100917 - Hyper Report


Uploaded by HyperReport on 17.09.2010

Transcript:
Hello, this is Scott... And this is the Hyper Report for September
17th of 2010.
Gold is currently trading at 1280.25 Silver is at 20.89
The Silver to Gold Ratio is 61.29 Oil is at 75.13
and the US Dollar is at 81.15
First.... Euro Rallies Through Key Resistance Following
Spanish Debt Auction Unlike the US Teasury auction which met with
weak sales, the Euro rose to its highest level in more than a month
after a strong debt auction in Spain.
Perhaps this is because of mixed results from U.S. economic data on manufacturing,
jobless claims, wholesale prices and capital inflows.
Next... Losses From Fannie Mae, Freddie Mac Seizures
May Near $400 billion Fannie and Freddie hold $1.6 trillion worth
of mortgage loans and taxpayer losses from the government seizure
of these two mortgage giants could reach nearly $400 billion.
Yes, the great experiment in letting unqualified people buy houses they cannot afford is coming
to an end.
Next... Foreclosures Rise; Repossessions Set Record
US foreclosure activity rose in August from the previous month,
and banks and lenders took ownership from homeowners at a record pace at over 95,000
homes. In all, over 330,000 properties were in the
foreclosure process.
In addition, there is still a buildup in delinquent loans that are not in foreclosure.
So get ready for more record foreclosures in the near future.
Next... Congressmen Weiner and Waxman Set Gold Hearing
Well, it looks like the pressure is on to try to get the masses to not buy gold and
buy soon-to-be worthless T-bills folks! Now the irresponsible lunitics who helped
bring gold to these prices, want to hold hearings on gold.
Let them have their hearings... It will be laugh-out-loud funny as the Congressman
Weenie and Earwax explain why gold is going up in value.
Money may not grow on trees; however, US dollars may as well do.
Perhaps we will have another colossal gaff like the one at the CFTC meeting in April
exposing the 100:1 paper to physical ratio. Anyway, while the gullible crowd is following
the high price of gold and selling it to Cash-4-Gold at 10 cents on the dollar,
smart investers will looking at the following:
Next... Silver Offers Investors an Outstanding Opportunity
to Make Large Profits No question about it, perhaps because of investing
or industrial uses, silver is on the rise.
The price of Silver has increased by 20%, compared to gold’s 15%, since the start
of 2010.
On the investing side, for the very first time in our history, all currencies are now
fiat.
In addition, it is a known fact that every fiat currency,
since the Romans started diluting the silver content of their Denarius,
has ended in devaluation and eventual collapse of both the currency and of that particular
economy.
In otherwords, hyperinflation, not the barbarians destroyed the Roman Empire.
Today, silver remains extremely undervalued and the recent move above $20/oz signifies
that a major shift is occurring in this market.
It is expected that the price of silver will be torwards $25 before the end of the year;
therefore, buy physical silver.
Finally, Please prepare now for the forthcoming economic,
and subsequent social, unrest that will hit the US. Good Day