Coach Talks: International Forecaster With Frank Underhill!
Bob Chapman wrote in the International forecaster of the 4th December 2010 :"....The failure of the international financial system and the inability of elitists to control it leave them open to loss and exposure of what they have been up too. Socialism in Europe was supposed to provide the gateway for a one-world government and banking system. It looks like their concept at least for now isn’t working out very well. In addition to trouble in banking and government the cost of maintaining the welfare state are now beyond Europe’s ability to pay. Demographics need to improve and that is not going to improve anytime soon. This factor alone guarantees the collapse of their welfare systems. The same is true for the US and Japan. In addition the German burden of carrying Europe cannot go on indefinitely, otherwise either German workers will revolt or Germany will financially collapse...."
Tuesday, December 7, 2010
Silver demand is surging after QE3
Silver demand is surging after QE3 , silver at $30 today , should already be $80 with gold at these prices. No biggie because in a few years, we can see silver at $500. It really depends on the people, if they want it to be $500, we can get it done!!
Monday, December 6, 2010
Gold Price Hits High & Asia Cant Get Enough
Frank Holmes, chief executive officer of U.S. Global Investors, and Robert Robotti, president of Robotti & Company LLC, talk about the outlook for gold prices.
Holmes and Robotti also discuss oil and natural gas markets, and their investment strategies. They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Holmes and Robotti also discuss oil and natural gas markets, and their investment strategies. They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
New $100 Dollar Bill has a big problem
seems like the Fed can't do anything right in the last few years?! the FED can print as much money as she wants and pt it in circulation we the dollar bearers and savers bear the costs cause we have to work for our dollars while the value of the dollars we have in our pockets is dropping by the minutes ....
Silver and Gold bar testing
In this video, David Morgan of http://silver-investor.com expresses his view on gold and silver bar and coin testing. He also touches the matter of faking gold and silver. GoldMoney has implemented ultrasound gold bar testing to ensure the integrity of the gold stored for its customers.
Robert Kiyosaki - The Secrets Of The Rich
The rich follow a different set of rules for making and keeping money. In fact, the rich live in a world most of us know nothing about. They pay less in taxes and set their lives up in such a way that money constantly comes into their pockets. At the same time, they use expenses to their advantage. In other words, it's the rules of the rich that make them rich.
Rich Dad Secrets to Money, Business, and Investing offers the sessions about money that Robert Kiyosaki, a self-made millionaire, learned from his rich dad ... a dad that gave him not money, but only his secrets to acquiring great wealth. In this groundbreaking program, done exclusively for Nightingale-Conant, you'll learn these priceless secrets.
Instead of working for money, you'll learn how to make money work hard for you. You'll discover why you don't need a high income to become rich—and that all you do need is the type of financial education this program offers. If you're looking for bold new ideas about money and are ready to make financial changes in your life, this program is just what you're looking for.
Rich Dad Poor Dad
Rich Dad Poor Dad Robert Kiyosaki's first book and best seller that is translated into 51 languages and it has sold more than 27 million copies.
Gold Safe Haven Status to Strengthen
Sun. Dec. 5 2010 | Enzio von Pfeil, CEO at Economic Time Bond Fund, says the opportunity cost of holding gold is minimal as interest rates will remain low for some time to come. He makes a case for investing in the precious metal now, with CNBC's Bernard Lo & Chloe Cho.
When to Walk Away From a Mortgage
University of Arizona Professor Brent White on what you should do if you owe more than your home is worth.
Gold & Silver Survive A Price Suppression Conspiracy
It is only a matter of time for the rampant fraud to truly be exposed. Silver is at $29.80 today .
They won't be to hold it down much longer...everyone needs to put all they got into silver years ago. Its going to be to late next year.Silver and Gold are surving attacks by the global finacial elite to suppress precious metals prices. Last Month World Bank head Robert Zoellick planted a piece in the Financial Times where he feigned interest in having a gold standard re-instituted. Then the Conspiracy went into effect.
