Interesting article to read

http://www.wnd.com/2013/04/the-it-cant-happen-here-syndrome/

A short video

This is a short video on Monsanto's seeds.  Gives you a little bit of history on the company and what they are doing now.  If you ever wondered about GMO's, check out this:

https://www.youtube.com/watch?feature=player_embedded&v=htt91SjI7uY

You may not like guns...

Rheumatoid Arthritis

Rheumatoid arthritis is really an awful thing to have.  It runs in my family.  I even had a great aunt who died from complications of the disease.  She was born with it and died in her 20's.  My grandmother had it and so do my mom and my aunts to some degree.  The reason I'm saying all of this is because of this article:

http://articles.mercola.com/sites/articles/archive/2012/09/27/new-rheumatoid-arthritis-drugs.aspx?e_cid=20120927_DNL_art_2

Seems like since I've changed my diet and following some of the things in the article I might not get RA or at least lessen the effects of it.  I sure do hope so.  I do have arthritis in my hands and neck.  I type every day so sometimes when I wake up my hands really hurt but I just get up and start again.  The worst thing you can do is just sit and obsess over the pain.  My gramma always said that and it's true.  If you move you will feel better with any kind of arthritis.  At least I think so.  Besides who wants their muscles to atrophy?  So I guess what I'm saying is if you can feel better with changing your diet and doing any kind of exercise to make yourself feel better why not give it a go?  Even if you don't have RA bet you know someone who does. Tell them about the article and give them a hug.  Everyone needs a hug :)

New study done in France on GMO foods.

See article here:


http://articles.mercola.com/sites/articles/archive/2012/09/22/superbugs-destruct-food-supply.aspx?e_cid=20120922_DNL_art_1

Michigan outlaws pigs

• On April 1, 2012, the Invasive Species Order (ISO), issued by the Michigan Department of Natural Resources (MDNR), went into effect
• The ISO prohibits anyone in the state from possessing what MDNR defines as “invasive species of swine,” which can basically include any type of hog raised outside of concentrated animal feeding operations (CAFOs)
• Any farmer or other individual found to be in possession of such a hog could be charged with a felony and subjected to up to two years in jail and a $20,000 fine
• The ISO threatens farmer’s rights and may make sustainably raised pastured pork essentially illegal, and very hard to come by in the state
• The ISO is not a law; rather, it’s an “action” or “order” that’s been taken by a state agency; as such, Michigan Governor Rick Snyder has the authority to tell MDNR to rescind the ISO, and your help is needed to prompt this action

Read entire article here:

http://articles.mercola.com/sites/articles/archive/2012/08/21/heritage-breed-pigs-small-farmers.aspx?e_cid=20120826_SNLNew_MS_1

Drought, ice age and other thoughts

The recent drought, which isn't so recent as we have been in drought conditions for years, got me to thinking about history and I remembered I had read about the little ice age back in the 1300's.  Now I didn't learn about this at school I learned this on my own about 25 years ago.  So here is a link for info on the little ice age:  http://en.wikipedia.org/wiki/Little_Ice_Age  and here's another link:  http://www.eh-resources.org/timeline/timeline_lia.html

and here is some info on the Medieval warm period which happened before the little ice age:


http://en.wikipedia.org/wiki/Medieval_Warm_Period

Makes you kinda think doesn't it?  Although the scientists don't say whether there was widespread drought before the little ice age, they could have had a drought before it and history always repeats itself.

If you don't think this drought concerns you, think again.  Everything and I mean everything that you eat is going to go up in price as well as everything you buy because of the ethanol in the gas so it will cost more to ship things to you.  If you have a family or even if there is just you, please start buying more food NOW while the prices are reasonable.

