http://blogs.ft.com/gavyndavies/2012/07/06/global-slowdown-raises-bigger-issues-for-policy/#axzz1zTAlLXMI?ftcamp=crm/email/201276/nbe/ExclusiveComment/product
The link takes you you the Financial Times in London where they still appear to tell the truth about the world.
Better to get your news from out of country..unlike our own liberal newspapers and television which are best at promoting "unqualified" candidates for office and spilling lies about why we are in the shape we are in. They are the results of the 60's generation in power of opinion shaping. From where I sit the only thing they have accomplished is never letting the truth get in the way of the agenda towards socialism and communism.
I can tell you why we are in the shape we are in.
1) In the 60's, the wave of teens changed the culture instead of the normal way of the culture changing the teens.
2) Government policies have rewarded Wall Street, punished the middle class and stifled productivity in the name of growing a larger government and transferring your wealth to someone else who did not earn it.
3) The Federal Reserve are thieves in dark suits, operating a game which began in 1913 as the creation of a central bank...with the ability to transfer and create wealth to a select few without challenge and at the expense of the nation and the world who use the money as reserve currency.
4) Runaway benefits to those who do not deserve it or paid in to receive them.
5) Failure of schools to teach at a higher standard, allowing minimal standards to pass masses through the system. The most expensive education system in the world produces students who are ranked 17th in the world. Go figure...
6) Failure to protect our sovereignty, both at the boarders and in dilution treaties with the United Nations...who's agenda is a "one world order" at the expense of the blood paid for our freedom.
Better pack well. It's going to be a long and bumpy ride.
Friday, July 6, 2012
Monday, May 21, 2012
Monday, May 14, 2012
Gold and Silver Index Set to Rebound
http://www.google.com/finance?q=INDEXNASDAQ%3AXAU
Check out this chart on the gold and silver index representing the largest basket of stocks related to the metals.
It shows from a high of 230 it has had a stead downward pressure to reach its current price of 151. It has dropped each day since and has not shown an upward sign...until today.
If it starts the swing upward it will signal the gold era is upon us and gold could go well past the current highs to 2500/oz and beyond. Silver will also make a shift higher to once record levels of $50/oz. The only difference this time is that once the truth is out how bad the economy really is, the metals will soar. This will happen during the countdown to the election 2012 and beyond.
Is your position taken in gold and especially silver?
Are you poised to receive the largest transfer of wealth in history?
Or are you on the sidelines waiting for the rest of the herd to start moving. If you wait like the herd, by the time you get to the purchasers window you will have lost 40% gains if not more.
Don't be that person who says,"Gee I wish I had bought a lot sooner at the bottom of the curve".
Business Lesson 101: Buy when everyone is selling...and sell when everyone is buying.
Check out this chart on the gold and silver index representing the largest basket of stocks related to the metals.
It shows from a high of 230 it has had a stead downward pressure to reach its current price of 151. It has dropped each day since and has not shown an upward sign...until today.
If it starts the swing upward it will signal the gold era is upon us and gold could go well past the current highs to 2500/oz and beyond. Silver will also make a shift higher to once record levels of $50/oz. The only difference this time is that once the truth is out how bad the economy really is, the metals will soar. This will happen during the countdown to the election 2012 and beyond.
Is your position taken in gold and especially silver?
Are you poised to receive the largest transfer of wealth in history?
Or are you on the sidelines waiting for the rest of the herd to start moving. If you wait like the herd, by the time you get to the purchasers window you will have lost 40% gains if not more.
Don't be that person who says,"Gee I wish I had bought a lot sooner at the bottom of the curve".
Business Lesson 101: Buy when everyone is selling...and sell when everyone is buying.
Saturday, April 28, 2012
Primer on Civil Liberty and Founding Principals
http://www.educationorders.com/hillsdalepress/UserSOrderPad.aspx?category=1
Here is the information you need to get the word out to as many people as will listen...in any way you can reach them.
If this information is not taught in our schools, than I have no reason to pay for those same schools.
Here is the information you need to get the word out to as many people as will listen...in any way you can reach them.
If this information is not taught in our schools, than I have no reason to pay for those same schools.
