Posted at 10:12 AM (CST) by & filed under Jim's Mailbox.

Courtesy of JB.

Jim

 

 

 

 

 

 

 

 

This Bozostein should go to prison for a long time for abuse of power!

GG

Huge: Rosenstein Moved Cohen Case To New York – Then Ordered Trump-Appointed Us Attorney Geoffrey Berman To Recuse Himself
August 26, 2018

Earlier this year Dirty Cop Rod Rosenstein made the decision to turn over the Michael Cohen case to attorneys in the Southern District of New York. Rosenstein did this to ensure that the witch hunt against President Trump continued if President Trump shut down the junk Mueller investigation.

Rosenstein signed the 4th FISA court request to spy on President Trump despite knowing the request was based on a the Fusion-GPS dossier, a Democrat-funded oppo research project that was NEVER fact-checked.

Trump appointed attorney Geoffrey Berman recused himself from the investigation into Michael Cohen.

Rod Rosenstein approved the early morning raid of Michael Cohen’s residence. Geoffrey Berman was not involved in the decision to raid Cohen’s residence.

Rosenstein approved Mueller’s referral to Geoffrey Berman on Monday, April 9th. Rosenstein ordered raids on Cohen’s residence the following day. It is not clear why or when Berman recused himself from the investigation.

Wired sources claims that Rosenstein ordered Berman to recuse himself.

Wired Sources got this information from a New York Post article by Michael Goodwin.

The US attorney Trump appointed for that outpost, Geoffrey Berman, reportedly was ordered to recuse himself by Deputy Attorney General Rod Rosenstein, leaving the office staffed mostly by holdovers from Preet Bharara’s tenure.

More…

 

  1. Johnson’s latest. Courtesy of JB.

Bill

The Global Seas Of Currency Are Starting To Storm Up – J. Johnson’s Latest 8/27/18
August 27, 2018

Good Monday Morning Folks, 

We start our new week off with Gold trading at $1,211.90, losing $1.40 off of Fridays close with a price range between $1,214.70 and $1,209.30. Silver is barely down as well with its current price at $14.875, losing 2.6 cents with a high at $14.95 and a low at $14.82 so far this trading day way before 6am pst. All this is happening with London supposedly on holiday (cough). The US Dollar is equally uneventful with its value at 95.02, down 4.8 points with its high at 95.23 and the low at 94.90 as the 9500 Maginot line is once again crossed. 

The last days of the August delivery cycle for Silver is upon us with the OI numbers still at 23 which means the posted 20 volume of Friday was an immediate request for physical to the tune of 100,000 ounces as we see no volume posted so far today. I wonder if FIFO (first in first out) is the process for the deliveries, they should be, but? Silver’s overall OI still remains quite elevated with the count at 242,296 contracts losing only 276 obligations during Friday’s most excellent 29 cent+ move higher. Tomorrow is the last trading day for Sept Silver Options and Wednesday is the last trading day for August deliveries which also brings us to the First Notice Day for the September contracts coming this Friday. With the Open Interest at this level and the current price being what it is, the next few weeks actions should be quite telling. 

More…

 

This Lanny Davis is such a loser and bser!

GG

In Stunning Reversal, Michael Cohen’s Attorney Backpedals On Trump-Russia Claims
August 27, 2018

Lanny Davis – the attorney for Michael Cohen, has massively backpedaled on “confident assertions” that Cohen would share information with investigators that President Trump knew of Russian efforts to undermine Democratic nominee Hillary Clinton – a lifelong friend of Davis’.

The Washington Post reported on Sunday that Davis said in an interview that he is “no longer certain about claims he made to reporters on background and on the record in recent weeks about what Cohen knows about Trump’s awareness of the Russian efforts.”

    Davis told The Washington Post that he cannot confirm media reports that Cohen is prepared to tell special counsel Robert S. Mueller III that Trump had advance knowledge of the 2016 Trump Tower meeting -WaPo

CNN reported in July that Cohen claimed to have witnessed Trump approving the meeting between Trump Jr. and Russian attorney Natalia Veselnitskaya, arranged by an associate of opposition research firm Fusion GPS.

The day after CNN’s report, the Washington Post – using an “anonymous source” they now admit was Davis, peddled the same story that “Cohen had told associates that he witnessed an exchange in which Trump Jr. told his father about an upcoming gathering in which he expected to get information about Clinton,” however the Post didn’t say Trump Jr. told Sr. it was the Russians.