Also if you only think this is happening to the US, think again because there is drought all over the world and who do you think they get most of their grain from?  hmmm?  Us and Russia and Russia has had a severe drought too.  The price of meat will go down because the farmers won't be able to buy food for their beef, chicken, pigs and fish because of the shortage so they will sell off the herds and us consumers will benefit for the short term.  Notice I said for the short term because as soon as all that meat is processed then there will be a shortage of meat and the price will skyrocket.  So if you have a freezer or can please do so for you and your family.  If you have dogs or cats, you should be buying canned food in bulk.  Anything you can buy in bulk buy and store.  It's better to have too much than not enough when times are bad.   Oh and if you think I made a mistake about the fish guess what, they feed soybeans to farm raised fish so there you go.  Grain isn't the be all and end all either.  Our ancestors didn't eat a quarter of the grain we do and their animals didn't either.  If you diversify your food sources, you will survive.  They knew it back then and we need to learn it now.

Sorry this has been such a depressing post.  I wouldn't have written it if I didn't care and I do.

Monsanto and Cargill messing with Mother Nature...Again

Well now they want to mess with the oceans, lakes and streams...

• The soy industry, Monsanto, Cargill and other agribusiness giants are trying to position GM soy as a “sustainable” choice for aquaculture (farmed fish) feed
• As soy is not a natural food found in the oceans, it poses serious risks of pollution, lack of nutrient content in seafood, and contamination of the oceans with herbicide-saturated GM soy
• There is also concern about adding GM soy to yet another area of the food supply; it’s already ubiquitous in processed food and factory-farmed meat
• By boycotting not only farmed fish but also GM soy, you’re taking a stand in support of natural, organic and independent community farms both on land and at sea

http://articles.mercola.com/sites/articles/archive/2012/07/17/genetically-modified-soy-for-farmed-fish.aspx?e_cid=20120717_DNL_artNew_2

People are going to be dying from hunger in this country.  Taking all the nutrition from our food is NOT a good idea.  Shame on them for polluting our food chain and shame on us for buying what they're selling.

Bee article

Interesting article on bees

• Earlier this year, the Illinois Department of Agriculture allegedly stole and destroyed a beekeeper’s hives and bees after inspectors claimed the hives had foulbrood, and that the beekeeper, Terrence Ingram, had failed to dispose of the hives as instructed. However, Ingram feels he could prove his hives did not suffer from the contagious disease, and that the Department acted without due process
• Mr. Ingram suspects the destruction of his bees may be more related to his research on Monsanto’s Roundup and his documented evidence that Roundup kills bees
• One of the forerunning theories of colony collapse disorder (CCD) is that it’s being caused by genetically engineered crops—either as a result of the crops themselves or the pesticides and herbicides applied on them, such as Monsanto’s Roundup
• Ingram has studied the effects of Roundup on honeybees for the past 15 years, and believes he had acquired sufficient amounts of data to show that Roundup not only causes bee die-offs, but may be the cause of CCD

To read the entire article go here:

http://articles.mercola.com/sites/articles/archive/2012/07/05/monsanto-roundup-effects-on-honeybees.aspx?e_cid=20120705_DNL_artNew_1

FDA to regulate stem cells

The U.S. Food and Drug Administration (FDA) is attempting to regulate stem cell procedures at a Colorado clinic, stating that stem cells are “drugs” that fall under FDA jurisdiction


The FDA is making this claim even though the stem cells being used in the procedure come from the patient’s own body, which means they are essentially claiming that they can regulate a part of your body

In court documents, the FDA also stated that the procedure would adversely affect the market for out-of-state drugs that are approved by FDA

The FDA has a sordid history of attacking natural products and procedures that threaten to interfere with big business; knowledge is power -- the more you know the better you’ll be able to make informed health care decisions

Read more here:
http://articles.mercola.com/sites/articles/archive/2012/02/25/fda-states-stem-cells-are-body-regulator.aspx?e_cid=20120225_DNL_art_3

I wondered what was up...

when I heard on the news about the birth control thing requiring insurance companies to give out free birth control.  Now Obama is backpedaling cause he's got the Churches upset...hmmm. 

On the latest video I saw he was saying that this policy wasnt supposed to come out until next year but he told them to do it in a week but this wasnt politcal yea right...seems there's an election coming up wonder why he thinks we might think it is political...hmmm. 

Anywho - here is an article by the New American that I found on Article 21 put out by the UN last October.  I found it very interesting, I think you will too.  Now I dont normally think there are any conspiracies going on but this one, well read it for yourself and see what you think.



According to the United Nations, the earth’s population will reach seven billion by October 31. For the world body, however, that is not something to celebrate. In fact, the UN Population Fund is focused on ways to decrease the world’s population, and has selected October 31, “7 Billion Day,” as a day to raise awareness about “sustainable development.”


The United Nations has openly proclaimed that the world’s increasing population is a cause for concern. Likewise, the UN has advocated for its Agenda 21 program that seeks to bring about “sustainable development.”

On February 10, The New American’s William Jasper wrote of Agenda 21:

The UN’s Agenda 21 is definitely comprehensive and global — breathtakingly so. Agenda 21 proposes a global regime that will monitor, oversee, and strictly regulate our planet’s oceans, lakes, streams, rivers, aquifers, sea beds, coastlands, wetlands, forests, jungles, grasslands, farmland, deserts, tundra, and mountains. It even has a whole section on regulating and “protecting” the atmosphere. It proposes plans for cities, towns, suburbs, villages, and rural areas. It envisions a global scheme for healthcare, education, nutrition, agriculture, labor, production, and consumption — in short, everything; there is nothing on, in, over, or under the Earth that doesn’t fall within the purview of some part of Agenda 21.

Agenda 21 is yet another means to achieve ultimate control. Additionally, as noted by LewRockwell.com, a key component of Agenda 21’s sustainable development is population control, since Agenda 21 seeks to achieve reduced consumption, social equity and the preservation and restoration of biodiversity. Proponents of Agenda 21 and sustainable development believe every societal decision should be based on environmental impact, including land use, education, and population control.

A United Nations resolution adopted by the UN General Assembly specifically designed to implement Agenda 21 reads:

….population growth rates have been declining globally, largely as a result of expanded basic education and health care. That trend is projected to lead to a stable world population in the middle of the twenty-first century… The current decline in population growth rates must be further promoted through national and international policies that promote economic development, social development, environmental protection, and poverty eradication, particularly the further expansion of basic education, with full and equal access for girls and women, and health care, including reproductive health care, including both family planning and sexual health, consistent with the report of the International Conference on Population and Development.

Likewise, the March 2009 U.N. Population Division Policy brief began with the statement, “What would it take to accelerate fertility decline in the least developed countries?”

The same theme was prevalent in the 2009 World Population Report released by the United Nations Population Fund entitled “Facing a Changing World: Women, Population and Climate.” That document made a number of frightening assertions:

•"Each birth results not only in the emissions attributable to that person in his or her lifetime, but also the emissions of all his or her descendants. Hence, the emissions savings from intended or planned births multiply with time."

•"No human is genuinely "carbon neutral," especially when all greenhouse gases are figured into the equation. Therefore, everyone is part of the problem, so everyone must be part of the solution in some way."

•"Strong family planning programmes are in the interests of all countries for greenhouse-gas concerns as well as for broader welfare concerns."

Many of our own lawmakers and members of the Obama administration have openly called for population control. Former vice president Al Gore, for example, made the following statement regarding population control:

"One of the things we could do about it is to change the technologies, to put out less of this pollution, to stabilize the population, and one of the principle ways of doing that is to empower and educate girls and women. You have to have ubiquitous availability of fertility management so women can choose how many children have, the spacing of the children.

You have to lift child survival rates so that parents feel comfortable having small families and most important – you have to educate girls and empower women. And that’s the most powerful leveraging factor, and when that happens, then the population begins to stabilize and societies begin to make better choices and more balanced choices."

Maurice Strong, head of the United Nations Environmental Program, alluded to population control and more when he stated in 1990, “What if a small group of these world leaders were to conclude that the principle risk to the earth comes from the actions of the rich countries? In order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring this about?”

