China Knows That Gold Is Rigged (Thanks WEALTHINSURANCE)
It is an open secret among precious metals analysts and traders that the gold and silver markets are being heavily manipulated to the downside. This is the makings of a scandal that dwarfs the LIBOR rigging scheme. It is this untold truth that China has been scooping up the yellow metal by the ton. When the hammer falls, and it will, those holding the physical gold and silver will do well. Those holding onto paper will be screwed.
7 Reasons Why Investors Should be Afraid of China
Here are five…
1. China’s government dominates everything.
2. There is a lack of transparency in financial data.
3. Unfair advantages of state-owned companies
4. The 25-40% undervalued currency manipulation.
5. Common trade and labor violations.
Definition of Full-Time Employment Changed
Since everyone has begun to see how the BLS reports are full of crap; the Obama administration, in trying to pull a fast one, has decided to change what it means to work full-time. Those who work 30 hours a week, according to Obamacare, are considered full-time. The BLS Glossary defines full-time workers as “Persons who work 35 hours or more per week”. More evidence that facts coming out of Washington are anything but facts folks.
Please Fasten Your Seat belts
Thanks to inflation, taxes, or legislation, everything from healthcare to grocery bills are going up. All this, while the U.S. economy is recovering… If that is what you want to call it. As an example of what one can expect to see… Soybean and wheat prices shot up 40% and 50% respectfully over the summer. Adjust those prices for early next year with inflation and you get a fairly good idea how your grocery bill will soon look.
Top 10 States with the Most Federal Funding
Maryland, Texas, Delaware, North Dakota, Mississippi, Virginia, Hawaii, South Carolina, Louisiana, and at number one…. Florida.
2012 List of Worst Passwords
If you do anything online, make sure you have a good password. Here are top five worst passwords you could have…
password, 123456, 12345678, abc123, qwerty
Save yourself some trouble and use good passwords.
Time’s Presidential Ohio Junk Poll
Time magazine came out with a new Ohio poll, showing that Obama ahead of Romney 49 to 44 points. The only problem is Romney is winning independents by 15 points. Oops!!! It appears the Time Magazine is doing the same kind of BS calculations as those who put out the recent bogus BLS report. So, this is, yet, another reason that the mainstream media cannot be trusted.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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