Uncategorized
Source: Zero Hedge
From $1,300 Tiger Penis To $800K Snipers: The Complete Black Market Price Guide
Havocscope has a price list for all sorts of Black Market Goods.
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First, a bit on Havocscope’s methodology:
Data listed within Havocscope’s website is collected from credible open-source documents such as newspapers, government reports and academic journals. The source for the figure is clearly listed on each data post. This allows users to see where the information has come from, judge the credibility of the source, and pursue further research if necessary.
That seems fair enough, and so, without further ado, we present current price lists for a veritable smorgasbord of illegal goods and services.
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AK-47 and Other Guns on the Black Market
• Afghanistan$1,500
• Afghanistan-Kabul$1,500 for US issued Night Vision Googles
• Australia$15,493 in Sydney
• Average price of AK-47 worldwide$534
• Canada$2,000 for handgun, $600 to rent
• Europe$400 to $900 for Rocket Launchers and AK-47s
• Iraq$800, with Osama Bin Laden’s favorite model for $2,000
• Iraq-Bullets$0.15 to $0.45 per bullet
• Iraq-Rocket Launcher$100, $50 per grenade
• Mexico-AK-47$1,400 on US border/$3,000 in South
• Mexico-Gernade$100 to $500 for M67 Grenade
• Niger Delta-AK-47$75
• Philippines$120 for .22 Caliber Magnum Black Widow
• Profit in the U.S.$500 for selling AK-47 to Drug Cartels
• Somalia$400 for Russian AK-47, $600 for North Korean AK-47
• Sudan$86 for AK-47, $33 for child
• Syria$2,100 for AK-47, $2,000 for RPG
• Thailand$2,600 for gun
• United States$400 in California’s black market
• United States-Small Pistol$20 to $100 in Dallas, TX
Bribes
• Afghanistan – Election Bribes$1 to $18 per vote
• Afghanistan – Police Bribe$100,000 to be Police Chief
Afghanistan Average Bribe Amount$214 in 2012
• Africa – Bribe Payments of Govt Officials$20 to $40 Billion
• Amount of Bribes Paid Worldwide$1 Trillion per year
• Bangladesh – Bribes Paid per Household$86
• Businesses – Rise in Market Value from Bribes$11 for $1 in bribe
• Cambodia – Bribes for Fishing Permit$50
• Cambodia – Bribes to Operate Fake License Shop$2.50 per day
• Cambodia – Citizens Paying Bribes to Receive Services72%
• China – Bribe to become a City Assemblyman$44,000
• China – Bribes to Education Officials$10,000 for School Admission
• China – Bribes to Rail Ministry$14,897 for job as Train Attendant
• China – Impact of Bribes on Drug Prices20%
• Companies Asked to Pay Bribes Worldwide28%
• Croatia – Average Bribe Payment$300
• Czech Republic Average Bribe Amount$248 to $497
• Education Corruption1 in 6 students pay bribes
• Greece- Bribes Paid by Families$2,500 to Public Officials
• Guatemala – Bribes from Drug Traffickers$2,500 to Public Officials
• Haiti – Bribe to Border Official for Human Trafficker$400 per immigrant
• Illegal Loggers$25,000 to $50,000 in bribes for permits
• India – Bribe to Sell DVDs$0.18 to Police
• India – Bribes to Police to Sell Water$0.18 to Police
• India – Families Paying Bribes4 million families
• Indonesia – Bribe to Chief Justice$250,000
• Indonesia – Bribe to Oil Regulator$600,000
• Indonesia – Bribes to Prison Guard$500 to use cell phone
• Indonesia – Businesses Paying Bribes60%
• Iraq – Bribes to Prison Guards$100 to Take a Single Shower
• Ivory Coast – Bribes at Traffic Checkpoints$300 Million
• Kenya – Bribes to Customs and Port Officials$5,797 per shipment
• Kenya -Average Bribes Paid Per Month16
• Mexico – Amount of Bribes Paid$2.75 Billion in 2010
• Mexico – Average Bribe Paid$14
• Mexico – Bribes Collected by Police65% less than $6,000
• Mexico – Bribes Paid by Drug Cartel to Police$1.2 Billion Per Year
• Mexico – Sinaloa Cartel Boss to Escape Prison$2.5 Million
• Nigeria – Bribes Accepted by Government Workers$3.2 Billion
• Nigeria – Bribes Paid by Shell$2 Million in bribes, $14 Million in profit
• North Korea – Bribes to Border Guard by Defector$6,000
• North Korea – Bribes to Inspectors$2,000 per visit
• Pakistan – Bribe to Police from Artifact Smuggler$10.62 per day of digging
• Pakistan – Bribes Paid by Smugglers$1,200 to Police Chiefs