Tuesday, April 17, 2012
LED Market Is Wide Open and Getting Exciting
"The U.S. Department of Energy expects to phase out tungsten bulbs by 2014, and compact fluorescents by 2020, leaving LEDs with virtually the entire market."
If this is the master plan and I suspect it is, Our world will be quite different in a few years. 2014 is two years away and this means all outside lighting will be virtually changed. So will you are looking at that fluorescent light fixture for the bathroom, understand it is toast when you buy it in some 8 years.
http://techportal.eere.energy.gov/technology.do/techID=216
http://techportal.eere.energy.gov/technology.do/techID=216
Link to opportunity to license a LED technology.
If this is the master plan and I suspect it is, Our world will be quite different in a few years. 2014 is two years away and this means all outside lighting will be virtually changed. So will you are looking at that fluorescent light fixture for the bathroom, understand it is toast when you buy it in some 8 years.
http://techportal.eere.energy.gov/technology.do/techID=216
http://techportal.eere.energy.gov/technology.do/techID=216
Link to opportunity to license a LED technology.
Sunday, April 15, 2012
Friday, April 6, 2012
Minsky Moment_I think this understates what's to come.
According to Wikipedia, (bold emphasis added)
"A Minsky moment is the economic phenomenon that occurs when over-indebted investors are forced to sell good assets to pay back their loans, causing sharp declines in financial markets and jumps in demand for cash.[1][2] In any credit cycle or business cycle it is the point when investors begin having cash flow problems due to the spiraling debt incurred in financing speculative investments. At this point no counterparty can be found to bid at the high asking prices previously quoted; consequently, a major sell-off begins leading to a sudden and precipitous collapse in market-clearing asset prices and a sharp drop in market liquidity.[1]
The term was coined by Paul McCulley of PIMCO in 1998, to describe the 1998 Russian financial crisis,[2] and was named after economist Hyman Minsky. The Minsky moment comes after a long period of prosperity and increasing values of investments, which has encouraged increasing amounts of speculation using borrowed money.
Some, such as McCulley, have dated the start of the financial crisis of 2007–2010 to a Minsky moment, and called the following crisis a "reverse Minsky journey"; McCulley dates the moment to August 2007,[3] while others date the start to some months earlier or later, such as the June 2007 failure of two Bear Stearns funds.
The concept has some parallels with Austrian business cycle theory[4] although Minsky himself was known as a Keynesian and is identified as a post-Keynesian.[5] "
"Easy Money" as described in the article above, is not what you might think. It was not money created out of thin air, or money created out of some profit from past dealings.
No.
The money the writer was talking about is money that came from retirement accounts, pension funds and the life's work of thousands.
Money you spent your life obtaining from working 9 to 5 at some place you would rather not be at...perhaps doing work you became good at, but not your passionate dream. Maybe it was, but no matter.
No. The money is the collection of the life's work of thousands, maybe hundreds of thousands. It's all stored production - and its all being used to "speculate" for the benefit of the fund manager and his firm. The system always wins. Money managers risk your money on your behalf, not theirs. If it all comes apart, they might lose in the long run and even be replaced if the trend continued, but in the short run it is you that loses personally in the transaction.
So the lesson here is; the system always wins in bull and bear markets. You win when it rises and loose when it falls. In the fall, the money is absorbed and transferred to the Fed and to those who shorted the fund. For you to win, you must not play...or at least pull out when it is up. But few people really have the tools and the timing to sell when the market is up. Instead they "let it ride."
The ride ends when you have no principal left. The ride ends when the currency it is based on inflates away to nothing. The ride ends when those with greed absorb your life's work.
You would have been better off to bury gold in the back yard. At least you would be in control and protected from greed. If you had done that with each dollar you had earned over your lifetime, today your portfolio would be worth some 70 times its value. For most that would mean millions in value.
Get off the roller coaster and buy gold or silver. It's the only true real money that has stood the test of time for thousands of years.