“I should have been more clear — including with you — that I could not independently confirm what happened,” Davis said, adding perhaps the most difficult four words for an attorney to utter: “I regret my error.”

More…

 

PRISOOONNNNNNN!

GG

Comey Lied Under Oath to Congress about Needing Warrant to Search Weiner’s Emails – FBI Started Their Search a Month Prior
August 26, 2018

Amidst all kinds of confusion and cover-ups, it now looks like fired former FBI Director James Comey lied to Congress more than once about the FBI’s investigation into Weiner’s emails.

This past week it was reported that the FBI failed to investigate a large portion of emails on the Weiner laptop before the election in spite of fired FBI Director James Comey claiming that they had and no issues were identified:

    “When then-FBI Director James Comey announced he was closing the Hillary Clinton email investigation for a second time just days before the 2016 election, he certified to Congress that his agency had “reviewed all of the communications” discovered on a personal laptop used by Clinton’s closest aide, Huma Abedin, and her husband, Anthony Weiner.

    At the time, many wondered how investigators managed over the course of one week to read the “hundreds of thousands” of emails residing on the machine, which had been a focus of a sex-crimes investigation of Weiner, a former Congressman.

    Comey later told Congress that “thanks to the wizardry of our technology,” the FBI was able to eliminate the vast majority of messages as “duplicates” of emails they’d previously seen. Tireless agents, he claimed, then worked “night after night after night” to scrutinize the remaining material.

    But virtually none of his account was true, a growing body of evidence reveals.

More…

 

The more currency devaluations we get in the periphery countries, the more physical gold and silver will be bought as a hedge against loss of purchasing power. See Bolivar chart.

GG

Greyerz – The Price Of Gold Is About To Skyrocket As We Enter The “Dark Years”
August 26, 2018

As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that the price of gold is about to skyrocket as we enter the “Dark Years.”

A World Living On Borrowed Time

August 26 (King World News) – Egon von Greyerz:  “This is it! The autumn of 2018 will be momentous in the world economy, markets and politics. We are now seeing the ‘Last Hurrah’ for stocks, bonds, the dollar and most asset markets.

The world economy has been living on borrowed time since the 2006-9 crisis. The financial system should have collapsed at that time. But the massive life support that central banks orchestrated managed to keep the dying patient alive for another decade. Lowering interest rates to zero or negative and printing enough money to double global debt seems to have solved the problem. But rather than saving the world from an economic collapse, the growth of debt and asset bubbles have created a system with exponentially higher risk…

More…

 

Courtesy of Dave.

Jim

When Paper Money Goes To Zero Value: Venezuelan Hyperinflation Explained (PHOTO)
August 26, 2018

Inflation in Venezuela this year could top one million percent, the International Monetary Fund (IMF) predicts. This gallery puts the buying power of today’s bolivar into perspective.

A kilogram of meat costs 9,500,000 bolivars, or the equivalent of $1.45.

A 2.4 kg chicken is worth 14,600,000 bolivars, or $2.22.

A 1kg packet of rice costs 2,500,000 bolivars ($0.38)

More…

Posted at 9:12 PM (CST) by & filed under USAWatchdog.com.

August 26, 2018

By Greg Hunter’s USAWatchdog.com (Early Sunday release)

Renowned gold and financial expert Jim Sinclair and financial writer Bill Holter are sounding the alarm now on global financial markets starting to burn down and implode. Sinclair and Holter are business partners at the popular financial website JSMineset.com. Sinclair explains, “‘When’ is the question we are asked constantly by our viewers and readers. . . . ‘When’ is a period of time all of this comes to fruition, meaning the date. . . .‘When’ is now. . . . This is the beginning of something few expect. This has very little to no precedent in history. . . . The system has been unwinding for a significant amount of time, but now is a point in time it is being recognized, especially by those enormous centers of wealth that have robbed so much from so many who are long fiat currency and must convert into something that is real. . . . If you are bankrupt, the way to fix it is to face it–and we are. We have not faced it, but rather made it worse. . . . The price of gold has to equal the liabilities. . . . If we don’t have gold, then it is whatever the price China and Russia wish it to be. If we do have gold, the mathematics work out to be slightly under $20,000 an ounce. I don’t believe we have the gold.”
. . .

