110726 - Hyper Report


Uploaded by HyperReport on 26.07.2011

Transcript:
Hello, this is Scott... And this is the Hyper Report for July 26th
2011 Gold is currently trading at 1611.00
Silver is at 40.39 The Silver to Gold Ratio is 39.88
Oil is at 99.74 and the US Dollar is at 73.65
First...
China and Iran Plan Oil Barter
Like Russia, it now appears that Iran is working with China.
The plan is to barter oil for Chinese goods and services.
Perhaps they will barter using Chinese currency.
Next...
Italy, Austria Cancel Bond Auctions
Italy and Austria have cancelled their bond auctions.
The reason given is they do not need to borrow at at the moment; however,
what they are not saying is that the cost of borrowing went up 40 basis points today.
Things are beginning to go down hill fast folks.
Next...
Super Congress
Both political parties in the Senate have put forth an idea, that is clearly unconstitutional,
where a 12 member panel would have special priviledges to tax and spend as they see fit.
There goes the republic.
Next...
Reid's Proposed "Deficit Cutting" Plan
Here are a few details of the Harry Reid's plan that Obama likes...
1. 30 Billion dollars for Fannie and Freddie or More money down the drain.
2. 1 Trillion dollars savings in winding down wars.
Wars!?! I thought they were called Kinetc Actions.
3. 10-15 billion in Agriculture savings. Guess there will be no more peas.
4. 400 billion in interest savings. What the hell is that?
Rating agencies will have a field day on that one alone.
No wonder Obama likes this plan.
Next...
Geithner: "We Write 80 Million Checks A Month"
Little lyin Timmy Geighner said that millions of checks go not only to the military, but
to Social Security recipients. Knowing that 40 percent of the budget is unfunded,
a good question is how many years should Geithner get for writing millions of hot checks?
Next...
Is Your IRA Going To Be Raided?
If you think the U.S. Government would not raid IRA's, think again.
The U.S. has a despicable record with regard to honoring retirement obligations.
The Social Security fund has been empty for a long time; therefore,
any IRA will be gone either by the government raiding it or through hyperinflation.
Next...
Another Silver Drive By Shooting Coming?
Eric Sprott just sold 1 million shares of PSLV.
The last time he did that, silver dropped dramatically and the charts appear to support
this possible scenero. On the other hand, if we do not see a silver
smack down, we may see silver blow through $50,$75 and
$100 quickly. Just keep stacking physical.
Next...
Broke! 10 Facts About The Financial Condition Of American Families That Will Blow Your Mind
Here a few... 1. Only 58 percent of Americans have a job
right now. 2. The median yearly wage in the United States
is $26,261. 3. The average American household is carrying
over seventy-five thousand dollars in debt.
Next...
Program Offers Cash Incentives To Live Downtown
The broke city of Detroit is offering money to local companies to endanger their workers
to live near downtown Detroit. Hey Detroit, why not offer to them money to
take up residence at Fukashima while your at it.
Finally, Please prepare now for the developing economic
and social unrest. Good Day