Chart usGOLD   Chart usSILVER  
 
Food for thought
The price of anything is the amount of life you exchange for it
Henry David Thoreau  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1230.900.34
Silver 17.17-0.02
Platinum 1243.50-2.00
Palladium 776.00-2.75
WORLD MARKETS
DOWJONES 16805128
NASDAQ 448431
NIKKEI 15292153
ASX 539929
CAC 40 4129-29
DAX 8988-60
HUI 184-1
XAU 760
CURRENCIES (€)
AUS $ 1.4416
CAN $ 1.4227
US $ 1.2669
GBP (£) 0.7875
Sw Fr 1.2059
YEN 137.0400
CURRENCIES ($)
AUS $ 1.1382
CAN $ 1.1230
Euro 0.7893
GBP (£) 0.6217
Sw Fr 0.9518
YEN 108.1000
RATIOS & INDEXES
Gold / Silver71.69
Gold / Oil15.17
Dowjones / Gold13.65
COMMODITIES
Copper 3.060.01
WTI Oil 81.14-0.61
Nat. Gas 3.60-0.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Dying Hope
Published : February 02nd, 2013
500 words - Reading time : 1 - 2 minutes
( 3 votes, 5/5 ) , 1 commentary Print article
 
    Comments    
Tweet

Read the Thursday Afternoon Wrap-Up for 1/31/2013 and the Friday Morning Commentary for 2/1/2013

It’s ironic that Obama’s 2008 campaign platform focused on the amorphous, fleeting, impractical emotion of HOPE.  I get it, it’s just campaign PROPAGANDA – formed by small minds, preying on smaller ones.

From the politician’s standpoint, the best part of such an ambiguous “promise” is the near impossibility of measuring it.  From time to time, loaded polls suggest constituent “approval”; however, the FACT remains that Obama is currently tied – with George W. Bush, no less – for the most “unpopular” re-elected President since Gallup started taking such polls in 1945…

Obama Job Approval Rating Lower than Nixon’s

…while Congress “enjoys” its lowest approval ever; falling to a HORRIFIC 10% last year…

Moreover, despite the government’s best efforts to mask REALITY with PROPAGANDA; privately taken polls – like the Bloomberg Consumer Comfort Index – are barely above the 2008-09 crisis lows…

For all the government hype and spin regarding economic “recovery” – an ongoing, NEVER-ENDING LIE; U.S. Labor Force participation is at a 30-year low…

Source: Zero Hedge

…and REAL unemployment is near DEPRESSION-ERA levels…

…particularly for families in their peak child-rearing years…

Source: Zero Hedge

…with the prospect of further, dramatic job cuts when the upcoming “fiscal cliff” hits…

New fiscal cliff looms after sequestration put off until March 1

Meanwhile, REAL wages have been declining for nearly three years

Source: Zero Hedge

…as job quality plunges

A Quarter of Jobs in America Pay below the Federal Poverty Line

…as part of a longer-term trend; with no hope of improving…

Consequently, U.S. entitlement growth is exploding

10 charts showing America’s stunning entitlements explosion

…with half the nation dependent on the government; hence, the rising popularity of the Democratic Party…

Source: aei-ideas.org

…including a stunning 47 million people on food stamps…

…and 6% of ALL workers on “disability”…

Meanwhile, there’s even less hope for the nation’s youth; holding $1 TRILLION of undischargable student loans…

The Scariest Chart of the Quarter: Student Debt Bubble Officially Pops As 90+ Day Delinquency Rate Goes Parabolic

…fighting all the aforementioned, whilst REAL inflation eats away at purchasing power by 8%-10% annually…

Furthermore, if the above didn’t sap any remaining hope about America’s future; the “icing on the cake” is the fact that while “the 99%” are suffering, “the 1%” are doing better than ever

Source: Wikipedia Commons

…particularly the very same bankers that CAUSED America’s ruin…

How the Glorious Socialist Revolution Generated a 681% Return for Goldman Sachs

As we approach the END GAME of currency collapse, America’s “DYING HOPE” – above all else – poses the greatest political, economic, and social risks…

Guest Post: Hope Has Changed – It Died

…as from such conditions, powerful demagogues have historically taken power; with devastating consequences to all…

Thus, you MUST…

PROTECT YOURSELF, and do it NOW!

Call Miles Franklin at 800-822-8080, and talk to one of our brokers.  Through industry-leading customer service and competitive pricing, we aim to EARN your business.

 

Tweet
Rate :Average note :5 (3 votes)View Top rated
Previous article by
Andy Hoffman
All articles by
Andy Hoffman
Next article by
Andy Hoffman
Receive by mail the latest articles by this author  
Latest comment posted for this article
"Hope" is something that you never have to deliver on...it is always in the future. I could have told you'all in '08 that he is as full of 'dung' as a Christmas turkey. Read more
Don F. - 2/4/2013 at 3:51 AM GMT
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Andy Hoffman

Andrew Hoffman was a buy-side and sell-side analyst in the United States (including six years as an II-ranked oilfield service analyst at Salomon Smith Barney), but since 2002 his focus has been entirely in the metals markets, principally gold and silver. He recently worked as a consultant to junior mining companies, head of Corporate Development, and VP of Investor Relations for different mining ventures, and is now the Director of Marketing for Miles Franklin, a U.S.-based bullion dealer.
Andy Hoffman ArchiveWebsite
Most recent articles by Andy Hoffman
10/24/2014
10/24/2014
10/23/2014
10/23/2014
10/22/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
 
       
"Hope" is something that you never have to deliver on...it is always in the future. I could have told you'all in '08 that he is as full of 'dung' as a Christmas turkey.
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer