2012 Mayan Apocalypse A No-Go

Archaeologist William Saturno recently discovered a new Mayan calendar that debunks the myth that the world will end in December 2012.

According to LiveScience, the discovery was made in 2010 by one of Saturno’s undergraduate students during a field study of Xultun, an ancient Mayan city in Gautemala. The student noticed black and red paint in a trench that was most likely dug by looters. Saturno decided to investigate the room that the looters had failed to penetrate.

Saturno was pleasantly surprised to find a well-preserved painting of a Mayan king and his subjects. On the east wall of the room was a set of hieroglyphs that would later be analyzed as a new Mayan calendar. It’s been suggested than an ancient Mayan scribe must have used this room to work and wrote the calender on the wall as a reference. [Read more...]

Gold Drops To Four-And-A-Half-Month Low On Euro-Zone Worries

Gold prices fell to a four-and-a-half-month low on Monday, hit by concerns about a worsening debt crisis in the euro zone following political deadlock in Greece which fuelled risk aversion and put pressure on the euro.

Spot gold hit a session low at $1559,81 an ounce, its lowest since late December 2011, before recovering slightly to trade at $1561,81 an ounce at 10am GMT, down 1,1% from $1578,30 late in New York on Friday.

Gold has moved in tandem with riskier assets this year as the turmoil in Europe sent the euro to multi-month lows and investors turned to the safety of the dollar, analysts said. [Read more...]

Stephen Dattels On Asteroid Mining

Stephen Dattels Weighs In On The Possibility Of Asteroid Mining

Some big name billionaires have announced that they are starting a company to mine asteroids, but is that business idea feasible? Is there an opportunity waiting to be taken in outer space? Stephen Dattels, with over 25 years of experience in the mining exploration and resources financing industry, weighs in on the subject.

Any minerals mined in space would not be economically feasible for use in our planet’s factories due to the immense cost of transporting them back to the earth’s surface. Stephen Dattels still finds an abundance of terrestrial opportunities for mining and financing, which is why he founded Polo Resources Limited: to find and invest in the numerous undervalued resource companies and projects waiting for intelligent investment.

Stephen Dattels On The Opportunities Available On Earth

Stephen Dattels has a proven record as a chief executive in mineral exploration. For example, as the CEO of West African Minerals Limited, Stephen Dattels is overseeing the exploration of over 6,000 square kilometers of mineral rich ground. Why should investment dollars be chasing opportunities in space when they exist on Earth?

While celebrity billionaires look to the stars for mineral exploration and financing, Stephen Dattels continues to make sound investments on Earth that increase value for his shareholders.

Euro Hits 4-mth Low On Greece Jitters

The euro hit its lowest level in nearly four months on Monday after Greek political leaders failed in their latest efforts to form a ruling coalition, keeping investors on edge over the risk of the country exiting the eurozone.

Coalition talks in Greece hit an impasse on Sunday and Greece’s radical leftist leader spurned an invitation from the president for a final round of talks on Monday, all but ensuring a new election.

Adding to the negative tone, German Chancellor Angela Merkel’s conservatives suffered a crushing defeat on Sunday in an election in Germany’s most populous state, a result which could embolden the left opposition to step up attacks on her European austerity policies. [Read more...]

Pentagon Instructor Urged Total War With Islam

A red-faced Pentagon has conceded that an instructor at its Joint Forces College in Virginia for military officers was until recently teaching a course advocating “total war” with Islam that could require obliterating the holy cities of Mecca and Medina without concern for civilian deaths.

The material in the course, which officers could elect to take but was not obligatory, flew in the face of repeated assertions by the Obama administration that the war on terrorism is just that and should under no circumstances be read as an assault on a religion observed by 1.4 billion people around the world.

Details of the course were obtained by a blog on Wired.com, drawn from a presentation given by the teacher, Lt. Col. Matthew Dooley, in July last year.  He suggested that destroying Islamic holy sites would follow the precedents of the nuclear strike by the allies on Hiroshima in World War II and the firebombing of Dresden. His course was called ‘Perspectives on Islam and Islamic Radicalism’. [Read more...]

Oil Wars On The Horizon

Conflict and intrigue over valuable energy supplies have been features of the international landscape for a long time.  Major wars over oil have been fought every decade or so since World War I, and smaller engagements have erupted every few years; a flare-up or two in 2012, then, would be part of the normal scheme of things.  Instead, what we are now seeing is a whole cluster of oil-related clashes stretching across the globe, involving a dozen or so countries, with more popping up all the time.  Consider these flash-points as signals that we are entering an era of intensified conflict over energy.

From the Atlantic to the Pacific, Argentina to the Philippines, here are the six areas of conflict — all tied to energy supplies — that have made news in just the first few months of 2012: [Read more...]

U.S. Embassy Calls Syria Bombings “Unacceptable”

The U.S. embassy in Beirut called a double bombing that killed 55 people in Syria on Thursday “reprehensible and unacceptable” but said it would not change U.S. demands that the Syrian government implement a UN-backed peace plan.

The bombings were the deadliest attacks in the Syrian capital, Damascus, since an uprising against President Bashar al-Assad began 14 months ago.

“The United States condemns in the strongest terms the attacks that took place today in Damascus,” the U.S. embassy said in statements posted on Twitter. [Read more...]