Sunday, February 28, 2010

Sunday Night Precious Metals Pornography...

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The U.S. monetary base jumped to 2.18 trillion as of 2/24/10 - a new record:

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  1. I am convinced that you can distill this whole global economic crisis down to one premise. This is a USD crisis with no way out. Much pain and dislocation dead ahead. It will take a decade to get out of this mess.

    Joe M.

  2. It's not a crisis until the world stops accepting dollars. Until then it's a global debt bubble.

    Now the dollar is spiking higher because the pound is shitting the bed.