-Started physical silver collection (coins, bars)
-Paper silver / gold market unsafe
-U.S dollar devaluation / Fed printing money
-Hyper inflation
-2012 Year of the Dragon 1/2 oz coin – Royal Canadian Mint
-Bearish on NASDAQ for 2012
Canada needs Canadian’s to spend to grow the economy and battle the global economic downturn, however the wages of working Canadian’s are not increasing in line with the cost of living.
Statistics Canada has outline that the major provinces are struggling with slow job growth which makes it harder for workers to demand higher wages and couple that with a rise in commodity prices around the world and you can see that energy (fuel) and food costs takes a bigger chunk out of Canadian’s pay cheques.
British Columbia’s exports to Asia was higher than sales to the U.S. for the first time back in August of 2011. The increase was an increase of 11 per cent and B.C.’s jobs minister Pat Bell said Friday.
Only three years ago, America was the British Columbia’s main customer for its forestry products, industrial goods and energy products.
B.C. manufacturers are now moving their sales focus towards Europe and Asia as the United States economy slows down.
Great video of economist John Mauldin talk about where America is going with all this debt being created in the name of economic recovery. John Mauldin has been a guest on Yahoo Finance, Reuters and other financial news network before discussing his views on the U.S and other economies.
After watching this video or his presentation you will see just how grave the economic situation is in the United States.
Watch this 15 min independent news reel about how America has used the main stream media to manipulate the American public into supporting one war after another.
ZeroHegde has an article about “Job Creators, Internet Architects and Security Experts Hate SOPA”, have a read if you value “Freedom of Speech” on the internet. If S.O.P.A goes through you will see thousands upon thousands of websites shutdown, if the U.S government thinks it is violating copyright or against propaganda.
In Afghanistan American soldiers, serving there abused another soldier of Asian descent…a Chinese-American to be exact.
“Chen was forced to crawl with sandbags on his back and had to duck to avoid rocks thrown at him that were supposed to resemble artillery fire. He also had to endure racial slurs because of his status as a Chinese-American.”
The incidents were reported to his superiors but they failed to act, probably thought being “racist” is normal or accepted in the army.
China and Japan (2nd and 3rd largest economies) will now start to trade amongst themselves using Yen and Yuan and not the U.S dollar.
The is a big hit to the United States dollar, because it currently is the world’s reserve currency, however because America is in so much debt and America keeps printing more money out of thing air, the U.S dollar value is being driven down.