130723 – Justice RIP

Today’s Items:

New Record High Euro-zone Debt

The good news is that Estonia has a debt-to-GDP ratio of 10%.     The bad news is that the Euro area has gone from 88.2 to 92.2% in one year.    Greece leads the pack, in a bad way, at 160.5% with Italy and Portugal coming in next at 130.3 and 127.2% respectively.

Foreign Banks And Brokers

Transferring some assets beyond the borders of the U.S. is being recommended by a number of financial advisers.    Unfortunately, because of growing IRS tyranny, foreign banks and brokerage firms don’t want custody or management of assets owned by anyone who is either a US citizen or resident!     Hence, another reason, after preparing, to keep stacking physical and hide it like a pirate.

Gold Backwardation Goes Mainstream

Gold futures markets have been flirting with backwardation for a year or so.   In addition, lower gold prices, that is making it easier to demand delivery, is making the problem more intractable.   As a result, articles are appearing in the mainstream media; such as, the one from Reuters indicating that demanding for physical metal is now far outweighing supply.    Let’s see how long before people realize the phrase “far outweighing supply.”     Well, at least no nation is about to switch to a gold backed currency yet.

Gold Backed Yuan Currency

Could the People’s Bank of China be on the verge of switching the reference point for its yuan currency from the US dollar to gold?   That’s the rumor circulating in the Far East.     By doing so, it would immensely destabilize the global financial system.      Whether a gold backed yuan would work may be doubtful; however, it is better than the sinking dollar.

No Justice

The Department of Justice told a federal court this week that the NSA’s spying “cannot be challenged in a court of law.”      Also, they told a federal court that the courts cannot review the legality of the government’s assassination by drone of Americans abroad.      If you get the feeling that the justice system is now extinct, you may be right.

Boehner Can’t Stand For Issues

When it comes to immigration, along with other issues…    House Speaker Boehner is again showing the yellow running down his back.     He claims that he cannot stand on issues because it makes his job, as House Speaker, harder.     Gee, Boehner, if you really believe the job is so hard, please do the country a favor and resign!

Government Pensions… Gone!

From police, firefighters to teachers, if you are a government worker, then the City of Detroit is the template of how your public pension will simply disappear.    Detroit had no money in pensions, and with a bankruptcy, one may just simply forget those city pensions.   In short, most government workers around the country are screwed and they don’t know it…   Yet!

Finally, please prepare now for the escalating economic and social unrest.    Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.    ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.    No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.    Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.


2 thoughts on “130723 – Justice RIP

  1. It’s a pity you don’t have a donate button!
    I’d certainly donate to this excellent blog! I suppose for now i’ll settle for book-marking and adding your RSS
    feed to my Google account. I look forward to fresh updates and will share this blog with my Facebook group.
    Chat soon!

Please leave a reply...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s