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Late May 2012 Economic Rant - Roger Mason

According to the major polls, at least 2/3 of Americans think, "things will get better". Yes, they are that stupid. Let's look at some plain facts: 48% of Americans are considered either "low income" or living in poverty by the government. 20% of households are on

Food Stamps.1 in every 7 adults is on Food Stamps. 1 in 4 children are on Food Stamps. Almost 3 out of 5 children are considered to be living in "low income" or impoverished homes. The inflation rate is 10% not 3%. The real unemployment rate is 22%, not "9%". During the Great Depression it was "only" 25%. Only 100 million Americans actually work for a living! They support the other 213 million. Many of these jobs are minimum wage and very low paying. Household income has been seriously falling for over 10 years now. Your Social Insecurity check will only buy half of what it used to. Less and less people are self employed. More and more people work for the government and are overpaid and underworked. Only half of black youths under 25 have a job. Only two thirds of Latino youth under 25 have a job. The average household debt is 50% more than their annual income. Only half of Americans over 18 are married; in 1960 72% were married. In 2005 the average home price was $225,00. It is now $150,000, and will be $100,000 by 2016. 1 in 5 Floridahomes sits vacant. New home construction approaches zero. 1 in 5 American men aged 25 to 34 lives with their parents. Health care costs are totally out of control, as is Medicaid and Medicare. ObamaCare will just make all this infinitely worse. We have 25% of the world prison inmates, but 5% of the population. We now have a police state far worse than China,North Korea, or Cuba. There are far more derivatives that the GNP of the entire planet. When these collapse the world economy goes down with them. 1 in 7 Americans has 10 or more credit cards. Credit card debt and default are at never-before-seen rates. Every man, women, child and infant in America owes a half million dollars in unfunded National Debt. The real National Debt is about $170 trillion, not $17 trillion (the entire GNP is only $14 trillion). Half of all Americans have less than $10,000 saved for retirement. Social Insecurity was broke decades ago. One in six of the elderly live below the poverty line. Half of all homes get some kind of gummint check. During Obama’s three years in office he accumulated more government debt that in the entire history of this country from George Washington. to when Bill Clinton took office. In a mere three years he accumulated more debt than in 216 years. This is incomprehensible. Only 1% of us farm for a living. During the Great Depression 25% of Americans were farmers. How and where are we going to get our food? Americans hog down more prescription drugs that anyone on earth. America spends HALF the entire worldwide war budget (with 5% of the world population) to attack other countries for no good reason at all. The entire War on Terror is a hoax. Al Queda is a media invention. The Taliban poses no threat to us at all. The Constitution and Bill of Rights have been flushed down the toilet. Every week more Marxist, totalitarian police state bills get quietly passed by Congress with no media coverage.

Now explain how anything will get better.

There are about 50 million children in grades 1 to 12, and about 5 million on Ritalin and other such AHDH drugs. Since nearly all of them are boys, that means about 1 in 5 are now drugged up. This is a PUBLIC (e.g. government) school problem, and not a private

or parochial school issue. They don’t drug their students hopped up on amphetamines. Ritalin is methylphenidate- the Cadillac of speed. The public schools now routinely have fully armed police officers. The private and parochial schools have none. High schools here in NC have THREE armed police officers at every high school and TWO in the middle schools. They are called "resource officers". Folks, it is not this bad in Russia, China, Cuba, or North Korea! Admit it.

Would you like to know how to get rich?

Buy value and hold for the long term.

Buy and hold and add on dips.

Be right and sit tight.

Never trade, never trade, never trade.

Buy silver bullion and hold it in your owns hands until it goes to $400 plus.

 


 

The Quote of the Decade:
“The fact that we are here today to debate raising America 's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
~ Senator Barack H. Obama, March 2006


If all 7 billion humans on this earth died today, it would not really affect the carbon dioxide levels on earth at all. The liberals are calling carbon dioxide a “pollutant”. Life on earth would stop today without vital CO2. Carbon dioxide is anything but a pollutant. Every plant on earth needs carbon dioxide. In the past, our planet actually had much higher levels of carbon dioxide. When there are high levels of carbon dioxide in the atmosphere, plant life thrives, and more food can be grown. So, if you want the earth to be more "green", you should actually want even higher levels of carbon dioxide. Unfortunately, this kind of logic evades the "true believers". Morons like Al Gore run around the planet declaring that global warming is going to bring an end to life as we know it if something is not done immediately. The earth is not warming folks. It’s all a scam to maintain government control thru false ecology scares. This has nothing to do in any way with “protecting Mother Earth”, or any other such idealist goals.

