I agree that we are probably going to see a continued decline in commodity prices especially PMs. However, given the increases in the monetary supply I forsee this trend reversing. When the trend reverses, which isn’t going to happen immediately because we are headed towards a major recession, with unemployment rising, and more likely interest rates as well, inflation [...]
Tags:
banking,
currency,
fiat,
gold,
government,
hyper inflation,
Investing,
money,
recession,
scenarios,
silver,
speculators,
unemployment
GDP cries foul! When the numbers emerged today I was shocked. After my initial amazement sunk in I started to wonder what was “really” going on here… My eighth grade science teacher (yes 8th grade was a long time ago) managed to prove through statistics that I and everyone else in the class didn’t exist. [...]
I’m pissed to say the least… First Bear Stearns and now the Macs. Why do I as a taxpayer get the privilege of helping these overextended companies stay in business? It is bad enough that the Fed keeps “printing” money, which keeps the interest rate low and provides liquidity to an illiquid financial industry. Each time they [...]