• Peru – Bribe to Stop Logging Investigation$5,000
• Romania – Bribe to Receive Brain Surgery$6,500
• Romania – Bribes Paid Per Day$1 Million
• Romania – Bribes to Hospital For Employment$40,000
• Russia – Average Bribe Paid$189
• Russia – Bribes to Forest OfficialsCases of Vodka
• Russia – Business Bribe$10,000
• Russia – Education Admission Bribes$1 Billion
• Russian -Amount of Bribes Paid$5.9 Billion in 2010
• South AfricaTraffic Police Ask for Most Bribes
• Thailand – Bribes to Police to Allow Human Smuggling$160 per migrant
• Thailand – Kickback and Bribes to Officials25-35% of project value
• Thailand -Impact of Bribes on Economy$3.3 Billion
• Ukraine – Bribes to Police$1,000 from brothel owners
• United Kingdom – People who Paid Bribes1 in 20
• United States – Bribe to Border Agent$15,000
• United States – Bribes to Prison Guard$5,000 to pass meth
• United States – Bribes to TSA Screener$2,400 for each suitcase
• United States – Corruption At Workplace60% believe common
• Vietnam – Bribes to Forest Official$2,300
Prices of Computer Hackers and Online Fraud
• AdWords$1,000 to drain competitors AdWords budget
• Botnet – Canada$270 for 1,000 computers
• Botnet – France$200 for 1,000 computers
• Botnet – Russia$200 for 1,000 computers
• Botnet – United Kingdom$240 for 1,000 computers
• Botnet – United States$180 for 1,000 computers
• Botnet – Worldwide$35 for 1,000 computers
• Credit Card – Premium Card with Big Balance$250
• Credit Card and Social Security Number$5
• DDOS a Website$911,000 for gambling website
• Doxing Someone$25 to $100
• Email Addresses – Gmail$200 for 1,000
• Email Addresses – Hotmail$12 for 1,000
• Email Addresses – Yahoo$10 for 1,000
• Facebook Likes$15 for 1,000
• Facebook Spam$13 for page with 30,000 fans
• Hacked Webcam of Boy$0.01
• Hacked Webcam of Girl$1
• Hacking Classes$75
• Online Bank Account – EU4 – 6% of account balance
• Online Bank Account – USA2% of account balance
• Online Extortion$50 to $15,000 in Sextortion Blackmail
• Online Funds to CashCommission between 9% to 40% of Amount
• Online Game Hackers$16,000 per month in China
• PayPal Account6 to 20% of account balance
• Remote Administration Tool$40 for Blackshades
• Stolen Health Insurance Information$1,200 to $1,300
• Twitter Followers$15 for 10,000 Fake Followers
• Website Traffic$1 for 1,000 fake visitors
Cost to Hire a Hitman
• Argentina$3,749 to $5,555
• Australia$13,610 to $83,000
• BoliviaBetween $4,000 to $15,000
• ColombiaBase Salary of $600: $2,000 to $4,000 per hit
• France – Monaco$330,000
• India – MumbaiBetween $35 to $900
• Italy – Mafia Hitman$3,700 for kneecapping, $27,000 for hit
• Mexico – Ciudad Juarez$85 to Minors
• Mexico – Police Chief$20,832 to target Police Chief
• Mexico – Sinaloa$35
• Mexico – Teenage Boys$10,00 to $50,000 per killing
• Mexico – Teenage Girls$1,000 for 2-Week Salary to 16 year old girl
• Philippines Death Squad$110 per hit
• Spain$27 to $69,000
• United States and United KingdomFew hundred to $25,000
• United States Soldier$5,000 by Juarez Drug Cartel
• United States Soldier – Group of Snipers$800,000 for group of 3
Exotic Animals for Sale
• Abalone$52 per kilogram
• African Grey Parrot$2,000
• Arowana Fish$20,000
• Australian Lizard$7,500
• Baby Elephant in Thailand$7,000
• Bear – Complete $4,500 in Taiwan
• Bear Bile$200,000 per pound
• Bear Paws$50 for set of 4
• Black Cockatoo$31,000 in Australia
• Butterfly (Queen Alexandra)$8,195
• Chimpanzee (Live)$50
• Clouded Leopard$5,700 in China
• Dog Meat$29 in Vietnam
• Elephant$28,200
• Elephant Tusk$1,800 in Vietnam
• Frog Legs$11 for a dozen pairs in France
• Geckos from New Zealand$1,300 in Europe
• Geckos in the Philippines$2,300
• Gila Monster$1,500
• Gorillas$400,000
• Iguanas$10,600
• Ivory$850 per kilo in Asia
• Ivory with Carvings$3,000 per kilo
• Komodo Dragon$30,000
• Leopard$5,000
• Leopard Tortoise$403
• Monkey in Europe$123
• Monkey in Thailand$55
• Orangutan$45,000
• Owl$250 in India
• Pangolin$1,000
• Pangolin – Meat$300 per kilogram
• Pangolin – Scales$3,000 per kilogram
• Panther$5,000
• Ploughshare Tortoise$4,000
• Polar Bear Skin$7,760 to $9,930
• Puppies trafficked from Ireland$255 to $1,275 in the UK.
