Andrew Hoffman – The Whole World is Falling Apart
The Daily Coin
January 12, 2015
In Andrew Hoffman’s latest video blog, Andrew explains how the dollar had exploded from .85 to .92 on Thursday January 8 while the 10 year bond had completely recovered from it’s bombed out bunker of 1.84 after dropping from 2.18. The 10 year bond was sitting comfortably at 1.931 Monday January 12 approximately 9:30am Central time.
We begin our visit taking a look at the commodity and equities markets. On Monday January 12, 2015 they had both fallen off a cliff. The DJIA had dropped $146 in the opening hour of trading. Crude oil had dropped over $2.00 a barrel, while gold was up approximately $9 an ounce and silver was up approximately .15$. This is where Andrew first mentioned the “world falling apart” and with good reason. If you follow the markets and you follow the unemployment numbers–they go hand-in-hand in my opinion–then you know the unemployment numbers from Friday January 9 were a complete joke. Once you drill down, just slightly below the surface, you begin to see the actual numbers and not the numbers designed to get Steve Liesman over at CNBC giggling like a little girl and tell everyone about the rainbow-spewing unicorns that greeted him this morning.
The first in-depth portion was regarding food cost and if food cost would go down, as we were told, at every turn I might add, that food cost were going up because the price of oil was so high. This lie, I’m sorry, propaganda, sorry again, this information was suppose to ease our worried minds about inflation. Inflation is raging in food cost and Andrew gives several reasons for this and also explains that some food products are actually decreasing in cost and explains the reasons for this as well.
The Rest…HERE
