We'll get a green light no matter what! It's not a question of if, it's a question of when.
I've been studying the economy very deeply. These last two years I've came to many realizations, one of them being we are MORE tham bankrupt as a nation. I truly believe with the core manipulation of everything in the western societies, if there was not a need for this they would shut it down. Especially with so many big businesses holding so many patents that would be somewhat null with full scale hemp/marijuana legalization. I mean they fight for weeks in capitol hill for 850bill for the year right, but QE3 brings that same amount into the system every month. It makes me laugh, and disgusts me at the same time.
Point being that is one of the main reasons I'm 100% here with my portfolio, NATIONAL DEBT! I'm sure you have heard of it, but are you familiar with this term......Fractional-reserve banking! From all my studies, I truly believe a rise of the prime rates of only about 3-4% would put us in full fledged bankruptcy. As at that point we would not even be able to make enough money as a nation to pay down interest, let alone do anything else! And the true rate lies about -3.25% currently, so in all reality that's just a break to even.
So no matter what this revolution is going to break through, if for nothing else but the amounts of $$$$$$$ it can generate for state and federal governments. I mean low scale marijuana is a 120bill a year industry. Now if you add in industrial hemp too, you blow the top off. Especially when is can be used to make almost literally everything! Not to mention you could replace corn with it, while still being to make the 15% ethanol mandate with hemp seed oils. The Ogallala Aquifer can't take the pressures of the corn belt much longer. The water level is 50feet lower than when productions began, and that is a main tool to help crops when rains are not abundant. Oh yeah, hemp takes roughly 25% less water to produce than corn!
OH yeah, The other week I was watching this news program, it was pretty main stream. Cnn or Bloomberg I think. But the just of the broadcast was about the shale revolution and the benefits of what it can bring. There was oil dependency by 2020, less imports, new jobs, ect.. But the most important thing, well for our sectors sense(had way different meanings for the metals). Was they had been asked the greatest benefit from this revolution and in reply the pundit answered, "The amount of revenue it's bringing and will bring, and the ability for the U.S. to see those dollars relatively fast".
IMHO marijuana legalizations will bring unfathomable amounts of money, and in time comparison if they saw $$$ fast from shale, It will be almost instantaneous from marijuana!
I won't give you the figures I a really think we can do as a nation as you probably would never believe me, hahaha :)! Thing that really bothers me about this though, is I've found more more people ready to revolt in the case of the marijuana legalization. But I saw very few as outraged and disgusted as I, on Sept./13/2012 when Mr. Bernanke launched QE3 and pretty much sealed the fate of this nation. To make it even worse, with our taxes we fund the same program that will ultimately cause our demise!
Anyway take care & GLTA!!!!
AI