China began by raising reserve requirements for its banks
Next the Chinese government leaked word that it was "planning interest rate increases"( all within the span of a couple of days.
The conspiracy became apparent when an unprecedented move by the CME Group (owner of the Comex exchange) to radically increase margin requirements for silver halfway through a trading session took hold.
This was immediately followed by yet another increase in bank reserves by China's government.
Silver and Gold buyers held strong and kept buying dips. For now the banks have been defeated.
They won't be to hold it down much longer...everyone needs to put all they got into silver years ago. Its going to be to late next year.Silver and Gold are surving attacks by the global finacial elite to suppress precious metals prices. Last Month World Bank head Robert Zoellick planted a piece in the Financial Times where he feigned interest in having a gold standard re-instituted. Then the Conspiracy went into effect.
China began by raising reserve requirements for its banks
Next the Chinese government leaked word that it was "planning interest rate increases"( all within the span of a couple of days.
The conspiracy became apparent when an unprecedented move by the CME Group (owner of the Comex exchange) to radically increase margin requirements for silver halfway through a trading session took hold.
This was immediately followed by yet another increase in bank reserves by China's government.
Silver and Gold buyers held strong and kept buying dips. For now the banks have been defeated.
Bob Chapman on A Marines Disquisition Dec 02, 2010
Bob Chapman on A Marines Disquisition December 02, 2010
Bob Chapman wrote in the International Forecaster of the 4th Dec 2010 :"...Many of you have IRAs and 401Ks, which we have said your government would like to get their hands on. They are not going to stop pursuing these savings, so you have to act before they do. The government desperately needs that $6 trillion. These funds are at risk, even if all you have in these vehicles are only gold and silver coins or shares. If legislation is passed confiscating these assets and you are given a government guarantee on return, you end up with 100% of nothing. Based on that IRAs and 401Ks should be systematically liquidated with an eye toward tax consequences and penalties. Those who refuse to do so will suffer grievous losses...."
Sunday, December 5, 2010
Buying silver coins vs buying silver bars
In this video, David Morgan of http://silver-investor.com discusses when and how to buy silver coins and silver bars. It all depends on the size of your portfolio and individual preferences.I am really enjoying this series of videos with David Morgan. He seems to be a very honest and down to earth guy
JP Morgan Silver Manipulation Explained
Too big too fail banks like JP Morgan and HSBC have been artificially manipulating the price of silver and gold, scamming the tax payer, and ultimately will lead to the biggest financial disaster in the history of human financial civilization. The run on the comex has begun. The COMEX offered dollars instead of physical metal on December 1st silver deliveries. GAME OVER.
There are two class action lawsuits against JP Morgue for supressing the price of silver and one commissioner of the CFTC (Chilton) admitted that the price of silver has been manipulated .I really like this, it's cute. It also gets the point out just how corrupt these people are.Great video!!! If the farts don't wake up people,I don't know what would!!! Good Job Mr.Silver
There are two class action lawsuits against JP Morgue for supressing the price of silver and one commissioner of the CFTC (Chilton) admitted that the price of silver has been manipulated .I really like this, it's cute. It also gets the point out just how corrupt these people are.Great video!!! If the farts don't wake up people,I don't know what would!!! Good Job Mr.Silver
David Morgan on where silver prices will go
Based on his vast experience, David Morgan of http://silver-investor.com predicts where silver prices will go in this video.
Why I Cashed in My 401K Plans - Trading Trash Cash for Real Wealth...Gold and Silver!!!
Every time you buy Precious Metals or other assets, you are declaring your independence from Banks and Governments. You are taking wealth out of their hands and putting it into your own. This isn't advice, just what I've done. It's a tough choice, but if you decide to do it, do it soon while it's still legal, and before the government decides to seize your 401k for "the good of the country."
