4.16.2008

Cursing the loss of purchasing power

Thomas G Donlan's new essay in Barron's is titled "Lands of Waste and Debt" with the subhead "The states send signals that it will not be a happy spring", which makes me ask the obvious question, "It won't be happy for who?", as I am all in gold, silver and oil, and I am dead-bang sure that I will be VERY happy for a long, long time because I know what happens to those particular items when a moronic, corrupt government teams up with a central bank, especially one utilizing some bizarre computer models to determine monetary policy; inflation that screams your death knell.

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