100817 - Hyper Report

Uploaded by HyperReport on 17.08.2010

Hello, this is Scott... And this is the Hyper Report for August 17th
of 2010.
Gold is currently trading at 1227.11 Silver is at 18.53
The Silver to Gold Ratio is 66.21 Oil is at 75.20
and the US Dollar is at 82.28
First... China Favors Euro Over Dollar as Bernanke
Alters Path China, whose $2.45 trillion in foreign-exchange
reserves are the world’s largest, is turning bullish on Europe and Japan at the expense
of the U.S. China has been buying “quite a lot” of European bonds. On August 10th,
Benji Bernanke underscored concern that the US economy is faltering. China’s holdings
of long-term Treasuries fell for the first time in 15 months in June to $839.7 billion
or a 2.5 percent drop. Know this, China is not alone in their thinking and this is just
the beginning of what is to come.
Next... There will be no Double-Dip...
The good news is that there will not be a double-dip.... The bad news is that it is
going to be a lot worse. The world economy will soon go into an accelerated and precipitous
decline which will make the 2007 to early 2009 downturn seem like a walk in the park.
The only reason that the US could build up such a major debt is that the US dollar has
been the reserve currency of the world and therefore the US has been able to finance
its debts and deficits internationally. Hyperinflation arises as a result of money printing leading
to a currency collapse and not from demand pull. There has probably never been a period
in world history which has caused the amount of wealth destruction that we are likely to
see in the next few years. The hyperinflationary depression that many western countries,
including the US and the UK, will experience is likely to mark the end of an era that has
lasted over 200 years since the industrial revolution.
Next... America 1950 Vs. America 2010
Here are a few differences that 60 years have made.
In 1950, the total U.S. national debt is about 257 billion dollars. In 2010, the U.S. national
debt is increasing by over 4 billion dollars per day.
In 1950, wealth redistribution is considered communist and anti-American. In 2010, wealth
redistribution is the official policy of the U.S. government.
In 1950, the American people are extremely well read and are deeply interested in politics.
In 2010, the American people are obsessed with American Idol, Dancing With The Stars
and with how their favorite sports teams are doing
This is indeed a change you will believe in.
Next... 10 Signs The U.S. is Becoming a Third World
Country 1. Rising unemployment and poverty
2. Economic dependence on the state 3. Decline of civil rights
4. Increased political curruption 5. Military patrolling the streets
6. Failing infrastructure 7. Disappearing middle class.
8. Devalued currency 9. Government controlled media
10. Capital Controls
Those changes keep coming...
Next... Wal-Mart Prices Going Up
You may not have noticied; however, the mega-retailer has upped prices by nearly 6% over the last
six weeks. For example, a 12-ounce box of Quaker Oats saw a 65% increase and the price
of Tide detergent jumped 50%. Now, with the increase in wheat prices... we will see more
increase in other items as well.
Finally, Please prepare now for the forthcoming economic,
and subsequent social, unrest that will hit the US.
Good Day