President Obama’s Science Adviser John Holdren wrote a book in 1977 called Ecoscience in which he indicated support for forced abortions, sterilization through infertility drugs or through the nation’s drinking water or food, having babies seized from single mothers or teen mothers and given away to couples, requiring that “people who contribute to social deterioration…be required by law to exercise reproductive responsibility” (i.e. more forced abortions or sterilizations), and creating a transnational “Planetary Regime” that controls the global economy and dictates the details of American lives by use of an armed international police force.

Holdren went so far as to say that the United States Constitution permits population control, “Indeed, it has been concluded that compulsory population-control laws, even including laws requiring compulsory abortion, could be sustained under the existing Constitution if the population crisis became sufficiently severe to endanger the society.”

Population control has also found support amongst other prominent Americans, including Microsoft’s Bill Gates, U.S. Supreme Court Justice Ruth Bader Ginsburg, Sierra Club Director David Brower, Planned Parenthood Founder Margaret Sanger, and David Rockefeller.

Given the United Nation Population Fund’s push for decreased population, and the surprising level of support it has received within our own federal government, groups like the John Birch Society are pushing to defund the UNPF. According to the JBS:

The propaganda from the UNFPA (known as the United Nations Fund for Population Activities from 1969 to 1987) indicates that its programs do nothing more than “reduce poverty and ensure that every pregnancy is wanted, every birth safe, every young person is free of HIV/AIDS, and every girl and woman is treated with dignity and respect.” And how does the UNFPA accomplish such lofty-sounding goals? By promoting “family planning,” access to abortions, and instituting sex-ed programs, especially for youth.…
So, instead of promoting policies that would delay marriage and childbearing for the poverty-stricken of many countries, the UNFPA encourages promiscuity. Instead of abstinence training, a sexual revolution is advanced. And, instead of telling teens the truth about free sex, they hype the glories of condom use that afford little or no protection from sexually transmitted diseases rampant in many third world countries. Shockingly, the UN’sanswer to gender discrimination and sex selection brought about by the one-child policy is “safe” abortions.
Fortunately, the U.S. House of Representatives Relations Committee has introduced HR 2059, which defunds the United Nations Population Fund. The legislation has 83 cosponsors and is said to save taxpayers $400 million.

What’s clear is that the American people must act quickly as civilized nations are beginning to act in accordance with the UN’s drive for population control. In the United Kingdom, for example, the Daily Mail reports that thousands of “abnormal babies” are being selectively aborted each year. This is expected behavior in a world where population control takes center stage.

 
 
 
P.S.-
By the way I dont have any problem with population control as long as it is in the hands of the couples or women and NOT the government. Hey you want to have 16 kids go for it as long as you can support that many kids and dont expect the tax payers to pay for them. If you have too many and cant take care of them, please give them up for adoption. I am so angry and upset at these mothers that have children and end up abusing them or killing them because they cant cope. There are many couples out there just waiting for a child.

Interesting blog post

http://realitybloger.wordpress.com/2012/01/08/that-isn-wax-on-your-apple/

Yep not from me though....LOL.

Musical video on GMO's

http://www.youtube.com/watch?v=lu2qKI2Ju9s

Not bad, not bad at all....

This one will really make you mad

http://articles.mercola.com/sites/articles/archive/2011/12/04/lobbyists-stealing-government.aspx?e_cid=20111211_SNL_MC_1

Food Democracy Now - Stop Traceability for Livestock Program

Dear Friend,

Once again the Obama administration is proposing burdensome regulations that will disproportionally harm family farmers while factory farmers get an intentional break. If you thought NAIS (the National Animal Identification System) was dead, think again! Right now the Obama administration is attempting to sneak a scaled-down version of a new "Traceability for Livestock" program onto farms across the U.S. through a new backdoor proposed USDA regulation.

Just like last time, the group ID is alive for factory farms, saving them lots of money, while family farmers and those who raise a few animals, like backyard chickens, will face the expense and burden of individually tagging their animals if they cross state lines.

