FED To Steal State Pension Funds

Fed to Steal State Pension Funds? If this doesn't give you an idea of just how desperate times are...

By the way, to answer a question: Putting your money in gold and silver is about "protecting your assets", not making a profit. You should see profit as just an added benefit. When an economy collapses and its currency drops in value, it takes more of that currency to buy gold, and initially that gold will buy a lot more stuff because the prices of items haven't caught up with the reality of the situation. Eventually however, the price of every necessary item increases (inflation), and ultimately tries to catch back up with gold and silver, putting gold right back at the same place it was before - in purchasing power. One other huge benefit though, is when currency has NO buying power at all, gold and silver have all of the buying power.

Most sound advisors recommend that you have at least 20% of your investments in gold. Gerald Celente says he has 80% of his in gold at the moment.


Fed to Steal State Pension Funds - You think the average person would have predicted this? Heck, most of them won't be aware of it after-the-fact.

Celente: 2.5 Million Jobs Lost Since Obama's Presidency - as the government reports it. He's being careful.

The Travails of Small Business Dooms the Economy
So Long, California
Pens and Notebooks Put on Layaway - People just don't have money.
The Dollar: Soon to Swoon? - You think Bernanke lays awake at night thinking about this?

Feds, 10 States Join to Fight Mortgage Fraud
Pyongyang's Booming Trade in Fake US Currency A fascinating article.
Without prospects, they’re prospectors: Metal’s high price and economy’s low ebb create new California gold rush
Cash for Clunkers: Dumbest Program Ever?
Even Warren Buffett Is Now Saying Bonds Could Crack
Bullish Stampede Persists - In a market kept afloat by mere faith in the government.
Here's a pretty good website to keep up with: http://urbansurvival.com/week.htm