Nov 14

For your information.

The elitists vs. the people.



YouTube Added: 13.11.2011

For more information: Thrive

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Nov 12

The Thanksgiving dinner cost chart details the increased numbers since 1986:

- Your Most Expensive Thanksgiving Meal | Food Costs Soar, Highest Jump in 20 Years (Natural Society, Nov. 11, 2011):

Thanksgiving is a time for families to come together and celebrate, but this year may be your most expensive Thanksgiving yet thanks to skyrocketing food costs and an overall increased demand for poultry. It now costs, on average, $49.20 to feed 10 individuals on Thanksgiving. Up $5.73 from last year according to the American Farm Bureau Federation, the cost is about 22 percent more expensive than it was last year.

Last year, a 16-pound Thanksgiving turkey was priced at $17.70. This year, the same bird costs an average of $21.60. The price rise signifies the highest jump in 20 years.

Due to the increased cost of delivery, rising food costs, and the overall handling of food, supermarkets and other food sellers are increasing prices across the board. In fact the difference in price does not only apply to the Thanksgiving turkey. The cost of many other food items also increased from last year, including milk and other popular Thanksgiving food items:

  • 1 gallon of milk went up by 42 cents since last year to $3.66.
  • Pumpkin pie mix: up 41 cents to $3.03.
  • Whipping cream: up 26 cents to $1.96
  • Cubed stuffing: up 24 cents to $2.88
  • 16-pound turkey: up $3.91 to $21.57
  • Green peas: up 24 cents to $1.68
  • Dozen rolls: up 18 cents to $2.30
  • Sweet potatoes: up 7 cents to $3.26
  • Fresh cranberries: up 7 cents to $2.48
  • Pie shells: up 6 cents to $2.52
  • Misc. ingredients: up 12 cents to $3.10
  • Relish tray: down 1 cent to $0.76
  • Total: up $5.73 to $49.20

The rising price of food and the effects on the global economy
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Nov 11


YouTube Added: 09.11.2011

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Oct 25

See also:

- Dr. Paul Craig Roberts: The Day America Died – The Only Future For Americans Is A Nightmare


Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

paul-craig-roberts
Dr. Paul Craig Roberts

- The End of History: Now that the CIA’s proxy army has murdered Gadhafi, what next for Libya? (Global Research, Oct. 21, 2011):

If Washington’s plans succeed, Libya will become another American puppet state. Most of the cities, towns, and infrastructure have been destroyed by air strikes by the air forces of the US and Washington’s NATO puppets. US and European firms will now get juicy contracts, financed by US taxpayers, to rebuild Libya. The new real estate will be carefully allocated to lubricate a new ruling class picked by Washington. This will put Libya firmly under Washington’s thumb.

With Libya conquered, AFRICOM will start on the other African countries where China has energy and mineral investments. Obama has already sent US troops to Central Africa under the guise of defeating the Lord’s Resistance Army, a small insurgency against the ruling dictator-for-life. The Republican Speaker of the House, John Boehner, welcomed the prospect of yet another war by declaring that sending US troops into Central Africa “furthers US national security interests and foreign policy.” Republican Senator James Inhofe added a gallon of moral verbiage about saving “Ugandan children,” a concern the senator did not have for Libya’s children or Palestine’s, Iraq’s, Afghanistan’s and Pakistan’s.

Washington has revived the Great Power Game and is vying with China. Whereas China brings Africa investment and gifts of infrastructure, Washington sends troops, bombs and military bases. Sooner or later Washington’s aggressiveness toward China and Russia is going to explode in our faces.

Where is the money going to come from to finance Washington’s African Empire? Not from Libya’s oil. Big chunks of that have been promised to the French and British for providing cover for Washington’s latest war of naked aggression. Not from tax revenues from a collapsing US economy where unemployment, if measured correctly, is 23 percent.

With Washington’s annual budget deficit as huge as it is, the money can only come from the printing press.

Washington has already run the printing press enough to raise the consumer price index for all urban consumers (CPI-U) to 3.9% for the year (as of the end of September), the consumer price index for urban wage earners and clerical workers (CPI-W) to 4.4% for the year, and the producer price index (PPI) to 6.9% for the year.

As statistician John Williams (shadowstats.com) has shown, the official inflation measures are rigged in order to hold down cost of living adjustments to Social Security recipients, thus saving money for Washington’s wars. When measured correctly, the current rate of inflation in the US is 11.5%.

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Oct 19

Flashback:

- UK Energy Firms Profits Soar By 38% Following Price Hikes


- Inflation hits 19-year high of 5.2pc on higher energy costs (Telegraph, Oct. 18, 2011):

The last time the consumer prices index (CPI) was higher was March 1992, when it reached 7.2pc, according to the Office for National Statistics (ONS) data.

