They’re Running Out of Gold!… And Jobs
There’s a startling trend growing in Europe as families, many unemployed, run out of all their money – both fiat currencies and hard-money metals. Portugal, historically known as the home of some of Europe’s biggest gold reserves, appears to be running out of gold. It is getting to the point where married couples are selling their wedding rings to pay the rent. In addition, the price of gold is bound to rise as the desperate global gold grab begins.
Chinese Gold Rush?
China has $1.2 trillion of its reserves in US dollars. With the indirect quantitative easing taking place, China may to be seeking to diversify the reserves held at the People’s Bank of China. To that end, they will most likely be converting their paper reserves into real hard assets like physical gold and silver.
Goldman to Clients: Get Out of Stocks Before Fiscal Cliff Hits
Goldman Sachs is advising its clients to find the nearest exit door when it comes to stocks. Why? Could it because they can predict the future, or they already know that the FED can no longer support the stock market? Of course, they are going to blame it on Congress on tax cuts, however, Congress has been doing tax cuts and increases for decades without this level of panic from Goldman Sachs.
The Fed is Out of Bullets
Unlike the Department of Homeland Insecurity, the Fed only has only one bullet left to shoot as it tries to re-ignite the economy, and it is quantitative easing. Operation Twist was designed to create artificial demand for 10 and 30 year Treasuries; however, they are now out of short term paper. The Fed now owns nearly 70% of the outstanding 10-year note inventory. Expect to see Treasuries to increase in the not-to-distant future. Also, if anyone expects “Goldman Sachs” Romney to keep his promise to Audit the Fed, they should really seek psychological counseling.
Silver Explodes out of the Cartel Cap
Yesterday, silver went vertical from $28.15 to $28.81. It appears silver’s seemingly endless consolidation phase is ending, and silver is ready to embark on it’s next bull run. Remember, after preparing, keep stacking physical.
Feds Move to Strike Lewd Details from Homeland Security Sexual-Discrimination Lawsuit
The government, like roaches, hate the light shown on them. As it could have been predicted, the government does not like the light of truth being shown upon its senior administrators. Without going into details, this suit appears to be showing more and more merit as the sex-for-promotion scandal at the Department of Homeland of Insecurity continues.
Mobile Phone Companies Can Predict Future Movements of Users
Based on ‘real time’ tracking that stored in a database, your Cellphone can predict, with a high amount of accuracy, where you will be tomorrow by a margin of just 60 feet. This means that mobile phone providers, and by extension, the Department of Homeland Insecurity, will be able to predict the future whereabouts of their customers, or victims.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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