first majestic silver

Should I Stay Or Should I Go?

August 8, 2013

Why aren’t American’s flocking to precious metals?  Americans seem to have turned their backs on the shiny, precious insurance in favor of paper dollars and stocks of many sorts.  Why? Because they listen to the six media sources owned by the banksters, the powered elites, who have manipulated the masses through re-inflating the burst balloon called the Stock Market.  

The west is watching the Chinese demand for gold continue to grow.  The Chinese are calculating and efficient, and won’t be led to slaughter.  Leave that expectation up to Americans who are blinded by the lights, bling and lies of their government.  Did you ever watch someone check their receipt for correctness at a restaurant?  Did you know that 45% of all transactions have errors in pricing on them?  The Federal Trade Commission estimates that approximately 22% of grocery store scans are incorrect and costs consumers 2.5 billion dollars in savings every year. 

I keep expecting my distributor to announce any day that there is no physical product left for public purchase.  Just look at what the Chinese have bought and June and July have reported similar numbers as well.

 

Today we are living in a bubble of debt fueled by a false prosperity that allows us to consume far more than we produce. When that bubble bursts we will be forced to experience the most painful economic adjustment that American’s have ever gone through.

Today the U.S. debt is more accurately $70 Trillion, six times the declared figure by our government, of which $55 Trillion is worthless Medicare and Social Security promises.  $220 Billion alone is the interest payment annually which is now rising as interest rates rise.  That is like you paying $220 a month on a $70,000 Mercedes @ 3% interest for 70 years. Your grand children’s children will be paying off this debt.  The world is betting that the U.S. will default on our debt and so would I. 

Did you know these 20 facts of the U.S. economy?  Why would anyone believe the lies from the media that report that “things are getting better”?

1.    The U.S. spends 20 times more on the Obama’s than the British taxpayer spends on the royal family.

2.    48 million Americans are on food stamps, 50% since 2008 or 1 out of 6 a number that exceeds the total population of 26 U.S. states.     

3.    Today over 55% of all Americans receive some financial benefit from the federal government.  Over 100,000,000 (one hundred million) are enrolled in at least one welfare program of 80 offered which does not include Social Security or Medicare.

4.    Over 100,000,000 (one hundred million) Americans of working age do not have a job, 59% of able bodied Americans are unable to find work, the same percentage reported four years ago while household incomes continue to fall over $4,500 over the past five years and 1 in 4 make less than $10 an hr. and a mere 25% are considered good jobs.

5.    Small business owners report that they would not start a business today knowing what they know now about falsely inflated interest rates, regulations, growth and building requirements of local governments and federal dictates. 

6.    The U.S. global Gross Domestic Product has fallen for 5 years over 32%, even with the government’s inclusion of all future benefits they have promised the constituency that more than likely will not be delivered as promised.

7.    Today 50% of the populace are considered “low income” or are already living in poverty and 58% of all children are considered to be living in poverty and a million children are homeless rising 60% since 2007.

8.    Today 500,000 (half a million) federal employees make $100,000 a year up over 10% in 5 years while 77,000 of those workers make more than the governors in their own states and 15,000 collect Federal Pensions of $100,000 annually.

9.    Four major banks have over 40 trillion dollars of exposure to derivatives.

10.  In four years those not in the labor force has increased by 8.5 million Americans, during the 1980’s entire decade those not in the work force rose by only 2.5 million.

11.  The marriage rate of Americans has dropped from 70% in the 60’s to 50% today according to the Pew Research Center.

12.  53% of Americans with a Bachelor’s degree under the age of 25 were unemployed or underemployed.

13.  The U.S. has lost 50,000 manufacturing jobs a month since China joined the W.T.O. in 2001 and 500,000 (half a million) jobs every single year to China  according to the Economic Policy Institute.

14.  In 2012 62% of the federal budget was spent on entitlements.

15.  Forty years ago a mere 3% of retirees from Congress became lobbyists, today that number is 42% from the House and 50% from Congress while D.C. has become the wealthiest area in the U.S. while homelessness in D.C. has increased 25%.

16.  30% of Americans have nothing saved for emergencies and 40% have less than $500 in savings.

17.  Global food reserves are at their lowest level in 40 years.  Corn production has declined for 3 years and a soon a 4th year as farmers were unable to plant within their window of opportunity due to too much rain.

18.  The global elite are holding 418 Trillion in offshore accounts.

19.  A mere one third as many new homes today are being sold as compared to 2005.

20.  The wealthiest 1% of Americans own more wealth than the bottom 95% and the wealthiest 400 families have as much wealth as the bottom 50% of Americans combined.  The six Walton’s have a net worth equal to the bottom 30% of all Americans combined.      

The decision is up to you and you alone, you can "stay where you are at" or you can "go and get busy", stacking, storing, buying and preparing for the inevitable!  Protect your family while you can while the window is still open!

Roxy Lewis writes articles at www.whynotgold.com  a Better Business A+ rated reputable brokerage offering silver and gold at transparent pricing at just 1% or less commission. I hold a B.S. Degree from Iowa State University and 35 years’ experience in human resources, management, investments, personal property development and entrepreneurial business development. I write to awaken and educate the populace to become self-sufficient and abandon and remove themselves from a failing system in order to defend and preserve their life’s assets.

I write articles @ www.whynotgold.com  under ROXY’S COLUMN and ARCHIVED articles of the past. VISIT my site also at www.gold-eagle.com  and may be reached at @ 1-888-Y Not GOLD or [email protected] . See all old archived articles under TOP ANALYSTS tab / Roxy Lewis!


Minting of gold in the U.S. stopped in 1933, during the Great Depression.
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