More…

Posted at 9:05 PM (CST) by & filed under Jim's Mailbox.

Courtesy of Dave.

Jim

Is China Secretly Building Up Its Huge Gold Stockpile?
August 25, 2018

Official data from the People’s Bank of China (PBOC) shows the country’s gold reserves have not increased since 2016, when Donald Trump was elected US president. They stayed unchanged at 59.24 million ounces (1,843 tons).

As of the end of June, the PBOC valued its precious metal reserves at $74.1 billion.

Analysts, however, have raised doubts that Beijing has really stopped accumulating gold. They claim a potential trade war with the US and this year’s slump in gold prices are reasons for China to buy.

“The strategic imperative is probably still there to add some gold to reserves quietly bit by bit,” Philip Klapwijk, managing director of Precious Metals Insights, told Bloomberg. The expert, who has tracked precious metals for nearly 30 years, said, “The reason to own gold as a portfolio diversification is even better given the rather strained relations with the US.”

More…

 

Courtesy of Dave.

Jim

Putin Decimates Netanyahu’s Dreams As Russia Confirms Total Support For Iran In Syria
August 25, 2018

Deputy Foreign Minister Sergei Ryabkov made waves today, dispelling numerous rumors and laying to waste much ‘speculation’ about Russia’s role in Syria, with regard to Iran and Israel.

After difficult talks today in a meeting between senior Russian and US delegations to discuss Syria, in Geneva, Switzerland, Ryabkov’s statements today mirror those of Russian Foreign Minister Sergei Lavrov, and Russian Foreign Ministry Spokeswoman Maria Zakharova. Their previous statements reflect Russia’s actual, official policy on Iran and Syria. Today’s statements bring clarity to any number of vague remarks made in months past.

Israeli officials have yet to comment, but there will no doubt be huge reverberations for today’s statement, which clarifies any number of misconceptions spread, even in pro-Russian alternative media and analytic spheres. However, the spread of those important ‘misconceptions’ was critical in the information war, and only high-level analysts with connections to Moscow, understood the the nature of the information war discourse they were involved in. In that sense, these journalists and analysts were themselves involved in an important aspect of Russian strategy, within the context of 4th Generation Warfare, in terms of their work in creating a hyper-reality simulacrum.

More…

 

The supporting link to October 11th Hillary Clinton and the motion to compel.

JB

Court Sets Hearing on Motion to Compel Email Testimony from Hillary Clinton
June 13, 2018

Hearing in Judicial Watch Lawsuit Set for October 11

(Washington, DC) – Judicial Watch announced a federal court ordered a hearing for Thursday, October 11, 2018, on a motion to compel testimony about the email practices of former Secretary of State Hillary Clinton. The order was issued by U.S. District Court Judge Emmet G. Sullivan.

The development comes in a Judicial Watch Freedom of Information Act (FOIA) lawsuit about the controversial employment status of Huma Abedin, former Deputy Chief of Staff to Clinton. The lawsuit, which seeks records regarding the authorization for Abedin to engage in outside employment while employed by the Department of State, was reopened because of revelations about the clintonemail.com system (Judicial Watch v. U.S. Department of State (No. 1:13-cv-01363)).

In 2016, Hillary Clinton was required to submit, under oath, written answers to Judicial Watch’s questions. Clinton objected to and refused to answer questions about the creation of her email system; her decision to use the system despite warnings from State Department cybersecurity officials; and the basis for her claim that the State Department had “90-95%” of her emails. Judge Sullivan is considering Judicial Watch’s motion to compel answers to these questions.

In her responses sent to Judicial Watch and the court on October 13, 2016, Clinton refused to answer three questions and responded that she “does not recall” 20 times concerning her non-government clintonemail.com email system. She preceded her responses by eight “general objections” and two “objections to definitions.” The words “object” or “objection” appear 84 times throughout the 23-page document submitted to the court and Judicial Watch.

More…

Posted at 8:51 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

How does record global debt get serviced with dwindling cash flow generated by contracting trade?

Latest Freight Data Confirms Alarming Slowdown In Global Trade
August 25, 2018

While the US stock market and economy continue to remain stubbornly immune to the ongoing trade war, the same can not be said for global trade as observed and measured by world freight shipping and volumes. According to the latest Goldman freight data, there has been a gradual slowing in global trade since 4Q17, and the July readings suggest an alarming continuation, and in some cases acceleration, of this trend.

