Welcome to Roger's Economic Rant
February 2014 Economic Rant -Roger Mason
The beauty of the second amendment is that it will not be needed until they try to take it away- Thomas Jefferson
The government is going to avoid civil war and armed revolution by taking away all the ammunition. They know they can’t disarm 100 million gun owners, like was done in countries like Australia. The bullets are going to disappear. There are no more lead mines or lead smelters in America. NONE. States like California are going to limit bullet sales with bullet permits and background checks. This will make a huge black market in ammo obviously. People will import bullets from other states, and have their sister-in-law buy them. Gangs and criminals will laugh at all this. Buy all the ammo you can by the 1,000. You can get AR and AK for 35 cents a shot. Buy a .22 conversion for your AR and Glock, and load up on 10,000 rounds of .22 LR hollow points. Get a Ruger 10/22 rifle. Home protection should be REVOLVERS not semi-autos. You have to change out the magazines in semi-autos every 90 days, or the spring will weaken and they won’t repeat fire reliably.
This isn’t even comprehensible. Obama ran up a $6.5 trillion debt in only six years. This exceeded the debt from the 43 previous presidents combined. All debts get paid all the time- either by the buyer or the seller. There is no such thing as an “unpaid debt”. This debt will be paid off by the Much Greater Depression. That means WE pay this debt! The total and complete economic collapse of America will be the worst tragedy the world has ever seen. This will be a worldwide depression, and no country will be spared.
Meanwhile, the insane spending continues unabated. No money, just spending. Obama is going to open 70 gas stations in cities like Detroit, Newark, and Chicago to give free gasoline to poor (define that as black) people. No, that's not a joke.
There is a lot of talk about a possible staged tragedy at the Meadowlands Super Bowl in NJ. This will be blamed on Iran if it happens. We are long overdue for another major fabricated tragedy. This time people will die, unlike Sandy Hoax (not one child died) and the Boston Fake Bombing (no one was even hurt). 9/11 was done by Mossad and the CIA. Expect another hoax disaster, so martial law can be declared. Expect violence at the Sochi Olympics in Russia from Saudi Arabia. Saudi Arabia is now our sworn enemy, and the enemy of Russia. They have aligned with Israel strangely enough. The house of Saud may very well fall from this stupidity. You do not irritate the Russians, or you will be vaporized. This is why we backed down from attacking Syria last year. The only time America has backed down in 238 years. Remember that.
Half of all mortgaged Americans homes are totally underwater. Economist Fabian Calvo has exposed the fact that half of all mortgaged homes in the U.S. are not only worthless, but totally underwater- a detriment rather than an asset. The banks own tens of millions of these in-the-red homes and call them "assets". Both residential and commercial real estate will keep collapsing. There are millions of empty homes now. You'll see more empty strip malls and ghost malls and empty stores all the time. The average American home was worth about $225,000 in 2005 (when the housing bubble popped). You'll see this fall to about $100,000 within a few years. For only $5,000 buy a mere 250 ounces of silver bullion at $20, and you'll be able to buy that average home in a few years when silver hits $400. Soon, the bankers will be forced to be rental agents.
A $225,000 home in 2005 for $5,000 by 2020? Right. It's going to happen and maybe sooner than that. Let's repeat that...what was a $225,000 home will be yours for $5,000 if you buy silver now. If you are underwater in your home give the keys to the bank and walk away. It just gets worse from here.
See this 50 year chart? Look at how our debt skyrocketed after the 1980 time period. The stock markets are going to crash anytime. A 16,000 DOW is fantasy land. The insiders and billionaires took their money out of the market a long time ago. The sheeple are going to be ruined financially when this happens. It could be next week, or next year, or even longer. It’s a matter of when, not if. Remember to hold physical silver bullion, and not paper silver like SLV, or silver stocks, or any storage program. You have to hold this personally. Silver bullion your hold is your savior. A STOCK MARKET CRASH IS COMING.
Paul Behard at the Washington Examiner quotes David Marotta as showing the real unemployment rate is really over 37%. We've been understating the matter at 23%. Google "Paul Behard 37% unemployment" if you want to learn more. The official 6.7% unemployment rate is too ludicrous to comment on. Many people have just given up. Many have taken any job they can get just to pay the rent. It's going to get worse. Remember, during the Great Depression the unemployment was "only" 25%. Sounds good now.
