Saturday, January 3, 2015

Kitco Commentary: Daily Pfennig: Oil Rigs Are Shutting Down At A Quick Pace!

Good article, but likely to fall on deaf ears.  Everything is "awesome", doncha know?

Lots of danger signs popping up everywhere, it seems.

  • commodities crashing
  • Japan's saving rate goes negative
  • Ruble crashing with a "Crazy Ivan" in charge
  • Oil rigs shutting down
  • China plans for ending dollar domination is working like a charm
  • China is working intelligently towards the future with respect to msrs,  but what are we doing---nothing!
  • Lot's of countries pulling their gold out of American banks.  Why?  Because they are not stupid.  Who is?  Who voted for a guy named Hussein for POTUS?
  • Meanwhile, the US continues to rely upon cheap money.  This won't last, but do they care?  It won't be their asses, if you catch my meaning.

Prepare yourselves.


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