Germans Hoarding Gold
32% of the gold in Germany was accumulated since the economic crisis began. 69% of Germans invest in gold, and of those, 47% keep their gold in a private locker in a bank. On average, every German owns 117 grams, or 3.76 troy ounces, of gold. Except for keeping it in a private locker at a bank, many Germans appear to be ahead of the game.
Baltic Dry Index
The Baltic Dry Index, the best concurrent indicator of global shipping and trade, collapsed 8.2% overnight! This is the biggest drop since 2008. From this, it can be easily imagined that this is the result of massive over supply and under demand.
Obama’s Theft Of IRA’s And 401k’s
At the end of 2010, there was an estimated 17.5 trillion dollars in American retirement assets. Of those, 401k’s and IRA’s had 3.1 and 4.7 trillion dollars respectfully. With that kind of money, it is too easy to envision Washington forcing these private accounts into buying US debt. It will be the mantra of all for one and none for all. Another reason for, after preparing, to keep stacking physical.
Illinois Concealed Carry Ban
The 7th U.S. Circuit Court of Appeals bitch slapped the Illinois unconstitutional act of forbidding public possession of a firearm. In addition, the court gave the Un-American Illinois legislature 6 months to rework the law. Gun owner groups declared a historic victory. Perhaps, with concealed carry, crime may go down in fiscally broke Illinois.
Why Preppers Are Hated
At over 3 million, the prepper movement is an open target by the mainstream media for mocking and ridicule. Forget your rational thought for any mainstream media productions because post-editing will make you look like a freak. Most people have been brain washed into believing the so-called experts and government officials; thus, preppers actions, that goes against that established perception, will be viewed with a harsh eye by many. At any rate, the world is becoming increasingly unstable and you better prepare accordingly.
10 Signs We Live in a False Economy
Here are a few…
1. Official unemployment numbers are a fraud.
2. The Fed is buying 90% of the nation’s debt which will increase faster now with QE4.
3. People are buying things they do not need with money they do not have.
2 Weeks Without Power
A new study by World Net Daily reviewed the preparedness of the American public and it was disturbing. Almost 50% of Americans would not survive for more than 2 weeks without the electrical power. 75% said they would be dead within two months. In short, the majority of Americans have given up on survival if it hits the fan.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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i’m afraid the gold price is not 1635.11. please double check. have a great day.