Hyper Report recommends the reading of Gregory Mannarino’s The Game is Rigged
The Pressure On Europe This Week Is Huge
George Soros is saying that it could be fatal if the EU summit, at the end of the week, does not solve anything. The markets are in a state of watching the ongoing crisis and muddling-through strategies will make next week very difficult.
Spain formally requested euro zone rescue loans in the amount of about $125 billion. The aid is an attempt to address the real estate bubble that has collapsed in Spain. Needless to say, Spanish bond yields, along with Italian yields, are rising. Make no mistake, Greece was just the opening act as more and more nations in the EU come to the realization they are all insolvent.
Obama is trying to start a war with Syria to divert attention away from his floundering presidential campaign. Now things are getting interesting because of the shooting down of a Turkish reconnaissance plane with a Russian made, and most likely operated, SA-5 surface-to-air-missile 8 miles offshore of Syria. Of course, Hillary is waiting in the wings to take the Democratic nomination if Obama is deemed unelectable. What is even worse, is that Jimmy the dictator loving President has turned on Obama by claiming that Obama is guilty of human rights abuses with the use of drones.
Supreme Court Rules on Arizona’s Immigration Law
The Supreme Court issued a partial victory to Obama that essentially states that Federal immigration law trumps state law. The Court didn’t discuss the controversy over possible racial profiling with the provision. In effect, the immigration checks during traffic stops, in the state can continue. And the wait for Obamacare’s fate continues…
A Nation Too Scared To Quit
Hiring fell 9 percent last month. New hires now average just 4.08 million per month.An unusually large number of people are staying in the jobs they already have presumably because they fear not being able to get a new job. Of course, with some exceptions, if you have a job and quit without another lined up… Not smart.
Silver to Crash to $15 and Gold to $500
Many people got into the precious metals market to make a quick buck even though logic of hyperinflation as a store of wealth first drew them in. It does not matter what happens with the world’s economy because the world will eventually rush into physical, which will skyrocket physical silver past $1,000 an ounce, while paper will be trash. In short, after preparing, keep stacking physical.
Only 29% of likely voters support Obama’s executive privilege position on documents pertaining to the Fast and Furious probe. So, why the non-support of Fast and Furious, the likely brainchild of Hillary Clinton and Andrew Shapiro? Most likely because this illegal operation caused people to die on both sides of the U.S.-Mexico border.
Finally, Please prepare now for the escalating economic and social unrest. Good Day
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