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Wednesday, December 15th, 2010
2011 Forecasts For Commodities and Currencies
Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on COMMODITIES & CURRENCIES were channeled on December 14, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… Each December here at Channeled Readings, LLC we channel our Forecast for the coming year on each of our 14 CR News Reports© topics. Today’s topic is the Commodities & Currencies. Remember, we are the only psychics in the world that have every prediction notarized for accuracy and date. Last December, in 2009, our CR News Reports© session on Commodities & Currencies featured the following forecast for 2010… 1.) Both individuals and the government will be concerned with digging themselves out of the debt hole. 2.) We predict that during 2010, the U.S. will start to have fewer buyers for its debt. In fact, the foreign buyers may dry up and the only ones left will be the Federal Reserve. 3.) By the second or third quarter you may start to hear talk about devaluing the dollar or possibly issuing a new dollar that would be worth 1/2 or 1/3 of the old dollars. 4.) Gold is the first thing people flock to when you see trouble with the dollar. Silver is more of a “hybrid” metal – with both investment appeal and manufacturing appeal. 5.) The biggest catalyst that will affect gold and silver prices is Sovereign debt default. When you hear that a country or Sovereign fund is defaulting, get in line to buy both gold and silver. 6.) The mining stocks may become the new “darlings” of the market and have the prestige the home builder and construction stocks had during the boom. This will make them a more steady play. Many of the mining companies have eliminated their hedge positions. 7.) The talk about metals-backed money will increase during 2010 and further fuel precious metal buying. People are looking for something they can trust and believe in. Faith is declining worldwide in paper money. 8.) The administration will attempt to do everything to get banks lending again to individuals and small and medium-sized businesses, but the banks will fight back. This is when talk about devaluing the dollar will start…talk about lowering the value of the dollar. 9.) People may want to start buying some gold or silver on this current pullback. Following this link to the CR Greatest Hits© PREDICTIONS on Commodities & Currencies for December, 2009 is where you’ll find 8 news stories that support these predictions after they happened. We would now ask Higher Intelligence to bring through their predictions and commentary on what they see coming in 2011 for Commodities & Currencies … Go ahead with your predictions and commentary…
Monday, November 15th, 2010
Food Derivatives Yield Profits And Starve People
Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on COMMODITIES & CURRENCIES were channeled on November 14, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… In addition to metals, food commodity prices are rising worldwide. This would not be a big deal if people had jobs or if wages stayed up with inflation. High food prices are causing shoplifting to explode because of the desperate situation people find themselves in. On top of all this, populations keep increasing, causing an additional strain on the food supply. Over the last few years, some countries have experienced food shortages, skyrocketing prices and food riots. The bio-fuel fiasco, which takes more energy to produce the fuels than the fuels themselves provide, also takes a lot of the supply of basic grains out of the world’s food chain. With all commodities going up in price along with demand, it will be a struggle to feed the world, as shortages exist along with prices out of the reach of many of the world’s poorest people. In addition to rising prices, terror attacks, weather and environmental disruptions, rising transportation costs, and coming protectionist actions by some countries can cause disruptions in the food supply. You previously mentioned that people should be storing some food and water as well as investing in metal bullion to hedge against rising prices and catastrophic events. You even mentioned that people should have an organic garden. What do you see for future commodity prices? How will world currencies fare? There is a lot of tension between countries in their attempt to do what’s necessary to protect themselves in these economic times. Will countries begin hoarding grains and other food commodities to feed their own people while other countries suffer? … Go ahead with your predictions and commentary…
Friday, October 15th, 2010
Not Recession Or Depression – The End Of A System
Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on COMMODITIES & CURRENCIES were channeled on October 14, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… In last month’s CR News Reports© on Commodities and Currencies , we predicted that gold would end the year around $1,500 an ounce. Gold is heading for its 10th consecutive annual gain, already up 26% for the year. Today, gold reached another all-time high of $1,388 an ounce before pulling back and closing at $1,377. Last month we also predicted silver would reach $25 an ounce before the end of the year. Silver hit a 30-year high today of $24.95 for December contracts and spot prices settled at $24.63. Meanwhile, the U.S. dollar fell to its lowest level in 10 months against a basket of 6 major currencies. The U.S. dollar has fallen 13% since June. The Fed is now the second largest owner of US Treasuries (debt) next to China. What happens if consumers lose faith in the U.S. dollar? Is the government afraid people will start using precious metals as currency again? By 2012, through a provision snuck into the health care bill in section 9006, the government will be able to track and tax all gold sales between individuals by forcing them to report to the IRS any sale over $600. That’s less than half the value of a gold coin now. Why would the government want to do this? Why isn’t anyone on TV talking about this yet? Every other commercial on TV is about buying gold. Is it too late or are we just getting started on the biggest run in history for gold? … Go ahead with your predictions and commentary…