World’s 100 Richest People Got $241 Billion Richer in 2012
The richest people on the planet got even richer in 2012, adding $241 billion to their collective net worth, according to the Bloomberg Billionaires Index. The aggregate net worth of the world’s top 100 stood at $1.9 trillion at the market close on December 31st.
Campaign to Discredit Gold
Jim Sinclair believes the recent campaign to discredit gold as a financial asset is a sign of desperation. The Fed and gold banks are working so hard to paint gold bearish and the U.S. dollar bullish. When one looks into what is going on, it must reflect the dire condition of the balance sheets of the Western world’s financial industry.
America Doesn’t Have a Gun Problem, It Has a Gang Problem
Chicago’s murder numbers have hit that magic 500. Baltimore’s murder toll has passed 200. Detroit’s murder toll nears 400. Washington, D.C’s murder toll nears 400. It is not the gun-and-bible clingers, that Obama lampoons, that are responsible. For the most part, it is homicidal gangs, that are essentially a few steps down from today’s unions.
Interest in Farmland
Farmland has two important attributes that set it apart from most other investments…
1. It has inelastic demand.
2. Political and environmental factors that whittle away the finite supply of global farmland.
One-third of the world’s arable land has been destroyed since 1960 by erosion and other types of degradation. Is it any wonder that Jim Rogers, George Soros, and others have a new growing interest in acquiring it? Of course, hydroponics, and other advanced gardening techniques, help counteract the contracting global farmland.
Americans Never Give up Your Guns
How bad are things when Pravda runs an opinion piece that warns Americans never to give their guns? It is like a major political pole shift has happened and Americans are now on the losing end. The writers at Pravda appear to be more supportive of the US Constitution than 99.9% of all elected officials in both Washington and in State governments. Maybe, we should have an exchange… We send Obama, Feinstein, and all the other hypocritical gun control freaks to Siberia and we ask nothing in return. Sounds like a great deal.
Sorry Folks, The $1 Trillion Coin Is Unconstitutional
Can the Treasury really pay its bills with trillion dollar coins? The platinum coin solution appears to be authorized. by a statute, which allows the Secretary of Treasury to issue the coin. With that said, the statute appears to be an unconstitutional delegation of legislative authority because the US Constitution gives only Congress the power to coin money. Of course, we have not been living by the US Constitution for some time. And if we are not living by the US Constitution, do not be surprised with the uptick in media hype of making Obama president for life.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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