--Cypher (The Matrix)
As noted in this article, the following chart says it all:
Bernanke and other Fed heads have been claiming that their actions have not been stoking inflation.
Today, gold is again marking all time highs, silver is at generational highs, and oil is north of $110/barrel.
Of course, those who slurp down such drivel will be first in line for the next bailout...
position in gold
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1 comment:
By printing money, the earnings power of the proletariat is diminishing, while the assets held by the wealthy are going up. And at the same time, the wealthy are outsourcing more and more production to China, to further rob the masses. So in other words, all we're seeing is wealthy-on-poor class warfare.
~Marc Faber
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