While the western world mourns the passing of terrorist murderer Ariel Sharon. The Butcher of Beirut killed too many people to count. This is what he said publicly years ago. It was published in the major newspapers, on radio, and TV in Israel. Right, it wasn't reported at all in the western media. This is hardly a secret that they control all 535 members of Congress. He is openly bragging about it. He said this on October 3, 2001 to Shimon Peres. It cannot be denied. It is published, inarguable fact. Google "Butcher of Beirut" to find out more about this evil excuse for a human being.
UPDATE: In the last rant we reported that COMEX registered (available) gold was down to 400,000 ounces. Well, the very next day it fell to only 370,000 ounces. It keeps falling. The world is out of gold. This means everyone in America can only buy a few grams of gold, and no one else in the world gets any. The same is true with silver- only a few grams of silver for every American, and none for the other 6.7 billion people on earth. That’s grams, not ounces. The COMEX is almost empty. London Bullion is empty. GLD and SLV are almost empty. The government has none. Ft. Knox has been empty for 50 years. Only the Big Bankers, the insiders, and smart patriots own any gold and silver now. China, Russia, and Iran have loaded up. The sheeple are completely clueless, and holding green toilet paper they call “money”. Not 1 in 1,000 Americans has a serious amount of gold or silver put away. On top of this, J.P. Morgan withdrew a humongous 321,500 physical ounces of gold from their eligible (unbuyable) account.
The CDNX (the Canadian version of the HUI) just made a 9 month high. Then it collapsed. That is very important. The HUI cannot break the 220 (50% retracement) level) and gold and silver will fall. Gold could not break the $1,275 (50% retracement level). The silver chart is much stronger. Not much and not for long. This should be the very last fall in the price of gold and silver. This is the last train out folks. Buy all the silver you can at the $19 level. Your poor, old author is getting back into his silver futures after all these months. Never trade futures! Sleepless nights and high blood pressure.
We warned you this Fall this would be a brutally cold winter. Right now the entire northeast coast is under a foot of snow. The Arctic sea ice is increasing greatly. The Global Warming crowd is having a collective heart attack. All 50 states including Hawaii and California (both have frozen mountain areas) are experiencing freezing temperatures. We have been experiencing record cold miserable winters year after year. We are having global cooling, not global warming. More and more the media calls this "Climate Change" rather than Global Warming. Even the brain dead sheeple can now see how ridiculous this is. The liberals lied to us as always.
Look at this 10 year chart of buyable gold in the COMEX. It's almost gone. Silver, too.
There are two kinds of gold in the COMEX- registered you can purchase, and eligible which is privately stored. There is now almost no buyable (registered) gold and it is down to 370,000 ounces, and falling. There is a massive amount of unbuyable (eligible) gold, on the other hand, that is being stored for the Big Banks. The same basic situation is true in silver. This proves a bottom is very, very near. This was all covered in the late January Rant, and gets worse (better for us) every week. We finally have physical proof the latest price manipulation is coming to an end after more than 30 months. The price has been artificially held down for over a quarter century now. The COT report, by the way, makes no sense at all, and is probably just falsified every week. This is supposed to show the commercials (Big Banks) holdings of short and long futures positions. This report is not audited and is probably just made up now to mislead people. It does not match the collapsing world inventory of gold and silver at all.
We have been holding 1,500 tons of German gold since World War II. Shows how stupid the Germans are. Ft. Knox has been empty for over 50 years now. Germany asked for all of their gold back. We gave them 5 tons. Stop and think about this for one second please. We gave them 5 tons out of 1,500 tons. We have no gold. They are mad as hell. Hitler is rolling over in his grave at this German stupidity. We are nothing but cheap thieves and stole 1,500 tons of German gold. The world can see we are just worthless crooks.
For years we’ve begged you to sell your IRA/401k, take the penalty, and buy silver. The government is going to seize your life savings, and give you worthless Treasury annuities. Well, it has already started. www.silverdoctors.com has reported some government retirees have already had their 401k savings seized and given annuities. If you don’t turn your life savings into silver bullion, you’ll starve in the street with your stupid assed friends. There are over 30 trillion dollars (the GNP is down to about $10 trillion) in retirement funds. The government WILL TAKE THEM. Don't let them take yours. First it will be the government retirees. Then the government employees. Then the civilian retirees and employees. $30 trillion will be stolen. Don't let it happen to you. Now Obama is going to offer VOLUNTARY MyRA government Treasury security securities to the really stupid. And there is no shortage of stupid people who believe in the government. The will actually VOLUNTEER to give their life savings to Obama in return for worthless Treasury paper at a return far less than inflation. Go figure. The sheeple will feel "safe" and "secure" with their worthless gummint paper. Then they will find out it has no value at all. They'll starve in the streets.