Robert Kiyosaki : the 4 things that make people poor
Robert Kiyosaki :.... the 4 things that make people poor every month is number one taxes , number two is debt , car payment mortgage payment etc...three is inflation like the price of gas going up food can go up , and number four is retirement plan , those are the 4 things that make the average middle class poor but these are the very same things that make a guy like me rich , if you have financial education I can make millions of dollars and pay zero in taxes , I use debt to get rich I use inflation to get rich that's why I invest in oil gold silver and copper and I do not have a retirement plan ...
Elitists Leading On An Odyssey Of Economic Ruin
An excerpt from Bob Chapman's weekly publication.
December 4 2010: Prices to continue to rise, dollar devaluation threat, and a major loss of buying power is to come, Europe papers over the mess, housing bottom soon to appear, job cuts,
The price of commodities, particularly food and petroleum products, will be higher in the coming year, which will strain budgets more than ever for those who still have jobs. Unemployment will not get appreciably better and government debt will rise. Government is talking about raising the Social Security retirement age by three years, freezing payments and offering government guaranteed annuities in exchange for those of you that do have retirement plans. Two-thirds of those in and about to retire have only Social Security for 50% of their income. The money collected since 1935 is all gone, having been spent by past politicians. In fact, if you put all present and future commitments together you have a debt of $105 trillion.
The US wants to avoid default and devaluation of the dollar. They can raise taxes, cut spending or default on their Social Security and Medicare commitments, and commandeer personal retirement plans. In whole, or in part, these are options for government. If they cannot manage these changes then the Fed will have to increase money and credit, which is now euphemistically labeled quantitative easing. The powers behind government have looted the system perpetually, but particularly since August 15,1971, when the gold standard was abandoned and the result of this gutting and its consequences is about to manifest itself. Unemployment refuses to fall and little is being done to improve the situation. This year five million American workers lost extended unemployment benefits, as Wall Street, bailed out with taxpayer’s loans, is showering their employees with hundreds of billions of dollars in bonuses. There is no question these are the seeds of which revolution is born. We can as a result expect demonstrations and unrest, as we are now seeing in Europe, which could end up in rioting and other antisocial behavior.
read entire article >>>>>
How and where to store gold and silver -- David Morgan
Never tell anyone that you have physical metal. Buy a big safe, pick it up and install it yourself , hide some metal in a place that is not normal for precious items to be found. Stay away from banks and their vaults. You do not want counter-party risk of any sort, that defeats the whole purpose of getting into precious metals. Also keep in mind Patriot Act as well that allows banks to look whats in your safety deposit box. keep your metals with you, invest in some mining companies if you want leverage and can handle some risk, and you can even get with goldmoney to get your metal in Hong Kong, but I would not give it elsewhere .In this video, David Morgan of Silver-Investor.com advises on how and where to store your physical silver and gold. Diversify and have several places to store gold and silver is his advice.
Andy Gause - Gold , Silver And You
Andy Gause on Jeff Rense 2010.12.02
Andy Gause is one of the most respected monetary historians and contemporary experts on the American and international banking systems. Andy has a tremendous understanding of our monetary and economic systems and has attracted a wide following with over 1,000 TV and radio appearances. Andy publishes a newsletter and has authored two books. (text via coasttocoastam.com )
Saturday, December 4, 2010
Children are the biggest asset of a society
Our Children's Future in Our Hands
Part 1 is the introduction. It is about how the world is changing rapidly. Individuals, families and communities are facing many challenges. They are affecting everyone, rich and poor, young and old. It asks, our children are our greatest asset -- but what is happening to them? The video segments 1 to 4 are part of a documentary written and directed by Anatole Kononewsky. Anatole was Senior Research Officer at the Australian Institute of Criminology. The original documentary was produced in Australia and launched in March 1993. It was produced for the project, "Before its Too Late". Robert Kiyosaki and Max Walker were the national spokesmen for the video launch. The video was used, with a handbook, by schools around Australia.
Although produced back in 1993, the documentary raises issues and problems that are still relevant to all of us and shows some of their potential solutions. It also examines the futility of the current prison and criminal justice system. It is a compassionate examination of the challenges that modern society is currently presenting to young people and portrays an understanding of the dilemmas they face.
