Michael Fitzsimmons

Gold-Oil Ratio Weekly Status Update

Of course the Fed is concerned about inflation, but that doesn't mean they can DO anything about it (or else interest rates would be up). The reality is that the US financial system has lost control of the situation (just as the architects planned it) and will thus allow the Fed (i.e. government, or "bankers") take over more and more of the financial system (again, as planned). Look at the statements from Paulsen and Bernanke lately. It's the complete reversal of what "conservative Republicanism" is supposed to be (just like all the rest of the Bush policies). The government is taking over more and more control, not less, which is what MY type of Republican conservatism is about. Of course, I am also for small government, financial responsibility, strong dollar, privacy, the US constitution...you know, all the things that conservative Republicanism USED to be about.

end result: gold will continue to rise as the US dollar continues to fall. meanwhile, the government will take over more and more control of the financial "system", and the S&P500, as it has been for the last 10 years, is dead money.