with usa officialdom committing its tax serfs to borrow and spend, willy by the nilly, deleverage is just an event, the process is as before, fiat money inflation
trusting the officialdom in what they say, as opposed to by what they do, would be unwise
the usd trend is down, and down some more, in choreography with other paper monies, also down, and down some more
gold, the one, true, and trans-generational cash, is up, up some more, and to be up-ed for as long as necessary, for the sorry empire's fate is at the stake, and all else must be sacrificed at the temple of the fed |