The very people who fundmentally 'broke' the system has been claiming they can 'fix' it.
Right.
We have the perfect trifecta of stupid [Fed-treasury-Congress] pursuing monetary insanity.
Sure.
The lapdog media is telling us things are getting better and will be all right. Trust the Dollar and buy US Bonds (debt) because they are safe. Stay away from that gold bubble though, bubba!
- It's not a bubble until it's near 25% of the market. Look at the chart and find the red numbers. You'll recognize the bubbles we've recently had.
- Look at the historic global investment numbers for gold. Does this look like a bubble to you? I think it has a long way to go just to 'catch up' to where it ought to be.
- When the equities markets double in Dollar value, and the Dollar is worthless, we can ALL be Zimbabwe Billionaires and light our cigars with greenbacks and watch the USG default on its debts by paying back loans (bonds) with the equivalent of monopoly money.
Friday 15 October 2010
Perfect trifecta............from Rico
From Theo Spark at 08:06
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