• Rhino Horn Dagger$14,000
• Rhino Horns$65,000 per kilogram
• Rhino Horns (Crushed for medicine powder)$10 in Vietnam
• Shark Fins$100 per kilogram
• Sloths$30 in Colombia
• Snake Venom$215,175 per liter
• Snakes (Banded kraits)$2,190 in India
• Snow Leopard Pelt$1,000 in Afghanistan
• Spotted Salamander$103 on the Internet
• Tiger (Dead)$5,000
• Tiger (Live)$50,000
• Tiger – Baby$3,200
• Tiger Bone$2,000
• Tiger Bone Wine$88
• Tiger Penis$1,300
• Tiger Remains$70,000 in China
• Tiger Skin$35,000
• Tortoises$10,000 in Madagascar
• Totoaba Fish – Bladder$200,000 in China
• Turtle – Chinese Golden Coin$20,000
• Turtle Eggs$1 in Costa Rica
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Organ Trafficking Prices and Kidney Transplant Sales
• Average paid by Kidney Buyer$150,000
• Average paid to Seller of Kidney$5,000
• Kidney broker in the Philippines$1,000 to $1,500
• Kidney broker in Yemen$60,000
• Kidney buyer in China$47,500
• Kidney buyer in Egypt$20,000
• Kidney buyer in Israel$125,000 to $135,000
• Kidney buyer in Moldova$100,000 to $250,000
• Kidney buyer in Singapore$300,000
• Kidney buyer in South Africa$200,000
• Kidney buyer in Thailand$10,000
• Kidney buyer in United States$120,000
• Kidney buyers in Saudi Arabia$16,000
• Kidney seller in Bangladesh$2,500
• Kidney seller in China$15,000
• Kidney seller in Costa Rica$20,000
• Kidney seller in Egypt$2,000
• Kidney seller in India$1,000
• Kidney seller in Israel$10,000
• Kidney seller in Kenya$650
• Kidney seller in Moldova$2,500 to $3,000
• Kidney seller in Pakistan$10,000
• Kidney seller in Peru$5,000
• Kidney seller in Romania$2,700
• Kidney seller in Thailand$3,000 to $5,000
• Kidney seller in the Philippines$2,000 to $10,000
• Kidney seller in Turkey$10,000
• Kidney seller in Ukraine$200,000
• Kidney seller in Vietnam$2,410
• Kidney seller in Yemen$5,000
• Kidney Traffickers in Turkey$10,000 profit
• Kidney Transplant Operation – China$15,200
• Kidney Transplant Operation – Europe$32,000
• Liver buyer in China$21,900
• Liver seller in China$3,660
• Lung seller in EuropeAsking price of $312,650
Fake ID Cards, Driver Licenses, and Stolen Passports
• Average Price of a Stolen Passport for Sale$3,500
• Black Market Driver License – New Jersey$2,500 to $7,000
• Black Market Passport – Nepal$6,961
• Black Market Passport – Peru$1,750
• Black Market Passport – Sweden$12,200
• Black Market Passport and Visa – Australia$15,000
• Blank Stolen Passport – UK$1,642
• Fake Green Card$75 to $300
• Fake Birth Certificate – Cuba$10,000 to $50,000
• Fake Car License Plate in Cambodia$4.50 to $10
• Fake Driver License – California$200
• Fake Driver License – Confiscated in New York1,450 in 2012
• Fake ID Card – Malaysia$771 (includes smuggling)
• Fake ID Card – New York$160 in 90 min
• Fake ID Confiscated – Arizona2,064 from students in 2010
• Fake ID Confiscated from China1,700 in 3 months at one airport
• Fake ID from China$300 for 1, $400 for 2
• Fake ID Papers for Residency – USA$2,500 per set
• Fake IDs for Sale – United States$0.1 Billion ($100 Million)
• Fake Passport – Australia$806
• Fake Passport – China$10,000 to $25,000
• Fake Passport – China (Alter Photo)$3,500 to $5,000
• Fake Passport – Egypt, Germany, Morocco$6,830 to Syrian Refugees
• Fake Passport in Thailand – Basic$245 in 2 hours
• Fake Passport in Thailand – Higher Quality$1,000 to $1,250
• Fake Passports in India$294
• Fake Social Security Card$75 to $300
• Lost or Stolen Passport Reported11 Million in 2010
• Passport Selling – Thailand$200
• Stolen ID to buy Health Insurance$1,250
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Cocaine Prices
• Kuwait$330 per gram (User Submitted)
• United States$300 to $8 (UN) |$30 (User Submitted) per gram
• Australia$300 per gram
• Japan$269.5 per gram
• Egypt$205.5 per gram
• Ukraine$189.6 per gram
• Denmark$180 per gram (User Submitted) | $89 per gram (UN)
• New Zealand$179.3 per gram
• Moldova$155.4 per gram
• Norway$154.45 per gram
• Saudi Arabia$133.5 per gram
• Romania$132.5 per gram
• Estonia$127.2 per gram
• Iran$126.3 per gram
• Jordan$126.3 per gram
• Cyprus$119.2 per gram
• Philippines$119 per gram
• Pakistan$118.7 per gram
• Latvia $112.6 per gram
• Montenegro$111.2 per gram
• Sweden$110.6 per gram
• Greece$110.3 per gram
• China$106.9 per gram (Hong Kong)
• Finland$106 per gram
• Czech Republic$104.8 per gram
• Croatia$99.4 per gram
• Austria$97.3 per gram
• Indonesia$96.5 per gram
• Switzerland$95.6 per gram
• Bulgaria$94.9 per gram
• Ireland$92.7 per gram
• Italy$91.6 per gram
• Serbia$88.2 per gram
• Germany$86.9 per gram
• Thailand$86.0 per gram
• Zimbabwe$80 per gram (Crack)
• Israel$80 per gram
• Poland$53 per gram
• France$79.5 per gram
• Spain$79.5 per gram
• Albania$79.5 per gram
• Lithuania$78.9 per gram
• Turkey$78.2 per gram
• Hungary$72.1 per gram
• Belgium$67.1 per gram
• United Kingdom$61.5 per gram
• Portugal$61.0 per gram
• Netherlands$58.7 per gram
• Cuba$56.7 per gram
• Lebanon$40.0 per gram
• South Africa$32.7 per gram
• Nigeria$32.5 per gram
• El Salvador$24 per gram
• Paraguay$20 per gram
• Costa Rica$17 per gram
• Guatemala$13.3 per gram
• Brazil$12 per gram
• Haiti$10 per gram
• Chile$8.8 per gram
• Venezuela$9.3 per gram
• Honduras$9.2 per gram
• Dominican Republic$8 per gram
• Argentina$5.9 per gram
• Ecuador$5.0 per gram
• Peru$4.5 per gram
• Bolivia$3.5 per gram
• Colombia$3.5 per gram
E
cstasy Pills Prices
• Myanmar$68.1 per pill
• South Korea$56.0 per pill
• Norway$44.1 per pill
• Montenegro$41.7 per gram
• Egypt$40.2 per pill
• United States$35.5 per pill
• Japan$33.65 per pill
• Vietnam$32.5 per pill
• Australia$32.1 per pill
• Thailand$29.65 per pill
• New Zealand$28.7 per pill
• Philippines$27.5 per pill
• Chile$25 per pill
• Costa Rica$25 per pill
• Ecuador$25.0 per pill
• Colombia$22.6 per pill
• Italy$22.0 per pill
• Dominican Republic$21 per pill
• Singapore$20.25 per pill
• Finland$19.9 per pill
• Switzerland$19.1 per pill
• Romania$18.9 per pill
• Sweden$16.2 per pill
• Malaysia$16.0 per pill
• Jamaica$14.5 per pill
• Spain$13.6 per pill
• Greece$13.2 per pill
• Cyprus$13.2 per pill
• Honduras$13.0 per pill
• Brazil$12 per pill
• Israel$12 per pill
• Czech Republic$10.5 per pill
• Zimbabwe$10 per pill
• Austria$9.7 per pill
• Venezuela$9.4 per pill
• Turkey$9.3 per pill
• Indonesia$9.0 per pill
• Denmark$8.9 per pill
• Bulgaria$8.8 per pill
• Germany$8.7 per pill
• France$7.9 per pill
• Latvia$7.5 per pill
• Guatemala$6.6 per pill
• Ireland$6.6 per pill
• Estonia$6.6 per pill
• Iran$6.2 per pill
• South Africa$5.8 per pill
• Belgium$5.7 per pill
• Cambodia$5 per pill
• Portugal$5 per pill
• Hungary$4.8 per pill
• United Kingdom$4.8 per pill
• Lithuania$4.6 per pill
• China$4.5 per pill
• Netherlands$3.9 per pill
• Croatia$3.3 per gram
• Serbia$2.65 per pill
• Poland$1.7 per pill
Heroin Prices
• Brunei$1330.4 per gram
• New Zealand$717.4 per gram
• Japan$683.6 per gram
• Georgia$650 per gram
• Australia$500 (User Submitted-Perth)|$50.4 per gram (UN)
• Sweden$276.5 per gram
• Denmark$213.6 per gram
• United States$200 (UN) | $110 (User Submitted) per gram
• Ireland$198.7 per gram
• Estonia$190.75 per gram
• Norway$169.1 per gram
• United Arab Emirates$165.0 per gram
• Finland$159.0 per gram
• South Korea$140.0 per gram
• Latvia$132.5 per gram
• Moldova$126.3 per gram
• Bangladesh$125.0 per gram
• Ukraine$123.9 per gram
• Singapore$123.9 per gram
• Philippines$108.8 per gram
• Cyprus$106.0 per gram
• Indonesia$98.95 per gram
• Austria$97.3 per gram
• Thailand$83 per gram
• Italy$80.6 per gram
• Spain$80.4 per gram
• Costa Rica$77.2 per gram
• Lithuania$76.6 per gram
• Croatia$72.9 per gram
• El Salvador$69.0 per gram
• China$66.9 per gram
• Nepal$64.6 per gram
• United Kingdom$61.5 per gram
• Romania$55.05 per gram
• Bulgaria$54.3 per gram
• France$53.0 per gram
• Poland$53.0 per gram
• Czech Republic$52.3 per gram
• Netherlands$50.8 per gram
• Brazil$50 per gram
• Guatemala$49.0 per gram
• Hungary$48.1 per gram
• Germany$48.0 per gram
• Switzerland$47.8 per gram
• Myanmar$47.1 per gram
• Portugal$46.7 per gram
• Greece$46.3 per gram
• Saudi Arabia$42.2 per gram
• Jordan35.1 per gram
• South Africa$35.0 per gram
• Belgium$31.8 per gram
• Turkey$31.1 per gram
• Albania$30.5 per gram
• Israel$28.0 per gram
• Zimbabwe$27.1 per gram
• Serbia$26.5 per gram
• Montenegro$23.6 per gram
• Egypt$22.35 per gram
• Dominican Republic$21.0 per gram
• Iran$20.2 per gram
• Colombia$20.1 per gram
• Lebanon$15.0 per gram
• Ecuador$13.0 per gram
• Venezuela$11.6 per gram
• India$10.93 per gram
• Malaysia$8.88 per gram
• Nigeria$6.8 per gram
• Honduras$5.3 per gram
• Cambodia$5.0 per gram
• Pakistan$3.0 per gram
• Afghanistan$2.4 per gram
• Kenya$1.9 per gram
Meth Prices per Gram
• Australia$641.4 per gram
• New Zealand$573.9 per gram
• South Korea$562.0 per gram
• Switzerland$286.7 per gram
• Philippines$214.1 per gram
• Indonesia$203.8 per gram
• Saudi Arabia$199.7 per gram
• Singapore$184.25 per gram
• Japan$125.3 to $683.6 per gram
• Afghanistan$105 per gram
• Germany$89.2 per gram
• United Kingdom$88.45 per gram
• China$72.9 per gram
• Malaysia$52.7 per gram
• Czech Republic$52.3 per gram
• Finland$45.9 per gram
• Spain$30.5 per gram
• South Africa$27.0 per gram
• Sweden$25.3 per gram
• Ukraine$25.0 per gram
• Austria$16.7 per gram
• Hungary$14.4 per gram
• Myanmar$13.6 per gram
• Latvia$13.2 per gram
• Honduras$13.0 per gram
• Lithuania$12.7 per gram
• North Korea$11 per gram
• Moldova$5.0 per gram
• Bangladesh$4.5 per tablet
• United States$3.0 to $500.0 per gram
• Cambodia$1.6 per gram
• Laos$1.0 per tablet
Profits from the Business of Crime and Illegal Jobs
• Afghanistan – Taliban$200 Million a year from Opium
• Antique Looter1 percent of final sale price
• Asian Massage Parlor – New Jersey, United States$108,000 per year
• Asian Massage Parlor – Washington DC, United States$1.2 Million per year
• Assassin – Colombia$600 monthly retainer, $3,000 per hit
• Assassin – Mexico$3,000 to teenagers
• Bootlegger – Pakistan$4,000 per year
• Bride Trafficker Broker – Cambodia$1,500 per bride
• Child Beggar – Pakistan$1.88 to $2.36 per day
• Child Beggar – Thailand$20 per day
• Child Begging Ring – China$40,000 per year
• Child Begging Ring – Saudi Arabia$15,000 per month
• Cigarette Smuggler – Mali$200 per trip, $2,000 if cocaine
• Cigarette Smuggling – USA$500,000 from One Run
• Cigarette Truck Unloader – Indian Reservation, USA$200 per truck
• Coal Mining – Mexico$25 Million by Los Zetas
• Coca Farmer – Peru$9,860 per year, $1,554 growing coffee
• Cockfighting – Management of Matches$2,000 a day
• Cockfighting – Prize Money for Winning Rooster$15,000
• Counterfeit Dollars – Peru$20,000 for every $100,000 in fakes
• Counterfeit Drug Seller$450,000 based on $1,000 investment
• Crystal Meth Smuggler – Indonesia$311 per trip
• Custom Officials – Mexico$1 Million per shipment passed through
• Driver License Broker – Afghanistan$10,000 per year
• Drug Dealer – Rio de Janeiro$15 Million in Favelas
• Drug Mule – Indonesia$15,000 to swallow 76 capsules of heroin
• Drug Mule – Panama$5,000 per trip
• Drug Mule – Paraguay Local$200 per trip
• Drug Mule – Paraguay Tourist$3,970 per trip
• Drug Mule – Teen in Mexico$50 to $100 per trip across border
• Drug Smugglers – Guatemala$600 Million to $800 Million per year
• Extortionist – Guatemalan Prison $6,000 a week
• Extortionist Gang – Colombia$100,000 per month
• Fake Degrees – Europe$50 Million per year to 15,000 customers
• Fake Degrees Online Website$5 Million in 9 years
• Fake Viagra Seller- South Korea$0.84 per tablet
• Football Match Fixing Syndicate$15 Billion per year
• Gambling Runners – Singapore$1,957 per day handling bets
• Gold Smuggler – India$33.50 for 10 grams
• Gun Straw Purchasers – United States$500 per gun for Mexican Drug Cartel
• Heroin Dealer – Ireland$694 per week
• High Class Escort – Florida, United States$80,000 a month
• Human Smugglers – Indonesia$1 Million per boat to Australia
• Human Smugglers – South Korea$2,500
• Human Trafficker – Canada$79,380 per year
• Human Trafficker – New York City$100,000 per year
• Human Trafficker – United Kingdom$77,000 per year
• Human Trafficker – Vietnam$470 to move victim to China
• Kidnappers – Virtual Kidnappers$1,000 to $3,000 per ransom
• Legal Brothel Owner40 to 50 percent of sex workers earnings
• Logger – Madagascar$1.33 per kilo for illegal timber
• Marijuana Plant – United States$2,200
• Meth Trafficking – Thailand$168 per trip
• Money Launderer – Mexico15 cents to each dollar laundered
• Money Mule – United Kingdom8 percent of cash laundered
• Oil Thieves – Nigeria$6,098 per day
• Online Dating Scammers – Ivory Coast$13,000 a month
• Online Drug Dealer$3 Million for Top Seller on Silk Road
• Online Extortion$500 to $15,000 in “sextortion”
• Online Game Hacker$16,000 a month in China
• Online Streaming Website$4.4 Million for largest sites
• Opium Farmer – Afghanistan$4,900 vs $770 for wheat farmer
• Opium Farmer – Myanmar$6 per day vs. $1.20 for rice
• Opium Farmer – Students$15 to $20 per day during season
• Organ Trafficker – Turkey$10,000 profit
• Passport Seller – Thailand$200 to sell own passport
• Pickpockets – Barcelona, Spain$6,132 per week
• Pimp$67,200 per year
• Pirate – Somalia$30,000 to $75,000 per hijacking
• Pirated Book Seller – Mumbai, India$2 per book
• Pirated DVD Seller – Los Angeles$50,000 a month
• Pirated DVD Seller – Mexico$2 Million per day
• Pirated Movie Uploader$1 to $2 per 1,000 views
• Poppy Farmer – Afghanistan$10,000 per year, $120 if wheat
• Prison Guard – United States$3,000 to $5,000 Smuggling Contraband
• Prostitute – Brazil$100,000 (High-End Prostitute)
• Prostitute – Calcutta, India$1.85 a day
• Prostitute – Cannes, France$40,000 a night
• Prostitute – Jamaica$470 per day
• Prostitute – Java, Indonesia$952 per month
• Prostitute – Kuwait$570 per month