The USDA's proposed new "traceability" rule will act like a driver's license for your backyard chicken or an ID card for a cow in Western Iowa crossing the border into Eastern Nebraska. If Obama gets away with it, this new Animal Identification rule will act like a tax on every livestock animal that crosses state lines - something that happens THOUSANDS a times a day in the United States!

Click on the link below to protect our farms and our right to own animals by submitting your comments today! DEADLINE for comments is COB Friday, December 9.

We need them to hear your voice today. Please spread the word.

http://action.fooddemocracynow.org/sign/stop_new_animal_ID/?referring_akid=.316027.i2JQ5M&source=taf

Sound Living

Almost daily we read in the press expressions from every part of the country indicating that what people are seeking most strenuously today is some sort of firm foundation upon which to build for the future.  Probably each one of us feels hopeful that the days to come are destined to be better days than any we have previously known.  However, we are undoubtedly each wondering how a sane basis of economy in government and business is to be finally reached, and once attained, how it is to be preserved. 

There is no doubt that for many years we have been following false ideals to an alarming extent:  The man or woman doomed to a quiet, wholesome, steady and dutiful mode of living was to be pitied; one who took thought for the morrow, or questioned where all the hectic living was leading, was regarded as oldfashioned and a kill-joy into the bargain.  But fortunately for all of us many of these ideas and valuations appear to be changing.  People generally seem to be reaching out for a sense of soundness for themselves and for the country, to insure the long pull ahead.  This is encouraging, for there is after all nothing which can quite compare with the firm satisfaction of knowing that one is doing his duty as best he sees it, and is keeping his conscience clear by wholesome living.

It appears evident that we as a people, without in the least decrying the value of sane recreation, are nevertheless becoming oldfashioned enough to wish to trade much of the get-rich-quick splendor, and night club glamour, for the ways of life which lead to a wholesome self-respect, a quiet mind, and the happy enjoyment of the simpler things of life.  And if the depression which has been such a burden to most of us results in the reversal of the conditions which provoked it, how can we regret it too deeply if the final result is to bring us to a realization of the truly worth-while things in life. 

Editorial from Needlecraft The Home Arts Magazine February 1935.

Amazing that they were thinking then what most of us are thinking now...

Site on Monsanto

http://www.monsanto.no/index.php/en/

GMO eggplant found to be toxic

http://www.monsanto.no/index.php/en/environment/gmo/gmo-news/173-gmo-eggplant-confirmed-to-be-toxic

NIA blog post - 11/9/11

ECB Preparing Italy Bailout, Massive Inflation Coming

Italy’s 10 year bond yields rose above 7% on Wednesday and economists from around the world are now proclaiming that these interest rates are unsustainable with Italy’s national debt now 120% of its GDP. NIA believes the ECB is currently working on their largest bailout in history where they will commit to purchasing over €1 trillion of Italian bonds and bonds of other eurozone countries that are at risk of becoming insolvent. Despite the signals currently being given by the ECB, they will not allow Italy to fail because it will cause a Great Depression throughout the European Union, which will lead to the destruction of the eurozone.

Economists today fail to realize that 10 year bond yields of 7% are normal for not just Italy, but the rest of the eurozone and the United States. If it wasn’t for the ECB holding their benchmark interest rate at artificially low levels for over a decade, Italy and other eurozone countries wouldn’t have the high levels of debt they do today and they would be able to withstand yields of 7% or higher. The ECB is entirely at fault for the European Debt Crisis and they are about to follow in the footsteps of the Federal Reserve by abandoning their objective of maintaining price stability and keeping inflation low.

German 10 year bond yields declined again today to 1.72% and the spread between Germany and Italy is at a new record of 553 basis points. Germany is benefiting from safe haven buying from investors selling Italian bonds and buying German bonds, but investors will soon realize that German bonds are no better than Italian bonds and the world will dump all Euro denominated bonds.

