Wednesday, September 22, 2010
Gold and Silver Are Sounding The Alarm
http://inflation.us/
Helping Americans Prepare for Hyperinflation.
Sign Up Today for our Free Newsletter.
How Gold and Silver are Warning U.S.
Gold is Sounding an Alarm Few in the Mainstream Media Want to Discuss
The questions is - Why are Gold and Silver Price Alarms going off?
First, Western World budget deficits are now totally uncontrolled. Debt is esentially destroying the Western World
Second, The Obama administration has saddled us with enough debt at the federal level to last three generations all in the name of "stimulus".
Third, The US Federal Reserve is Insolvent and Bankrupt They have flooded the system with liquidity through Quantitative Easing
They have loaded their balance sheet with worthless loan paper and reduced interest rates to 0% for over 20 months
And What have been the results? Paralyzed job growth., record unemployment, record food stamps, and record poverty levels.
Gold and Silver are sounding the Alarm, but Food and Energy price increases will soon follow.
The face of Inflation has recently reared its ugly head in commodity prices.
The Commodity sector is driving food prices to levels not seen since 2008. (Graph of Commodities prices)
When higher commodity prices translate into $500 grocery bills, recession weary americans may go into economic shock.
Energy Prices have stayed in check, but this may be the calm before the oil price storm.
When oil and energy prices rise rapidly, home heating bills, home cooling bills and gasoline prices will join the long list of soaring costs nationwide.
Remember when gasoline went to $5 dollars per gallon? A sheer panic ripped across this country. It's coming again, but be prepared for the prices to stay
The combination of skyhigh food and gasoline prices may be the final nail in the coffin of the American Middle Class.
Travelling with Physical Gold Coins as insurance will soon become the norm. In many parts of the world the 1996 $50 or $100 US note is worthless because of the quality of counterfeits being printed internationally.
In Europe, American travellers are learning that the US Dollar is untradeable on the street. And Personally, 1 gold coin got me out of a very bad situation in Mexico City during the H1N1 outbreak.
Make no mistake about what you are seeing, especially with the price action of gold and silver.
Both metals are signifying a loss of confidence in the Dollar and particularly in its management team.
The Price of gold is no longer mental speculation, but rather reality hiding in plain sight.
The Day when every American recognizes paper bills as trash and gold and silver as true money, is almost here.
Bob Chapman John Stadtmiller Jeff Bennett, - Roundtable Sept 21 2010
John Stadtmiller Sept 21 2010- Jeff Bennett,Bob Chapman- Roundtable
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
This is the first time Jeff Bennett appears on the Roundtable as he replaced Robby Noel who moved back to South Africa.
NOTE: John Stadtmiller is off and scheduled for surgery this coming Friday. Jeff Bennett filled in for John Stadtmiller tonight. It was Jeff and Bob Chapman for the entire roundtable.......
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
This is the first time Jeff Bennett appears on the Roundtable as he replaced Robby Noel who moved back to South Africa.
NOTE: John Stadtmiller is off and scheduled for surgery this coming Friday. Jeff Bennett filled in for John Stadtmiller tonight. It was Jeff and Bob Chapman for the entire roundtable.......
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
Market Update: September 22, 2010
"U.S. stock futures are trading lower Wednesday as traders turned to buying Treasurys and gold after the Federal Reserve issued a statement with no immediate plans to stimulate the economy. However, the Fed said Tuesday afternoon that it was ready to step in and support growth if needed. Economic reports due out include the FHFA house-price index. In corporate news, Novartis (NYSE:NVS) said that the FDA approved its multiple-sclerosis drug Gilenya. General Mills (NYSE:GIS) reported fiscal Q1 EPS of $0.64, ex-items, topping consensus estimates by a penny. Revenues in the quarter rose 1.5% to $3.53 billion, but came in short of consensus estimates of $3.57 billion. The Dow Jones Industrial Average (DJI) futures are trading 12.00 points below fair value, the S&P500 (INX) futures are trading 1.10 below fair value and the Nasdaq Composite (IXIC) futures are trading 4.50 points below fair value.
Denver Gold Forum: Beware These Stocks
Denver (TheStreet) -- Tom Winmill, portfolio manager of the Midas Fund, reveals the gold mining trends he's seeing at the Denver Gold Forum, what stocks to avoid and which ones to buy.
Petrie Sees Oil Production Peaking Between 2012 and 2015
Sept. 20 (Bloomberg) -- Thomas Petrie, vice chairman of Bank of America-Merrill Lynch, talks about the U.S. government's moratorium on deep-water oil drilling and the outlook for oil production. Petrie also talks about BP Plc's Macondo well in the Gulf of Mexico and consolidation in the oil industry. He talks with Matt Miller and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Housing Starts Surge 10.5%
Housing starts surged 10.5% in August, to a seasonally adjusted annualized rate of 598,000. The jump was a surprise to economists, and a contrast to Julys data, which was revised downward slightly to an increase of just 0.4%.
Gold Hits Another Record as Dollar Tumbles On Fed Announcement
Max Keiser: Return to The Gold Standard
http://www.infowars.com/gold-hits-another-record-as-dollar-tumbles-on-fed-announcement/Not only are private investors flocking to gold, but so are central banks, as former stock broker Max Keiser noted on the Alex Jones Show yesterday. “Central banks for the first time in decades are buying gold,” Keiser explained. “Up until recently they were net sellers of gold, now they are actually buying gold. So, this is another huge piece of the equation for gold.”
Subscribe to:
Posts (Atom)
