Personal Finance

Disarming Realities: Gun Sales Soar & Gun Crimes Plummet

When the only people who where packing guns were crooks, and law enforcers, it was relatively low risk for criminals to commit crimes against unarmed citizens. These new studies seem to suggest the bad guy’s have been moving towards other occupations since their risk has naturally soared right alongside skyrocketing citizen gun ownership….

article-new-ehow-images-a06-ii-hn-handgun-training-chicago-800x800“A couple of new studies reveal the gun-control hypesters’ worst nightmare…more people are buying firearms, while firearm-related homicides and suicides are steadily diminishing. What crackpots came up with these conclusions? One set of statistics was compiled by the U.S. Department of Justice. The other was reported by the Pew Research Center.

According to DOJ’s Bureau of Justice Statistics, U.S. gun-related homicides dropped 39 percent over the course of 18 years, from 18,253 during 1993, to 11,101 in 2011. During the same period, non-fatal firearm crimes decreased even more, a whopping 69 percent. The majority of those declines in both categories occurred during the first 10 years of that time frame. Firearm homicides declined from 1993 to 1999, rose through 2006, and then declined again through 2011. Non-fatal firearm violence declined from 1993 through 2004, then fluctuated in the mid-to-late 2000s.

And where did the bad people who did the shooting get most of their guns? Were those gun show “loopholes” responsible? Nope. According to surveys DOJ conducted of state prison inmates during 2004 (the most recent year of data available), only two percent who owned a gun at the time of their offense bought it at either a gun show or flea market. About 10 percent said they purchased their gun from a retail shop or pawnshop, 37 percent obtained it from family or friends, and another 40 percent obtained it from an illegal source.

While firearm violence accounted for about 70 percent of all homicides between 1993 and 2011, guns were used in less than 10 percent of all non-fatal violent crimes. Between 70 percent and 80 percent of those firearm homicides involved a handgun, and 90 percent of non-fatal firearm victimizations were committed with a handgun. Males, blacks, and persons aged 18-24 had the highest firearm homicide rates.

The March Pew study….

…..read it all HERE

“The Greatest Garbage Market in History”

How big can a market phenomenon get?

Of course, the great bubbles from the South Sea Bubble in 1720 to those of 1929 and 2007 are the really big ones. Other more specific examples include commodities and CPI inflation in 1980, junk-bonds in 1985 and tech-stocks in 2000. And then there was the great “new issues” market of 1962. Now called “IPOs”, that one was so popular that anything could be placed and it is in the history books as the “Great Garbage” market.

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Say Goodbye to ‘Made-In-China’ (Must Read)

Screen shot 2013-05-17 at 9.19.29 AMAnd say hello to the breakthrough technology that’s launching a 21st-century industrial revolution right here in America. Business Insider calls it “the next trillion dollar industry.”

The suits on Wall Street think this idea is too good to be true. But the guys who brought you the iPod and Amazon.com are already on board. You still have time to join them, if you act fast…

…..read it all HERE

 

 

 

 

 

 

 

Oil Trade Setup, Gold About to Bottom & SP500 Showing Weakness..

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Rule – What I Am Doing With My Own Money Right Now

shapeimage 22Today one of the wealthiest people in the financial world spoke with King World News about what he is telling the affluent investors and professionals they should be doing with their money at this time.  Rick Rule, who is business partners with billionaire Eric Sprott and the CEO of Sprott USA, also tells KWN readers what he is doing with his own money at this time. 

HERE is what he had to say in this fascinating interview.

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