Articles related to Iceland
Mickey Fulp - Mercenary Geologist
Geological Catastrophes Waiting to Happen or TEOTWAWKI 
3rd Stone from the Sun (Jimi Hendrix and Chad Chandler, 1967): Hendrix: Star fleet to scout ship, please give your position. Over. Chandler: I am in orbit around the third planet of star known as Sun. Over. Hendrix: May this be Earth? Over. Chandler: Positive. It is known to have some form of intelligent species. Over. Hendrix: I think we should take a look. Throughout its 4.5 billion year history, the geology of the Earth has created an environment that allows life to thrive or causes it to die.
Saturday, December 5, 2020
Jason Hamlin - Gold Stock Bull
4 Blockchain Stocks to Consider and How They Perform vs. Holding Crypto
Holding large-cap cryptocurrencies like Bitcoin and Ethereum have been very profitable long-term, but how does this compare to holding blockchain stocks?  And what are some of the top blockchain stocks to consider? As this new technology and the industry springing up around it grows, opportunities arise in multiple areas.  For example, we’ve recently seen how a company’s stock can shoot to the moon the moment it announces it intends to have anything to do with blockchain.  While the dramatic ext
Saturday, January 20, 2018
Mish - Global Economic Analysis
Crypto Mining Stresses Electrical Grid in One Washington State County
Mining digital currencies requires so much electrical power that it has stressed the capacity of one Washington county CNBC reports Cryptocurrency Mining Puts Electrical Grid of Small Washington State County 'to the Test'. "Our infrastructure is actually being put to the test. We're full," Ron Cridlebaugh, the Port of Douglas County economic development manager, told CNBC's Michelle Caruso-Cabrera on Thursday. Cryptocurrencies such as bitcoin and ripple have skyrocketed in value recently. Las
Thursday, January 18, 2018
Michael Ballanger
The True Meaning of Bitcoin's 'Success'
In the year 301 AD, the Roman unit of barter was the denarius, which had originally been 95% pure silver when introduced by Augustus at the end of the first century BC but by the time of Diocletian's rule, it had moved to 50,000 denarii to a pound of gold. Ten year later, it took 120,000 denarii to buy a pound of gold and by 337, that figure was 20,000,000. What had occurred in a mere 400 years was that a slow and agonizing erosion in the purchasing power of the Roman currency accelerated to ful
Friday, December 1, 2017 -
  Meet The World’s Most Powerful Bitcoin Backers
Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism and its anonymity makes it almost impossible to track. Most importantly, it is poised to revolutionize global finance and banking. But our new Enemy No. 1 can’t be fought; it can perhaps be controlled. Banks have figured that out and are bringing crypto currency into the fold. The superpowers—U.S., China and Russia--will have to face the new r
Tuesday, November 28, 2017
Mac Slavo - ShtfPlan
Iceland’s Biggest Volcano Is ‘Ready To Erupt’ As Europe Faces A Disaster
Iceland’s biggest volcano has been rocked by the strongest earthquake since it last erupted in 2014.   With swarms of earthquakes occurring in the French Alps too, Europe is facing what could be one of the largest natural disasters in history. Last week, the 6,591-foot tall Bardarbunga, a “powerful and versatile” volcano, was rattled by the four largest earthquakes since it last erupted in 2014.  The earthquakes, measuring in magnitudes of 3.9, 3.2, 4.7, and 4.7 on the Richter scale, struck the
Wednesday, November 1, 2017
Mark O'Byrne -
Worst Crash In Our Lifetime Coming – Jim Rogers
Worst Crash In Our Lifetime Is Coming – Jim Rogers Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week’s episode of “The Bottom Line.” Rogers predicts a market crash “later this year or next …. write it down.” Rogers say the crash will rival anything he has seen in his lifetime. Jim Rogers holds a gold coin (Digital Journal) Here is a transcript of the Business Insider video: Blodget: One of the things I’ve always admired about you as an investor is that y
Monday, June 26, 2017
Mac Slavo - ShtfPlan
Italian Supervolcano Is Reaching “Critical Stage” According to Scientists – 360,000 People Could Be Affected
Italy has long been a notorious hot spot for seismic activity. That nation’s history is littered with destructive earthquakes and volcanic eruptions that have killed thousands of people. In fact, just last year a 6.2 earthquake managed to kill 120 people in central Italy. However, those previous incidents could pale in comparison to the destructive capacity of Campi Flegrei; a massive supervolcano that lies just outside of Naples. Researchers in Italy are currently trying to determine if recent
Tuesday, May 16, 2017
Mark O'Byrne -
London Property Bubble Vulnerable To Crash
– London property market vulnerable to crash – House prices in London are falling – London property up 84% in 10 years (see chart) – House prices have risen over 450% in 20 years – Brexit tensions as seen over weekend and outlook for U.K. economy to impact property – Global property bubble fragile – Risks to global economy – Gold bullion a great hedge for property investors by Jan Skoyles, Editor Mark O’Byrne For the bargain price of 36 AED (£5) I can buy Global Property Scene magazine, here in
Tuesday, May 2, 2017
Sprott Money
When the Tidal Wave Hits, Part II - Jeff Nielson
Part I of this series was a wake-up call. Many readers know that we are headed toward an economic cataclysm, the cumulative result of decades of political corruption and willful self-destruction. What few (yet) understand is that what lies ahead is historically unprecedented in economic terms. A collection of bankrupt governments are about to experience the most severe economic collapse in the history of these nations, simultaneously. The preceding installment provided some of the reasons
Tuesday, March 14, 2017
Captain Hook - Treasure Chest
Trump Comes Out Swinging