The documentary looks at the problems from a personal, social and ethical level, seeking to empower the viewer with the attitude necessary to find solutions. It is pertinent to young people experiencing difficulty with authority, achieving, parental relationships, or any other socially alienating attitude. The "Before it's Too Late" project supported a selected number of youth groups in Australia. The project was completed in 1996 when it donated all of its surplus funds to the Lighthouse Foundation Ltd (a project based in Melbourne helping homeless youth at risk).
Comments on the Video & the Project: "Before it's too Late"
"Congratulations, the video is spectacular." Robert Kiyosaki, International best selling author.
"...was very impressed with your work." Joseph Chilton Pearce, The U.S. Senate Adviser on Early Childhood Development, U.S. Lecturer and author of the international best seller "Magical Child"
"'Before it's Too Late' is a wonderful opportunity to help the children..." Gary Busey, International Film Actor, (Comment in 1992 on BTL project)
"The video is one of the most powerful tools you would ever want to use, it touched my heart." Max Walker, Australian Cricketer and National TV Sports commentator
"I thought the video was fantastic!" The Late John Bell, Managing Director - Esprit International
"The 'Before it's Too Late' project is important in that it brings to our attention the problems our youth confront today." Michael John, Minister of Community Services (Australia Government)
"...such a positive way of providing opportunities for everyone to get involved." Lulu, International Singer and Performer
"..the video is one of the most powerful tools you would ever want to use -- it touched my heart." Max Walker -- Australian Cricketer & National TV Sports Commentator
"Before it's Too Late" is a wonderful opportunity to help the children..." Gary Busey -- International film actor
"...your video was fantastic, I appreciated the opportunity to view it." Jennifer Kyte -- Channel 7 News, Melbourne
A song was written in 1993 by Anatole Kononewsky for the launch of the video, in Melbourne, Australia, "See what we can be" -- a song for children. The song was performed live on the night by the Fitzroy Community School Choir. The song is about seeing the potential in ourselves, especially our children. When the highest priority of our families, communities, schools, government and business is to ensure all of our children are raised to feel safe, secure and serene then we will begin to create more peaceful people. And with more peaceful people we will have a more peaceful world.
The song is linked to another initiative created and song written by Anatole Kononewsky, "See the world in you"
Robert Kiyosaki Discuss The Business of The Future
For the past several years, Robert has been a staunch supporter of network marketing. Like many people, Robert was skeptical about the industry at first until he learned firsthand what network marketing is all about.
Robert Kiyosaki : winners will win but winning takes sacrifices ,network marketing is where people want to win , it is the business model of the future ....it is the business for the 21st century
Robert Kiyosaki : winners will win but winning takes sacrifices ,network marketing is where people want to win , it is the business model of the future ....it is the business for the 21st century
Robert Kiyosaki : follow your passion wherever it leads you
Some Great quotes from Robert Kiyosaki interviews : "...follow your passion wherever it leads you. We need more great pilots and more great teachers . As a matter of fact, my dad was a teacher and so am I. What I am saying is that two legs are better than one. In my book, The Cashflow Quadrant, I discuss the need to become more financially secure. My suggestion is, in addition to performing their jobs; individuals need to become educated in what I call the Business or Investing quadrants. By having confidence in your abilities on the “B” or “I” quadrants, you will naturally feel more secure, even if you have only a little money. And, as my rich dad said, “It is not so much how much money you make, but how much money you keep, how hard that money works for you, and how many generations you keep it for..."
1933 Gold Confiscation, And Why It Happened!
This is Jack DeAngelis! Please Subscribe To My Channel! Go To My Website To Request Your FREE Copy Of "The International Forecaster" Newsletter! Get ready for The Collector's Coach on Blogtalk Radio!
