sdavid0419

Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit

I agree with most of the above. As to TonyC's indication of baby boomers retiring I would like to add some points of view. I think his 1/3 takers will not be that high with runaway inflation an early retirement is tough to make work. Also, thanks to Clinton the way the government calculates inflation for Social Security COLA's is 1/3 or actual inflation thus burning the old folks who need this fixed income to live on. I believe the current economic policy is the final leg of the conspiracy to disolve the sovereignity of the United States and form the North American Union on way to the One World Government. Lay offs have just begun and already we have teachers and air traffic controlers arguing for raises to help offset this rediculous inflation. The next phase will be extended stagflation with demand to extend unemployment benefits. The way I see it either Clinton or McCain will continue the march towards the one world goal. I believe they are covering their bases by goading O'bama into takin Clinton as a VP as an insurance policy. I truly believe if he takes Clinton as his VP he will be signing his own death warrant.

Commodities Gone Wild

Its hard to imagine the best spin doctors of all time are missing their opportunity to sell treasuries. Here's the spiel:

Inflation is 12% so when you invest in our treasuries you are actually getting 13.65%, the 12 you are no longer losing plus the bonus 1.65 we are paying.

Never mind, I'll stick with Gold