110215 - Hyper Report

Uploaded by HyperReport on 15.02.2011

Hello, this is Scott... And this is the Hyper Report for February
15th of 2011.
Gold is currently trading at 1373.00 Silver is at 30.72
The Silver to Gold Ratio is 44.68 Oil is at 85.27
and the US Dollar is at 78.37
France Wants New Global Finance System
Now France is joining the international choris that wants a new global finance system that
is based on several international currencies. Hitch America to 19 other currencies? What
could go wrong? Opps, the euro part deux.
Debt Now Equals Total U.S. Economy
Odrama projects that the gross federal debt will top $15 trillion this year, officially
equalling the size of the entire economy. The 2011 budget will see the biggest one-year
jump in debt in history. Now isn't that special.
White House Expects Deficit to Spike to $1.65 Trillion
The federal deficit will spike to 1.65 Trillion for this fiscal year and will equal about
10.9 perecent of GDP. In addition, Odrama is propsing a $3.73 Trillion
dollar budget for next fiscal year. How can we have a nearly $4 trillion budget
while only collecting $2 trillion in taxes? The so-called 100 billion dollars in fiscal
cuts being discussed is pretty much jettison a few deck chairs and claiming that the Titanic
has been saved.
As George Washington said..."The last official act of any government is to loot the treasury."
Geithner Tells Obama Debt Expense to Increase to Record
The days of low borrowing costs to service the national debt are all but over.
Interest expense will rise to 3.1 percent of GDP by 2016.
Demand for Treasuries remains close to record levels at government debt auctions, thanks
to the Federal Reserve monetizing the debt. The Federal Reserve will not monetize the
Surging Corn Set To Fuel Widespread Price Hikes
The rising price of corn, that is used in the vast majority of foods, is finding its
increased price, of over $7 a bushel, into a multitude of products.
The USDA reported that corn supplies are at their tightest level in 15 years; yet we still
make ethonol.
Clothing Prices to Rise 10 Pct Starting in Spring
Cotton has more than doubled in price over the past year, hitting all-time highs.
The price of other synthetic fabrics, some that use oil, have jumped roughly 50 percent.
When reviewing the production costs in clothing, raw materials account for 25 to 50 percent
and labor is from 20 to 40 percent; thus, leaving
no doubt about increasing prices of clothing.
Inflation, Hyperinflation and Real Estate
Because of lack of buyers and interest rates being high during high inflation or hyperinflation,
the pool of customers to buy houses shrinks; therefore,
the prices of houses go down relative to other goods and services.
As an example, in Chile during their 1973, hyperinflation, a house went from $650,000
to $90,000. You can buy a house cheap during a hyperinflationary
event; however, you will need to buy it in one shot using money.
Finally, Please prepare now for the beginning of the
economic and social unrest. Good Day