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Gregory Mannarino’s The Game is Rigged
Today’s Items:
First…
Euro Zone Needs a Divorce
http://www.wealthwire.com
According to Roubini Global Economics, Portugal, Italy, Ireland, Greece and Spain need to leave the European union. The current situation is not sustainable. They feel that these countries need further and much more extensive reconstructing to get their finances in order. In addition, bank nationalization would be necessary with restrictions on deposit withdrawals and temporary capital controls. In short, if you have money in the bank, in a matter of time, you may not have money. Another reason to keep stacking folks
Next…
The Fed is Trapped
http://kingworldnews.com
Bill Fleckenstein, President of Fleckenstein Capital, believes that we are going to see more money printing out of the central banks. The stock market is, for the moment, the vehicle of choice for money printing to flow into. Basically the Fed is trapped. They have spoon fed the markets and the economy to expect more confetti, and they will continue to do it until inflation takes the printing press away. The bond market has quite likely topped out.
Next…
Food inflation seen back on the table as prices rise
http://www.reuters.com
World food prices are likely to rise for a third successive month in March. Food prices grabbed world policy makers’ attention after hitting record highs in February 2011. Corn and soybeans are set to be the major drivers on world grain markets until new crops are harvested – if crop yields are good. How is your food storage solution for volatile food prices?
Next…
Just In Time: When the Trucks Stop, America Will Stop with Catastrophic Consequences
http://www.truthistreason.net
It may not take an EMP to stop the Just-In-Time system that we have for supplying stores with food and other supplies. If gas keeps going up, truckers will not be able to deliver supplies and there are about three days of supplies in local stores before everything goes to hell. Consumer fear and panic will exacerbate shortages; therefore, make sure you are stocked up. In short, panic now and avoid the rush.
Next…
It looks like DHS isn’t the only ammunition hog in the United States
http://www.activistpost.com
While the Department of Homeland Insecurity has contracted for 450 million hollow point rounds, the Department of Agriculture, the Department of Interior, the FBI, and other agencies have ordered additional ammo. We can now move the total “excess” .40 caliber rounds from 450 to 750 million rounds. Probably need it all to fight those evil-doing farmers with raw milk.
Next…
North American Union will Attempt to Disarm the People of the United States
http://fromthetrenchesworldreport.com
Mexican President Calderon proudly stated that 140,000 firearms have been confiscated and then tried to imply that every one of them was bought in a gun store in the United States. Of course, Fast and Furious with Eric Holder at the center, put the light on that little lie. At any rate, expect any black swan event to occur to try to separate Americans from their guns.
Finally, Please prepare now for the escalating economic and social unrest. Good Day
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The way my grocery bill has ben lalety, that 3.9% increase must be just since yesterday afternoon. While I heat with wood & wood pellets, I also pay the in-laws propane bill, which is about 2 1/2 times what is was last year. Ouch.And filling up an F250 compared to an Escort (did both on Sunday) can induce a good A-fib.But nope nope, there’s no problems in the markets here. Nope. None at all. None of the three categories above seem to count in the CPI, so I guess they don’t count at all, hmm?
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