The deceleration has closely tracked a tightening in global financial conditions, particularly evident in EM data, which in turn has largely been a manifestation of the ongoing escalation in trade tensions between the US and China.

Indeed, the implementation of the first round of US-China tariffs in early July may also have had an impact: US West Coast inbound port volumes were -1% in July (5% in 1H), while Chinese ports’ throughput growth slowed to 2% (6% in 1H), worse than implied by the close historical correlation with Chinese export orders. At the same time, air cargo growth at Europe’s key hubs turned negative (-2%) in July, with weakness cited on Asia-Europe. Looking forward, global manufacturing export orders in June/July were consistent with slightly positive, albeit slowing growth.

Breaking down freight by segment, here are some observations from a recent Goldman report:

Sea & air freight (volume growth positive, momentum negative): Freight datapoints have indicated a deceleration in growth since 4Q17. July data appears to have stabilised in Sea, with volumes growing c.3% in line with June, while Air freight growth has decelerated further; e.g. EU airport cargo -2% yoy from 1% in 1H, 7% in 2017.

More…

Posted at 10:27 AM (CST) by & filed under Jim's Mailbox.

Please remember the October 11th date is in request of Judicial Watch’s FOIA requests.

JB

Bombshell: FEC Records Indicate Hillary Campaign Illegally Laundered $84 Million
April 24, 2018

The press continues to feed the dying Russia collusion conspiracy theory, spending Friday’s news cycle regurgitating Democrat talking points from the just-filed Racketeer Influenced and Corrupt Organizations Act lawsuit against the Trump campaign, WikiLeaks, and Russia.

Yet the mainstream media took no notice of last week’s federal court filing that exposes an $84 million money-laundering conspiracy the Democratic National Committee and the Hillary Clinton campaign executed during the 2016 presidential election in violation of federal campaign-finance law.

That lawsuit, filed last week in a DC district court, summarizes the DNC-Clinton conspiracy and provides detailed evidence from Federal Election Commission (FEC) filings confirming the complaint’s allegations that Democrats undertook an extensive scheme to violate federal campaign limits.

From Bundling To Money Laundering

Dan Backer, a campaign-finance lawyer and attorney-of-record in the lawsuit, explained the underlying law in an article for Investor’s Business Daily: Under federal law, “an individual donor can contribute $2,700 to any candidate, $10,000 to any state party committee, and (during the 2016 cycle) $33,400 to a national party’s main account. These groups can all get together and take a single check from a donor for the sum of those contribution limits—it’s legal because the donor cannot exceed the base limit for any one recipient. And state parties can make unlimited transfer to their national party.”

More…

 

Courtesy of Dave.

Jim

The American Scream
August 23, 2018

By Finian Cunningham

“Information Clearing House” – Just like when the medieval executioners tortured their prisoners to scream out for “mercy”, so today two former aides of US President Donald Trump are put being on the rack to extract a begging response. If they finger the president, then maybe mercy will be shown to the prisoners.

Trump’s former lawyer and his campaign manager are facing lengthy prison sentences for financial fraud and political campaign irregularities. Michael Cohen could get five years in jail, while Paul Manafort faces a soul-crushing 80 years behind bars. A de facto death sentence, given his age.

The set-up here is so obvious and pathetic. Both men are being dangled by the feet ahead of their sentencing, with the blatant purpose of forcing them to incriminate Trump, and in that way, Trump’s political enemies finally get their long-held objective of impeaching the president.

This is how the “American Dream” really operates. It’s dirty, grim, and brutal, and has very little to do with democracy or rule of law. Forget the emblems of supposed American civility, the white-picket fences, apple pie in bourgeois comfort, old glory fluttering down at the courthouse, and all those other imaginary democratic virtues.

More…

 

Of course she does. Top of the Top Clearance, I would imagine. At least up to last week. Courtesy of JB.

Jim

Does Hillary Clinton Have A Security Clearance? Those Who Know Won’t Say
August 23, 2018

President Trump revoked the security clearance of former CIA Director John Brennan last week after ordering a review of 10 people — one current and nine former officials — who he considers political adversaries.

One name not on the publicly announced list: former Secretary of State Hillary Clinton, the 2016 Democratic candidate whose campaign was plagued by an FBI investigation into her mishandling of classified information.

