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By Tyler Durden

The complete train wreck that is Venezuela continues to find ways to one-up itself. Fresh off of the announcement that every Friday in the months of April and May would be designated as non-working holiday’s in order to save electricity, the Socialist utopia is now simply cutting it off for four hours a day.

As Bloomberg reports, Venezuela will be implementing electricity rationing that will cut supplies to every home in the country (surely not President Maduro’s) for four hours a day. After all, it is every citizens patriotic duty to partake in these energy saving measures (it is also their responsibility to deal with the effects of putting Maduro in office).

“We ask for the cooperation of all Venezuelans. It’s time to be patriotic and united to combat and minimize these climatic effects.” Electricity Minister Luis Motta Dominguez said

The measures won’t solve anything of course, and as analyst Miguel Lara points out “with some parts of the country already without electricity for six to eight hours a day, this only makes official what they had already been doing.”

As we reported earlier, the electricity issues stem from the water content (or lack thereof) of Venezuela’s Guri Dam, which supplies as much as 75% of electricity consumed in Caracas, and 40% nationwide. Water levels are at their lowest since 2003, and are 3 meters away from starting the collapse of the national electric system.

Out of all the things currently going wrong in Venezuela (hyperinflation, being bankrupt, having no food, having no electricity, etc), perhaps the most pressing matter is how the country will respond to the looming beer shortage.

…read more

Source: "It’s Time To Be Patriotic" – Venezuela To Cut Off Electricity Four Hours A Day

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By Sprott Money

Craig Hemke: Silver & Gold – DB Turns State’s Evidence, The Flood Gates Are Now Open!

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

The tinfoil hatters have once again prevailed. What has been called theory turns to fact, once again. It seems the people, citizen journalist, market analyst and financial advisors, that actually do the necessary research and present an alternative view are being vindicated on an almost daily basis. All of the naysayers will now have to put down the kool-aid and take another look at what is being reported on the internet. While there are equal amounts of garbage to offset the truly great information, isn’t it the same with mainstream media? Is there any difference in what we see on TeeVee or hear on the radio – equal parts garbage balanced with great information?

With the revelation of Duetsche Bank (DB) admitting, in a court of law, their bank has been manipulating both silver and gold markets for several years. This is one of the biggest stories of our life time and the mainstream media is completely mute on this subject. It goes right to the heart of the opening paragraph. Why would the mainstream media be completely silent on this topic?

Craig Hemke, TFMetals Report, has been following, analyzing and reporting on these rigged markets for close to a decade. His tireless efforts and painstaking determination has shown time and again the blatant criminality in the precious metals markets. While he has learned their movements, and put this information to work for himself, and the Turdites, to turn a handsome profit, it does not take away from the criminality.

Oh, and as you will hear, this was recorded on Friday April 15, 2016 Craig said the “flood gate of lawsuits was now open” for class-action lawsuits and on Saturday April 16, 2016 it was confirmed with not one, but two different lawsuits. You think these law firms have been waiting for this to happen or were they able to get everything together in less than 24 hours?

Billion Dollar Lawsuits Filed Following Deutsche Bank’s Admission Of Gold, Silver Rigging

Overnight, two class action lawsuits seeking $1 billion in damages on behalf of Canadian gold and silver investors were launched in the Ontario Superior Court of Justice.

I spoke with Craig about the situation with DB and the implications for the markets and our world.

Please email with any questions about this article or precious metals HERE

Craig Hemke: Silver & Gold – DB Turns State’s Evidence, The Flood Gates Are Now Open!

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by …read more

Source: Silver & Gold – DB Turns State’s Evidence, The Flood Gates Are Now Open!

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Find The Lowest Price HERE

By Sprott Money

Craig Hemke: Silver & Gold – DB Turns State’s Evidence, The Flood Gates Are Now Open!

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

The tinfoil hatters have once again prevailed. What has been called theory turns to fact, once again. It seems the people, citizen journalist, market analyst and financial advisors, that actually do the necessary research and present an alternative view are being vindicated on an almost daily basis. All of the naysayers will now have to put down the kool-aid and take another look at what is being reported on the internet. While there are equal amounts of garbage to offset the truly great information, isn’t it the same with mainstream media? Is there any difference in what we see on TeeVee or hear on the radio – equal parts garbage balanced with great information?

