Friday, January 31, 2014

The Fed’s Between a Rock and a Hard Place

Kitco  Commentary

Whichever direction we are headed, I believe we are nearing very perilous times because “the big lie” that prosperity can be created through the printing press, can no longer be hidden.--- Jay Taylor

Exactly.  I heard on a news clip this morning that the real estate market is slumping.  It's the part of the economy that thrives on easy money.  Money is already pretty easy, but the fact that it is slumping even in an easy money environment shows you something.

Very nice article.  As they said, read the whole thing.


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