Back in August 2012, when negative interest rates were still merely viewed as sheer monetary lunacy instead of pervasive global monetary reality that has pushed over $6 trillion in global bonds into negative yield territory, the NY Fed mused hypothetically about negative rates and wrote “Be Careful What You Wish For” saying that “if rates go negative, the US Treasury Department’s Bureau of Engraving and Printing will likely be called upon to print a lot more currency as individuals and small businesses substitute cash for at least some of their bank balances.”

However, just because negative rates have not been passed on to savers yet or just because cash still has not been made illegal, that doesn’t mean it won’t be. The question at this point is twofold: what happens after the savings of ordinary depositors in the bank are officially taxed and/or cash becomes phased out, and more importantly, what happens just before. In other words, will there be a run on physical cash?

The truth is that if society panics and there is a full blown rush out of existing electronic bank deposits and into physical currency to avoid negative rate taxation, only those who panic first will be safe. Why? Because of the “magic” of fractional reserve banking – there is simply not enough physical currency in circulation to satisfy all savers’ claims.

Are you giving away too much information? Here’s a few things Mark Zuckerberg’s network can guess about you…

Facebook knows when you are asleep or awake

Many of us check Facebook late at night AND early in the morning - Social Skinny says 50% of 18-24-year-olds check Facebook before doing anything else in the morning.

Facebook knows who you’ve given your mobile number to

If you’ve ever put your mobile number on your Facebook profile – something FB is keen for you to do if you upload pictures from mobile – you can find yourself being recommended as a friend to people who have that number in their contacts.

By default, people can search for you using your number as soon as you add it to your profile.

Facebook knows where you’ve been

If you’ve ever used the Facebook feature ‘Nearby Friends’, Facebook will store a record of exactly where you’ve been, using your smart device’s GPS or Wi-Fi location services.

It will also broadcast your approximate location to anybody else on your Friends list who has the feature enabled - which, as you have no way of controlling this, could be anyone.

Facebook knows if you’re straight or gay

A University of Cambridge study found that it’s possible to guess a person’s sexuality with a high degree of accuracy, based simply on their Facebook ‘Likes’.

Facebook knows if you have children - even if you don’t tell it

Even if you don’t explicitly TELL Facebook your relationship status, the network can make a guess at it based on your posts and Likes. Facebook stores information related to familly on your Ad Preferences page - where you can see what Facebook thinks it ‘knows’ about you.

Facebook knows who you’ve been stalking

If you’ve ever repeatedly searched for a person’s name, Facebook will remember and store this information - and the next time you search when logged in, it will predict your most common searches. This data can be quite private - and embarrassing.

In a day of unprecedented migrant violence thousands of refugees smashed down a border fence between Macedonia and Greece whilst inhabitants of the Calais Jungle camp set fires and hurled rocks at police as they attempted to avoid eviction.

Refusing to put a limit on the number of refugees entering her country, Angela Merkel defiantly told state broadcaster ARD: “Sometimes, I also despair. Some things go too slow. There are many conflicting interests in Europe. But it is my duty to do everything I can so that Europe finds a collective way.” That stance has put Germany at loggerheads with its close neighbour Austria, which has announced a cap on daily asylum applications in a desperate bid to stop the flow of migrants.

Today the country ratcheted up its attacks on Mrs Merkel to new heights, calling on her to fly migrants directly from Greece to Germany to alleviate the pressure on countries located between the two. The migrant crisis continued to unravel after Hungary announced its own plans to build a huge border fence on the frontier with Romania which will effectively seal off northern Europe from the Balkans.

No-nonsense Prime Minister Viktor Orban ignored pleas from Brussels to drop his radical plans to reduce migration, insisting he was acting as a defender of Christian Europe. He said: "We will teach Brussels, the human traffickers and the migrants that Hungary is a sovereign country. We cannot solve the demographic problems of the undeniably dwindling and ageing European population with the Muslim world without losing our lifestyle, security and ourselves. Those coming here have no intention of adapting to our lifestyle."

Of course the goal of any invasion would be regime change in Syria, and that is something that the Syrian army, Iran, Hezbollah and Russia are simply not going to allow. So what the US government, Saudi Arabia and their allies are contemplating could literally be the spark that sets off World War III. I was stunned earlier today when I came across the following quote from Saudi Arabia’s defense minister. Saudi Brigadier General Ahmed Asseri told Reuters that the 49 defense ministers that had gathered in Brussels a couple of weeks ago had openly discussed the need to conduct a large scale ground invasion of Syria…

An aide to Saudi Arabia’s defense minister said on Monday, meanwhile, that defense ministers from the US-led coalition against Islamic State had discussed the possibility of a Syrian ground incursion two weeks ago in Brussels. “It was discussed at the political level but it wasn’t discussed as a military mission,” Saudi Brigadier General Ahmed Asseri told Reuters. “Once this is organized, and decided how many troops and how they will go and where they will go, we will participate in that.”

