This is why retirement accounts and 401ks are shams. I'll just reiterate,
"2% over 40 years (the average working stiff's time in the employment marketplace) results in a price index that is 239% of where it was on your first day of work.
Put a different way, such a "target", if met, results in a 58% debasement in your purchasing power over your working life."
And, 2% is a low ball figure. Since they lie and don't include food or gas in their calculations. So it's much worst than that. You lose half of your labor just by participating in this scam. I'll wager, if you recalculate based on real inflation, and take into account stock market crashes, etc., they are taking 75% of your wealth that you generate. Scam. Sham.
Arrest the Banksters.
Physical gold and silver will protect you. Wealth storage.
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The Fed: Time For 20 Years Of Prison For Bernanke
http://market-ticker.org/akcs-www?post=188198
The FOMC would probably target headline inflation if it moved to an explicit goal, Meyer said. Two percent would be the most likely target, and the time period over which policy makers expect to achieve it will likely be the “medium term,” a vague horizon that makes clear this is not a goal for a one-year period, he said.
2% over 40 years (the average working stiff's time in the employment marketplace) results in a price index that is 239% of where it was on your first day of work.
Put a different way, such a "target", if met, results in a fifty-eight percent debasement in your purchasing power over your working life.
Who gets this money? The banks. It was literally stolen from you.
This is not a felony resulting in arrest, indictment, prosecution and imprisonment.... why?
It is illegal under current law, by the way.
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z
Wednesday, June 15, 2011
New air purifier technology removes 99% of indoor allergens
This might be worth buying (investing in).
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New air purifier technology removes 99% of indoor allergens
http://www.naturalnews.com/032701_air_purifier_indoor_allergens.html
(NaturalNews) A consumer version of the air purification technology used in hospitals, governmental agencies and other high-traffic buildings is now available to home and small-business owners.
Unlike many air purification systems that filter the air, the Guardian Air REME+ air purifier generates Ionized Hydro-Peroxides that neutralize impurities on contact, just like in nature.
"It's going to change the way people live in their homes," says Dr. Edward F. Group, an expert on green lifestyle and technology and innovative developer of organic and natural dietary supplements.
The whole-house air purification system is small enough to hold in your hand, has no moving parts, and installs into any central HVAC duct in minutes.
The invisible particles it silently generates are attracted to contaminants in the air and on surfaces. According to the company, independent testing has shown that the system reduces airborne bacteria by 97 percent, and reduces E. coli, Listeria, Streptococcus, and MRSA by 99 percent. The system can also control airborne mold, which led the US Military to adopt it for use in field hospitals. Inner inner city schools reported a 20 percent decrease in student absences following installation of the system.
"I have researched the majority of the air purification systems on the market," Group said, "and there's simply nothing else out there as advanced and affordable as the Guardian Air REME+ air purification system, every home and office in the world should have one."
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z
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New air purifier technology removes 99% of indoor allergens
http://www.naturalnews.com/032701_air_purifier_indoor_allergens.html
(NaturalNews) A consumer version of the air purification technology used in hospitals, governmental agencies and other high-traffic buildings is now available to home and small-business owners.
Unlike many air purification systems that filter the air, the Guardian Air REME+ air purifier generates Ionized Hydro-Peroxides that neutralize impurities on contact, just like in nature.
"It's going to change the way people live in their homes," says Dr. Edward F. Group, an expert on green lifestyle and technology and innovative developer of organic and natural dietary supplements.
The whole-house air purification system is small enough to hold in your hand, has no moving parts, and installs into any central HVAC duct in minutes.
The invisible particles it silently generates are attracted to contaminants in the air and on surfaces. According to the company, independent testing has shown that the system reduces airborne bacteria by 97 percent, and reduces E. coli, Listeria, Streptococcus, and MRSA by 99 percent. The system can also control airborne mold, which led the US Military to adopt it for use in field hospitals. Inner inner city schools reported a 20 percent decrease in student absences following installation of the system.
