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Gregory Mannarino’s The Game is Rigged
There is more bad news in the EU as about 5.64 million, or 24.4% of the Spanish working population is unemployed. In addition, the Spanish economy contracted by 0.4% in the first three months of this year. Needless to say, this is just adding more financial burden to the euro-zone and at some point there will come that straw that will break the camels back.
US Economy Grows at Tepid 2.2% Pace
Gross domestic product expanded at a 2.2 percent annual rate which was below the fabricated expectations of 2.5%. While wages and salaries may have increased by 0.5% in the first three months, business spending actually fell for the first time since the fourth quarter of 2009. This may be a reason cited for the Fed to enact more money printing in the future.
Remember when Obama claimed that he was controlling the mission that lead to Bin Laden’s death. Ignoring the fact that Bin Laden may have been killed years earlier, it now turns out – thanks to a CIA memo, that Admiral McRaven was in control… Proving, yet once again, that Obama is a liar.
House Approves Cybersecurity Bill
In a vote of 248 to 168, the House, controlled by Republicans, passed the Cyber Intelligence Sharing and Protection Act. CISPA would make it easier for companies, without warrants, to share information with the government. Some lying members of Congress, like Representative Nugent from Florida, claim that the bill has safeguards to protect personal and private information. In addition, Obama claims he will veto it; however, from past experience, he will most likely sign it in secret.
Goldman Sachs and CITI Both very Positive on Gold Price
Although it would not be the first time that Goldman Sachs screwed their customers, they are claiming, with CITI, that gold could hit $2400 this year. So, why do they appear to be going against Sugar Daddy Bernanke? Most likely for a rope-a-dope for ignorant investors. Make no mistake gold and silver will go up, not because banks says so, but because it has a 5000 year history; therefore, keep stacking.
California Budget Deficit Grows Deeper
Governor Jerry Brown and the gang of idiotic fools in Sacramento are doing a fantastic job of slamming California into ground at warp speed. In fact, they are expecting to have a budget short fall of, not the $9.4 billion, but a figure of nearly $12 billion. The cause, no doubt, it the fact that businesses and the money makers are moving elsewhere to watch California implode.
I am just thinking here folks; however, I wonder with all of the hoopla about all of the scandals of the Secret Service… Is it possible that Obama, and others, are orchestrating this scandal to replace Secret Service members, who are bound to the U.S. Constitution, with an elite TSA like goon squad?
Finally, Please prepare now for the escalating economic and social unrest. Good Day
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