100717 - Hyper Report
Uploaded by HyperReport on 17.07.2010
Transcript:
Hello, this is Scott... And this is the Hyper Report for July 17th
of 2010.
Gold is currently trading at 1189.90 Silver is at 17.76
The Silver to Gold Ratio is 67.00 Oil is at 77.80
and the US Dollar is at 82.56
First... China Reduces US Treasury Debt Holdings In
May China reduced its holdings of U.S. Treasury
debt in May as total foreign holdings of government debt posted a slight increase. China's holdings
fell by $32.5 billion to $867.7 billion. Total foeign holdings of Treasury securities edged
up $5.8 billion to $3.96 trillion in May, a slight increase of 0.1 percent compared
to April. Japan, the world's second-largest holder of Treasury securities, also cut its
holdings in May, to $786.7 billion. The United Kingdom, the third-largest holder, posted
a 9 percent increase to 350 billion. It appears that Asia is beginning to get out of US Treasuries
while the Europeans are continuing to buy them.
Next... China Has Been Covertly Funding A Housing
Bubble Five Times Larger Than That Of The US
The South China Morning Post, by analyizing the electricity meter readings uncovered the
fact that China has over 65 Million vacant homes and apartments. This number is five
times larger than the roughly 12 million in total US home current inventory available.
Everyone seems to believe that China's economy is where to be. Like the US, just imagine
the consequences when that particular bubble starts bursting
Next... Dollar Extends Losses On US Economy Concerns
The dollar fell further on Friday, touching the lowest level so far this year against
the yen, as weak US data fuelled concerns about the world's biggest economy. The federal
deficit hit an all-time high of $1.4 trillion last year and is forecasted to be about $1.3
trillion this year. Nothing like a exploding debt to make an economy better... NOT!
Next... Rust Discovered On Bank Of Russia Issued 999
Gold Coins Here's a head scratcher: as everyone knows
from elementary chemistry courses, gold is the most inert metal in the world - it does
not rust, nor corrode. Yet this is precisely what Russian commercial precious metal trading
company, International Reserve Payment System, discovered on thousands of (allegedly) 999
"St George" gold coins issued by the Central Russian Bank. There is no such thing as "rusted
" gold regardless of what the Russian Central Bank or so-called "independent" appraisers
say or do. Needless to say, It appears that we live in a very fraudulent world; therefore,
be careful where, and what type, you buy your precious metals from.
Finally, Please prepare now for the forthcoming economic,
and subsequent social, unrest that will hit the US.
Good Day
of 2010.
Gold is currently trading at 1189.90 Silver is at 17.76
The Silver to Gold Ratio is 67.00 Oil is at 77.80
and the US Dollar is at 82.56
First... China Reduces US Treasury Debt Holdings In
May China reduced its holdings of U.S. Treasury
debt in May as total foreign holdings of government debt posted a slight increase. China's holdings
fell by $32.5 billion to $867.7 billion. Total foeign holdings of Treasury securities edged
up $5.8 billion to $3.96 trillion in May, a slight increase of 0.1 percent compared
to April. Japan, the world's second-largest holder of Treasury securities, also cut its
holdings in May, to $786.7 billion. The United Kingdom, the third-largest holder, posted
a 9 percent increase to 350 billion. It appears that Asia is beginning to get out of US Treasuries
while the Europeans are continuing to buy them.
Next... China Has Been Covertly Funding A Housing
Bubble Five Times Larger Than That Of The US
The South China Morning Post, by analyizing the electricity meter readings uncovered the
fact that China has over 65 Million vacant homes and apartments. This number is five
times larger than the roughly 12 million in total US home current inventory available.
Everyone seems to believe that China's economy is where to be. Like the US, just imagine
the consequences when that particular bubble starts bursting
Next... Dollar Extends Losses On US Economy Concerns
The dollar fell further on Friday, touching the lowest level so far this year against
the yen, as weak US data fuelled concerns about the world's biggest economy. The federal
deficit hit an all-time high of $1.4 trillion last year and is forecasted to be about $1.3
trillion this year. Nothing like a exploding debt to make an economy better... NOT!
Next... Rust Discovered On Bank Of Russia Issued 999
Gold Coins Here's a head scratcher: as everyone knows
from elementary chemistry courses, gold is the most inert metal in the world - it does
not rust, nor corrode. Yet this is precisely what Russian commercial precious metal trading
company, International Reserve Payment System, discovered on thousands of (allegedly) 999
"St George" gold coins issued by the Central Russian Bank. There is no such thing as "rusted
" gold regardless of what the Russian Central Bank or so-called "independent" appraisers
say or do. Needless to say, It appears that we live in a very fraudulent world; therefore,
be careful where, and what type, you buy your precious metals from.
Finally, Please prepare now for the forthcoming economic,
and subsequent social, unrest that will hit the US.
Good Day