"I have researched the majority of the air purification systems on the market," Group said, "and there's simply nothing else out there as advanced and affordable as the Guardian Air REME+ air purification system, every home and office in the world should have one."
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z
Nebraska nuclear power plant at Emergency Level 4
Who plans the designs of these reactors? Seriously.
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Nebraska nuclear power plant at Emergency Level 4
"On June 6, 2011, the Fort Calhoun pressurized water nuclear reactor 20 miles north of Omaha, Nebraska entered emergency status due to imminent flooding from the Missouri River. A day later, there was an electrical fire requiring plant evacuation.
Then, on June 8th, NRC event reports confirmed the fire resulted in the loss of cooling for the reactor's spent fuel pool. The discussion includes specific details of the technical failures at Fort Calhoun, the risks of coolant loss at overcrowded "spent" fuel pools, and the national hazards of nuclear facilities along the Missouri and Mississippi Rivers, and other water sites during the current period of floods and climate change."
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z
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Nebraska nuclear power plant at Emergency Level 4
"On June 6, 2011, the Fort Calhoun pressurized water nuclear reactor 20 miles north of Omaha, Nebraska entered emergency status due to imminent flooding from the Missouri River. A day later, there was an electrical fire requiring plant evacuation.
Then, on June 8th, NRC event reports confirmed the fire resulted in the loss of cooling for the reactor's spent fuel pool. The discussion includes specific details of the technical failures at Fort Calhoun, the risks of coolant loss at overcrowded "spent" fuel pools, and the national hazards of nuclear facilities along the Missouri and Mississippi Rivers, and other water sites during the current period of floods and climate change."
===
z
Warnings Of A Great Depression or Hyperinflation
Better liquidate your 401ks now, before they pass legislation that prohibits you from doing so. Get while the gettin's good.
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Warnings Of A Great Depression or Hyperinflation
http://sgtreport.com/2011/06/warnings-of-a-great-depression-or-hyperinflation/
by Bob Chapman:
Unemployment at 22.4% is causing a run on assets of retirement funds. That is probably why legislation is being introduced to limit how much money can be removed from these investment vehicles. About 11% of participants have taken out loans over the past year, up from 9% y-o-y. In overall total 22% have loans out and the numbers are accelerating. Almost all the loans will never be paid back. Hardship is forcing people to withdraw, as well as those who believe that government will try to commander 401K’s and IRA’s to fund a bankrupt government, that wants to replace those vehicles with bogus government guaranteed annuities.
If the extension of the short-term debt is not legislated by August 2nd, we may see legislation regarding a takeover of some retirement plans.
As this possible misuse of Americans hangs in the balance, inflation plods, relentlessly onward and at the current rate of acceleration we could see hyperinflation two to three years down the road. We projected 14% inflation before the end of 2011 just over a year ago, and we have six months to go to make it to that level. There is no way to avoid what is coming whether it is hyperinflation or straight into deflationary depression. Eventually it will be deflationary depression. The very fact that sovereign states are creating money and credit willy nilly trying to avoid financial failure is surely proof that they are unable or incapable of generating sufficient revenue to satisfy their debt obligations. Currencies are inflated and depreciated in order to pay back debt with less valuable currency. This is the mode that the US dollar and many other currencies are in today. All currencies for the past eleven years have fallen more than 20% annually versus silver and gold and there is good reason for that, they are all being deliberately devalued not only against one another, but versus gold and silver as well. That means that if this policy continues the US dollar and other currencies will eventually go into default. The unavoidable conclusion has to be an eventual dollar and dollar related collapse of things denominated in US dollars. What lies ahead has some uncertain aspects, as to which route will be taken. Presently it is inflation that probably would lead to hyperinflation and then collapse into deflationary depression. At first buyers will perceive less purchasing power, then they will be frightened as the dollars buys less and less, then like a thunderbolt hyperinflation strikes. The public will be ill prepared not having listened to those few who predicted such an event. They will generally speaking not be prepared. Once hyperinflation hits there will be chaos just as there was between 1921 and 1923 in Weimar Germany and most recently in Zimbabwe. Markets will be empty of food, clothing and everything else. It all will have been sold or perhaps even looted. This will happen overnight as the dollar becomes worthless and the country’s social fabric disintegrates. At this stage no one will want to accept dollars in exchange for anything. Barter will begin and gold and silver coins and bullion will become the medium of exchange.