With the revelation of Duetsche Bank (DB) admitting, in a court of law, their bank has been manipulating both silver and gold markets for several years. This is one of the biggest stories of our life time and the mainstream media is completely mute on this subject. It goes right to the heart of the opening paragraph. Why would the mainstream media be completely silent on this topic?

Craig Hemke, TFMetals Report, has been following, analyzing and reporting on these rigged markets for close to a decade. His tireless efforts and painstaking determination has shown time and again the blatant criminality in the precious metals markets. While he has learned their movements, and put this information to work for himself, and the Turdites, to turn a handsome profit, it does not take away from the criminality.

Oh, and as you will hear, this was recorded on Friday April 15, 2016 Craig said the “flood gate of lawsuits was now open” for class-action lawsuits and on Saturday April 16, 2016 it was confirmed with not one, but two different lawsuits. You think these law firms have been waiting for this to happen or were they able to get everything together in less than 24 hours?

Billion Dollar Lawsuits Filed Following Deutsche Bank’s Admission Of Gold, Silver Rigging

Overnight, two class action lawsuits seeking $1 billion in damages on behalf of Canadian gold and silver investors were launched in the Ontario Superior Court of Justice.

I spoke with Craig about the situation with DB and the implications for the markets and our world.

Please email with any questions about this article or precious metals HERE

Craig Hemke: Silver & Gold – DB Turns State’s Evidence, The Flood Gates Are Now Open!

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by …read more

Source: Silver & Gold – DB Turns State’s Evidence, The Flood Gates Are Now Open!

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By Tyler Durden

You know the British establishment is in full panic mode when not only do they allow President Obama to visit the nation just a month after throwing Cameron “distracted by other things” and his European neighbors under the bus over the collapse of Libya, but, despite 100 members of Parliament signing a letter telling Obama “not to interfere” with Britain's domestic affairs, The Telegraph prints an Op-Ed in which the lame-duck president lords it over the British citizenry with a veiled threat that should they “his friends” leave Europe, the “special relationship” could be in jeopardy as “now is a time for friends and allies to stick together.”

Just a month ago, Time.com noted that almost 70 years to the day since Winston Churchill immortalized the term in his historic ‘Sinews of Peace‘ address, the “special relationship” between the U.K. and U.S. is looking strained once again.

President Barack Obama threw the diplomatic equivalent of shade at British Prime Minister David Cameron in an interview in The Atlantic published this week. In his conversation with Jeffrey Goldberg, Obama laid the blame for the collapse of Libya in the aftermath of dictator Muammar Gaddafi’s downfall primarily at Europe’s door, saying he had expected his allies to do more to stabilize the situation. Cameron, he said, was “distracted by a range of other things.”

The White House hastily put out a statement pronouncing the U.S-U.K. relationship just as special as it had ever been, but the damage was done. The British chattering classes wailed and gnashed their teeth, as they are wont to do whenever the transatlantic bond is called into question.

So now, a month later, on his way back from The Middle-East, President Obama's apology tour stopped off in Britain today (accompanied by the Op-Ed below) despite more than 100 members of Parliament signing a letter telling Obama “not to interfere” with Britain’s domestic affairs…

The letter states: “With so much at stake, it is imperative that the question of exiting the European Union is not one answered by foreign politicians or outside interests, but rather by the British people who must ultimately live with change or the status quo.

The British politicians declare: “issues of national sovereignty must be decided exclusively by the people of the United Kingdom”.

They state: “even a passive diplomatic recommendation in the matter of our national decision will receive the opposite of the intended effect.”

“The referendum vote is an act of democracy in its most direct form, and the question of whether or not to leave the EU is a rare political topic that is not owned by any one political party. This is a chance for the British people to choose the path of their country. Interfering in our debate over national sovereignty would be an unfortunate milestone at the end of your term as President.”

Furthemore, almost 35,000 Brits have signed a petition to prevent Obama from speaking in Westminster on the Referendum:

And even Obama admitted:

“I realize that there’s been …read more

Source: Obama Writes Op-Ed To "Blood Brother" Britain: Don’t Leave EU (Or Else)

    

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