Annual inflation was also 5.2pc in September 2008, when oil rocketed to an all-time high of $147 a barrel and the global financial system was on the brink of collapse following the failure of Lehman Brothers.

The ONS said that the price rises of four of the six large utility companies have been factored into the inflation figure so far. The other two will be reflected in the October inflation figures.

Bills for gas, electricity and other fuels rose 18.3pc on the year in September, while transport costs were up 12.8pc. Food prices were 6pc higher than last year. Economists had expected CPI to be between 4.9pc.

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Aug 31

Before:

- Welcome To Hyperinflation Hell: Following Currency Devaluation, Belarus Economy Implodes, Sets Blueprint For Developed World Future

- Belarus Devalues Its Currency By 56% Overnight, Against Every Currency Out There

- Belarus Central Bank Halts Sales Of Gold For Roubles

Got PHYSICAL gold and silver?


- Belarus Hyperinflation Update: Food Runs Out As Friendly Foreigners Take Advantage Of The “Favorable” Exchange Rate Arb (ZeroHedge, Aug 31, 2011):

Yesterday we had the first case study of what happens in a hyperinflation, when we noted that the local central bank had just hiked interest rates from 22% to 27%. Net result for the economy? Zero. Today is case study #2 where we learn what happens to an imploding economy which happens to be surrounded by friendly neighbors who just happen to find themselves in a massive arbitrage courtesy of a currency that is losing multiples of its value on a monthly if not daily basis. Per Bloomberg: “Belarus’s supermarkets are running out of meat as Russians take advantage of a currency crisis that a devaluation and the world’s highest borrowing costs have failed to stem. “All meat has gone to Russia,” Alexander Andreyevich, an 82-year-old former tractor-plant worker, said Aug. 25 in Minsk, the capital. “My relatives near the Russian border called me a few days ago and said the shops are empty.”…”Private stall owners simply go and buy meat from state- owned vendors and sell it a couple of steps away for a hefty profit,”Deputy Agriculture and Food Minister Vasily Pavlovsky told reporters in Minsk Aug. 24. The government banned individuals in June from taking basic consumer goods such as home appliances, food and gasoline out of the country. Russians, buoyed by the removal of border checkpoints July 1 as part of a customs union, have circumvented the restrictions.” Funny- if the locals had preserved their purchasing power by holding their money in gold, they would not find themselves in a position where those who still have a stable fiat exchange rate (for the time being) can literally steal products from under their noses for a paltry sum as sellers scramble to converts products into some currency before it is devalued even more tomorrow.

More from Bloomberg:

The crisis has sparked protests as Belarusians vent their anger at President Alexander Lukashenko, dubbed Europe’s last dictator by the administration of former U.S. President George W. Bush. While the authorities have sought to control food costs to quell public discontent, buyers from neighboring Russia have pushed meat prices higher.

Belarus will allow the ruble to float from mid-September and will remove restrictions on depositors seeking to exchange local currency for dollars and euros, Lukashenko said yesterday.

“The Belarusian ruble’s exchange rate will be determined by supply and demand, as with any other commodity,” he told the government and central bank, according to the Belta news service. “We will not support the exchange rate artificially.”

What happens then is simple: revolution, as the currency will collapse into a hyperinflationary vortex. We fully expect the exchange rate a year from today to be several million percent higher, as the ghost of Weimar and all other failed Keynesian experiments moves in to haunt this former Soviet satellite country.

It gets worse:

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Aug 13

- Recessionspotting: “You Are Here” (ZeroHedge, Aug 13, 2011):

Now that even the likes of Joe LaSagna are starting to throw out the R-word about as casually as they did a 4% 2011 GDP target as recently as 2 months ago, it is becoming increasingly clear that the market is pricing in the fact that post a few more historical BEA revisions, the prior two real GDP reads will end up having been, shockingly enough, negative, i.e., your garden variety recession. So where does that put us on a market performance continuum, for those wishing to extrapolate how much further stocks and, yes, bonds (because credit is and always has been a far better indicator of objective market reality) have to drop before we hit the proverbial floor. Well, according to Morgan Stanley, quite a bit lower: “Despite the recent decline in risk assets, we do not believe that recession is in the price. Exhibits 3 and 4 show the typical declines in developed market risk assets in recession. Compared to corrections in past recessions, S&P prices and corporate credit spreads would have more to go, though spreads are starting from a higher level than typically precedes recessions.” What is startling is that should central planners lose all control (and with central bank intervention upon intervention, one can argue that should all artificial props be removed, the market really ought to plunge in a Great Depression-style tailspin), the drop from the April 29 peak to the bottom will be roughly 4 times greater… which means the S&P would hit the proverbial “S&P 400″ which is the long-term target of the likes of some more popular skeptics such as Albert Edwards and Russell Napier. As for credit: watch out below.