=====
z
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Warnings Of A Great Depression or Hyperinflation
http://sgtreport.com/2011/06/warnings-of-a-great-depression-or-hyperinflation/
by Bob Chapman:
Unemployment at 22.4% is causing a run on assets of retirement funds. That is probably why legislation is being introduced to limit how much money can be removed from these investment vehicles. About 11% of participants have taken out loans over the past year, up from 9% y-o-y. In overall total 22% have loans out and the numbers are accelerating. Almost all the loans will never be paid back. Hardship is forcing people to withdraw, as well as those who believe that government will try to commander 401K’s and IRA’s to fund a bankrupt government, that wants to replace those vehicles with bogus government guaranteed annuities.
If the extension of the short-term debt is not legislated by August 2nd, we may see legislation regarding a takeover of some retirement plans.
As this possible misuse of Americans hangs in the balance, inflation plods, relentlessly onward and at the current rate of acceleration we could see hyperinflation two to three years down the road. We projected 14% inflation before the end of 2011 just over a year ago, and we have six months to go to make it to that level. There is no way to avoid what is coming whether it is hyperinflation or straight into deflationary depression. Eventually it will be deflationary depression. The very fact that sovereign states are creating money and credit willy nilly trying to avoid financial failure is surely proof that they are unable or incapable of generating sufficient revenue to satisfy their debt obligations. Currencies are inflated and depreciated in order to pay back debt with less valuable currency. This is the mode that the US dollar and many other currencies are in today. All currencies for the past eleven years have fallen more than 20% annually versus silver and gold and there is good reason for that, they are all being deliberately devalued not only against one another, but versus gold and silver as well. That means that if this policy continues the US dollar and other currencies will eventually go into default. The unavoidable conclusion has to be an eventual dollar and dollar related collapse of things denominated in US dollars. What lies ahead has some uncertain aspects, as to which route will be taken. Presently it is inflation that probably would lead to hyperinflation and then collapse into deflationary depression. At first buyers will perceive less purchasing power, then they will be frightened as the dollars buys less and less, then like a thunderbolt hyperinflation strikes. The public will be ill prepared not having listened to those few who predicted such an event. They will generally speaking not be prepared. Once hyperinflation hits there will be chaos just as there was between 1921 and 1923 in Weimar Germany and most recently in Zimbabwe. Markets will be empty of food, clothing and everything else. It all will have been sold or perhaps even looted. This will happen overnight as the dollar becomes worthless and the country’s social fabric disintegrates. At this stage no one will want to accept dollars in exchange for anything. Barter will begin and gold and silver coins and bullion will become the medium of exchange.
=====
z
Rick Rule - Silver Will Trade Like an Internet Stock to the Upside
Rick Rule - Silver Will Trade Like an Internet Stock to the Upside
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/15_Rick_Rule_-_Silver_Will_Trade_Like_an_Internet_Stock_to_the_Upside.html
With gold trying to stay above $1,525 and silver bulls looking for a bottom, today King World News interviewed one of the most street-smart pros in the resource sector, Rick Rule Founder of Global Resource Investor, now part of the $9 billion strong Sprott Asset Management. When asked about the possibility of silver trading like internet stocks to the upside in the future Rule had this to say, “I think that’s the case. I’m not a student of markets, I think Eric Sprott in our organization is the best at that, but I certainly remember the silver market going absolutely hyperbolic in the 70’s.
We were close to a hyperbolic market earlier this year. We had a situation going into that where the commodities exchanges increased very dramatically the margin costs in the futures market, but what they are not able to do really is to control the physical market.”
Rick Rule continues:
“You see a continued drawdown of warehouse stocks as a consequence of physical demand, and I think that there is an ongoing risk of a physical failure. Meaning that there could be a failure to deliver futures on a going forward basis. There has been extraordinarily strong off-take, physical off-take from investors.