Bond investors currently expect very little inflation in the eurozone, as seen by Germany’s low bond yields. The sole reason for the large spread between German and Italian bonds is Italy’s greater risk of default. However, a default by Italy would lead to the failure of Germany’s largest banks. Germany knows this but they don’t want to raise inflation expectations by making the world think that the ECB will be monetizing Italy’s debt. Therefore, Germany is now telling Italy to request aid from the European Financial Stability Facility (EFSF) if needed.

Unfortunately, the EFSF doesn’t have the financial resources to rescue a country the size of Italy. Last week, the EFSF had to cancel a €3 billion auction of 10 year bonds due to a lack of investor interest. On Monday, the EFSF finally had the bond sale, but was met with subdued interest that barely covered the €3 billion in bonds being offered. So far the EFSF has only raised a total of €13 billion through bond sales, but has received €440 billion in guarantees from eurozone countries. If Italy becomes a recipient of EFSF funding, the EFSF will lose one of their largest contributors.

The EFSF is looking to leverage up its €440 billion in funding to over €1 trillion. The European Debt Crisis was caused by too much leverage and debt. It is complete insanity to believe that the EFSF is going to solve the debt crisis when it too is getting deeply into debt and planning to use huge leverage to increase their funds available for bailouts.

There was recently a report that a proposal was made at the G20 summit last week in Cannes for Germany and other leading countries in the eurozone to pool together their foreign currency reserves including their gold reserves to back the EFSF, which would allow it to easily leverage up their funds and raise more money through bond sales. As soon as this report surfaced, Germany immediately announced to the world that they will not be using their gold reserves to boost the EFSF and that their gold reserves are “untouchable”.

Germany’s unwillingness to use their gold reserves clearly shows that gold is the real safe haven where individuals should store their savings if they want to keep their purchasing power. Investors buying German 10 year bonds with a yield of only 1.72% should ask themselves why Germany is willing to fund the EFSF with Euros but not their gold. Maybe investors will come to their senses and change their mind about buying any Euro denominated bonds.

For the past decade there has been a bond bubble in both Europe and the U.S. where we have seen bond yields at artificially low levels for an unprecedented amount of time. This has caused modern economists to believe that low bond yields are the new normal. When central banks interfere in the free market by manipulating interest rates to artificially low levels, it creates asset bubbles that eventually burst. When asset bubbles burst, the free market takes over and attempts to correct the damage by raising interest rates to extremely high levels, which encourages consumers to reduce their consumption and increase their savings.

NIA believes that over the next five years, 10 year bond yields will reach double digit territory throughout the eurozone and the U.S. The free market wants countries like Greece and Italy to default on their debts and restructure them, which is why their bond yields are rising so high. Although Greece and Italy have the highest debt levels in the eurozone as a percentage of GDP, the whole entire eurozone borrowed too much and has too much debt. Germany and France both know that the failure of Italy will spread to them when German and French banks with Italian debt begin to fail. The EFSF will soon be exposed as a failure itself when it is unable to attract the funding necessary to rescue eurozone countries in need of bailouts. Unless the ECB decides to bailout eurozone countries through the EFSF by buying their bonds, the ECB will be forced to directly monetize debts across the entire eurozone.

Even though the destruction of the eurozone seems imminent, NIA believes it will take time to play out. Most likely, in about two or three months from now the media will begin focusing its attention on the U.S. crisis. When the spotlight is off Italy, their bond yields will temporarily dip back down, but U.S. bond yields will skyrocket. The U.S. national debt is very close to breaking 100% of GDP, which will likely be a catalyst for investors to begin dumping their U.S. dollar denominated assets. The U.S. has unfunded liabilities many times the size of Italy’s unfunded liabilities. Including unfunded liabilities, while Italy’s total debts are approximately 300% of their GDP, the U.S. has total debts equaling about 600% of its GDP.

