11.28.2010 Youtube Re-post by CK Hunter
Ever Wonder Why Gold & Silver Are Skyrocketing? 2011 Projects 10.2 Trillion in Global Borrowing. That’s Why.17 Nov
Copyright 11/16/2010 By CK Hunter
I am continually surprised by how little most Americans [including those with money] actually know about inflation, what it is, what it means, and how it devalues a currency over time. I shouldn’t be, though, many Americans have now taken to the horrendous habit of actually buying their groceries with credit cards, something just too insane to even imagine. Does it not occur to these folks that they will be paying anywhere from 10.6 to 18% or higher on something that will be consumed in a week, yet they will continue to pay interest on the purchase possibly for years to come, via monthly minimum credit card payments. It’s a world going mad in so many ways.
Just about the only thing right now during the window of the next 2 or 3 years, until they make it illegal to hold silver or gold [it’s coming] is buying and holding gold and silver in bullion form as a way to protect the value of what dollars one has. Not to belabor the point, here’s the gloomy news of just exactly how our dollar will continue to be debased on into 2011 and 2012:
- Dan Dorfman: Gold Ready For a Breather? (huffingtonpost.com)
- “Why Some Think a Gold Standard WouldnÃ¢â‚¬â„¢t Work” and related posts (marketoracle.co.uk)
- PRECIOUS-Gold loses 1 pct as euro hits 6-wk low vs dollar (reuters.com)
- Junk Silver Coins Gaining Recognition Among Americans Who Invest in Gold (prweb.com)
- CME raises gold, other metals trading requirements (marketwatch.com)
- News Blackout of Skyrocketing Gold & Silver Prices Proves Mass Media Censorship (alligatorfarm.wordpress.com)
- Asset Bubbles, Inflation, Economic Misery (lewrockwell.com)
- Silver Stock Report: “The scope of fraud in the silver market alone is staggering”… (projectworldawareness.com)
- Gold Rises to Record; Silver Closes at Highest Since 1980 (businessweek.com)
- Consumers Borrow More for New Cars, Student Loans (dailyfinance.com)
- Death of the Dollar (economicnoise.com)
- Rampant Inflation In 2011? The Monetary Base Is Exploding, Commodity Prices Are Skyrocketing And The Fed Wants To Print Lots More Money (businessinsider.com)
- Economic Scene: The Enduring Myth of Gold’s Record High (nytimes.com)
- The Fed Trashes the Dollar (amconmag.com)
- Investors Buy Gold Coins to Protect Themselves Against Coming Dollar Devaluation Crash (prweb.com)
- If Gold Were Money Again (dailyreckoning.com)
- Why the Fed’s ‘Trickle-Down Economics’ Is Failing (dailyfinance.com)
- “Fed QE2 $600 Billion of Money Printing Over the Next Eight Months” and related posts (marketoracle.co.uk)
- “Fed Gets Defensive Over QE2” and related posts (agonist.org)
Copyright 10.26.2010 By Chase Kyla Hunter
I have been prowling the alphabet soup news [so-called] networks for 8 weeks now, trying to spot at least one report of the most significant financial news of the year 2010 – the skyrocketing price of gold and silver. There has been not one single mention, not one sentence about this phenomenon on NBC, CBS, or ABC – or on any local media outlet in California for that matter in over 12 weeks. Don’t you find that just a little bit odd?
It’s the financial “elephant in the living room” – it also happens to be the most telling news in 2010 about the TRUE state of the economic recovery [not happening] that tells the truth about the REAL value of the US dollar, which has plummeted against other currencies and against gold and silver since August 11th – driving up the price of silver more than 20% in one month – a gain of more than the last year combined.
It’s what a call an “invisible directive” – someone somewhere is making sure that it is NOT reported as news that the price of silver went up more than 20% between september 1st and October 15th.
Don’t you think that struggling Americans should know they can now buy silver bullion coins at about $23.50 each and STILL EXPECT to get gains of $5, up to $12 to 15.00 per coin, between now and next summer? This could help many who are sitting and looking at practically zero savings account and CD or money market gains.
Keeping people “out of the know” with useless fake news has never been so apparent as when the major TV networks all happen to omit in unison the most significant dollar related news in the past 3 years. Metals are set to soar in one of those once in a lifetime bull markets like we had in the 1970s, and not a single mass media outlet [nbc, cbs, abc] is reporting on it.
This is just one of dozens of examples of how the most pertinent Real News is ignored while Americans are fed trifling non news instead.
To see the stellar rise of gold and silver int he past 8 weeks visit
Buy silver bullion to protect your dollars, and take delivery, take it home and sit on it for at least 3 years. it will surpass $40 per ounce by 2012 at least.
Chase Kyla Hunter
By CK Hunter
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