Thursday 25 March 2010

Happy ending?...............from Rico

Unlike some massages where you can expect a "happy ending" do not expect one in the fiscal sense.

US debt is NOT going down. The money supply is vastly increased, and increasing.

The money being printed ad infinitum by the "Fed" is NOT going into business growth, but is being used to buy US Government debt.

Expect an ending very close to Shakespeare's "Scottish Play"..."Bubble bubble, toil and trouble" will be the least of our concerns...

Let's see...since the US debt is NOT going down any time soon (rather, it just increased by another trillion or so, thank you Nazi Pelosi & Company the other day) I would "deem" it safe to say the US Dollar is NOT a very safe haven. Hmmmm, I wonder IF gold is "reconciled" to that? Look at the final chart attached and decide for yourself.



No comments: