Hello, this is Scott... And this is the Hyper Report for December
1st of 2010.
Gold is currently trading at 1394.36 Silver is at 28.61
The Silver to Gold Ratio is 48.74 Oil is at 85.30
and the US Dollar is at 80.86
First...
European Interest Rates Soar
The cost of borrowing has now gone way up in Europe with investors worried about government
default. With the U.S. deficit adding to the enormous
debt, we are on the same road. The EU just appears to have successfully kicked
the can to the end of the road faster than us... For now.
Next....
Guess Who's Paying For The Greece Bailout?
If the first answer was the U.S. Taxpayer, then you are partially correct.
The US supplies almost 20%, of the IMF funding. So out of that of the $145 billion going to
Greece, $8 billion comes from the U.S. Taxpayer through the Federal Reserve.
Just think how much money will be owed when Ireland, Portugal, Spain and other nations
start needing an IMF bailout.
Next...
Unemployment Extension Unlikely
Many jobless have already filed their last claim for benefits.
Unemployed Americans, who've just exhausted their 26 week state
benefits, are already blocked from entering the multi-tiered
federal system in most states. Those already in a federal emergency benefits
tier will not be able to move to the next tier after this coming weekend.
Looks like they will need more of that Obama Money.
Next...
COMEX Silver Default Imminent!
It may be too late to get physical silver. There are over 17,000 SILVER Contracts (or
86 million oz. of silver) coming due. The COMEX only has 48 Million ounces of SILVER
that are readily available for delivery. If somehow the COMEX gets through this month.
There are about 350 Million ounces of SILVER to be delivered the next delivery monthů
March!
Next....
Cancun Summit
You just can't make this crap up folks. U.N scientists are considering putting mirrors
into space and sprinkling iron in the sea in an attempt to cut global warming.
And they wonder why more and more people no longer take them seriously.
Next...
Lame Duck Session: "It's All Rigged"
A hot microphone caught Democratic Senator Bennet saying that the lame duck session is
just rigged. So, what isn't rigged in the House or Senate
nowadays?
Next...
Senate Bill S 510 PASSED!
By a vote of 74 to 25, the U.S. Senate just voted to make you a criminal for growing your
own gardan. Well, isn't that extra special.
How do you control a population? Simple, you control their food supply.
Next....
10 Skills Needed to Thrive in a Post-Collapse World
Get your training now, because these are the hot skills you will need after the collapse:
1. Organic Gardening 2. Food Processing and Preservation
3. Hunting, Fishing, and Gathering 4. Animal Husbandry
5. Construction 6. Alternative Energy and fuels
7. Water purification 8. Basic First Aid and Natural Medicine
9. Mechanics 10. Soap and Candle Making
Finally, please prepare now for the forthcoming economic, and subsequent social, unrest that
will hit the US. Good Day