Look at this 40 year chart of food stamp use. 1 in 6 Americans now depend on the government to feed them. In many states and counties (like right here in NC) all elementary children get a “free” government breakfast. Of course nothing is free, and someone somewhere pays for it. This gives the government even more control over your child. Plus, the high fat, high sugar, low nutrient crap they feed the children insures they will grow up sickly and brain damaged. Also, now the poor children who were getting “free” breakfasts won’t be embarrassed anymore. Everyone will be on welfare.
All the endless billions of dollars wasted on solar energy programs are finally ending, and ending in bankruptcy. There is no wattage in sunlight. It would be financially impossible to provide batteries when it is cloudy and at night. The average house would need a million dollar football field of solar cells- and still would only get 8 hours of energy a day- and only sometimes. “Solar farm” is an oxymoron. The same thing happened with those asinine windmills. Folks, we have 1,000 years of known coal reserves- right here in America. We can make $2 a gallon gasoline, diesel, and jet fuel today with SASOL plants. The government won’t allow even one of them. We have at least 100 years of known oil reserves- right here in America. Another 100 years of known gas reserves- right here in America. The idea of an “energy crisis” is ludicrous; we have a government interference problem. The Department of Energy should be shut down. Biofuels is the third delusion. It costs more to make ethanol out of corn than you get back in energy!!! People are starving in America, yet over 1/3 of the corn crop is wasted on ethanol. The only reason you even see ethanol in gasoline is because of government subsidies at your expense. Even in Brazil, where they can make ethanol out of useless waste sugar cane pulp (“bagasse”), it isn’t economical and the people won’t buy it.
Get ready for a bank crash as well as a stock crash! HSBC is now restricting how much of YOUR own money you can withdraw. Keep a small checking account, and nothing else. There are 700 trillion in worldwide derivatives. The U.S. GNP is down to about $10 trillion, and the world GNP down to about $70 trillion. The world’s second richest man, Warren Buffet warned us in 2003 that the derivatives market was ‘devised by madmen’ and a ‘weapon of mass destruction’, and we have only seen the first blast in this debt apocalypse. Get your money out of the banks, out of stocks, and out of any IRA or 401k plans. Buy physical silver and hold it personally. You can't lose at the $19 level.
Let’s be clear about something. This planet was never meant to support 7 billion people, especially when 99% of them are brain dead subhumans. A half billion would be reasonable. That means 6 ½ billion need to go (93%). This can be done be forced sterilization. The Chinese have already done this by limiting families to two children. The One Worlders do have one good idea- to reduce the earth’s population to a half billion. They are going to do this by murdering everyone, however. Vaccines and engineered plagues will do the job, and outright nuclear war will finish the job. Note how the government is pushing vaccines down everyone’s throats? Children now need up to a dozen vaccines before they finish school, depending on what state they live in. Just sign a waiver, and don’t allow your children to get any vaccine. The only vaccine you want is for smallpox, but that simply isn’t available. Smallpox is by far the biowarfare “plague of choice”. Read the book Demon in the Freezer if you want to learn more about this. This is the best biowarfare plague known, but is not talked about. Why can't you get a smallpox vaccine? It was routine a half century ago. Now you can't get one for love nor money.
You think this isn’t End Times? Think again. Just pay attention, and there is no doubt whatsoever this is End Times for the 7 billion brain dead subhumans that infest this planet. A federal appeals court ruled the taxpayers must pay for a “gender reassignment” operation for a Massachusetts inmate. He murdered his wife, is 64, and will die in jail.
They won’t know whether to send him to a male or female prison after it is done. If this doesn’t define insanity, what does? Every cell in your body has either male or female genes. You obviously cannot butcher someone, and change the DNA in the 7 billion cells an average person has in their body. If you doubt this is End Times just take a look at America's First Lady. Look at that pressed, treated "white" hair. Nice, huh? Before her we had Hillary, the Whore of Babylon.
Please read the above New York Times article from 1940. There is a New World Order, and it is run by Jewish bankers. The Federal Reserve is the central mechanism. The biggest financial scam in human history by far. The center will be the United Nations.
This is a nation gone insane. We're not merely broke, but deeply in debt to the tune of about 170 trillion dollars. Do you know what that means? It means every single person in America owes about a half million dollars in debt. A family of 4 owes $2 million. People who claim "17 trillion" or either lying or stupid. Remember the U.S. GNP is down to about 10 trillion to put that in perspective. That can never be paid off- except by a permanent depression. This country is finished after 238 years. All debts get paid.