"A Minsky moment is the economic phenomenon that occurs when over-indebted investors are forced to sell good assets to pay back their loans, causing sharp declines in financial markets and jumps in demand for cash.[1][2] In any credit cycle or business cycle it is the point when investors begin having cash flow problems due to the spiraling debt incurred in financing speculative investments. At this point no counterparty can be found to bid at the high asking prices previously quoted; consequently, a major sell-off begins leading to a sudden and precipitous collapse in market-clearing asset prices and a sharp drop in market liquidity.[1]
The term was coined by Paul McCulley of PIMCO in 1998, to describe the 1998 Russian financial crisis,[2] and was named after economist Hyman Minsky. The Minsky moment comes after a long period of prosperity and increasing values of investments, which has encouraged increasing amounts of speculation using borrowed money.
Some, such as McCulley, have dated the start of the financial crisis of 2007–2010 to a Minsky moment, and called the following crisis a "reverse Minsky journey"; McCulley dates the moment to August 2007,[3] while others date the start to some months earlier or later, such as the June 2007 failure of two Bear Stearns funds.
The concept has some parallels with Austrian business cycle theory[4] although Minsky himself was known as a Keynesian and is identified as a post-Keynesian.[5] "
OK. So the availability of "easy money" causes "speculation"- and that at some point the debt spirals and cannot support the investment. A sell off begins...perhaps leading to a crash of the financial instrument itself.
Hi there and thanks for trying to understand the "greed based" world we live in.
When I read the above, I immediately realized that this was a but a "shell" of the answer to what lies ahead for most of the industrialized world - and on a personal level...what lies ahead for your retirement account and for those of millions."Easy Money" as described in the article above, is not what you might think. It was not money created out of thin air, or money created out of some profit from past dealings.
No.
The money the writer was talking about is money that came from retirement accounts, pension funds and the life's work of thousands.
Money you spent your life obtaining from working 9 to 5 at some place you would rather not be at...perhaps doing work you became good at, but not your passionate dream. Maybe it was, but no matter.
No. The money is the collection of the life's work of thousands, maybe hundreds of thousands. It's all stored production - and its all being used to "speculate" for the benefit of the fund manager and his firm. The system always wins. Money managers risk your money on your behalf, not theirs. If it all comes apart, they might lose in the long run and even be replaced if the trend continued, but in the short run it is you that loses personally in the transaction.
So the lesson here is; the system always wins in bull and bear markets. You win when it rises and loose when it falls. In the fall, the money is absorbed and transferred to the Fed and to those who shorted the fund. For you to win, you must not play...or at least pull out when it is up. But few people really have the tools and the timing to sell when the market is up. Instead they "let it ride."
The ride ends when you have no principal left. The ride ends when the currency it is based on inflates away to nothing. The ride ends when those with greed absorb your life's work.
You would have been better off to bury gold in the back yard. At least you would be in control and protected from greed. If you had done that with each dollar you had earned over your lifetime, today your portfolio would be worth some 70 times its value. For most that would mean millions in value.
Get off the roller coaster and buy gold or silver. It's the only true real money that has stood the test of time for thousands of years.
Sunday, April 1, 2012
Tuesday, March 20, 2012
Extreme Islamist Determined To Destroy All Infidals
The news is not good...
"Arab Spring" as it was so labeled by our "Muslim in Chief", has turned into a spring board for more radical clerics to preach hatred, aggressive hostile takeovers of countries like Egypt, Syria and Jordan. Iran is the declared head of the snake. Our foreign policy has moved from a position of strength, to a position of pandering and apologizing.
I'm sorry, but I am not buying into this misguided and extremely dangerous policy. Not now...and not ever.
The only way peace with Islam has ever been existed is when Islamist believe "there is no other options available." This is the key to putting the situation under control. The only options available should be peace or annihilation....your choice. Instead we seem weak and weakness in that culture is viewed as opportunity.
China is playing a very dangerous game of being friends with most of the middle east in order to get oil. This happens under the guise of "being the other white meat", but this strategy will backfire. Islamist have a single purpose in play and it does not include China who would not bow to Islamist control, or Mohammedanism . So the conflict with China is clearly on the horizon. First they plan to get rid of Israel and the United States by any means possible and more likely from within.
Do we know what is being taught in the Mosques here in the USA? I can tell you...Quiet, Domination. One brick at a time, one convert at a time, one challenge at a time.
Like a play out of the playbook of communism. Islamist are taking ground through that most effective tool..."gradualism." One step at a time, the objectives are accomplished until someone says "Hey, look at what these people have done and are doing?"
