According to Stephen Leeb, silver is vital for the Chinese to achieve the target of generating 70 gigawatts in photovoltaics. This means the price of silver is going to have enormous momentum behind it when it starts moving.
The next crash will be big because we already have zero interest rates, cheap easy money, and massive stimulation. We are seeing signs of a stalling economy as illustrated by corporate profits dropping 10% and a GDP of -2.9%. So, does one continue to buy into an all time high stock market with shrinking corporate profits or gold and silver when they are low?
17 Facts About American Jobs
Here are a few:
1. Only four of the twenty fastest growing occupations in America require a Bachelor’s degree or better.
2. One out of every ten jobs is now filled by a temp agency.
3. In terms of median wealth per adult, the U.S. ranks 19th in the world.
4. 76% of all Americans are living paycheck to paycheck.
No Food or Water
One in six New Yorkers are in a home where there is not enough money to put food on the table. Adding to the hunger crisis in New York is the fact in Detroit, thousands are going without water – which is a similar situation for people in drought stricken Las Vegas. This may be what is to come for the rest of America.
While a report on the New York firearm buyback program, that offered pre-paid credit cards, resulted in a collection of 30 unused or unwanted shotguns, rifles and handguns, according to those on the scene, many of the firearms were in fact broken BB guns and other pellet guns. The backlash against the New York Safe Act mirrors what happened in Connecticut.
Student Loan Interest
As of July 1st, new college students will see their student loans increase from 3.86% to 4.66%, or a 20% increase. Needless to say, with this economy, one can expect student debt to skyrocket. Will those students, who cannot pay their loans, be forced into government service? We will see.
It’s About Time!
IRS attorneys will be even busier than normal next week because a U.S. District Court judge is considering letting an outside expert to probe IRS emails in relation to the so-called destruction of all hard drives and backups of Lois Lerner’s emails.
It a palm in the face moment when people actually believe that John Wilkes Booth and Joseph Stalin were great Americans. Mark Dice clearly displays peoples knowledge, in his latest video, as we also learn that Abraham Lincoln discovered America in 1492. What more needs to be said?
Finally, please prepare now for the escalating economic and social unrest. Good Day!