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Archive for June, 2010

Loren Howe on Debt Slavery (Video)

This three part video Interview on the Max Keiser Show – very entertaining and extremely informative . Enjoy!

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Max Keiser on The Financial Armaggedon

Interview: Matt Simmons on Gulf Oil Spill

Visit msnbc.com for breaking news, world news, and news about the economy

Global Trend Change

Wrtitten By : Eric King

You are about to read one of the single most important pieces of this year. China to be the engine of inflation going forward? From the NY Times, China helped many global companies lower costs and prices. “But this may be the beginning of the end of an era.”

Also from the Times, “The shift was dramatized Sunday, when Foxconn Technology, one of the world’s largest contract electronics manufacturers and the maker of everything from the Apple iPhone to Dell computer parts, said that within three months it would double the salaries of many of its assembly line workers.”

The Times article continues:

The announcement follows a spate of suicides at two Foxconn campuses in southern China and criticism of the company’s labor practices.Taiwan-based Foxconn, which has more than 800,000 workers in China, said the salary increases are meant to improve the lives of its workers.

The changes are coming about because of the growing clout of workers in China’s sizzling economy, analysts say, and because soaring food and housing prices are eroding the spending power of migrant workers.

But there are other reasons. Analysts say Beijing is backing wage increases as a way to spur domestic consumption and make the country less dependent on low-priced exports. The government hopes the move will force some export-oriented companies to invest in more innovative or higher-value goods.

But Chinese policymakers also favor higher wages because they could help ease a widening income gap between the rich and the poor.

Last Thursday, the Beijing municipal government said it would raise its minimum wage 20 percent to about $140 a month; several other cities are preparing to implement similar increases.

United States and European Union officials have been pressing China to help improve the health of the global economy by consuming more and reducing the country’s massive trade surpluses.

Rising labor costs here aren’t the end of cheap production in China, analysts say, but they are likely to help change the country’s manufacturing mix.

This is one of the most important articles of the year and you should pass this blog link around to friends or business associates who have the capacity to understand the significance of this article.

To summarize, there is a tremendous change which will occur globally as China exports to the world and the deflation they have exported is coming to an end. On a go forward basis China will export inflation. Although the impact of this event will take a little time to be felt, it will have a long lasting impact and translate into higher prices and inflation.

Make sure you are protected by owning hard assets such as gold and silver. That means taking possession of gold and silver not owning paper gold or silver.

For the link to the NY Times Article CLICK HERE.

NRA News: UN Doomsday Treaty – WARNING

WATCH BOTH IN IT’S ENTIRETY

Disarm the people and there will be nothing left to defend yourself against tyranny. Please watch this stunning report.

They were already successful in England and it’s citizens WARNS THE U.S.

Listen to this story-  if this doesn’t get you enraged then please turn back on the propaganda machine (TV) and go back to sleep.

US Mint Runs Out Of Silver

And so the US joins the distinguished list of pretty much everyone else in the world in running out of silver and soon, gold. The US Mint has just announced it has run out of silver bullion blanks, and is suspending American Eagle Silver Proof coins, until further notice.

From the US Mint:

Production of United States Mint American Eagle Silver Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Currently, all available silver bullion blanks are being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins “in quantities sufficient to meet public demand . . . .”

The United States Mint will resume the American Eagle Silver Proof and Uncirculated Coin Programs once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products.

Update: Due to the continued, sustained demand for American Eagle Silver Bullion Coins, 2009-dated American Eagle Silver Proof Coins will not be produced.

Use this information any way you see fit.

U.S. Isolates Itself Further

We’re living in a time of public awakening.