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Bank of Japan is cranking up their printing presses, to emulate helicopter Ben, and the giddy folks are enjoying the equities run. Inflation for everyone, and cash on the sidelines are going to be left behind! Price of eggs, bread, cereal, groceries are launching up, up, up. Energy continues to cost more. It is onl...more
Great article again Bill! Now that money laundering center of Cyprus has been shut down, can other offshore banking centers of questionable repute be far behind?
The Italian election made gold and other precious metals go 'ka-ching' today. There is always a lot of gold at Italian weddings, and now we can add elections to gold watching events! Gold bugs sleep well in the coming elections in Asia and Europe. Great article Bill!
The US Government is buying bonds that were sold to weak buyers in the past, printing money keeps 'weak' buyers in the game! Buying your own devalued stuff means a loss on the books (somewhere on the Fed Ledger).......Yikes!!!!
Great article Bill with excellent cross references for 'food-for-thought'. I am not looking forward to the spending and printing presses the next 4 years! The phrase of 'We are from the government and we want to help' makes for economic chaos! How is everyone's survival plan?
Big Ben Bernanke will have until 2014 to prove his policies, Big Ben of the Steelers will still have his job in 2014, and Big Ben in London will still give you time in 2014. So in the next year 2013 we can focus on Big Ben Bernanke to prove himself like the other two!
Bill, great article for insight to possibilities of coming attractions! Also, Google numbers have everyone's attention going into this weekend. The printing presses for for Euros and Dollars continue go full speed ahead --- why not buy gold?