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You Can’t Eat Gold And Silver

Empty Supermarket - Photo by InfrogmationIn the event that a major crisis or emergency strikes the United States, you are not going to be able to eat your gold and silver.  If we get into a situation where supermarkets get cleaned out and food supplies get very tight, you are going to wish that you had stored some things away for your family.  Now don’t get me wrong – I actually love gold and silver.  I believe that they are both going to multiply in price during the years ahead.  I particularly love silver for a couple of reasons.  Unlike gold, silver is used in thousands upon thousands of different consumer products, so the physical supply is constantly diminishing.  And historically, silver comes out of the ground at about a 10 to 1 ratio compared to gold, but right now the price of gold is about 65 times the price of silver.  At some point there is going to be a massive adjustment there.  But if you just rely on accumulating gold and silver and you never store up any food, you could end up deeply regretting that choice someday. (Read More...)

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Due To Extreme Drought, The Number Of Cattle In The U.S. Is The Smallest It Has Been Since 1951

Drought Monitor January 28 2014The last time the number of cattle in the United States was this low was 63 years ago.  But back in 1951, there were only about 154 million people living in the United States.  Now, there are more than 313 million people living in this nation.  The size of the U.S. cattle herd has been shrinking for seven years in a row, and we are rapidly heading toward a beef shortage unlike anything that this country has ever experienced before.  Of course the primary reason for this is the extreme drought which has been plaguing the western half of the country.  As I noted recently, 2013 was the driest year that the state of California has ever experienced, and due to the lack of water ranchers across the western half of the nation have been selling off their cattle to be slaughtered.  If you check out the U.S. Drought Monitor, you can see that almost the entire state of California is officially experiencing “D3 Extreme Drought” right now.  If this drought does not end, we will eventually be facing a food crisis in the United States that is greater than any of us have ever seen in our entire lifetimes. (Read More...)

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We Are Witnessing The Slow, Tortuous Death Of The American Worker

We Are Witnessing The Slow, Tortuous Death Of The American WorkerOnce upon a time, the U.S. economy produced a seemingly unending supply of good paying jobs that enabled American workers to buy homes, raise families and live the American Dream.  But now all of that has changed.  Over the past several decades, there have been some fundamental shifts in our economy that have steadily eroded the value of the American worker.  Thanks to incredible advances in robotics, computers and other fields of technology, many economic activities that once required a tremendous amount of manpower now require very little.  Nothing is going to reverse those technological advances, so the jobs that have been lost as a result are now gone forever.  But there are millions of other good jobs that we have lost that we could have done something about.  Over the past couple of decades, millions upon millions of American jobs have been shipped overseas.  Thanks to a whole host of “free trade” agreements that our politicians promised would be very good for our economy, U.S. workers have now been merged into a global labor pool with hundreds of millions of workers on the other side of the globe that live in countries where it is legal to pay slave labor wages.  In such a situation, it is only natural for big corporations to shift production from high wage areas to low wage areas.  Unemployment in America has skyrocketed and so have corporate profits.  Today, corporate profits as a percentage of U.S. GDP are at an all-time high, but wages as a percentage of U.S. GDP are near an all-time low.  The lack of decent jobs in the United States is one of the primary reasons why we are in an economic crisis that never seems to end, and things are not going to turn around any time soon.  We truly are witnessing the slow, tortuous death of the American worker, and politicians from both political parties are just standing aside and letting it happen. (Read More...)

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Obama Campaigns In Vegas While Storm Victims Defecate In The Hallways And Rummage Through Garbage Dumpsters For Food

Will Hurricane Sandy turn out to be Obama’s Katrina?  When the storm first hit, the media was full of praise for the way that Barack Obama was handling the crisis.  But that was just based on the bold statements that Obama was making at the time.  If those statements are not backed up by actions, what good are they?  Obama has always been good with words.  Unfortunately, several days after the storm it has become apparent that the federal response to Hurricane Sandy has been absolutely nightmarish.  Large areas affected by the storm are still without power, and authorities now say that some power outages could persist until late November.  Due to the lack of power and widespread transportation disruptions, very few gas stations are open right now.  On Thursday, officials estimated that more than 80 percent of the gas stations in New Jersey were closed, and the lines at the stations that were still open were so long that some people had to wait for up to six hours for gasoline.  Meanwhile, people are running out of food and they are getting desperate.  There have been news reports that show hungry people rummaging through garbage dumpsters for food.  There have been other reports of people actually defecating in the hallways because they have nowhere else to go.  If you don’t believe this, just check out this video from NBC News.  So what is “President” Obama doing about all of this?  Well, after his 90 minute tour of the devastation that Hurricane Sandy caused, he jetted off to Las Vegas where he posed for pictures with Eva Longoria and did some last minute campaigning. (Read More...)

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Down Goes Britain: The UK Economy Tumbles Deep Into Recession

The economic crisis that is sweeping Europe is starting to hit Britain really hard.  Over the last couple of years economists have been warning that we can’t let the “contagion” spread from troubled nations such as Greece and Portugal to the rest of Europe.  Well, it is too late for that now.  Spain and Italy are coming apart at the seams at this point, and even “stronger” nations such as the UK and France appear to be deeply troubled.  According to numbers that were released just this week, the UK economy has now contracted for three quarters in a row.  During the second quarter of 2012, the UK economy shrunk by 0.7 percent.  That was a much larger contraction than the 0.2 percent contraction that economists were forecasting.  At this point we have got a definite trend going.  During the fourth quarter of 2011, the UK economy shrunk by 0.4 percent.  During the first quarter of 2012, the UK economy shrunk by 0.3 percent.  And now in this latest quarter the contraction of the UK economy appears to be accelerating.  This economic downturn in the UK is being called “the longest double-dip recession for more than 50 years“.  So will Britain soon look like Greece and Spain and Italy or will it be able to pull out of this nosedive in time? (Read More...)