Is that someone you....will you stand up for your beliefs, your country, your family?
I hope so before it is too late, because your in the fight of your life...whether you know it or not.
Islam and Mohammedanism is a lie.
"Arab Spring" as it was so labeled by our "Muslim in Chief", has turned into a spring board for more radical clerics to preach hatred, aggressive hostile takeovers of countries like Egypt, Syria and Jordan. Iran is the declared head of the snake. Our foreign policy has moved from a position of strength, to a position of pandering and apologizing.
I'm sorry, but I am not buying into this misguided and extremely dangerous policy. Not now...and not ever.
The only way peace with Islam has ever been existed is when Islamist believe "there is no other options available." This is the key to putting the situation under control. The only options available should be peace or annihilation....your choice. Instead we seem weak and weakness in that culture is viewed as opportunity.
China is playing a very dangerous game of being friends with most of the middle east in order to get oil. This happens under the guise of "being the other white meat", but this strategy will backfire. Islamist have a single purpose in play and it does not include China who would not bow to Islamist control, or Mohammedanism . So the conflict with China is clearly on the horizon. First they plan to get rid of Israel and the United States by any means possible and more likely from within.
Do we know what is being taught in the Mosques here in the USA? I can tell you...Quiet, Domination. One brick at a time, one convert at a time, one challenge at a time.
Like a play out of the playbook of communism. Islamist are taking ground through that most effective tool..."gradualism." One step at a time, the objectives are accomplished until someone says "Hey, look at what these people have done and are doing?"
Is that someone you....will you stand up for your beliefs, your country, your family?
I hope so before it is too late, because your in the fight of your life...whether you know it or not.
Islam and Mohammedanism is a lie.
Monday, March 19, 2012
Treasury Charts on U.S. Economy Outlook and Performance
http://www.treasury.gov/resource-center/data-chart-center/Documents/20120229_EssentialEcon.PDF
It's amazing what you can do with numbers and who you can blame for the poor economy.
It's amazing what you can do with numbers and who you can blame for the poor economy.
Saturday, March 17, 2012
Thursday, March 15, 2012
National Monetary Commission
http://fraser.stlouisfed.org/frhistory/
The history of the Fed and their creation.
Look at the documents under the National Monetary Commission about 70% down the page. Read here Link to document page 259 where it begins the "Panic of 1907."
Quite of story of Government mismanagement of the Treasury and the weak position politicians put this country through.
Sound familiar????
Only this time we are 3 O's.
More bonds and fiat currency anyone????
Is your wealth still in paper? Want to know what that paper will be good for?
The history of the Fed and their creation.
Look at the documents under the National Monetary Commission about 70% down the page. Read here Link to document page 259 where it begins the "Panic of 1907."
Quite of story of Government mismanagement of the Treasury and the weak position politicians put this country through.
Sound familiar????
Only this time we are 3 O's.
- Out of Money, (Out of gold and currency backed by real gold)
- Out of Credit,
- Out of Time,
More bonds and fiat currency anyone????
Is your wealth still in paper? Want to know what that paper will be good for?
Wednesday, March 14, 2012
Disposable Income Continues to Fall
http://pricedingold.com/us-disposable-income/
The chart shows how since about 2001 the income level has fallen.
So with rising prices from inflation and falling income (comparable to gold value), it's no wonder why people's lives are being dismantled, foreclosed or simply absent of hope.
God is always the answer and those who believe will not be abandoned.
The chart shows how since about 2001 the income level has fallen.
So with rising prices from inflation and falling income (comparable to gold value), it's no wonder why people's lives are being dismantled, foreclosed or simply absent of hope.
God is always the answer and those who believe will not be abandoned.
VIX Volatility Index/ Hard Money Reality
http://www.cboe.com/micro/vix/pricecharts.aspx
If you look at the historical charts down towards the bottom of the opening page, you can see how volatile "the markets" are on any given day and for the last 5 years.
This is an indication of where the commodity futures and the Dow are and where they are headed.
What it won't show you is how the Fed is breaking the bank to keep the lid on the inflation. With inflation tracking over 10%, the cost of everything we use will double in 6 years. Oil doubled in 3 years....go figure.