OCCUPY BILDERBERG

The Bilderbergers are going to have their annual meeting in Chantilly, VA this year from May 31 to June 3. Chantilly is right off the Washington Beltway, and close to many other cities. There are lots of hotels to stay at, and three airports to go to as well, as an AMTRAK station. Go there and tell the world how you feel about the Bilderbergs. The confused liberals at Occupy Wall St. should move down there and do something valuable, instead of acting stupid.

On May 3 silver broke the $30 level, and the HUI fell 20 points down to a new 20 month level. There is an 82% correlation between the HUI and the gold/silver prices. Gold could fall to $1,500 and silver to the $27 level intraday. On May 14 the HUI broke the very important 400 support level. A 50% correction in silver from the $49 high last year would take it down to $24.50. On May 14 silver hit $28.20. For years now we’ve warned do NOT buy silver stocks or any paper silver. Just buy bullion and hold it yourself. The commercials (J.P. Morgan and the boys) are down to 18,000 net short silver contracts on the COMEX. (They used to control three times this much.) What does that mean? It means they control 90 million ounces of silver, when there are only 30 million ounces of available (“registered”) silver on the COMEX. This means they control THREE times the COMEX silver. Actually, there may only be a fraction of that supposed 30 million ounces, as they are self auditing. That is the same as no auditing at all. They control 15 million ounces of gold, and the COMEX registered stocks are only 2.4 million ounces. So, they control SIX times the COMEX gold. This still leaves them with a lot of power and control for now. All manipulations fail and fail miserably in the end. This one will soon fail and fail miserably, and gold and silver will take off.


BUFFETT PAYS FAR MORE INCOME TAX THAN HIS SECRETARY.

Look at this 5 year chart of famous Warren Buffett’s "legendary" Berkshire Hathaway. It has fallen from $150,000 to only $120,000. It was down to $75,000. Adjusted for inflation, this is much, much worse. In 2001 it took 17,000 ounces of silver to buy one share of BRKA. Now it takes a mere 3,200 ounces of silver. Buffett could have bought entire silver and gold mines with his money. He didn't. Buffett is a senile, drooling old government shill who whores for the One World Order. He can't pick his nose, much less pick stocks. Blindfolded monkeys with darts could do better, because at least they would break even picking stocks with a dartboard. Remember that Buffett pays far more income tax than his secretary, Debbie Bosanek. Everyone pays the same capital gains tax of 15%. There should be no capital gains tax at all, since you've already paid income tax on the money you invest. The Big Lie is the Buffett Rule, but the brain dead sheeple swallow it hook, line, and sinker. His partner, Charlie Munger, was on CNBC this week telling the world, "Civilized people don't buy gold; they invest in productive businesses." Silver doesn’t even exist. Just as senile as Warren. Now Bill Gates has joined them telling the sheeple not to buy gold, and silver doesn't exist. Soros, on the other hand, is up to his ears in gold. Both gold and silver have gone up more than 500% in the last 10 years, while BRKA has lost money. That says it all. You don’t “invest” in gold or silver. You trade green toilet paper for real money- gold and silver has been the only real money for 2,000 years now. The annual Berkshire Hathaway meeting was held in Omaha on the 5th. 35,000 morons from around the world flocked to get misled, lied to. Disinformed, drugged up, brain dead Boner, the singer for the rock band U2, was in the front row. They use Boner to sing propaganda to the equally doped up, naive young people. Both Warren and Charlie are dying of prostate cancer, and the world will be a better place when they’re gone. The real question is why the mega-rich would sell out to the government.

You need to understand when the government wants to "tax the rich", it is just the gateway to taxing everyone! First, you tax those evil, dirty, awful rich people. Then you tax the upper middle class. Then you tax the middle class. They you tax the lower middle class. Then you tax the poor, and those on welfare, and Social Insecurity. If you took every penny from the top 1% (who pay 40% of all taxes), you wouldn't put a dent in the National Debt. That's right, the top 1% pay 40% of the taxes, while the bottom 50% pay nothing at all. If you stole all the money from those evil, dirty, awful rich people and gave it to “the poor” it wouldn’t change a thing.


