Eurozone Manufacturing Shrinks for 11th Month
Germany, similar to France, showed its manufacturing sector contracted at its fastest pace in three years last month. France and Spain were either at or close to the steepest decline in manufacturing since mid-2009. In addition, unemployment across the European bloc rose to a euro-era high of 11.2%. So, the situation continues to deteriorate.
UN Conference Fails to Agree to Arms Trade Treaty
In some very good news, the UN has failed to agree on their agenda for confiscation of guns. Although the battle is not over by a long shot, we can at least breath easy for a day or two.
COMEX Open RAID!
Before the Fed announcement, there was a massive paper short raid on the COMEX. Both gold and silver prices plunged; and with that, an excellent buying opportunity to collect more physical. As the pressure of reality of limited supply escalates, the manipulation will become even more desperate; thus, after preparing, keep stacking physical.
Central Bank Action Won’t Stop Global Slowdown
Globally, the GDP data has been weak. In an attempt to stimulate growth, central banks, globally, have been cutting interest rates; however, it is not working; thus, expect to see these Central banks gear up their printing presses. Since they have painted themselves in the financial corner, what else can they do at this point?
Do We Really Need To Audit The Federal Reserve?
This fact-check video summarizes the role of the criminal enterprise known as the Federal Reserve. The Federal Reserve was not designed to support the American People or the U.S. Constitution. It was designed to stealthily transfer wealth, from the many to the few. In short, the best way to rob a bank; thus the taxpayers, is to own one, or to control all of them. What should happen is that the FED should be shut down… plain and simple.
65 Signs That The Economic Collapse Is Already Happening
Here are a few…
1. The U.S. has lost more than 56,000 manufacturing facilities since 2001.
2. The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.
3. Medicare spending increased by 138 percent between 1999 and 2010.
A Glimpse Into Our Future?
Droughts devastating crops, dust storms hitting cities like Phoenix, and massive power grid failure – like those affecting over 600 million people in India… Could be a harbinger of things to come. A scientific study has been published that says that the western U.S. could be facing a “100-year drought.” Heat and wildfires are also absolutely ravaging Russia right now. To add to this, my ice-maker in my refrigerator just jammed. Oh, the horror.
To paraphrase Martin Luthor King Junior, judge a person by the content of their character and not the color of their skin. In 2008, many black pastors around the country told their congregations that Obama best represented their hopes and aspirations. Four years later, after Obama’s own actions clearly contradicted many of those same church congregations, the credibility of those same pastors should be in the proverbial garbage can.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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