Hello, this is Scott... And this is the Hyper Report for January 12th
of 2011.
Gold is currently trading at 1381.77 Silver is at 29.60
The Silver to Gold Ratio is 46.68 Oil is at 91.01
and the US Dollar is at 80.80
First...
Japan Will Buy Euro-Region Bonds
Japan will be joining China in assisting in the bailout in Europe.
Translation....Why buy Useless U.S. Treasuries when one can leverage themselves with smaller
countries?
Next...
The Fed’s QE2 Traders, Buying Bonds by the Billions
So, the govenment is spending about 100 billion dollars a month and the Fed is buying about
100 billion dollars in Treasuries. Looks very much like monetizing the debt to
me. The Federal Reserve will not monetize the
debt. Now get this, Charles Plosser, a new voting
member of the Federal Reserve's policymaking committee, believes that the program may even
backfire.
Next...
Broke and Hungry: This Chart Says It All
While the government says we are in an economic recovery, the USDA now tells us that 1 in
7 Americans now depend on food stamps. Don't be surprised if the number goes over
50 million within the next 18 months.
Next...
Decline In U.S. Housing Now Greater Than In Depression
A new report from Zillow.com, shows the peak-to-trough plunge in U.S. home
values reached 26 percent in November, down from the June 2006 high.
That beats the 25.9 percent drop between 1928 and 1933.
Yet, we are told the economy is getting better.
Next...
Assange: We're Stepping Up Release of Leaked Docs
Julian Assange, at his extradition hearing, announced that WikiLeaks will step up its
publication schedule of secret documents. I am surprised this guy has not already had
an "accident." courtesy of the those who have been, or soon will be, embarrassed by WikiLeaks.
Next...
US Anti-Twitter Subpoena Fuels Data Privacy Debate
Got a twitter accounta and are following WikiLeaks, then you may be one of the 637,000 potential
targets who's data may be searched because of a court order.
This includes information such as the source and destination e-mail addresses and IP addresses
as well. You may even be put on the No Fly list.
Next...
In Budget Crises, an Opening for School Reform
46 states are grappling with budget deficits of more than $130 billion dollars and federal
recovery dollars are drying up. To make things worse, in comparing students
from 65 countries, American 15 year olds were 17th in reading, 23rd in science and 31st
in math. Two ideas come to mind to downsize the cost
and increase the effectiveness of education: Close down the Department of Education and
outlaw Teacher's Unions.
Next...
The Economic Collapse of America : The New Normal
Please watch this You tube Video about how the Petro dollar may be the economic
trigger that results in the economic collapse of the US by StormCloudsGathering
Finally, Please prepare now for the beginning of the
economic and social unrest. Good Day