This Hyper Report is supported with physical silver by
Gregory Mannarino’s The Game is Rigged
The opinionated content contained in the Hyper Report text and videos are provided for informational and entertainment purposes only. Please use the information found within this site as a starting point for conducting your own research and before making any investing decisions. All stories are sourced and the information is assumed to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.
The Greek €107 Billion Contingent Liability Gorilla Exposed
To anyone who has been watching what is going on, this will be no surprise. It appears that we were mislead; in that, the guaranteed debt was not listed in the official Greek sovereign debt figures. Adding the IMF loan of €172 billion with the now exposed €107 Billion debt, Greece now has a debt of €279 Billion. Stick the fork in Greece folks… It is cooked!
In 2012, virtually every major economic block in the world is importing. Australia Records First Trade Deficit in 11 Months on 8% Plunge in Exports. Brazil posts First Monthly Trade Deficit in 12 Months. China has a $31.5 billion trade in-balance with imports increasing 39.6 percent. One reason that China is having a trade deficit is the record amount of crude being imported. The cost of crude is also driving the Chinese to divest of U.S. Treasuries as well.
Obama, the liar and Charlatan, is actually trying to convince the people that he addressing gas prices. Yes, by dumping billions into alternative energy sources that contributed to his campaign. By killing the keystone pipeline – forcing Canada to do more oil business with China. He goes on to say that we cannot drill our way to lower gas prices. Do America a big favor Mr. President and please just shut up… Your nose is almost as big as your ears! Why don’t you spend more time trying to find that fraudulent birth certificate of yours?
Got $100,000? Have a Cookie: Banks Try Luring the Top 10%
Times are tough for liquidity strapped banks, as they more aggressively targeting people with assets in the hundreds of thousands of dollars, not just millions. As an example, last year, JPMorgan opened 246 Chase Private Client locations. Of course, if you have $50,000, you will get the same old service with the increasing fees. In short, get out of banks and at a minimum, put cash into a credit unions, where you are a part owner!
Small Firms Say Captive to Credit Card Changes
Small business are not covered by the Credit Card Accountability Responsibility and Disclosure Act passed two years ago. As a result, they are seeing their interest payments jump dramatically. For example, from 9.9 to 23.9 percent. This is loan shark territory folks and the resulting implications are very bad for the economy. Small businesses play a crucial role in an economic recovery as the major source of new jobs.
All Hell May Break Loose & Gold is Way Undervalued
Jean-Marie Eveillard, who oversees $50 billion at First Eagle Fund, believes that the Greek situation is beyond repair. He goes on to say that the top five central banks in the world have, in the past three years, increased the amount of physical gold holdings to 70% of the gold ever mined in the past 3000 years. While the rest of the world focuses on the equity markets, very quietly, gold is outperforming stock markets and is yet again the best performing asset. In short, keep stacking!
Finally, Please prepare now for the escalating economic and social unrest. Good Day