No 'rope-a-dope' for Donald Trump. He's come out of the corner swinging. So far he has signed six controversial bills in only the first few days, and you can be sure more are to come. The only problem with fighters like this is they burn out fast however, where all too often they effectively punch themselves out in the early going. In this regard, it could be argued that's what happened to him with his Atlantic City Casinos. One casino wasn't enough for The Donald. Then they all got in trouble b
Monday, February 13, 2017
Graham Summer - Gains Pains & Capital
Martin Armstrong: “EU in Disintegration Mode”
Martin Armstrong Frames the Issue Famous market forecaster Martin Armstrong wrote a recent article describing the current situation in Europe. Similar to our article, “Trouble Brewing in the EU”, the Armstrong's piece discusses growing discontent and fractures in the E.U. Martin Armstrong observes that, “The EU leadership is really trying to make Great Britain pay dearly for voting to exit the Community. Like the socialists in American, it’s our way or no way. The left may call the right the “
Sunday, February 12, 2017
Mish - Global Economic Analysis
Google’s Self-Driving Minivans Arrive This Month
It’s been such a hoot reading comments from people telling me that self-driving vehicles are decades away if ever. The nay-sayers have been proven laughably wrong given Google’s New Self-Driving Minivans Will Hit the Road by the End of January 2017. Waymo, the self-driving car startup spun-off from Google late last year, will be deploying its fleet of self-driving Chrysler Pacifica minivans onto public roads for the first time later this month, the company announced at the North American Inter
Monday, January 9, 2017
Mish - Global Economic Analysis
Yuan Intervention Poised to Fail: All Not Well in Middle Kingdom
China desperately wants the yuan to rise to stem capital flight. Curiously, this puts China on the same wavelength as Trump, at lease as far as currencies go. However, currency intervention does little in the short run, and nothing in the long run. Let’s take a look at some charts. Intervention Fails Daily Look Intervention Fails Monthly Look What’s Going On with the Chinese Renminbi? Via email, Albert Edwards’s Global Strategy Weekly addresses the question “What’s going on with the Chinese
Saturday, January 7, 2017
Mish - Global Economic Analysis
Show Me the Evidence!
The media, led by the Washington Post, but quickly followed by the Wall Street Journal, Financial Times, and others is hell bent getting everyone to believe Putin handed the election to Clinton. Where the hell is the evidence? Donald Trump says ‘Zero Evidence’ Moscow Influenced US Election. Donald Trump does not wish to jump to conclusions on Russian hacking because there is no firm evidence that Moscow influenced the US presidential election, the incoming White House press secretary said on M
Tuesday, January 3, 2017
Mish - Global Economic Analysis
Italy Aims €20 Billion “Bazooka” at €360 Billion Problem: Bail-ins Coming, Expect More
Bondholder bail-ins are on the way in Italy as private investors pulled the plug on a bank rescue. Rome plans a €20 billion bank bailout, but under eurozone rules junior bondholders have to take a hit. Please consider Italy braces for Monte dei Paschi Rescue. On Monday night, Italy’s finance minister Pier Carlo Padoan confirmed Italy is readying a €20bn rescue fund for MPS and other weak lenders as the chances of a successful €5bn private recapitalisation of the Siena-based bank recede. By the
Wednesday, December 21, 2016
Mish - Global Economic Analysis
Announcing “Mish Moments” – Travel Photography Website
I am launching a new website, this one centered around travel photography. My economic blog will not go away. My first photography series is called “Iceland in 16 Days“. My wife Liz and I went to Iceland two summers ago. The images are all from that trip, all taken in 16 days. Here is my first article: Iceland in 16 Days: Day 1, South Region, Seljalandsfoss Waterfall. Here is one of the images from the first day. In the Iceland series, we will take you around Iceland, and the amazing trip we ha
Monday, December 19, 2016
Mish - Global Economic Analysis
Pirate Party Given Chance to Form Government in Iceland: Best Wishes to Birgitta Jónsdóttir
Iceland has been without a ruling government since snap elections on October 29. None of the seven parties or alliances could could form a majority. The conservative Independence party had first shot and failed. The Left-Green Movement had second chance and failed. Now it’s the Pirate Party’s chance, led by Birgitta Jónsdóttir. The Guardian reports Iceland’s Pirate Party Invited to Form Government. Iceland’s president has invited the anti-establishment Pirate party to form a government, after
Sunday, December 4, 2016
Ron Paul
Iceland Today, the US Tomorrow
During the 2008 economic crisis, Iceland's government froze offshore accounts held by foreign investors in that country's currency, the krona. Recently, the government of Iceland announced it would unfreeze the accounts if the account holders paid a voluntary "departure tax," which could be as high as 58 percent. Investors who choose not to pay the departure tax would have their investment "segregated" into special funds that only invest in CDs issued by Iceland's central bank. These
Monday, October 17, 2016
Mark O'Byrne -
Why Krugman, Roubini, Rogoff And Buffett Hate Gold
Why Krugman, Roubini, Rogoff And Buffett Dislike GoldBy   Edited by  A couple of weeks ago an article appeared on Bitcoin Magazine entitled ‘Some economists really hate bitcoin’.I read it with a sigh of nostalgia. As someone who has been writing about gold for a few years, I am used to reading similar criticisms as those bitcoin receives from mainstream economists, about gold.As with bitcoin, gold is just a step too far for many economists. Criticism is often, as with bitcoin, targeted at the pe
Saturday, October 1, 2016