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  • Deflationary Depression: Where Do We Go from Here? [View article]
    Moral Hazards Amok

    The commodities bubble was burst intentionaly -Don Coxe called it a "brilliant" plan to knock the legs out from under hedge funds and begin the sell off with margin calls continuing the process. There is more to go. This not only let the air out of gold but it is unwinding the derivatives andguess where the money is going - in to US T-bills. When the hedges are done selling the dollar will fall for years to come as more money is created to prevent default by the US.
    Oct 25 09:47 am |Rating: 0 0
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