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Gregory Mannarino’s The Game is Rigged
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Pound Falls After Fitch Says U.K. at Risk of Losing AAA Rating
Officials at Fitch indicated that the UK’s outlook is negative and has a greater than 50% chance of losing its AAA rating within 2 years. Like the U.S., the UK should have sadly lost that some time ago. British Gilts have lost 2.6 percent as compared to U.S. Treasuries loosing 1.7 percent this year.
Foreign Holdings of US Treasury Debt hit Record
Foreign demand for U.S. Treasury debt rose 0.9% to a record high in January. China, the largest buyer of Treasury debt, increased its holdings for the first time in six months to $1.16 trillion. Investors and other countries actually believe U.S. government debt is considered one of the safest investments. Despite the fact that S&P lowered the Treasury debt from AAA to AA+.
U.S., Britain to Agree Emergency Oil Stocks Release
The U.S. and Britain, in a bilateral agreement, have decided to release strategic oil stocks.
The public reason is so that it does not derail their economic growth. The real reason is politics. Obama and Cameron cannot continue to lead when their respective economies are in ICU. At any rate, the nations security will be sacrificed for politics as the dollar continues its collapse.
Quitting While They’re Behind
Some hedge funds are throwing in the towel. At the end of 2011, 67% of hedge funds were below their high-water marks where they can get paid. The looses being seen are just to big to overcome. As these hedge fund managers get more desperate, they will be making bolder bets with their clients money.
Why Gold Could Spike 20% in a Day or Two
Pierre Lassonde believes that the Chinese could initiate the last phase, or mania phase, of the gold bull market. Today over 50% of all of the gold sold on a yearly basis is sold in two countries, China and India. In reviewing what happened in the 1970’s, it would not be a surprise to see the price of gold go up at a rate of 20% in a day or two. Of course, with paper manipulation, do not be surprised with another so-called unforeseen sell-off Sunday evening.
Property Tax Collections to Start Downward Trend
More than five years after real estate prices began to tumble, Americans are finally starting to get property tax breaks on their devalued homes. In 2011, property taxes increased 1.2 percent… Adjusted for inflation, tax collections actually declined 0.9%. But there are laws that limit the amount of decrease and where are the local governments now going to get money from? Well, first of all there is 17 cent New in town tax. Then there is the 45 cents row boat under the wharf tax and the one dollar, leaving your junk around the wharf , tax.
What if an alien came down to earth and wanted to know about government. This sort of humorous video illustrates on how an average person would explain government.
The REPUBLIC Strikes BACK!
Please take a look at Favian4Liberty’s video about how senior leaders in the U.S. government have become the domestic enemy of the U.S. Constitution.
Finally, Please prepare now for the escalating economic and social unrest. Good Day