Wednesday, May 15, 2013

Economy

Ohio in top 14 in tech job growth. This is because of military and police state funding. It won't last, thank goodness, but the funding disappears, it's going to devastate Ohio's economy.

More on the manipulation of gold prices.
"Kranzler reports that the current June futures contracts are 12.5 times the amount of deliverable gold. If more than 8 percent of these trades were to demand delivery, COMEX would default. That such a situation is possible indicates the total failure of federal financial regulation."
So this gold manipulation is going to add to the damage of the next collapse.
"Another irony is the benefactors of the banksters sale of the gold leeched from the gold ETFs. Asia is the beneficiary, especially India and China. The “get out of gold line” of the US financial press enables China to unload its excess supply of dollars, accumulated from the offshored US economy, into the gold market at a suppressed price of gold."
This will make price inflation come sooner.

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