• Prostitute – Male Prostitute in LondonHigh of $49,000
• Prostitute – Orange Country, California$700 a day
• Prostitute – Pennsylvania, United States$20,000 a week
• Prostitute – South Korea$70 per session
• Prostitute – UgandaUp to $500 a night
• Prostitute – Washington, DC$500 per day
• Prostitutes – Filipino Women in Japan$150 Million a year
• Ransomware$5 Million a year
• Roma Thief$7,000 a month
• Spam Sellers – Russia$60 Million a year
• United States Workers$2 Trillion Not Reported to IRS
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With that in mind – our analysts are chosen for their integrity and their track record. They spend literally thousands of hours in preparation to be able to answer the one question they’ll be asked: Where is the best place to make money in 2016 and beyond?
We are not aware of any other conference that consistently recommended gold from 2002 to 2012 but then recommended taking profit in February 2012 and warned of a steep decline in February 2013 – as a follow-up to the written warning in the first week of October 2012 that gold was heading several hundreds of dollars lower.
And if you’re interested in real estate, consider that our number one recommendation in 2010 for investors was to buy the Phoenix market and we added Las Vegas in 2011. People who followed our advice made a killing.
In the currency markets the number one recommendation at the 2013 conference was to play the Japanese yen to go down. We exited that trade in May with a 300% gain.
The performance of our World Outlook Conference Small Cap Portfolio has been exceptional. By following any of the investments would have paid for the ticket price many times over.
Here Are Some Highlights From Last Year’s Event
Lance Roberts
- Lower oil prices in Q2 and Q3 = huge impacts on individual companies and employment.
- “As a protector of capital I’m more uncomfortable now than anytime in the last 5 years – volatility high, bonds falling, margin debt de-leveraging, highest deviation of price to relative norms”
- Worries about a liquidity bubble.
Martin Armstrong
- Start of a “big bang” of sovereign debt. Government are borrowing with no intention of paying back.
- * Civil unrest will continue and grow with economic migration.
- Rise in $US will lead to “strip mining” of emerging economies forced to re-pay at higher rates (BRICS et al)
- $US rise will mean implosion of foreign governments with $US debts = exponential rise in costs.
- Public sector demands will suck $s out of the system = deflationary pressure.
- Big $ internationally will have no choice but to go to the $US.
- Problem will begin at the periphery and move to the core.
- Government continue to do the “the wrong thing at the right time”.
Ozzie Jurock
- US buys – Las Vegas, Scottsdale, Phoenix and Glendale (buy cash flow properties)
- Cdn buys – top end properties ($2 million plus). Etobicoke, Hamilton in ON. Whistler.
- Nothing in AB. Nothing outside Cdn and US.
- Interest rate will be going down.
Josef Schachter
- Oil will take one more low into the $30s and then look for an upside to the $80s.
- Look for buying opportunities after the low. (Aug 2015)
Patrick Cox
- Global populations will fall, older populations are growing faster than younger populations.
- Aging of the most entitled generation in history.
Brent Holliday
- Look for Canadian “Narwhal’s” ($1 billion valuations).
- Buy the Shopify IPO (up 80% in summer)
- Buy Kinaxis (doubled since)
- Look for future IPOs for Slack, Hootsuite, Vision Critical, Wattpad, I Q Metric, Freshbooks and DiWAve
Ryan Irvine
- Espial $2.50 up to $4.20
- Sandvine 3.10 up to $4.40
- Merus $1.74 up to $3.40
- High Arctic $3.70 up to $4.35
Don Cox
- % rates in Canada will go down
- $US will go up.
- Look for value buys in Canadian gold stocks.
Greg Weldon
- Weakened Euro = inflation = falling bond market
- Peso war will continue will – short Brazil, Peru, Mexico and Chile
Tyler Bollhorn
- Buy US small caps if large caps decline
- Buy German small caps
Trevor Dowle
- Weakening Canadian economy will result I another C$ rate cut
- Boyd Income Group @45 up to $64.50
Paying For Your Ticket Many Times Over
While past performance is no guarantee of future success, please be clear that the results we have achieved over the years have not been by accident. Our analysts have been chosen precisely because they do have strong track records. Of course they are not right every time but their uncanny ability to read the various investment markets while employing proven risk management techniques has clearly raised their probability of success dramatically.
