Today’s Items:
First…
Negative Interest
http://www.bbc.com
The European Central Bank has introduced a raft of measures to force people to spend their euros. This includes negative interest rates; such that, banks charge their victims err… suckers err… customers to hold their cash. If this is the case, perhaps Europeans should just spend it on food, supplies, and physical gold and silver and let the system crash.
Next…
Missing
http://www.zerohedge.com
Chinese banks are scrambling after ‘discovering’ thousands of tons of rehypothicated copper and aluminum are missing. This could be the straw that wakes people up to fraud that are the gold and silver markets on a global scale. Like MF Global, are we going to hear how all of this just ‘vaporized?‘
Next…
Displacing Dollar
http://blogs.ft.com
China’s Renminbi is rapidly displacing the U.S. dollar as a trading currency not only in Asia and Europe but now also in the U.S. home market. One reason is that importers can cut cost of imports from China by using the Renminbi as opposed to dollars.
Next…
Food Inflation
http://www.bullionbullscanada.com
For the vast majority of Americans; who actually go to the grocery store, “food inflation rate” is the inflation rate. Reluctantly, officials at the U.S. Department of Agriculture recently announced that U.S. food-inflation has exploded this year. Just until May; beef/veal prices have already risen by 10%, which works out to an annual inflation rate of 22%. The USDA blames the California drought; however, data from the State government for California totally contradicts this.
Next…
Dark Pools
http://wallstreetonparade.com
The Financial Industry Regulatory Authority has released data showing that the biggest Wall Street banks are trading their own shares to the tune of tens of millions of shares a year. Maybe its because no one else wants their stock that may really deserve a junk rating.
Next…
iPhone
http://venturebeat.com
Each iPhone 5 contains $1.58 in gold and 36 cents in silver. Calculating the cost per ounce, the iPhone has .001 ounces of gold and .013 ounces of silver. To date, 89,000,000 iPhone 5’s have been sold. This means that nearly 90,000 and 1.2 million ounces of gold and silver, respectively, have been consumed. Now imagine the gold and silver in all the smart phones and electronic devices!
Next…
12 Reasons for Using Apple Cider Vinegar
http://readynutrition.com
Here are seven without detail…
1. Improved digestion
2. Heartburn, intestinal problems and constipation
3. Strengthen your immune system
4. High blood pressure
5. Weight loss
6. Regulate blood sugar and aid in diabetes
7. Skin benefits
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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