Devaluation In Egypt Next?
As the counterrevolution against the U.S. supported Muslim Brotherhood in Egypt continues, people are scrambling to preserve their wealth with U.S. Dollars. Unfortunately, the problem is that Egypt is out of dollars and their is fear that Egypt’s currency will get weaker. With increasing risk of foreign trade grinding to a halt, devaluation is likely to come. With that, panic buying and more chaos. Which is just the thing that U.S. government has been pushing for.
Russia Turning Oil to Gold
Russia is currently the biggest oil producer and Putin is turning that oil revenue into physical gold making Russia the biggest gold buyer. The Russian Central Bank has added 570 metric tons of gold to the past decade which is a quarter more than China. While Putin is leading the gold rush in emerging markets, developed nations are liquidating. Putin’s philosophy is simple; which is essentially the more gold a country has, the more sovereignty it will have when the cataclysm with paper currencies occurs. So, Russia is not collecting gold as a tradition…. Right Benji?
40 Ways That China Is Beating America
Here are a few…
1. China now produces more than twice as many automobiles as the U.S. does.
2. The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.
3. China is now the leading manufacturer of goods in the entire world.
The Number One Reason to Invest in Gold…
When all fiat monetary exchange mechanisms fail, only one asset has stood the test of time as a store of wealth. Gold is and always has been an insurance policy; however, I, personally, would add silver as well.
Federal Unions Want More
The head of the largest federal employee union said that Obama’s 1% pay increase was simply not enough after two-plus years of frozen pay. Hey dude, according to official inflation figures, inflation has only gone up only 1.7% in 2012. It appears Union leaders are not fooled by the government lies.
In fiscal year 2011, average household food stamps totaled about 284 dollars. Today, it is about 279 dollars. When one accounts for real inflation, the buying power of food stamps is falling like a rock.
Nancy Pelosi… Again
Constitutional Genius Nancy Pelosi stated that she avows the first Amendment that people have a right to protect themselves with a gun. Only problem Nancy is that is the second amendment and not the first. Seriously, this is the best that voters in San Francisco can come up with? This is the most powerful Democrat in the House? This was the person who was third in line from being President?
Limiting 911 Calls
When seconds count, the Chicago police will no longer be only minutes away because they will not respond to 911 calls for car thefts, robbery, or vandalism. So, if the police will not respond and people cannot be armed, who are victims going to call? Obama’s soon-to-be national armed security force?
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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