LT,
I'm not completely sold on that idea yet, but maybe when deflation desperation sets in they will take it out for a spin.
I think central wankers fear two things, and those are deflation and gold. And the beautiful thing is the cure for one is the driver of the other. I like our odds.
Obama sure has a lot of expensive targets for our new, right-now, America. The short list is education, health care, credit markets (meaning stinky banks with radioactive paper...soon to be owned by you and me), loans for everyone and everything, saving GM and maybe Chrysler, the end of earmarks, deficits, energy, jobs and more jobs, bridges and roads, killing terrorists deep in caves, social security, pay-go, more troops (yes MORE troops), veteran's health care, and a whole bunch more stuff, and it is all paid for by just 5% of the population. I wish him well, but my HP17B just ain't got the buttons for that math.
GT TH |