Bob Chapman on Goldseek Radio 03 Dec 2010
Bob Chapman on Goldseek Radio 03 Dec 2010
Bob Chapman wrote in the International forecaster of the 4th December 2010:"....Many of you have IRAs and 401Ks, which we have said your government would like to get their hands on. They are not going to stop pursuing these savings, so you have to act before they do. The government desperately needs that $6 trillion. These funds are at risk, even if all you have in these vehicles are only gold and silver coins or shares. If legislation is passed confiscating these assets and you are given a government guarantee on return, you end up with 100% of nothing. Based on that IRAs and 401Ks should be systematically liquidated with an eye toward tax consequences and penalties. Those who refuse to do so will suffer grievous losses...."
Bob Chapman wrote in the International forecaster of the 4th December 2010:"....Many of you have IRAs and 401Ks, which we have said your government would like to get their hands on. They are not going to stop pursuing these savings, so you have to act before they do. The government desperately needs that $6 trillion. These funds are at risk, even if all you have in these vehicles are only gold and silver coins or shares. If legislation is passed confiscating these assets and you are given a government guarantee on return, you end up with 100% of nothing. Based on that IRAs and 401Ks should be systematically liquidated with an eye toward tax consequences and penalties. Those who refuse to do so will suffer grievous losses...."
The CPM Silver Yearbook
The CPM Group's Silver Yearbook : contains definitive and detailed statistics graphs and analysis on the international precious metals markets and in particular the silver market, including analysis of supply and demand trends, bullion and futures market activity, projections for the next year, and detailed statistics on mine production, secondary recovery, central banks, fabrication demand, investment demand, prices, futures and options activity, and other aspects of these markets.with an in-depth analysis of each silver market segment, including mine production, secondary silver recovery from scrap, government disposals, fabrication demand by region and by use, and investment demand , it is definitely a must read for all you silver and gold bugs out there and makes an excellent Holiday gift .....
SILVER : A Gift For The Holidays...
This is Jack DeAngelis! Please Subscribe To My Channel! Go To My Website To Request Your FREE Copy Of "The International Forecaster" Newsletter! Get ready for The Collector's Coach on Blogtalk Radio!
CRASH JP MORGAN BUY SILVER, SILVER TO $500
Max Keiser reiterates the value of the people buying silver to expose the manipulation in the silver market by J.P. Morgan. JP Morgan has billions of dollar in bets that the price of silver will stay low. If the price of silver stays above 25 and goes even higher it mean JP morgan has to pony up and cover their bets buy buying more silver which in turn will drive the price up even more! This quickly becomes very expensive for JP morgan. I believe it will force the US government to step in and save the too big to fail bank or let the bank fail.
WIN-WIN SITUATION FOR THE SILVER BUGS, DESERVE IT FOR ALL THE DUE DILIGENCE AND HARD WORK THEY HAVE PUT INTO IT OVER THE YEARS, RATHER THEM THAN THOSE DAMN BANKSTERS!
WIN-WIN SITUATION FOR THE SILVER BUGS, DESERVE IT FOR ALL THE DUE DILIGENCE AND HARD WORK THEY HAVE PUT INTO IT OVER THE YEARS, RATHER THEM THAN THOSE DAMN BANKSTERS!
Silver Bomb December 11th!
Max Keiser and Alex jones get together again to talk about the Crash JP Morgan Buy Silver Campaign which has gone viral. . Don't let the bankers pee on your head and tell you it is raining. Hit them in the nuts by buying silver! The bankers think you are their slaves. Fight back America!
China demand for Gold Now surpasses India - Alex Jones Tv
China's Hunger for Gold Now surpasses India - Alex Jones Tv
Philip Manduca, Gold Heading Above $2000 By 2011?
Philip Manduca, head of investment at ECU Group, speaks to CNBC about the "stress tests" for banks, the bear market rally and gold. He foresees inflation, currency devaluation and a second wave of massive deleveraging on the horizon, and is therefore very bullish on gold.
"You will, in my opinion, see gold well above $1500 before the end of next year, based on risks of inflation, because it's the only way we're going to get out of the debt problem; [you will also see] currency debasement and devaluation, because it's the only way we're going to get out of the debt problem, and of course [you will see] the potential for a massive debt bust", he said.
