Hyper Report recommends the reading of Gregory Mannarino’s The Game is Rigged
Some time ago, I said that the euro was destined to fail because divergent economies using the same currency cannot last. Well, the recently public debate on, not just Greece, but Spain, Portugal, and perhaps, Italy leaving the Euro-zone is starting to gain traction. After all, why the hell would the economic engine of Germany want to seriously drag these money leaches around? With that said, the promises of fiscal relief are going to drag down the rest of the Euro-Zone as well. So, Germany will lose even as Merkel has suffered a crushing defeat in Sunday’s elections.
Who Caused JP Morgan’s Big Derivative Bust?
Well folks, it looks like JP Morgan may have lost more than $2 billion dollars. They may have been downgraded by S&P and Fitch. They may be under investigation. So, who can they blame… In the end, they have to blame Sugar Daddy Benji Bernanke’s policies. Without him, they would not have been forced to go gambling, and lost big, on the euro crisis to meet earning requirements. How big? We will see.
Gold Bugs Will be Vindicated
In recent weeks, gold and silver prices have fallen and they will undoubtedly continue to fall as everyone races to the the false security of the dollar based assets; however, those who are physically stacking, and prepping, will be vindicated when the dollar fails because of the expanding debt obligations. The idea is to not pay attention to how much gold and silver is, in terms of dollars, but how many ounces or pounds you have; therefore, keep stacking.
After the tsunami hit Japan on March 11th, many private safes, filled with cash and valuables, were washed away. Americans are following the Japaneseby keeping money at home because of the same reasons.
1. Mistrust of banks ethics – especially the MF Global debacle.
2. Outrageous fees with virtually no interest on money in banks
3. The eventual bank holiday
Safe sales have increased 40% from just a few years ago. Perhaps, for the long run, owners may fill those safes with gold and silver.
On May 10th Obama Signed another Executive Order
The latest executive order signed by Obama now permits United Nations rules and regulations to take root in local communities. Obama’s latest escapade shows where his loyalties lay and it is not with the U.S. or the Constitution he swore to protect and defend. This is a sneak attack and it will not be publicized in the mainstream media.
Government Issues Study of a Study About Studies
This stuff is just too incredible to make up folks… A report from the Government Accountability Office on the Pentagon’s study of it’s study about studies from 2010, concluded that it was a flop. In addition, a Pentagon report concurs with the GAO report on the Pentagon’s study about studies on studies. Now, if that confuses you, consider the amount of tax dollars involved in this. Sounds like another prospect for another study.
Finally, Please prepare now for the escalating economic and social unrest. Good Day
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