at the company’s Tasiast mine in Mauritania began a strike.
At lunchtime, the stock was down almost 9% to Cdn$5.92 in Toronto and was trading 7.6% lower to $4.52 in New York.
Among other issues, Mauritanian miners complain that there is a major gap between their salaries and expats working for Kinross.
“There are 2,600 Mauritanian workers employed by the firm of whom 1,041 are permanent, costing the company $36 million, while there are 130 expatriate employees who cost $43 million,” workers’ spokesman Bounenna Ould Sidi told AFP.
The Toronto-based gold producer said it remained open to re-commencing negotiations on a new collective agreement and to resolve other outstanding items with union representatives.
In March, Kinross announced it was going ahead with the first stage of a two-phase expansion designed to boost gold production and drive down costs at the problem-plagued project.
cont. http://www.mining.com/kinross-gold-workers-strike-at-tasiast-mine-in-mauritania-shares-plummet/
Hecla going deep
Idaho silver mine shaft sunk to final depth of 9,587 feet
Switzerland Prepares To Vote On “Free Lunch” For Everyone
Will the Swiss Guarantee CHF 75,000 for Every Family?
In early June the Swiss will be called upon to make a historic decision. Switzerland is the first country worldwide to put the idea of an Unconditional Basic Income (of $2,500 per month for every man, woman, and child for doing absolutely nothing) to a vote and the outcome of this referendum will set a strong precedent and establish a landmark in the evolution of this debate.
The Swiss public will have to approve or reject a change in the constitution that would allow for the introduction of an Unconditional Basic Income (UBI), or a preset, monthly minimum income to be paid out by the government to every adult and child in the country if their income falls below a specific threshold. Even though details of this proposal have been few and far between, the most commonly cited amount of this guaranteed income would be 2,500 Swiss Francs for adults and 625 francs for children. The architects of the proposal stress that this government-guaranteed payment, unlike the current benefit programs, will be entirely “no questions asked”, i.e., it will not be means-tested and will apply to every person legally living in Switzerland.
cont. http://www.zerohedge.com/news/2016-05-24/switzerland-prepares-vote-free-lunch-everyone
Good morning Oasis
Atico Reports Consolidated Financial Results for the First Quarter of 2016
http://finance.yahoo.com/news/atico-reports-consolidated-financial-results-230555889.html
Russia to bypass foreign banks for future bonds issues – finance minister
http://finance.yahoo.com/news/russia-bypass-foreign-banks-future-090948268.html
Sulliden announces updated mineral resource estimate for the Troilus gold project
http://finance.yahoo.com/news/sulliden-announces-updated-mineral-estimate-110000172.html
GobiMin Announces First Quarter 2016 Results
http://finance.yahoo.com/news/gobimin-announces-first-quarter-2016-110000512.html
Balmoral Enters Into Agreement to Receive Minimum $3.6 Million Through Sale of Non-Core Asset
http://finance.yahoo.com/news/balmoral-enters-agreement-receive-minimum-113000224.html
Jaguar Files NI-43-101 Technical Report for Turmalina Mine, Brazil
http://finance.yahoo.com/news/jaguar-files-ni-43-101-120300699.html
Kincora consolidates the Mongolian Southern Gobi copper-gold belt
http://finance.yahoo.com/news/kincora-consolidates-mongolian-southern-gobi-123000071.html
Sabina Gold & Silver Reports Encouraging Metallurgical Optimization Results at Back River Gold Project, Canada
http://finance.yahoo.com/news/sabina-gold-silver-reports-encouraging-124238261.html
Kyrgyz court fines Centerra unit Kumtor $98 mln
http://finance.yahoo.com/news/kyrgyz-court-fines-centerra-unit-125903948.html
Altair to Acquire Epic Mining Corp.
http://finance.yahoo.com/news/altair-acquire-epic-mining-corp-130000028.html
Turnaround Wednesday?
Silver starting to catch a little short covering…
USD a little weaker.
Maybe we can stop the bleeding of the last couple of days?

