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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: Gib Bogle who wrote (54928)9/13/2009 4:35:54 AM
From: elmatador  Read Replies (2) of 218079
 
Obama got an US on its return to its natural size. It is beyond his capacity to arrest that. His job is to manage that return.

Several past presidents have used the FED and the USD to postpone the return to the natural size.

Nixon managed that by taking the US out of the Gold Standard.

P Volcker inaugurated fleecing late on the 80s. That allowed Reagan -when Americans had already settle to return to their natural size- came with his idea it was morning in Amaerica and went from some Moon bean ideas of 600-ship Navy, Star Wars etc.

Once fleecing other countries by creating conditions for capital flights -the last was 1997/98 Asian meltdown- the US started to go bubble after bubble.

Today there is no alternative anymore. No fleecing neither bubbles.
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