For gold to cover the outstanding money (M3) in circulation, PLUS outstanding Consumer debt, (money not yet repaid, but added to M3 circulation), Gold would need to be $18,000/ounce.
Get ready for the largest wealth transfer in the history of man.
Flash: China is planning on proposing a copper backed world currency in place of the dollar....and is placing billions on the line to do so...hording over a million tons of the yellow metal. What do they know that we don't?
If you look at the historical charts down towards the bottom of the opening page, you can see how volatile "the markets" are on any given day and for the last 5 years.
This is an indication of where the commodity futures and the Dow are and where they are headed.
What it won't show you is how the Fed is breaking the bank to keep the lid on the inflation. With inflation tracking over 10%, the cost of everything we use will double in 6 years. Oil doubled in 3 years....go figure.
For gold to cover the outstanding money (M3) in circulation, PLUS outstanding Consumer debt, (money not yet repaid, but added to M3 circulation), Gold would need to be $18,000/ounce.
Get ready for the largest wealth transfer in the history of man.
Flash: China is planning on proposing a copper backed world currency in place of the dollar....and is placing billions on the line to do so...hording over a million tons of the yellow metal. What do they know that we don't?
Wednesday, March 7, 2012
Crisis of Capitalism
http://www.youtube.com/watch?v=qOP2V_np2c0&feature=endscreen
I am getting it.
However, a U.S. sovereign currency crisis will shake the world to the roots since what happens here happens everywhere...including China.
Only one currency is on the gold standard. Find out which one...
Truly the answer is not Marxism. It is God. It is living to His rules. How quick we forget that everything we are facing was faced before.
Sadly, we don't raise society by teaching life and spiritual fundamentals...instead we teach in linear ways "institutionalized delayed gratification"...thus we create what measure and what we "incentify". Deeper regret. There are no jobs for Middle Earth Progressive Studies. There are jobs...just not the ones people want to do.
Welfare has created a class of people who know it is better to lay on the couch and create screaming little incomes, than it is to get up early, go to work and pay your bills. To take personal responsibility for your actions. To blame no one.
The answer has and will be to return to God. Learn form His book on life and practice what He taught.
I am getting it.
However, a U.S. sovereign currency crisis will shake the world to the roots since what happens here happens everywhere...including China.
Only one currency is on the gold standard. Find out which one...
Truly the answer is not Marxism. It is God. It is living to His rules. How quick we forget that everything we are facing was faced before.
Sadly, we don't raise society by teaching life and spiritual fundamentals...instead we teach in linear ways "institutionalized delayed gratification"...thus we create what measure and what we "incentify". Deeper regret. There are no jobs for Middle Earth Progressive Studies. There are jobs...just not the ones people want to do.
Welfare has created a class of people who know it is better to lay on the couch and create screaming little incomes, than it is to get up early, go to work and pay your bills. To take personal responsibility for your actions. To blame no one.
The answer has and will be to return to God. Learn form His book on life and practice what He taught.
Divergent Thinking
http://www.youtube.com/watch?feature=player_embedded&v=zDZFcDGpL4U
You will be amazed. The juncture of foundational thinking, concept, art and persuasion.
You will be amazed. The juncture of foundational thinking, concept, art and persuasion.
Endless War_Endless Debt
http://costofwar.com/en/
Take a look at this running account of the cost of war.
1.3 Trillion and counting in 2 conflicts, Afghanistan and Iraq. This figure does not account for the "war on drugs", "the war on Terrorism" or the "war on the Middle class".
Our current GDP is 14.5 Trillion. Figure 10% is being spent on war.
War does not add to GDP, (opposite of some liberal opinion). War takes away from useful production. It moves production and resources from willing buyers who bring gold (cash) into GDP to the Gov. (which spends money based on debt, inflation or collected taxes....period.)
Let's look back at how you finance a war.
For thousands of years, war has been paid for by converting gold, (maintained in the countries treasury), into the items it needs for war like ships, food, soldiers pay, guns, etc. If you did not have the gold, you borrowed it.
That's what the North and the South did during the civil war. Both needed gold and the both promising to pay back the loans made...Steel from the North, and cotton from the South. The financiers of the day from England, and Germany chose the North.
