There"s an old saying [ If you dont trust your government buy gold] Well I believe that we will inflate for the 99% of the population and have no cares about the 1% who really know whats going on. I also have strong fears about Pakistan. If everyone had 5% gold in there 401k the price would be between 1500 and 2000. By the end of 2010 I see 1500 gold.
Go where the money is in surplus. China. Brazil. Gold and Silver as well as energy outside the U.S. . I remember Jimmy Carter putting price caps on energy.
Go out and ask 10 educated people what is " Quantitative Easing ". I think you will find maybe one person who can answer this question. For me this is a very sad reality to witness. When I tell them its another name for printing money to allow the Fed. to buy back its own 10 year bonds,there baffled. The fed. Makes Bernie Madoff look like St. Peter. Talk about a ponzi scheme.
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