The Point
And we have one! Our goal is to literally change your investing life. We think we can do it but we need your help. You’ve got to be interested. Come to the 2016 World Outlook Conference. Make a weekend of it. Maybe even take advantage of our special rate at the Westin Bayshore Hotel, whether you live in Greater Vancouver or farther afield. Bring a friend, invite a neighbor, consider buying a ticket for someone as a gift.
We are very confident in saying that the conference is going to be extremely valuable. There are going to be big losers and some winners in the market – our goal is to put you in the latter group. Join us.
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The Greek situation — having perhaps outlived the term “crisis”, now that it has taken so long to unfold — appears to have finally reached its terminal point. This is, of course, an illusion: It has been at its terminal point for a long time.
The terminal point is the juncture where neither the Greeks nor the Germans can make any more concessions. In Greece itself, the terminal point is long past. Unemployment is at 26 percent, and more than 50 percent of youths under 25 are unemployed. Slashed wages, particularly in the state sector, affecting professions including physicians and engineers, have led to massive underemployment. Meanwhile, most new economic activity is occurring in the untaxable illegal markets. The Greeks owe money to EU institutions and the International Monetary Fund, all of which acquired bad Greek debts from banks that initially lent funds to Greece in order to stabilize its banking sector. No one ever really thought the Greeks could pay back these loans.
The European creditors — specifically, the Germans, who have really been the ones controlling European negotiations with the Greeks — reached their own terminal point more recently. The Germans are powerful but fragile. They export about a quarter of their gross domestic product to the European free trade zone, and anything that threatens this trade threatens Germany’s economy and social stability. Their goal has been to keep intact not only the euro, but also the free trade zone and Brussels’ power over the European economy.
Germany has so far avoided an extreme crisis point by coming to an endless series of agreements with Greece that the Greeks couldn’t keep and that no one expected them to keep, but which allowed Berlin to claim that the Greeks were capitulating to German demands for austerity. This alleged capitulation helped Germany keep other indebted European countries in line, as financially vulnerable nations witnessed the apparent folly of contemplating default, demanding debt restructuring and confronting rather than accommodating the European Union.
Greece and the Cypriot Situation
For the Germans, Greece represented a dam. What was behind the dam was unknown, and the Germans couldn’t tolerate the risk of it breaking. A Greek default would come with capital controls such as those seen in Cyprus, probably trade barriers designed to protect the Greek economy, and a radical reorientation of Greece in a new strategic direction. If that didn’t lead to economic and social catastrophe, then other European countries might also choose to exercise the Greek option. Germany’s first choice to avoid the default was to create the illusion of Greek compliance. Its second option was to demonstrate the painful consequences of Greece’s refusal to keep playing the first game.
This was the point of the Cyprus affair. Cyprus had reached the point that it simply could not live up to the terms of its debt repayment agreements. The pro-EU government agreed under pressure to seize money in bank accounts holding more than 100,000 euros (around $112,000) and use that money to make good on at least some of the payments due. But assigning a minimum account balance hardly served to lessen the blow or insulate ordinary Cypriots. A retiree, after all, may easily have more than 100,000 euros in savings. And hotels or energy service companies (which are critical to the Cypriot economy) certainly have that much in their accounts. The Germans may have claimed the Cypriot banking system contained primarily Russian money, but — although it undoubtedly contained plenty of Russian funds — most of the money in the system actually represented wealth saved and used by Cypriots in the course of their lives and business. The result of raiding those accounts was chaos. Cypriot companies couldn’t pay wages or rent, and the economy basically froze until the regulations were eventually eased — though they have never been fully repealed.
The Germans were walking a fine line in advocating this solution. Rather than play the pretend game they had played in Greece, they chose to show a European audience the consequences of genuine default. But those consequences rested on a dubious political foundation. Obviously the Cypriot public was devastated and appalled by their political leaders’ decision to comply with Germany’s demands. But even more significant, the message received by the rest of Europe was that the consequences of resistance would be catastrophic only if a country’s political leadership capitulated to EU demands. Seizing a large portion of Cypriot private assets to pay public debts set an example, but not the example the Germans wanted. It showed that compliance with debt repayments could be disastrous in the short run, but only if the indebted country’s politicians let it happen. And with that came another, unambiguous lesson: The punishment for non-compliance, however painful, was also survivable — and far preferable to the alternatives.
The Rise of Syriza
Enter the Coalition of the Radical Left party, known as Syriza, one of the numerous Euroskeptic parties that have emerged in recent years. Many forces combined to drive pro-EU factions out of power, but certainly one of them was the memory of the behavior of pro-EU politicians in Cyprus. The Greek public was well aware Athens would not be able to repay outstanding debt on anything even vaguely resembling the terms set by the pro-EU politicians. Cognizant of the Cypriot example, they voted their own EU-friendly leaders out, making room for a Euroskeptic administration.
