
This segment will discuss how the Fed has no choice; It must inflate. Any way you slice it, the spotlight will remain on the Federal Reserve Bank and its attempt at a soft landing from its current “easing” program. If they shut off the stimulus altogether, Wall Street would crumble under the weight of insolvent companies highly dependent on Uncle Sam`s cash handouts and unable to meet their financial obligations without it. The housing recovery would get crushed by the higher interest rates (Yield on ten yr. note up .65% since the middle of June), and unemployment would hit 20% minimum (real number much higher!).
The Fed knows it needs to pull back on its Quantitative Easing program and is finally starting to realize it is bad money chasing bad money. But the damage is done, and they know that cutting it off too quickly will shatter our economy. The Federal Reserve Bank and the federal government of the United States have done a terrible job managing our economy and have put our country in a hole that will take generations to overcome. No matter how rosy the picture you paint regarding our economy, it will be forever overshadowed by the amount of debt we, the people, are on the hook for.
“A nation of sheep will beget a government of wolves!”
Edward R. Murrow
SHORT TERM PLAY? NO WAY!
Many consider precious metals a good investment and a way to make considerable wealth if inflation gets out of hand. I am shocked that so many agree with this malarkey; no wonder many are depressed after the 30% fall in price. How is it, then, that anyone could be so optimistic about precious metals after that sell-off? The pundits are right for a change; gold and silver bullion is a bad investment! And by saying so, they completely expose their ignorance and lack of comprehension. Gold and silver bullion is not an INVESTMENT but an INSURANCE POLICY!
Buying gold and silver bullion coins and bars protects your assets from inflation and privatizes a portion of your wealth. We consider gold and silver bullion coins and bars a store of wealth and the perfect way to protect your retirement dollars. We suggest accumulating precious metals as a core holding if you are starting. And when the US dollar eventually defaults, the relief you will feel because of your metals position is PRICELESS!