Wednesday, January 12, 2011

Fed prints another $600bn to keep US recovery on track

Fed prints another $600bn to keep US recovery on track - Telegraph

Just how low will the Dollar be devalued, by the back door, using this strategy. Gold will now appear to rise in price again. However it is the fact that there are now more Dollars in circulation that is making each Dollar worth less and it therefore needs more of them to buy the same amount of Gold as before. Thus artificially improving the Gold price making it look a good investment still. This enables the smart money to get out of Gold before the bubble inevitably bursts. There was once a super economic con called the South Sea Bubble and the Gold price is a similar thing as far as I am concerned. Buy Silver rather than Gold.
No wonder the Chinese are hopping mad. They bought up US Treasury Bonds. With more and more Dollars flooding the market place and therefore devalued the T Bonds are not worth the paper they are printed on as nobody wants to buy them from the Chinese. They got well caught out with that one !!!! If I were China I would demand immediate payment, in Silver, before there value goes down to Cents as opposed to Dollars ! Watch the Treasury shit themselves then !! Silver would go through the roof, the Chinese would get their money back with interest by selling the Silver in the market place. Far better than the face note interest of the Bonds.

No comments:

(1) Walmart Employees EXPOSED For Falsely Accusing Shoppers Of Theft - YouTube

(1) Walmart Employees EXPOSED For Falsely Accusing Shoppers Of Theft - YouTube