|Sir Dr. Alan Moe Greenspan|
Next on my agenda tonight is Gun Control. I am completely mystified about the plan of the PTB on this hot button issue. I know, I know there is an inconvenient document called the 2nd amendment providing an armed populace that our forefathers set up NOT TO DEFEND THEMSELVES FROM INTRUDERS.....BUT TO DEFEND OURSELVES FROM TYRANNY. They knew that tyranny had to be fought against and our republic defended with an armed populace.........JUST LIKE THOSE SWISS MURDERING HOARDS. I would think that if everything is so peachy in our wonderful country that we can disarm the populace then WHY are your Homeland Security, Social Security, DEA, Internal Revenue, Postal Service, TSA, et al. accumulating 1.7 BILLION rounds of ammunition. 20 times more than we have any other one year period of history to compare. And why are we now bringing drones into every corner of our own country to be used on our own population? I'm sorry but if this is all meant to stabilize a nervous population, its not working. One might think that we are anticipating some type of problem with our citizenry in spite of our "improving economy".
German and European Car manufacturing fell off a cliff last quarter. A big bank failed yesterday in Spain and they are in full depression with 27% unemployment. Its so bad that RTS Payne is coming back to California. Speaking of California just found out they have mis estimated their budget shortfall by 5 BILLION. I do believe we may need some more printing when the Sequestration crisis is "resolved" next month. I wish this were all a joke but its not. And this is all at ZERO% interest rates. Please tell me that you understand this. g.
The World Gold Council (WGC) last week released its full year 2012 report for gold demand. While overall volume was down 4 percent from 2011 at 4,405.5 tons, the total annual value reached an all-time high of $236.4 billion.
The report highlighted the fact that consumer sentiment in India towards gold remained strong despite India’s effort to reduce gold demand. Meanwhile China’s investment demand surged 24 percent in Q4 versus Q3. The WGC forecasts that the demand in China and India will rise over 11 percent in 2013. Central banks’ net gold purchases have reached the highest level in almost 50 years, a jump of 17% or 534.6 tons in their reserves.