100810 - Hyper Report


Uploaded by HyperReport on 10.08.2010

Transcript:
Hello, this is Scott... And this is the Hyper Report for August 10th
of 2010.
Gold is currently trading at 1195.28 Silver is at 18.08
The Silver to Gold Ratio is 66.11 Oil is at 80.37
and the US Dollar is at 81.12
First... Report: Food Prices Already Starting to Skyrocket
Experts warn that overall food-price inflation is inevitable, as Wal-Mart reportedly has
already hiked prices amid a recent jump in wheat prices and the failure of the Russian
harvest. Should wheat prices remain elevated for the next few months, shelf prices for
many products could go up from 6 to 11 percent within a year. Even though the Russian wheat
harvest will elevate prices in the near future, China and US excess production may eleviate
it. With that said, the fundamentals are supportive of a long-term rise in the price of food.
For those who watched the Hyper Report on the 7th of July, this will not come as a big
surprise. We can expect to see prices for food to go way up in the very near future.
Next... Analysis: Broke States Pose Growing Threat
to Recovery Even though Washington may be living high
on the hog... for now, states and cities are experiencing a fiscal diet. The U.S. economy
may sink perilously close to another slump, as cities and states cut jobs and curb spending
to balance their recession-ravaged budgets. Two-thirds of states project a budget gap
for their current fiscal year. Cities facing shortfalls may have to purge nearly 250,000
jobs from public payrolls over the next 18 months. The federal government has cushioned
the blow by channeling $224 billion for education, health care and unemployment insurance to
states as part of last year's stimulus package. Unfortunately, the stimulus has been spent
and now reality will begin to set in for many.
Next.... U.S. Electricity Blackouts Skyrocketing
Well, the US electric grid is showing its age. More and more electrical blackouts are
occuring. Which during the summer can be fatal for those most at risk to the summer heat.
During the past two decades, elecctrical blackouts have increased 124 percent -- up from 41 blackouts
between 1991 and 1995, to 92 between 2001 and 2005. Should Americans view these kinds
of scenarios as extraordinary circumstances -- or a warning sign of a darker future?
In the United States, blackouts can last anywhere from 93 to 147 minutes per year - which is
very good; however, as the electrical grid, built decades ago, gets older and the use
of electrical power increases, the costs for maintaining the grid will increase along with
those blackouts.
Next... Lack Of Resources Curtails ICE Tracking of
Illegals In a June 29th memo by Assistant Secretary
John Morton, Agents have been told to 'prioritize' because of limited funds given to them by
Congress. The agency's fiscal 2010 budget for detention and removal operations is only
$2.55 billion. Yet, we have 26 billion dollars going to teachers and unions. Simply put...
When a country cannot secure it's borders, that country's end is very near. All of the
socal programs and utopia pipedreams that some invision will violently crash down around
them and their families.
Next... Fed Ponders More Easing as Economy Stumbles
The FED meeting today fears the economy is at risk of stalling; thus, what plan will
they make to get the market going with interest rates virtually zero percent? Can anyone say
quantative easing?
Finally, Please prepare now for the forthcoming economic,
and subsequent social, unrest that will hit the US.
Good Day