The Civil War all wars since have been financed by debt.
We, (our Gov.), have not paid for the Korean War, Vietnam, Desert Shield, Desert Storm, Iraq or Afghanistan. The war on Terror. Now, Iran is heating up.
Roughly, the cost of war if $1.43 for every $1 spent...OR endless interest paid to Federal Reserve (lender of last resort). Here we borrow new debt to pay for old debt and since the Federal Reserve created money out of think air as an accounting entry (not by the transfer of gold), the money supply (inflation) becomes increased by the cost of war. (and some want to know why the cost of gasoline has increased...it isn't totally the threat of Iran.)
A country cannot remain on a war footing forever...even though we seem to think we will be for the next 10 years or so.
This fact and the "fiat" nature of the currency (not backed by gold), will collapse the dollar. At some point it all stops.
Will you be ready? Have you transferred your assets from currency to silver...or gold? How's your food supply?
GDP is the same as a measure of jobs. What are we lacking is jobs. When it all stops, GDP will fall like a brick once the currency collapses. Do you feel like your job is safer, or more in jeopardy, then it was 4 years ago?
Case closed.
Take a look at this running account of the cost of war.
1.3 Trillion and counting in 2 conflicts, Afghanistan and Iraq. This figure does not account for the "war on drugs", "the war on Terrorism" or the "war on the Middle class".
Our current GDP is 14.5 Trillion. Figure 10% is being spent on war.
War does not add to GDP, (opposite of some liberal opinion). War takes away from useful production. It moves production and resources from willing buyers who bring gold (cash) into GDP to the Gov. (which spends money based on debt, inflation or collected taxes....period.)
Let's look back at how you finance a war.
For thousands of years, war has been paid for by converting gold, (maintained in the countries treasury), into the items it needs for war like ships, food, soldiers pay, guns, etc. If you did not have the gold, you borrowed it.
That's what the North and the South did during the civil war. Both needed gold and the both promising to pay back the loans made...Steel from the North, and cotton from the South. The financiers of the day from England, and Germany chose the North.
The Civil War all wars since have been financed by debt.
We, (our Gov.), have not paid for the Korean War, Vietnam, Desert Shield, Desert Storm, Iraq or Afghanistan. The war on Terror. Now, Iran is heating up.
Roughly, the cost of war if $1.43 for every $1 spent...OR endless interest paid to Federal Reserve (lender of last resort). Here we borrow new debt to pay for old debt and since the Federal Reserve created money out of think air as an accounting entry (not by the transfer of gold), the money supply (inflation) becomes increased by the cost of war. (and some want to know why the cost of gasoline has increased...it isn't totally the threat of Iran.)
A country cannot remain on a war footing forever...even though we seem to think we will be for the next 10 years or so.
This fact and the "fiat" nature of the currency (not backed by gold), will collapse the dollar. At some point it all stops.
Will you be ready? Have you transferred your assets from currency to silver...or gold? How's your food supply?
GDP is the same as a measure of jobs. What are we lacking is jobs. When it all stops, GDP will fall like a brick once the currency collapses. Do you feel like your job is safer, or more in jeopardy, then it was 4 years ago?
Case closed.
Tuesday, March 6, 2012
AIG's reach into the markets
Too big to fail? There is something wrong when a company get's this large. The problem is greed, power and corruption. I have done a lot of work on risk theory and risk management. The risks to mom and pops from a firm like this who will take their life savings and play God with it is 100% downside, little or no upside. Where is congressional oversight and what ever happened to enforcing antitrust laws?
(The following the reach of AIS into the markets published from NYFED:)
(The following the reach of AIS into the markets published from NYFED:)
| More than 30 million commercial, institutional and individual customers |
| More than 180,000 small businesses, not-for-profit organizations and other corporate customers |
| More than six million customers with retirement plans or accounts |
| Largest life and health insurer |
| Largest issuer of fixed annuities |
| Second largest investor in U.S. municipal bonds |
| Second largest property and casualty insurer |
| Major provider of protection to participants in 401(k) retirement plans |
| Major provider of retirement services to not-for-profit healthcare groups, schools and universities |
| Major participant in derivatives markets engaging with major national and international financial institutions, U.S. pension plans, stable value funds and municipalities |
| Holder of more than $10 billion in loans from state and local government entities |
| Issuer of approximately $38 billion of stable value wrap contracts |
| Issuer of approximately $20 billion of commercial paper, held in large part by money mutual funds |
Monday, March 5, 2012
Gold to Base Money Supply
2012 Report
Stocks, year end, Treasury (Note 3) 8,140 tons
1One metric ton (1,000 kilograms) = 32,150.7 troy ounces.