"You will, in my opinion, see gold well above $1500 before the end of next year, based on risks of inflation, because it's the only way we're going to get out of the debt problem; [you will also see] currency debasement and devaluation, because it's the only way we're going to get out of the debt problem, and of course [you will see] the potential for a massive debt bust", he said.
Robert Kiyosaki assets vs liabilities
Robert Kiyosaki :"...An asset is something that puts money in my pocket. A liability is something that
takes money out of my pocket. That’s really all you need to know. If you want to be rich
or get out of the rat race, simply spend your life buying assets. If you want to be poor or
middle class, spend your life buying liabilities...."
takes money out of my pocket. That’s really all you need to know. If you want to be rich
or get out of the rat race, simply spend your life buying assets. If you want to be poor or
middle class, spend your life buying liabilities...."
Gold Made Cars bump along ruined Russian roads
When it comes to navigating the world's capitals, Moscow is the city most likely to drive motorists up the wall. Its aging roads are considered to be some of the worst in Europe, yet construction costs ten times more than it does in Germany. For some hard-done drivers, the only way to cheer themselves up is to spend a wad on their wheels, as Oksana Boyko explains.
Robert Kiyosaki Creating Wealth Show
Survive and thrive in todays economy. With nearly 200 shows, business and investment guru, Jason Hartman interviews top-tier guests, bestselling authors and financial experts including; Robert Kiyosaki (Rich Dad, Poor Dad), Harry Dent (The Great Depression Ahead), Peter Schiff (Crash Proof), Ellen Brown (Web of Debt), Lawrence Yun (National Association of Realtors NAR), Thomas Woods (Meltdown), Gerald Celente (Trends Journal), Mike Mish Shedlock, G. Edward Griffin (The Creature from Jekyll Island), Chris Mayer (Capital & Crisis), Chris Martenson (The Crash Course), John Assaraf (The Secret), Robert Prechter (Elliott Wave), Pat Buchanan (Presidential Candidate), Eric Tyson (Investing for Dummies), Addison Wiggin & Bill Bonner (Agora The Daily Reckoning), Catherine Austin Fitts (Solari), Thomas Sowell (The Hoover Institution), Marc Chandler (Making Sense of the Dollar), John G. Miller (The Question Behind the Questions (QBQ!), Dan Sullivan (Strategic Coach), Steve Milloy (Green Hell), Gillian Tett (Fools Gold & The Financial Times), Howard Ruff (Prosper In The Coming Bad Years), Larry Parks (Gold Wars & FAME), James West (Crime of the Century), Les Leopold (The Looting of America) and many others. Profit from commentary on political news from Ron Paul, Jim Rogers, Warren Buffett, Bloomberg, CNBC, FOX, KABC and KFI. Learn fresh new ways to create and protect wealth while building passive income with real estate, home-based business, internet marketing, SEO, PPC, iPhone apps and social media. You'll learn innovative ways to "game the system" relating to the American economic mess, Wall Street scams, mortgage meltdown, inflation, deflation and monetary policy. Jason shares his no-hype investment strategies for REO's / foreclosures, auctions, lease options, land contracts, mobile home parks, self-storage facilities, rental apartments, office, retail, industrial, tax liens, loan modifications, credit repair and commercial real estate. Jason Hartman is CEO of Platinum Properties Investor Network based in Costa Mesa, California is a self-made multi-millionaire with over 20 years of financial experience. He currently owns properties in eleven states. Subscribe now for free to learn how to follow in Jason's footsteps for a more abundant life. Visit: www.JasonHartman.com
Bob Chapman Friday Economic Report: Fed Wealth Grows While Others Drown In Debt
Bob Chapman Friday Economic Report: Fed Wealth Grows While Others Drown In Debt
December 1 2010: The Fed grows richer at our expense, Wikileaks news links, desperate things for desperate people, the clarion call of gold, black friday unremarkable, countries drown in the debt of other countries. The Federal Reserve's balance sheet grew a 4th straight week to $2,328 trillion, up $31 billion in a week. In May the balance sheet was $2,333 trillion.
