Hyper Report encourages looking into the gold investing at GoldStockBull.com.
U.S. moving submersibles to Persian Gulf to oppose Iran
Officially, the Navy is rushing dozens of unmanned underwater craft, that are four feet long and about 100 pounds, to the Persian Gulf to help detect and destroy mines. Unofficially, the U.S. is arranging its pieces for the upcoming world war.
Gold for Oil
Turkey has exchanged nearly 60 tons of gold for several million tons of Iranian crude oil. By using gold instead of money, Turkey is able to skirt Western sanctions on Iran’s oil trade. How long will it before U.S. forces will invade err…. liberate Turkey?
More Stimulus Needed
A few Federal Reserve policy makers said the central bank will probably need to take more action to boost the labor market and meet its inflation target. These same policy makers are saying that additional bond purchases may have negative consequences. You think!?! It’s called printing money out of thin air. They went on to say that it is a low risk at present. Yeah, low risk because it is the Euro that is in the spotlight.
Gold Market Manipulation
Thanks to LIBOR, more commentary that the gold, and by extent… the silver, market is probably manipulated by central banks is turning up more frequently now. After disasters, like MF Global, people are becoming very concerned about the financial institutions. The LIBOR scandal only shows, where there is smoke, there is fire. When they see that the gold market is nothing but paper… That is when there will be five alarm fires at those institutions supposedly holding physical gold.
From MF Global to LIBOR, the signs of economic chaos are all around. With that said, do not expect allocated gold to be safe when things get really desperate. There may be far more than 20,000 metric tons of gold bullion that has been replaced by worthless certificates. Stephen Leeb, of Leeb Capital Management, believes that the gold, that customers have been paying banks to have on deposit, is already gone.
We Don’t Want You Steenkin’ Free Cash
Bank of America has sent letters to 60,000 struggling homeowners with a so-called generous offer to slice an average $150,000 off their loans. The response… silence. These homeowners are tired of the games that the bank is playing with their finances and their lives. You know things are bad in the banking industry when people are asking what ‘strings are attached’ this time?
Finally, Please prepare now for the escalating economic and social unrest. Good Day
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