Long Silver John

Obama's Sure-Fire Formula for Accelerating Inflation

I think we should be allowed to print our own money on home computers. When the paper runs out, we just use thin slices of baloney. That removes any pretense as to what's going on. I would like to know the Fed's exit strategy for removing excess reserves. Don't they have to sell something? Like toxic assets on their balance sheet? Or can they just tell the banks to give the money back?

Crossing the Rubicon: Monetizing the Long Bond

I've always been optimistic, but I just pulled out from the last of my mutual funds and put the money into physical gold. I also stockpiled canned goods and commodities that I'm likely to need during the next year. If you read Murray Rothbard's "America's Great Depression," (available online in pdf) you can see where this is headed (just change the names and dates).