Timepieces

Published on Sep 14, 2016 TradCatKnight Radio, Bo Polny "Apoc. 6:5 Financial Apocalypse Cometh" Talk given 9-14-16 (aprx 30 mins) SUBSCRIBE to TradCatKnight for all the latest Endtime news and Radio shows! This is the most comprehensive and followed traditional Catholic apostolate worldwide. Visit tradcatknight.blogspot.com Disclaimer: Not all the views of my guests represent the TradCatKnight & Catholic position Mr. Polny is an experienced CYCLES ANALYST and specialists in the Gold, Silver and the World Stock Markets. He has successfully med the 2011 $1900 Gold & $49 Silver cycle tops, China’s April 2015 Stock Market top and United States DOW and S&P500 2016 Stock Market tops, all to the exact day. He currently forecast a powerful 2016/2017 Gold Silver price explosion and a terrible world Stock Market COLLAPSE that is expected to begin September 2016. You can find alot of his talks circulating quite rapidly on youtube. Website: gold2020fore...

Commenting on the draft energy strategy, Li Junfeng, head of the National Centre for Climate Change Strategy at the National Development and Reform Commission (NDRC), said that the AIIB should align itself with the global trend towards clean energy. “The World Bank basically doesn’t invest in coal power in China,” he pointed out. Li said that the AIIB should prioritise renewable energy investments over fossil fuels , particularly in countries currently using little coal and where there may be less resistance to the deployment of renewables. He argues that the AIIB should  only give "appropriate" consideration to coal investments using “clean” technology. But Yang thinks value for money needs to be considered, too. Despite falling costs, renewables are typically more expensive to deploy than fossil sources, and often only provide power for domestic and smaller industrial users – not all of Asia’s industry and development needs. Even in China, non-foss...

  There is also disagreement over whether to invest in nuclear power projects. At the World Economic Forum  Davos conference  in 2016, Jin Liqun stated that nuclear has the advantage of being a clean source of energy and one that can be made safer with lessons from the Fukushima disaster. The first draft of the energy strategy ruled out nuclear investments in principle, but left room for manoeuvre; it could be considered if there was international agreement on a need in a certain location. The second draft was less equivocal, leaving open only the possibility of funding safety improvements in existing nuclear power plants under special circumstances. Yu said the language of the first draft on nuclear power was unclear and that many NGOs had opposed it. Yang Fuqiang said the AIIB may want to avoid nuclear investments because it does not have sufficient resources to fund them, and that many Asian countries cannot afford it either.

Given concerns over the  environmental and health consequences of Asia’s appetite for new coal power, whether the AIIB will invest in coal has been a matter of international interest. So far, the bank has not approved investments in coal power. However, the second draft of the energy sector strategy says that efficient and clean oil and coal-fired power plants will be considered where they replace older equipment or in regions that are unable to use alternative forms of energy. Yang Fuqiang, a senior adviser with the National Resources Defense Council (NRDC), said this approach acknowledges the particular circumstances in Asia where developing new sources of energy can take time, and where there is little consensus in practice on how to go about phasing-out coal. Yang pointed out that coal use in Japan is still increasing; in Germany it has not fallen significantly; and in the US there are plans to revive the country’s coal industry. While the future of coal is arguably uncer...

Since October 2016, the bank has published two drafts of its energy strategy and held two month-long public consultations. It’s worth considering the type and scale of the problems the AIIB is trying to address. The bank’s  first draft  of the strategy stressed that two billion people in Asia still rely on solid fuels such as biomass and that 460 million lack access to electricity. For these reasons, the development bank’s commitment to “green” is tempered by the pressing need to improve energy access and security. This would also explain the rather ambiguous phrase “modern energy” that appears in both drafts to describe the type of energy that will be used to achieve the strategy’s goals. Civil society observers have  pointed out  that “modern energy” does not necessarily mean clean and renewable energy. The bank’s investments so far would seem to bear this out. Of the nine projects approved, four are in the energy sector. Despite repeated references to climat...