Look what happened right after Obama got elected. The Fed ran the printing presses 24/7 counterfeiting money. Does this prove to you hyperinflation is our future? The dollar will no longer be the reserve currency. The dollar will be replaced with the New Dollar in the next few years. Turn in 10 old dollars and get 1 New Dollar, and lose 90% of your life savings. What a deal! If you own silver (or even gold) this will not happen to you.

Hyperinflation is our future. Anyone who talks about "deflation" is brain damaged. Yes, residential and commercial real estate will keep collapsing for years, because they were both bubbles. This has nothing to do with deflation. That green stuff in your wallet is toilet paper, backed by ignorance and stupidity. Folks, this chart is right from the Federal Reserve. All paper will be worth paper. Remember those six words folks.

Please go watch this short video, "If I wanted America to be a Dictatorship".

http://www.informationclearinghouse.info/article31241.htm

Information Clearing House has some excellent articles all for free. Just go to www.informationclearinghouse.com. Another good one is www.activistpost.com.

On October 3, 2001 Ariel Sharon told Shimon Peres (on Kol Israel Radio), “Every time we do something, you tell me, "America will do this”, or "will do that". I want to tell you something very clear. Don’t worry about the American pressure on Israel. We, the Jewish people, control America, and the Americans know that.” This is a matter of public record, and this statement was very well received in Israel. This cannot be denied. Everyone in Congress is completely controlled by Israel except Ron Paul.


 

“The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their President.”

The above is compliments of www.darkmoon.me. This is a very good website from Lasha Darkmoon in Montenegro.

The pseudo-conservatives (like Rand Paul) are telling us we should privatize the TSA! What a load! We need to do away with all airport (bus, train, and sports events) security inspections, not let private police do it. Who cares who x-rays your baggage, x-rays your children, roots thru your luggage, makes you take your shoes off, and all the rest of that insulting behavior? Heard all that crap about "secret bomb underwear" on the media? Well, that is a prelude to more travel restrictions and airport security. There is no "secret bomb underwear" for God's sake! 9/11 was an inside job as was the Shoe Bomber and the Underwear Bomber, and all the other government perpetrated frauds the public swallows so willingly. British intelligence M15 and M16 invented the“secret underwear bomber”. Look for more police state travel restrictions.

THERE ARE OVER $700 TRILLION IN WORLDWIDE DERIVATIVES.

THE U.S. GNP IS ONLY $14 TRILLION. THEY WILL COLLAPSE.

THIS WILL BE THE WORST WORLDWIDE DEPRESSION IN HISTORY!

Robert Shiller (who created the famous "Gold Standard" Case-Shiller Housing Index) said we will probably not see a real turnaround for housing in our lifetimes. The average home price has fallen from $225,000 in 2005, to only $150,000, and is headed towards $100,000- or less! If you buy a mere 250 ounces of silver now at $30 ($7,500) you will be able to buy the average home within five years for cash. If you buy 500 ounces of silver ($15,000) you will literally buy a lovely mansion in five years. The average home in America will fall to $100,000 in the next few years, and maybe worse. Banks will be forced to become rental agents with their millions of empty homes. Buy a lousy 500 ounces of silver, and you can live in a fully paid for mansion of your choice in less than five years. Yes, a luxurious mansion for a lousy $15,000. Time will tell. Time always tells. Put your economic faith in silver bullion.

For those of you who want a side bet on silver please consider December 2013 $75 call options. They are very cheap at less than $1,000 a block now. Your poor old author bought 12 a year ago, and paid too much, since silver has fallen over 40% already. Now your poor old author has 36 now to average down the cost. If you believe silver is going to $75 by December of 2013 (19 months from now) buy some. That would make them worth about $75,000 each. Yes, a 7,500% profit if it happens. This is a great side bet with huge upside potential. Just call your broker and ask him about long term call options. (Yes, 36 blocks would come to about $2.7 million when silver goes to $75. The cost was only $100,000. The cost now is about $32,000.)After the election the economy is going off a cliff.