Eric Sprott points out that about as much silver trades every day in paper form as is mined every year in physical form. The chances that sort of disparity between paper trade and physical supply could yield price shocks seems very, very real to me.”
...
=====
z
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/15_Rick_Rule_-_Silver_Will_Trade_Like_an_Internet_Stock_to_the_Upside.html
With gold trying to stay above $1,525 and silver bulls looking for a bottom, today King World News interviewed one of the most street-smart pros in the resource sector, Rick Rule Founder of Global Resource Investor, now part of the $9 billion strong Sprott Asset Management. When asked about the possibility of silver trading like internet stocks to the upside in the future Rule had this to say, “I think that’s the case. I’m not a student of markets, I think Eric Sprott in our organization is the best at that, but I certainly remember the silver market going absolutely hyperbolic in the 70’s.
We were close to a hyperbolic market earlier this year. We had a situation going into that where the commodities exchanges increased very dramatically the margin costs in the futures market, but what they are not able to do really is to control the physical market.”
Rick Rule continues:
“You see a continued drawdown of warehouse stocks as a consequence of physical demand, and I think that there is an ongoing risk of a physical failure. Meaning that there could be a failure to deliver futures on a going forward basis. There has been extraordinarily strong off-take, physical off-take from investors.
Eric Sprott points out that about as much silver trades every day in paper form as is mined every year in physical form. The chances that sort of disparity between paper trade and physical supply could yield price shocks seems very, very real to me.”
...
=====
z
Turk - Gold & Silver Have Bottomed, Summer Explosion Ahead
Turk - Gold & Silver Have Bottomed, Summer Explosion Ahead
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/14_Turk_-_Gold_%26_Silver_Have_Bottomed,_Summer_Explosion_Ahead.html
With gold and silver rallying, today King World News interviewed James Turk to ask him if we have seen the lows. When asked about a bottom forming here Turk responded, “Eric you know from our previous discussion that I was looking for some more backing and filling and that is exactly what has happened over the last couple of weeks. More importantly gold dropped back to test $1,520, while silver probed support around $35 and both support levels held.”
Turk continues:
“The sharp rally that occurred today off of those support zones suggests to me that the correction is over. In other words we are going to see silver back above $40 and gold above $1,550 within the next couple of weeks. Everything is all set for new record high prices in both metals this summer, which is going to surprise a lot of people.
I just think that people don’t really understand what can happen this summer. We’ve spoken before about the summer of 1982 when the gold price rose 50% from June to September, propelled back then by the Mexican debt default.
There are so many potential debt defaults going on today it is hard to figure out which one will be the tipping point. But whether it is Greece or Ireland or someone else it doesn’t really matter Eric, it will be a clear sign that today’s fragile monetary system of fiat currencies backed by nothing is imploding....
=====
z
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/14_Turk_-_Gold_%26_Silver_Have_Bottomed,_Summer_Explosion_Ahead.html
With gold and silver rallying, today King World News interviewed James Turk to ask him if we have seen the lows. When asked about a bottom forming here Turk responded, “Eric you know from our previous discussion that I was looking for some more backing and filling and that is exactly what has happened over the last couple of weeks. More importantly gold dropped back to test $1,520, while silver probed support around $35 and both support levels held.”
Turk continues:
“The sharp rally that occurred today off of those support zones suggests to me that the correction is over. In other words we are going to see silver back above $40 and gold above $1,550 within the next couple of weeks. Everything is all set for new record high prices in both metals this summer, which is going to surprise a lot of people.
I just think that people don’t really understand what can happen this summer. We’ve spoken before about the summer of 1982 when the gold price rose 50% from June to September, propelled back then by the Mexican debt default.
There are so many potential debt defaults going on today it is hard to figure out which one will be the tipping point. But whether it is Greece or Ireland or someone else it doesn’t really matter Eric, it will be a clear sign that today’s fragile monetary system of fiat currencies backed by nothing is imploding....
=====
z
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