Sleeping in Cars
In the UK, some commuters have resorted to sleeping in their cars rather than driving home from work to save money on gas according to a survey. Needless to say, it is also highly likely that this is also happening in the US as well. How long before people are pitching tents outside of the places for employment?
True Gold & Silver Price
According to Robert Fitzwilson, the first items to be confiscated would be the pools of retirement money. In addition, estate and death taxes would be elevated to increase government revenue. In turning to gold and silver, suppression, to allow for central banks, around the world, to acquire physical is the name of the game. When ready, there will be a cataclysmic reordering of all fiat currencies. Investors need to do what the powerful are doing and that is to acquire physical, not paper, gold and silver.
Massive Silver Short Positions
John Embry believes that the limitations and physical tightness in the silver market will overcome these massive paper short positions which have been dominating the market for years. The fact that the penny and nickel are being phased out is a sure sign of the effect of inflation; thus, after preparing, keep stacking physical.
It turns out that Apple, with its $122 billion in cash reserves, could buy, at $1900 an ounce, the entire known gold reserve of China, at about 1054 tons, and still have about $58 billion left. Talk about an absurd amount of cash reserve. Something for the politicians to think about with the national debt.
IRS’s Obamacare Rules
Well folks, bend over because the IRS has come up with 159 pages of rules for Obamacare. Now, the these rules apply for people who make more than $200,000; however, it will affect business expenses and force more people into the unemployment line.
Fast and Furious Fall Guy
Gary Grindler, the Chief of Staff for the racist Attorney General Eric Holder, will resign for his involvement in Fast and Furious. Yes, Gary did not go down to Mexico and gloat over Fast and Furious like Holder, and afterwards, perjured himself before the US Congress that he knew nothing of the operation. But, what are friends for? Hey Gary, do you get a pardon for the hundreds of murders and massacres committed, in both the US and Mexico, because of operation as well? You better get it in writing or you will be meeting your new roommate… Bubba.
The Young Want Big Government
According to a Pew Research poll, 59% of young Americans under the age of 30, want bigger government. This percentage is much higher compared to the 44% among all voters. The educational indoctrination system has appeared to work and was apparently instrumental to Obama’s re-election. It will be interesting how these same young adults will feel when they have no job, no money, and the all-giving government turns tyrannical. The real divide in this country is not between the rich and poor. It is between those who earn their money from voluntary sources and those who get theirs from people against their will.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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