We have been bearish on gold prices since January 2013, when it was trading above $1,650 an ounce. Since then, the price of gold has declined by almost 30%. There are three main reasons for this underperformance over the last two years:
1. Gold as an investment hedge has become less attractive to Europeans as the chance of a break-up of the European Monetary Union declined after Spain, Portugal and Greece were bailed out by the EMU’s richer members, such as Germany.
2. Gold has become less attractive to Americans as the U.S. dollar strengthened and recently hit a four-year high.
3. India, which accounts for one-quarter of the world’s gold consumption, slapped a 10% import duty on gold during August 2013. Indian gold demand dropped by close to 40% year-over-year in the fourth-quarter of 2013 and did not recover until this summer. Continue reading →
“Rude contact with facts chased my visions and dreams quickly away, and in their stead I beheld the horrors, the corruption, the evils and hypocrisy of society, and as I stood among them, a great wail of agony went out from my soul.” ~ Victoria Woodhuff, 1838 to 1927 leader of women’s suffrage movement
It is abundantly apparent with punctuating clarity that the President and every single Democrat in both Houses of Congress, lied through their teeth to get the Affordable Care Act (Obama Care) passed into law. This is just one more scandal to add to the litany of scandals surrounding Obama and his administration. The revelations of lying and deceit perpetrated on the American people that have been exposed by the arrogant MIT Professor Gruber’s videos, should fill every American with outrage and conjure up images of massive protests, possibly pitchforks, or maybe even revolution. If government will go to these lengths to pull the wool over the eyes of the public to nationalize one sixth of the American economy, of what else are they capable? Only God knows what lurks in the minds of evil men, devoid of honor.
We are repulsed by and abhor the sheer arrogance of government, but mostly the Democrats, and wonder what other frauds are they guilty in pursuit of their political, power and monetary gains. We shudder to think of the possibilities. Government appears to be hopelessly corrupt, at all levels. Continue reading →
If there is one thing that has grown predictable, it is elections. No matter the political climate it seems that every few years the voters in this country watch candidates for public office spend unimaginable sums of money which leads to replacing National Socialists (R’s) with Marxist Socialists (D’s) or vice versa.
“A man is no less a slave because he gets to pick a new master once in a term of years.” ~ Lysander Spooner
It has been most interesting this past week to read and listen to various political pundits as they explain how our government will change for the better now that the R’s control both houses of Congress. Some even went so far as to speculate about the R’s regaining the White House in 16.
If the Republicans were to proceed according to the beliefs of millions who unconsciously push the button or fill in the circle next to anyone with an “R” next to their name, there would be some radical changes taking place in the not so distant future. Continue reading →
For the past few decades the Communist regime of China has been driving toward world supremacy, both economically and militarily. The regime’s main target has been, and is, the United States of America. China’s plan to grab power has been clever and unprecedented, seeking victory without firing a shot, reducing its targets to mere frogs in a boiling pot.
Pundits and politicians alike, when excusing their strategic dealings with China, are quick to remind their audiences that today’s China is a “centuries old civilization” rich in tradition and ancient religious discipline. A Confucian civilization that is still upset over wrongdoings during the European colonization period. Continue reading →
The same mindset that could conspire to foist ObamaCare on Americans by deception is at work to do the same thing with an unconstitutional, unilateral announcement of amnesty for millions of illegal—oops, “undocumented”—aliens living in America.
What is amazing about this is that it was announced the day after the midterm election when Obama and the Democratic Party had suffered a huge rejection. I suppose when you believe, as Obama apparently does, that he is right when everyone else is telling him he’s wrong, moving ahead on amnesty now rather than waiting to work on legislation with the new Congress makes sense to him.
Only it does not make sense. Causing a constitutional crisis never makes sense. Continue reading →
Trillions of dollars in ozone compliance and economic stagnation costs, for fabricated benefits
Looming Environmental Protection Agency ozone regulations personify the Obama administration’s secrecy, collusion, fraud, and disdain for concerns about the effects that its tsunami of regulations is having on the livelihoods, living standards, health and welfare of millions of American families.
Virtually every EPA announcement of new regulations asserts that they will improve human health. Draconian carbon dioxide standards, for example, won’t just prevent climate change, even if rapidly developing countries continue emitting vast volumes of this plant-fertilizing gas. The rules will somehow reduce the spread of ticks and Lyme disease, and protect “our most vulnerable citizens.” It’s hogwash. Continue reading →
Last evening on a Memphis radio talk show I was extended additional time to answer 2 questions. I will relate the first question which deals with the title of this missive.
The question was: WILL THE REPUBLICAN PARTY REVERSE OBAMA’S UNCONSTITUTIONAL & ILLEGAL AMNESTY FOR ULTIMATELY UP TO 25-35 MILLION ILLEGAL MEXICANS & OTM’S?
My answer was an immediate NO! The host gave the appearance of being startled by the answer.