The U.S. stock market suffered its worst drop in 10 months Friday as shock over the United Kingdom voters' move to exit the European Union and Prime Minister David Cameron's subsequent resignation announcement sent global markets into a tailspin. Amid swirling uncertainty over the impact of the  "Brexit," the Dow Jones industrial average tumbled 611 points, or 3.4%, to close at 17,400. The Standard & Poor's 500 fell 3.6%. The losses dropped both stock measures back into negative territory for 2016. The Nasdaq composite, which already had been in the red for the year, fell 4.1%.  www.usatoday.com

The real biggie that came from two separate Pentagon sources is that the US government is about to announce new Treasury dollars for use in North America. The sources have done their own fact checking and they say there is a “90%” chance these are the real deal.  www.theeventchronicle.com

Two-thirds of Americans are currently in the care of a physician that is being paid by a drug company, and they may not even realize it.  A study conducted by  Genevieve Pham-Kanter, Ph.D., surveyed more than 3,500 adults and linked their doctors to data from Open Payments, a government website that reports pharmaceutical and device industry payments to physicians. The results of the study revealed that about 65% of the people surveyed had visited a doctor within the past year that had received payments or gifts from pharmaceutical or medical device companies. Even more shocking is that only 5% knew that their doctors had been given these incentives. Patients who were visiting an orthopedic surgeon or OBGYN doctor were shown to have the highest percentage of being under the care of a physician receiving some kind of incentive. Pham-Kanter said, “Patients should be aware of the incentives that their physicians face that may lead them to not always act in their patients’ be...

Published on Feb 24, 2017 ; Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn...

Bitcoin is often referred to as a new kind of currency . Yet like all currencies its value is determined by how much people are willing to exchange it for. To process Bitcoin transactions, a procedure called "mining" must take place, which involves a computer solving a difficult mathematical problem with a 64-digit solution. For each problem solved, one block of Bitcoins is processed. In addition the miner is rewarded with new Bitcoins. To compensate for the growing power of computer chips, the difficulty of the puzzles is adjusted to ensure a steady stream of new Bitcoins are produced each day. There are currently about 15 million Bitcoins in existence. To receive a Bitcoin, a user must have a Bitcoin address - a string of 27-34 letters and numbers - which acts as a kind of virtual post-box to and from which the Bitcoins are sent. Since there is no register of these addresses, people can use them to protect their anonymity when making a transaction. These ad...

It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is being attributed to surging demand in China, where authorities warn it is used to channel money out of the country. The past months' surge is a major reversal for Bitcoin, which plummeted in value in 2014 after the largest exchange collapsed. The  value of Bitcoin  has been volatile since it was first launched in 2009, and many experts have questioned whether the crypto-currency will last. Earlier this year, Chinese authorities  cracked down on Bitcoin trading  in an attempt to stop money flowing out of the country illegally. But the closer scrutiny from Beijing only briefly sent the currency lower. After it had soared to  record highs in January , it has since picked its steady rise in value. Bitcoin is attractive to some users because of its anonymity, as well as its lack of government control. The website Silk Road was closed in 2013 following raid...

Published on Feb 24, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit  http://x22report.com Report date: 02.24.2017

Published on Feb 23, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn...

Published on Feb 23, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit  http://x22report.com Report date: 02.23.2017

When asked on the trajectory of oil prices, the delegation skirted the question, with Al Sheikh instead joking to the packed ballroom that he would probably be making money rather than talking about it if he could predict them.  Two days before , the Saudi energy minister told a conference in Istanbul the oil price could recover to $60 a barrel by year’s end. Crude prices between $50 to $60 a barrel would ensure  adequate  global supply, officials from Saudi Arabia and Kuwait said at a conference in London on Tuesday. Saudi officials pledged to boost non-oil revenues, cut spending to achieve fiscal balance by 2020 and retain current credit ratings, said Pavel Mamai, the co-founder of hedge fund Promeritum Investment in London. He also attended the London presentation and plans to bid for the bonds. "The message was that this is a young government that believes the country structurally wasn’t going in the right direction and decided to change that," he said. "The...

The world’s largest oil exporter wants to raise at least $10 billion this week from bonds due in five, 10 and 30 years, people familiar with the plans have said. That they are having to tap the market at all is testament to how far their finances have deteriorated. The budget deficit has swollen to the widest in more than two decades and the government has eaten into foreign currency reserves and been forced to raise about $63 billion from local bond sales. The state is cutting spending and salaries as part of Saudi Deputy Crown Prince Mohammed bin Salman’s unprecedented overhaul, which also includes a planned initial public offering of oil giant Saudi Aramco. Officials including Minister of State Mohammed Al Sheikh promised investors to prioritize an economic transformation plan regardless of where the oil price goes, according to two attendees of the London leg of the roadshow. More than 60 bankers and investors gathered to hear the sales pitch in a ballroom at t...

Published on Feb 16, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit  http://x22report.com Report date: 02.16.2017

Published on Feb 6, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit  http://x22report.com Report date: 02.06.2017

Published on Feb 2, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit  http://x22report.com Report date: 02.02.2017

Published on Feb 6, 2017 Check Out The X22 Report Spotlight YouTube Channel –  https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit  http://x22report.com Report date: 02.06.2017