Debunking Sequester Hysteria
The budget has gone from 1.8 trillion dollars in Clinton’s last year to 3.7 trillion dollars, yet politicians believe the world will end if 3% is cut. At this point, it should be clear that they are crazy addicts who need that stimulus by to sticking that monetary needle in their arm.
If the Masses Lose Confidence in the Currency
The debasing of global currencies are relentless. The Federal Reserve is expanding its balance sheets, it’s creating money out of nothing. Most gold and silver bugs lost confidence in their respective currencies long ago; however, as the debasing continues, the masses will awaken to the games that central banks, like the Fed, are playing and that will start a mass exodus out of fiat currencies around the world and into tangible assets.
What Drives the Price of Gold and Silver?
For now, the actions of the speculators drive the price. Gold and silver are totally unlike any other commodities. Both metals have a stocks to flows ratio that is extraordinarily high. Stocks to flows is total global inventories divided by annual mine production. For gold and silver, this number is in the many decades. For other commodities, it’s measured in months. In addition, the actions of gold and silver hoarders will soon enough cause the final descent into permanent backwardation of these metals.
Credit Card Debt
The good news is that 55% of Americans have an emergency fund that outweighs their credit card debt. The bad news is that 24% have in more plastic debt than money in the bank. 16% have neither credit card debt or savings. That puts 40% of the population close to the edge of ruin while everyone else seems to be sitting pretty.
What’s In Your Milk?
Two powerful dairy organizations are petitioning the FDA to allow aspartame, and other artificial sweeteners, to be added to milk and other dairy products without a label. Nothing says the wholesome freshness of milk like arsenic err… aspartame. You will have until May 21st to submit written or electronic comments to the Federal Register.
Top 11 Biggest Lies of Mainstream Nutrition
Here are a few…
1. Eggs are unhealthy.
2. Saturated fat is bad for you.
3. Everyone should eat grains.
4. Low-fat foods are good for you.
5. High-fat foods will make you fat.
Nullification is Spreading
States, using the 10th amendment, have been dealing crippling blows to imperial Washington. At last count there were more than seventy proposed bills that would nullify everything from the TSA and The Drug War. Let’s keep it up folks.
In New York state, the Pet Food Stamps program has been created to help fill the void in the Food Stamp program that excludes the purchase of pet food or supplies. Fortunately, this is run by a non-profit firm and not the government for once.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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