Monthly Archives: January 2014

Aurum: filling the gap between polymer notes and gold

Aurum: a thin layer of pure gold between printed polymer plastic layers.

large_fan

This is an interesting idea. Actually trading in gold in a familiar pocketable, foldable format.

Pros:

It is actual gold,  not a purported/flimsy claim to a thing.

Can be melted back down to pure gold.

Denomination are small about 1 -2 dollars AUD.

Fills the gap between ounce bars making gold more divisible.

A familiar format for people; a note of value.

Customizable note images.

protected from central bank manipulation largely.

Cons:

Could be forged with a gold appearing foil.

Gold cannot be tested with out destroying the note.

One denominations 1/20 of a gram meaning you would need approx 622 to make an ounce.

Gold is normally measured in troy ounces making the maths weird: i.e 622 to the ounce, a quarter of an ounce is 155.5 Aurum notes.

For small gold units people can and have used links in gold necklaces, more easily testable.

Unknowns:

How much premium is there on this gold format over ounce bars? 300%, very steep margin!Aurum price

will there be other denominations such as 1/40th gram or 1/10 gram, will denominations be in fractions of ounces to match the standard troy ounce system.

Ideas/ suggestions:

A system of 1/500th of an ounce ( and 1/1000th) would have made more sense, like the metric system or not, gold has been in troy ounces for a long time. No problem adding the metric equivalent along side this number, but still the unit should be based on troy ounces (1 troy ounce being 31.1 grams).

More security features, holograms, weird difficult to copy patterns etc. A way to optically (non destructively) verify that is really is gold and not a polymer illusion.

Accept Bitcoins for these, it think the trade would be brisk as a lot of Bitcoin investors we those a little late for the gold bug and may now wish to diversify.

Has any one considered silver coins with a small individual, removable plastic container, similar idea to this.

more info:

http://www.peakprosperity.com/podcast/84359/new-way-hold-gold

Inside the EU parliament

 

English with Greek subtitles

Nigel Farage giving the EU parliament a bit of a reality check.

But why so many empty seats?

 

German and English with English subtitles

As usual most politicians are just parasites having a good bludge/rort at the expense of the taxpayer.

Blackphone: designed for private communications

It was only a matter of time before something like this arrived, and its coming soon. The free market delivers again.

Tony Abbott’s brass monkeys (boats edition)

tony abbots brass monkeys tagged

More head in the sand policies from childish politicians.

Who are they trying to fool?

Well, certainly not us. Who would be stupid enough to believe the lies?

impossible

Murderous Fullerton Police acquitted

20130303_215452Police everywhere justice nowhere.

Kelly Thomas, a schizophrenic and homeless man, was beaten and tasered so badly by a group of Fullerton Police officers,  he died in hospital 5 days later.

During the incident Kelly Thomas, pleaded for the beating to stop but the police being thugs, simply ignored him.

The police who murdered Kelly Thomas lost their jobs but were acquitted for murder by a jury. Now they are planning to sue to get their jobs back.

http://www.rawstory.com/rs/2014/01/15/fullerton-cop-acquitted-for-homeless-mans-fatal-beating-may-sue-to-get-his-job-back/

UK: Universal Korruption

It turns out that organized crime has free reign in the UK police, Judiciary, tax office….

The only surprise is that there is evidence, some one actually survived to leak the documents

http://www.independent.co.uk/news/uk/home-news/the-corruption-of-britain-uks-key-institutions-infiltrated-by-criminals-9052617.html

http://boingboing.net/2014/01/11/total-corruption-organised-cr.html

Police state in Australia

Found this little gem of a video which correctly makes the claim:

“It isn’t a case of a few bad apples.”

The corruption and abuse of powers is endemic to police here and in many  other countries.

This is not a mistake, the system is designed this way.

It also contains some Occupy Melbourne city square eviction.

Global Warming Protest

Global Warming

30C3: TO PROTECT AND INFECT – THE MILITARIZATION OF THE INTERNET

 

 

 

Another nice find from the Mikiverse

http://mikiversepolitics.blogspot.com.au/2014/01/30c3-to-protect-and-infect.html

%d bloggers like this: