Food for thought

Discussion in 'Economics' started by EMRGLOBAL, Mar 13, 2011.

  1. Key factual points one should conside as we head into the Spring/Summer and into a serious chance of Double Dip into the "Second" great Recession, which is like the Major URSA, deeper and longer.
    Source Market Orcle

    The Continuous Commodity Index – CCI, (60% food, 17% energy and 23% metals) has almost doubled since the low in early 2009 and has gone up 42% in the last 12 months. The almost vertical rise of the CCI is one of the best indicators of hyperinflation being imminent. A catastrophe of astronomical proportions is looming…

    The following are INDISPUTALBLE FACTS:

    * The US dollar is down 82% against gold since 1999

    * The US dollar is down 49% against the Swiss Franc since 2001

    * The Dow Jones is down 81% against gold since 1999

    * The Continuous Commodity Index is up 100% since 2009

    The above facts are clear evidence of an economy that has been totally mismanaged. But more importantly most of these trends are now starting to accelerate – ”

    “ calculates Key Statistics the way they were calculated in the 1980s and 1990s before Official Data Manipulation began in earnest. Consider

    Bogus Official Numbers vs. *Real Numbers (per

    Annual U.S. Consumer Price Inflation reported February 17, 2011
    1.63% * 9.07% (annualized January, 2011 Rate)

    U.S. Unemployment reported March 4, 2011

    8.9% *22.1%

    U.S. GDP Annual Growth/Decline reported February 25, 2011

    2.70% *- 2.21%

    U.S. M3 reported March 4, 2011 (Month of February, Y.O.Y.)

    No Official Report *- 2.06%