Every Tuesday Meet and Greet Round Table Broadcast in Current Events LIVE AND UPCOMING PODCAST Starts at 6:30 Pm to 7pm Call in to speak with the group (718) 508-9594 April 29 – July 1 Starts at 6:00pm · Ends at 8:00pm Show Map Liberty Family Restaurant
160 Winton Rd N, Rochester, New York 14610
April 29 – July 1
Starts at 6:00pm · Ends at 8:00pm
Liberty Family Restaurant 160 Winton Rd N, Rochester, NY 14610
Every Tuesday Meet and Greet Round Table Broadcast in Current Events LIVE AND UPCOMING PODCAST Call in to speak with the group (718) 508-9594 http://www.blogtalkradio.com/anti-illuminati-party/2014/05/06/every-tuesday-meet-and-greet-round-table
Just wanted to invite you out to dinner every Tuesday from April through July 1 with myself and a few friends for dinner and fellowship. Iv been holding a small group meetup with some close friends who I respect and trust. All the guys in this group know about the illuminati and NWO so your talking about a sharp group of people. Last week we had a small group get together at the 160 Winton Rd N, Rochester, NY 14610
(585) 288-5503 www.libertyfamilyrestaurant.com/ at 6pm till 8pm
Liberty Family Restaurant Web Site Menu www.libertyfamilyrestaurant.com
Come out to We are change “We Are Change” – Rochester Ny Every Tuesday to Meet and Greet
Mission: to recruit, educate and motivate American citizens at the grassroots level to perform their constitutionally defined role in the governance , by providing opportunities, knowledge and training to ensure limited constitutional governance. http://WeAreChangeRochesterNY.wordpress.com/ Any questions call and ask for Daniel Leach Jr
1(585)236-9858
Let just say I had a health scare this past weekend and wound up checking myself into the Emergency room at
Strong Memorial Hospital – Rochester, NY after pain started when I had a hard sneeze. I finished the night at my Walmart security Job and then went on to my 2nd job working at the Rochester City School district as a school sentry. I made it through lunch but I was in to much pain to finish the day that’s when I decided to go see the school nurse and see what she thought. She said that if I was her she would go to the ER thats after she asked me if I was feeling nauseous, up to that point I was in to much pain to think. That until she asked me that question right then it hit me that I was nauseous and that was scary I thought I was having appendix pain after talking to the school nurse and as a safety precaution I decided to go to the ER.
The Next 12 hrs were a real eye opener to me and should be to you as well. So when I first checked myself into the ER it was around 1:30 in the afternoon and they took my info, blood pressure an vitals then told me to wait and that someone would be with me soon and about a 1/2 hr later I was called in to another waiting room inside the ER’s Rapid response hall, were I waited for about 30 minuets till they brought me into the initial examination room that had a table that I sat on and waited for the nurse to take my Vitals again but this time they also took blood as well. After talking to the nurse and residency medical doctor I was asked if I wanted pain medication I made a mistake and said I think I can wait till I talk to the doctor. I must have been put on the not so urgent to see list because I sat in that room for about 3 hrs before my dad showed up and stared to make things happen by asking questions of why its taking so long to see a doctor.
After my dad showed up I was put outside of the Rapid response hallway to wait for a room with other ER patience that took about another 2 hrs sitting in a hallway to wait for a room. Finally they called my name a thought of relief came over me. They took me to a examination room with 6 other people two people per examination area. I thought that this was just another waiting room because it did not have hospital beds just hard plastic chairs for patients to sit in to wait to be examined by the doctors.
As we were waiting to see my doctor the girl that was sitting next to me on her hard plastic chair had her ER doctor came in and proceed to do an examination on this young woman who had to be in her teen to early 20 somethings with out asking us to leave the area. I was still in pain but I decided out of respect for this young woman that I would give her privacy as that’s what Id want for myself or my child. I couldn’t believe that the doctors were going to examine this stranger in front of myself and my dad. All I can say is “Am I in the twilight zone” is this really happening in America. Yes it is an you can thank Obama Care.
This photo above is what you would expect to be placed in when you have a trip to the ER before Obama Care.
This is what you can expect to see in your initial Examination, other people in the ER room with you and a plastic chair. You can for get your rights to privacy and comfort if you voted for Obama.
I have to be thankful that my dad was with me because he spoke up on my behalf and when the doctors came in to examine me for the first time my dad said to the doctors this is ridiculous to be examined in front of other patience s that we didn’t know. He asked about my rights to privacy and about the HIPPA Laws. As soon as my dad asked about the Laws then the doctors quickly left the room and sent in my nurse again, she said that they would get me a room with an examination table and that the residency medical doctor had miss diagnosed me and sent me to the wrong room.
I have to say that this trip to the ER was much different than the 13 other times that I had gone to the ER years ago when I would dislocate my shoulder but that was before this new generation of obamacare. To me it seems that we have taken a step back and have manifested into a 3rd world class of medical care. Years ago you would go to the ER and get first class service yes you would wait just like anyone else but you would get a room asap you wouldn’t get stuck sitting in hard plastic chairs for 6 plus hours sick and in pain. Just to get an examination in front of complete strangers, my dad was correct that is ridiculous and unacceptable. We as the American people should demand better and stop voting for the Communist Socialist Party’s like the Democrats and Republicans that keep moving us closer to a Communist Governmental System or you to can expect to lose your rights and privacy like they tried with me in that examination room.
I have to say all the people at the hospital working were kind and professional to the highest degree expect when it came to the initial examination that they tried to do in front of other strangers. I know how hard these people work because I spent ten years in the Medical field myself and understand the great pressure they are under to preform at such high standards. The problems that I see are coming from the State and the insurance company’s that cover medical treatments. I’m just thankful that my visit to the ER turned out to be just a infection and inflammation that can be treated with antibiotics. So after about 12 hrs I was released to go home and given the weekend off of work and I spent that time recovering and with my baby Girl Ella.
The National Liberty Alliance is an organization trying to organize the Grand Jury system. Their goal is to educate and organize an election in 3141 counties in the United States of America county to reinstate and initiate the Common Law Grand Jury. It only takes one person to organize the election at which all that attend are invited to join the pool. Each county should eventually find four people (administrators) who will work full time (paid positions) to administrate and orient the jurist. These four people should partnership with the four in each county throughout your state.
BAR members (attorneys, judges and law professors) claim we the People have no authority to restore Common Law, but they cannot show by what authority they make such a claim, We the People answer them. Letters from NY Court tru counsel –Prudinti tru counsel 9-26-13.pdfPrudinti tru counsel 10-10-13.pdf
Power of the Grand Jury – In a stunning 6 to 3 decision Justice Antonin Scalia, writing for the majority, confirmed that the American grand jury is neither part of the judicial, executive nor legislative branches of government, but instead belongs to the people. It is in effect a fourth branch of government “governed” and administered to directly by and on behalf of the American people, and its authority emanates from the Bill of Rights, see United States -v- Williams.
DUTY OF THE “COMMON LAW” GRAND JURY – If anyone’s unalienable rights have been violated, or removed, without a legal sentence of their peers, from their lands, home, liberties or lawful right, we [the twenty-five] shall straightway restore them. And if a dispute shall arise concerning this matter it shall be settled according to the judgment of the twenty-five Grand Jurors, the sureties of the peace. MAGNA CARTA, JUNE 15, A.D. 1215, 52.
Contact information for the “PRESS ONLY” (845) 229-0044(845) 229-0044
By what authority, rebuttal No legal authority.pdf. BAR members (attorneys, judges and law professors) claim we the People have no authority to restore Common Law, but they cannot show by what authority they make such a claim, We the People answer them. Letters from NY Court tru counsel –Prudinti tru counsel 9-26-13.pdfPrudinti tru counsel 10-10-13.pdf
NY SUPREME COURT, GREEN COUNTY COURTHOUSE; 320 Main Street; Catskill, NY 12414
PHONE – (518) 444-8760(518) 444-8760; FAX – (518) 943-0247 Court Hearing Thursday April 24, 2014 at 9:3o AM. If you cannot make it please fax, mail and call to let them know we are watching.
We The People coming together to educate the people to embrace your Republic. Life Liberty and Justice !
Description
Our mission is to restore the people to sovereignty through knowledge, and only then will they be armed with the virtue to take political and judicial power. The people have it in their power to disarm and defeat the enemy of Liberty both foreign and domestic if they only understood the principles of freedom and stand upon them.To take political power is to control our elected representatives, by bringing them into obedience through fear of the people, this is accomplished by understanding the office of & becoming an elected committeemen, and then execute the powers, it’s that simple!To take judicial power is to control our courts by understanding jurisdiction and bringing into subjection all government officers and officials using common law courts by opening courts of record and executing “people” authority, it’s that simple!
But, to successfully apply political and judicial power you must have a sense of justice and mercy which is synonymous with virtue. And to get virtue you need to have a relationship with your creator. If everyone exercised these principles America could shake off the chains of tyranny, reinstate our republic, and bring down the NWO “literally overnight”. This is the only way to save the nation, without power you are powerless!
Join our endeavor and save our Republic, one people at a time!
We are Non Partisan – A partisan person is “one who is blindly or unreasonably devoted to party positions.” Therefore a partisan cannot possibly serve the constitution. George Washington warned us against political parties he said “they only succeed in pitting one group against another”.
The cause of the grassroots movement is the awakening to our constitutional crisis, for it to be engaged in partisan politics would further serve the demise of our constitutional republic. The genius of the progressive movement is their exploitation of partisan politics, which they created, to subvert our constitution. Grassroots groups are natural and spontaneous whose primary objective is to reinstate the constitution, to be partisan would be counter productive.
Traditional power structures are orchestrated and designed to harness grassroots movements “they must always be suspect” and will be proven corrupt if they are partisan – divisive – take control of choosing candidates.
Grassroots are founded local, control is local and most events are local. To collaborate with distant groups are necessary for unity but if events become dictated by them you are no longer grassroots.
“All that is necessary for the triumph of evil is that good men do nothing.” — Edmund Burke
The question before the People is one of an awful moment to this country. For my own part, I consider it as nothing less than a question of freedom or slavery; … Should I keep back my opinions at such a time, through fear… It is natural to man to indulge in the illusions of hope, we are apt to shut our eyes against a painful truth, and listen to the song of that siren till she transforms us into beasts. Is this the part of wise men, engaged in a great and arduous struggle for liberty? … I have but one lamp by which my feet are guided; and that is the lamp of experience. I know of no way of judging of the future, but by the past.
…They are sent over to bind and rivet upon us those chains which the ministry have been so long forging. And what have we to oppose to them? Shall we try argument? Sir, we have been trying that for the last ten years. Have we anything new to offer upon the subject? Nothing.
…Sir, we have done everything that could be done, to avert the storm which is now coming on. We have petitioned; we have remonstrated; we have supplicated; we have prostrated ourselves, and have implored its interposition to arrest the tyrannical hands of the ministry. Our petitions have been slighted; our remonstrance’s have produced additional violence and insult; our supplications have been disregarded; and we have been spurned, with contempt, from the foot of the throne. In vain, after these things, may we indulge the fond hope of peace and reconciliation. There is no longer any room for hope.
If we wish to be free if we mean to preserve privileges, if we mean not to abandon the noble struggle in which we have been so long engaged, and which we have pledged ourselves never to abandon until the glorious object of our contest shall be obtained, we must fight! I repeat it, sir, we must fight! An appeal to arms and to the God of Hosts is all that is left us!
They tell us, sir, that we are weak; unable to cope with so formidable an adversary. But when shall we be stronger? Will it be the next week, or the next year? Will it be when we are totally disarmed, and when a guard shall be stationed in every house? Shall we gather strength by irresolution and inaction? Shall we acquire the means of effectual resistance, by lying supinely on our backs, and hugging the delusive phantom of hope, until our enemies shall have bound us hand and foot?
…Sir, we are not weak if we make a proper use of those means which the God of nature hath placed in our power. Three [hundred] millions of people, armed in the holy cause of liberty, and in such a country as that which we possess, are invincible by any force which our enemy can send against us. Besides, sir, we shall not fight our battles alone. There is a just God who presides over the destinies of nations; and who will raise up friends to fight our battles for us, it is now too late to retire from the contest. There is no retreat but in submission and slavery! Our chains are forged! Their clanking may be heard! The war is inevitable²and let it come! I repeat it, sir, let it come.
Gentlemen may cry, Peace, Peace but there is no peace. The war is actually begun! The next gale that sweeps from the north will bring to our ears the clash of resounding arms! Our brethren are already in the field! Why stand we here idle? What is it that gentlemen wish? What would they have? Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death! — Patrick Henry [short version for the short attention span]
These last few months, much of the country has watched in horror as the Illuminati NWO and its Secret Society’s have waged jihad on the American people from the Bundy Ranch to NATO ready to start WW3 with a current build-up of Russian troops near Ukrainian border to start an American Spring. And on the hoe front their intransigent demands for deep spending cuts, coupled with their almost gleeful willingness to destroy one of America’s most invaluable assets, its full faith and credit, were incredibly irresponsible. But they don’t care. Their goal, they believe, is worth blowing up the country to rebuild it in a new image of an fascist One World Government under a New World Order controlled by the United Nations, if that’s what it takes.
ATTENTION ATTENTION ATTENTION
There are a lot of rumors going around. Please DO NOT share anything as facts unless you see it on here, or on the blog.www.bundyranch.blogspot.com. If you would like updates through texting, you can text BUNDY to 58885, and you will automatically be added to the list. We will update you with facts 2-3 times a day. We appreciate all of the support coming in! -God Bless America!!
Many of you have been asking for a better way to keep informed and know what you can do to help.
We love Facebook but it is not effective for getting the word out when we really need help. There are so many messages here things are getting lost.
If you go to http://bit.do/bundy you can sign up to get Emails and Text messages.
You will get messages directly from the Bundy’s.
You will not receive a bunch of junk, only important messages when we need immediate help and we will only text message you when critical action is required.
Cliven Bundy cows Range war BLM News cattle cowboy auction Bundy ranch Federal Government
Ralley picket
This is the Official Bundy Ranch Page.
brklynmd314 hours ago Ok… 2:17 am on Monday April 14 2014 and I am in touch with people on the ground… I can say, it is NOT over. Stand by.
More agents and equipment arriving at the Bundy Ranch
Published on Apr 13, 2014
There are more agents and equipment arriving at the Bundy Ranch It’s NOT over. Let everyone know and get the word out.
Terry MillerTried to tell you! They make Bundy out to look like a criminal… He quit paying the fees when the suit against him started. Would you pay? Would you help someone financially sue you? Paying the fees would be CRAZY while they are suing you! He is not a criminal or a moocher! I am glad to see us all stand together for a change.
Like ideologues everywhere, they scorn compromise. Like when John Boehner, the House speaker, tried to cut a deal with President Obama that included some modest revenue increases, they humiliated him. After an agreement was finally struck. t — amounting to a near-complete capitulation by Obama — Illuminati NWO and its Secret Society’s members went on Fox News to complain that it only called for $2.4 trillion in cuts, instead of $4 trillion. It was head-spinning.
All the blogosphere and the talk shows mused about which party would come out ahead politically. Honestly, who cares? What ought to matter is not how these spending cuts will affect our politicians, but how they’ll affect the country. And I’m not even talking about the terrible toll $2.4 trillion in cuts will take on the poor and the middle class. I am talking about their effect on America’s still-ailing economy.
America’s real crisis is not a debt crisis. It’s an unemployment crisis. Yet this agreement not only doesn’t address unemployment, it’s guaranteed to make it worse. (Incredibly, the Democrats even abandoned their demand for extended unemployment benefits as part of the deal.) As Mohamed El-Erian, the chief executive of the bond investment firm Pimco, said, fiscal policy includes both a numerator and a denominator. “The numerator is debt,” he said. “But the denominator is growth.” He added, “What we have done is accelerate forward, in a self-inflicted manner, the numerator. And, in the process, we have undermined the denominator.” Economic growth could have gone a long way toward shrinking the deficit, while helping put people to work. The spending cuts will shrink growth and raise the likelihood of pushing the country back into recession.
Inflicting more pain on their countrymen doesn’t much bother the Illuminati NWO and its Secret Society’s, as they’ve repeatedly proved. What is astonishing is that both the president and House speaker are claiming that the deal will help the economy. Do they really expect us to buy that? We’ve all heard what happened in 1937 when Franklin Roosevelt, believing the Depression was over, tried to rein in federal spending. Cutting spending spiraled the country right back into the Great Depression, where it stayed until the arrival of the stimulus package known as World War II. That’s the path we’re now on. Our enemies could not have designed a better plan to weaken the American economy than this debt-ceiling deal.
One thing Roosevelt did right during the Depression was legislate into being a social safety net to soften the blows that a free-market economy can mete out in tough times. During this recession, it’s as if the government is going out of its way to make sure the blows are even more severe than they have to be. The debt-ceiling debate reflects a harsher, less empathetic America. It’s sad to see.
JOE NOCERA says that Obama should have played the 14th Amendment card, using its language about “the validity of the public debt” to unilaterally raise the debt ceiling. Yes, he would have infuriated the Republicans, but so what? They already view him as the Antichrist. Legal scholars believe that Congress would not have been able to sue to overturn his decision. Inexplicably, he chose instead a course of action that maximized the leverage of the Republican extremists.
But the debilitating deficit battles are by no means over. As has been explained ad nauseam, the threat of defense cuts is supposed to give the Republicans an incentive to play fair with the Democrats in the negotiations. But withUnited States being deployed in more than 150 countries around the world, which side is going to blink if the proposed cuts threaten to damage national security? Just as they did with the much-loathed bank bailout, which most Republicans spurned even though financial calamity loomed, will the Democrats and Republicans do the responsible thing. Apparently, that’s their problem they dont know how to when they are run and funded by the Illuminati NWO and its Secret Society’.
For now, the Illuminati NWO and its Secret Society’ can put aside their suicide vests. But rest assured: They’ll have them on again soon enough. After all, they’ve gotten so much encouragement.
Hence·forth the chaos and confusion in the world of banking! The End game has started Cyprus, and Europe, it comes as no surprise that the previously scheduled Monday bank holiday (aka Green Monday) has been extended into Tuesday. So all we see in the News is how the Dow keeps going up and the American Economy is picking up steam. When the truth is that its all just a bunch of hot air. Anyone who understands the world banking history, knows that history is about to repeats itself it could be with in a few months to a few years a way till the big crash.
Cyprus Bank Holiday extended until Wednesday …to stop runs on the Cyprus Banks Sound a lot like the great depression with runs on banks Get ready for new runs on banks… …That’s what happened to hundreds of banks in the Great Depression. Much of the Great Depression‘s economic damage was caused directly by bank runs. I know one thing if I had any money in the bank I would have gotten it out in 2007 before the crash we saw the signs my family and friends on facebook can tell you that! Oh wait I have not had money in the bank for years. Its just one big vicious cycle that the Banksters keep playing generation after generation its a world wide scam and if Jesus Christ was around today he would pick up the whip and go after this den of thief’s the same way kicking them out of his temple our world.
When even JPM says to panic, it may be time to panic. And then we ask why is all of this happening right now, why is even JPMorgan advocating a risk-off posture, and then we recall that every single year in late March, early April Europe comes back front and center with a bang, just as we forecast in “It’s Deja Vu, All Over Again: This Time Is… Completely The Same” and then everything becomes very clear.
Published on Mar 18, 2013
On the Monday, March 18 edition of the Alex Jones Show, Alex breaks down the collusion between the EU and IMF in confiscating individuals’ private wealth to ultimately seize control of economies, paving the way for years of dependency on financial dictatorship. On today’s show, Alex invites economic trend forecaster and publisher of the Trends Journal Gerald Celente to discuss the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered. We’ll also cover other major headlines and take your calls.
The Cypriot cabinet has declared Tuesday a bank holiday, for fear of capital flight, and this may even be stretched to Wednesday, as depositors are certain to withdraw huge sums from the Cypriot banks after the haircut imposed.
Nicosia postponed from Sunday to Monday the tabling in Parliament of the bill including the measures for the Cypriot bailout – including a bank account haircut and a tax hike on interest and corporate earnings – but the European Central Bank insists on a rapid voting because there are already signs a domino effect will follow across European lenders and markets from Monday.
There is genuine fear of market unrest on Monday morning when stocks may crumble in the eurozone and bank accounts in other southern European bank may suffer.
Skai radio reported on Sunday that the Bank of Greece has sent between 4 and 5 billion euros to Cyprus in order to help Cypriot banks respond to cash requirements by their clients.
So, if the official name of the March 18 holiday was “Green Monday“, will the March 19th ad hoc holiday be called “Red Tuesday“? Inquiring minds want to know.
The price of gold remained approximately in Timeline of U.S. Gold2007, The yearly average price of gold was $695, with a high of $833per ounce. and in 2007 theDow opened the year at 12,459.54 Understand why it crashed by following the timeline of events in 2008 and now today the news is say how strong the Stock Market is doing then why if the Market is on such a bull run at Dow Jones Industrial Average 2 Minute Dow Jones Indices: .DJI – Mar 18 4:35pm ET Closed at 14452.06 today and the price of Gold is at 1594.00 This is my point if the stock market was on such a bull run why is Gold at still near record highs becase the smart people know that the Federal Reserve System is pumping up the markets by buying American Bonds and T bills Treasury Bills. Money market investments backed by the U.S. government. Learn more about treasury bills at HowStuffWorks.
Truth #1: At the beginning of 2008, there were 28.22 million people in the U.S. economy on food stamps. Fast-forward to 2012, and the number has increased to 46.60 million—an increase of more than 65%. (Source: United States Department of Agriculture, March 8, 2013.) The number of Americans now on food stamps represents almost 15% of the entire population in the U.S. economy right now.