Holdings of government securities totaled $901.24 billion, and rose $27.62 billion. Mortgage holdings were unchanged and Agency holdings fell slightly.
It might interest you to know that over the past seven years federal debt has doubled to almost $14 trillion. That is more than $100,000 for every American household.
It should be noted that combined expenditures on Social Security, Medicare and Medicaid are projected to account for 45% of primary federal spending. That is a rise equal to 62% of GDP to 185% in 2035. 70% of US Treasuries are held by private investors and once they start to realize the US is really broke the game is over.
On a European note, Germany cannot keep paying for bailouts without going bankrupt itself. Germany is drowning in the debt of other countries.
Assets under management in commodities hit a record high of $340 billion in October.
A very important event is that China and Russia are going to quit using the US dollar. This is big news. In spite of the current USDX dollar rally it will reduce demand for dollars and expedite the dollar's demise. Once the dollar rally, induced by European problems is over, the dollar should take out 74 on the USDX. Current US insolvency is being ignored as the five-euro zone PIGGS get gored.
In addition, we wonder whether even the strongest country, Germany, can survive the onslaught of the 5 PIIGS and their financial problems. The Germany people are very upset that they have to bail out these Club Med countries. The US has the same problem with large liberal states with vast amounts of illegal aliens that are broke and will have to depend on the federal government for perpetual funding. Accompanying that funding will come further Federal control.
http://theinternationalforecaster.com/
http://www.infowars.com/
http://www.prisonplanet.tv/
December 1 2010: The Fed grows richer at our expense, Wikileaks news links, desperate things for desperate people, the clarion call of gold, black friday unremarkable, countries drown in the debt of other countries. The Federal Reserve's balance sheet grew a 4th straight week to $2,328 trillion, up $31 billion in a week. In May the balance sheet was $2,333 trillion.
Holdings of government securities totaled $901.24 billion, and rose $27.62 billion. Mortgage holdings were unchanged and Agency holdings fell slightly.
It might interest you to know that over the past seven years federal debt has doubled to almost $14 trillion. That is more than $100,000 for every American household.
It should be noted that combined expenditures on Social Security, Medicare and Medicaid are projected to account for 45% of primary federal spending. That is a rise equal to 62% of GDP to 185% in 2035. 70% of US Treasuries are held by private investors and once they start to realize the US is really broke the game is over.
On a European note, Germany cannot keep paying for bailouts without going bankrupt itself. Germany is drowning in the debt of other countries.
Assets under management in commodities hit a record high of $340 billion in October.
A very important event is that China and Russia are going to quit using the US dollar. This is big news. In spite of the current USDX dollar rally it will reduce demand for dollars and expedite the dollar's demise. Once the dollar rally, induced by European problems is over, the dollar should take out 74 on the USDX. Current US insolvency is being ignored as the five-euro zone PIGGS get gored.
In addition, we wonder whether even the strongest country, Germany, can survive the onslaught of the 5 PIIGS and their financial problems. The Germany people are very upset that they have to bail out these Club Med countries. The US has the same problem with large liberal states with vast amounts of illegal aliens that are broke and will have to depend on the federal government for perpetual funding. Accompanying that funding will come further Federal control.
http://theinternationalforecaster.com/
http://www.infowars.com/
http://www.prisonplanet.tv/
Alaska Gold Rush
When the going gets tough the tough seek new trontiers. Six recession hit patriots from Oregon become greenhorn gold miners.
Marc Faber : Gold bull market intact
LONDON (Commodity Online): Marc Faber, publisher of the famed Gloom Boom Doom Report says despite the boom in gold prices, there is a likelihood that the yellow metal may fall to $1200 levels. But Faber insists that the gold bull market is solid and continues to be intact.Faber, whose monthly outlook on commodities, equity markets, currencies, bonds and the emerging markets, is always respected by traders and the global business community says gold and silver are the hottest among commodities and people will continue to invest in them.