Saudi Arabia and Turkey still appear to be quite determined to get rid of Assad. So we should not expect this current “ceasefire” to last for long. In the coming days we should expect the western powers to accuse Russia, Iran, Hezbollah and the Syrian government of repeatedly violating the ceasefire, and these “violations” will be used as justification for whatever “the coalition” has planned next. Sadly, whatever they have planned next could be the spark that plunges our planet into World War III.

In an interview with The Telegraph, Mr Johnson warned that David Cameron’s “emergency brake” on migrant benefits will do nothing to reduce the numbers of foreigners coming to the UK. In his first detailed comments since announcing that he was backing a “Brexit”, the Mayor of London hailed the "extraordinary" response of Eurosceptic MPs and said he will try to encourage ministers to change their mind and back the out campaign.

The Prime Minister has hailed his offer of a four-year "emergency brake" on benefits and suggested that it will reduce the "pull factors" for EU migrants. However, critics have warned that it will have little effect because it is tapered, meaning that migrants gradually gain more access to Britain's benefits system the longer they stay in the UK.

"There is only one way to get the change we need, and that is to vote to go, because all EU history shows that they only really listen to a population when it says No."

He highlighted the contribution of Altiero Spinelli, a political theorist and former European Commissioner, to the founding to the EU. “It’s worth knowing something here that the public needs to understand … the European Union is not about the trade issue,” Mr Duncan Smith told BBC One’s Andrew Marr Show.

“The EU was set up by the founding fathers, an important man called [Altiero] Spinelli, an Italian, who was an ex-communist, he designed the Maastricht Treaty and the Single European Act, why? He said because this is a political project, bringing the nations of Europe closer and closer together to create a place called Europe and the design of this was such that politicians who come and go could not actually override this decision of the bureaucracy because otherwise we would never get there.”

The late Mr Spinelli is one of 11 officially recognised founding fathers of the European Union; others include former British Prime Minister Winston Churchill, who called for the creation of a United States of Europe. The Italian politician joined the Italian Communist Party in the 1920s to fight Benito Mussolini’s fascist dictatorship, which ruled Italy at the time.

The American government issued an unusually stark warning of the horrors that face Iraq if the dam gives way, describing a "tsunami-like wave" that would crush nearly a third of the country. Iraq's power grid could be entirely knocked out and parts of major cities would be underwater for weeks like areas of New Orleans after Hurricane Katrina, the US said. The Iraqi government would be unable to direct an evacuation because Islamic State of Iraq and the Levant (Isil) still controls much of the territory near the dam and so people need to prepare to evacuate on their own, the US said.

The dam was built in 1984 but has fallen into severe disrepair over decades of dictatorship, war and instability in Iraq. The government has struggled to convince foreign companies to take up a contract to maintain the dam while fighting with Isil rages nearby. The US embassy in Baghdad said long-running deterioration meant the danger was now at an "unprecedented" level. While there was "no specific information that indicates when a breach might occur", the US said Iraq's government should begin setting up an emergency notification system to warn the roughly 1.5 million people in the flood path.

But it’s only the beginning, explains Auryn Resources executive chairman Ivan Bebek in an interview with SGT Report, as nation states and large investors are trying to get their hands on gold as fast as they can. We know for a fact that the smart money including major global players like George Soros and Carl Icahn are gobbling up all the gold they can get their hands on. When the rush for the exit in global equities starts – and you better believe it will – there will be an equally panicked rush into safe haven assets.

And while there is most certainly big money moving into gold ahead of negative interest rates, a potential ban on high denomination cash bills and the global calamity to come, Bebek highlights the fact that retail investors haven’t yet begun to get involved on any meaningful scale. Many remain committed to the view of mainstream financial pundits and entrenched analysts talking their books, so they’re going to hold on to their more traditional investments until such time that they see everyone else panic. And when that inevitable rush to the exit door comes they’ll be looking to shift their capital into safe haven assets, along with the rest of the herd.

But just as there will be only one exit door for the mob trying to sell, there will also be a small entrance way for those looking to protect themselves with gold.

The Ethiopian Orthodox Tewahedo Church is the largest of the Oriental Orthodox Churches, which rejected the definitions of the Council of Chalcedon in AD 451. In his address, Pope Francis told Pope Matthias I “what unites us is greater than what divides us,” and added that “shared sufferings have enabled Christians, otherwise divided in so many ways, to grow closer to one another.”

