You Are Paying For The Bailouts!

If you don't know who is paying for the massive stimulus bill and bailouts, it's you. There's no free lunch. Everyone who saves or earns dollars will have their purchasing power stolen to fund an unprecedented increase in government spending. If you don't want to pay, buy gold.

The US Dollar Is Entering a Tailspin

Last week as the US dollar spiked many currency speculators were suckered into the trade. They are now underwater hoping for a rally. Soon they will stop hoping, and bailout of the biggest currency head fake ever. The US dollar is entering a tailspin from which recovery is impossible.

Topics: currency trading, forex, US Dollar;

Gold Is The Safe Haven

Treasury bonds are not a safe haven. The Federal Reserve will own all the Treasury bonds, as well as most other U.S. dollar denominated debt. The problem is that the tens of trillions of dollars the Fed will print to buy all those bonds will be practically worthless. Gold is the safe haven.

Real bond yields will plunge as inflation soars. Normally rising inflation would push up nominal yields to compensate buyers for the erosion of their purchasing power. But since the Federal Reserve is buying to keep nominal yields from rising, the entire bond market is about to be monetized!