Equities:

and Credit:

And completing the pain, again from Morgan Stanley:

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Aug 01

See also:

- Broke! 10 Facts About The Financial Condition Of American Families That Will Blow Your Mind

- ‘Welcome to the Recovery’: Why Another 11 Million Mortgages Will Go Bad

This is the ‘Greatest Depression’ and the worst is yet to come!


- 10 signs the double-dip recession has begun (MSNBC July 31, 2011):

Friday’s news on GDP shows the double dip has arrived – an expansion of only 1.3 percent and consumer spending up 0.1 percent in the second quarter. Astonishingly low by any account. The debt ceiling trouble and lack of a longer term resolution to the deficit will make it worse.

The U.S. has entered a second recession. It may not be as bad as the first. Economists say that the Great Recession began in December 2007 and lasted until July 2009. That may be the way that the economy was seen through the eyes of experts, but many Americans do not believe that the 2008-2009 downturn ever ended. A Gallup poll released in April found that 29 percent of those queried thought the economy was in a “depression” and 26 percent said that the original recession had persisted into 2011.

It is any wonder that many Americans believe that the economic downturn is still in progress? Home prices have fallen to 2002 levels. Values have dropped nearly 50 percent in parts of Florida, California, Nevada and Arizona. Property values are also down that much in parts of troubled big cities like Detroit. Estimates are that as many as 11 million homes have underwater mortgages. Banks have inventories of as many as 2 million foreclosed homes which have not even been released to the market. Home prices could fall another 10 percent if current trends persist.

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Jul 25

- Gold climbs as U.S. debt-ceiling talks continue (MarketWatch):

Adjusted for inflation, gold would have to settle at around $2,400 an ounce to supplant a record around $850 an ounce reached in January 1980.

- COMMODITIES-Gold hits record, oil slides on U.S. debt delay (Reuters):

SINGAPORE, July 25 (Reuters) – Gold surged to a record high and oil and other commodities fell on Monday as investors flocked to safer assets with time quickly running out for U.S. lawmakers to reach a debt deal, raising the prospects for a disastrous default.

- Gold Climbs to Record as U.S. Debt Talks Stall; Copper, Oil, Corn Decline (Bloomberg):

Immediate-delivery gold gained as much as 1.4 percent to $1,624.07 an ounce and traded at $1,614.19 by 1:24 p.m. in Singapore.

Inflation adjusted gold should be much, much higher than the above mentioned $ 2400 an ounce and I’ve told you so before.

Actually since 2000 (long before the creation of Infinite Unknown) I’ve told people to heavily invest in gold and some time later also to invest even more heavily in silver.

I saw always surprised faces when I told people how much as a percentage of my portfolio (100%) I would invest in gold and silver if I were them.

There are times when it is safe and reasonable to lay all your eggs in one basket.

In the last 10 years gold is up over 490% and silver over 840%. I call that a ‘good investment’ ( I know that this is not the correct term here, because gold and silver are money.).

And the best is yet to come.

Video:  Silver: Shortage This Decade, Will Be Worth More Than Gold

Yes, there is ‘high volatility’ (manipulation) in the markets and there might be some more ‘corrections’ coming (Illuminati bankster paper attacks), but generally speaking gold is still a bargain and silver is still ‘dirt cheap’.

And if you invest every month part of your income in gold and silver (especially right after the monthly paper attacks) you do not have to worry about volatility.

Gold (and silver!!!) is the real money of the elitists and they do not want you to invest in the only financial safe haven.

AND no matter what happens gold and silver will never go to ZERO unlike fiat currencies!

Got PHYSICAL(!!!) gold and silver? (Not to forget food, water, a remote farm etc. )

Flashback:

- Inflation, Hyperinflation and Real Estate (Price Collaps)

- Argentina’s Economic Collapse (Documentary)

This is the Greatest Depression and it has only just begun.

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Jul 15

Now there is NOTHING left and all those taxpayer looting bailouts and the useless stimulus package made things much worse.

This is the Greatest Depression and the greatest financial collapse in world history is near.

- The No.1 Trend Forecaster Gerald Celente: Collapse – It’s Coming! Are You Ready? (06/14/2011)



YouTube Added: 21.01.2008

When a country embarks on deficit financing (Obamanomics) and inflationism (Quantitative easing) you wipe out the middle class and wealth is transferred from the middle class and the poor to the rich.
- Ron Paul

“Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.”
- Ron Paul

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