Truth #2: The poverty rate in the U.S. economy also increased in the aftermath of the worst economic condition since the Great Depression. In 2007, the official U.S. poverty rate was 12.5%. By 2011, this rate increased to 15%. We have experienced a 20% flight in the number of Americans living in poverty. (Source: “Poverty and the Great Recession,” The Russell Sage Foundation and The Stanford Center on Poverty and Inequality, Stanford University website, October 2012, last accessed March 18, 2013.) As it stands today, about one in every seven Americans is technically poor.
Truth #3: Similarly, job prospects for Americans have declined since the beginning of the financial crisis. In January of 2008, there were 4.2 million job openings in the U.S. economy. As the U.S. Department of Labor reports, in January 2013, there were 3.6 million job openings. (Source: Federal Reserve Bank of St. Louis web site, last accessed March 15, 2013.) There are 12 million unemployed individuals in the U.S. economy, with a significant number being jobless for more than six months.
As the U.S. economy faces severe headwinds because of the financial crisis, cities across the U.S. are suffering as well. According to the 2012 census, one in every three counties in the U.S. economy is “dying off” due to weakening economic conditions and an aging population. (Source: Huffington Post, March 15, 2013.)
Truth #4: We have a long way to go before we see any real improvement in the U.S. economy. The only thing that has improved since the financial crisis is the stock market, courtesy of cheap interest rates and extensive paper money printing. Don’t get lured into believing that a rising stock market means economic growth. The stock market and the U.S. economy are moving in opposite directions. Many public companies listed on the key stock indices are already warning investors about troubles ahead, profitability issues.
Sure, the old adage is, “Don’t fight the Fed.” But the stock market utopia can only go on for so long before “regression to the mean” becomes a reality again.
Michael’s Personal Notes:
Looking at the long-term chart of gold bullion and the U.S. dollar, there is an interesting technical chart pattern developing that may help us predict the next move in the greenback and the yellow metal.
In the chart below, the red line represents the U.S. dollar index and the golden line represents gold bullion prices.
Both the U.S. dollar and gold bullion are going through the formation of the technical chart pattern called the “symmetrical triangle.” This pattern occurs during a trend and is often the result of a consolidation in prices. The majority of instances when the symmetrical triangle pattern emerges eventually result in a continuation of the prior trend.
If you observe closely, the trading ranges in the dollar and gold bullion have been getting smaller since the beginning of 2011. While keeping with their respective trends, they appear to be consolidating. The U.S. dollar has declined, compared to other major currencies. Meanwhile, gold bullion prices have been trending higher—from below $300.00 an ounce to close to $1,600 an ounce.
As I have been harping on about in these pages, the demand for gold bullion is robust, to say the very least. Central banks are rushing toward gold, seeking safety—they have turned into net buyers of the yellow shiny metal. In the last quarter of 2012, they bought the most gold in almost 50 years.
In contrast, by buying gold bullion, central banks may be losing trust in the U.S. dollar. According to a report by the World Gold Council (WGC), in 2000, central banks held 62% of their assets (or reserves) in U.S. dollars. By 2012, that percentage of U.S. dollar holdings decreased to 54% of the reserves. (Source: Market Watch, March 13, 2013.)
It isn’t a hidden fact anymore: the Federal Reserve has been increasing the money supply, as its balance sheet has grown to more than $3.0 trillion and its paper money printing program continues at a rate of $85.0 billion a month. The more paper money the Fed prints, the more vulnerable the greenback becomes.
Time will be the better judge of where the greenback and gold bullion end up, but from the looks of the chart above, the U.S. dollar appears bearish and gold bullion’s future seems bright.
(Want to know what gold stocks are the best buy right now? In our just-released special report, Lombardi’s Second Quarter 2013 Gold Forecast Report, you’ll find our analysis of the U.S. money supply and its implications for gold; current gold supply and demand; central bank activity in the gold market; our specific price projections for gold bullion; our top-five senior gold stock picks; and our top-five junior gold stock picks, all complete with charts. Click here for ordering info.)
What He Said:
“Prepare for the worst economic period ahead that we have seen in years, my dear reader, as that is what I see coming. I’ve written over the past three years how, in the late 1920s, real estate prices fell first before the stock market and how I felt the same would happen this time. Home prices in the U.S. peaked in 2005 and started falling in 2006. The stock market is following suit here in 2008. Is a depression coming? No. How about a severe deflationary recession? Yes!” Michael Lombardi in Profit Confidential, January 21, 2008. Michael started talking about and predicting the economic catastrophe we began experiencing in 2008, long before anyone else.