Thursday, February 3, 2011

The Primary trend - The Truth About Money

1.There's no problem with lying to Americans. Americans have no idea what the dollar is doing. Furthermore, Americans are told by their government that there is no inflation. The government's proof is the CPI (Consumer Price Index), which is manipulated to show that inflation in the US is zero (food and energy are left out of the CPI).

2.In other countries where their currency was severely devalued, their stock markets surged dramatically, and I'm talking about South Korea, Argentina, Malaysia and Indonesia. So watch the US dollar.

3.Last Thursday two credit agencies (S&P and Mood's) warned that they might have to do the unthinkable -- lower the AAA rating of the US. Japan's credit rating has just been lowered.

4.Somebody's got money. The art market is booming big time. Christie's auction house announced on Thursday that it sold a record $5.25 billion worth of art in 2010. A new record. 

5.The national Research Council reports that life expectancy in the US has improved, but the improvement lags the improvement in 21 other nations. The average man in the US, starting from birth, can expect to live to be 75.64 years of age, women to 80.78. Japan has the highest life expectancy -- men in Japan live to be 79, women to 86.

6. Egypt is the worlds largest importer of wheat. So floods in Australia, hoarding in Russia, the big freeze in the US and a hungry world is not going to help the situation.

Don't tell your problems to people; eighty percent don't care, and the other twenty percent are glad you have them - Lou Holtz

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