Pump It Like It’s 2019
The Fed’s balance sheet, which is fast approaching 4 trillion dollars in total assets, won’t return to normal until sometime between mid-2019 and mid-2021, according to the Fed. So, we are to believe that the Fed will back to normal at the end of seven years? Yeah, right!
According to William Kaye, we may be getting ready to see the greatest short squeeze of gold in modern financial history. He agrees with Andrew Maguire that the LBMA is pulling off a paper charade when it comes to gold and it will eventually collapse. While the mainstream media lampoons Maguire, what is going on behind the scenes is a lot of naked selling to prolong this financial ponzi game.
Each U.S. taxpayer now has a federal-debt liability of 1.1 million dollars and it is rising. Including unfunded liabilities, Medicare and Social Security are the main driver for the 126 trillion dollar debt. Needless to say, Obamawreck is going to add onto this figure big time.
Home Sales Plunge
According to a report from the National Association of Realtors, home sales plunged significantly in the month of September. So much so that the 5.6% drop is the single largest drop in signed home sales in 40 months.
29 Facts About Poverty In The U.S.
Here are a few…
1. A record 1.3 million students attending public schools are homeless.
2. 49.2% of Americans are receiving government benefits in some form.
3. 1 out of 5 American families are on food stamps.
4. More than 37 million Americans are now being served by food pantries and soup kitchens.
You may be light years ahead Eugene Fama, a Nobel laureate, the winner of the 2008 Morgan Stanley-American Finance Association Award, and a world renowned economist – who says that financial bubbles do not exist. He says this, despite centuries of evidence from the tulip bulb in 1637 to the U.S. housing bubble. Bubbles do exist because people are greedy and panic in the market place. Perhaps, people should stop listening to economists.
Real Estate Trend
So, what is the latest real estate trend for those who can afford it? Moats! Yes, not only are they nice to look at, they make a great security feature to help keep the mobs of hungry people at bay. Is it me, or are we going medieval?
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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