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.
11 October 2010
Hyper Report - 101011
First...
US Job Losses Drive Markets Higher on Stimulus Hopes
We lost 95,000 jobs, more than 20 times expected, and yet the Dow Jones rose above 11,000? With the Stimulus and the Federal Reserve, we can expect more back door bailouts for the Wall Street and quantitative easing which will make the currency more and more worthless.
Next...
Here's Why Gold Could Shoot To $8250
Using the Bretton Woods formula for valuing money in a gold-exchange regime, or the fixed value of a currency equaling its monetary base divided by official gold holdings. The exchange rate of the U.S. dollar to an ounce of gold would be about $8,250 presently. Essentially, divide the $2.15 trillion in the U.S. Monetary Base in September by the 261.5 million ounces (8,133 tons) in U.S. Gold holdings and you get a number about $8250 for an ounce of gold.
Next...
Silver Price Manipulation: 'Public Deserves Answers'
US regulators have been urged to reveal the results of a two-year-long investigation into silver and gold price manipulation. The investigation was based on a claim that large traders, like banks - (perhaps JP Morgan?), had been selling huge amounts of paper silver on the futures market to keep prices down.... Essentially selling silver they do not have... called naked short selling. Also, let's not forget the 100:1 ratio mistaken blunder at the CFTC meeting back in April.
Next...
Soaring Prices Threaten New Food Crisis
Fears of a global food crisis swept the world’s commodity markets as prices for staples such as corn, rice and wheat spiraled after the US government warned of “dramatically” lower supplies. The amount of Corn will hit the lowest level in 14 years. Wheat and soya production is down dramatically as well. If you haven't already addressed this issue for you and your loved ones, please do so now.
Next...
Democrat Bastions Besieged by GOP
Republican challengers are suddenly threatening once-safe Democrats. With that said, the Democrats still have a huge financial arsenal and the Mainstream media on their side. In addition, you can count on Eric Holder to quietly support the now empowered Black Panthers and labor union thugs in terrorizing voting areas.
Next...
Overestimate Fueled State's Landmark Diesel Law
By 340%, California overestimated the pollution levels from diesel emissions. Was this by accident? I have my doubts, because by overestimating, wrongful fines and fees have brought a lot of money into the California State government. Expecting a refund for this mistake... Don't count on it.
Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day
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