Regulators Ease Key Bank Rule to Spur Credit
Global regulators gave banks four more years and greater flexibility to build up cash buffers. The pull-back from a draconian earlier draft of new global bank liquidity rules helped prevent another financial crisis. This is because the banks simply would not have the cash buffers by January 2015. If global banks cannot have the basic cash buffers by 2015, then they must really in the doghouse today in 2013.
Demand For Gold Is Now Overwhelming Central Banks
Eric Sprott believes that demand for physical gold is now overwhelming Western central banks. He goes on to say that a growing number people, all over the world, are realizing it’s the time to be in physical gold and silver. To hell with the paper ETF’s and derivatives that are backed by nothing but lies and BS, people want the real thing. To that end, after preparing, keep stacking physical because the biggest ponzi scheme is coming to an end.
The Real Gold Card
At about 1700 dollars an ounce, 1 ounce or 1/10 ounce gold coins are too much for small purchases. To that end, a Swiss firm has introduced a gold card, that looks like a credit card, that can be easily broken into 50 individual 1 gram gold pieces. Personally, I believe silver and copper would be better for small day-to-day purchases. Especially, if there is a Crimex err… Comex default in silver because prices could easily triple overnight.
Vaccines Causing Diseases?
The act of vaccinating may actually be weakening the immune system. This is because 70% of the immune system resources are directed to the unnatural entry of the virus as opposed to 3 to 4%. This leads to poorer health and a greater risk of contracting potentially more deadlier diseases. The body has a tremendous capacity to catalog diseases it has encountered and will become permanently immune to most diseases. Something to think about with the flu hysteria.
Inflation Hits Coffee
The next time you get that cup of joe, it will most likely be a lower quality than the one you had a year ago. While coffee companies are naturally closed-lipped about their coffee makeup, there is evidence of an alteration of their bean mix in making coffee. Demand for pricier Arabica beans has fallen 27% while the lower quality Robusta beans are 25% higher. This is another example of people’s standards of living being eroded by inflation.
Large Cities Degenerating Into Gang War Zones
Large U.S. cities that the rest of the world used to look at in envy are now being transformed into gang-infested hellholes. There are approximately 1.4 million gang members living in America today according to the FBI. That number has shot up by a whopping 40 percent just since 2009. These organized gangs could potentially become future drug cartels – As is the case in Mexico.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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