Is Gold Finished?
It is healthy to second-guess one’s decisions. Since the early 2000s, gold prices have risen by several multiples; however, since 2011, gold has traded sideways. With that said, the debt-to-GDP ratios across the developed world are going from bad-to-worse. Then, there is the backwardation that is going on and the increased printing by central banks. So, is gold finished? In the short term, that is debatable; however, in the long term, it is far from finished.
Consumer spending in the U.S. rose 0.2% in January even as incomes dropped by 3.6% – the most in 20 years. In addition, disposable income dropped 4%. So could inflation and the tax increases be the reason for these numbers?
Bank of America Pays To Spy
Anonymous has leaked 14 Gigs of information that show the absurd lengths that Bank of America will go to spy on hackers. They are trolling social websites trying to collect information. Anyway, the leak also shows that Bank of America, and others, are contracting other companies to spy and collect information on private citizens.
16 Signs That The Middle Class Is Running Out Of Money
Here are a few…
1. The student loan delinquency rate in the U.S. is now at an all-time high.
2. Median household income in the U.S. has fallen for four consecutive years.
3. 62% of all middle class Americans say that they have had to reduce household spending over the past year.
Codes On Stickers Of Fruits And Some Veggies
Ever wonder what those numerical codes mean on those fruits and veggies you buy? If the Price Look-Up, or PLU code only has four numbers this means that it was grown conventionally or “traditionally” with the use of pesticides. If there are five numbers, and the number starts with “8?, this means that the item is genetically modified. If there are five numbers, and the number starts with “9?, this means that it was grown organically and is not genetically modified.
Harry Reid, in talking about the sequester, believes the news media have an obligation to report that Republicans are unwilling to do what Americans want done. Well, Harry, with all of the unconstitutional legislation passed over the past 12 years, from the Patriot Act to the NDAA, the same could be said for both political parties. So, a plague on both your houses.
Index of Government Departments and Agencies
There is a huge number of Federal government departments and agencies. There are 34 of them under the letter “A” alone. Then there are all the state governments that are virtual duplicates. Yet, there are those who say we cannot make the government any smaller. Pretty sure I could find more than 2% from this index.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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