The most important part of your article is the last sentence. The fed, in conjunction with other central banks, can and will reflate the global asset bubble. They prove it every day. We are undergoing coordinated global debasement of fiat currencies that will render the accumulated mountains of debt (along with any accumulated currency savings) worthless.
Short long term government debt, buy gold, copper, oil. Borrow money, do not lend money. Spend, do not save. The fed has chosen its path, ignore the message at your peril.
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The most important part of your article is the last sentence. The fed, in conjunction with other central banks, can and will reflate the global asset bubble. They prove it every day. We are undergoing coordinated global debasement of fiat currencies that will render the accumulated mountains of debt (along with any accumulated currency savings) worthless.
Nov 10 10:10 am
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All Comments by wdhalgren »U.S. Is Playing Financial Dominoes [View article]
Short long term government debt, buy gold, copper, oil. Borrow money, do not lend money. Spend, do not save. The fed has chosen its path, ignore the message at your peril.