Hyper Report
This Blog is set up to give regular, and very brief, updates on what is going on in the world and how it will affect people's lives. This channel emphasizes the importance of preparing for the near future.
02 May 2011
Hyper Report - 110502
First...
U.S. Treasury: China Has Decreased Its Holdings of U.S. Debt
Since September 2008, China has been the largest foreign holder of U.S. debt; however, since last October, they have decreased their holdihttp://www.blogger.com/img/blank.gifhttp://www.blogger.com/img/blank.gifngs from 1.17 to 1.154 Trillion dollars. With the S&P downgrade and the fiscal irresponsibility from Washington, look for continued withdrawal, especially since they may be planning to drop 1/3 of their foreign reserves, i.e. Dollars and euros, to purchase gold.
Next...
3 Weird Things About Tonight's Huge Silver Selloff
The US has not solved it's deficit or debt problems. China and India are still buying silver like mad; and there is backwardation. So, why the sell-off in the price of silver and other commodities virtually untouched? Officially, nobody knows; however, it looks like the same old game book with Central Banks with the inept CFTC still clueless. So keep stacking!
Next...
You Just Lost 3.7% of Your Savings in April
The typical person having U.S. dollars in savings lost 3.7% of the perceived value. On the other hand, they would have seen significant gains in precious metals. Even with the recent sell-off.
Next...
Gas Prices Jump to $3.91 a Gallon, Heading to $4
Drivers in 22 states are paying more than the national average of $3.91 per gallon at the pump. In Alaska, California and Connecticut they are paying $4.20 or more. Do not look for relief in gas prices and forget gas going below $3.00 ever again.
Next...
Are States' Pensions the Next Crisis?
The Pew center estimates that government pension funds and health care programs are underfunded by more than $1.2 trillion today. They also report that that 31 states are funding their government pension funds at levels below the point, which is 80%, most experts consider safe.
Next...
Wal-Mart Adds Guns Alongside Butter
To the displeasure of many gun confiscation enthusiasts, Wal-Mart, is quietly bringing back rifles, shotguns, and ammunition to 100's of its stores. The world's largest retailer had stopped those sales five years ago, citing diminishing sales. Of course with a government run amok in deception and lies, people are beginning to wake up and arm themselves against what they see as a repressive government who ignores the constitution.
Next...
Texas Bill Would Make Invasive Pat-Downs a Felony
Looks like the state of Texas is going up against the Department of Insecurity under Janet Incompentano. A Bill has been sponsored that would make it a felony, unless there is probable cause, for TSA pedophiles, err agents, to internally touch someone's private parts. TSA spokesman Nicholas Kimball says that current security measures are the best ways to mitigate the risk of terrorism. Right. Not to mention ignoring the constitution.
Finally,
Please prepare now for the developing economic and social unrest. Good Day
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