ronslim

Gold's Current 'Message'

I am long gold. That said the other side has some interesting questions.

1. Rule change mark to market gone, balance sheets magically repaired

2. CDS intervention and transparency returns

3. bad assets returned to banks with "new value" government debt goes down, dollar rally

4. house buying incentives added, zero down etc. "because this is no time to act fiscally prudent" The sheeple buy it and gleefully charge up their accounts

5. Obama and the dems claim victory for the success of
the liberty confiscation act and demonize the repubs for standing against it



6. Obama demands and gets elected for life.

Q. what happens to gold then?