“Just as in the early Church the shedding of the blood of martyrs became the seed of new Christians, so today the blood of the many martyrs of all the Churches has become the seed of Christian unity,” Pope Francis said. “The ecumenism of the martyrs is a summons to us, here and now, to advance on the path to ever greater unity.”

Felix Ngole, a 38-year-old father of four, expressed support for Kim Davis, the county clerk from Kentucky in the US who was jailed for refusing to issue marriage licences after the introduction of same-sex unions in September last year. He argued that homosexual activity is against the teaching of the Bible, quoting a verse from Leviticus describing it as an "abomination". The post, from his private Facebook account, was part of a discussion thread in which other users voiced their opinions on all sides of the debate.

It was not until two months later that he was summoned to a disciplinary hearing at Sheffield University after a fellow student complained about his post. He said he was initially not even told what he was accused of doing. He was eventually told that it involved breaching social work guidelines on "personal conduct" and "bringing the profession into disrepute".

At a further hearing, a university "fitness to practise" panel concluded that he was entitled to his opinion on the issue of gay marriage but that there was a danger he "may have caused offence to some individuals" by voicing it. They concluded that, even though he was not yet even qualified as a social worker, his comment on the Facebook thread would affect his ability to operate in the profession.

Andrea Williams, chief executive of the Christian Legal Centre, said: “What is absolutely shocking is that we have got a student who expresses a view on his own private Facebook page and is removed from a university course and effectively barred from professional vocational training for voicing opinions which are held by millions of people around the world. This is just the latest step in a long line of cases in which professions have been closed off to Christians. But now we are seeing it at the university stage – the very place where we are supposed to be able to discuss different opinions.”

However, the personal information and opinions that we put out on social media doesn’t just provide commercial opportunities for advertisers. It’s a veritable goldmine for governments as well. Everything that people used to keep to themselves in previous generations is now willingly shouted into the internet abyss for all to hear. Social media users often feel free to share their most controversial, subversive, and inflammatory thoughts on a platform that could reach millions of people. It’s kind of crazy when you think about it, but it’s the world we live in today.

Governments of course, love this. People say things on the internet that in years past would require a warrant to discover. Law enforcement would have to get permission from a judge to tap someone’s phone, or search their house for diaries and letters that would give them a damning insight into that person’s psychology and intentions. Now we just give it away for free.

For the first time in almost two decades, reformists and centrists overcame every obstacle placed in their path to achieve significant advances in two elections, one for the Majles, or parliament, and another for the Assembly of Experts, a powerful representative body.

Some of Iran's most notorious hardliners were cast into the political wilderness, including Ayatollah Taqi Mesbah-Yazdi, the spiritual mentor of the former president, Mahmoud Ahmadinejad, who lost his place in the Assembly of Experts and came near the bottom of the poll.

The emerging outcome is largely what Hassan Rouhani, the moderate president, will have wished for. The "Coalition of Hope", which supports last year's nuclear agreement and backs Mr Rouhani's efforts to ease tensions with the West, has won a significant presence in parliament, while the ranks of the hardliners who bitterly oppose Mr Rouhani have been thinned out. Mr Rouhani said the moment had arrived to "open a new chapter in Iran's economic development based on domestic abilities and international opportunities".

Brussels bureaucrats are railroading through contentious plans to vastly expand the European Union’s military scope which could ultimately end with the British army being subsumed into a vast continental force. The UK military could also be forced to share highly sensitive weapons technology - which we have spent millions of pounds of taxpayers' money developing - with the rest of Europe under an agreement to boost military cooperation between member states.

Britain would also be expected to contribute around £375 million to the scheme - enough to rehire all of the 20,000 soldiers the Government sacked in its last defence spending review. Last night critics branded the plans "scandalous" and said only a vote for Brexit in the upcoming referendum can guarantee the future of the 356-year-old British army.

One former servicewoman, who asked not to be named, told Express.co.uk the proposals would require the military to change the centuries old Oath of Allegiance for new soldiers, because they would no longer be "bearing true allegiance" to the Queen. She raged: "It'll be like ashes in the mouths of service personnel.”

The plans have been unveiled by bureaucrats who are preparing to revive proposals to draw up a legally binding "white book" which would vastly expand the military role of the EU. Britain has by far the biggest and best equipped army in Europe and is to plough some £2.2 billion into developing new weapons this year alone. But under the new EU plans we could in future be blocked from researching new military technology which would benefit the British Army, instead being forced to plough money into projects for the wider benefit of the whole EU project.