110624 - Hyper Report

Uploaded by HyperReport on 24.06.2011

Hello, this is Scott... And this is the Hyper Report for June 24th
of 2011.
Gold is currently trading at 1517.00 Silver is at 34.72
The Silver to Gold Ratio is 43.69 Oil is at 91.65
and the US Dollar is at 75.41
Congressional Budget Office Says Debt Will Reach 62 Percent Of GDP By Year's End
The national debt will reach 62 percent of gross domestic product by the end of this
year, up from 36 percent 40 years ago. The biggest long-term problem remains entitlements,
like Medicare. If they cannot be cut back or controlled,
they could potentially bankrupt the nation.
Rare Earth Prices Rise, Chinese Regime Limits Supply
Uses of rare earth metals ranged from Cellphones to missles and the US was the biggest exporter;
however, China surpassed the U.S. in the mid 80's.
Now, China is limiting export of these minerals for environmental reasons and
this is making the prices for these minerals skyrocket.
The U.S. and India still have mass deposits. So expect mines to be opening up soon.
Is The Economy Improving?
Benji Bernanke, and his den of thieves, would have people believe the US's economy is improving
however, since 2009, the national debt has increased
nearly 4 trillion dollars. In addition, unemployment was 7.6 percent
at the beginning of 2009, today it is 9.1 percent..
Many state and local governments are on the verge of bankruptcy as commercial real estate
continues to decline and all across America. That's a recovery?
Stealth Dollar Devaluation: Change The CPI
Lawmakers are considering changing how the Consumer Price Index is calculated,
a move that could save perhaps $220 billion. It would likely lead to both lower benefits
paid to seniors and higher taxes paid by most people who pay federal income tax.
Another Exchange Halts Levered Over the Counter Gold And Silver Trading
Last week it was Forex.com, now it is Oanda who is going to protect themselves by halting
the over the counter trading of gold and silver
and the fraud it has brought. Fortunately, for physical gold and silver
buyers, this means another possible buying opportunity; therefore, keep stacking.
$1400 Tax Hike Needed to Fund US Pensions
On average, state and local governments will have to raise taxes by nearly 1400 dollars,
per household, per year, for 30 years to fully fund public pensions.
New Jersey will have to raise it by nearly 2500 dollars.
They definately need more Obama money.
Obama Releasing 30 Million Barrels from US Oil Reserves
Because of the turmoil in Africa, Middle East and lowering gas prices,
the Obama administration has decided to release 30 million barrals of oil over the coming
month. Unfortunately, in 2009, the U.S average use
of oil was 19.2 million barrels a day. So, in effect, a piece of national security
has been sacrificed for a some immediate political pandering to the gullable masses.
Finally, Please prepare now for the developing economic
and social unrest. Good Day