Many former officials retain security clearances, but the status of Clinton’s clearance is not publicly known, despite being subject to intense debate, including bicameral legislation seeking to revoke her access.

The State Department told the Washington Examiner that it could not release information about Clinton’s clearance, citing her privacy, and Clinton’s attorneys would not comment.

“Due to privacy considerations, the department does not release information on former employees,” said Anne Carey, a spokesman for the State Department’s Bureau of Diplomatic Security.

Judicial Watch President Tom Fitton scoffed at the response, saying “there is no privacy interest.”

More…

Posted at 10:13 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Do you understand what this means? If not, you need to immediately!

Italy Threatens To Stop EU Funding Unless Other States Accept Refugees
August 23, 2018

Europe’s refugee mess is back with a bang.

On Thursday, out of the blue, Italy’s Deputy Prime Minister Luigi Di Maio threatened to stop financial contributions to the European Union next year unless other states agreed to take in migrants being held on a coastguard ship in Sicily. The Italian’s ultimatum comes less two months after Europe triumphantly announced a “vaguely worded” deal on how to resolve the continent’s migrant influx.

“If tomorrow at the meeting of the European Commission nothing is decided on the redistribution of migrants and the Diciotti ship, I and the entire Five Star Movement are not willing to give 20 billion to the European Union,” Di Maio said in a video posted on his Facebook page.

He echoed statements by Interior Minister and Deputy Premier Matteo Salvini, who has refused to allow 177 migrants to leave the Italian coastguard ship Ubaldo Diciotti, which is docked in the Sicilian port of Catania. While Italian prosecutors opened an investigation into the detention of the migrants and 29 children were allowed to disembark, Salvini still won’t allow the rest of the people to come ashore and has attacked the EU for its “cowardly silence.”

Salvini described those aboard as “illegal immigrants,” and said they won’t be allowed to step foot on Italian soil. Instead, he insisted fellow European Union nations take in some of the asylum-seekers.

“Italy’s no longer Europe’s refugee camp,” he tweeted. “Upon my authorization, no one is disembarking from the Diciotti.”

More…

Posted at 11:19 AM (CST) by & filed under Bill Holter.

As you might know by now, Jim and I will be interviewing with Greg Hunter tomorrow for early Sunday release. We plan on talking about the current “technical” dollar short created by all the emerging market dollar loans currently on the books. Richards Russell first spoke of this and called it the “synthetic” dollar short. You see, when a borrower from a nation with a currency of their own, borrows dollars, the loan must be paid back in dollars. This creates artificial/short term yet very real demand for dollars when the loan is paid back.

What I want to talk about today is “MOPE”, management of perspective economics and give you a little background as to what to listen for when Jim and I talk. I’m doing this in the hope it will make listening to the interview more fruitful rather than listening to it cold.

So, Jim coined the phrase many years back to describe a situation where lying about the current fundamentals could be supported or confirmed by pricing in markets. In other words, “the economy is great, just look at the Dow Jones”! Of course, markets were taken over by machines that used the fuel provided by the central bank(s) and lowered interest rates. It became one glorious and they hoped, self sustaining circle (bubble). The thought was, if markets are up then people will feel good and then borrow and spend more. They were right, but the problem is the game has “no ending” because after markets close for the day, they must reopen again the next day. What I mean here is, no matter what levels the markets got to…there is always tomorrow to deal with.

More…

 

Posted at 11:03 AM (CST) by & filed under Jim's Mailbox.

Courtesy of JB.
Jim

Jim/Bill/Dave,

The Australian dollar is now also suffering because of the political situation.

As we saw with the lower Yuan and Rupee (India) when currencies go down initially gold and silver become more expensive and people sell “take profit” and don’t buy “ oo expensive” though this situation is abruptly reversed when people get afraid that the currency falling out of bed (Argentina, Turkey) and undergoes sharp devaluations because in those situations only gold and silver are the true preservers of your wealth. It is no longer about making a profit or being too expensive the issue is now about protecting your wealth.

Remember gold and silver are the mirror image of the reserve currency which ultimately is the anchor for all other paper currencies. Just ask the venezuelans if they would have preferred to have held gold and silver before this crisis began. Venezuela is the poster child for what is about to happen in many countries!!