Here is why the irrelevant Republican Party, irrelevant with one exception, undeclared preemptive murder & destruction commonly known as “Wars on Terrorism”. Currently the U.S. government has 7 and going for 9 of their murderous, hegemonic schemes. Continue reading →
“Suppose you were an idiot, and suppose you were a member of Congress; Oh, but I repeat myself” ~ Mark Twain
The fires of Hell burn brightly beneath the halls of government, mostly because men without honor, addicted to the elixir of power, occupy those halls. But is it the fault of the men without honor, or is it the fault of those who put them there with their votes?
Over half of the American people put Obama into the White House in 2008 and 2012 because they bought into the shimmery mirage of Hope and Change. They elected an inexperienced narcissists, obsessed with a white-hate complex and convinced that America is evil because of past transgressions. The voters negligently overlooked his past and associates, (that the media covered up) were mesmerized by his flowery words of unity and transparency and taken by the mulatto color of his skin. They thought by electing a black man they might be healing the wounds of past and present racism. Now, as the man behind the curtain, Obama’s leadership inadequacies, inexperience and the open sore of racism have been exposed like a bleeding wound, the people switched to the other side on November 4, 2014 in the hopes of repairing the damage they caused by their bad decision six years ago. It remains to be seen if the change they have wrought will make a difference. Continue reading →
President Obama suffered two history making midterm landslides, his approval ratings hit all time lows, but his administration is taking the drubbing in stride and decided to leak details of a controversial amnesty via executive order.
Officials at the White House revealed a 10-point amnesty plan that includes a provision to legalize up to 5 million parents of children born in the U.S. (anchor babies), expand the “deferred action” for “kids” who are under the age of 31 as of June 2012 (Dreamers) and give the first 10,000 illegal immigrants to sign up a 50 percent reduction in administrative fees.
But it wouldn’t be politics if there weren’t some pay back involved and the recipients in this executive order are purportedly hi-tech billionaires. The president is prepared to increase the current 65,000 H-1B visas handed out per year to more than 155,000 visa holders if they are studying for Science, Technology, Engineering and Math (STEM) degrees. Emerging details also glean that tech majors will be eligible for citizenship including their spouses. Continue reading →
Barack Obama is secretly negotiating the largest international trade agreement in history, and the mainstream media in the United States is almost completely ignoring it. If this treaty is adopted, it will be the most important step toward a one world economic system that we have ever seen. The name of this treaty is “the Trans-Pacific Partnership”, and the text of the treaty is so closely guarded that not even members of Congress know what is in it.
Right now, there are 12 countries that are part of the negotiations: the United States, Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. These nations have a combined population of 792 million people and account for an astounding 40 percent of the global economy. And it is hoped that the EU, China and India will eventually join as well. This is potentially the most dangerous economic treaty of our lifetimes, and yet there is very little political debate about it in this country. Continue reading →
Fake Cellphone Towers on Planes Used to Target Criminals, but Also Sift Through Thousands of Other Phones
WASHINGTON—The Justice Department is scooping up data from thousands of cellphones through fake communications towers deployed on airplanes, a high-tech hunt for criminal suspects that is snagging a large number of innocent Americans, according to people familiar with the operations.
The U.S. Marshals Service program, which became fully functional around 2007, operates Cessna aircraft from at least five metropolitan-area airports, with a flying range covering most of the U.S. population, according to people familiar with the program.
Planes are equipped with devices—some known as “dirtboxes” to law-enforcement officials because of the initials of the Boeing Co. unit that produces them—which mimic cell towers of large telecommunications firms and trick cellphones into reporting their unique registration information. Continue reading →
We were aghast, nay furious, when we saw the picture of an American President wearing the tunic of a Chinese Communist Dictator. The words “unprecedented”, “disgusting” and “traitorous” came immediately to mind. If there was any doubt that we had about Obama being a communist sympathizer, they vanished upon seeing that image.
Obama is a corrupt, radical ideologue and an arrogant, narcissistic chameleon. He bows to the King of Saudi Arabia an Islamic Dictator, appeasing to Muslims; he apologizes all over the world for the country that was stupid and ignorant enough to give him the presidency; and then he has the gall to put on the tunic of a Chinese communist dictator in a country that knows all too well the vicious and brutal sting of a government that subjugates, regulates, denigrates, intimidates and has killed its own people by the tens of millions.
In 1919 President Woodrow Wilson proclaimed that November 11 should be celebrated as Armistice Day, stating, “To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations.”
In 1945 a movement, led by Raymond Weeks, a World War II veteran, pushed to expand Armistice Day to cover all veterans. In May of 1954 President Eisenhower signed a bill into law declaring that November 11 be a day of celebration for all veterans. A month later Congress amended the bill renaming it Veterans Day. Continue reading →
Beam me up Scotty, there is no more intelligent life left in the U.S. Government
With a government administration that welcomes Ebola victims, and Central American children with exotic diseases into our country, one can only say:”
Beam me up Scotty, there is no more intelligent life left in the United States government.
Civil authority under the Obama administration only applies to the politically connected, the freaks of nature, and the miscreants.
Our condolences go out to the family of former Congressman, James Traficant, who passed away September 27th, 2014, with little notice from the main stream media, except for a few articles which tried to ridicule him and his style.
