zero hedge via
Free Republic
He created this chart:
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| Top line is food stamp recipients, middle lines part time jobs and disability recipients, lower line full time jobs! |
If I had a blog in 2003, I could have predicted all this. But I did have a blog in 2004, and I said back then that there was a weak dollar policy in effect. This is otherwise known as a government that is resorting to the old practice that failed states notorious rely on- which is inflation and debt repudiation. Hence, the bullishness on gold.
As long as these policies continue, there should be no reason to be bullish on anything but gold.
I know gold has dropped, but that is the calm before the storm. Just wait.
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