Friday, September 17, 2010

Friday Music

This one is dedicated to Obama, Geithner and everyone out there who is buying into the smoke being blown by the Government, Wall Street and the media about an economic recovery and no threat of inflation.

We know for a fact that inflation is starting run rampant in Asia, especially in India.  Not coincidentally, the Central Banks and citizens of those countries are buying gold hand-over-fist.  Here's where inflation will start to really creep into our system:

(click on chart to enlarge)

The Fed's quantitative easing and the weaker dollar and what is being seen as a growing global shortage of agricultural products will soon translate into price inflation in this country.  And all of the data connected to the housing market and the automobile market suggest that production and sales of both are going to fall off of a cliff, which means our economy is in trouble again.

Have a great weekend! I'm out Monday.


  1. LOL. Dude, I love that song!

  2. Have a great one Dave.

    Here's the Mises conference in the Springs-

    "The Delusion of Good Government"

  3. that wedgie analogy is an amazing one...i have never heard that before about a chart. :)

  4. Thanks for all you do Dave, enjoy your long weekend.


  5. I love inflation actually...because it just makes me money :P

  6. Could please explain why had the High Yield Composite Average has gone to 12.24 up 46.4% today indicating that all hell is abot to break lose.