James Traficant was sort of a flamboyant Congressman who coined the phrase, ” beam me up Scotty,” as his closing remarks on the House floor.
He made national headlines early in his political career as the Mahoning County, Ohio, Sheriff, by refusing to execute foreclosure orders on several unemployed home owners.
This endeared him to the local residents which were dealing with a declining economy following the closures of several steel mills. Continue reading →
The midterm elections were a rout. The GOP took eight, most likely nine Senate seats, about a dozen House seats and control 70 percent of the state legislatures across the country. How’d they win? Republican candidates pummeled the airwaves with three hot button issues, Obamacare, economy and immigration. Continue reading →
Elections: The National Council of La Raza is promoting no-identification voting states to its followers. Might that have something to do with its advocacy of illegal immigration and the Democrats’ flagging electoral fortunes?
La Raza, as it’s known, is no ordinary nongovernmental organization in the “anti-poverty” racket. A group of lawyers and activists, it has long functioned as the illegal alien lobby in the U.S., advocating aggressively for the cause of open borders.
For its latest stunt, it has published on its website and social media a list of voting stations that don’t require IDs. Interesting, given a recent Harvard study showing that illegal immigrants have almost certainly swung close elections in recent years by canceling out U.S. citizens’ votes to ensure Democrat victories. Continue reading →
This is an age when Americans were assured that the Affordable Care Act lowered our premiums. It cut deductibles. ObamaCare allowed us to keep our doctors and health plans, and lowered the deficit.
Those fantasies were both demonstrably untrue and did not matter, given the supposedly noble aims of health care reform.
The Islamic State is at times dubbed jayvee, a manageable problem and a dangerous enemy — or anything the administration wishes it to be, depending on the political climate of any given week.
Some days Americans are told there is no reason to restrict connecting flights from Ebola-ravaged countries. Then, suddenly, entry from those countries is curtailed to five designated U.S. airports. Continue reading →
The more parents of public school students learn about Barack Obama’s Common Core education agenda, the less they like it.
A new national poll from Gallup reports:
“The overall proportion of public school parents who report having heard at least a little about the new standards has not changed appreciably since April, now at 73%.
However, nearly half (49%) of public school parents now say they have heard a great deal or fair amount about the new standards, up from 38% in April.
“The data suggest that this increase in awareness has led to an increase in negativity, given the seven-percentage-point increase in those viewing the standards negatively and the two-point decrease in those viewing them positively.”
While greater public awareness has not improved Common Core support among Democrat-leaning parents, increased awareness has reduced support among Republican-leaning parents. Continue reading →
How does it feel to live under a government that is getting even more paranoid with each passing day? Yes, we live in a world that is becoming increasingly unstable, but that is no excuse for how ultra-paranoid the federal government has become. Today, every single one of us is viewed as a “potential threat” by the government. As a result, the government feels the need to intercept our emails, record our phone calls and track our expenditures. But they aren’t just spying on individuals.
The government keeps tabs on thousands of organizations all over the planet, it spies on our enemies and our allies, and it even spies on itself. The American people are told that the emerging Big Brother police state is for our safety, but the truth is that it isn’t there to protect us. It is there to protect them. Our government has become kind of like a crazy rich uncle that is constantly spying on everyone else in the family because he believes that they are “out to get him”. The following are 15 signs that we live during a time of rampant government paranoia… Continue reading →
Despite no official action from the president ahead of the election, the Obama administration has quietly begun preparing to issue millions of work authorization permits, suggesting the implementation of a large-scale executive amnesty may have already begun.
Unnoticed until now, a draft solicitation for bids issued by U.S. Citizenship and Immigration Services (USCIS) Oct. 6 says potential vendors must be capable of handling a “surge” scenario of 9 million id cards in one year “to support possible future immigration reform initiative requirements.” Continue reading →
Obama Golfs for 4 Hours, 40 Minutes on Saturday, Then Holds Nighttime Ebola Meeting ~ Which New Ebola Czar Skips
Resident Barack Obama’s new Ebola “czar” Ron Klain has skipped another White House meeting on the Ebola crisis, a readout of who attended a Saturday meeting with Obama shows.
Obama held the Ebola meeting after spending four hours and 40 minutes on the golf course at Fort Belvoir, according to the White House press pool report from the New York Daily News‘ Dan Friedman. Continue reading →
“Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one’s government is not necessarily to secure one’s freedom.” ~ Friedrich August von Hayek, economist, philosopher
If you can believe the statistics, 65,918,507 Democrats voted for Barack Obama and 60,934,407 Republicans voted for Mitt Romney in the 2012 general election. A little over 2,000,000 voted for third party candidates, bringing the total votes to 129,235,558. This represents only 53.6% of the total voting age population of 240,926,957. So roughly, a little over one half of the voting age population found it important enough to cast their vote for president of the United States. 111.6 million didn’t.
But these statistics don’t even begin to tell the real story, why did the people vote in the first place? Below are a few of the reasons why people vote, especially for a male president. Continue reading →