Why hold gold and silver? Because all currencies including the US dollar will implode from their massive irresponsible debt overhang that never can be paid back and will demand a very painful debt restricting . As a last remark remember the currency is ultimately the benchmark of your wealth, if currency paper is worthless you don’t have anything that will never be the case of gold and silver the only asset class that is not dependent on the credibility of the economy, government and monetary authority’s actions. Physical gold and silver have value of their own people will always consider it to have value. That is different for the Zimbabwean Dollar or Venezuelan Bolivar

Best,

GG

Aggressive Traders Go Long: Sharp Rally In Gold & Silver Ahead As Technicals Are At Extremes
August 23, 2018

Captain Ewave says aggressive traders should consider going long in both gold & silver. Here’s what the technicals are telling him…

by Captain Ewave of CaptainEwave

GOLD:

Short Term Update:

clip_image001

If we are in the initial stages of wave .iii., we should expect a very large up day from gold this week, and a retaking of the 1204.00 level as a first step.

We are now challenging that high, and we will see if we break through and close above it in today’s trading session.  We will provide our initial projections for the end of wave .iii. only when we are sure that all of wave .ii. is complete at the 1167.10 low.

More…

Jim/Bill/Dave,

You can’t just dream it up it is all ridiculous — Davis is a huge fraud clearly!

GG

Cohen Attorney Lanny Davis Is Registered Foreign Agent for Pro-Russian Oligarch Wanted by US Government and Linked to Putin
August 22, 2018

On Tuesday former Trump Attorney Michael Cohen, on the advice of his attorney and Clinton advisor Lanny Davis, surrendered himself to the FBI after it was reported he reached a plea deal with federal prosecutors.

Michael Cohen admitted he violated campaign finance laws in relation to the Stormy Daniels payment at direction of a ‘candidate.’

Cohen attorney Lanny Davis is a registered foreign agent for Dmytro Firtash, a pro-Russia Ukrainian oligarch wanted by the US government.

Via Jack Posobiec:

clip_image002

Jordan Schatchtel added: Lanny Davis is co-founder and partner of the law firm of Davis Goldberg & Galper. I just checked FARA records. His firm is a registered *ACTIVE* foreign agent for Ukrainian oligarch Dmytro Firtash, who is a close ally of Russian pres Vladimir Putin.

More…

Key words how much information investors would demand?

In the used car business that is like looking under the hood and running away!

Dave

Saudi Arabia Calls Off Aramco IPO, Disbands Advisors
August 22, 2018

Two years ago, when the Aramco IPO was first floated, bankers on Wall Street declared a week-long fee orgy: after all, the $1+ trillion IPO – the biggest in history – was going to result in an underwriting fee bonanza. However, it was not meant to be, and last October the first reports emerged that the IPO would likely not happen over Saudi concerns over financial transparency, venue of the listing, and how much information investors would demand from Saudi Arabia about its oil deposits.

Then, two months after the FT reported that the Aramco IPO “almost certainly wouldn’t happen,” moments ago Reuters’ sources confirmed that Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco.

The financial advisors working on the proposed listing have also been disbanded, as Saudi Arabia shifts its attention to a proposed acquisition of a “strategic stake” in local petrochemicals maker Saudi Basic Industries as we reported one month ago.

“The decision to call off the IPO was taken some time ago, but no-one can disclose this, so statements are gradually going that way – first delay then calling off,” a Saudi source familiar with IPO plans.

WTI Crude reacted modestly lower on the news.

clip_image004

More…

Courtesy of Dave.

Jim

The State of Democracy: 11-Year-Old Hacks A State Election Replica Website in Just 10 Minutes
August 22, 2018

At DEFCON 26, the world’s largest hacking convention that recently took place in Las Vegas, an 11-year-old boy managed to hack a replica of the Florida state election website and change voting results in less than 10 minutes. Organizers of the event said that at least 30 children were able to hack similar replica websites in under a half hour, including an 11-year-old girl who completed the job in just under 15 minutes.

One of the attractions of the event was the “DEFCON Voting Machine Hacking Village,” which allowed kids as young as 8 to take a shot at stealing a simulated election.

Nico Sell, co-founder of the non-profit r00tz Asylum, told the PBS NewsHour that these kids were able to hack sites that were exactly like those used for official elections in the United States.

“These are very accurate replicas of all of the sites. These things should not be easy enough for an 8-year-old kid to hack within 30 minutes, it’s negligent for us as a society,” Sell says.

Sell said that when they first tried a similar challenge last year, adult hackers were able to crack the websites in under five minutes.

More…