Syriza ran on a platform basically committing to ease austerity in Greece, maintain critical social programs, and radically restructure the country’s debt obligations, insisting that creditors share more of the debt burden. EU-friendly parties and individuals — and the Germans in particular — tended to dismiss Syriza. They were used to dealing with pro-EU parties in debtor countries that would adopt a resistant posture for their public audience while still accepting the basic premise put forth by Germany and the European Union — that in the end, the responsibility to repay debts was the borrower’s. Regardless of their public platform, these parties therefore accepted austerity and the associated social costs.
Syriza, however, did not. A moral argument was underway, and the Germans were tone deaf to it. The German position on debt was that the borrower was morally responsible for it. Syriza countered that, in effect, the lender and the borrower actually shared moral responsibility. The borrower may be obligated to avoid incurring debts that he could not repay, but the lender, they argued, was also obligated to practice due diligence in not lending money to those who were unable to repay. Therefore, though the Greeks had been irresponsible for carelessly borrowing money, the European banks that originally funded Greece’s borrowing spree had also been irresponsible in allowing their greed to overwhelm their due diligence. And if, as the Germans have quietly claimed, Greek borrowers misled them, the Germans still deserved what happened to them, because they did not practice more rigorous oversight — they saw only euro signs, just as the bankers did when they signed off on loans to Greece rather than restraining themselves.
The story of Greece is a tale of irresponsible borrowing and irresponsible lending. Bankruptcy law in European and American culture is a system of dualities, where expectations for prudent behavior are placed on both the debtor and creditor. The debtor is expected to pay everything he can under the law, and when that is ability is expended, the creditor is effectively held morally responsible for his decision to lend. In other words, when the debtor goes bankrupt, the creditor loses his bet on the debtor, and the loan is extinguished.
But there are no bankruptcy laws for nation-states, because there is no sovereign power to administer them. Thus, there is no disinterested third party to adjudicate national bankruptcy. There are no sovereign laws dictating the point where a nation is unable to repay its debt, no overarching power that can grant them the freedom to restructure debts according to law. Nor are there any circumstances where the creditor is simply deemed out of luck.
Without these factors, something like the Greek situation emerges. The creditors ruthlessly pursue the debtor, demanding repayment as a first priority. Any restructuring of the debt is at the agreement of creditor and debtor. In the case of Cyprus, the government was prepared to protect the creditors’ interests. But in Greece’s case, Syriza is not prepared to do so. Nor is it prepared, if we believe what the party says, to simply continue crafting interim lies with the country’s creditors. Greece needs to move on from this situation, and another meaningless postponement only postpones the day of reckoning — and postpones recovery.
The Logic and Repercussions of a Grexit
A Greek withdrawal from the eurozone would make sense. It would create havoc in Greece for a while, but it would allow the Greeks to negotiate with Europe on equal terms. They would pay Europe back in drachmas priced at what the Greek Central Bank determines, and they could unilaterally determine the payments. The financial markets would be closed to them, but the Greeks would have the power to enact currency controls as well as trade regulations, turning their attention from selling to Europe, for example, to buying from and selling to Russia or the Middle East. This is not a promising future, but neither is the one Greece is heading toward now.
Many have made a claim that a Greek exit could lead the euro to collapse. This claim seems baffling at first. After all, Greece is a small country, and there is no reason why its actions would have such far-reaching effects on the shared currency. But then we remember Germany’s primordial fear: that Greece could set a precedent for the rest of Europe. This would be impossible if the rest of Europe was doing well, but it is not. Spain, for example, has unemployment figures almost as terrible as Greece’s. Some have pointed out that Spain is now one of the fastest-growing countries in Europe, which would be impressive if growth rates in the rest of Europe weren’t paralyzed. Similarly, Spain’s unemployment rate has fallen — to a mere 23 percent. Those who are still enthused about the European Union take such trivial improvements as proof of a radical shift. I see them as background noise in an ongoing train wreck.
The pain of a Greek default and a withdrawal from the eurozone would be severe. But if others see Greece as a forerunner of events, rather than an exception, they may calculate that the pain of unilateral debt restructuring makes sense and gives Greeks a currency that they can at last manage themselves. The fear is that Greece may depart from the euro, not because of any institutional collapse, but because of a keen awareness that sovereign currencies can benefit nations in pain — which many of Europe’s countries are.
I do appreciate that the European Union was meant to be more than an arena for debtors and creditors. It was to be a moral arena in which the historical agony of European warfare was abolished. But while the idea that European peace depends on prosperity may be true, that prosperity has been lost. Economies rise and fall, and Europe’s have done neither in tandem. Some are big winners, like Germany, and many are losers, to a greater or lesser degree. If the creation of a peaceful European civilization rests on prosperity, as the founding EU document claims, Europe is in trouble.
The problem is simple. The core institutions of the European Union have functioned not as adjudicators but as collection agents, and the Greeks have learned how ruthless those agents can be when aided by collaborative governments like Cyprus. The rest of the Europeans have also realized as much, which is why Euroskeptic parties are on the rise across the union. Germany, the country most threatened by growing anti-EU sentiment, wants to make clear that debtors face a high price for defiance. And if resistance is confined to Greece, the Germans will have succeeded. But if, as I think it will, resistance spreads to other countries, the revolt of the debtor states against the union will cause major problems for Germany, threatening the economic powerhouse’s relationship with the rest of Europe.

