Goldman: Yuan Poised to Become Reserve Currency- Bloomberg
Dear CIGAs,
Having participated in the 1970s gold bull market, I witnessed overnight money go from under 3% to over 21% as 10 year money went from under 3% to 14 7/8 %. Gold went from under $40 to $887.50.
As such, India raising its interest rate does not seem to be a reason to worry about gold. India’s move and the EU riding a bucking bronco was reason enough for a CRIMEX gold raid.
Relax, you have done everything right.
Jim Sinclair
EU Exports to China as UK, US Sales Shrink- Bloomberg
Canada's 'Loonie' Inches toward Parity with US$- Seattle Times
FDIC: Many Small Banks Dependent on Guarantees- Reuters
Supply of Foreclosed Homes on the Rise Again- Wall Street Journal
This is caused by pure inflation...
Gas Prices Highest since Oct 08, May Pass $3 by Spring- Austin American-Statesman
Derivatives debate splits U.S., European regulators
Roubini Economist: We're Headed For World of Inflation
My Inflation Nightmare
I'll bet you haven't heard this from the main stream media...
Latvia government collapses amid economic crisis
You won't need to wait this long...Inflation for Feburary was an astounding 9.2% for just 1 month...
U.S. Hyperinflation Possible by 2015
Any ideas as to what will happen in cities, when welfare spending is cut...hint: they will RIOT...
Moody's Fears Social Unrest as Triple A States Implement Austerity Plans
Idaho's Plan to Downgrade the Dollar
Hipsters on Food Stamps
Sovereign Debt = Subprime Debt
China Trims Holdings of US Treasury Securities
Social Security: "Here It Comes"
Friday, March 19, 2010
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