Global Deposit Confiscation
The CEO of Italy’s largest bank stated that uninsured deposits could be used in future bank failures provided global rule-makers agree on a common approach. This is another reason to get the hell out of banks and into real assets; such as gold and silver. For example, just imagine if Google were to convert its 48 billion dollar cash hoard into physical gold and silver. They could then develop a digital crypto-currency, like Bitcoin; however, it would be backed by physical gold.
The media is excited about the unemployment rate dropping to 7.6%; however, that is because the labor force participation rate collapsed to a 30 year low of 63.3%. The number of people, who dropped out of the labor force, increased by 663,000. The good news is that the average workweek for employees on private non-farm payrolls increased by 0.1 hours to 34.6 hours.
Obamcare To Create Jobs
Thousands of ACORN workers, that inform pimps and prostitutes how to bypass laws, will be paid 20 taxpayer dollars an hour, to misrepresent Obamacare options to screw Americans, and likely help illegals, starting October 1st. Officials in California want 21,000 of these navigators to help guide the ObamaCare Titanic into the financial iceberg.
Worldwide physical demand for silver is surging and the U.S. Mint may have to halt sales again. Now, people have to be on the lookout for fake Silver Eagles made of tungsten. The fakes are slightly thicker and one gram lighter. In short, be careful when purchasing any physical silver or gold.
A Preview Of When It Hits The Fan
A small Mexican town had enough of a corrupt police force and drug gangs running amok. To that end, the citizens captured, murdered, and proudly displayed the bodies of men who tried to loot the town. Now, the town is setting up road blocks, arresting police officers, and searching homes for weapons. Could this happen in your town… If there is a fiscal collapse… Yes, therefore, be prepared accordingly.
DHS Ammo Stockpiling Myth
It may be that all those stories about the DHS stockpiling 1.6 billion rounds of ammo may be overestimated. In fact, the DHS may have only ordered 800 million rounds, in a variety of calibers, over a five year period. Of course, when government officials are not honest, then the people have the right to be suspicious. Vigilance is the price for liberty.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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