Austerity cuts are becoming very common in the eurozone and although citizens still protest them, it has become politically acceptable for politicians in Italy and other eurozone countries to support them. Italy’s cash budget deficit as a percentage of GDP is currently only 3.9% and their national debt has been barely growing. The U.S. cash budget deficit as a percentage of GDP is currently 8.7%, more than double Italy, and the U.S. national debt has been growing at a record rate. Americans are used to stimulus over austerity. Members of Congress are too afraid to make necessary spending cuts. The U.S. has a budget deficit from entitlement programs and interest payments on the debt alone.

The supercommittee created by Congress to recommend $1.5 trillion in deficit reductions by November 23rd, so far hasn’t agreed to make reductions to any entitlement programs. The Democrats and Republicans have so far only reached consensus on changing the way the government calculates inflation for Social Security cost of living adjustment (COLA) increases. They want to calculate inflation by using a new chain weighted CPI, which will understate inflation even more than the current CPI they use.

Based on how the current CPI has been miscalculating inflation for decades, Social Security recipients today should be receiving approximately triple their current payments. All Americans should be outraged that the government is planning to once again reduce the deficit through deception, when they should be eliminating wasteful government agencies like the Department of Energy, the Department of Education, and the Department of Homeland Security, while bringing our troops home from the middle east and immediately cutting overseas military spending in half so that we have the resources to better protect ourselves at home.

The extremely high levels of debt in both Europe and the U.S. need to be liquidated as soon as possible. If Italy can’t sustain itself with 7% interest rates, which is only average on a historical basis, think about how large the crisis will be in the U.S. when interest rates here reach 15% as price inflation spirals out of control. Less than three months ago Italy’s interest rates were below 5%. Fundamentally, Italy’s economy is the same as it was three months ago, but perceptions in the marketplace change quickly. Today, U.S. treasuries are still perceived to be a safe haven, but this will change 180 degrees in no time.

Just like how the U.S. government understates inflation when calculating COLA adjustments, they also understate inflation when calculating GDP growth. The U.S. recently reported 3Q GDP growth of 1.62% on a year-over-year basis, which used a price deflator of only 2.52%. If they used the real rate of price inflation, they would have reported negative GDP growth. The Federal Reserve just lowered forecasts for U.S. GDP growth in 2012 to between 2.5% and 2.9%, down from a forecast in June of between 3.3% and 3.7%. In order to ensure that we even meet the Fed’s new projections, the Fed will soon be launching QE3. NIA predicts that the Fed will use fears of contagion from the European Debt Crisis as their excuse for launching QE3 in the near-future. Combined with massive inflation from Europe as the ECB monetizes debt to save banks with exposure to Italian bonds, gold will soon skyrocket to new all time highs with silver likely beginning to once again outperform gold.

 

http://inflation.us/

NIA New Email - 11/30/11

The Federal Reserve along with the European Central Bank, Bank of Canada, Bank of Japan, Bank of England, and the Swiss National Bank are all lowering their U.S. dollar swap rates by 50 basis points! This is going to create massive worldwide monetary inflation and flood the world with U.S. dollars!

The Fed claims that these coordinated actions will enhance their capacity to provide liquidity support to the global financial system in order to "ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity."

It was also announced this morning that arrangements have been made to establish temporary bilateral liquidity swap arrangements so that liquidity can be provided in each jurisdiction in any of their currencies should market conditions so warrant. Although the Fed said, "there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar" at this time, the stage is now set to create massive worldwide monetary inflation in other fiat currencies as well. The whole entire global fiat currency system could soon come to an end. The only solution to the upcoming hyperinflationary crisis will be a global digital gold backed currency.

NIA believes China will soon announce that they have dramatically increased their gold holdings to backup their rapidly growing foreign currency reserves, which have now reached $3.2 trillion. China's central bank just announced this morning that they are lowering their reserve requirement ratio by 50 basis points to 21% from 21.5%!

NIA considers precious metal stocks to be extremely undervalued at this time and we believe they are set to outperform gains in gold and silver in the months ahead. We believe silver stocks have the most upside potential and that silver exploration stocks, although the most risky, could be the biggest silver gainers.