Faber says he continues to buy gold ounces, but points out that a correction to $1200 would not surprise him.
read full article >>>
Dr Marc Faber wаѕ born іח Zurich, Switzerland. Hе wеחt tο school іח Geneva аחԁ Zurich аחԁ fіחіѕһеԁ high school wіtһ tһе Matura. Hе studied Economics аt tһе University οf Zurich аחԁ, аt tһе age οf 24, obtained a PhD іח Economics magna cum laude. Between 1970 аחԁ 1978, Dr Faber worked fοr White Weld & Company Limited іח Nеw York, Zurich аחԁ Hong Kong. Sіחсе 1973, һе һаѕ lived іח Hong Kong. Frοm 1978 tο February 1990, һе wаѕ tһе Managing Director οf Drexel Burnham Lambert (HK) Ltd. Iח June 1990, һе set up һіѕ οwח business, MARC FABER LIMITED wһісһ acts аѕ аח investment advisor аחԁ fund manager. Dr Faber publishes a widely read monthly investment newsletter “Tһе Gloom Boom & Doom Report” report wһісһ highlights unusual investment opportunities, аחԁ іѕ tһе author οf several books including ” TOMORROW’S GOLD — Asia’s Age οf Discovery” wһісһ wаѕ first published іח 2002 аחԁ highlights future investment opportunities around tһе world. ” TOMORROW’S GOLD ” wаѕ fοr several weeks οח Amazon’s best seller list аחԁ іѕ being translated іחtο Japanese, Chinese, Korean, Thai аחԁ German. Dr. Faber іѕ аƖѕο a regular contributor tο several leading financial publications around tһе world. A book οח Dr Faber, “RIDING THE MILLENNIAL STORM”, bу Nury Vittachi, wаѕ published іח 1998. A regular speaker аt various investment seminars,
Friday, December 3, 2010
The Return of $100 Oil?
Dec. 3 2010 | Is oil heading back over $100 and does that threaten a fragile economic recovery? Insight with Dan Dicker, independent oil trader; Peter Beutel, Cameron Hanover and CNBC's Sharon Epperson.
Donald Trump on Fox and Friends December 02, 2010
The Donald Talks Rangel, North Korea and 'Apprentice' Bring jobs to this country , Tax the Chinese products says Donal Trump...I love what I am doing but I hate what's happening around the country he said
Bob Chapman on Freeamerican Radio
will be putting a $250 dollar check in the mail to 58 million Social Security
recipients. Democrats plan to vote early in the lame-duck session on a bill that would provide Social Security recipients with a one-time payment, according to the office of Earl Pomeroy, a Democrat from North Dakota who authored the legislation. The bill -- with a total cost of roughly $14 billion -- is designed to make up for another year without an increase in Social Security benefits. In this show Bob outlines the war we are in with the International Banksters and the importance of shows like this. Go to http://freeamerican.com and make a donation.
A Silver Primer & A Silver Report
The Comex is running out of Silver & the whole world knows it. Let's keep the pressure on the criminal Bankers: Buy PHYSICAL silver!
WIKILEAKS TO PUBLISH SECRET UFO FILES? SO, REAL OR FAKE DISCLOSURE?
This past weekend, the whistle blowing website WikiLeaks released thousands more confidential US State Department articles that could damage foreign relations. However, it seems as though Julian Assange has become too comfortable with the spotlight and is unwilling to give it up. With his pending Interpol investigation and rape charges, he will be in the spotlight for some time. Plus according to RT Contributor Wayne Madsen, Julian Assange plans to release hidden UFO reports.
Trading the Currency Crisis
Dec. 3 2010 |
A look at how experts are playing the current situation, with Ashraf Laidi, CMC Markets chief market strategist.
A look at how experts are playing the current situation, with Ashraf Laidi, CMC Markets chief market strategist.
Investing in Foreclosures
Dec. 3 2010 | Hedge fund manager Aaron Edelheit tells CNBC's Diana Olick how he's making money in foreclosed single family homes.
Subscribe to:
Posts (Atom)