Schools across the country are starting to give ALL children free meals. This way the welfare children won't be "stigmatized". Some will just give free breakfast at first. Some schools will feed them breakfast, lunch, and dinner SEVEN days a week. A bus will either pick them up, or deliver their food on weekends and holidays and summers. So we feed children instead of their parents feeding them. We don't want them stigmatized by free meals, so we'll give everyone free meals. High fat, high sugar, low nutrition government junk food guaranteed to make them sickly and stupid. Not much different from what their parents feed them probably. Folks, it's not this bad in Cuba! You are paying for most of this with federal aid.
Would you like to hear a few things Hillary has publicly said?
We're going to take things away from you on behalf of the common good.
It's time for a new beginning, for an end to government of the few, by the few, and for the few...... and to replace it with shared responsibility, for shared prosperity.
The general media is finally starting to pick up on the fact Hillary is dying of serious illnesses (plural). The Daily Beast said she was using blood thinners back in 1998. So, 16 years ago she secretly was being treated for blood clots. They said the media reports badly understated her health problems. Google "Daily Beast and Hillary's blood clot". The National Enquirer suggested she may be getting cancer treatments. they also suggested she dropped out of government office due to severe health issues.
Karl Marx would be proud of Hillary. She’ll meet him soon in Hell, as she’s dying of cancer and soon the media won’t be able to cover it up anymore.
This is a scam folks, and they are pulling in megabucks. They know very well she cannot run for President. On January 1 The Globe ran the headlines "Hillary Clinton Fading Fast" and Brain Tumor bombshell. Last year on January 2 The European Union Times ran the headline Obama Warned to Prepare for Hillary Clinton Death". Remember you read about her dying over three years ago here in the Economic Rant. 98% accuracy for over six years now. How is that possible? PAY ATTENTION. Great events cast their shadows before them. Just PAY ATTENTION and you can see the future. Take a good, hard look at today and you can see what tomorrow is going to bring. That's how.
Look at this American Express ad. They are going to pay you a “high-yield” interest rate of 0.85%??? Same as nothing. Might as well keep your so-called “money” under your mattress. Then they lend your money out at 5% or more interest rates. Buy silver bullion with that green toilet paper in your pocket. Sell your IRA/401k, take the penalty, and buy silver. No paper silver, no silver stocks, no storage programs. Bury it in your basement, build a patio over it, build a false wall in your house. Whatever you have to do. By the way, Bitcoin is a fine digital currency for buying and selling on the Internet, but don't think it's some kind of investment. It's not real. More "virtual" paper and computer entries. Bitcoin is not real.
McDonalds (MCD) Stock
McDonalds is failing. For the last decade McDonalds (MCD) has been one of the very best performing stocks in America. About nine months ago this all ended. When people can't afford cheap, fast food you know they are broke. This is true of Hardees, Burger King, Popeyes, KFC, Carls, and the rest of them. Solid stocks like this are perfect bellwethers to watch the real economy. The P/E ratio is a sensible 17 to 1. This was a stunning stock until 2013.
Starbucks (SBUX) Stock
Starbucks is failing. If there was ever a worthless, overvalued stock in this world, it is Starbucks (SBUX). It has a 7,554 to 1 price to earning ratio. A good ratio would be about 8 to 1. Words fail here. That means this is about 1,000 times overvalued. They have a profit margin of 0.06%. That's 6 cents for every hundred dollars in sales...the same as no profit at all. Let's say that again- they make 6 cents profit for every $100 in sales. Anyone who would pay extravagant prices for bitter coffee is a fool. There are a lot of fools in this world. Starbucks has done everything wrong over the years, yet still thrived and become the largest coffee purveyor in the world. They are still building stores, including large, expensive, stand alones. Well, the chickens are finally coming home to roost, and it is failing. People are just not going to pay up to $5 for a cup of coffee when they can get better coffee in any convenience store for a buck.
Be sure and prep. Lots of brown rice and dried beans. Walk around your house and see what you use every day. Load up on these things when they go on sale. More bullets than guns. Gasoline goes bad after a year. Convert your generator to also use propane. Get a propane tank. If you live in the city or crowded suburbs then move. Don't make excuses, just move. The more rural you live the better off you'll be. Farmers will thrive during the Much Greater Depression as food shortages get worse and food prices skyrocket. We only have 1% farmers in America now.
Target (TGT) is one of the very largest retailers in America. It is failing. People simply cannot afford to shop anymore. When companies like Target and McDonalds are failing you know the entire economy is collapsing. You just can't argue with facts.
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