JohnAl

Gold Should Be at the Heart of a New Global Reserve Currency

Why not just let the market decide? Repeal the legal tender laws that require the acceptance of Federal Reserve Notes "for all debts public and private", and let's see what the market comes up with as alternatives.

12 Reasons to Short Gold

The contrarian in me wants to short, or at least stop buying, but I'm not only still in but buying more on most every pull back. PMs are rising because people are still betting on inflation and as long as that play is on I'm along for the ride.

Plus, I just don't see either, how this ends without price inflation:

-The US gov needs to borrow trillions.

-The Chinese are making noise about cutting back their lending and asking for assurances on the soundness of the dollar.

-The trade surplus to all the big international lenders (China, Japan, Arabs) is down 'cause we're broke and not buying their stuff so they'll have fewer dollars to buy our increasingly growing debt.

-There's clearly a treasury bubble.

So how do they fund the expanding debt without Bernanke's help?

Sounds like an inflation scenario to me. Just wish I knew when.