261,701,000 TOZ * $1700
$44,851,700,000...44.8 Billion....Value of Gold in Reserves
2.5 Trillion Base Money Supply
Currency Outstanding is 5.68 times stated gold reserves. Oh My. Not Good.
Now the dirty little secret...no one has seen the actual gold in reserve at Knox for now 10 years. Why is that you think....????
Note 3: Includes gold in Exchange Stabilization Fund. Stocks were valued at the official price of $42.22 per troy ounce.
http://en.wikipedia.org/wiki/Exchange_Stabilization_Fund
Federal Reserve: Exchange Stabilization Fund
http://www.newyorkfed.org/aboutthefed/fedpoint/fed14.html
Stocks, year end, Treasury (Note 3) 8,140 tons
1One metric ton (1,000 kilograms) = 32,150.7 troy ounces.
261,701,000 TOZ * $1700
$44,851,700,000...44.8 Billion....Value of Gold in Reserves
2.5 Trillion Base Money Supply
Currency Outstanding is 5.68 times stated gold reserves. Oh My. Not Good.
Now the dirty little secret...no one has seen the actual gold in reserve at Knox for now 10 years. Why is that you think....????
Note 3: Includes gold in Exchange Stabilization Fund. Stocks were valued at the official price of $42.22 per troy ounce.
http://en.wikipedia.org/wiki/Exchange_Stabilization_Fund
Federal Reserve: Exchange Stabilization Fund
http://www.newyorkfed.org/aboutthefed/fedpoint/fed14.html
Video: Feudalism Still Live On
http://goldsilver.com/video/feudalism-still-lives-on-in-western-financial-institutions/
Listen closely when someone get's on a rant and talks in straight simple language. 100% of the time there's truth behind the words...even if you don't care for the message...or the messenger.
The core is "greed"...not fancy and not a desired character trait from God's life manual...the Bible.
Listen closely when someone get's on a rant and talks in straight simple language. 100% of the time there's truth behind the words...even if you don't care for the message...or the messenger.
The core is "greed"...not fancy and not a desired character trait from God's life manual...the Bible.
Tomstreasures.com provides some gold and silver conversion ratios
tomstreasures.com provides some gold and silver ratios
Some basic information you might find helpful someday buying or selling precious metals.
Some basic information you might find helpful someday buying or selling precious metals.
Sunday, March 4, 2012
Nice 800 sq.ft. Container House
I am guessing the containers cost about 2500 each. The interior materials, electrical and plumbing another $5000. Add some foundation work and nice windows and doors for another $2500 making a nice 800 square feet $10K apartment solution.
While not survival mode designed, the upside is, with some minor changes to entries and windows, they could afford a good deal of security.
Smaller ones have been made into exterior house "safe rooms" complete with food storage, water, air, sound protection, plumbing and lighting.
While not survival mode designed, the upside is, with some minor changes to entries and windows, they could afford a good deal of security.
Smaller ones have been made into exterior house "safe rooms" complete with food storage, water, air, sound protection, plumbing and lighting.
Friday, March 2, 2012
Shadowstats.com publishes an excelent report on U.S. Economic Horizon
http://www.shadowstats.com/article/no-414-hyperinflation-special-report-2012.pdf
It's a bit long, but the issues are deep. Take note of the timing of expected events/
It's a bit long, but the issues are deep. Take note of the timing of expected events/
Goldsilver.com produces an easy to understand video on economy.
Link to video on economy
Well worth the time to watch this. It explains in simple English, why we are were we are and what is ahead for some if not all.
Well worth the time to watch this. It explains in simple English, why we are were we are and what is ahead for some if not all.
Monday, February 20, 2012
Monday, February 13, 2012
Subscribe to:
Comments (Atom)