Do you have an IRA or 401k? Then you are going to starve in the street with your brain dead friends. No, the government won't be able to afford to feed you. No, the Salvation Army can't feel 300 million sheeple. Nor can the Red Cross. The government is going to seize your life savings, and give you a worthless Treasury annuity for your "safety" and "security". We all want to feel safe and secure by having the government micromanage our lives, right? Now, Spain is about to seize everyone's money, and force them to buy worthless Spanish bonds they don't want. This will happen in America, like it has happened in other countries already. The stock market will tank, the media will tell you stocks are "unstable" and risky", and then you'll wake up one morning and the government will take your life savings. You'll have a worthless annuity, and starve in the street with the rest of the sheeple. Economist Martin Feldstein wrote an article "Time for Householders to buy Bonds and Save Spain" in The Financial Times. He told the people of Spain it was their "patriotic duty" to buy bonds to save the country. Well, they won't "buy" anything; their money will be stolen by the government. Sell your worthless IRA or 401k, and buy silver bullion and hold it yourself. No paper silver, no silver stocks, no storage programs, just bullion in your own hot little hands. This is a warning folks...one Monday morning you will wake up to find the government has seized all the IRAs and 401ks, and turned them into worthless Treasury annuities. Your life savings will go down the toilet. You'll starve in the street with your dumbassed friends. All paper will be worth paper. Keep repeating those six words...all paper will be worth paper.



This is a 3 month chart of the HUI (basket of unhedged gold stocks). You can see it has collapsed from about 560 to 390 just in 90 days! There is a short term 0.82 correlation between the HUI and gold and silver prices.(There is still a 0.56 long term correlation as well.) The HUI has been an excellent predictor of gold and silver prices. This clearly shows silver and gold are falling. We could easily see $1,500 gold and $25 silver in May and June. This will be the bottom. This is a massive "base" over the last year, and precious metals are going to the Moon to refuel for the trip to Pluto. Your poor old author is short 20 silver futures contracts at $31.50 and will exit at $26.50 ($500,000). Why fight the short term? You, on the other hand, should load up on silver bullion, and not play dangerous highwire paper games like this. You lose sleep and get high blood pressure.

The media has been celebrating the anniversary of the Navy seals executing Osama Bin Laden last May. This is a complete scam, as Bin Laden died in 2001 at Tora Bora of chronic kidney disease. Notice they took no photos of the body, no DNA sample, and did not find a dialysis machine? The Navy seals were then murdered weeks later to shut them up. That was their reward for patriotism and dedication. Yes, we murdered our own soliders, just like we murdered innocent people in 9/11. Google “Bin Laden died in Tora Bora”, or “Bin Laden died in 2001” to see the proof. The website What Really Happened is especially factual here.

Remember Menachem Begin, the Prime Minister of Israel. Do you know what he said before the Knesset (Parliament) as reported in the New Statesman June 25, 1982? “Our race is the master race. We are divine gods on this planet. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle at best. Other races are considered as human excrement. Our destiny is the rule over the inferior races.” That’s what he said 30 years ago in front of the Knesset. It can’t be denied. It’s historical fact. Right from the Prime Minister.

The Zionist Warburg family is one of the owners of the Federal Reserve. The Fed is entirely owned by private Zionist banks. Paul Warburg co-authored the Federal Reserve Act, and was a member of the CFR. On February 17, 1950 he testified before the U.S. Senate and bragged, “One way or another we will have a one world government. The questions is whether it will be by consent or by conquest.” This is recorded Senate testimony and cannot be questioned. The Rockefeller family are gentile Zionists. "You don’t have to be Jewish to be a Zionist". That’s a quote from Joe Biden. Just ask Bill and Hillary about gentile Zionists.


BARACK OBAMA IS A PROVEN HOMOSEXUAL COKEHEAD

In June 2009 he invited homosexual leaders to the White House for Gay Pride month. He promised to work with them and be their "champion". In November of 1999 Senator Obama met with flagrant homosexual Larry Sinclair for sex and cocaine in a limousine, and then in a Chicago hotel room. Sinclair has documented all this, and written a book Barack Obama & Larry Sinclair- Cocaine, Lies, Sex, and Murder. There has been a media blackout on this. He has the receipts, and the verification by the limo driver that night. Sinclair spoke at the prestigious National Press Club in Washington, DC on June 18, 2008, and related all this to the most powerful and influential reporters in America. These people at the NPC are dead serious journalists. Yet, this has been covered up completely. Sinclair's mother verifies her son told her all this in 1999. The President of the United States is a homosexual cokehead. Now, will you admit this is End Times? Obama makes Jack Kennedy look like a saint. At least Jack had sex with women, and not men. Why isn't the media telling you these things? Are they too busy telling you what Justin Beiber and Lady Gaga are doing? If Sinclair is a liar, it would be very easy to expose him, and then punish him for libel and slander.

See you in June folks.

 


 

 

 


 


 


 


 


 

 


 


 


 

 

 

 

 

 

 

 

 

 

 

 

 

 



 


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