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  • Gold Bull Sees Huge Run for Gold [View article]
    Wheeee! Another jump in the debt ceiling!!

    $8.965 TRILLION March 2006
    $9.815 TRILLION May 2007
    $10.6 TRILLION July 2008
    $11.3 TRILLION Sept 2008

    $13.0+ TRILLION Jan 2009? (estimated)
    If so, that would be roughly a 50% increase in the public debt in just over a year, and with things likely to get much worse.

    That's over $45,000 per man/woman/child in the US.

    Eventually the Chinese and Japanese will either a) panic, or b) get angry. Neither bodes well for the dollar.

    Got gold?
    Sep 20 20:47 pm |Rating: 0 0
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