Hyper Report - 101203

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First...
Chinese Gold Imports Surge By 500% Through October
China, the world's biggest gold producer, has been importing gold and it has jumped by over 500% in the first 10 months compared to 2009 on concerns of inflation. Imports gained to 209 metric tons compared with 45 tons for all of 2009. It would be nice if they could do the same with silver imports... Speaking of Silver.

Next...
Want JP Morgan to Crash? Buy Silver
The campaign to buy silver, by Max Keiser, to force JP Morgan into bankruptcy could work, because of the liabilities accrued by its short-selling. This story has gone main-stream.

Next...
Bank Of America Sets Up Swat Team To Combat Wikileaks
It appears that Bank of America, and not JP Morgan, may be the target of the upcoming Wikileaks disclosures detailing possible illegal and unethical behavior. To that end, Bank of America, has set up a legal swat team in case they are indeed the target. I guess the new Bank of Americas motto is "We have nothing to hide or fear while hiding behind our army of lawyers."

Next....
Goldman Sachs Forecasts Gold Prices
Goldman Sachs expects gold prices to peak at $1,750 in 2012 and sees strong U.S. economic growth in 2011 and 2012 as real interest rates begin to rise. They also forecast gold to rise to $1,690 within the next 12 months. Personally, I believe gold's price will be a lot higher. Also, just how do they believe the U.S. will have strong economic growth?

Next...
Delaying Tax Vote Could Crash Stock Market
If Congress does not vote to extend the Bush tax cuts, investors wanting to lock in gains at the current lower rate, will spark a stock market sell off starting December 15th. With record-breaking insider selling going on for months now, are they seriously going to blame the sell-off on this? Give me a break!

Next...
Heating Bill Assistance Funds Quickly Depleted
Despite the freezing temperatures, hundreds in Marietta, Georgia, many of whom spent the night in the parking lot, waited to apply for federal aid to help pay their heat and power bills this winter. While over 500 were granted appointments; sadly, dozens were turned away because funds were depleted.

Next...
Jimmy Carter Lies on NPR
Jimmy the dictator loving ex-president Carter stated on NPR radio he never criticized the Tea Party movement, despite calling them racists in 2009 on an NBC interview with Brian Williams. There might be a logical explanation... Perhaps, he believes calling people racists is no longer a criticism.

Next...
FCC Commissioner Calls For Greater Regulation of News Media
The liberal FCC Commissioner, Michael Copps, wants oversight of the news media. He claims that people are not getting essential news and information they need. Translation "The news media are not towing the big government is wonderful tow line." What does he have against freedom? Joseph Goebbels would be so proud of him.


Finally, please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day

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