If you haven't gotten out of the paper markets yet, heed another warning.
There are signs from many quarters that we are heading for another market crash like 2008. Take a look at our jobs report today and see a major miss as well as a government manipulation of erasing 500k plus of job seekers from the labor force to make the unemployment number "look" better at 8.1%. This is all being staged to make American's feel better and reward Mr. Obama with a second term in November. It doesn't matter who is elected in November. The problems we face were created by both parties and they won't offer up any real answers to the American electorate, because they couldn't get elected by offering the unvarnished truth. So, they will kick the can down the road, blame everyone else, ask you to tighten your belt, as they try to steal all they can from you, hiding obvious financial facts to keep power as long as they can.
Don't be fooled by the government numbers manipulation. Take note that the market is extremely shaky and there is no volume to back up these heady numbers.
The market didn't like the jobs number either - nor should they - and took a 168 point dive, making this the worst week for stocks this year.
Ann Barnhardt, former commodities trader and market analyst is reporting that Penson Worldwide, a major commodities clearing brokerage is on the verge of collapsing. She explains that if this becomes another MF Global where the client funds are stolen and the CME does not backstop client accounts, the market will crash big time.
And while you may not care for her religious views, her market analysis is spot on. You can read her thoughts here.
Another does of "bad" news for the dollar is that the BRIC countries, which had a major meeting in April, have been calling for the return to the Gold Standard to resolve the world's financial crisis, are working to make this a reality in the near future. This is the real deal here folks. The rest of the world is tired of the Western bank shenanigans, led by the US Fed and want a return to real money. You can read "The Golden Truth's thoughts on returning to the Gold Standard here.
Our government and the financial media don't take this issue - a world wide Gold Standard - seriously, but it is coming and will happen quickly, over a week or two. Then we will see a stunningly fast lost of value in the dollar and 30% minimum inflation overnight. This will be most unfortunate for anyone in the US and the west holding large amounts of US currency.
There are signs from many quarters that we are heading for another market crash like 2008. Take a look at our jobs report today and see a major miss as well as a government manipulation of erasing 500k plus of job seekers from the labor force to make the unemployment number "look" better at 8.1%. This is all being staged to make American's feel better and reward Mr. Obama with a second term in November. It doesn't matter who is elected in November. The problems we face were created by both parties and they won't offer up any real answers to the American electorate, because they couldn't get elected by offering the unvarnished truth. So, they will kick the can down the road, blame everyone else, ask you to tighten your belt, as they try to steal all they can from you, hiding obvious financial facts to keep power as long as they can.
Don't be fooled by the government numbers manipulation. Take note that the market is extremely shaky and there is no volume to back up these heady numbers.
The market didn't like the jobs number either - nor should they - and took a 168 point dive, making this the worst week for stocks this year.
Ann Barnhardt, former commodities trader and market analyst is reporting that Penson Worldwide, a major commodities clearing brokerage is on the verge of collapsing. She explains that if this becomes another MF Global where the client funds are stolen and the CME does not backstop client accounts, the market will crash big time.
And while you may not care for her religious views, her market analysis is spot on. You can read her thoughts here.
Another does of "bad" news for the dollar is that the BRIC countries, which had a major meeting in April, have been calling for the return to the Gold Standard to resolve the world's financial crisis, are working to make this a reality in the near future. This is the real deal here folks. The rest of the world is tired of the Western bank shenanigans, led by the US Fed and want a return to real money. You can read "The Golden Truth's thoughts on returning to the Gold Standard here.
Our government and the financial media don't take this issue - a world wide Gold Standard - seriously, but it is coming and will happen quickly, over a week or two. Then we will see a stunningly fast lost of value in the dollar and 30% minimum inflation overnight. This will be most unfortunate for anyone in the US and the west holding large amounts of US currency.
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