Italians Twice As Wealthy As Germans
It turns out that the Italian median household net wealth, at about 163,000 euros, has increased 56% since 1991, and from 2008 to 2010, it increased by about 5% annually, despite the crisis! Germany, on the other hand, has a median household net wealth half of Italy at about 76,000 euros and their economy has stagnated during much of that time while they paid taxes out of their noses. And Italy wants Germany to bail them out?
Silver Investors Hold Their Ground
The bearish attitude is clear in the silver futures market; however, action in the physical silver markets is anything but bearish. As noted by Drutter, people tend to stack when the price is going up. So, even though it does not match the January 7.5 million Silver Eagles sold, the 3.4 million sold in February is respectable. So the Drutter divergence continues as silver prices fall and stackers stack.
An Economic Pearl Harbor
Jim Rickards, who helped in currency war simulation for high ranking government officials, describes a very real scenario of the collapse of the world monetary system by China using 4000 tons of physical gold and secret positions in the derivative markets. The scenario essentially tells how paper goes to zero while physical assets go to the moon.
List of Things for Job Loss
If you lose your job, here are some ideas…
1. You are best not to sign anything because the company is looking out for its own interest.
2. Take a day or two to relax.
3. Eradicate all frivolous expenses.
4. Start looking for a job.
5. Look at this as an opportunity.
Legal to Hunt Humans
In video testimony, Diane Feinstein, showing her complete arrogance and stupidity, actually stated that we have federal regulations and state laws that prohibit hunting ducks with more than 3 rounds and yet its legal to hunt to hunt humans with 15 rounds, 30 rounds, or even 150 round magazines. Hey, Diane, hunting humans is murder and that is a crime you waste-of-skin! Is she trying for the part of Damon Killian in the Running Man? Of course, she may be off her meds again.
Curbing Laptop Searches
In a unanimous ruling, the 9th Circuit Court bitch-slapped Homeland Insecurity by ruling that Border Protection officers cannot confiscate, or download, every laptop or electronic device brought into the U.S. without “reasonable suspicion.” Wow! I am absolutely stunned that the 9th Circuit Appeals Court got something correct. The only question is whether “reasonable suspicion” will be one that requires a warrant, as per the 4th amendment of the Constitution.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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