London Gold Vaults Closing
HSBC is closing all seven of their gold vaults in London. According to Gerald Celente, if they are closing down all the vaults, where is the gold going? Who will be the new custodian to continue the paper gold manipulation? China, as they take control of the physical… If any exists.
Jack Lew is informing Congress that the debt limit will be reached on March 16th. So, look for the best paid-off Congress to kick the can down the road until they can’t.
Treasury Note Dollar
According to Jim Willie, in order to get out the current dollar situation, the Treasury will introduce a new Treasury Note Dollar that will replace the Federal Reserve Note. He goes on to say that there will be an immediate 30% devaluation of that dollar which will result in a 42% increase on imports. In addition, the trillion dollar deficit each year will have to be addressed or there will be a 10-20% devaluation every single month.
The labor force participation rate, currently at 62.8%, has hovered at a 37 year low for the past 11 months. In addition, in February, about 92.9 million people did not participate in the labor force – which is up from 80.5 million when Obama first took office in January 2009.
A number of right-wing Republicans, long wary of Boehner, want to oust him as Speaker of the House. Unfortunately, Boehner’s allies, the Democrats from across an ideological spectrum, will support him as Speaker. This goes to show that we really do not have a two political party system.
According to Charles Krauthammer, Hillary Clinton is running on the Clinton name and the recent criminal act, that could land her in jail for a year, shows a woman who parses words, skirts the law, the operates outside of rules. Well Duh!!! Of course, if her name were Nixon or Bush, the situation would be very different… Right Hillary? What difference, at this point, does it make?
Google may be considering a new algorithm for ranking its search results. If implemented, those sites that Google says print the truth would come up first in user searches, while those sites, Google thinks stray too often from the truth, would be buried on a later page. Who needs a ‘Ministry of Truth‘ when we have Google?
Whether a Canary Island event or a possible meteor hitting the Atlantic in September, the 300-to-400 foot tsunami generated could kill millions on the east coast. Today, about 10,000 major near earth objects have been discovered by scientists, and approximately 10% of them are one kilometer or larger in size. It’s not a matter of if, but when, one will hit our world that is 70% covered with water.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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