Gold and the Dollar: Value is in the Eye of the Beholder [View article]
This author's totally missed the boat. The FED is the cause of this but it won't be the solution. THe current subprime and consumer credit fiasco's were planned by the Fed (just like every other economic crises we've faced) so the big fish can swallow up the smaller ones and to get us closer to a north american currency. The best way to fail a any economy is to devalue its currnency. The only way to fix our broken economy is to get off a fiat money system and back onto a hard (gold standard) money system but this won't happen because it's counter productive to the global/banking elite.
This author is laughable. I'll gladly buy all the gold he's selling at this point and he can have my worthless semi conductor stocks. The fact that the FED will continue to print an endless supply of FRNs coupled with the crash in the housing markets and consumer credit virtually garauntees PMs and commodities will continue to rise.
The money supply is pushing these commodities to new artificial highs. The fact the FED and ECB continue to dump money into their economies further supports the continued run up of these items.
Gold and the Dollar: Value is in the Eye of the Beholder [View article]
Getting Out of Leveraged Gold [View article]
Metals, Agriculture Extremely Overbought [View article]
IMF Gold Selloff Won’t Hurt Current Bull [View article]