sandspider

Lawrence Roulston: Gold Prices Will Trend Higher

The UK is just beginning to see their time bomb and like the US and their international banker kings, will be unable to remove the fuse in time. These are not normal times and therefore the rules change. Wait and see how many folk in far away lands quit taking on anymore US debt. Wait till the Middle East put together their currency. Even the Euro will smell something burning. But they will continue to run the printing presses till the power goes out and shuts them down. All on the backs of the American tax payer. Anyone really pay attention to the old M-3? Try over 17% increase for size. Anybody ever calculate the old CPI (inflation) before the change during the Carter administration. Today they sell us on 4.2% because we no longer weigh food and fuel and taxes the same. Pre-change days (early 70's) it would be sitting at 11.5%. Ever here of smoke and mirrors? Got Gold? Is Rome burning or is it just that the "king" has no clothes and he just farted.