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North America to Drown in Oil as Mexico Ends Monopoly

The doubling in Mexican oil output that Citigroup Inc. said may result from inviting international explorers to drill would be equivalent to adding another Nigeria to world supply, or about 2.5 million barrels a day.

U.S. Stocks Decline Amid Inflation Data Before Fed

Investor expectations are all over the place…

China’s Holding of U.S. Debt Tops $1.3 Trillion

China’s holding of U.S. debt surged past $1.3 trillion for the first time in October, worth nearly $1,000 per Chinese citizen. Japan remains the second-largest U.S. creditor, holding $1.17 trillion in U.S. debt.

Corn Plummeting Spurs Talk of ’80s Farmland Bust

Is this the end of the corn super-cycle that brought wealth and prosperity to much of rural America?

View the Investor Wire Archive >>

Japan Unveils Sweeping Defense Upgrade Amid Rivalry With China

However, Japan’s military spending is still far below that of China’s.

EU Offers ‘Unprecedented’ Aid to Israelis, Palestinians for Peace Deal

Israel: Nothing more than empty words…

U.S. B-52 Bombers Appear in Chinese Military Training Game

While the game’s level that allows members of the Chinese military to fight the Japanese on the Senkaku Islands was announced in July, the scene of B-52 bombers flying overhead appears to be a recent addition.

Edward Snowden offers to help Brazil over US spying in return for asylum

“If Snowden was in Brazil, it is possible that he could do more to help the world understand how the NSA and its allies are invading the privacy of people around the world, and how we can protect ourselves. He cannot do it in Russia.”

Judge: NSA Phone Program Likely Unconstitutional

U.S. District Court Judge Richard Leon: “I cannot imagine a more ‘indiscriminate’ and ‘arbitrary invasion’ than this systematic and high-tech collection and retention of personal data on virtually every single citizen for purposes of querying it and analyzing it without judicial approval…”

The 6,000-Page Report on CIA Torture Has Now Been Suppressed for 1 Year

Government transparency, Obama-style…

View the Liberty Wire Archive >>

Broadcast Every Saturday Morning – Hosted by Jerry Robinson

Topic: While gold is down 25% in 2013, our P.A.C.E. Portfolio, which includes gold and silver, is up 16%, testifying to the power of diversification.

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“A Daily Dose of Financial Wisdom from God’s Word”

“It is better that you should not vow than that you should vow and not pay.”
Ecclesiastes 5:5

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