Friday, October 9, 2009

Beware of anti-gold nonsense.

Beware of the Media campaign to rescue the Obama regime. The drumbeat is now that gold is a bad investment. Even the Wall Street Journal had an article, calling an invetsment in gold "lousy." Such a stupid statement needs no link, so none is provided. But consider, if you were in stocks in 2005 to 2009, you lost 40%. If you were in gold, you had a 100% gain.

The Obama regime and its enablers in the FED are behind the #8 ball. To continue their policy of controlled deflation of the economy and American assets, they need to keep interest rates low. That reduces the value of the dollar. If they raise interest rates, the Stock Market will tank as well. The obvious way to stimulate the economy (reducing the taxes on business), is against the belief of the regime. So, all the Left (including the Norwegian Nobel Peace Prize Committee) is closing ranks to prop up Obama.

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