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Why Are So Many Bad Things Happening To America?

Have you ever wondered why things have been going so badly for the United States in recent years?  Our economy is falling apart, we have been plagued with heat, drought and endless natural disasters, our cities are absolutely crumbling, we just keep getting involved in even more wars and Americans are more anxious and more overweight than ever before.  So why are so many bad things happening to America?  Why do we lead the world in so many bad categories?  Why does nothing seem to be going right?  Are we under some kind of a curse?  It is almost as if we have entered a “perfect storm” that just keeps getting worse.  In the old days it would seem like something bad would happen to the United States every once in a while, but now massive problems seem to be hitting us in rapid fire fashion.  At this point, many Americans have “crisis fatigue” because our problems never seem to end.  Each new crisis just seems to overlap with all of the other problems that are still going on.  So why is this happening, and what is our country going to look like if our problems continue to multiply at this rate? (Read More...)

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19 Warnings About A Coming Global Financial Catastrophe

Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily toward us.  We have seen “stimulus packages”, quantitative easing, bond buying, interest rate cuts, emergency economic summits, bailout packages for banks, bailout packages for entire nations, “Operation Twist”, unprecedented government intervention in business and massive amounts of new government debt and yet nothing seems to revive the global economy.  In fact, it looks like we are rapidly heading into the second dip of a “double dip recession”.  Unfortunately, many believe that this next dip will be more like a full-blown depression.  All over the world, top economic experts are warning that we are facing an unprecedented crisis of debt and insolvency that will result in a global financial catastrophe.  The eurozone is drowning in debt, the U.S. government is drowning in debt and major banks all over the globe are drowning in debt.  Global authorities have been trying to patch the system together and keep it going, but the incredible damage that all of this debt has done is now becoming apparent to everyone.  The global debt bubble that has fueled prosperity in the western world for the last several decades is getting ready to burst, and when that happens the chaos that will result will be absolutely horrifying. (Read More...)

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The Beatings Will Continue Until Morale Improves: 10 Ways That Obama Is Killing Jobs In America

Have you ever heard the old saying “the beatings will continue until morale improves”?  According to Wikipedia, that phrase is often “used sarcastically to indicate the counterproductive nature of such punishment or excessive control over subordinates such as staff in the workplace or children living at home.”  Well, apparently Barack Obama believes that the more punishment that he inflicts on the U.S. economy the more we will like him.  What other explanation is there for his insane economic policies?  The truth is that Barack Obama is killing jobs in America.  His regulations are absolutely crippling our businesses, he has been heavily promoting new job killing “free trade” agreements, Obamacare has the potential to be the most job killing law of all time, and he is running up debt that will crush job creation in this country for ages to come. Obama will likely go down as the most anti-business president in U.S. history.  He has presided over the worst “recovery” from a recession in post-World War II history, and under his leadership a whole host of economic statistics have steadily gotten worse.  The percentage of working age Americans that have jobs has not bounced back since the end of the last recession, and now the next major economic crisis is rapidly approaching. (Read More...)

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18 Statistics That Prove That The Economy Has Not Improved Since Barack Obama Became President

Has the economy improved since Barack Obama became the president of the United States?  Of course not.  Despite what you may be hearing in the mainstream media, the truth is that when you compare the U.S. economy on the day that Barack Obama was inaugurated to the U.S. economy today, there is really no comparison.  The unemployment crisis is worse than it was then, home values have fallen, the cost of health insurance is up, the cost of gas is way up, the number of Americans living in poverty has soared and the size of our national debt has absolutely exploded.  Anyone that believes that things are better than they were when Barack Obama was elected is simply being delusional.  Yes, things have stabilized somewhat and our economy is not in free fall mode at this point.  But don’t be fooled.  This bubble of false hope will be short-lived.  The problems we are seeing develop in Europe will erupt into another full-fledged global financial crisis and economic conditions in the United States will get even worse.  When that happens, what possible ” economic solutions” will Barack Obama have for us?  We never even came close to recovering from the last great financial crisis, and now something potentially even worse is staring us in the face.  This is not a great time to have a total lack of leadership in Washington. (Read More...)

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Major Earth Changes Coming? Earthquakes Are Becoming Much More Frequent And Much More Powerful

Are earthquakes becoming more frequent and more powerful?  With only two months to go, we are on pace to have more earthquakes of magnitude-5.0 or greater this year than we have had during any other year over the past decade by far.  In fact, as you will see in this article, since the year 2000 there has been a very clear upward trend in the number of major earthquakes.  So is this an indication that major earth changes are coming?  Is our planet becoming increasingly unstable?  We are currently witnessing tremendous political, social and financial upheaval all over the globe.  Every week the economic crisis in the United States and elsewhere seems to get even worse.  So what is going to happen if the shaking of the earth becomes even more intense and major cities all over the planet start getting leveled?  For most of human history we have seriously underestimated the awesome destructive power of natural disasters, and the fact that the number of earthquakes around the world seems to be going up consistently should be a huge wake up call for all of us. (Read More...)

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