Long Arm of the Pop. Controllers
Kenya Nun Jailed for Protecting Students From Suspect Vaccinations
News: World News
by Bradley Eli, M.Div., MA.Th. • ChurchMilitant.com • May 24, 2016 1 Comment
Local bishops show two previous vaccines were laced with sterilizing agents
NAKURU, Kenya (ChurchMilitant.com) – A Catholic nun in Kenya is being arrested for sheltering Catholic students from vaccinations that may cause sterilization.
Sister Cecilia Kamau, headmistress of St. Anthony Academy in Nakuru Kenya, was arrested Monday for refusing to allow 700 students to receive a measles-rubella vaccination shot. Public health officials arrested her following complaints from parents that their children at five Catholic-sponsored schools were not allowed to receive the shots. The nun is being arraigned in court today facing charges of endangering lives of children under her care.
Sister Cecilia’s suspicions regarding the potential health hazards involving vaccination shots is not without precedent. In March of last year, ChurchMilitant.com reported how Kenya bishops have been warning the people that these vaccines are causing sterilization in Kenya as they did in Mexico, Nicaragua and the Philippines.
A joint committee of medical experts, secular and Catholic, found the sterilizing antigen Beta HCG in 33 percent of the Tetanus vaccines used in that immunization campaign.
Samb @ 18:53 on May 24, 2016
Yes but like the Politicians they are Entertaining !
Ys know the Bread & Circuses stuff !
Lava flows
No worries, gang. I’m taking surfing lessons.

Once you get to the ocean, it’s all good…

OROREEF @14:40
How in sanity’s name can you not see that Bix Weir is a phoney. Why not call an ace or a spade as the shoe fits? Same thing could be said about Jim Willie and so many others. They are garbage.
maya,
lava flows always have the right of way.
farmboy
big thanks your tent-a-thon contribution received with the cabbage! 🙂 wj
Farmboy @ 8:20
OMG! You talked to my elementary school teacher!? She told me that exact thing… No wonder I always wanted to be an engineer! Now I feel like a wasted life.. I missed my calling! (…staring out the window…)
As for lava flows… Ain’t no extinguisher big enough! This is what the power company tried to do to save a power pole:

The Result:

Janet Babb, a spokeswoman from the Hawaiian Volcano Observatory, points to a power pole that was destroyed by lava flow from the Kilauea volcano, while lava upslope creeps towards the village of Pahoa on Hawaii’s Big Island December 8, 2014. REUTERS/Karin Stanton
test
test 3
Buygold
Here is another “Tell”.
Whenever we have a good day, the Scum will come in twds the end and knock it all back…..as of now there has been no late buying to counter the fall, only more selling.
Buygold
Good your watching futures. I like to see them but not too worried about it. They are only reactionary after the fact to short term mostly. Gold just slipped past current side ways pattern support at about 1232 for now. Don’t see anything wrong with shorting because it can speed up the process. With a choppy market they could wind up losing money though. Most aren’t looking at the long term.
re Big Drops Today, Watch The Banker Vultures Fly In For The Feast
They know all the inside information re money flow and markets. They can’t ever lose. And even when they accidently do lose, sub prime loan fiasco, they win it all back later on something else in the futures market.
Ya know
I smelled a rat after the First Quarter Gold explosion…..March 10 i raised some cash and entered a small short position …In in May I employed the cash back into Silver because it was defying gravity ,but still kept the ETF short position in Gold as Insurence against what appears to be happening…… Mid May should have been the Bottom ..maybe its extending a bit we shall see ! A little insurance until the cloudy weather clears up may be a good thing….SABE DIO !
Well 500K + short contracts later
they finally got the desired result. Criminals.

Bix Weir
sees a collaboration of Trump and Sanders ! to re form BOTH Political Parties out of existence…Ya know Jefferson abhorred the idea of political Parties ! What going to happen Financially is the question !
