120803 – PMs Price Spark By Debt Downgrade?



Today’s Items:

First…
Vietnam’s Central Bank War on Gold
http://therealasset.co.uk

While other Central Banks publicly pretend that gold is only tradition, the Vietnam Central Bank has come out and said it is protecting Vietnam’s ever-depreciating currency.   Despite their crackdown on gold transactions, at least this Central Bank is more honest with their victims than the Fed or the ECB.

Next…
Gold To Explode Higher As US Debt To Be Downgraded
http://kingworldnews.com

James Turk believes that the Fed is no longer in the driver’s eat. The reality is the Fed is losing control. The 800-pound gorilla in the room is the US government’s horrendous deficits and addiction to debt. Only a spark is needed to get a rocket launch in physical metal prices… Perhaps that spark could come from a downgrade.

Next…
Flood of Errant Trades Is a Black Eye for Wall Street
http://www.nytimes.com

A so-called “rogue” algorithm repeatedly bought and sold millions of shares of companies like RadioShack, Best Buy, and Bank of America. That is the official explanation being put forth by those trying to subdue the renewed attention to manipulation in the markets. Anyone who honestly believes that it was a “technology issue” should have their brains examined. It was a planned manipulation that just went off at the wrong time. The wrong time; in that, everyone was watching.

Next…

Major Wave of Municipal Bankruptcies Has Begun
http://globaleconomicanalysis.blogspot.ca

San Bernardino, California, after disclosing a $46 million shortfall in the city’s budget, filed for municipal bankruptcy. One of the main problems is the high cost of the city’s union contracts which set this city, and others in the near future, for failure. Scores of other cities nationwide will eventually do the only thing that makes sense: file for bankruptcy to escape pension promises and union salaries that cannot possibly be met.

Next…
USDA Alert
http://www.shtfplan.com

The persistent drought across the country has ravaged crops to the extremes that thousands of farmers and ranchers are on the verge of financial ruin. Farmers, who cannot harvest crops, cannot make good on loans. Food supplies across the country – for animals and humans – are literally drying up. Meanwhile, most of the American public is interested in the new Justin Bieber video where he gets beat up.

Next…
US Factory Orders Fall Again, Pointing to Softer Outlook
http://www.cnbc.com

Officials at the Commerce Department stated that new orders for manufactured goods dropped 0.5 percent. The report showed broad weakness across industries making everything from machinery and appliances to cars and electronics. The overall decline was tempered by a 14.2-percent increase in new orders for civilian aircraft.

Next…
GM Profits Slip 41%
http://www.guardian.co.uk
http://www.michigancapitolconfidential.com
http://nlpc.org
http://news.investors.com

Now we have a better understanding why Government Motors wants sub-prime car loans. They are sinking and they are sinking fast. Yes, they made $1.5 billion in profit in the second quarter of 2012; however, how much of that was from government subsidies and other government shenanigans? Another reason to never to buy a GM car.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only. ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied. No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes. Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.

120711



Hyper Report encourages looking into the gold investing at GoldStockBull.com.


Today’s Items:

First…
Debt crisis hangs over EU-China meeting
http://www.thesundaily.my

The third EU-China  fright fest summit, over the Europe’s crippling debt crisis and the downturn in China’s economy, will pave the way for yet another summit in Brussels later this year.   Just how many summits are going to be before everyone comes to the same conclusion? Everyone is broke and no amount of band-aids, like lifting restrictions on Chinese exports, blah, blah blah, is going to fix this.

Next…
NY Fed May Have Known About Libor Fixing in 2007
http://www.cnbc.com
http://www.zerohedge.com

According to a statement from the Federal Reserve Bank of New York, which was under the control of Little Lying Timmy Geithner in 2007 and 2008, they were aware of Barclays LIBOR problems.  Aware of it!?!   More like helped it along; such as, the “Fixing LIBOR” meeting on the 28th of April 2008. This criminal syndicate is getting more obvious by the day. Speaking of criminal syndicates…

Next…
CFTC Finally Gets The Memo
http://www.zerohedge.com
http://www.reuters.com

The day after PFGBest announced that $200 million in customers accounts has just vaporized, the CFTC decided to implement operation CYA and file a meaningless lawsuit.   Of course, this is more than what they did with MF Global.   At any rate, we may yet see some headway into those silver manipulation investigations. Right!(Sarc!)   Now, let’s look at yet another criminal enterprise…

Next…
Tax Dollars Inflate Government Motors Sales
http://newsbusters.org

Government Motor’s rocket car sales of 16% in June are directly attributed to government purchases.   So, not only are taxpayers conscripted to GM’s bailout of $50 billion, but now, the taxpayers are directly paying for those union worker salaries.

Next…
Why Do So Few Investors Seem to Understand the Silver Story?
http://www.silverseek.com

Silver prices have risen 10-fold in a decade, yet there are not a lot of investors. With all the paper ponzi schemes coming to light, there is going to be a sudden and massive rush into physical, and when that happens… A lot of it will already be in strong hands.

Next…
Texas Rejects Obamacare Provisions
http://ca.news.yahoo.com

Texas will not implement an expansion of the Medicaid program or create a health insurance exchange.   This makes Texas the most populous state that has rejected the provisions.  Rick Perry said he would not be a party to socializing healthcare and bankrupting his state.   To get a health insurance exchange in Texas, Washington is going to need some Obama money.

Next…
Calls to Destroy Egypt’s Great Pyramids Begin
http://frontpagemag.com

You just can’t make this stuff up folks…   According to several reports in the Arabic media, prominent Muslim clerics want the Great Pyramids, that have stood for centuries, gone.   The All Seeing Eye will not be pleased.

Finally, Please prepare now for the escalating economic and social unrest. Good Day

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only. ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied. No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes. Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.