Thursday, July 28, 2011

I hope the debt ceiling gets raised

... so the value of my precious metals rise.

It seems that this country is on the course to Greece, Spain, Portugal, and Germany. Unfortunately I don't really see a currency that has any sort of stability. I'm guessing other intelligent people don't either. So upon passage of the debt ceiling we will likely see precious metals rise and bonds start to sell off unless the Fed decides to start becoming the primary buyer of debt to keep the facade of a stable currency.

The lying continues...

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