Sunday 4 September 2011

PRINT-AND-​PRAY................from Rico

The "print-and-pray" approach simply has not worked. Employment, and the economy are flatter than Joe Biden's brain-scan.

The next couple months are going to get ugly.
- GET OUT of stocks, bonds, and any paper dollar-denominated assets you can. Now. You have NO idea how bad things already are, or are going to get. The running infomercials known as MSNBC and CNBC won't be telling you anything useful...they are a financial analog to horse sh*t.

I think you will see Gold at $2-220 with Silver at $60-70 shortly, and by March it could be Gold $3-3200 and Silver $100.

The DJIA at 9500....maybe as low as 8500, is coming.

The jig is almost up (h/t to Mel Brooks).


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