Tuesday, March 10, 2009

Another Reason Why The Gold Price Should Skyrocket

The gold price should skyrocket because of the bailouts the US government and its central bank are making.


The US Treasury and the Fed have to create all these dollars being spent on bailouts out of thin air adding to the "money" supply, devaluing the US dollar. The US federal government is broke. Not that all 8.5 trillion is spent, yet. To give 8.5 trillion perspective, M3 is about 14 trillion. Who is to say when this gravy train will end? This scam could go on and on and on. The gold price is definitely going up. It is already making new highs in other government fiat tokens.

No comments: